The Sun.
London, England, 1865-05-10 00:00:00

STATE OF TRADE.

MANCHESTER, May 9.—The excitement in the
Liverpool cotton market to-day, said to be chiefly
consequent on the American advices, which include
mention of an extensive destruction of cotton at
Montgomery, has led to some reaction in this mar-
ket, and sellers,lbotkof yarns and cloths, have gone
back to fullylastTuesday's rates—an advance which
buyers of yarn have shown more disposition to
follow than buyers of cloth. In shipping yarns of
all kinds we have had an excitement somewhat re-
, semblihg that to-day in cotton at Liverpool, where
20,000 bales are reported to have changed hands.
The sales of these yarns have been considerable, and
have been made at an advance of id. to Id. per lb.
on Friday's rates. The market for these goods is
buoyant to the close, with a decided upward ten-
dency. Almost every description of yarns adapted
for shipping meets with ready sale at extreme prices.
The market for home-trade yarns has hardly been
so buoyant, but it is strong, and sellers are asking
id. per lb. advance on last Friday. In fact, there is
very little difference between the rates asking to-
day and those of last Tuesday, the decline towards
the end of last week being fully recovered. At this
improvement a fair business has been done to-day,
manufacturers having bought with moderate free-
dom. The •cloth market, though extremely inactive
towards the close of last week, did not give way so
much in price as yarns, owing to the absence of
stocks in the hands of manufacturers, but they were
weakened a little, and the excitement and heavy
business in cotton at Liverpool to-day has caused
manufacturers to hold with more firmness, but has
failed to stimulate the buyers of cloth into increased
activity. There has been a little more doing in cloth
to-day than during the last few days (for during that
period business was almost suspended) ; but it is, per-
haps, more owing to rather favourable advices from
India than anything else. What little business has
been done in cloths to-day has been a slight advance
on the prices of last Tuesday, but manufacturers
complain that the market does not respond freely to
the impulse at Liverpool, for there has been by no
means a considerable business, nor even a general
demand. Where sellers have made any favourable
way it has been chiefly at the prices of last Tues-
day. Messrs. John Slagg and Co. report as follows
of this day's cloth market :—" Since last Tuesday
there has been but little action in our market, and
operations have been on a very limited scale. To-
day there is a general advance in quotations, and
some business has been done at a slight advance on
last Tuesday's rates ; the demand, however, is by no
means general."
CARDIFF, 9th.--Since our last report the trade
has considerably improved as regards the number of
vessels which have arrived. The orders for coal,
however, show little improvement, and the conse-
quence has been that some of the collieries are on
short time. Coastwise the coal trade is also slack,
but not so much as the export trade. The iron trade
continues good, and rails readily fetch £7 to £7 55.,
and bars £6 15s. The ironmasters are, however, be-
ginning to feel the late extensive emigration of their
men, and skilled workmen are becoming very scarce.
The demand for patent fuel and tin is also good.
LEEDS, 10th.—The markets in the cloth halls this
morning were quiet, and the weather being wet busi-
ness was below that of last Tuesday. The purchases
of autumn goods are made cautiously, but some fair
orders are in the hands of manufacturers for expor-
tation. There is no positive improvement in the de-
mand for either Canada or the United States, but
there is a general impression that a better Transat-
lantic trade will ensue before long. The trade to the
Australian colonies and the East is tolerably good,
and manufacturers of cloths suitable for the latter
are well employed. Prices both of wools and cloths
keep firm. There is some improvement noticeable
in the flax trade, and prices are better for the raw
material, as well as for yarns and threads.
NOTTINGHAM, 10th.—There was a tolerable at-
tendance of merchants and manufacturers at this
Exchange-hall to-day. The demand for lac• yarns
was firm, and the extreme rates of last week were
maintained ; an advance on coarse and middle
numbers was asked, but only partially obtained.
The demand for hosiery yarns was steady, and
prices were quite as high as last week. Spun silks
were dearer. Brown nets a rather better sale, and
recent ratesiwere well supported.
ROCHDALE, Bth.—During the past week business
has been little, if any, better than it was during the
week preceding, for though merchants have been
making inquiries from manufacturers, the result has
been nothing more 'than a few trifling purchases.
The next great wool sales being immediately at hand,
it was but probable that goods might have been met
with at a reduction, but such has not turned out to
be the case. The market to-day has been thinly
attended, and very little business doing, which may
be partially accounted for by the fact that some
parties are preparing for their midsummer stock-
taking. The trade in Yorkshire goods is still most
meagre, but manufacturers refuse to abate their
prices. The sales of wool are entirely of a retail
character, and though the new clip will shortly be
introduced, prices are as firm as they have ever been. ,

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011111 • -vet - Cirtlhr
-

HER MAJESTY.

