The Sun.
London, England, 1853-03-05 00:00:00

STATE OF TRADE.

(From the Manchester Guardian of this day.)

MANCHESTER, MARCH 4.—The Liverpool market is but
little affected by the enlarging prospects for the supply of
the raw material. Below good middling the buyer has
an advantage of nearly '-s d. per lb. as compared with this
day week, but scarcely so in any quality above middling.
In our market, the effect is an increase of caution on
the part of buyers, with a further tendency to lower
prices in goods at large, and in mule and water twist
of the medium and lower counts. Warps and cops have
yielded more than bundles. But such spinnings as suit
the Bradford trade remain quite firm ; and those
into which sea islands cotton enters are rather dearer.
The arrival of the overland mail, with advices showing
some decline in prices at Bombay, Calcutta, Shanghae,
and Canton, has exercised a somewhat unfavourable in-
fluence upon business, yesterday and to-day ; and 40-inch
shirtings may now be had at a concession of at least 44d.
to 6d. per piece from the late highest rates. In most
other goods the bias is somewhat in favour of buyers.
The Liverpool market has proved much steadier than
either the spinners or the Manchester merchants antici-
pated. Yarns have receded much more than the raw
material ; so that the position of this branch of trade is
decidedly changed for the worse. The general expecta-
tion, however, is, that the weight of supply must occa-
sion a gradual subsidence in the value of cotton.
GLASGOW, MARCH 4.-014 cotton market has been
very quiet during the past week, and prices are a shade
lower. Holders appear rather more anxious to sell.
BRADFORD, MARCH 3.—W00l The transactions
throughout the week have been limited, the prices sought
acting as a barrier to business, the spinners having an-
ticipated, with the great dullness that has existed, a cor-
responding decline in prices. But so dear has the stock
in the market been generally bought (and no ease
can be had now from the growers), that there is no
disposition to sell, except at rates bearing no propor-
tion with the current price for yarns. The closing
sales of colonial and the fair at Bristol yesterday
were both marked by great firmness, at prices far
too high for their destination. Yarns—There is rather
an improved demand for yarns for Lancashire, on
the spool ; the feeling is more cheerful, and it is not
improbable, had prices ruled at similar rates to last
season, that the consumption would have been extended.
The demand for this market continues steady, and the
buyers for shipping are more willing to buy than they
were two or three weeks ago, no dout from the feeling
that there is no chance for yarns being made any
cheaper. The contracts made for yarns to-day are
certainly not more favourable to the buyer, and
any change will most assuredly be upwards.
Pieces.—The fact of an advance taking place on the
Ist of March with the dyers, has caused the month just
closed to be more active than many of its predecessors,
and large deliveries have been made to the merchants.
The stocks on hand are by no means heavy, and if we
have the usual briskness of spring, considerably higher
prices must follow.—Bradford Oliserier.
NOTTINGHAM, MARCH 3.—The lace trade is not by
any means in so brisk a state as we anticipated it would
be this month, yet there is time for a considerable im-
provement to develop itself, especially in the fancy de-
partment, as an improved style of design is constantly
being produced. Although orders fOr hosiery goods are
not quite so numerous as they have been, there continues
to be a fair amount of business doing.—Nottingham
Journal.

LEICESTER, MARCH 3.---There has been no variation
in the demand for manufactured goods this week.
Worsted spinners have been compelled to raise their
yarns from a halfpenny to a penny per lb., and these
frequent advances cause great caution, though from all
appearances it is not hkely to remain long at these
prices, wools being very difficult to purchase even at the
higher rates. The colonial wool sales have terminated,
and the whole was briskly sold, principally for home
consumption, at 11d. per lb. advance on last rates.—
Leicester Journal.

ANOTHER GREAT SNOW SQUALL.

