The Sun.
London, England, 1853-11-14 00:00:00

LEEDS, Nov. 11.- -There has been a better business
done in the woollen cloth market this week. There
have been several buyers in the town during the week ;
considerable activity has prevailed, and a better busi-
ness has been done in those warehouses that are mainly
engaged in the London trade. As the season for the
country demand is nearly at an end, this branch of our
trade is beginning to be rather quieter.
HUDDERSFIELD, Nov. B.—There has not been much
doing in the Cloth-hall or the warehouses ; several large
buyers have been about, however, but more for the pur-
' pose of looking after anything jobbish than for the sup-
ply of any general wants. Prices still easier.
ROCHDALE, Nov. 7.—There has not been much change
in the flannel market to-day. If lower prices had been
submitted to, more business would have been transacted.
Wool has been rather firmer to-day, arising principally
from the London wool sales.

HALIFAX, Nov. s.—We have continued depression in
both the piece and yarn departments of business, nor is
there at present any clear prospect of their attaining a
more satisfactory position. The wool market is very dull
and unsatisfactory prices both of coming and clothing
kinds still showing a drooping tendency. There have
been a few sales of middle wethers at 14,1 d. per lb., and
of common noils and brokes at 12d. Quotations, how-
ever, are very irregular in the market.

INING INTELLIGENCE.

(From the Mining Journal of Saturday.)

Shares in a great many mines have been in request
this week, but at very low prices. Whilst on the
subject of low prices, we may remark that we
have received several communications upon the
present state and condition of the mining market,
and the manner in which property is depreciated in
value by, what is termed " price making," and
" bearing of shares. There is an old saying, we admit,
that the " value of a thing is what it will bring ;" but
in a limited and speculative market, like that for mining
shares, this does not always hold good. There is generally
some favorite stock of the day in which the public buy freely,
and to which the main attention of the dealers is, for the
time, directed ; and in many other good and promising
mines no business may be transacted for weeks ; for,
without buying orders on the market, the dealers do
not increase their stocks, without they get great bargains.
It is easy therefore to depreciate the value of such mines
as these, and upon such, as it appears from the informa-
tion we have received from the largest dealer in the mar-
ket, it is the practice of a few parties to act. To exemplify
our meaning more particularly, let us take the case of
Speedwell, the price of shares here (1024th), was 6/. per
share ; when suddenly, one morning of late, a daily'
paper gave the quotation of an actual sale at 21. 14s. per
share. The shareholders, particularly those residing in
the country, became naturally alarmed at seeing a sud-
den depreciation of nearly 4,0001. in their property ;
but, on enquiry, it turned out that a very few shares
only had been forced on the market, and in " price
making" sold at 21. 145., that quotation being immedi-
ately forwarded for publication, to establish it, if
possible, as the real value of the shares. This is
but the type of many ; and we should advise share-
holders, before they getalarmed and fall into the traps laid
for them by the " beaes," to make enquiry as to the true
causes for the very low quotations often made, and
which have brought the mining market into its present
depressed condition. Many dividend mines have not
quite maintained their prices.
In the Bullion Market,—Mexican and South Ameri-
can dollars, ss. ld. per oz. Bar silver containing gold,
all gold above 5 grs. in the pound to be paid for, ss.
2;14:1. per oz. standard. Bar silver without gold, ss. 28d.
per oz. standard. Bar gold, 775. 9d. per oz. standard.
Spanish doubloons, 775. per oz. Columbian doubloons,
78s. 6d. per oz.
The gold mining share this week has been very quiet ;
prices on the whole have been fairly 'supported, but the
dealings have not been sufficiently extensive to give a
decided character to the market. The exception has
been Agua Fria shares, which have been in increased
demand, owing to favourable advices ; from the reports
published to-day, Anglo-Californian have likewise been
enquired for. The accounts from California state that
the mines there are progressing, and before Christmas
it is anticipated that some actual results will come to
hand.

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