The Sun.
London, England, 1865-04-12 00:00:00

STATE OF TRADE.

MANCHESTER, April 11.—The market for export
yarns has been extremely flat, but in the absence
of business to test prices it is difficult to give a
correct idea of quotations. Prices, however, are
lower. For home-trade yarns we have also had a
very quiet market. There has been little business
except for qualities which enter into the manu-
facture of India goods. The orders given out
lately for India shirtings bring manufacturers into
the market for yarns of this description. Prices are
slightly lower than on Friday. The cloth market
has been quiet ever since last Tuesday. Mer-
chants appear afraid that prices have not reached
the lowest, and arebidding in the most timid manner.
Prices have continued gradually to decline. The
market is no doubt affected a good deal by the recent
failures, and a general distrust, with an apprehen-
sion of further stoppage, is creating a distaste for
business on all sides. The actual operations of the
last six or seven days have been small in the aggre-
gate. To-day the market is again very quiet, and
although there has been some little inquiry it has
chiefly been with a view of testing prices. The only
offers made have been at very low rates, and the
business resulting has been exceedingly small, at a
marked decline on the rates of last Tuesday.
LEEDS, llth.—There has been a good attendance
of buyers in the cloth-halls, and they operated with
more spirit than for some time past. Sping weather
appears to have fairly set in, and it has given a
considered impetus, as far as sales of goods are con-
cerned, to the woollen cloth trade here. Several
London buyers are down, and they are making
satisfactory selections of both ordinary plain cloths
and spring and summer goods. There is more
animation, indeed, in both the home and export
trade, and it is not improbable that though the spring
trade has commenced late it will be of an average
extent. A few samples of winter goods have been
inquired for, and manufacturers are giving their
attention to the production of such fabrics as will
suit the fall trade generally. The dressers and
finishers are well employed. Prices of both clothing
wools and goods are steady and firm.
NOTTINGHAM, llth.—At our Exchange-hall
to-day there was a fair attendance. The demand
for lace yarns, however, assumed a dull aspect, at
little or no alteration in prices. For silks prices
were higher, and spun silks sold at advanced rates.
The inquiry for hosiery yarns are limited, prices
being about the same as last week. For brown nets
the demand was very inactive, but there was no
material change in the quotations ; prices for these
goods (notwithstanding the rise in cotton) are nearly
as low as before the American war commenced.
ROCHDALE, 10th.—The flannel trade continues in.
the same dull state we have had to report for several
weeks. The manufacturers are not so well employed
as they were a month ago, and even at the present
rate of production stocks are slightly accumulating.
The attendance of buyers-has not often been smaller
than it was to-day, and purchases were made on a
retail rather than a wholesale scale. Notwithstand-
ing the current dulness, prices of goods are steadily
maintained. Yorkshire goods—low woollen and
mixed fabrics—are also dull of sale in the market,
which is partly affected by many of the manufac-
turers now making Halifax their principal market.
Wools are firmly held by the local dealers, but the
business doing is of a hand-to-mouth character.