The Sun.
London, England, 1863-06-03 00:00:00

STATE OF TRADE.

MANCHESTER, June 2.—The yarn-market has
been remarkably quiet to-day, but spinners are
remarkably firm, and do not evince any disposition
to give way. There have been some large offers
made for yarns, at about Id. per lb. decline on the
terms of last week, which have all been declined..
This market, as well as the Liverpool cotton-market,
has been unfavourably affected by the news to hard
per City of New York steamer. Some of the p:i
vate telegrams received here respecting the Liver -
pool cotton market led to the inference that they
had possession of American news that had not
reached Manchester. Later on this afternoon it
Liverpooltthe
e i
ternf n
cottonelvs Nnichairckhehtawdacsauthseadt
eosret eidn tthhaet
wasunearsei uneasiness
stating the probability of 100,000 bales of cotton
reaching New Orleans as the result of General.
Banks' recent operations in the Teche country, the
quotations of cotton at New Orleans being reported
at 48 cents., and declining. Whatever may be th©
cause the market here has been very inactive, for
all kinds of yarn. Sellers, however, owing to the
contracts on hand, appear indisposed to press sales,
and, with the exception of one or two descriptions
of yarn for India, which are rather weaker in price,
there is no change. For cloth, also, we have had
a quiet, dull market. Scarcely any business has
been effected. Manufacturers are quoting the same
prices as last week, but to effect sales it would be
necessary to make some concession. This applies to
shirtings and all classes of fabrics suitable to India,
as well as to printer's and other cloths suitable to
the home trade. For some weeks past the market
has not been affected by the unfavourable advices
to India, but this morning the buyers for the lead-
ing shipping houses have shown more shyness, and
the large offers making by some of them last week,
but which fell hrough owing to the demand for
higher rates, have not been renewed. There is some
business reported on American account from the
blockade runners, and it will be observed in the
cotton circular of Messrs. Gibbes and Co., of Charles-
ton, that there is plenty of inducements, from the
fact that prints selling here at a shilling per yard
realise in the Southern States as much as 12s. 6d. per
yard. Messrs. John Slagg and Co. report :—" Since
our last report business has been interrupted by
the holidays, and little or nothing has been done
during the week. The unfavourable accounts to
hand per telegraph from Bombay and Calcutta have
also caused buyers to hold aloof, and on the whole
we have an exceedingly quiet market; but as pro-
ducers generally are free from stocks, and in many
cases deeply engaged, there is no anxiety to sell, and
we make no change in our quotations."
LEEDS, 2d.—There has been a large attendance
of both buyers and sellers at to-day's markets. The
principal business has been done in good meltons,
for which many of the leading merchants were in-
quiring, and nearly all offered for sale were bought
up. No advance was effected in prices, but it is quite
evident that the plain trade is really very much
better than it has been for more than a year. The
demand is not confined to blacks, but indigo-dyed
blues, browns, steel mixtures, and Oxford bird's-
eye mixtures are taken in fair quantities. Three-
quarter shirtings and thin fabrics in bright fancy
colours have not much regard, though some small
capitalists chose occasionally to job in them on specu-
lation. Superfine black unions are in about the same
oondition. The manufacturers are too much engaged
in working to order to bring any of their new
styles to market, but it does not transpire that any
novelties have been forthcoming beyond what have
been noticed in these reports.
NOTTINGHAM, 2d.—At this Exchange-hall to-
day there was a moderate attendance of merchants
and manufacturers ; but the demand was of only a
limited character for lace yarns, and prices were
the same as heretofore. The inquiry for hosiery
yarns was also slow, and very little change from late
rates occurred. All kinds of silks were nominally
unaltered. In the brown net department very
little business was done, and recent rates may be
quoted.

ROCHDALE, lst.—To-day's market cannot be re-
ported in a better condition than it was last week;
Buyers have not attended so numerously as is their
wont, and the few who were present from a distance
made the least possible impression on the stocks in
hand. High prices are still the impediment to more
extensive sales of plain flannel; but finer and fancy
sorts are in better request. The shipping trade is
but slack, although a few orders have recently been
received. The prices of other woollen goods of
Yorkshire make remain high, though sales are not
brisk. The wool market is in a very quiet condi-
tion, and calls for no special remark.

RAILWAY INTELLIGENCE.

CHARING-CROSS RAILWAY.

