The Sun.
London, England, 1853-02-05 00:00:00

THE WOOLLEN TRADE.

(From the Leeds Mercury of this day.)
%SIAN WOOL MARKET. —The year 1853 is un-
doubtedly, for our German wool trade, a year on which
the great hopes of many for the improvement of prices
of the raw material are attached. The regular good
flake of wool, which have been effected since the clip up
to the present time, not alone to our inland manufac-
turers and combers, but chiefly by the great and con-
tinued demand for England and France, have emptied
our stocks to such an extent as was scarcely to be
expected. The increased consumption, as well as the
diminished quantity of coloured wools, imported into
the English market, and the deficiency in the shearing
of last year in our country, account for this state of
things, and it was natural that the prices of all
descriptions of wool should creep up, and in-
duce the contractors to pay higher prices for
the coming clip. Great expectation of the result
of the coming wool fairs prevail throughout the whole
country, and the demands of the farmers are at present
so extravgant that no reasonable business is, just now, to
be done ; but by far the greater quantity of the wool is
already secured by the contractors. More has been
contracted for than in former years, and it is not un-
likely that the quantity of wool in first hands brought
into the fairs will be comparatively small. The month
of January has been very favourable for the wool trade ;
a great deal of business has been done lately. The re-
naining- stock of good markish and Pomeranian wools
has been taken out of our market for the English trade,
and higher prices have beea paid for it than hitherto.
lOw fleeces there has been a large business done for
England, which has created rather a sensation. The
prices of this article, which was neglected, went up a
few dollars per. cwt. Prices paid for those low fleece
Wools (which contain locks, &c.) ruled from 35 to
50 r.d. per cwt: The same lively demand has existed
for low coarse skin wools, of which large quanti-
ties have made their way to England and Scotland.
Fine cliped wools were sold at 54 to 62 r.d. per cwt.
The weather being very unfavourable for drying this de-
scription of wool, t, causes it to be rather scarce.
LIVERPOOL WOOL MARKET IN JANUARY.—The local
Monthly circulars are highly satisfactory. The past
Month opened with great activity, which has continued
throughout, and the sales, both on the spot and in the
country have been very considerable, and in all cases at
advanced rates. The stocks of all kinds of foreign
Wools are so completely exhausted, that quotations can
hardly be given at present with any degree of exactness.
the great difficulty is to meet with the kinds required,
and in such cases buyers have in a great measure to
yield to the pretensions of the sellers. There is very
little on the way to this country from any of the Euro-
Pean ports, where supplies are universally reported to
be light, and if the demand continues, prices are likely
to become considerably enhanced in value. The quantity of
home wools left in growers' hands is small, and they are
held, far above the highest rates that have been yet obtained.
Mestizo
Plate wools continue in fair request for merino and
zlestizo, nothing good on hand, Cordova is sought after,
sales having been made at 94d. to 10d. per lb., and they
are now firm at the latter figure. Mogadore is in de-
'nand, the sales have been confined to a few small lots in
second hands. Mediterranean of all kinds much in-
quired for, particularly Egyptian of good length, but all
serte extremely scarce ; there have been several sales
made for arrival, but not to any extent. Alpaca is in
good
demand at 2s. 9d. ; also Mohair at 2s. 2d. to 2s.
rs• per lb. The next series of public sales in London has
en fixed for the 13th inst., when about 30,000 bales of
forward,
Cape, and East India, &c., are to be brought
Zrward. More than the usual interval has elapsed since
