The Sun.
London, England, 1853-09-06 00:00:00

THE SUN, LONDON, TUESDAY EVENING, SEPTEMBER 6, 1853.

to connect Chester with Holyhead, and in the ac-
complishment of which enterprise he effected, by
spanning the Menai Straits with a tubular bridge
of iron, the most wonderful of his many extraor-
dinary engineering achievements. Whatever
may be said by Mr. FAIRBAIRN and others,
in depreciation of the share taken by this
distinguished man in the designing and carrying
out of the tubular bridge near Holyhead, the
glory of that singular product of science and in-
dustry must ever afterwards belong by right to
ROBERT STEPHENSON. It is not by any means
surprising, therefore, that with his extended and
unrivalled reputation,' but particularly after the
completion of his great masterpiece, Mr. STE-
PHENSON should have been selected for the direc-
tion of many of the large railway projects adven-
tured upon in various parts of the European
Continent, or that lie should have been
chosen by the Pacha of EGYPT to preside over
several important works now in progress in his
Pashalik. As about the crowning labour of
engineering, the new bridge at Montreal—

the bridge destined to carry a railway across
the waters of the St. Lawrence, is—it will
be remarked—about to be designed by Mr.
STEPHENSON. With this gigantic enterprise
in hand, no marvel that the men of Montreal
offered to the illustrious engineer the tribute of a
public banquet, expressive at once of welcome,
encouragement, and congratulation.

The Royal visit to Ireland has terminated.
The Royal Squadron, which left Kingstown Har-
bour on Saturday night, arrived at Holyhead at
an early hour yesterday morning, and even while
we are writing her MAJESTY is ea route for her
Highland home, there to enjoy for a brief period
the domestic felicity so dear to her heart, and for
which she is so eminently qualified. She has
left her faithful people of Ireland after a week,
not displeasing, or, we trust unprofitable to her-
self, and one of intense and unalloyed gratifica-
tion to them. The State pageantry has passed away,
but not so fleeting will be the recollections or the
results of the auspicious event. We firmly be-
lieve that the most sanguine anticipations that
have been formed as to its consequences will be
fully realised, that the familiar intercourse of the
past week will be frequently renewed, and on
every occasion under equally propitious auguries.
The proceedings which have just been brought to
a conclusion, without a single casualty to
mar the all but universal satisfaction, are
eminently calculated to remove the preju-
dices and misapprehensions that have hereto-
fore existed, and which have impeded that close
and intimate union, that should have existed be-
tween the sister Kingdoms. The natural results
will be that the bonds by which they are (we trust
indissolubly) connected, may be strengthened to
their mutual advantage—that English capital may
flow into the country, where it can be so usefully
and profitably employed in the full development
of its neglected capabilities, the ample returns
from which will satisfy the expectations of the
most sanguine speculators.
The infamous misrepresentations of those who
imputed a want of loyalty to the mass of the Irish
people, and who by such calumnious assertions in-
duced the SOVEREIGN to abstain from inspecting
so important a portion of her dominion; are, it is
to be hoped, henceforward and for ever set at rest.
It will be impossible from this time forward to in-
sinuate doubts as to the sincere and heartfelt love
and affection of the Irish for their QUEEN. There
could be no doubt as to the cordiality of her re-
ception, or the fervour of their devotion. The vile
attemp t to diminish that cordiality, to damp that fer-
vour signally and completely failed; and even the
solitary Journal by which it was attempted is
conscious of that failure, and, mirabile dicta,
appears to be somewhat ashamed of the part it
acted on the occasion. It has not, it is true, had
the grace cpenly to retract, or humbly to apolo-
gise for the grave error into which it was betrayed,
but contents itself with attempting to depreciate
the amount of enthusiasm—to sneer at that the
existence whereof it cannot, notwithstanding the
most -wilful blindness, altogether deny. Let us
hope, then, that the alienation which has hitherto
existed between the SOVEREIGN and the people
of Ireland will be for ever removed—that there

will no longer be the same negligence on the one
side, or discontent on the other—that the time
when the presence of the Monarch, save at the
head of a hostile army, was unknown for suc-
cessive centuries, has for ever passed away—
that the precedent established by Queen VIC-
TORIA may be annually followed during a
long, happy, and prosperous reign by herself,
and by her descendants through all gene-
rations, and that ere long Ireland may be
thought worthy of having a Royal Palace suit-
able and prepared for a prolonged residence by
the SOVEREIGN.