A special general meeting of the shareholders of
this company was held yesterday at the offices of
the South Eastern Railway Company, in compliance
with the standing orders of the House of Lords, for
the purpose of considering the provisions of the fol-
lowing bill now pending in Parliament :—A bill for
regulating the capital and debenture debt of the
Charing•cross Railway Company, and for authoris-
ing the amalgamation of that company with the
South Eastern Railway Company, and for other
purposes. The Hon. Mr, BYNG occupied the chair.
The CHAIRMAN said the object of the bill was to
enable them to increase the capital of the company
in order to enable them to grant the lease of the
site of the hotel to the Charing-cross Hotel
Company, and to enable the South Eastern Rail-
way Company to lease this undertaking or
to amalgamate it with their own. The pur-
chase of St. Thomas's Hospital had absorbed
a considerable amount of capital, and provision was
not made for it in the original estimates, and it had
become necessary by the present bill to raise the
necessary capital. It had also been found necessary
to take steps for enlarging the accommodation pro-
vided by the railway; and indeed there was every
reason to believe that even with this third line of
rails, which had been laid down, it would be as
much as they could do to carry on the traffic to
their own and to the public satisfaction. The direc-
tors had promoted the erection of the hotel, and had
little reason to doubt that it would prove of con;
siderable advantage to the undertaking. Another of
the the
the objects of the bill was to
capita! authorised
Company. The total amount gth Eastern
Charing-cross Company with tfhceaa amalgamate
toot which they were
to be raised was £700,000,
hotel £65,000.
read the heads of the bill,
hteimsheotuhlde
line
ee
would
have
be some o
opened,m e in-
formation
empowered
The s oitcoa oit then subscribe
.ou towards the. capital of the
and after a slight discussion a resolution was carried
approving of the bin.
were getting
riaeTshi rot ol saiddte lrise
impatient at the
delay in the opening.
asti‘ill
the shareholders

The CHAIRMAN, in reply, observed that their
engineer assured him that the line would be opened
in September next.

LONDON, BRIGHTON, AND SOUTHCOAST.
Yesterday
an adjourned special meeting of this
the
company was held at the London-bridge Station,
for
purpose of considering the following bills
pending in Parliament :—An act to confer further
powers on the London, Brighton, and South Coast
Railway with reference to the widening and improve-
ment of the Pimlico railway and for other purposes.
An act to enable the London, Chatham, and Dover
Railway Company to extend their railway to Green-
wich and Woolwich, to improve the communication
with the Victoria station, and to execute certain
other works in connection with their undertaking,
and to amend the acts of the said company—Mr.
Scott in the chair.
the board deeply regretted
The CHAIRMAN said
the late accident on the lice, and sincerely sympa-
thised with the unfortunate sufferers. They bad or-
dered au inquiry woulde cause ot the accident, and
tys
no7toSbOl Oa nm sea. t srifylethdeetpatillbsliocf
trusted that thatthe
the company
bills had already been explained to the shareholders.
A retolution approving, of the bills was then car-

ried.e meeting was then made special, and the
T h
shareholders confirmed an agreement between the
Brighton and the Horsham, Dorking, and Leather..
head company for the working of the latter line by
the former.
The proceedings then terminated,

IMPERIAL PARLIAMENT

HOUSE OF LORDS—Last Evening.

The Loin CHANCELLOR took his seat on the woolsack
at five o'clock.

Lord LYTTELTON presented some petitions against `,:iie
sale of intoxicating liquors on Sunday.

PRIVATE BUSINESS.

The Tranmere Docks—Cockermouth, Keswick, and
Penrith Railway—Newcastle-upon-Tpie, and Gateshead
Equitable Gas—Southampton and Netley Railway—Lon-
don and South-Western and Andover and Redbridge Rail-
ways, and London and South. Western Railway bills were
read •a second time.

THIRD READINGS.
The Putney and Fulham New Bridge and Pier—West
London Docks and Warehouses—lsle of Purbeck Railway
and Rusthall Manor bills were read a third time and passed.
SAVINGS BANKS MONEYS BILL.

On the motion of Lord STANLEY of ALDERLEY,
this bill was read a third time and passed.
Their lordships then adjourned.

HOUSE OF COMMONS—Last Evening.
The SPEAKER took the chair at the usual hour.
NEW MEMBER—THE CITY OF LONDON.
Mr. GOSCUEN took the oaths and his seat.
TRAWL FISHING.
The Sheriffs of London and Middlesex appeared at the
tar in their robes and presented a petition from the Lord
Mayor, Aldermen, and Common Council, against traw'
fishing.

THIRD RE ADINUS.
The following bills were read a third time :—Fochabers
and Garmouth Railway—Londonderry Railway (Seaham to
Sunderland—and Potteries Junction Railway.
PETITIONS.

An immensely large number of petitions were presented
in favour of the bill for closing public-houses on the Sab-
bath ; Mr. TURNER, from Manchester, one numerously
signed, against ; Major PARKER, from Windsor, and Mr.
F. PEEL, to the same effect.
CLOSING OF PUBLICHOUSES ON SUNDAY.
Mr. SOMES explained certain statistics with respect to
a petition presented the other evening in favour of this
bill from the licensed victuallers of Hull.
KINGSTON AND HOLYHEAD MAILS.
On the motion of Mr. LAIRD a return of the several
occasions upon which the steamboats conveying the mails
between Kingston and Holyhead have been delayed
or in any way affected by the occurrence of fogs,
either at or near Kingstown or at or near Holyhead, since
June 30, 1861, to the present time, and sPecifYing the
amount of delay caused by the fog in each instance.--
Ordered.
PROPOSED RECOGNITION OF
STATES THE CONFEDE-
RATE .
Mr. ROEBUCK intimated that he intended, on the 30th
of June, to bring forward his motion with respect to the
recognition of the Southern States of America.
Mr. CONINGHAM gave notice that he intended to
move a direct negative to the motion.
DISTRIBUTION OF ARMY PRIZES.
Colonel NORTH postponed his motion from the 23d to
the 30th of June.