OSBORNE, May 9.
Her Majesty and her Royal Highness Princess
Louise walked and drove out yeste,day, attended
by Lady Waterpark.
•

The Princess of WaleS accompanied by the
Crown Prince of Denmark and Prince Albert VIC',
tor, drove to Kew yesterday and visited her ReYal
highness the Duchess of Cambridge, and remained
to lunch.

RETURN OF HER MAJESTY TO WINDSOR.---Iler
Majesty, accompanied by the younger members of the
royal family, and attended by the suite, is expected to
arrive at Windsor Castle from Osborne on Friday or
Saturday next. The usual preparations for the Queen :is,
reception are being made at the Palace. Her Majesty
most probably remain for about a week at the Castle, and
the royal departure for Balmoral at present is expected to
take place on Friday week, the 19th inst.
Their Royal Highnesses the Prince of Wales and
the Duke of Cambridge, and their respective suites, Fill
return from Dublin at an early hour on Saturday morning.

Newsvenders' Benevolent and Provident

Institution,

The anniversary dinner in aid of the funds of tine.
institution took place last evening at the Free-
masons' Tavern, Great Queen-street, Lincobl's-ilfi
fields—Mr. Charles Dickens presiding, supPor7
by Mr. Edmund Yates, Mr. W. H. Wills, Mr. J.'
Jerwood, Mr. James Grant, Dr. F. C. Jones, I\ll%
John Bennett, Mr. W. H. Smith, Mr. P. Terry (111:
treasurer to the institution), &c. There were in
about 200 guests, and amongst them were a large
proportion of ladies, whose presence, it need harTo
be said, added greatly to the cheerfulness of 11'
scene, and showed that the practice of introdul
the gentler sex on these occasions may be consider.eb
a successful innovation—a fact in reference to wilti
I an approving remark was humorously made by b'o
chairman in proposing the health of her MaiestYne.
In proposing the toast of the evening, " dent
rity to the Newsvenders' Benevolent and Provlueor
Institution," the CHAIRMAN addressed the company
in one of those peculiar speeches, combining Lea
quence with humour, for which he has alwaYs be
•a
distinguished. He observed that Dr. J°ll°l,-
experience of that club, the members of whiel':e..
travelled over one another's minds in every
ce
tion, was not to be compared with the exPerle"im
of the perpetual president of a society like
present, who, having on previous occasions s3l
os,
everything about the subject that he could Pith
sibly find to say, was again produced? Lc,
the same awful formality, to say every -51;
about it that he could not possibly find to sat. tae
case was somewhat like that of the ill-starred so,
at the Epping Hunt on Easter Monday. That eg-•
fortunate animal (he meant the stag, not the Prof
dent) when he was uncarted generally made %lid
at a cool trot towards the yard where he Rya', o
there subsided into a quiet inoffensive el-istc Toer
until he was again brought out to be followed cco
the same field under exactly the same circurnstacoo
next Easter Monday. (Hear, and laughter.)l, of
difficulties of the situation (and here he sPe%esecl
the president, not the stag) were greatly iDere-tar
by the peculiar nature of the institution, by its ess,
pretending solidity, its reality, and its usef'inoo-•
by its perfect freedom from all material of 001
torical nature. The hon. chairman then Preeefroal
to show that the difficulty of the position arose oal f
the fact that the difficulty of the position arose le,
he was called upon to overcome. If, for Oaujelety
success had never attended the efforts of the se oaS
—if the managers could say that the institution is
insolvent—in a hopeless condition—that its ace°
had been kept by Mr. Edmunds or by " nkea
(cheers and laughter)—if the treasurer hadi,
it into his head to run away with the money' en-
if any such event had occurred, he might /9e
abled to make a pathetic appeal to their sY-;
thies. But he had no such chance. Just so
nation was happy whose records were barreljf'rta-
benevolent society that had no history was bter.)
nate, and its president unfortunate. (Laugh this
He could only assure the company that that
