The Sun.
London, England, 1863-12-02 00:00:00

STATE OF TRADE.

MANCHESTER, Dec. I,—To-day there was a very large
business in yarn, and the market became very excited. The
contracts entered into for all descriptions of export yarn
were very large, at prices fully ld. per lb. above the rates
of last Friday. To-day a very marked change has come
over the market. The alteration for the worse in the money
market, acting upon the cotton market at Liverpool, has
been sufficient to counter-cut the effect of recent telegrams
from Calcutta and Bombay, giving veryencouraging
accounts of the trade in those markets. Buyers to-day
who hold very extensive orders, which they were desirous
of placing, have been induced to withhold them through
the prospect of money becoming dearer. There has been no
business at all for India, and the market generally has been
dull. In cop yarns for the home trade there was a large
business, at an advance of fully id. per lb. on Friday's rates
yesterday, but to-day we have had an extremely quiet
market, with scarcely any inquiry for any description. The
cloth market has been fully as much affected by the change
as that for yarns. Yesterday we had a considerably better
feeling than last week. There was an active inquiry, which
resulted in a good business for shipment to India, and a
much heavier trade could have been effected had the goods
which were principally required been in stock, and available
for export. Prices were again somewhat higher, and in-
deed sellers report that the rates obtained yesterday ware
fully as high as any ever yet charged during the cotton fa-
mine. To-day, however a sudden check has been given to
this improvement, and a feeling of gloom pervades the mar-
ket. Buyers seem to have suspended operations by common
consent. There have been inquiries, but they seem rather
to have been for the purpose of testing the decline caused
by this sudden change in the market than with a view to
business. We close to-day with a very small amount of
business, and with but few offers making. Manufacturers
would doubtless be willing to make considerable conces-
sions to secure business, but buyers hold back. The impres-
sion is apparently strong, both with buyers and sellers,
that prices will be lower. Messrs. John Slagg and Co. re-
port—" The improved feeling which manifested itself yes-
terday has to day quite disappeared, and our market pre-
sents rather a gloomy aspect. The business has been oto
the most limited scale, as buyers appear quite in
operate."
LEEDS, lat.—The markets in the cloth halls habve beresenvmosf
an ordinary character to -day. The attendance ofb
much the same as last week, and the same may
ls of heavy goods,
bb said as to
the amount of business done. Small parcmokun,
of medium
light meltons, and tweeds, with a sr'.
tshoefasraelesseeolfeetehree
edoany:
aild
Bothfitnhee )
home
k and clo ttl ibse, f
oc
roeni sgtni t
turta edde,
a little impulse is
caned, are steady, but quiet, although
given by purchases for Canada. The flax trade keeps brisk,
yarns, threads, and linens are
and the prices of flax, tows, y
all well maintained.
NOTTINGHAM, Ist.—There was a good attendance at this
Exchange-hall to-day. Sellers asked higher prices for lace
yarns,
- which buyers were not willing to give ; nevertheless
a moderate amount of business was done, and the extreme
rates of Friday were fully made. There was an improved
demand for hosiery yarns, and rates had a tendency to ad-
vance. In silks there was very little alteration. The inquiry
for brown nets was slow, at recent quotations.

ANNIVERSARY OF THE POLISH REVOLUTION.—
The 29th of November last, being the 33d anniver-
sary of the Polish War of Independence of 1830-31, and
having fallen this year on a Sunday, a high mass was
celebrated yesterday in the Polish chapel, Hatton-garden,
by the Rev. M. Chwaliszewski, for the repose of those who
perished in that memorable struggle, The service was
attended by the Polish refugees, among wb.out were Rveral
Msb ladies attired in very deep mourning.

Hitherto Mr. Lawrence was chiefly known as an
administrator of Customs. In 1846 he obtained his
first reputation of a high class
as
magi-
strate, and collector over an importnt a juddg% "rictof
a
Southern Bengal, Sir Henry Harding° heard of
him, and took a fancy to him, and henceforth his
career was a grand success. In 1847 he was ay-
pointed commissioner of the Trans-Sutlej provincesafter
which had been added to our Indian empire
the Sikh campaign. He reduced to shape the poli-
tical, agricultural, and fiscal systems of these pro-
vinces with such masterly power as at once to stamp
him as a man of mark in administrative ability.
After the assassination of the British envoy at
Mooltan, and the subsequent hostilities which even-
tuated in the capture of Mohan, the union of Shere
Singh and Chucker Singh, the thorough defeat of
the Sikhs by Lord Gough at Ferozepore and Goo-
jerat, and the annexation of the Punjaub to the In-
dian empire of Great Britain by Lord Dalhonsie,
Mr. Lawrence was chosen, in company with his dis-
tinguished brother, Colonel Sir Henry Montgomery
Lawrence, the Resident at Lahore, and Mr. Marsh,
to form the board for administrating the affairs of
the Panjaub—a territory of 50,400 miles, 314 miles
in length, and 293 in breadth. How Mr. Lawrence,
by his wise rule, by his justice, by his mercy, in-
troduced an admirable system of government into
the Punjaub—how he disbanded the Sikhs, and
persuaded many of them to enlist into the British
service—how he raised an irregular force of ten re-
giments for the protection of the Western frontier
—is known to all the world. The Punjaub was an_
example of the success of British systems of go-
vernment and civil institutions. In 1856 he was
made a civil K.C.B. " for his services in the Pun-
jaub, and as agent to the Governor-General for the
North-Western provinces of Hindostan." During
the Indian mutiny we saw the result of his great
administrative genius—his firmness tempered by
clemency. The Punjaub remained signally faithful
to us. In 1857 Sir John was created a G.C.8.; the
following year he was created a baronet, and was
sworn of the Privy Council. On his return to Eng- '
land, so great was his popularity, that be received
the freedom of the cities of London and Glasgow,
and was honoured by a vote of thanks from Parlia-
ment. He was created a Knight of the Star of
India in 1861 with Lord Clyde and Lord Harris.
Sir John Lawrence married, in 1841, Harriette
Katherine, daughter of the Rev. Richard Hamilton,
and by her has had issue three sons—John Hamil-
ton (born in 1846), Henry Arnold (born in 1848),
and Charles Napier (born in 1854)—and five dangh-
tera.