The Sun.
London, England, 1853-02-09 00:00:00

VbirV t itton

SUN OFFICE, Six o'clock

STATE OF TRADE.

(Pram the Manchester Guardian of this day.)
MANCHESTER, TUESDAY.—By the Arabia we learn
ii;at the advance of I,c. at New York and lc. at New
Orleans, advised by the Pacific, had been entirely lost at
the latter port, and half of it at the former. This reces-
sion was owing lardy to larger receipts than had been
expected, and partly to less favourable advices from
England. The week's receipts exhibited a falling off of
12,000 bales. The total receipts were 1,695,000 bales
against 1,264,000 last year • and the exports to Great
Britain 690,000 against 427,000. Increased purchases
for home consumption are referred to as evidence
of confidence in prices among those who are near
the source of supply. But, in some private letters,
which have come under our eye, from houses of
the highest respectability, it is given as a decided
opinion that there is no ground whatever for re-
ducing the estimates of the crop in any degree below the
highest, or at least the medium amount fixed upon early
in the season. These accounts have not contributed in
anyidegree to revive the feeling which led to an attempted
advance in prices at the beginning of last week, both
here and in Liverpool. The latter market is lifeless at
the rates of Friday; and in our own not much has been
done, or perhaps attempted, in the way of sales and pur-
chases. Neither buyers nor sellers have as yet so far
recovered from the passing effervescence of this day
week as to see their way to much business. In the early
part of the day it appeared somewhat doubtful whether
or not the prices of last week but one would be main-
tained ; but as the day advanced, more of firmness than
had been looked for was manifested, and we may state
generally that the market is perfectly steady at the quo-
tations of this day fortnight.
ROCHDALE, MONDAT.—There was a considerable in-
quiry for pieces yesterday, and a fair amount of busi-
ness was transacted at previous prices. The wool
market was again very quiet, and the manufacturers
showed no disposition to purchase, which might arise
from a wish to see the result of the London wool sales,
which commence this week, or a conviction that the
stocks on hand are such as will supply them till the new

cli
TIALIFAX, SATURDAL—The trade in our piece hall has
undergone no change for the last few weeks. Worsted
goods of all descriptions are very little in request, and
the manufacturers are unable to effect sales at remune-
rative prices. The yarn market is less active, as the
spinners are holding out for higher rates. Wools
continue very firm ; but as the spinners are working up
their stocks, and consequently not purchasing, the mar-
ket is quiet.
HUDDERSFIELD, TIIESDAY.—The market has been well
attended in the Cloth-hall. There has not been as much
business done as on last Tuesday, or the one preceding
it ; but Ain a fair trade has been transacted at good
prices. The manufacturers are busy to order, and gene-
rally trade here is in a healthy state.
BIRMINGHAM, MONDAY.—During the past week very
considerable embarrassment has been experienced by the
manufacturers of copper and brass articles, in conse-
quence of the extraordinary state of the copper markets.
On Monday evening last circulars were issued by Messrs.
Vivian and Son, of Ann-street, announcing an advance of
181. 10s. per ton on copper, which had been that day de-
clared by the smelters at their meeting in London. The
quotations stood thus—Best selected, 1291. ; tough cakes,
&c., 1261. per ton ; sheathing, ls. 2d. per lb. These
prices are for quantities not less than three tons, 20s.
per ton extra required for any smaller quantity. Even
at these prices the metal dealers will not take orders, in
anticipation of a further advance. The manufacturers
have consequently been obliged to issue circulars relin-
quishing all existing orders, and declining to accept any
except on such terms as the future price of copper may
justify. This extraordinary advance of the raw material
is much to be regretted, as it renders all but impossible
the execution of contracts, and preeses most severely upon
manufacturers of limited capital. It is therefore to be
hoped that nothing short of absolute necessity will lead to
further advances, which must be attended with great em-
barrassment to the manufacturers, and loss of employment
to workmen. There has not been any further change
in the price of tin, but the manufacturers find it extremely
difficult to realise the advance on manufactured goods
which they are necessitated to require. Many branches
of trade in _Birmingham are beginning to assume rather
an anamalous position. There are abundant orders on
the books without means of executing them, unless on
very doubtful terms.—Aris'B Birmingham, Gazette.