The Sun.
London, England, 1863-02-04 00:00:00

STATE OF TRADE.

MANCHESTER, Feb. 3.—The yarn market has been
rather more cheerful. There has been more inquiry
ant India and the home trade, but only a small busi-
ness has been effected for these markets. The de-
mand for other markets has been quite as fiat as
before. Spinners, however, entertain a more hope-
ful feeling, believing that we shall soon have more
doing, and at higher prices. Iu the cloth market
we have had a firmer feeling, both among manu-
facturers and holders of goods, and in some oases
they have advanced their quotations. In almost all
cases they are disposed to greater firmness, in con-
sequence of the improved accounts from India. A
telegram from Calcutta to Jan. 10 states that at
length a fair business has arisen for the interior for
Manchester goods, accompanied to some extent by
a speculative business. Shirtings were quoted 9d
to 12d per piece higher, and yarns at an advance of
lid to 2d per lb., as compared with the rates ruling
about 12 days previously. Telegrams from Bombay,
dated Jan. 11, state also that a demand had sprung
up for the interior, and that there was buying on
speculation. An advance had taken place on shirt-
ing cloths; varying from 14d to 6d and 9d per piece.
Other cloths had improved in the same proportion.
These accounts, however, have not brought buyers
into the market at Manchester very freely to-day.
There has been a good deal of inquiry with the view
of testing them, and probably comparing them with
the rates now realisable in the Indian markets; but
we have heard of but very few operations. Sellers,
as before stated, are firmer than they were, and such
of our shippers to India as have orders to execute
are obliged to give very full, if not advanced, prices,
as compared with last week. The greater activity in
cotton and firmness at Liverpool, together with the
advices from India, have done much, to steady prices
end remove the irregularity which was the charac-
teristic of this market at the close of last week. Print-
ing cloths are decidedly quieter, arising to some ex-
tent from an apprehension that there is likely to be
an excess of production, owing to the number of
makers of these cloths known to be at work, and the
temptations recently held out to such parties by the
reqteively higher rates such goods have commanded.
In T-cioths and long cloths there is no new feature,
the business in them still being small. The de-
mand for the latter which sprang up a few weeks
ago has now disappeared, the shippers having pro-
bably given out all the orders at their disposal for
the present.

ICARDIFF, Feb. 2.—The stormy weather which
Ihas prevailed for the last few days has materially
interfered with the coal trade, and rendered employ-
ment more scarce at the c3llieries. Several new col-
lieries ate being opened in the Ely Valley, the pro-
duce of which will be shipped at this port. There
is no change to report in prices. The iron trade
has shown signs of less ac ivity during the past
week, end quotations are lower. Several orders are
in hand on American account, and the States are
likely to be yet important customers. The tin
works of the district are better employed, conse"
quent upon an increased inquiry for tinplates.
LEEDS, 3d.—The markets in the cloth-halls this
moaning have been of a fair average character for &
Tuesday. In tone arid prices they corresponded
t
i
he
osaeng°in t Santhe
u dL4iYg at
clothstnd
a of fairm e bulk of
q u goods
t
and some good blacks changed hands to-day. There
uilodt7o
s with
no
od purchasers.
h
generally satisfactory reports
from the manufacturers, and prices keep steady,
Wools, too, maintain late rates. The flax trade is
active, and prices are firm.
NOTTINGHAM, 3d.—There was a pretty good
attendance of merchants and manufacturers 00
'Change to-day, and a moderate share of business
was done in yarns, but the high prices asked
_
checked operations. Some orders were given
brown nets, and any concession in priorywwolduld
have led to extensive