the last public sale of colonial wools, there is conse-
quently very little left in the hands of the trade ; a brisk
bpetition may therefore be expected, and a consider-
advanceki will, no doubt, be established. For all
rids of Scotch the demand has been very active, and
some sales of Laid Cheviot have been made to send back
Scotland ; as high as 20s. per stone of 24 lbs., has
-ren paid for second rate parcels. In Irish wools there
'as not been much doing for France, but there is a good
AAlMiry
' for the home trade, and prices are well sup-
Feted.
• The London wool market this week is very firm. The
have into London during the week ending to-day
N'e been 551 bales, of which 202 were from Germany,
„Lee from Belgium, and 191 from the Cape of Good
'''''ol3e. In the foreign wool market we have had only a
quiet market again this week—the near approach of the
London sales, and the uncertainty as to future prices,
ltying influenced to some extent the operations of
uuyers. In the Liverpool wool market there has been
agood demand for wool at stiff prices. The imports of
the past week are-411 East India, 3 Lisbon, 6 Con-
stantinople, 1,300 Peruvian, 1,390 Alpaca.
The woollen cloth market of Leeds has been rather
dull this week. There was only a limited business done
ni the Cloth Halls on Saturday and on Tuesday, the
Weather was so foggy and dark that it was almost im-
possible to transact business ; the consequence
Was, there was a very thin attendance of mer-
chants in the halls, and a very flat and quiet mar-
ket. Prices are very firm. We believe a very large
business would have been done on Saturday, espe-
cially in the White Cloth-hall, if the manufacturers
would have taken a little less for some of their goods ;
but a very slight reduction would have cleared some
considerable lots. With the high price which now rule
for ail the raw materials used in the manufacturing of
Woollen cloths, we believe the manufacturers have con-
siderable difficulty in producing goods at present prices,
and it is quite impossible to replace present stocks at the
same rates. Business in the home trade has been slack
drying the present week, but the shipping houses con-
tinue brisk and active. The trade of the woollen dis-
trict continues in a good and satisfactory state. There
has been a full average business done during January,
both in the cloth-hall and in the warehouses. The mills
in the clothing villages are in good work, and the opera-
tives generally well employed.
ROCHDALE FLANNEL MARKET.—We have had a
rather flatter market to-day than that on the preceding
Monday. The wool market has undergone little change;
the manufacturers show no disposition to buy at present,
under the impression that prices have reached their
highest point.
BRADFORD MARKET, FEB. 3.—The worsted market
was very quiet in character, no feature of importance
presenting itself for notice. The spinners are well sup-
plied with wool, and all are waiting the result of the
sales now coining on. There is no movement in the
yarn or piece trade. Employment is steady and full.
TRADE or LEICESTER.—The home demand for hoseiry
continues steady in the warehouses, and the execution of
orders for the Australian and Can'adian markets. Pre-
sent prices, however, in worsted yarn are not obtainable,
but the confidence that they must be eventually realised
h,.has prevented the workmen from shorter employment.
The demand for cotton hose is extensive, and relieves
the labour market. Although raw cotton has Yeeeded
a trifle, the supply of brown cotton yarns suited, to our
manufacture barely keeps up to the demand, whilst blue
greys are most difficult to obtain. Worsted spinners are
not yet able to obtaia the advance on wools, and experi-
ence a difficulty in making sales. Wools remain steady,
at their advanced price. The increase of the rate of dis-
count by the Bank of England will have a tendency to
check speculation, whilst the lightness of stock in the
hands both of the grower and the woolstapler may at
least keep present prices firm.

