The Sun.
London, England, 1862-05-10 00:00:00

-6-TAIE OF TRADE.

MANCHESTER, May 9.—There is littlo or no
change in this market since Tuesday. The yarn
market is exceedingly quiet, and sellers report that
they do not find any business offering for any
quarter, whether from demand for home consump-
tion or export. There is great firmness in prices,
but no business. The weakness shown for some
days past in the Liverpool market for cotton is, no
doubt, one cause of the inactivity here, but the
principal cause appears to be the uncertainty arising
out of the visit of M. Mercier to Richmond. upon
which so many speculations have been founded.
There is also an impression that important news
may be expected soon from the armies before York-
town and Corinth, and merchants are chary of any
business at a moment when advices may arrive
this
basmonrontingleathatno
The cloth market continues exceedingly flat.
1 likely to have an important influence aeon prices.
There has been mpoarset,inbqoutiryit
forbusinseosms.e Bdauyysers for several markets have been
making offers, but at prices which are not accept-
able to manufacturers. Such offers in general
have not been of a magnitude to fairly test prices.
Some reports, however,
say that the cloth mar-
kets are rather
Weaker, and that the tendency of
prices is against sellers, the better qualities of cloth
being most firmly held, while inferior descriptions
are difficult of sale. The market is fully as languid
as any we have had for some weeks past. The con-
sumption of East India cotton still continues to in-
crease, and the purchases in Liverpool for the trade
during the last month averaged over 20,000 bales
per week, against little more than 4,000 bales in the
same period of 1861, fully proving its usefulness
when a fair trial is given to it, although there is no
doubt that many spinners and manufacturers who
use the lowest and cheapest kinds of this staple have
much trouble with it, and that it is unpopular
among the workpeople on account of the smaller
quantity of work they can turn out with it in a
given time, as compared with American. There
are some peculiar makes of cloth, requiring much
closeness in weaving, to which it is said to be un-
suitable, -
suitable, but the extent to which it can be used
by
the dearth of better staples is plainly indicated
started
the fact above stated. The prejudice at first sta3r d
against it as being unsuitable for the pursp ofhaving
printers and dyers may now be considered as
very little influence. Messrs. Clarksoa
quantity
printers to the Queen, who have printed
the Cotton
of cloths made from this material
are now in the
aand Co.,
Supply Association, and whichh
anever met with
International Exhibition, say y.
eta they
most delicate
a cloth better adapted for. to be.
A good deal of
Lhe. copy ? t a memorial
colours than they found it
it disgust, has been excited in
annoyance, not to say .
Indian mail, which had been
Governor-General by certain mer-
laving branches here,
commercialbrought
b y the circleslaB
the tariff on cotton yarns
againstc a npresentedt ile
housesth
eto thei
reductionn
Bombay,ot
' and cloths imported from this country. Itwasrather
startling to see the names of firms which in Man-
tebheesset edr
duties
eds taken
attacheda nactive
firms
part
lai nßagitating
oagainst
firmstttlh me-
morialeren p s
uowrui
pnht
memorialothatse favourwhose
of
names
aaa mrvoeuef
si
cumber
abi
eerermere
loa;yfpp
tbutchlee
clerks. One
i investigationosowneh o
osfi
guteh i
signed
Manchester who were the principal promoters
of a ended has a house in
meeting in the Town-hall on the 4th Feb. for
petitioning
par`l'imamemenotrifaolristihneg
eGarolvyerrnemmoenvatiaonf and of
protective duties of 10 per cent. on all cotton goods,
and of 5 per cent. on all cotton yarns
r was
upon Lord
uinnddiear.,,theAlnmdeiamnbtearroifff
twhhisenfirimmpinor3terdaniennhtoeos%B. levieditish
also one of a deputation which waited 0 p
Palmerston on the same subject on the 21st Feb.