The Sun.
London, England, 1862-03-05 00:00:00

S7` zTE OF TRADE.

MANCHESTER, MARCH 4.—The yarn market has
been very quiet, with little business doing for any
market. Prices 7etn in very firm, an:, some yarns
made out of American cotton are rather dearer than
before. In reference to a subject which has been
noticed several times in our recent reports, Messrs.
issued
this Fay and Co., in their review of the market
this month, observe that " The use of Surat and
other East Indian cotton is becoming more general,
and the objections formerly entertained about
Surats is wearing off. Spinners who have exclu-
sively used it latterly find an advantage instead of
a disadvantage in doing so; nor do the con-
tinental buyers of yarns, particularly of water-
twist, object to it under present circumstances." The
tone of the cloth trade has been very flat to-day. The
discouraging accounts from India have a serious
effect opon business in Manchester, and caused
buyers for that quarter to withdraw altogether from
the piece.goods market. An impression that the
settlement of American affairs has been brought
into nearer view is also affecting the trade generally
and there seems to be no inquiry for fabrics of any
description. In order to effect sales considerably
lower prices would have to be taken than manu-
facturers have been holding for during the last two
or three weeks ; but there is 111 disposition to make
the requisite abatement, unless here and there in
some case of exceptional weakness. As a general
rule, producers continue very firm in their quota-
tions. During the past month the the prices of
yarns and cloth have been slowly advancing.
The rise has been from 10. to 3d. per piece for 7-8
printers, a bon t lid. for madapollams, 1 d. to 2d. for 9 8
printers, 11d. to 3d. for 9-8 shirtings, a full 121.
for 51b. to 71b. 5-4 shirtings, and 3d. for Bib. to 91b.
makes. In some cases India jaconets are 10. dearer,
and T-cloths from lid. to 3d. dearer ; but there is
muchirregularity in the prices asked for similar
kinds. Longcloths and domestics have hardened,
though the rates are not quotably higher. The re-
turns of Captain Palin of the state of employment
in Manchester, made up to this morning, show that
14,495 persons are on short time, and 6,977 are
wholly out of employ, against 26,306 in full em-
ployment. This is a rather unfavourable return as
compared with last week, but the change is slight,
" It is
the numbers then on short time being
14,572, and out of work 6,857. In the district
around Manchester we hear of but little
Fay t
hanedaidCow.hsiaoyh 1
11.---as thus
scahtainstgaec.toryMetossrns Du
o.
tice that
far been afforded to the workpeople out of employ
has prevented an undue amount of distress, and that
we shall in all probability pass the severe ordeal
comparatively well if the dissensions inskinerica are
brought to a speedy conclusion, which opinion
many well-informed people seem to entertain at
present. The present uncertainty as to the price
of the raw material prevents merchants from em-
barking in
existenceti
arrive mb ei fooartnehdAmerican
oys,
scihobotltyto ntehocoma
fnea
obst
sooner
ot
uhe xea
rt-
barking in large transactions, No doubt it will.
it
tee
ci
tss
eodimn
than can now be calculated upon prevents pur-
chases for distant markets at present high rates.
Preparations to grow cotton in almost every part
suitable for cultivation must take time, but
ultimately au increased production will act upon
the markets. If the cottons of the last American
crop were to be destroyed, and could under no cir-
cumstances reach our market here, prices, however
high, would be more willingly paid than they are
now. The enhancement of the value of cotton fabrics
will enable holders at over..stocked markets to rea-
lise, and, less being sent now, demand may later on
be felt where now abundance keeps the selling prices
far below what they are here." The following is
the weekly report issued this evening by Messrs.
John Slagg and Co. :—" The limited demand for
goods which existed previous to Friday last has
gradually fallen off, and to day we have a,1.1 exceed
ingly quiet market in all departments. Nominally
prices are the same as on Tuesday last, but here and
there a disposition is shown to give way a little,
without, however, leading to much business,"
LEEDS, 4TH,—The woollen cloth-markets have
been much of the game character this morning as of
late. Goods move off in somewhat limited allot-
ments, and the market and trade generally are far
from being buoyant ; yet there is a hopeful feeling,
and upon the whole a little more doing than there
dy forf
i'es n aFnarolatenvcaeetrtyki reeaecpat
sir
veue
p.s ibllluvtmo
oo thelsst ares
exportaleas
tbel
ae
a.t
yrThe
was a month ago. Light and cheap goods for both.
gdemandmale
nll
price.
ROCHDALE, 3D,—The flannel and wool markets
to-day have not shown much animation. Purchases
were made cautiously, but prices, those of flannels
as well as those of wools, are held firmly. Manu-
facturers are showing some inclination to further
restrict their rate of production, but generally there
is as much doing as there has been for some time,
and stocks, though increasing, are not very heavy.
The Yorkshire goods trade is dull.

