The Sun.
London, England, 1862-05-24 00:00:00

STATE OF TRADE.

MANCHESTER, May 23.—1 a yarns we have had
rather more business on Wednesday and Thursday,
the sudden movement in the Liverpool market in-
ducing some few buyers to come forward rather
more freely. The operations were to supply orders
which had been lying over mostly, and were not
considerable, but they gave some encouragement,
and spinners have been endeavouring to-day to fol-
low the rise in cotton at Liverpool by asking higher
prices. The attempt, however, has been to some ex-
tent a failure. Buyers show a want of confidence in
the maintenance of present rates, and the higher
quotations have checked business. There has been
very little business effected to-day, but spinners are
firmer, and there is less irregularitythan on Tuesday.
The same in cloth as in yarns, manufacturers have
been asking 3d to 6d per piece more in consequence
of the rise in cotton, but agents and sellers generally
have been unable to obtain the advance. During
Wednesday and yesterday a little more business was
done at the turn in favour of sellers,but the improve-
ment has disappeared to-day, and there is but little
doing. It will have been observed that for some
time past merchants have abstained a good deal from
buying in cloth, and mostly from a distrust in the
current range of prices, and that the nearer affairs
between theTransatlan tic belligerents have appeared
to approach a crisis the greater has been their cau-
tion. The question now naturally arises, and cannot
perhaps yet be answered even approximately—
What should be a tolerable safe basis on which to
found transactions ? No one expects that cotton
will come down to the average prices ruling a few
years ago, though there aro people in business ex-
travagant enough to fix their calculations of the
nennt nf_cottnn gtnred iy; A r
millions of bates, and others who go to quite as
opposite an extreme. But the present is an excep-
tional position, and in this, as in everything con-
nected with the American struggle, there is no-
thing in our experience to guide us. Most of the
public as well as private sources of information as
to the probable quantity to come forward are tainted
and untrustworthy. In ordinary times the Southern
cotton interest, iu common with American people
generally, were always fertile beyond any other in
the world in inventing reports which served to pro-
mote speculation and run up the prices of their
staple ; and rumours of " frosts," " the boll," the
" wire worm," "floods," and "droughts," have
urged thousands of speculators to loss or ruin at
Liverpool, and have been repeated till they are
stale. The latest accounts now to hand include
advises from Louisville, which some regard as a
fine illustration of the "siding passion, strong in
death," for they state that after the fall of New
Orleans the cotton plantations all the way from that
city to Memphis were ablaze, and on the faith of
that report prices at Liverpool went up nearly id.
per pound the other day. Many people here are
incredulous, for they say it happens to be a line of
country not remarkable for its cotton plantations
either as to number or extent, and they are doubt-
ful of the determination of planters to sacrifice their
crops for patriotism when at the same time they are
taking such pains to run up the prices in foreign
markets, and are so intent on increasing the value
of the stock at home. As to the destruction of

10,000 or 11,000 bales at New Orleans, that is a
small matter, and may be set beside the ordinary
losses by fire and at sea, which never create much
sensation. After all Europe has been half idle,and
abstaining from using their cotton so long, what
would be the destruction of half-a-million or a
million bales ? There have been no reliable ac-
counts of the destruction of cotton to shake the
belief here that there will be a very large amount ,
of cotton to come forward whenever circumstances
is
permit. The question, " When will it come ?
more difficult to answer. There can be little doubt
that under the most favourable circumstances it
will be long in coming, because it is probable that
the rivers will be getting low, so as to render inland
navigation impracticable in some instances, While
large quantities will have to be cleaned and packed,
even if there is not delay for want of the coarse
sacking in which it is usually made up,
Then,
regards other means of transport, the railway tracks
and bridges have been too much broken up to give
much hope of these as an early resource, While the
traffic on others is too much interfered with by the
military necessities of the war, to Which commerce
and everything else must naturally give way. The
disorganisation of society will be another source of
delay ; but Americans here say that the bulk of both
armies is English, Irish, Scotch, and German, and
that this item has been exaggerated. But there is
another question, " Will there ever be anything like
a full supply of cotton again for our mills from
America, now that thousands of negroes have
escaped from the plantations, or are receiving their
freedom ?" We do not know yet how far the prin..
ciple of emancipation may be carried, nor how far
the Southern States may yet have to work out,
under laws of freedom, the problem we have had to
solve in our own sugar plantations in the West
Indies. Will the negroes in a state of freedom
prove sufficiently industrious to grow us large and
increasing supplies? may yet be a question to
determine. These are questions which may take
long to settle ; but, at all events, everything seems
to point at present to obstructions in the way of
trade, however soon the ports may be opened—to
frequent and serious fluctuations in prices—and to
much doubt whether (except in case of panic or un-
due alarm) we shall for many years ever sco prices
down to the average of ordinary years;

