The Sun.
London, England, 1865-07-27 00:00:00

T.Y.C.

Captain King's Gem of the Sea, 5 yrs, 9st 71b...(Goater) 1
Mr. J. Woolcott's May Queen, 3 yrs, 7st 31b (S. Adams) 2
Mr. Saunders's Belle of the Ball, 5 yrs, 7st 31 ...(Neale) 3
The following also ran :—Ceytheia, Grey Stockings,
Queen Mary, Ulphus, Violent, and Sister to Amber.
Betting-5 to 2 agst Sister to Amber, 4to 1 agst Cry-
theia, 6 to 1 agst Gem of the Sea, 7 to 1 each agst May
Queen and Belle of the Ball, and 10 to 1 agst Ulphus.
After running a few strides, Gem of the Sea took a slight
lead, but was immediately after headed by Belle of the Ball,
Grey Stockings, and the favourite, who came on nearly
abreast to the distance, where Goater again assumed the
lead, followed by May Queen and Mr. Saunders's filly. Tho
three from this point ran a close race home, the former
winning cleverly by a length ; a head divided the second
and third ; Ulphus was fourth, close up.
The Goodwood Derby of 25 sovs each, 15ft, for 3-yr-olds;
colts, Bst 101 b; and fillies, Bst 71b. Maiden horses al-
lowed 31b. Gratwicke Stakes Cpurse, ono mile and four
furlongs. Eight subs.
Mr. Spencer's Longdown, Bst 101 b (Fordham) 1
Mr. J. Bowes's Farewell, Bst 101 b Ashmall) 2

Betting-6 to 4on Longdown, who made all the run-
ning, and won, in consequence of Farewell breaking down
by half a distance.

Manchester Chamber of Commerce.

A quarterly meeting of the Chamber took place
yesterday, but it was very thinly attended.
The PRESIDENT (Mr. M. Ross) said that, judg-
ing from their experience so far, it did not appear
likely that these quarterly meetings were likely to
prove very attractive or interesting either to the
public or the members. The business transacted
by the Board since the last meeting had been
comparatively uninteresting, partly owing to
the intervention of a dissolution of Parliament. A
great number of interesting communications, how-
ever, had been received, which would afford suffi-
cient matter for inquiry. He enumerated among
them a number of foreign commercial treaties as
forming the subject of these communications, and
among the rest he read an interesting statement re-
specting the cotton trade of Russia. He said—ln
1822 a productive tariff of 60 to 100 per cent. on
cotton goods was adopted, and cotton prints were.
prohibited. This tariff led to the establishment of
cotton mills, and in 1853 noblemen were embarking
in them. From this time the import of raw cotton
increased, and that of yarn diminished. In 1824-26,
lin raw cotton there were imported 74,268 poods of
361 b. ; in 1853, 1,814,282 poods. Taking the same
years, the imports of yarn diminished. In 1824-26
the imports of cotton yarn were 337,101 Ponds Liin
1853, 83,548 poods. The duty upon yarn was
per lb., or about 60 per cent. on Nos. 20 to 40 ;
present duty, 3i per cent. The mills are mostly
working day and night, and the average production
is 361 b. per spindle per annum. The individual
consumption of cotton goods of Russia, as compared
with Austria, is as 10 to 18 ; France 10 to 35; Zoll-
verein, 10 to 35 ; and England, 10 to 83. The
difference in price, as compared with other coun-
tries, will be 35 to 40 per cent., and, in some in-
stances, 60 per cent. or more. The number of
spindles in Russia is 1,750,000, representing a capi-
tal of £7,000,000. The dividends for 24 years have
averaged 11 per cent., and the original capital has
increased five and six fold. The cost of mills per
nominal horse-power is £9OO ; per spindle, £4 7s. ;
per loom, in addition, £37 10s. In England, he
says, the nominal horse-power is £5OO. For every
hand there is an outlay of £3OO in machinery spin-
ning 30's to 40's. The wages of 41,000 operatives is
6,150,000 roubles of 3s. each per annum, besides
the salaries of masters and clerks. The cost of coal,
oil, and stores is generally equal to wages. Coal,
255. per ton. Russia employs 14,000 power-looms
and 50,000 hand-looms. Field labour is only pos-
sible during 130 to 150 days in the year. The popu-
lation of Russia in Europe is 65,000,000, and of
these there are 52,000,000 who do not reside in
towns; there are 74,000,000 in all Russia. • The
average wages in mills are 9s. 4d. per hand per
week. The loss on spinning in 1864 was equal to
10d. per lb. Before the American war they re-
ceived from Persia 50,000 poods of cotton ; now,
760,000 poods. The cost of engines and boilers,