The Sun.
London, England, 1853-11-19 00:00:00

trilitrb 'Ntittton.

SUN OFFICE, Six o' Clock.

STATE OF TRADE.

(From the Manchester Guardian of this day.)

MANCHESTER, Nov. 18.—We continue to have what
may be properly called a merely retail demand just for
the purpose of keeping needful assortments ; and the
consequence is a general adverse bias in prices. The
medium and lower counts of water and mule yarns have
lost id. per lb since the latter end of last week. Some
kinds of two-folds are exceptions to this statement ;
and India qualities of single are better sustained, by
what demand there is, than many other descriptions ;
as are also 16's to 24's water, in warp and bundle, by
the long-continued " turn-out" at Wigan.
BRADFORD, Nov. 17.—Wools—There is but little
doing in any kind of combing wools ; the spinners find,
at the prices sought, it is impossible to cover cost, and
they prefer their machinery being idle.
NOTTINGHAM, Nov. 17.—The lace and hosiery trades
present no new features this week, each remaining much
the same as we have reported them for a few weeks past,
so far as actual sales are concerned ; at the same time
preparations are being made for an extended business in
the home and foreign trades in goods for the spring.
LEICESTER, Nov. 17. Owing to worsted yarns being
again reduced one penny per pound, there is nothing
doing in the warehouses but to immediate order.
Worsted spinners are working short time. Long wools
have declined in price.

STATE OF THE WOOLLEN TRADE.

(From the Leeds Mercury of this day.)

LEEDS, Nov. 18.—The improvement that we reported
last week in the tone of the woollen market has been
fully maintained during the present. The trade in the
warehouses has not been quite so good during the cur-
rent as it was last week, but for the season of the year
there is a very fair business for the home market. The
shipping trade is quiet.
HUDDERSFIELD, Nov. 15.—We have had a very quiet
market to-day, but not much worse than our markets
generally are at this season.
ROCHDALE, Nov. 14.—1 n wool there has not been
much doing, but prices have been firm, and the demand
at present is very limited.
HALIFAX, Nov. 12.—There is little or no alteration
in yarn and piece goods since last week's report ; their
position is a very unsatisfactory one, and not likely soon
to he much better. There have been rather more
numerous transactions in wool, but scarcely any visible
improvement in prices ; they seem, however, to resist
further reduction, for stocks of the more marketable de-
scriptions of combing kinds are rather reduced both in
staplers' and spinners hands, and supplies from the
country very meagre.

MINING INTELLIGENCE.

(Prom the Mining Journal of this day.)
The Mi: mg Share Market has been tolerably active
this week, and, upon the whole, quotations have been
better. The high prices of copper and lead are improv-
ing the condition of the dividend mines, and a few specu-
lative shares are in greater request. Alfred Consols,
251. to 251. 10s. ex div. : Basset, 6001. to 6201. ; South
Caradon, 2951. to 3001. ; West Caradon, 2351. to 2401. ;
Mary Ann, 44/. to 451. ; West Providence, 351. 10s. to
37/.los. ; Tremayne, 12/. For Great Wheal Alfreds
there has been a great demand, and prices advanced from
311. to 401., and 411. Eagiebrook, 901. to 951. per 128th ;
Trefusis, 16/. ; Trehane,-8/. to 91. ; South Frances, 2101.
to 2201. ; East Pool, 1501. to 160/. ; West Frances, 2:31.
to 251. In Great Wheal Baddern a large business has
been transacted ; the position of this lead mine, as ex-
plained at the meeting, held on the 15th inst., being
considered highly satisfactory : shares, which a few
months since were 41. each, had lately been selling at
10s. and 12s. 6d. The reaction has now the ap-
pearance of being as rapid as the previous fall.
The balance against the mine at the meeting was
144/. 12s. id. ; but no call was made. It was
resolved to confine future operations to the lead mine,
which, when the new engine gets to work, would it was re-
ported, be in a position to pay good profits ; whilst by
stopping the tin mine, the costs would be materially
reduced, and machinery of the value of 2,0001. to 3,0001.
could be sold, and become an asset, available either for
working capital or for division among the shareholders.
Rocks and Treverbyn, 41. to 4/. ss. ; Poltimore, 11. to
IL 2s. 6d. ; Herodsfoot, 91. to 10/. ; Halkin Castle, 15s. ;
West Alfred Consols, 101. to 12/. ; Gustavus, 1/. ; St.
Day United, 2/. to 2/. 2s. 6d ; Arthur, 257. ; Comford,
30/. ; Brewer, 127. to 131. ; Grambler and St. Aubyn,
23/. ; Gilmar, 4/. to Si. ; North Pool, 235/. ; Tresavean,
210/. ; North Roskear, 150/.
The Gold Mining share market this week has been on
the whole firmer. There has been no especial inquiry
for the Australian descriptions, but some of the Cali-
fornian shares, including more especially the Agua Fria
and West Mariposa, have been in demand, at advanced
rates, the latter on account of the return of one of
the directors, Mr. Murray, from California, who has in•
spected the property, bringing over with him 700 to
800ozs. of gold, raised from the company's mine. Until,
however, some decided results are arrived at, it cannot be
expected that any marked improvement will be o. I eserv-
able. The absence of all information on the part. of the
several companies is deeply to be regretted, and when
we consider that nearly all these speculations have been
supposed to be two years in operption, and the n umbec-
less excuses which have conic to hand from the various
agents, the public have a right to regard them with
suspicion. These remarks do not apply to any indivi-
dual company, but are applicable, with few exceptions,
to all. In some cases information has been refused, ex-
cept to those who are bona fide shareholders-that is,
those whose names have been entered in the cost-
book or signed the deed ; and if some regular code
bad been enforced for their regulation, all would
have been placed on a solid basis, notwithstanding
the difficulties that have occurred. When it is
borne in mind that the South American com-
panies were enabled so shortly after their formation to
make returns, it appears strange that not one of these
enterprises has reported any result; and the time has
now arrived when it is necessary that directors should
urge on their managers the necessity of increased action
and more energy than has hitherto been displayed. On
Monday, shares in the New Granada and Maraquita
were flatter, while Imperial Brazilians were higher, and
realised an advanced price on Tuesday. On Wednesday
there was a marked improvement in Quartz Rock and
West Mariposa. On Thursday there was an increased
demand for Agua Frias, and up to the close yesterday
evening the market was well supported.
In miscellaneous shares the business has been limited,
prices showing rather a downward tendency at the
opening of the market.