The Sun.
London, England, 1862-08-06 00:00:00

STATE OF TRADE•

MANCTIESTER, Aug, s.—There has been a large
business done to-day in yarns by most classes of
buyers, and prices have advanced 1-d. per lb. upon
the rates of last Friday. In some cases ld. per lb,
advance has been paid on the prices obtained last
Tuesday. In water twists, 16's, 24's, and 30's, and
in 40's mule yarn, there has been a great demand at
ld. per lb. advance on last week's rates, and many
of these kinds of yarns are being swept com-
pletely out of the market, and the stocks of other
descriptions are becoming exceedingly small. In
two-fold yarns, 40's, 60's, 80's, 100's, and 120's
for Germany, there has been a considerable
demand, and the stocks of all these counts of
yarn are now very light. The cause of this
extra demand lies principally in the good
accounts the Germans here have received from
their correspondents on the continent, which state
that markets there are exceedingly bare of both

yarn and cotton, while the increased prospect there
is of a lengthened struggle in America gives morc
confidence in the maintenance of high prices. The
continental markets are buying for winter con-
sumption, and shippers appear willing to buy any-
thing they can lay their hands upon which is
suitable for that trade. In cloth the business has
been only moderate, manufacturers are holding very
firmly for full or higher rates, for shirtings, printers,
and almost every description of fabric. Printing
cloths are very scarce, and proportionately higher
rates obtain for these than most other descriptions
cloth. Confidence among the holders of cloth is
increasing, from a belief that not only must cotton
give way in price, but that, owing to the number of
mills stopping, production is so rapidly decreasing
as at length to afford them a prospect of remunera-
tive rates. Many manufacturers say that, had they
Closed their mills three months ago, and given their
operatives three days' wages per week for doing
nothing, they would have saved money ; but a
belief is now obtaining that stocks will soon be

cleared off to such an extent as to make manufac-
turing more nearly profitable, if not entirely so
than it has beeen for a long time past. The next
advises from India are looked forward to with much
confidence that they will prove more encouraging
to shippers than any for some time past, and may
lead to considerable transactions. The shipments
to India during some months back have been larger
than might have been expected from the produc•
tion now going on, but it is generally understood
that it arises from shippers being encouraged to
send out old stocks of goods, while the great ad-
vance they would have been compelled to give in
the present position of the market here has deterred
them from giving out orders. The rise which is
taking place at Bombay and Calcutta in prices is
giving rise to expectations of a better description
of business shortly. Messrs. Du Fay and Co. say
that during the last six months many countries
have only received one-half of what they took last
year. The disturbed state of Mexico has reduced
the export, to that country to one-fourth as com-
pared with 1861. To Buenos Ayres and Chili only
about one-third of the amount previously sent was
exported during the six months of the present year;
to China and Rougkong
less than one half. Except
France, there is
aeaeelY a country or market to
which a decrease has sot taken place. It is there-
fore hoped that prices abroad will
this graduall rise to
mar
thosewhich at the present
mo
LEEDS, sth.—ln the cloth halls t
nf activity 0-day there has
been a fair am ou n t - 4 • Business .
is now
almost altogether confined to the heavier a•oods
such as meltons, witneys, &c., of whieht
'-daY sam-
plea of several new varieties have been shown
of the demand and
orders freely given. The state B on the
clothiers' resources is now such that an advance in
price is beginning to be talked of. It is almost a
'
matter of certainty that such an advance will soon
'
take place, and especially as the feeling is cone,
dently entertained that the American conflict can
not be much further prolonged. In the warehouses
business continues brisk, as in addition to the
orders for Canada, several representatives of large
houses in London, Plymouth, Exeter, Glasgow,
&c., have been here, and they have ordered goods
for the autumn trade somewhat liberally. The sea-
son for light cloakings is now ended, and little is
doing in plain cloths.
ROCHDALE, 4TH.—The appearance of the market
to -day was not very animated, although business
was considered to be in a satisfactory state. The
principal demand is for mediums and Welches, but
for all other descriptions there is a fair inquiry.
Business in the warehouses is active, and it has just
received an impetus in the
.way of orders from
Canada. There is a strong disposition to increase
prices, and where
point they ar© able to accomplish it. Sales of wool
are only to a
°aerate extent. The high prices de-
manded by producers scarcely leaves the staplers a
chance of profit, and therefore they have at present
no inducement ta
business.
AICIMMIIftem • N..—

Tin NEW ARCHDEACONO;
clerk, M.A., Vicar of tr . • e Rev.
WILTs —Th
Henry Drury,
of Wilts, and Chaplain of the liousentTlial, in the county
Cathedral as Arch-
duly collated and installed in Salisbury a':nloos, has been
deacon of the Archdeaconry of Wilts, in
late Venerable Archdeacon Macdonald, on tt ruoora.uf the
of the Right Rev. the Lord Bishop of Sarum, 'lunation