But other misapprehensions must also vanish,
and the mists of prejudice be dispelled. Eng-
lishmen and Irishmen must learn to know and
appreciate their mutual good qualities, to look
upon and regard each other as brethren, and not
as beings of an inferior race. The Irish must be
taught to abandon the disgraceful sneers and dis-
paragement of " the Saxon," to respect the
steady perseverance, unblemished integrity, and
sterling humanity of those who, we trust, will no
longer be regarded as strangers in the land ;
while Englishmen, in turn, may forget the paltry
spirit of depreciation, which leads to the injurious
and resulting notification, that " No Irish need
apply," which betokens the inherent vulgarity of
the narrow mind by which it was conceived and
promulgated. We shall not recal the memories
of the illustrious dead, to show that Irishmen can
faithfully and efficiently discharge the most im-
portant duties that could be intrusted to the
hands of ordinary men. With so many and such
brilliant examples, we need not disturb the ashes
of those who, while living, were honoured, and,
when dead, were lamented. The Irish Exhibi-
tion—the magnificent result of the boundless
liberality, unflinching zeal, and indefatigable per-
severance of a few individuals of the middle class
—will furnish sufficient illustrations. The names
of WILLIAM DARGAN, CT/SACK MONEY, and JOHN
BENSON, will furnish an adequate reply to the
despicable and paltry calumny—will for ever re-
move the distinctions which badly-disposed and
weak-minded individuals have endeavoured to
establish between the equally loyal and equally
industrious English and Irish subjects of Queen
VICTORIA.

Among the causes prominently put forward by
the friends and admirers of the Directors of the
Bank of England, as affording ample justification
for the recent increase in the rate of discount,
are "the rise in wages and general employment
of the working classes, so that every family, in-
cludingthe those that were previously destitute, have
nacir°:rcuia:sepotonisseonamutie7e;rage, two or three sovereigns in
and the demand for an increased
prices,,, These,
the larger payments caused by
~
evils,
itritaihensec.icourenTthese, then, are some of the
mgneadirdnimaon‘fso-I,:vaich it is the imperative duty of the
lators of the circulating
that must be sum rY to repress—the nuisances
what may be the rilY abated. No matter
ems
our
beyrintghetoatttheempint-.
amount
iof
Adunsytriiomupsrpoovpeumlaentiton
ino v:ages.
Ashy Increase
t be checkedto be
Aa
nyd i Islinn g t oo of
work en-
with stern determination.
ployment, so that those able
should be certain of occupation,
enabled to earn their daily bread by their daily
labour, must be steadfastly discountenanced, but
the mere notion that families " previously destitute
should each have two or three sovereigns in their
possession !" available for any exigency, and set
aside for m.common events, was enough to
strike terror into the heart of every Ca-
capitalist, to excite commotion in Lombard-
street, and make every directorial hairintlie
bank parlour stand on end ! Two or
three sove-
reigns in the possession of every family! Mon-
strous ! Even including those previously desti-
tute ! Horrible ! Atrocious ! Enough to shake
society to its very foundations—to make the arti-
sans and operatives aspire to the enjoyment of
comforts that should be placed far beyond their
reach—which even their sanguine day-dreams
'should not venture to anticipate. Praise, then,

the sagacious Directors. Oh, ye moneyocrats, sing
pceans in honour of the provident regulators of
the circulating medium—the cautious magnates
of Threadneedle-street.

But whatever may be the views and opinions of
the " men made of money," whose hearts have
long since changed their characters, losing the
attributes of mere flesh and blood, after under-
going the approved process of induration in the
Temple of P/utus, who are enchanted at the
notion that " the natural augmentation of prices
which occurs has the salutary effect of compelling
men to content themselves with less food because
they can afford to buy less ! ! !"—what, we ask,
will be the feeling of those who are to be so
coolly sacrified at the shrine of wealth, and whose
compulsory abstinence is regarded as such a master
stroke of policy ? Will they likewise approve of
this cold-blooded wisdom ? Will they consider
it right or proper to prevent production—to
diminish the National Revenue ? Will they con-
sider it expedient that the price of money must
be upheld at any cost or under any circumstances,
and that they are to return Representatives to
Parliament for the purpose of maintaining a
stringent code of laws, in order to place enormous
power in the hands of men capable of using it in
such a manner, and with such objects ? We ven-
ture to believe that, when their attention is
directed to the matter, they will be enabled to
understand its permanent importance, and to per-
ceive the imperative necessity of agitating for
Monetary Reform—the repeal of the iniquitous
Acts of 1819 and 1844, and the establishment of
" free trade in money," and of a circulating me-
dium adequate to the wants and exigencies of the
country.