[ADVERTISEMENT.]—Holloway's Ointment and Pills..—
Diseases of the Chest.—Affections of the lunge
and air
passages are so prevalent in our climate that it behoves
every one to know, and have at hand, the means
of cure.
Holloway's Ointment well rubbed twice a day upon the
chest, while his Pills are taken internally, presents the
safest and least exceptionable mode of treatment.
which They
need only to be tried in the vast range of disorders
afflict the respiratory organs to satisfy the most incredulous
of their inestimable value and speedy and safe eurati es
Thousands have recorded a verdict in their favour, vh-,1
turned to them for help when death loomed in the distance,:
but through them were ;laved and reetored t® perfect health'

The -Cog.; Daily .Reporter of Wednesday sajt:—'ll
" This morning letters were received through the
Post-office by 1). J. Leahy and W. Galgey, Esqrs.,
of the most frightful character, containing threats
of assassinations, and bedaubed with rude draw-
ings of pistols, coffins, and death's-heads and cross-
bones. Letters of a similar character were received
by the wizves of these gentlemen, whose alarm and
anxiety of mind can be easily conjectured. The
matter was at once made known to the authorities,
and an investigation hIS been going on during the
day in the magistrates' private room at the police-
court. It was thought aclviszkble that the inquiry
should be strictly private for the present. The
whole cause of displeasure known to be given by
the gentlemen is, that Mr. Leahy recently sold,
and Mr. Galgey purchased, the preper;:v d
calle
Leshecns, within six miles of this city. W
have
heard of several other parties, land agents, end
in the present unsettled others, who have received notices of a ,similar
character."
6hA cm'esPondent infoims us (says the Nenagfb
tiding
at, his hall-dour at Lqn,Yflold on Satur-
dayun,devskor men army ipruachcd n
Oven tug last, t d 7.1 j him.
Mr. Bianconi,
country, awaited their arrival,of
part
the men
coming up to him, he inquired and
O.
erde undeterred
stateby their
f ity,lptoa raarrt, e,2o,feNji.
ono of them gave him a verbal the purport;
of which was that that was themtheisrsdage'd last warn-
ing, and unless he at once altered hisalnineof cical-
ing with his tenantry he might prepare his coffin.
The cause of the hostility of the Ribbon their bus)nesst when
on confede-
racy to Mr. Bianconi is, that on coming into pos-
-1 session of some property he advanced the rent on
the incoming tenants. The fellows, after fulfilling
their nefarious mission, turned away, and took
h
departure with the utmost sang froid. We
thaevier
not
heard whether 3i_tr. Bianconi is able to
identify these daring emissarics of the landed pro-
perty confiscation conclave or not.
As a further evidence of the state of the country,
we may mention that we have heard that Richard
Phillips, Esq., of Gaile, whose property adjoins Mr.
Biancsai's, has had also a " friendly warning ”given
him not to put into effect notices served by hm of
his intention to raise the rent to the standardi fixed
by:Mr. Bianconi.
A report has reached this town—whether correct
or not we are unable to say—that while Mr. John.
Carden, of Barnane, was dining with a neighbouring
gentleman a couple of evenings ago, information
was conveyed to the latter that Mr. Carden would
be shot on his return home. The worthy host ac
quainted Mr. Carden with the startling intelligence
and intimated his desire that he would abandon the
idea of going home that night. This suggestion
Mr. Carden declined to adept, and then the gentle-
[ man, who is also a magistrate, had a party of the
neighbouring police to escort Mr. Carden to his
residence. If this report be correct it affords another
terrible illustration of the state to whieh Tipperary
is again sinking. We trust for the sake of the
[ county the rumour has no foundation in fact.
The landsteward at Noan, near Cashel, in the
employment of Stanley Black, Esq., recently re-
ceived, through the post-office, a threatening letter,
[ bearing the Thurles post-mark, and addressed to
himself. The letter threatened him with the fate
of Ellis, if certain parties, against whom decrees for
possession were obtained, would be turned out.
The Cork. Examiner says :—lnformation bag
reached us, of the correctness of which we can enter-
tain no doubt, that a threatening letter has been
sent to a gentleman connected withthe management
of land not a very great distance from the city of
Cork, and in what is considered one of the most
prosperous agricultural districts. The gentleman
who has received it is Mr. John Newman Beamishi
agent for the property of Capt. Smith Barry, in the
neighbourhood of Midleton. We are not inclined
to look upon the missive as other than a brutunz
fulmen. But it is with the deepest sorrow we learn
that the dreadful spirit of agraian outrage has made
even so small a step into our peaceful county.