MINING INTELLIGENCE.

(Prom the Mining Journal of this day.)
MINES.-During the week, there has been a very
active business doing, particularly in the dividend-
Paying mines, and those of good repute ; and a pretty
general advance has taken place in the prices. South
Caradon have risen from 1551. to 1851. and 2001. West
Caradon, from 2901. to 3001. Basset, from 5751. to 6001.
East Daren, from 871. to 951. Gonamena, from 9/. 10s.
ft,Fc, 101. 10s. Merllyn, from 4/. ss. to 41.' 15s. and Si.
41417 Ann from, 311. to 331. Caradon Consols, from
12/. to 151. Craddock Moor, from 431. 10s. to 511.
trrelYon Consols, from 51.105. to 91. 10s. North Damsel,
"heal Norris, Boscean, St. Day United, and several
other promising concerns, are in considerable request.
In the Metal Market, Copper advanced during the
Week 181. 10s. per ton, equal to 2d. per lb. ; the present
Price being for Sheets ls. 2d. per lb., and 1261. per ton
r Cake.
dollare bullion market, Mexican and South American
48. nil per oz. ' Bar silver containing gold
(all gold above five grains in the pound to be paid for),
°B lid. per oz. standard. Bar silver, without gold,
per oz. standard. Bar gold, 775. 9d. per oz.
atandard Spanish doubloons, 775. per oz. Columbian
doubloons, 765. per oz.
, The sale of cop per ore at Thursday's ticketing was
;355 tons, amounting to 30,8321. 10s. 6d., the average
produce and standard being 6i, 1611. 18s. The corres-
Ponding sale last month was 3,293 tons, produce 6g,
147 j. 18s., showing an advance of 131., equal to
Per ton on the ore.
D
Court Grange, Dyliffe, Llechwydd-du, Black Craig,
undalk, Driggith, Nancekuke, and Great Wheal Bad-
'Jen; have sold lead ores during the week.
,„Treyelyan, Charlestown United, Union, Boscean, and
'l-elurearne and Tregunstis, have sold black tin.
leengearne and Tregunstic Mine sold lf ton of tin, at
60/. per ton.
Pellhale Consols sold 20 tons of silver-lead ore on the
anuary.
At lydford Consols, 16 tons of lead ore have been
ee•hlPled.
At Boringdon Consols, 33 tons of lead ore have been
tillthis week. The mine is looking remarkably
; several
parts the levels are laying open good
bate
ground.
great improvement has taken place in the Keswick
V_.xl`.les---the lode in the 30 fin. level south, at Brandley,
ng worth 25 cwts. of ore per fin.
From New York we learn that the Gardiner commis-
'u
clappers, recently appointed to examine the silver mines
imed
afte b a
fruity
less Col.
expedition. Gardiner, in Mexico, have returned,
r
_ aFsrom Valparaiso (Dec. 15th), we learn that copper
in great demand, everything coming forward being
ready bought up, and that large purchases had been
effected for the United States and France, at advanced
rates.
In the market for gold mining shares great stagnation has prevailed. There has been a decided disposition to
operate ; and prices, in sympathy with the other depart-
Melds of the Stock Exchange, have shown a constant
drooping tendency.
. the market for miscellaneous shares, including
In
insurance, steam-packet, bridge, gas and coke, water-
observable canal, docks, and other undertakings the activity
observable a few months back, when such remarkabl
ease prevailed in the money market has passed off, there
eing no longer any brisk demand for investment ; prices
however are well supported. The inquiries for bank
shares continue, andthe market for this description of
property consequently maintains on the whole a firm ap-
Pearauee,

AMERICA.

ARRIVAL OF THE PACIFIC.

W.A. V
LIVERPOOL, FRIDAY.
By the United States' mail steam-ship Pacific,
we have advices from New York to the 22d ult.
She brought 54 passengers, but no specie.
The Pacific passed Holyhead at two p.m. yester-
day, but was compelled to come to anchor at six
p.m. on account of dense fog, and did. not arrive
till seven o'clock this morning.
The screw steamer Andes, Captain Hutchins,
arrived at New York from Liverpool on the 21st
ult.
The Royal mail steamer Europa, Shannon, com-
mander, arrived at,Halifax on the 20th.
The proceedings of Congress do not possess any in-
teresting features. The debate on the Monroe doc-
trine as applied to Cuba, was resumed on the 19th
and again adjourned. A message from the Presi-
dent had been laid before the Senate respecting the
refusal of the Indians in Florida to migrate to the
country west of the Mississipi assigned to their
tribe.
The following is the conclusion of General Cass's
speech in this debate :