We, at least, have nothing to reproach our-
selves with on the ground of indifference and care-
lessness on this deeply-interesting topic. Long
and earnestly we have laboured in the cause, en-
deavouring to impress upon the public mind the
fact that our monetary code, and the extraordi-
nary restrictions thereby placed upon the issue of
bank notes, and the consequent stagnation of
" the very life-blood of industry," were the real
causes of the national distress. Our arguments
were combated. Every reason but the right one was
assigned for the commercial crisis that paralysed the
national industry, and hurled to the earth first-
class houses, involving bankruptcy and ruin to
firms which it had taken generations to establish
in the high position which they occupied at the
time of their downfall. Much of the mischief
was ascribed to the vast expenditure on rail-
ways, which the country (forsooth) was unable
to afford, but at length the real exciting
cause of all the mischief has leaked out, and that
on authority which the bullionists will not be in-
clined to question or dispute. The Bank Di-
rectors adopted measures to produce " the
salutary effect of compelling men to content them-
selves with less food, and therefore they put on the
screw," and maintained it with such fearful per-
tinacity. It is true that in that instance they
were not altogether willing agents. The iniqui-
tous Act of 1844 enforced the stringency on
that occasion ; but they are now voluntarily, and
without any possible necessity, resorting to
similar proceedings, and have actually raised
the minimum, interest to the same rate
at which it stood on the 25th of October, 1847,
before the issuing of the celebrated letter which,
by virtually suspending the Act, effected a speedy,
almost an instantaneous, cure. We had hoped that
the discoveries in Australia and California, and
the enormous quantities of bullion that have been
imported from the auriferous soil into this country
would have prevented a repetition of the mischief.
Such unfortunately has not been the case, and,
therefore, nothing remains but to revive the
agitation for monetary reform which for some
time has been suspended.

THE LORD MAYOR.—The Lord Mayor is recovering
from the effects of the recent accident on the Great
Northern Railway, although still suffering from pains
in the head, and from want of sleep.
ROYAL POLYTECHNIC INSTITUTION.-Her Majesty
Queen Christina, of Spain, and her Court, honoured this
institution on Saturday, and spent some hours in exa-
mining the different models and works of interest.
Several ladies and gentlemen of the Court made a voy-
age in the diving bell.
DEATH OF GENERAL SIR NEIL DOUGLAS, K.C.B.—
Lieu t-General Sir Neil Douglas, K.C.8., and K.C.H.,
colonel of her Majesty's 78th Highlanders, died at Brus-
sels, on the Ist inst. This distinguished officer entered
the army in 1801 ; served with the 79th at the siege of
Copenhagen, in 1307 : with the expedition to Sweden,
in 1808 ; and subsequently to Portugal and Spain, in-
cluding the battle of Corunna ; expedition to Walcheren
and siege of Flushing, in 1809 ; the Peninsular cam-
paigns from December, 1809, to January, 1311, and
again from April, 1813, to the end of that war in 1814,
including the defence of Cadiz and the battle of Busaco
—wounded through the left shoulder joint by a ball and
by another in the left arm ; battles of the Pyrenees,
Nivelle, Nive, and Toulouse. Served also the campaign
of 1815, and was severely wounded through the right
knee by a ball, and contused from a ball hitting a but-
ton, at Quatre Bras. Sir Neil received a cross for the
battles of the Pyreness, Nivelle, Nive, and Toulouse.
He was colonel of the 81st from July, 1845, and only
of late held the colonelcy of the 78th Highlanders.
FUNERAL OF THE LATE LIEUT-GENERAL SIR C. J.
NAPIER.—The funeral of this ()Teat soldier which has
been fixed to take place on Friday next, at the Garrison
Chapel, Portsmouth, will not be a military funeral, but
it will be attended by the Commander-in-Chief, Lord
Hardinge, the Earl of Ellenborough, and a large num-
ber of other military officers of distinction. A requisi-
tion has been presented to the Mayor by members of the
Town Council of the borough, asking him to call a spe-
cial meeting of that body, in order to make arrange-
ments for their attendance at the funeral, and so show
the appreciation in which the inhabitants of Portsmouth
held the talents and the services of this great man. It
is also understood that the Masonic brethren of the lo-
cality will pay their tribute of respect to the memory of
the deceased general who was a distinguished member of
the order, and one of its zealous supporters.
MR. DISRAELI, M.P., AT AYLESBURY.—The Right
Hon. B. Disraeli, M.P., is to meet his constituents at
the annual gathering of the Royal Bucks Agricultural
Association at Aylesbury, on the 14th inst. Mr. Du
Pre, M.P., has also accepted an invitation to attend.
The dinner is to take place at the George Hotel.
THE LATE LIEUT.-GENERAL SIR WALTER RALEIGH
GILBERT, BART., G.C.B.—A monument is intended to
be erected to the memory of this gallant officer, whose
achievements in the Punjaub campaigns place him
among the most distinguished soldiers of the Indian
army.