society continued its plain unobtrusive care"--
sad
it did a great deal of good at a very small cost' re eor
that the objects of its care and the bulk of itsof the
bers were faithful, hard-working servant •
'in
their
u public, who ministered to their wants at t their
hours, in all seasons and in all weathers-4 doi
own homes--at the street corners-;-at even ra of
train--at every steam-boat—through the agency
and
immense establishments and the tiniest shops' electwho,
who, whether as regardedthe master or as regard
•
the man, received very small profits/ Were beig
modest while their risks were numerous, and t,,r.
11)
trouble and responsibility were very great • (11"-- a a
The newsvender and the newsman, beY°ll na-
' question, were very subordinate parts of that W-
derful engine the newspaper press. Still he thteo/17ile
they all knew pretty well that they were to A
fountain-head what good service pipes were-
good
eeryywdaeyreliallfe tohfatthtehmeytluecTert
to e
dwtaot esrays uipnp ltyh.e r Tehv
knew the worth of a thing till they lost it•ticsy
them try the worth of this calling by the
tht"ta. strike
years ago it was discovered one morning tl' Low
had taken place among the cab-drivers e'•
to occurdon. Imagine such a state of things
itiug
amongst the newsvenders. People anxious-•I NY ircoor
in all directions, and under every variety °I c
as 'ls
stances, for news which did not reach then'
coup'
stePr
—imagine the circulation of the blood of the c-,,,ed•
try standing still—the clock of the world s happy
Why, even Mr. Reuter, whom he was alwaY grs•
i
to suppose slumbering by night by the side ooact
Reuter—(laughter)—with a galvanic batted of the,
the bolster, with an electric wire at each std
°lll'l
bed, and with the bells at each ear—how lie ;
click and flash those wonderful despaten"witboli"
and how they would become mere nothings' Ncb
that intelligence, that activity, and henest)" leerjo
caught up the threads and stitches of till!.
land'
needle which scattered them all over tato be
Although the newsvender might be allow° fale,'
very unpicturesque rendering of Mercury °r eioaclol
other conventional messengers froiit the , of this
deal and although they must all admit that y he
deal 0 /0
earth, and has often, poor fellow, a greatoarl:ab,d
on his boots, still he had had veil r colesti`
characteristics to which none of hi's avll
aer
predecessors could lay the slightestrooselilii
one was that he was always a as ece,o
of civilisation, the other was that he /1 hat
• v." to
so not only in what he brought but lueot 00
ceased to bring. Mr. Dickens then w of neR
draw a graphic 'picture of the descriptiono to Pio
;which the newsvenders were called 11Poojety
• to l 1
seminate in days gone by, when 6 4
in a state of gross sensuality and,,,4l;llsllPC:,
rance was the rule, and when the most dey`i taus of
were fought for the most disgraceful tinnedo
That state of things was happily as. eellui,dotillej
ever, and when , they remembered tile.keeo effee.ej,
truth that this change could never have 'der carrloo
without the aid of the load the newsvleur,ss ale 1)1;o
surely it was not too romantic to exPry se/eh
in his behalf that the public would alltow,,cto ooe i
little token of that sympathetic remenftbo b°' of
they were aways glad to bestow 11P?: finances
of happy tidings. In reference to tu
him to °a) f
oine
the society, it was sufficient for
the annuities were granted out of the
titnacioole bYt,
funded capital, and that they were a.
rococo
Pe,
exercise of such a slight amount 01 ,P,,ver a Pe, A
forethought that a sum of 255. diffbusscerupover to
ell":"0,i1•••
of five years entitled a male su
roe bon.
year and a female to £lO a year- by, etophaeticeo`ro.
man concluded, amid loud cheers, th
proposing the toast which he
mencement.
The toast was enthusiasticalplyrerpeiossPelici) jecl3,oltr°ols:tl
wßaensnfoeltlto,waenddbyre"spTohnedPedrestso,"by
30.
the
chap,
is
health of :e0 artly;eati
Was
(proposed by Mr. Edmun
Other toasts, including thed
• tioDs
obscriP
due succession, and a list of s
amounting to about £3OO. Yates),