The Sun.
London, England, 1853-01-29 00:00:00

MANCHESTER, JAN. 28.--A second addition of a half
per cent. to the rate of discount, so immediately after
the first, has of course the effect of restricting in some
degree the extent of operations in our staples ; not on
account of the mere advance to be paid, but rather
through the diminished facility of converting into cash
bills of long dates and below the first class, which, by an
3ndirect influence, increases the caution even of the
.cost opulent houses. But the sound condition of the busi-
:less of this district is seen in the fact that aggregate
prices have still continued to harden, though in a
barely appreciable degree, throughout the last fortnight.
In the present week, there has been a steady demand of
moderate extent from the home consumers of yarns, par-
ticularly of the medium counts, and also from the conti-
nental buyers of warps and pincops from 24's upwards.
These spinnings are consequently rather higher ; in the
course of a fortnight they have gained about id. per lb.
Warps and weft for demestics continue perfectly firm,
the latter rather hardening. The contracts in hand for
China have caused 16's to 24's reeled water twist to
be fully as dear as it was a week ago ; and yester-
day and to-day we have some renewal of demand, with
a slight further tendency in prices to advance. The
pt oduction of 40's 'and 50's mule yarns, of India
quality, .is pre-engaged. In the department of goods,
we find that the dealers are laying their hands on the
cheaper lots of domestics of such qualities (in particular
as are suitable foitthe Canadian buyers), several of which
arri-red by the last steamer. The better qualities, which
they purchase ie the United States, have been there
raised in price. There has not been so much demand for
China shirtings;as fort he lighter descriptions adapted to
Elie markets of India ; all kinds however, are well en-
gaged ; and the telegraphic announcement of the over-
land mail is again occasioning rather more inquiry.
Longcloth, T's, and jacconets of low and medium quali-
ties, are in fair request. We have still to report well of
7-8 printing cloths, especially in 52 to 64 reeds. The
American packet, which arrived only on Thursday, re-
ports rather higher prices. In Liverpool there is
still an upward bias. Fair is quoted id. higher since
this day week.
GLASGOW, JAN. 28.—Our cotton market during the
present week has been active, and prices are again lid.
per lb. higher than on Friday last.
BRADFORD, JAN. 27--Wool--There is at present a
stillness in our market with the buyers, who, having
supplied themselves at prices much cheaper than any-
thing that is now offering, do not feel inclined to add to
their stocks, and content themselves to wait till they are
more nearly used up ; but we fear from the high prices
now established with the growers and dealers, there is
little ease to be expected in subsequent purchases. The
stock in the staplers' hands is meagre, and of really good
wool the choice is only indifferent. Noils and brokes
are without change. Yarns--this month is closing
with a very unenviable position for the spinners.
Wools are too dear, and Gallipoli oil is 75 per
cent. dearer than at this period last year. The
buyers of yarns all complain that they cannot get a cor-
responding advance on their production, and are conse-
quently urgent for all contracts being delivered, as by
them only can they shelter themselves from loss. Pieces
The increased cost of goods has no 4oubt acted as a
drawback on the sales, for the merchants complain that
t'ney cannot get goods up correspondingly with the ad-
vance sought in the gray, but as the season advances
they will have higher prices to pay, for the manufac-
turers are limiting their production because they cannot
over cost.—Bradford Observer.
LEICESTER, JAN. 27.—The home demand continues
very steady, and more is doing by the country houses
than by the openness of the season might be expected.
There are still shipping orders in the course of execution,
both for the Australian and Canadian markets ; and the
demand for fancy hosiery, shirts, half-hose, and socks
adapted to these markets was never greater at this period
of the year, whilst the manufacture for cotton hosiery
keeps most of the operatives in full employ. The move-
ment of the increase of discount by theEank of England
is considered very judicious, even as only applied to the
restriction of speculation. It is rather a singular feature
in our market, that although the cotton marketi s re-
ported dull, brown clttons suited to our trade are only
barely supplied, whist the demand for blue gray is ten
times greater than the supply. Worsted spinners find
great difficulty in realising present prices. Wools are
stationary, at the present advance ; short shorts and
moils are even more than ever sought after.—Leicester
Journal,