The letters from Rouen mention that the market for
manufactured goods was quiet without material change
in prices.

In the Amsterdam advices it is stated that a few
second-rate houses have just failed in the oil and corn
trades.

BRITISH ASSOCIATION FOR THE ADVANCEMENT OF
SCIENCE.—This society will commence its sittings for
the present year at Kingston-upon-Hull to-morrow,
under the direction of Lord Londesborough, Sir J. C.
Constable, Bart., Lord Hotham, M.P., Captain the
Hon. Arthur Duncombe, M.P., Lord Goderich, M.P.,
the Hon. F. C. Lawley, M.P., Mr. W. Wells, M.P.,
the Mayor of Hull, and the Rev. J. H. Bromby, the
committee who were elected on the 4th of December,
1852, together with several other influential gentlemen,
whose names have since been added to the list. The
business to-morrow will commence with the election of
officers, and in the evening the president elect will de-
liver his inaugural address. Upwards of 70 papers have
already been received on various branches of science,
and these will be referred to the different sections. A
great number of excursions have been arranged for, and
the meeting generally is expected to be one of a very
attractive character.

DEATH OF AN ACTOR AND DRAMATIST.—Mr. John
Wilkins, a young actor of considerable ability, attached
to the Sadler's Wells company, and a dramatic author
of more than ordinary talent, as his five-act play of Civi-
lisation, in which Mr. Anderson sustained the principal
character, and several other dramas from his pen, abun-
dantly prove, died suddenly on Monday week. He
played Hecate in Macbeth on the Saturday preceding
his death, in apparent good health, and on Monday
morning he was a corpse. What renders his sudden
decease most distressing, is the fact that he leaves a
widow far advanced in pregnancy, and two orphan chil-
dren of tender years, completely destitute.
THE LATE D. M. MOIR (" DELTA").—It is with much
pleasure that we are able to announce that; the name of
the widow of Mr. D. M. Moir, of Musselburgh—so
well and widely known in the world of letters as the
"Delta" of Blackwood's Magazine—has been submitted
tie. the Queen by the Earl of Aberdeen for a pension of
0111:04v
oe year,
the Premier'sandtlmti erre Acloanjlemsteyndhaatsiobne.e_n
.6p,cliel'ansbeadivtiot
Advertiser.

THE LATE FIRE IN THE EDGWARE-ROAD,—Mr. G. S.
Brent held an inquest yesterday on the bodies of Thos
and Sarah Daniels, husband and wife (the former a
of age, residing
Chelsea pensioner), aged respectively 57 and 79 years
ro who were burnt to death in their apartments
at No. 8, White Lion-place, Edgware-
road, on the morning of Saturday last, whilst in a state
of intoxication. It appeared from the evidence that
they had been qr.arrelling together previously,
and that the husband, who was an out-pensioner of
Chelsea Hospital, and had drawn his money that morn-
ing, was heard to swear with an oath that he would
burn the house down. No clue could be gained as to
the origin of the fire, and the jury returned an open
verdict.

MONEY MARKET

AND
CITY INTELLIGENCE.

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool yesterday were
about 5,000 bales, of which 1,000 American were
taken on speculation. The market was heavy,
without alteration in prices. The sales comprised
4,400 American, 50 Pernam and Maranham at
bid. to Bd., 50 Bahia at 6d., 250 Egyptian at
60. to 9d., and 300 Surat at 30. to 41d. per lb.
The Share arket opened firmer, but closed very
flat.

The following figures show that Canada is pros-
pering in a degree not to be surpassed by any
place :

Customs.

Public
Works.

