The Sun.
London, England, 1864-06-22 00:00:00

STATE OF TRADE,

MANCHESTER, Jane 21.—There is a pause in the
market to-day, owing to the great anxiety which
prevails on the question of a renewal of hostilities
between the Danes and Germans. The absence
also of advices from India, now three days overdue,
prevents merchants from operating. For shipping
yarns there are a good many orders in the market,
which are held back till after the sitting of the Con-
ference to-morrow. There is an almost total ces-
sation of business for export. Prices, however, are
very firm, and few, if any. spinners have been dis-
posed to take less prices than last week. The
general opinion seems to have been that it would
be useless to press sales with the present feeling in
the market. In home trade yarns there has been a
very quiet market, and there has been less than an
average business, For cloth there has been a stag-
nation in the demand quite equal to that in yarns.
Buyers seem to have quite an aversion to entertain-
ing offers of business, and the only operations re-
ported have been on an exceedingly small scale.
Manufacturers are not pressing their goods on the
market in this state of things, and we do not ob-
serve any actual change in quotations. There are
some exceptions to this rule, where sellers have
stocks and are compelled to realise, but they are
comparatively few. The transactions of the day in
both cloth and yarn have been of the most insigni-
ficant character. Messrs. John Slagg and Co.
report of this day's cloth-market:—" We have had
a most inactive week, and to-day business seems
quite at a standstill. We cannot quote any change
in prices, as nothing has been done to test the
actual value of goods."
LEEDS, 21st.—The woollen cloth■markets in the
public halls have been rather inactive this morning.
The attendance of buyers being rather below a full
average, and there being no great bulk of new and
seasonable goods in the halls, business wore a some-
what dull aspect. As to prices, they were well
maintained, those of heavy and medium goods alike
ranging fully as high as the quotations at the open-
ing of the present month. There is a little increase
in the export trade, chiefly in heavy goods, for the
Canadian and American markets, and the manufac-
turers keep well employed in every part of the dis-
trict. Wools are without change in quotation, and
the market for the English new clip is tightening.
NOTTINGHAM, 2lst.—At this exchange hall to-
day there was a pretty fair attendance, but, as
higher prices were asked for lace yarns, only a
limited amount of business was transacted. For
hosiery yarns high prices were also realized. Silks
as before. For brown nets the demand was blow,
but prices had an upward tendency.
ROCHDALE, 20th,—There was a good attendance
of buyers in the flannel market to-day, and the same
cheerful state of things existed as we have lately
had to notice. Manufacturers had no difficulty in
selling their productions, unless it were the very
finest fabrics, for which the demand was rather
slack. Both heavy and medium qualities were in
good request, at fully late prices. Yorkshire goods
also sold well, especially scouring flannels. Wools
are firm in price, though manufacturers purchase
more to meet immediate than future demands.