The Sun.
London, England, 1863-09-30 00:00:00

STATE OF TRADE.

MANCHESTER, Sept. 29.—A considerable amount
of business has been done in yarns, chiefly in 40's
mule suitable for India. There has also been some
little business done in 20's and 30's water-twist
at extreme prices, and the market closes with an
upward tendency for all kinds of yarn, stocks
being pretty much exhausted, and most descriptions
being very scarce. The home trade have bought
some little yarn, but the market has not been active
in this department. Sellers require the full prices
of last week for these as well as for other descrip-
tions of yarn. In cloths the business done to-day
has been only moderate, owing to the high prices
manufacturers continue to ask. There has been some
demand for long-cloths and T- cloths, and large orders
could have been placed if manufacturers had been
disposed to accept rather easier terms, but for the
present there seems to be little prospect of that,
owing to the high rates still ruling for cotton and
yarn. The accounts from India are flat, but there
are buyers in the market for that quarter who are
disposed to operate if prices were more favourable.
We have heard of some orders given out for cloths
for the home trade where manufacturers, by using
a mixture of flax or other material with cotton,
have been able to meet the views of merchants as to
price. Both the cloth and yarn markets close very
firm. Messrs. John Slagg and Co. report of the
cloth market —" There has been a fair inquiry
to-day, especially for some kinds of longcioths ;
but the high rates still so firmly demanded by
manufacturers prevent buyers operating to any
extent. We repeat our quotations of last week,
but the business done has been of very small
amount."

LEEDS, Sept. 29.—T0-day's has been an unusually
quiet market. Very little business was done i❑
anything except witneys, pilots, and beavers, of
which a few small parcels were sold. Merchants
a-ae contracting their operations as winter draws
near, and manufacturers refuse to work on specu-
lation, owing to the dearness both of wool and
cotton. Makers of union cloths of various dyes
have little difficulty in clearing off stocks, especially
of lower qualities. Some orders for spring goods
have been given recently, but it has not transpired
that anything more has been done in that line to-
day. The white cloths and hair-lists offered to-day
were not all disposed of, but in one or two instances
good parcels were purchased.
ROCIIDALE, Sept. 28.—T0-day's market has
scarcely been an average one, many of those who
are accustomed to buy largely being absent, pro-
bably because it was a foregone conclusion that the
stock of goods on offer would be small, owing to
the late wetness of the weather which has impeded
operations in the tenter fields. In the warehouses,
however, we find the flannel trade keeping up to
the good standard of the last few months, and it
is not surprising after such a sustained de-
mand that stocks begin to present a slender aspect.
If the weather hold up, and stirring operations
commence for the winter simultaneously, it will not
bo long before they will be sufficiently recruited.
Yorkshire goods, having attained to a maximum
price almost beyond precedent, are becoming less
saleable. There is a fair demand for Law goods and
scourers, but they are scarcely to be met with. The
price of wool is rising still higher, much to the dia-
satisfaction of tho manufacturers, who find a diffi-
culty in doing a profitable business with the raw
material at such high rates.

NEW FRENCH ACADEMICIAN.—Paris is looking
forward now eagerly to the discourse of M. Dufaure on
being admitted to the Academy. He ha; becn elmi'sed
with the cul9gy cf Duke Pasquier.