Receipts in money from Ist Jan.
to 23d July, 1853 -P468,927 ... £51,719
Do. do. 1852

Difference in favour of 1853 £138,593 £15,337
If the revenue augments in the same proportion to
the close of the year, the Customs in 1853 will
give about 997,6901., being an excess over last year
of 292,1721., when they gave 705,5181. At the
same rate, the Public Works will give this year
103,277/., while last year they gave but 61,5001.
The total revenue of this year may therefore be
estimated at 1,204,4581., allowing that all the other
sources remain at a stand.

The lumber trade of New Brunswick has grown
very largely within a year past, in consequence of
the change in the British navigation laws, which
throw open to foreign vessels, on an equal footing
with those of Great Britain, the trade between
British ports. Under this system, many Ame-
rican vessels engaged in carrying freight or emi-
grants to American from British or Irish ports, go
to St. John's, N. 8., and take return cargoes of
deals. The increased demand thus created, has
caused great sales of timber lands to supply the
market. A Fredericton paper of the 20th ult.,
for example, tells us that on the last three days of
the previous week, an intense excitement has been
witnessed at the Provincial Land Office there, very
extensive sales of timber berths having taken place
for different counties, the receipts reaching 4001.
in the period mentioned. The same journal re-
marks that so numerous a gathering of the leading
operators, and such keen eagerness as was appa-
rent in every face, was never witnessed before.
Since Saturday, when there fell due such a large
amount of commercial bills, money has been some-
what less in demand, but it cannot be stated that
discounts are obtainable on lower terms. Gold is
still required for the Continent, and the immense
quantity of corn available for England in the Da-
nubian provinces, is enough, it is said, to freight
upwards of one thousand ships, owing to
the accumulation and the delay in the exports
during the Eastern crisis. At a moderate cal-
culation we shall pay in part with manufac-
tures, but it is to the United States we must look
as the best barter customer. At the latest date
cash was more plentiful in New York, and the im-
ports of specie from California were large. Here
we have satisfactory arrivals, but the amounts leave
us almost as soon as they come to hand.
The silver by the Daedalus has found prompt
buyers for remittance, not only to the East, but
likewise to Hambro' and Amsterdam, partly in ex-
change for gold. There is scarcely a more debate-
able point just now than that of the probable future
value of money. Some think it will be yet dearer
this year, while others look for a reduction. Much
evidently depends upon the state of the weather
from this time until the harvest is secured, for
although the past deficiency cannot be made good,
further loss may be prevented, so much being yet
unhoused.

The English stock market was very flat at the
opening, Consols being 974 to 1, or even worse
than they left off last evening, when speculative
sales were made to some extent. It is probable
that the cause of these operations is the rumour that
the Eastern question is again unhinged, and likely
to occasion difficulty, but in the best-informed circles
it is believed that there is no probability of a mis-
understanding. The present price of Consols is
about 971 E. Bank Stock has been heavy at 227.
The New 31 per Cents. have realised 1001 to a ; and
the 3 per Cents. 97i to 98. Exchequer Bills are
heavy at 2s. to 3s. discount.

In Foreign Stocks the transactions have been of
very little importance, and the quotations, there-
fore, are merely nominal. Mexican Bonds have
been done at 26t to ; Grenada are worth 22 ;
Brazilian New Four-and-a-Half per Cents. have
been marked 99 ; Sardinian Bonds are at 96 ; Pe-
ruvian Four-and-a-Half per Cents. are about 82
to 83.

In the English Railway Shares the transactions
have been much more limited, and prices have not
recovered generally the partial decline which oc-
curred yesterday afternoon by sympathy with
Consols. Caledonian, North-Western, Midland,
and South-Eastern have been cheaper. Great
Northern are very firm. The French lines are
also depressed, and the business doing in them is
upon a contracted scale, although holders do not
force sales.

In the Gold Mine Shares there has been scarcely
a bargain, and the Land Companies have not im-
proved. In the Australian Banks there has been
much less doing, and a want of buoyancy again.
prevails.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
( From the Official List.)
Business done.
Bank Stock . .. . 227
per Cent. Reduced Annuities ......... 98 7i 8i
3 per Cent. Consols Annuities 974 4
New 31 per Cent. Annuities.......
Long Annuities, Expire sth Jan., 1.60 5 15.10
Ditto 30 Years, Expire sth Jan., 1860
India Bonds, £lOOO ...... . . .............. lO
consols for Account Bth September 97i
Exchequer Bills, ld.
£IOOO
1:500 .......................................... 2 3 d
Small

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Israzilian Bonds, 5 per Cent —
Ditto New, 1852, 4i per Cent 99
Grenada Bonds, Ex. Dec., 1849, Coupon 22i
vlexican 3 per Cent.
Sardinian Bonds, 5 per Cent..
HALF-PAST TWO.

