The Sun.
London, England, 1853-09-27 00:00:00

FIRST HEAT.

Yachts. Owners.
The Levant
Nelson Whitehead.
Water Kelpie Beffen.
Nil Desperandum Hunt.
Won by Nil Desperandum—Levant second.
SECOND HEAT.
Gannett. — Flood, Esq.
Weathergago Messrs. Bertram.
Atalanta

Gannet had sunk, but was got up excellently in time
for the heat. The Weathergage was first ; Gannet
second.

THIRD HEAT.
Won by the Nelson—Nil Desperandum second.
GRAND HEAT.
Nelson won—Nil Desperandum second. A capital
race, the wind having much abated.

STATE OF TRADE.—The accounts of the state of trade
in the manufacturing towns during the past week show
that the last movements of the Bank, combined with
the political alarm in London, have had a decided effect
not only in checking the disposition to speculative ship-
ments, but also in producing a determination on the part
of employers generally to resist those demands for higher
wages which have of late become more inconsiderate with
each concession. At Manchester there has been a gene-
ral decline in prices, while the working classes are insist-
ing upon an indiscriminate advance of 10 per cent. ; the
consequence being that all the principal manufacturers
at Preston have notified an intention to close their mills
on the 15th of next month, in which measures they are
expected to be supported by other firms throughout the
district. The Birmingham report mentions a continuance
of the steady demand for all descriptions of manufac-
tured iron, although some doubts are now entertained
as to the expediency of carrying out the contemplated
rise of 20s. per ton ; here, likewise, although a com-
parative immunity from strkes had hitherto been
enjoyed, various trades are now being disturbed by
claims which it is felt essential to resist. The tin-
workers require an advance of from 20 to 25 per cent.,
and the journeymen carpenters have insisted upon an
extra sixpence per day. At Nottingham, although it
was thought all differences of the kind had recently been
adjusted by a large Foncesien on the part of employers,
renewed dissatisfact.on is already manifested, notwith-
standing the fact that the trade of the town during the
past week has been severely affected in all its branches.
It is hoped, however, that the approach of winter, and
the prospect of comparatively high prices for bread, may
induce the people to pause before they risk the great
advantages they have attained. In the Woollen districts,
for the first time for many months, a tendency to reac-
tion
is reported. The markets are said to be extremely
dull, and additional misgivings appear to have been
caused by the tenour of the private advices received from
Australia. In the Irish linen markets no adverse effects
seem as yet to have been experienced. The demand has
again been very active, and the stocks on hand are lower
than at any former period.
GOLD FROM CALIFORNIA.—It appears that the ship-
ments of gold from California during the first half of the
present year have amounted to 5,800,000/., against
3,870,000 i., in the corresponding period of 1852, and
2,570,000/., in 1851, and that this amount was distri-
buted as follows :
To Now York £4,934,000
To New Orleans . 30,000
To London 700,000
To China 74,093
To Australia
To Valparaiso
To Manilla, Sandwich Islands, Cal-
cutta, Panama' Stc lON 4,300