The Sun.
London, England, 1862-08-27 00:00:00

Diana

Seventeen ran.

SURREY AND 31IDDLESEX STAKES.
Sycophant ........................................ 1
Flighty
Watchfire
................. 3

Four ran.
MAGNA CHARTA STARES.

Smoke
Dinah filly
Passion
Five ran.
SCURRY STAKES.

frettY ...................................... c. .1
Bolero
Dominie Sampson 3

STOCKTON RACES.-THIS DAY.

WYNYARD PLATE.

Gimstone
Gleam .,. 1
..
Longshot
- 3

Seven ran.
HARDWICKE STAKES.

Livingstone
Change
Tramp Queen .. 3
Six ran.
JUVENILE STAKES.

Melandra
Unfashionable Beauty
Robber 3
Eight ran.

LICHFIELD RACES-THIS DAY.

NURSERY HANDICAP.

Erin-go-bracrh
Golden Drop 1
True Hurt....
3

Six ran.
GOLD CUP.

Ophelia .
Lapidary
Bradfield
COPELAND HANDICAP. 3

Sherwood
1
Palermo
2
QUEEN'S PLATE.

Atherstone
Ross
...
Wynnstay
ANGLESEY STAKES.
Duke of Cambridge
Acorn
2'
St. George

LATEST BETTING.
ST. LEGER.
4to 1 agst Marquis (taken)
sto 1 agst Buckstone (taken)
9to 1 agst Carisbrook (taken)
11 to 1 agst Exchequer (taken)
16 to 1 agst Old Calabar (20 to 1 taken freely)
20 to 1 agst Bonny Breast Knot (taken)

STATE OF TRADE.

MANCHESTER, Aug. 26.—For yarns we have had
a more excited market even than that of last week,
and at a considerable advance in prices. In an ex—

ceptional state of the market like the present of
course prices are irregular and vary considerably.
Even the reports are widay at variance with each
other as to the extent of advance in prices, hat
mostly agree as to a state of great excitement pre-
vailing. Some reports fix the rise in prices since
Friday at Zd. to Id. and upwards per lb., and others
at rather more. One of the leading agents says the
advance has ranged at 2d. to 3d. per lb., compared
with last Tuesday's quotations. All classes of buyers
have eagerly sought after yarns to-day. Whether
made of Surat or American cottonit has been all the
same to buyers apparently, so that they could get
hold of desirable parcels. The feeling among nearly
all classes of buyers has been to have yarns at some
price, without appearing tb dare very much what
they had. to give. The advance upon cloth has been
less marked, but the high prices and continued ex-
citement in the Liverpool cotton market have had
an effect here upon the small stocks of cloth in first
hands, and they have readily found purcha,sers at
6d. per piece higher than could be obtained last
week. Available lots of all kinds of cloth were in
request, and prices are nominally quoted at a much
greater advance than that above stated. It is un-
derstood that most of the business is speculative.
The low price of cloth, as compared with that of
cotton, has latterly induced a more active spirit of
speculation in this market, though hitherto we have
had but little of it as compared with Liverpool. The
speculation in Liverpool approaches in recklessness'
the mania for which 1845 was so remarkable in
railway shares. At Liverpool people of both sexes,
quite unconnected with the trade (and many of
whom perhaps never saw a bale of cotton, have
placed their money at the disposal of brokers, from
£lOO upwards, and no doubt many have reaped
large profits on these ventures. The increased risk
is shown in the fact that while some of the brokers
in the first instance were content with £1 per bale
to cover possible losses (or as they are called in the
share market, "differences"), they now require a
deposit of £lO per bale and upwards. Outsiders
were early in the field as speculators in
yarn and
cloth, but the chief operators recently, from the
magnitude of their purchases, are mostly large ca-
pitalists, and one holder of cloth was spoken of last
week who was in a position at the then market price
to realise a profit of £lBO,OOO. In the early part
of last week the market was almost wild with the
spirit of speculation. Old stocks of cloth, of 6,000
to 10,000 pieces, which had lain unsaleable in ware-
houses for a number of years, were fished up and
found purchasers. Some of them were the worse in
colour—almost yellow, it is said ; but the ealesmen
had dexterously slipped out the fact at the right
moment that they were made entirely of American
cotton, and now that goods of this description are
becoming exceedingly scarce it was found to be a
talisman that was irresistible.
Captain Palin's report of the state of employment
again shows unfavourably, the number in full em-
ployment this week being only (in Manchester)
21,817 against 22,121 last week. The number partly
employed is 13,794 this week against 13,980 last
week. The number totally out of employ
against 11,883 last week. is 12,345

REPRESENTATION OF STOKE-UPON-TRENT.--.
Mr. Sergeant Shee has come forward as the Liberal can-
date for this borough, on the death of Mr. Ricardo. The
address to the electors was issued yesterday. It expresses
his approval of the commercial policy of the Government,
and in particular the treaty negotiated by Mr. Cobden with
France, and thinks " the sooner the struggle about church
rates is brought, by their entire abolition, to a conclusion
the better. He is for as large an extension of elective fran-
chise, in favour of the skilled operatives, "as may enable
them, consistently with the due constitutional influence of
the wealthier and less numerous classes, to exercise a sen-
sible and wholesome action on public affairs." No scheme
of Reform will, in his opinion, be effectual without the pro-
tection of the ballot. As to education, it should, in his
opinion, be based upon and elevated to its highest object by
religicn. He thinks the policy of non-intervention in the
affairs of foreign States a wise one. As to America he says :
" The bitterest enemies of England must acknowledge
that as respects the unhappy contest between the Northern
and Southern provinces of the United States of America
the policy of our Government has been marked by the most
eat
of our
friendly and magnanimous disinterestedness. 'We call the
gocouodntwy
wishes
eLsafnocratshheirgeltoorybeaanrdwinittneegsrsitytootfh t seinceri
great Repub-
lic. Should the recognition of the Confederate States be-
come as seems probable, an act of public right and justice,
I trust it may be accompanied by securities for the gradual
abolition of slavery." Mr. Beresford Hope is actively can-
vassing the borough on the Conservative side. At a meet-
ing of Liberals, held at Hanley on Monday evening, reso-
lutions in favour of a second Liberal candidate, Mr. Ii
o=lol, were carried.

3