The Sun.
London, England, 1853-10-05 00:00:00

-ti WO %Ration

SUN OFFICE, Six o'Clock.

CHESTER RACES.

(THIS DAY.)

(BY ELECTRIC TELEGRAPH.)
WELTER CUP.

Italian .

Romeo ..
Red Lion

1
Seven ran.
£5O PLATE.

Eight ran.
GRAND STAND PLATE.

Lady Napier
Seven ran.
CHESTER. HANDICAP.
Missive .
Eleven ran.

STATE OF TRADE.

( From the Manchester Guardian of this day.)
MANCHESTER, Oct. 4.—On Saturday we had slight in-
dications, and yesterday still more decided ones, of an
improvement in our market ; and this morning opened
with a general expectation of an increase of firmness,
and, to some extent, of business also. But an early
telegraphic announcement that the Sultan was
about to declare war, under the advice of a council of
magnates, and that all the Queen's Ministers were
summoned to London, at once put an end to these
anticipations. The effect was increased by the fall
in shares and consols. Business has been completely
interrupted, and prices rendered more irregular
than before. People do not know what to do ;
and those who were encouraged to operate yesterday,
feel disappoinnted to-day with what they then did. A
greater impatience than ever with the changing
phases of this Russo-Turkish business has conse-
quently been generally and strongly expressed. Yes-
terday there were fair transactions in 16's and 24's
reeled water twist ; the entire stoppage of production at
Wigan having moved the buyers. These spinnings
acquired therefore a greater degree of firmness. There
is no doubt that the Germans (who have had advice
of good sales of manufactures at the Leipsic fair) would
operate in yarns with some freedom, if they had confi-
dence in prices. As regards cloth the circular of a lead-
ing agency house says—" There is no want of orders in
the hands of buyers, but they are all holding back in the
expectation of a further decline in prices. On the whole,
this has been the dullest day we have experienced for
some time, and prices are exceedingly irregular."
ROCHDALE, Oct. 3.—We have had a dull market,
with little doing, and pieces stationary. In wool there
is no change since last Monday.
HALIFAX, Oct. I. The dullness which has for some
time past pervaded every branch of the worsted trade is
by no means diminished ; and the transactions are very
limited in wools, yarns, and pieces.
HUDDERSFIELD, Oct. 4.—Comparatively no business
has been done in the market to-day. It opened languidly,
and at an early period the unfavourable telegraphic
news from the Stock Exchange operated to the com-
plete depression of the market. The news from Aus-
tralia also tended to check the demand which has lat-
terly extensively prevailed for the better descriptions
of woollen cloths and waistcoatings. There has been a
less amount of business transacted to-day in all depart-
ments than on any market day for many months past.
BIRMINGHAM, Oct. 3.—The preliminary meeting of
the ironmasters of South Staffordshire was held at
Hotel, Dudley, on Thursday last, when it was resolved
to maintain the prices of last quarter. The tin market
continues in a very unsatisfactory state. For common
block from 1235. to 128 s. have been required during the
past week in Birmingham, and even at those quotations
manufacturers have not been able to obtain a sufficient
supply. Copper remains stationary, but is more likely
to recede than to advance.