The Sun.
London, England, 1863-03-04 00:00:00

PRICE..... —..4d.
STAMPED ....tid.

STATE OF TRADE.

MANCHESTER, March 3.—There has been very
little business in yarns, except for 40's twist, which
is in good demand for Calcutta. All other descrip-
tions of yarn are difficult of sale, and drooping in
price. The main cause of this is the exceedingly
depressed state of the Liverpool cotton market,
in which the stock in band, added to what
is on the way, is upwards of 700,000 bales, or equal
to 44 weeks' supply, at the present rate of consump-
tion in our mills. The prices of cotton at Liver-
pool are consequently very irregular, Egyptian and
Brazilian being ld. per lb. less since Friday, and
other descriptions id. per lb., with the prospect of
rates going still lower. But for this state of things
it is thought we should have more business in yarns,
as there are known to be a good many orders held,
but which holders are keeping back till the market
gives greater evidence of steadiness. The telegrams
from India are also better, and give hopes of more
business. The cloth market is quite as dull and
inanimate as that for yarns. Prices are nominally
tile same as last week, but practically they are in
favour of the buyer, this branch of the trade being
acted upon like the other by the drooping state of
the cotton market, which it is expected will go still
lower. There is very little doing in any kind of
cloth. Printing cloths are considerably lower to-
day, to effect sales, and for shirtings also sellers
would have to make a concession ; but in reality it
is difficult to get offers. The accounts from Cal-
cutta are to the 12th, and from Bombay to the 13th
of February, and a telegram is spoken of as late as
the 16th. These advices speak of a more active
market for Manchester goods, and especially for
cotton yarn. Such accounts under other circum-
stances might have led to business, but in the ab-
sence of the American mail buyers keep out of the
market, and prices, except for the lighter fabrics
for India, are drooping. One reason assigned for
more operatives having gone to work within the
last two months is, that the small manufacturers,
who have to buy their yarn, have been anxious to
get their cloth into the market to get advances upon
it. The fact, however, that agents have lowered
advances from the usual rate of 75 to 50 per cent.
points to a probability that this motive for increased
activity will soon be at an end, and men whose ex-
perience entitles their opinions to respect say that
in a short time we shall have mills idle to a greater
extent even than at the worst period of last year.
LEEDS, 3d.—The day has been remarkably
bright and warm, more like May than March, and
the markets in the cloth halls have in some measure
partaken of the cheerfulness of the weather. The
demand was chiefly confined to light fabrics, in-
cluding thin tweeds for ladies' wear. There was
quite as much business done as on this day week,
yet ti good deal of caution was shown by purchasers,
who appear to buy little on speculation. Wools and
cloths alike steady in price.
NOTTINGHAM, 2d.—The dull feeling which has
existed in the yarn trade for some weeks past still
continues. There was a moderate attendance on
'Changia to-day, and buyers were exceedingly cau-
tions in their operations, tie higher number of lace
yarns being easier to purchase. For hosiery yarns
the demand was also very flat, although holders
would have taken 6d. to ls. per bundle less money.
Little or no alteration occurred in the value of silk.
Brown nets were again a very dull sale, and prices
favoured buyers.
ROCHDALE, 3d.—The flannel market has been of
a rather quiet character to-day, and purchases have
been made in small quantities. The same may also
be said as to Yorkshire goods. The approach of
warm weather is having the usual effect of check-
ing sales, and the stiffness of prices causes merchants
to use great caution. Manufacturers keep well
employed. The wool trade is not brisk, yet prices
upon the whole are as high as they were last week.

Naval and Military Intelligence.

THE NAVY.

Her Majesty's gunboats Bullfrog, Carnation,
Sepoy, and Spanker, belonging the first division of
the Sheerness Steam Reserve, will proceed to
Gravesend on Thursday, by order of the Admiralty,
in charge of Lieut. E. Barkley, of the Cumber-
land, for the purpose of taking on board the Royal
Naval Volunteers of the London division who will
assist in firing a Royal salute on the arrival of the
Princess Alexandra. After the landing the gun-
boats will proceed to London with the Volunteers,
where they will disembark, and the gunboats will
return to Sheerness.

The gunboat Mastiff has been appointed to con-
vey the 13th Kent Volunteer Artillery from Sheer-
ness to Gravesend on the 7th inst., where they are
expected to line the streets on the landing of her
Royal Highness the Princess Alexandra. The 4th
Kent Volunteer Artillery and 22d Kent Volunteer
Rifles will leave Sheerness by train for the same
purpose.

The screw steam sloop Desperate, 7, Commander
Arthur T. Thrupp, from Halifax, arrived at Ber-
muda on January the 27th. The screw steam frigate
Orlando,46, Capt. George G.Randolph, from Nassau,
arrived there on the 31st. The screw steam gun-
vessel Nimble, 5, Lieut. John D'Arcy, went on Feb.
2 into Hamilton harbour, where it was expected
she would remain some time.

The French steam frigate Vauban, Captain Saly,
which sailed from Vera Cruz in December with mili-
tary invalids for France, and experienced a storm
off Cape Hatteras, which compelled her to
put into
Bermuda for extensive repair, left that island in
good sailing condition on the 31st of January for
Toulon. Nine of the invalids continue in the British
hospital at Ireland Island, under the care of Deputy-
Inspector Smart and Dr. Wm. J. Domvilie, of the
flagship Nile.
It was rumoured yesterday at Woolwich in re-
liable quarters that the superintendence of the
Royal gun factories, rendered vacant by the resig-
nation of Sir Wm. Armstrong, has been conferred
on Mr. Anderson, the assistant superintendent,who
is promoted to the chief grade, but without any in
creased emolument. His pay is to remain at £l,OOO
as heretofore.

Her Majesty's steam sloop Spiteful, 6, Comman-
der W. C. F. Wilson, from North America and the
West Indies, yesterday arrived at Woolwich, and
discharged her powder at the Royal Arsenal, after
which she proceeded to the dockyard, and will be
taken into basin to pay off.
The gunboat China, belonging to Capt. Sherardd
Osborn's squadron, yesterday arrived at the red
buoy, off Woolwich Arsenal, andcommenced
shipping her powder. Her armament
names of consists of
two pivot and four broadside guns. The
her officers are,—Commander Noel
gallantry
Osborne, Lieut.
George Moric?, promoted f
from the rank of second maosteg y in action
r in her Majesty's
service; Lieut. Augustus Clark, Surgeon Henry
Fegan, Sub-Lieut. E. Pratt, chief engineer Thomas
engineer William Billington,
tikhfiarrds d en
engineersecond
J.
C. Clark, Gunner W. Pearse,
carpenter Neill Barr, and Midshipman 'William
Cartwright. The China will probably go down to
Greenhithe during the day to adjust compasses.
The following vessels have been chartered by the
Government for the conveyance of troops and stores
to India and the colonies :—The Barham, 1,200 tons,
for Madras; the Ganjan, 886 tons, for Bengal; the
DE fiance, 930 tons, for Bombay; the Thames, 444
tons, for Ceylon ; the Lord Nelson, 247 tons, for
Mauritius; the Elizabeth Ann Bright, 798 tons,
for Melbourne; the Alcoyne, 370 tons, for the Cape
of Good Hope; and the Eaglet, 390 tons, for Simon's
Bay.

Instructions were yesterday received at Chatham
for the paddlewheel steamer Adder, Mr. Blakey
master-commander, to be in readiness this morning
for the purpose of towing the Cumberland, 70,
Capt, T. P. Thompson, flagship of the steam re-
serve, to the Nore, to join the squadron under the