COURT-AIARTIAL ON CAPTAIN

ROBERTSON.

FIFTEENTH DAY-MONDAY.

The court-martial on Captain Robertson was
resumed this day in the Victoria Library, Royal
Barracks.

Troop Sergeant-Major M'Claughny was sworn,
and examined by the prisoner, and after some evi-
dence of no great importance, the defence was closed.
President—l understood you were going to make
some remarks upon the evidence.

Captain Robertson—l respectfully ask the Court
not to call upon me to read my defence until the evi-
dence is closed.

The President—The prosecution is closed, and you
are on your defence. You must close it before we
take any further steps ; we will, perhaps, then recal
some of the witnesses we had before us, to elucidate
certain points which have developed themselves
since they gave their evidence. We wish you to do
this when you finish your defence. The prosecutor
has announced his intention to impugn the credi-
bility of some of your witnesses, and that will be
the time for him to ask his witnesses to discredit
yours. You will then be at liberty to bring any
witnesses you choose to set up the credibility of
your witnesses, and to make any remarks you
tpolerawseilul pthonen-thme vaekeidaernecjeoienlduecidruaptoend. t hTe hvehporl
eo sceacsue:
You must now conclude your defence befoie.we take
any further steps,
Captain Robertson—l would desire leave to make
some remarks upon the testimony of the witnesses,
and I would wish for an adjournment of two days,
to arrange the remarks I would desire to submit to
your consideration.
The President—The Court will grant your appli-
cation ; in the meantime we wish to call some of
the witnesses.
At either of the two interviews which you had
eCsildareknet
awsafsoltlhoewnsr:Lcalled and examined by
theCoPlr.
with Captain Henry and Captain Robertson, in
October, did Captain Robertson or Captain Henry
say anything to you about Col. Dickson lodging the
price of Captain Robertson's commission ?—I have
no recollection.

Captain Henry, late 4th Dragoon Guards, was
next recalled, and examined by the Court :-.-
What did Captain Robertson say when you told
him you had refused to accept Col. Dickson's letter
of apology P—l have no recollection of any conver-
sation.

you
do not had refused the letter. of apology .
I asked you what he said whenpy u told him yon
and Captain
recol-
lect any conversation betweedn
myselfthe letter.
Robertson after I had re.fußse
Robertson, what did he
When yon told Captain
I cannot remember the
havesltBo6old, nothing
I do not recollect
the conversation between Captain
exact purport of t
myself on the occasion referred to,
say ?—The conversation must° have been very short.
Robertson and
him that Col. Dickson's letter was not
d
t I had sent Capt. Durant back
and. that
satisfactory,to
Col. Dickson.
again f ring to your letter of the 23d March,
in which you state to Mr. Owen, " I under-
stood to say that Col. Dickson should
but
lam Iu toldarpe Capt. Durant
to do with Captain Robertson in any
way until he should have settled some legal trans-
action." Assuming that your evidence was true, did
it occur to you that when you wrote that letter you
were writing an untruth, calculated to injure Col.
Dickson, and place his conduct in a false position ?
—No, sir ; I wrote that letter immediately subse-
quent to Capt. Robertson's statement that he would
have full satisfaction or an ample apology, with the
view of giving him every opportunity there of vin-
dicating his honour and that of the regiment ; and
the facts stated in that letter, as far as regards the
conversation between Capt. Durant and myself, are
substantially true.
What facts do you refer to?—The facts at the
three interviews I had with Capt. Durant ; the three
interviews I had with him and the result.
The Court adjourned till Friday.

A NEW BAROMETER.—M. Sauvageon, of Valence,
has studied the different phenomena which are produced in
a cup of coffee when the sugar is put into it, and the result
of those observations transforms the demi-tasso into a baro-
meter. " If, in sweetening your coffee," says M. Sauva-
geon, "you allow the sugar to dissolve without stirring the
liquid, the globules of air contained in the sugar will rise
to the surface of the liquid. If these globules form a frothy
mass, remaining in the centre of the cup, it is an indi-
cation of duration of fine weather ; if, on the contrary, the
froth forms a ring round the aides of the cup, it is a sign of
heavy rain; variable weather is implied by the froth re-
maining stationary, but aot eaaotly in the centre,