The Sun.
London, England, 1863-06-13 00:00:00

STATE OF TRADE.

MANCHESTER, Jane 12.—1 n yarns there has been
a more cheerful feeling in the market to-day, and
some of the merchants have ventured to make
offers. The principal of these have been for yarns
suited to India, but at ld. per lb. under the prices
which spinners would be disposed to accept.

For the home trade there has been rather more
business, and full prices have been obtained. The
yarn market closes with a more healthy feeling than
it has done for some days past. In cloth there is
little or no change since Tuesday. The reports
generally concur in representing things flat, and tor
the same reason as on Tuesday—discouraging ac
counts from India (buyers for that quarter being
now out of the market), and timidity arising from
vague fears connected with the fall of Vicksburg.
At the same time that these reports are given of the
market as a whole, it is stated that people have been
availing themselves of the general flatness during
the week to put out orders which they have been
keeping back during the late activity, and which
they have found might be placed with some advan-
tage. For instance. we hear of a manufacturer
booking a very large order only yesterday, and at a
price which will be remunerative. The business
doing in this way is said to be for no one particular
market, but is of a general character, arising out of
the lowness to which stocks have been in many in-
stances reduced in some of our large orders. We
hear of very little speculative business. There are
few or no purchases for re-sale, and most of the
transactions of recent date have been entered into

to supply actual wants. In some quarters this busi-
ness is attributed to an opinion, which is again
gaining ground, that whatever advantages may be
gained on either side in the American civil war the
struggle will be a prolonged one, and this is all that
is necessary for the present to give strength to the
market and confidence among buyers and sellers.
We hear of a few more mills resuming business, but
not many. Mr. Maclure in his monthly report to
the Central Relief Committee, dated the Bth
instant, gives the number of operatives working
full time at 205,908, and those wholly out of
employ at 191,199, while rather more than
129,000 are working one, two, three, four, or
five days per week. From this it may be inferred
that, making allowance for the less production ob-
tained with Surat cotton as compared with Ameri-
can, the out-turn of the mills is considerably more
than half what it was in 1860, or before the cotton
famine had begun to affect trade. As the price of
goods, however, is not quite double what it was then
(though cotton is proportionably much higher),
there is reason to believe that the production so far
has not yet overtaken the means of consumption,
and hence there is some hope that the improvement,
as far as it is gone, may be maintained.
CARDIFF, 11th.—A good number of ships have
arrived of late, and a considerable reduction has
been the result in freights. This circumstance has
materially benefited the coal trade, and the collieries
are at present kept going pretty regularly. There
is a fair demand for steam coal, and quotations are
firmer. The ironmasters aro moderately well off
for orders, and there is considerable acetnivtithyavaet
nthoet
works. The inquiries from the contin
ts this
change to report in prices.
yet been so numerous as expTechteed.ehiTrnheerne is no
accumulation
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Foreign Mailracke

MAILS DUE.

JuneuuunEn e 12
eee _ 88 10.11
Auroalia and Mauritius, via Southampton. June 18
via Marseilles Jun
e
China,
har
Cape
nez
al.
01,
fa
Penang,
on
oacdna
gpH:
oaNrn'ede: si
ns,egbe
anyps Britishoiorne:via and
pssaoctu packet.
Helena J t Juunl ye 52 .
thampton
via Marseilles June 12.
Falkland Islands
..
Gibraltar, via Southampton
India (Calcutta), and Ceylon, via Satithapton. j
June

via Marseilles June 12.
India (Bombay), via Southampton June 10
via Marseilles June 10
Portuga 1....
Malta, Egypt, and Men, via South amptor June 10
via Marseilles June 12
Newfoundland ..June 10
Oporto and Vigo ..
U. S. and British N. America, by Brit. packet.... June 10
by U.S. packet....
by Canadian packet. June 12.
W.C. of Africa Madeira, and Teneriffe June 10
Bahamas, via New York July 2.
Mexico
MI parts of West Indies, including Chili, I'eru, I June 13
California, and British Columbia.

We understand that application is about to be
made to Parliament for a grant in aid of the Female School
of Art, Queen-square, now under the patronage of the
Queen and her Royal ilighness the Princess of Wales,