The Sun.
London, England, 1863-10-17 00:00:00

STATE OF TRADE.

MANCHESTER, Oct. 16.—The unexpected pause in the
Liverpool market yesterday, when only 5,000 bales were
sold, and prices receded, according to some reports, as much
as Id to ld per lb. produced a corresponding reaction here,
and buyers of both yarns and cloths, who had hesitated to
give the extraordinary advance in price which was esta-
blished on Tuesday, almost withdrew from the market.
This morning the yarn market has almost recovered, how-
ever, the firmness it lost yesterday. The amount of business
has been small, but spinners are asking 2d per lb. more
than the current rates of last Friday, and although buyers
hang back a good deal, they manifest no disposition to make
any concession. The market closes very firm, and, in some
description of yarn, with an upward tendency. The cloth
market has also somewhat recovered from the reactionary
feeling of yesterday, owing to prices having again advanced
at Liverpool, but still the sudden check has had an effect on
buyers, and they appear to be unwilling to operate. The
check was so sudden and unexpected that it seems to have
shaken their confidence considerably in recent advances.
Manufacturers, however, are very firm, and many of them
aro in a position, owing to freedom from stock and heavy
Pre'engagements, to be indiffereni about pressing for fresh
orders. In fact, at the heavy cost of cotton yarn, they are
compelled to insist upon the advanced rates of Tuesday,
Which they are now asking. The letters to hand from India
give a somewhat flat account of the market there, but tele-
grams are to hand with later advices (dated Bombay, Sept.
29, and Calcutta, Sept. 28), which are of a much
nacre en-
couraging character, and speak of a better demand, espe-
ll for wide shirtings, at higher prices. So far they do
ue icsrtensy
e rostEt
onato have produced much effect here, owing to the
n cloths
day aces mentioned above, and the business done to-
generally is reported small. Several failures have beer,
one of ther spoken of during the week among manufacturers,
apcction since the a firm that has been working under in-
16ccrisis of 1857.
steam coal, and aducThe demand continues good for
little demur on the4aced quotations are obtained with but
pat tof buyers. Best steam is now
quoted 9e Gd to 108 ad free on board. A general advance
to the sea colliers hae
en promised
of next month.
There
ia moderate inatquirthe y for houm coalscommencement
, but the advance in coastinThe ironworks g
e freights restricts sales consi-
derably. ar
, employed, and since the
Birmingham meeting increased
fested by makers. The averaeonfldence has been manse
from £6 15s to £3 178 61, free gen°
board otatious for bars are
second advance in iron, the puddiera. Owing to the
ballers at several
works have expressed their dissatisfaction at only alO per
cent, rise, and they claim 5 per cent. more
con-
tinuo firm their demands are likely to ' If prices
be acceded
The emigration from the mining districts basnaotcce ab to.
d
NOTTINGHAM, 16t11.—There Was only a moderate aattteen'cl-
ance on 'Change to-day, and advanced rates being asked
buyers operated very slowly. For low numbers 2d,
lb. more money was demanded than on Tuesday. hiesieprer
Yarns also met a slow sale in consequence of the recent rise?.
an advance of 2s. 61. per bundle of 101 b. has taken place
during the past week. The demand for brown net is still
Very fiat at unremunerative prices.

BRITISH POSSESSIONS.
Closing
Share Railways Paid. Price, Rnainessa done
100 Atlantic &St Lawrence all 63 G 5 621 431
flom.,BarodaLt.Cent Ind
itk 100 1061 107/ 1071 61
Gu. 5 per cent— .....
20 Do. New . 8 1 1;p
20 Do. E. 5hare5......... 71 1 11 p
:01 Buffalo and LaKe Huron all 61 61 61
10 Do. Preferanoe ...... all 81 91
1001 Buffalo,BrantAGodrieb ,o 0
p. et. bds. Aug. 1, 1872
100 Do. do. July 1, 1875 100
100 Do. do. June 1, 18;.i 100
st f.3lcutta.&S.Eastn. (Lin , 100 106 107
at Cape Town fi Dock Seri! 100 1t 4 106 1051 1
stock Eastn. Bengal gu. sp. i 100 108 109
stock East Indian. gu. sp. c. 100 107$ 181 108
20 Do. do. G Ext 10 11 11p
20 Do. do. H do. lO 11 1/p
stock Grand Trunk of Canada lee 221 23 231
100 Do. Ist Pref. Bonds all 75 27 76 1
100 Do. co. deferred all 62 60
100 Do. 2d Pref. Bonds all 7J 72 711
100 Do. do. deferred all 54 57
100 Do. 3d P, ef. stock all 5l 54
100 Do. do. deferred , all 41 43
100 Do. 4th Pref. stock all 30 32 311
100 Do. do. deferred all 25 27
stook GtlndiaPenin.gua.sp.c 100 108 109
20 Do. New gua. sp. 0 12 11 1/1.
20 Do. January, 1862 8 I/ lit
stook Gt. South.of India(Lim;
guaranteed 5 per cent 100 106 107
201 Gt. W. of Canada Sharer all 101 101
201 Do. New
100 Do. 6 p.c. '73 with't opt all 96 98
100 Do. 51 p. c. do. '77-8 all 88 90
10 Indian Branch Limited 2 +1 1 p
stock Madras guar., sp. o.
stock Do. 41 p. o. Extension 100 101 102
stock De. 44 do
20 Do. Fifth Extension 2 --
mock Alelb.Corp. p. c. finds 100
50 3lelb. & Hobson's itay. all 68 L 9
100 Do. 7p. o. Hong. Bdps. all
20 New Br uu.svnek rc Candu
Class A and B all 3 5
N.lll.C'das pc Ist pt nde 100 82 84
stock Scinde ... • • • • (100 1061 1071
st Do. Delhi
Do. do lOO 106 )07
. 2 1 fp
20 Do. Punjaub e, all ——p
st Do. Do. ........ , , 100 106 107
ock Do. Indus. St. Flo.) X 100 102 104

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