The Sun.
London, England, 1863-10-28 00:00:00

STATE OF TRADE,

MANCHESTER, Oct. 27.—1 n export yarns a con-
siderable amount of business has been done at ex-
treme prices. In the early part of the morning the
market was rather quiet, hut later in the day a
good telegram from India was announced, quoting
the market at Calcutta much excited, with a con-
siderable advance in yarns and cloths, which had
the effect of imparting greater strength and acti-
vity to this market. Prices advanced id per lb.,
and in some cases sellers report ld advance as com-
pared with last Friday. The market for these de-
scriptions of (shipping) yarns closes with a strong
A moderate business is also
and buoyant feeling.
reported to have been effected in cop yarns at an
advance on last week. Manufacturers hesitated in
the morning to give the advance, but on the whole
a fair amount of business is understood to have been
done, and the market for these goods is better than
last week. Among the telegrams from India is
one from Calcutta, dated the 13th of October,
quoting 61b shiitings, 8d per piece higher; 71b do.,
8d per piece higher ; 81b shirtings, 18d higher ; and
cotton also considerably advanced. In the cloth-
market there has also been some improvement.
The excitement in the Liverpool cotton-market last
week checked, and, in fact, almost stopped business
in calicoes, but the renewed activity at Liverpool of
the last two days have been to some extent responded
to here, and we have had considerable inquiry for
most descriptions of cloth suitable to India, and
many offers have been made. The dearer cotton-
market obliging manufacturers to further advance
their quotations, these offers have in some cases been
declined, and the business effected for actual ship-
ment is understood to have been small. Some sales,
however, have been effected to shippers, where
sellers were willing to meet buyers at something
under extreme rates. A fair business has been
done in some cases at the full advance, but it is
generally believed to have been of a speculative
character.

LEEDS, 27th.—There has been quiet but steady
markets in the cloth-balls to-day. A moderate
amount of business was done in meltons, tweeds,
and ordinary black cloths; but as the early part of
the day was very foggy, the attendance of buyers
was rather small. At the close of the markets a
fair amount of heavy goods, such as pilots, witneys,
left the halls, affording satisfactory proof that win-
ter fabrics are still in request by some of the retail
dealers. Prices of woollen goods of all descriptions
are very firm. The flax trade is busy, and both the
raw material and yarns and threads are rising in
price. Seldom have the flax-mill bands here been
better employed than they are at present.
NOTTINGHAM, 27th.—There was a limited atten-
dance at this Exchange-hall to-day, and the demand
for lace yarns was quiet, on account of the high
prices asked ; the amount of business transacted
was small, and extreme rates were maintained. For
hosiery yarns the demand was also slow, at fully
late rates. There is hardly so much doing in silks,
prices remaining stationary. Nothing of import-
ance was done in brown nets.
ROCHDALE, 26th.—With the approach of cold
weather there is an increase in the demand for
flannel, and manufacturers have no difficulty in
getting quit of their products, though prices keep
creeping up. Rarely have the manufacturers been
clearer of stock than they are at present, especially
of middle and low priced goods, which were well
sought up to-day, there being a good attendance of
buyers. Yorkshire goods also sold well, as they have
done for some time past, and the makers hold prices
very firmly. The wool trade is moderately active,
but the high prices demanded by the dealers check
operations, and purchasers are made mostly for im-
mediate requirements.