The Sun.
London, England, 1865-05-13 00:00:00

STATE OF TRADE.

MANCHESTER, May 12.—1 n shipping !Yarns we
have had a moderate business doing to-day, but
nothing like the activity of Tuesday. There has
been some little giving way in prices ; but spinners
are so deeply under contract for some weeks for-
ward, and the demand for some markets is so con-
siderable, that buyers find it difficult to make much
impression on prices. Still, in some cases spinners
are disposed to take less than they were on Tues-
day. In home trade yarn it is reported that the
market has been very quiet to-day, with but little
business doing, and with prices slightly in the
buyer's favour. On the other hand, manufacturers
report that they have been able to purchase yarns
at nearly Id. per lb. decline on Tuesday's quota-
tions. In cloth sellers report a very limited busi-
ness, with a generally inactive market since Tues-
day. The evidences of a more speedy peace than
was expected in America have evidently affected
the prices of cotton considerably in Liverpool, and
there is a marked sympathy among the buyers of
cloth in consequence of the decided decline in
cotton. So far it has
.only affected the market so
as to cause a partial suspension of operations,
and has not been followed by any weakness in
price. Generally speaking, manufacturers are so
well engaged, and there are so few stocks of cloth
pressing on the market, that they are more than
usually independent of external circumstances.
The fact that cotton and cottolT yarn have given
way so considerably undoubtedly points to lower
prices in cloth as probable, as does the almost total
unwillingness of buyers to operate ; but, so far as
business has gone to-day, there appears to be no
giving way on the part of sellers, except where they
happen to hold speculative lots. A private telegram
from Calcutta to-day reports the market for cotton
manufactures good, with 71b: shirtings at 145., and
811 b. shirtings at 18s. per piece.
NoTTINGHAm, 12th.—Our Exchange-hall to-day
was moderately attended, and a steady business
was done,in lace yarns, at prices similar to those of
Tuesday. There was not much doing in hosiery
yarns, and recent rates may be quoted. All kinds
of silk (both thrown and spun) are selling at higher
rates. For brown nets the demand was still quiet,
and prices remain without any material alteration.

THE CHANNEL SQUADRON left the Tagus late on
Sunday night or early on Monday morning, and is making
rather a straggling run home. The Hector arrived at
Plymouth yesterday morning short of coals, on her way
to Portland, which is to be the rendezvous. The Achilles
and Prince Consort were also in sight.—Army and Navy
Gazette.

LITERARY AND SCIENTIFIC MEETINGS FOR THE
ENSUING WEEK.—Monday—Asiatic, at 3 (5, New
Burlington-street) ; British Architects,. at 8 (9, Conduit-
street, Hanover-square). Tuesday—Horticultural Society,
at 3 (South Kensington), show of new and rare plants,
scientific meeting, and election of fellows ; Royal Institu-
tion, at 4 (Albemarle-street), "On Organic Chemistry,"
Professor Frankland ; Society of Arts, at 8 (John-street,
Adelphi), "On Some of the Most Important Discoveries
made within the last Two Years," by Dr. F. C. Calvert
(cantor lecture); Anthropological, at 8 (8, St. Martin's-
place, Trafalgar-square) " On Missionary Work in Africa,"
by the Bishop of Natal. Pathological, at 8 (53, Berners-
street, Oxford- street); Statistical, at 8 (12, St. James's-
square), " On the Variation of Prices and the Value of the
Currency since 1782," Professor W. S. Jevons ; Civil En-
gineers, at 8 (25, Great George-street, Westminster).
Wednesday.—Royal Society of Literature, at 4.30 (4, St.
Martin's-place); Pharmaceutical, at 8 (17, Bloomsbury-
square), Anniversary ; Society of Arts, at 8 (John-street,
Adelphi), "On the Manufacture of Encaustic Tiles and
Ceramic Ornamentation by Machinery," Mr. Z. Colburn.
Thursday.--Zoological, at 4 (11, Hanover-square); Royal
Institution, at 4 (Albemarle-street), " On Organic Che-
mistry," Prof. Frankland ; Numismatic, at 7 (13, Gate-
street, Lincoln's-inn-fields) ; Chemical, at 8 (Burlington
House); Antiquaries, at 8 (Somerset House); Royal, at
8.30 (Burlington House). Friday.— Philological, at 8
(Somerset House), Anniversary, Professor Aubrecht ;
Royal Institution, at 8 (Albemarle-street), " On Stella
Physics and Chemistry," Mr. Huggins. Saturday.—
Royal Institution, at 4 (Albemarle-street), "On Meteor-
ology," Mr. A. S. Herschel.—Reader.
MR. SANTLEY has signed an engagement for the
opera house, Milan, where he proceeds about the beginning
of the year.—The Orchestra.