LIVERPOOL, JAN. 28.—Our market, without any very
animated appearance, has a perceptible upward tendency,
holders supplying the demand only sparingly, and the
very fair amount of daily transactions readily taking off
any useful cotton ; prices have been gradually moving
upwards, and at the close of the week there is an ad-
vance of -d. per lb. upon our last quotations of Ameri-
can. The market is gradually becoming less freely sup-
plied with Surats, and extreme prices have been current,
id. advance in some cases being paid. 10,720 Ameri-
can, 2,430 Egyptian, 470 Bahia, and 530 Surat are re-
ported on speculation ; and 2,620 American, 20 Egyp-
tian, 100 Bahia, and 1,830 East India for export. To-
day we have a pretty geueral demand, and a firm mar-
ket, at the advance of 4d. quoted for the week : the
azdes are 9,000 bales, including 3,000 speculation and
export. The total sales for the week are 55,650 bales.

A 071 Y)TY 1N THE STAPLE TRADES OF THE
NORTH.

The dullness of the night, it is said, is but the
precursor of the brightness of the morning ; and we
are happy to report that, after a long-protracted
period of depression, the leading interests of the
Tyne, the Wear, and the Tees, with the district
around and immediately beyond these, are again
reviving, and we now experience somewhat of the buoy-
ancy, briskness and prosperity which characterised other
days. There is a better demand for coal, "the black
diarnonds" of the North, and somewhat improved prices
are oLtained. With the laie-rapid advance in the price of
ren there has been a correspondingincrease in the value of
manufactured articles; alkali and other staples share in the
general improvement ; and freights, both in the home
and foreign trades, are looking up," the general
opinion being that the present high rates will not
only continue, but be increased. On the banks of
the Tyne, iron ship-building is proceeding with rapid
strides, the skill, energy, and integrity of our builders
having already very firmly established here this im-
portant branch of industry. The " wooden walls,"
too, are in good demand, and both heae and at Sun-
derland many ships are on the stocks which would
be a credit to Her Majesty's dockyards. We still
want convenient and extensive docks, but this de-
sideratum is in course of being supplied. The Hay
Hole dock will shortly be commenced ; and we find
foota an explan ttion!'t yen by Mr. Clayton at the meet-
;.,ng of the River Commission on Thursday, that so far
from being opposed to another dock at the Low
Lights, or elsewhere in the river, "he is in favour of
docks in every part of the Tyne where they would not
injuriously affect the navigation." We meddle not,
at present, with his dicta relative to the railway
from Shields to Morpeth, but whatever may be the
upshot of the contest between the charitable North-
umbrian landowners and the retired Major of Dra-
goona and his allies, as to that, we most sincerely
hope that the Examiners on Standing Orders will
flow the projectors to proceed in obtaining a bill
for the dock, which is perhaps the most important, and
certainly the most necessary part of their scheme. The
spacious and crowded docks at Sunderland must, we think
be an object of envy to every genuine Tynesider, Those
docks are about to be further extended, and as Hartlepool
is making the utmost possible efforts both to attract and
accommodate shipping, it is manifestly not only impru-
dent and unsafe, but absolutely suicidal, to remain
apathetic and indifferent as to the improvement, in every
possible respect, of " our noble river."
The unwise and injurious jealousy and opposition
which have too long prevailed beta een Newcastle and
North Shields are now almost entirely removed, and we
trust nothing will be done to rekindle Vie fires which
burnt so fiercely of yore, to our inutifbal hurt ; but that
every good and true inhabitant will do his best to culti-
vate amicable and kindly feelings, and to Lcrease the
trade and commerce of both ends and banks of the
Tyne-- wca ale Gila:V;(4n of gas day

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DELAY OF THE MAir.s.—A. letter from the General
Post-office has been sent to the Corporation of Sunder-
land, stating that " the extensive arrangements pre-
Laratcry to a general acceleration of the mails from
ondon to the north are still in prograss, and that the
measures will not be delayed any longer than is abso-
lutely necessary." It is added that the Postmaster-
General " sees no reason, at present, to change his de-
cision in regard to the employment of the Great Northern
.Railway, for the conveyance of the mills." We xaa
therefore expect little change for the bet, et-.