The Sun.
London, England, 1853-10-24 00:00:00

STATE OF TRADE.

(From the Manchester Guardian of Saturday.)
MANCHESTER, Oct. 21.—0 n Tuesday, there was a very
sensible improvement in the tone of our market, in re-
gard to India goods, and the medium and lower counts
of water and mule yarns. The causes are obvious
enough. After so long a period of comparatively trifling
business, the supplies in the hands of various classes of
buyers bad fallen to a very low point ; and such parties
were, therefore, prepared to operate on the appearance
of any ground for increased confidence. The lessened
production, with the certainty of its further diminu-
tion, by additional turn-outs, could not but tend to the
strengthening of prices ; while, in the face of these turn-
outs, cotton was- becoming dearer. At the same time,
advices of an improvement in the Bombay and Calcutta
markets were received. These favourable circumstances
g-

gave rise to considerable purchases of bundles and warps
for Germany, where trade is good and stocks are small,
and also of 40-inch shirtings and some kinds of yarns
for India. The resumption of work by some makers of
domestics had the effect of occasioning more to be done
also in warps and pincops for those fabrics.
NOTTINGHAM, Oct. 20.—The trade generally may be
stated as flat, in some cases so much so that machine
holders are contemplating working half time. One large
mill at Derby intends adopting this plan next week, and
many smaller producers will do the same. Many of
those who have been making silk goods nearly all the
year are likely to make a few warps of cotton rather
than hold stocks of the former material, which requires
the investment of a serious amount of capital. The
price of silk remains still very high, as is also cotton
yarn.
LEICESTER, Oct. 20.—There is less doing in regular
hosiery goods, and manufacturers are curtailing the
production. nolesale buyers have received instruc-
tions only to purchase for immediate demand. In fancy
hosiery a good demand continues, but the glove branch
is becoming much depressed. Long wools are very
heavy sale, and prices are in favour of the buyer ; skin
combing noels and short kinds are still in good request,
and firm in price.

THE WOOLLEN TRADE.

(From the Leeds Mercury of Saturday.)

LEEDS.—We have no change to report in the state of
the woollen cloth market this week. The trade is gene-
rally inanimate and dull. The very serious position which
the Oriental question has assumed, coupled with the
scarcity and dearness of money, and the high price
which many of the chief necessaries of life now command,
with other disturbing elements, have for sometime caused
a feeling of depression and languor to rule in the market
as well as in the warehouse. The cloth halls have been
attended poprly, and the business very moderate.
The trade in the warehouses, sympathising with the
general feeling, is dull and quiet. Very few buyers, and
the principle on which they act in purchasing is that of
caution.

HUDDERSFIELD, Oct. 18.—We have had a very indif-
ferent market again to-day, and it is not likely that we
shall have any alteration for the bet:.er so long as there
are so many adverse circumstances bearing upon trade
generally. The tendency of prices is still downwards,
both in the manufactured goods and in raw material.
ROCHDALE, Oct. 17.--We have had a slender attend-
ance of merchants and drapers, yet the market has not
been worse than is usually the case at this season of the
year. Dyed flannels and strong Yorkshire goods were
in moderate request; middle qualities were rather more
inquired after than on this day week, but other sorts are
dull, and only a limited amount of business was trans-
acted in the wool market.
BRADFORD, Thursday.—The high prices of raw mate-
rial, the dearness of corn, which cripples the power of all
classes to purchase freely of other commodities, and the
uncertainty about war and peace, all conspire to produce
a general cessation of demand.
HALIFAX, Oct. 15.—There is nothing better in this
market since our last report, but rather the reverse, and
prices of combing wool still inclined to droop. They are
generally expected lower, and some houses are materially
abridging their consumption of the article. Short wools,
though not plentiful, have rather given way in value.

PROBABLE TERMINATION OF THE WIGAN STRIKE.--'
The Northern Daily Times has much gratification in
being able to state that from a correspondence which
has taken place between one of the principal master
cotton-spinners in Wigan, and those employed by him,
the differences between the master spinners and their
hands are likely to be adjusted, and has good reason to
believe that all the mills will again be at work in the
course of next week. Mr. Eckersley has invited the
hands in his employ to meet him, with a view to an ad•
justment of the differences between them.