" We have evidently reached one of those epochs in
the career of nations to which the historian of their de-
cline and fall looks back, in his searching investigation
into the causes of their fate. Our duties are plain—
noble, indeed, and our position invites them to fulfil
them firmly and fearlessly. The progress and improve-
ment in all the great branches of human industry, and
especially in these which relate to the inter communica-
tion of nations, and to the benefits that each may
derive from all, by the interchange, as well of knowledge
as of material products, have brought the human family
more closely into contact than at any former period,
and have opened interests which have, if not new,
become much more powerful in their extent and
operasion, and which gave some degree of unity to
the public feeling of the world. We cannot with-
draw from this great association—we cannot isolate
ourselves from the common sentiment of the age, nor
ought we to do so if we could. Our place is assigned to us
by events, almost beyond our control, and as we will fill
it worthily or unworthily, the judgment of the future will
pronounce us the inheritors of the spirit, as we have
been of the labours and sacrifices of the men of the re-
volution, nr craven descendants, false to their principles,
as to our own honour. lam well aware, Mr. President,
that such views expose a man to a great deal of obloquy
in this country. I have experienced all that in common
with many others. But neither the advent nor the ap-
prehension of it has deterred me at much earlier periods
of life, and certainly will not deter me now, when that
life is fast drawing to a close, from the expression of an
earnest hope that the American name and fame will be
maintained by the American people, with the bright-
ness of true glory, undiminished by the neglect of a
single deed, or the commission of a single deed
which national honour may require we should do
or leave undone. There are men—American citizens
even —who cannot appreciate sentiments like these ;
who disbelieve in their existence, and who deride
and denounce all those who avow them as demagogues.
I have seen a great deal of this political perversity—
this unpatriotic pre-disposition—which prompts many
men to take part always against their country, whatever
be the 'position in which she is placed. Ido not recol-
lect a single controversy in which we have been involved
with a foreign power, since I have been on the stage of
action, when the whole sentiment of the country was
united in the cause of the country. I doubt if there is
another people on the face of the globe whose history
presents so many instances of this want of true national
pride, patriotism rather, as our own. Whether it re-
sults from any peculiar political idiosyncracy I know not.
Or whether our party feelings are so strong that we are
blinded by them, and led, in their vehemence, to think
that .all is wrong our opponents do, or it may be, at any
rate so far as England is concerned, that some of the
old colonial level still remains, which leavens much
of the lump—be it one or the other, or whatever else
—the deplorable consequence is certain, and the senti-
ment of Decatur not less noble than just, "Our country,
right or wrong," which, being truly understood—felt,
rather—means, that when embarked in a controversy
with a foreign nation, it becomes every true citizen, after
the course of this country has been decided by the con-
stitutional authority, to submit to that decision, and to
support her cause, and not the cause of her foes. But
returning from this aggression, if it can be called one,
more immediately to the subject, I would observe that
conservatism and progress, as they are called, designate
.principles, positions rather, which are useful in their
moderate, but injurious in their extreme application.
In the meantime, we desire that we may be left free
in our career, rightfully free, unimpeded by tor-
tuous European pohcy or project of aggrandisement upon
this continent; and every American who participates in
this sentiment will be ready to proclaim it, as these reso-
lutions do, and abide by it, in safety and in danger. We
do not intend to be circumscribed in our expansion, nor
do we intend to have this hemisphere ruled by maxims,
suited neither to its position nor to its interests, and di-
vided into political communities, dependencies of Euro-
pean monarchies, or under their influence, and therefore
liable to be involved in every war breaking out in the old
world, and thus extending its dangers and its ravages to
the new ; and by which means we should be exposed in
all time to come, to have our lines of communication with
our Pacific coast interrupted, our commerce cut in two,
as Lord George Bentinck said, and wars entailed upon
us, agreeable to the moral code of Blackwood, that imper-
sonation of English Tory feeling, as " blessings to man-
kind," together with all the other vexatious annoyances
which such a state of things could not fail to bring with
it. If this is not to be our destiny, we must be pro-
gressive till the great objects are accomplished, and
then just as conservative as may be necessary to
maintain our high position in the world, our free institu-
tions, and all those elements of individual national
prosperity which God has given to us, and which, I
trust, man will never be able to take away. This will be
the truly American Union of progress and con-
servatism."

