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
rot- India and the home trade, but only a small busi-
ness has been effected for these markets. The de-
tnaud for other markets has been quite as flat as
before. Spinners, however, entertain a more hope-
ful feeling, believing that we shall soon have more
doing, and at higher prices. In the cloth market
we have had a firmer feeling, both among manu-
facturers and holders of goods, and in some cases
they have advanced their quotations. In almost all
eases 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.
Ocher cloths had improved in the same proportion.
Ithese accounts, however, have not brought buyers
into :he 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 Indict as have order s 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
advises from India, have done much to steady prices
And 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
in 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
re a iveiy higher rates such goods have commanded.
c,oths and long cloths there is no new feature,
the business in them still being small. The de-
maed 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.

CARDIFF, Feb. 2.—Tae stormy weather which
has prevailed for the last few days has materially
interfered with the coal trade, and rendered employ-
ment more scarce at the collieries. Several new col-
heries ale 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 activity during the past
week, and 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 a
Tuesday. In tone Ind prices they corresponded
with those of Saturday last., and a fst.ir bulk of goods
found purchasers. Light cloths of medium quality
atsndnosomnheagnoge in the
good blacks changed hands to-day. There
generallymanufacturers, and pricessatisfactory
keep steady
reports
teady
Wools, too, maintain late rates. The flax trade 10
active, and
prices are firm.
s
from the ,
NOTTINGHAM, 3d.—There was a pretty good
attendance of merchants and manufacturers 01:
'Change to-day, and a moderate snare of busin_ees,
was done in yarns, but the high prices ask:
checked operations. Some orders were given rd
brown nets, and any concession in prices W° I
have led to extensive sales.