Consols 97/
Ditto September Account 974

MARKET NE WS--(T1:118 DAY.)
SUGAR.—The market is firm, and the public sales are
COLONIAL.
expected to go off well, holders evincing much confidence.
The quantity of British Plantation landed last week at
the East and West India Docks was 2,485 hhds, 240
tierces, 1,506 barrels; there were taken for home consump-
tion 1,721 hhds, 143 tierces, 768 barrels. The stock in
the same places is 10,800 hbds, 1,691 tierces, 3,736 barrels.
Refined low to fine grocery lumps have been sold at 465.
to 48s. 6d.

COFFEE.—The market is very brisk. A large parcel of
Native Ceylon has been taken at 485., owinc, to the Dutch
auctions going off so well. Plantation is also higher, and
the coloury sorts are brisk. Native is firm, at 475. 6d. to
48s. for good ord.
R M.—The quaniaty landed last week at the East and
West India Docks was 365 puns, 3 hhds; there were
taken for home consumption 254 puns, 6 hhds, and ex-
ported 145 puns, 346 hhds. The stock iu the same places
is 8,031 puns, 596 hhds.
RlCE.—Bengal-3,874 bags at auction w 9 all taken in
at 14s per cwt for good white, being held very firmly.
SALTPETRE.-573 bags Bengal at auction partly sold at
28s to 28s 6d, for good and fine 5 to 4 per cent refraction.
ARROWROOT.—St. Vincents-61 barrels sold publicly at
34d. to 40.

GINGER.-118 barrels Jamaica sold at 42s to 65s for
small to mid white.
TALLOW.—P.Y.C. is Ms per cwt on the spot, and town
52s 9d.

TEA. —There are large sales now in progress, which will
not conclude to-day, but the biddings are not brisk.

HAY MARKETS.
SMITHFIELD.—Old meadow hay, 4/ Os to 5/ 5s ;
new ditto, 2/ lOs to 4/ Os ; old clover, 5/ Os to 6/ Os ; new
litto, 3/ lOs to 5/ Oa; and straw, 1/ 8s to 1/ 16s per load.
A moderate supply, and a steady demand.
CIIISIBERLAND.—OId meadow hay, 414 s to 5/ 8s Od ;
new ditto, 2110 S to 4/ Os • old clover, 5/ Os to 6/ Os ; new
ditto, 3/ lOs to 5/ Os ; and straw, 1/ 8s to 1/ 16s per load.
Supply tolerably good, and trade dull.
WHITECHAPEL.—OId meadow hay, 4/ Os to 5/ 5s ;
new ditto, 2/ lOs to 4/ Os ; old clover, 5/ N to 6/ Os ; new
ditto, 3/ lOs to 5/ Os j and straw, 1/ Ss to 1/ 16s per load.
Trade steady.

STATE OF TRADE.—The accounts of the state of
gthththe
.b,
v; us t
ettee with
i business
activityishsds
disfavour,
asiwi
cnaootnuutohrni
ate diminution
nany towns
quarter, during
with
n epsteax_
of
~!eption, perhaps of Manchester, of the extraordinary
sbbesyiontglioi
the Bank,
lacpnorkne:veaidni lsaetdse,aadt hnoelfe
abseuimeasure advance
trileagitan
rndtmehyde
sail further sustain trade, by checking a fresh rise in
raw material. The Manchester report indicates a quiet
market and a slight reaction in prices. At Birmingham
there is unlimited employment, the steady demand for
manufactured iron still rendering it difficult to induce
the various firms to take orders at existing rates.
Copper also remains firm. At Nottingham the hosiery
purchases have again been extensive, especially for
.-hipment to Australia and the United States. The
scarcity of hands still prevents the supply of goods
from being adequate, and a very large auvance in wages
has just been conceded to that numerous class of the
operatives of the town who were last year apprehending
ruin from the introduction of new machinery. In lace
the transactions, as is usual at this period, have been
limited. From the woollen districts the statements
consist merely of a repetition of the details of unlimited
prosperity, while from the Irish linen markets also it is
mentioned that animation is everywhere observable ;
and that, in the face of rising prices, the quantity of
goods brought forward is yet far from meeting the
pemand.