The Canadian Reciprocity Bill had. been under
consideration b. y the committee, who had decided
upon the main principles which should govern
them, but had not concluded as to the details.
The shipments of sugar from Cuba for 1852 were
stated to be 331,881 boxes to the United States ;
24,884 to Great Britain ; 241,632 to Cowes and a
market ; 45,739 to the Baltic ; 41,325 to Hamburgh
and Bremen; 17,607 to Holland; 35,024 to Belgium;
154,275 to Spain ; 62,818 to France; 48,434 to
Trieste and Venice ; 2,500 to Leghorn. and Genoa ;
and to other ports 11,907 boxes—giving a total of
1,017,486 boxes, against 1851 of 1,237,089 boxes.
We find the following telegraphic communication
in the New York papers
" NEW ORLEANS, Jan. 18.
" The brig America, from Vera Cruz, reports that
the City Castle, on the evening of the 28th of December,
declared in favour of the revolutionists."
Previous advices to the sth ult. do not mention
such an occurrence.

"NEW ORLEANS, Jan. 19.
"The Mexican news is generally meagre and unim-
portant, brt is favourable to the revolutionists.
"The Carthagena papers say that Santa Anna is
making preparations to return to Mexico immediately.
" The Mexican Senate has not acted upon the Tehu-
antepec question.
"The State of Cordova has joined the insurgents, and
Orizaba was hourly expected to do the same."
BALTIMOICE, Jan. 19.

A correspondent of the Nueces Valley Gazette,
writing from Brownsville on the 23d ult., says :
" The revolution has been proclaimed in Monterey,
and it is rumoured that Caravajal was there. Colonel
Montero, of the regular Mexican army, was captured by
him. Canales escaped when Cardenas was arrested, but
it has since been reported that he was murdered by some
rancheros. General Morett had got up a pronuncia-
mento and was marching on Zacatecas. The regular
forces had been again defeated by the revolted national
guards, and returned to Matamoras badly cut up."

from
H h on
correspondentavannaof
the 15th
aNewYork
ult.,
tapaspetre, s
thawritingt
a
British subject, Mr. Boylen, had arrivbeedenateHxpaevlall
nah from St. Jago de Cuba, having ,
from the latter place by the Governor-General,
Medenilla, who would not give him any explana-
tion of such a proceeding.
A letter, dated San Juan del Norte, January 2,
states that Belize, or British Honduras, has been
elevated to the position of a colony, the superin-
tendent converted into a sovereign, and a constitu-
tion given to the people. The letter also notices
the prevalence of a rumour to the effect that the
Central Americans had possessed themselves of the
Port of Limas, from which they were ejected in
1851 by Her ajesty's schooner Bermuda, and
again hoisted the Central American flag in the room
of the Mosquito.
In the New York stock market there was an
active demand for most descriptions of Government
and State stocks, and prices were well sustained.
The money market was easy at 7 per cent. for
prime business paper at three to four months..
Foreign exchange in good demand. Bills on Lon-
don (60 days), 109# to 1098 • Paris, 5.15 to 5.13
Amsterdam, 41f to 41i ; Hamburgh, 36/ to 364 ; ;
Bremen, 79g.

The co- ttoi market was active, but without alter-
ation in price. The sales for tke three days were
5,900 bales. Little or no change to notice in the
flour market ; the Europa's
A.accountsfair had not pro-
duced any marked effect.
were businessuth
ehrand
been done in wheat, and holders,
firm. Indian
eo
corn had slightly declined, prices closing
and
at 70c. to
72c. per bushel for white and yellow
ll wso
according to quality. Pig iron -was firm, and sales
had been made at 35 dols., six months,i
t 73:
afterwards held for 35 dols. cash ; common
iron was selling at 71A- dols., six months.
stores unaltered. The market for provisions Naval
was
generally inactive. Prices of pork had a down-
ward tendency. Butter and cheese dull, at easier
prices. Freights to London :—Tobacco, 255. ,
turpentine, 3s. 6d. per 2801 b. , rosin, 4s. ; grain,.
10id. per bushel.

LETTERS FOR AUSTRALIA.—The Post-office authorities
have advertised that ship-letter bags will be made up for
Australia by the steamer Antelope, which will leave
Liverpool about the latter end of this month.