State embankment-4o the sea ?—So stop all Pensions, and
Pay, above £365-yr ; no Queen's nor Ministers' money,
Default on Russell's (1683, N. Bedford/eva Carr-), attaint.
JAPANESE MISSION CO's., its KATHAY Baton
Rouge RivEu-ot—of ' England's Privy Council.

rft Articles 3.—.18, and 21, under texts Hollandaise' for
14 years' revision, signed on 26th August, 1858, and attested
by the Russian intermediate, Count Ignatief in 1859, under
Pekin'e Inn-Tien-('lin Treaty—in Alcor's Vi and
caputSlation), Obedient to heaven's Zenith 4+ sol ita-meter
Spiral-sphere fate 'Z overhead' earth-fist, distinct from the
Sun's r- planeterry declination N. and S. for Frei Japan's
Cantonal-1586 in Ton- Quin's Le Chua c. J., on Ed w. lll's
Sceptre Chancery Court, ht./ of Maca6 Cabotaqe guard
as England ' itself' of the Isles, against Tartar-british
Chinaman-slave—pirates.
You are hereby called on to register the old La Montee
Q' civic limit-wall of China, as the Jeao-horizon of London,
40e N., as England's 1581 Receipt of Exchequer, and take
out ' Yedo copy of Standard Pigmeter weights' for regional
exemplification, under your red moon disc mark—of the
Msnan-cab°yian empire of the Bornes ile's, on Q. Eliz.
and J. I.'s Elan aam to Sicily's 4• font in alt° skyset link, (as
between Man and God) so Serpentine ::.. • fly audits.'
Explain to the Tycoon's Free-haired Tailmen as of Our
fathers, That this results from my sole Macao charge, on
Holy Alliance of Christian-clubs, t Abolition 29th August,
1825, by 11 G. m. c 65--founded on 14 G. m., c 83, 1774.0 for
the one Nefean meter •rod of Earth's empyreal spirit-'-level
guidance—restored in 1824, suspended one year to kill off
the life and death 1815 justice-men' for '26 Romish-pope
—so cause of Ms illegal ' white Mitre' being set to all the
criminal law exchequer deeds, over which, if not removed
the writer will sign for the people's rights, without any
Ruff-C4.tian v 5.A..C." coolie marks of 1842's bald pated Chi-
nese Tartar shaved mark of Macartney's '92 /word, CAR,
and u:)-harness foist—for a -papal British government mis-
rule by confusion—as seen in Pekin summer palace.

The suspended 1824 Act— became re-incorporated in
1835—and writer its StatelswAll trustee under 1837-43, for
the lineal spirit-level inter-'-national oathing for all offices,
without sect creeds idea—on Stafl inset-poy'ze sight.
Turf; on water trespass,' YEH'S ask of Lisbon's Macao
Company's governor in 1857—(0f the Romish Pope) ? who
was England's 1594 Stil-laird of Guinea of 1712 and 1826,
Kings Oersfa Judge River Conservator, on Brazil-marshal
Beresford's baton rouge submission to Admiral G. Ha •
mond's flag-lieutenant II Montague II Ackerley—for facing in
court the Red-man Tycoon Imperator, by . law as typic in
the rites in Q. Ann's Bnty office, Westminster, 1841 act.
Your P. Council P" raISSION was to unite the treat 9
1664, with Anglvnutch executive of Holland, its marshes
as of Leicester's create 1560-85 so Cromwell and Louis 'lv.,
1655, affirmed by Parliament, of 16 Car. 11., re-embodY'd on
Phillipine-isles 6 & 6 native jury-1764-Scholastic teaching
the Red Indians by Act of 1832 for making N. W. America
Behring's land-guarantee of Dutch-loan extends to New-
foundland-1820 as Crown colony Antipodean to N. Zealand,
Siam, and its Ceylon trop'arctic //word dexpendencies.
You'll now see into the May 14 Bar'ing-visit (leading by
Labuan Macdonald, to the son ASHBURTON treaty) of my
state-associate—and afterwards to Northumberland-house
to pass before the Supreme Indian portraiture of Joseph
Brant, (Stamp Act Sag6moth Chief of 1774-'93 of Anglo-
Chinese America, west to east), uncle and predecessor of the
now Siderial-crown. Income-tax Freeman herein Basqu-
eta' d as P. NwPwarr, one of y our race under the ligne tiree
for Washington § Texas—Extradition act, 1843—its alien's
having no French white' flag for their Co-chin Le Bua-
Annara assumption ' vers Vann& 1821 Colberti-restaurate,'
on my Mexi-micmac Brazil-Canton sponsorship.
By letter, save disproved acts, Ye are of the out'd-1585
Dairy-snma or high Sinto Papists, separated from the state
2-kub9ship-coroner .1. so, not of the peoples 'mats-mai y-/tr.
pole elect-Ty-cone Zenith Courts—over the provincial Dia
mi-6, and district Sio-mi-6. If so ? ' Rip' or Ratify by meter
oath for Angl°China—as East-Searehmen 'on the water
flaglimit by the high contracting parties,' April 7, 1862—W.
Seward & R. Pemell, City nickname LYONS ; Amer. Ind.
Co‘mission'rs by Art. 1, rule 2 within the territorial waters
of the other (L'aiitre neutre) party' —in Carib's right to
search ' mother earth's legistatrices by Brants. Peter.§
IN conclusion—Know that the Portugue-papal Tartar
change of your national Red water flag disc-K,l by the
Macao'd Chancery (1594-1618), and others, in the Scotch
Dutch Japanese treaty with China Oct. 1663 to Feb. 1664,
—signed by Tycoon, for BORT & Vander Does, whereby a
White flag with red moon was set as the Gaduch'yrs
Mexi-
Anahuac' emblem, over your (Embassy in London.

