The Sun.
London, England, 1854-01-28 00:00:00

STATE OF TRADE.

( Front the Manchester Guardian of this day.)

3if AN CHESTER, Jan. 27.—0 n Tuesday our market was
very unfavourably favourably affected by the darker aspect of the
which is agitating the whole of Europe. The
question
business of the day was consequently very small ; and,
although prices were nominally unchanged, there was
about them less of the previous firmness. On the pre-
sence of a danger so great as that which actually exists,
our trade must necessarily be exposed to renewed de-
pression. The consciousness of this liability is now ren•
dering those producers who are wanting orders willing
to make some little concession in order to sell. They
are further influenced to do this by the decline which has
taken place in the new American cotton, amounting to
id. to id. per lb., since this day week, in " fair" and
upwards.

HUDDERSFIELD, Jan. 24.—The general tone of the
market has been rather quiet, but a fair amount of busi-
ness has been done in the lower priced fancy woollens.
The higher qualities of broad cloths and dark kerseys
have not found many purchasers. The wool trade dur-
ing the week has been very quiet.
BRADFORD, Jan. 26.—W00l for some time has been
held for prices too high to induce the spinners to buy.
Noils and brokes are dull, and but few making. Yarns—
The raw material being held for prices inconsistent with
the price of yarns, there seems no hope of anything ex-
cept further curtailment. Pieces—The period is now
drawing near when greater activity is usually manifested
by the home trade houses for spring. Up to this time
there has been but little preparation made, the mer-
chants generally holding a very small stock, and the
transactions of this day are not distinguishable either by
increased sales or altered prices.
NOTTINGHAM, Jan. 26.—The condition of the lace
trade is not so satisfactory as we had reason to hope it
would be. A few fancy articles are inquired for, but
these principally from entirely new designs. The hosiery
trade is also much less active than at this time last year.
The high price of provisions is acting disadvantageously
to the interests of commerce throughout the country.
LEICESTER, Jan. 26.—The home demand for woollen
goods is dull, and but few orders are yet given out.
There is more doing in cotton hose for the spring de-
mand. Sales of worsted yarns can only be effected by
a sacrifice in price which spinners do not feel warranted
in making.

THE WOOLLEN TRADE.

(From the Leeds Mercury of this clay.)

LEEDS, Jan. 27.—There has been a good (steady busi-
ness doing in the Cloth-halls this week. Both on Sa-
turday and on Tuesday, the markets were brisk and
animated, and quite an average quantity of cloth
changed owners.
HUDDERSFIELD, Jan. 24,—We have had a slack mar-
ket to-day in the Cloth-hall ; but there are so many
goods made to order, and delivered directly to mer-
chants, that the Cloth-hall is hardly a fair index of what
is going on. There have been a good many buyers
about the warehouses, and on the whole there is not
much to complain of.
ROCHDALE, Jan. 23.—We have not had so brisk a
market to-day, except in heavy and low-priced goods,
whieh have met with a ready sale at former prices. The
wool market remains inactive, but prices continue firm.
BRADFORD, Jan. 24.—W001--The anticipation of war
causes dullness. Wool is held for prices to induce busi-
ness. Yarns---Spinners find difficulty in running their
machinery four days a week, and considering the high
price of the raw material, there is no prospect of relief
but in further curtailment. Pieces—There is neither
increased sales nor altered prices, although this is usually
a season when greater activity is manifested.

LEicEsTER.--:the home demand for woollen goods is
dull, and but few foreign orders are yet given out. There
is more doing in cotton hose for the spring demand.
Sales of worsted yarns can only be effected by a sacri-
fice in price which spinners do not feel warranted in
making. Wools are quiet, as the uncertainty of Eastern
affairs stops all speculation.

3ILATING- INTELLIGENCE.

( From the Mining Journal of this day.)

With greatly increased, and still increasing, prices
for metals, there is a continued demand for dividend
mines, and also for some of the promising progressive
ones. Tin is higher in price than it has been for many
years, and both copper and lead are advancing ; indeed,
if war be commenced in earnest, it is impossible to fore-
see what prices metals will reach. Gold shares are not
so much sought after ; in fact, taken generally, the re-
sults of the experiments upon gossans and mundic have
not been satisfactory, and have varied in such a manner
as to show clearly that the plan originally adopted by
the Poltimore Company, that of testing 50 tons at once,
is the only one to bring the gold discoveries to a fair
and proper issue. We have heard of gossans tried
in very small quantities yielding at the rate of
several ounces per ton, and the same gossans tested in
much larger parcels showing less than half the result ;
and, on the contrary, many gossans which by analysis
have shown scarcely any traces of gold, have, when
tried in large quantities, yielded a good result.
There is still no alteration of importance to report in
the Gold Mining share market. During a part of the
week prices continued to show a drooping tendency, in
sympathy with the general gloom of the Stock Exchange,
but on Thursday and yesterday the tone was steadier ;
on the whole, however, in the absence of demand prices
are looking downwards.
In Miscellaneous Shares, the market showed a down-
ward tendency the beginning of the week.

In the Bullion Market—Mexican and South American
dollars, 4s. 40. per oz. Bar silver containing gold,
all gold above 5 grams in the pound to be paid for, ss,
1 d. per oz. standard.