UPWARDS OF ONE HUNDRED COASTERS
DRIVEN ASHORE.
The whole range of the Lincolnshire and Yorkshire
coast, from far above Flamborough Head to below the
Wash, was, on Wednesday night and Thursday morn-
ing, visited by. the most destructive snow storm that has
been experienced off that part of the kingdom for some
years. The consequences to the shipping engaged in the
collier and coasting trade was most diastrous, as many
aA; 100 vessels having been driven ashore. Owing to the
continuance of the north-easterly wind a large fleet of
colliers have been detained in Yarmouth Roads and
other ports southward ; most of them were light in
ballast awaiting a change of wind to take them to the
northward. It is computed that as many as a thousand
were in this dilemma. Tuesday brought about the
desired change, when the immense fleet got under
weigh for their several harbours. Ere 20 hours had
elapsed, however, the wind chopped round to the old
quarter, E.N.E., and there being every indication of
more stormy and snowy weather, there was a general run
back amongst the fleet to take shelter in the roadsteads
and other places. Those to the southward of Cromer suc-
ceeded in making Yarmouth in safety, but the large
number which had reached far away over the Boston
Deeps, towards Flamborough, were thrown into inde-
scribable confusion. Wednesday night set in with heavy
squalls of snow, and so thick was the fall, coupled with
the darkness which prevailed, that it was almost impos-
sible to see much beyond the length of the ship. The
mischief that followed by the vessels coming in contact
with each other, was immense, and an inevitable result
of their going, as they do, in shoals, following close in
each other's wake. The run for the Spurn, at the mouth
of the Humber, is described to have been a most extra-
ordinary scene. There was a fleet of at least 600 sail,
all standing in at one time, each endeavouring to out-
strip the other in reaching the desired refuge. To enu-
merate the casualties at this point, by collision and
other mishaps, would involve much space. Such
destruction was probably never known to take place in
that locality at one period before. Upwards of 20 sail
were reported to have been blown ashore to the north-
ward of the Spurn Point. There were four cast on the
beach within three-quarters of a mile of the lights. They
were the Placevia, Mr. Richardson, master ; Morgenia,
Mr. Pearson, master ; Jane and Ann, Mr. Smith,
master ; and Aurora, Mr. Nelson, master. Owinc, to
the heavy sea that prevailed, it was impossible to render
any assistance to the crews by means of the life-boats.
Those on shore availed themselves of Carter's rockets to
obtain a communication with the stranded vessels,
and succeeded in throwing a line over each; the
seamen were brought safely on shore, where every com-
fort was provided for them at the Life Boat Hotel. A
fatal catastrophe was witnessed by the crew of the brig
Sophia, of Portsmouth, bound to Sunderland. About 7
o'clock' on Thursday morning, a schooner was seen to
founder, with signals of distress flying, about eight miles
north-west of Bridlington. The fate of her unhappy
crew is almost certain. On the morning following the
fall, the Humber was crowded by several hundred col-
liers, and the demand for shipwrights at Grimsby, and
other places adjacent, created almost a panic. •
Between the Spurn and Bridlington the havoc was
equally as severe ; vessels came in collision and after-
wards were stranded in all directions. In Bridlington
bay a melancholy sight presented itself. While the gale
was at Its height, the William, Mr. Scott, master. of
Sunderland, and the Nathaniel, Mr. Renton, master, of
Newcastle, came in fearful contact and sustained
much damage. They became unmanageable, and
eventually were both carried ashore in the course of the
night, to the southward of the harbour. Another fine
vessel, a three-masted ship, the Margaret, Mr. Potts,
captain, of Whitstable, shared a similar fate. She
came intcollision with the Marmora, Mr. Richardson,
a re
Shields, and the fearing she would founder,
got on board the vessel.latteerw'At daybreak, the Mar-
garet was discovered to have
eight miles to the southward of the port in a most
disabled condition. The Maremeoorar, alosfo
the
ereatly da-
maged, came into the bay in th
with the shipwrecked crew. A fouugrteh vessel was lost
by being run down off the coast. The James Saville,
brigantine, of Stockton, was struck by a brig, supposed'
to be the Eliza and Jane, of 'Whitby, and but for the
fortunate coming up of the Glance, of Shields, and
taking the unfortunate crew off at the time she did, the
poor fellows must have perished, the brigantine having,
foundered in deep water, within a few minutes after
they had been rescued.
Of the many vessels which are reported tohaveb
ofeen
p
carried ashore, there is greatprobability of most
them being got off; but it is feared that the full extent
of the mischief has yet to be learned.

HOT)/ AND TAVERN KEEPERS INSTITUTION.—This
institution is now in its fourteenth year, and has funded
the sum of 5,3871. The committee have relieved, since
their fund has been opened, forty-one members, most of
whom still continue to receive assistance. The number
relieved last year was twenty-three members and eight
widows. An increase of nine claimants upon the fund
took place last year, in consequence of which the allow-
ance of most of the recipients was necessarily reduced.
The benefits resulting from the institution will be seen
from the following cases :---J. D., an annual member,
who has paid only Si. Bs., has received 884 12s. G. G.
(widow), member, who had only paid 71. 75., has re-
ceived 581. There were upwards of twenty applicants
of Fyixty years of age applying for relief.
METROPOLITAN IMPROVEMENTS.—Yesterday a return,
signedsle by Sir W. Molesworth, as the First Commis-
rirnofprNoVorks, respecting the advances for metropo-
litan
1844 to IZinenZ; was printed. It appears that from
amount borrowed on the land re-
venuesof the Crown was 895,1601. 4s. 2d., and the
amount charged for the like purpose
bridge Approaches F on the London-
bridge was 665,0001., and the interest
on that sum -u,302,1. 7s. 11d.
was