- line base qui (fit Armer la race-rouge si grand.
7,2; Sous la loi civique ¢), piss avec Fierte I
oa l'on volt que jamas I'ENOLAND' ne marchande
8 Quand it faut par la mer leur donner Liberte . -*- .
4.-1. • • • N.l CHARLES ' ACXERLEY, rt
••• 1-2 W. Iv., No. 54, Chamberlayne' Die-sworn.
a. • PETER BASQUET, Income-tax chief (1842, unpaid.¢
511 • China nufwall circuit horizon of—'London, May 24,
hi, 1862), its Montezuma-Texas-peace Red Flag.
tl So Paris-gab 'Wight ship' Selgiss-vacant Kalfateren
skiff .20 Om-egfi " Het fchip svylt wel, het is ras in svylen,
—item, het is een klock-ship in fallen." Ilreva-G-aw6. I

t By 7.25 Hen. lll.:the Purser discargo-rer' or steward
is deputy-juror for Neighbours to the fact,' under Shipping
Act aid'anus, to avoid Ty-cons Coroner's sequestration in
log default on deaths or Offences to the Person by the
1842 British-triad Emigration Soc:, /3 vac-sign Belly-skin
mark' a. A. C. initials of Sandwich Isles, Australia and
Californian k Peru poll-tax on Spanish goldfinders.
(See The Sun of April 19, 28, and May 16.)

1111EATRE-ROYAL, HAYMARKET,
Lessee Mr. J B. Buckstone.

THIS EVENING, THE WOLF AND THE LAWS.
After which, at half-past 7, will be performed (131st time)
OUR AMERICAN COUSIN. Asa Trenchard, Mr. Buck-
stone ; Lord Dundreary, Mr. Sothern.
Followed by a new Spanish Ballet entitled LA CONTRA-
RANDISTA. Senora Perea Nena, Senor Ricardo, and the
Corns de /muter,.
10 COnatuav ..Au- my Ems

ROY AL LYCEUM THEATRE.
Sole Lessee and 3lanag-er. —Mr. Edmund Falconer.
ertghe or She "ontinuons run of "Peep o'Day."
THIS E VENING, PEEP O'DAY ; or, Savourneen Deelish.
Messrs. Walter Lacy, Addison, Charles Selby, Geo. Melville,
and Edmund Falcone! Mrs. D. P. Bowers, Miss Clara
Weston, and Miss M. Hudson.
After which, a new musical, pictorial, poetical, and ballet
interlude, entitled KILLARNEY. Miss Anna Whitty and
Miss Lydia Thomson.
To conclude with the new farce entitled I COULDN'T
HELP IT. Characters by Mr. Addison, Mr. Warlow, and
Miss Lydia Thompson.
Acting Manager—Mr. F. B. Chatterton.
Prices as usual. Doors open at half-past 6, to commence at
r. Box-office open daily from 11 tlll5.
Commence a 7