The Sun.
London, England, 1853-11-02 00:00:00

STATE OF TRADE.

(From the Manchester Guardian of this day.)
MANCHESTER, Nov. I.—ln our own market we had a
u►ore cheerful tone yesterday, occasioned by greater ease
111 the money market, and by an apparent probability of
the resumption of negotiations on the Russo-Turkish
question. The sales of the day have been very small,
but prices are well sustained by the absence of all pres-
sure to effect, sales. The " turn-out" at Preston and
Wigan exhibits an appearance of unabated obstinacy.
In Burnley there are stopped, as we learn, on the best
authority—

Rand mules
Self-actors .
Thostles ....

Spindles.
59,560
199,832
242,794-502,186

Looms 12,447
Tape machines
The number of horses' power is
From Bury we have the following printed announce-
inent:—
We, the undersigned members of the Bury Cotton
Spinners and Manufacturers' Association, do hereby
agree that we will cease working on the 10th Novem-
ber, 1853, both as regards spinning and weaving, unless
all disputes now existing between the operatives who are
now on strike and their masters who are members of the
said association be arranged in the meantime, to the
satisfaction of the committee of such association :
Walker and Lomax Hutchinson and Openshaw
S. and T. Ashton W. Wild and Brothers
Bothwell and Grundy J. Haworth and Sons
John Alcock and Co. Nicholas and Milnes
J. Openshaw & Brother William Warburton
William Wanklyn Livesey and Ashton
Richard Wild T. and R. Greenhaigh.
John Walker
In his circular of yesterday Mr. G. F. Mandiey gives
the following estimates of the effects of the strikes :
From a rough estimate gathered from the most reli-
rkable sources, there appear to be at present "locked up"
s and the workers " turned out" in Preston and its imme-
diate neighbourhood, 64 mills of 2,400 horses' power,
having 1,100,000 spindles, capable of producing about
800,000 lb weekly of average No. 32's yarn, and
20,000 looms, suspending a production equal to
about 90,000 pieces of India shirtings weekly,
of 81 lb each. The number of hands in forced
idleness is about 25,000, whose average weekly earnings,
When employed, is said to be nearly 12,0001. In Wigan
and Hindley 25 mills are closed of about 1,300 !horses'
Power, suspending about 400,000 spindles, mostly em-
ployed in yarns of low numbers, and 1,800 looms. The
number of hands "on strike" is about 7,500, whose
Weekly earnings would be nearly 2,0001. In Wigan and
its vicinity there are also 4,500 colliers and drawers who
have been on "strike" about six weeks, making 12,000
out of employment in this district. At Burnley and
Padiham there are 58 mills closed of 2,300 horses' power,
and 510,086 spindles and 12,067 looms ; the unemployed
• hands are about 12,000, whose usual wages weekly would
amount to about 5,800. In this district madapol-
laros, printing cloths, and shirtings, are largely pro-
duced. At Bacup there is 30 mills closed, of 1,400
horses' power, 300,000 spindles, and 8,000 looms, and
about 8,600 hands rendered idle, and weekly wages to
the extent of 5,0001. withdrawn from circulation. Thus,
independent of several minor and isolated strikes in
Manchester, Bury (where about 1,000 hands•are turned
out, principally in the fustian trade), Bolton, Newton
kjeath, &e., there are, at least, in the four centres of
Burnley, Bacup, Preston, and Wigan, closed 183 mills,
of the aggregate force of 7,400 horses' power, with
2,310,086 spindles, and 41,867 looms ; and 47,100 opera-
tives unemployed. It is no exaggerated estimate to
calculate the number of workpeople now on strike in
this county at 50,000, and the average loss of wages at
26,000/. weekly.
Rocuptr.r, Oct. 29.—We have had an extremely dull
market, with very little business doing. The merchants
are unwilling to purchase only at reduced prices. There
1,8 a decided fall in the price of wool, varying from 11d.
to 2d. per lb., and the manufacturers buy for immediate
use only. In the warehouses the country orders are
much more limited than is usual in the beginning of No-
vember.
I:IALIFAx, Oct. 29.—A1l the branches of the worsted
trade are in a very languid state. Both spinners and
manufacturers are greatly limiting their operations, and
prices have a downward tendency. The wool market
18 quiet, and the staplers are free sellers, at reduced
quotations.
RIIDDERSFIELD, Nov. I.—Business in the market to-
day is almost at a stand. There has been a very quiet
say With the exception of a few deliveries to order,
very little has been done in either the Cloth-hall or the
manufacturers' shops. The wool trade has also been
lilat• In London the finer qualities of wool are fully
'id• per lb. cheaper; while the lower, or coarser quali-
ties, scarcely find purchasers.

LLASTINGS MUNICIPAL ELECTION.