The Sun.
London, England, 1853-08-29 00:00:00

STATE OF TRADE.

(Franz the Manchester Guardian of Saturday.

MANCHESTER, AUG. 24.—Since the.• date of our la.
report, this market has been quiet and void of spirit,
both in regard to yarns and goods ; although no general
reduction in prices can be quoted. Still, where any
change has been made, it is for the niost part in favour
of the buyer. The decline most perceptible is in yarn of
coarse and medium counts suitable for the home trade.
In domestics there is no change to report, and a mode-
rate business is doing,

BRADFORD, AUG. 25.-- Wool—There is a great diffi-
culty in getting wool from growers and country dealers,
who are evidently seeking prices beyond what can be rea-
lised here, and consequently the suppiy coming to market
is not abundant. There is no disposition on the part of
the spinners to buy, and altogether the trade is flat.
Noils and brakes are without change since our last.
Yarns--LThere is much complaining
.of . the high price
sought for wool, corm red with, w.h.at..calt .b.e realised for
yarns, and at no period has. this .branch of .the trade been
more disjointed than, at present—. Piece4—There is a fair
but not average businessdeing for August,.... •
NOTTINGHAM, Aug. 25.--Notwithstanding the preva-
lence of fashion both at home undin America for goods
of Scotch manufacture,- .there is stilt n* good business
doing in lace goods, • htit-tirincipaliy in those made of
silk, while those fabricated.brcottOn are not in so much
request ; but so long as is so decidedly in
favour of muslin goods, we cannot expect so much of a
demand as to lead us to expect very remunerating prices.
Cotton is too high in price for those.engaged in this part
of the trade to be able to obtain. such a profit as their
expensive machinery would warrant.

STATE OF THE WOOLLEN TRADE.

(Front the Leeds Mercury of Satztrday.)

•
LEEDS Aug 26.—We have no change to report in
,
the state of the. woollen cloth market. There is a steady
good trade regularly doing. The markets on Saturday
as well as on Tuesday were of a fair average character,
and about an usual amount of business was done. There
have also been several heavy deliveries of cloth during
the week direct to the merchants' warehouses. Stocks
continue within a very moderate compass ; and although
the markets have had a good supply of fresh goods this
week, yet there is not any apparent augmentation. The
trade in the warehouses continues in a good and satis-
factory state ; about an average business for the season
has been done this week, principally for the home mar-
ket.

EtUDDERSFIELD.-Our market continues without al-
teration, the supply being barely equal to the demand.
Prices much the same.

ROCHDALE.—We have had but a poor market to-day,
being the wakes, which generally interferes with busi-
ness. English wool is very firm, and rather more in-
quired after.
BRADFORD.—There was on the whole scarcely an ave-
rage amount of business doing. The trade is spoilt by
being so very good, because its extraordinary extension
during the last four years has outstripped the supply of
all kinds of raw material—wool, especially English wool,
cotton, and oil ; and the consequence is, that parties
find considerable difficulty in realising a profit. Manu-
facturers who buy their yarn are considered to be in the
best position. Colonial wools, which are, in proportion
to their quality, the cheapest in the market, are more
sought after.
HALIFAX.—We have no change in the piece market ;
there is better demand for yarns, and prices exceedingly
firm. In long wools there is a pretty fair business
doing, and prices are fully supported. Higher rates are
being paid to the growers, and it is rather expected we
shall be a little dearer here than otherwise ; at present
the current prices in the market are far from commen-
surate with those in the country.
TRADE OF LEICESTER.—The demand for the home
market, has been dull this week. Continental orders
continue to arrive, particularly for shirts, drawers, and
fancy hosiery.

LIVERPOOL, SATURDAY.—About two o'clock this
afternoon the British and North American Royal Mail
steam-ship Asia, Capt. E. G. Lott, sailed for the Mer-
sey for New York, with the usual mails for the United
States, and British North American Colonies, 150 pas-
sengers, and a very full cargo of merchandise on board.
Her mails were carried out in charge of Lieut. Lewis,
RN., Admiralty agent.
LIFE-BOAT AT TEIGNMOUTH.—The appearance of a
new life-boat, belonging to Teignmouth, amongst the
breakers on the Dawlish coast, last week, revived the
anticipations long since felt by the residento of this de-
lightful watering-place for the establishment of a similar
life-preserver for use in cases of accident. It has been
suggested to commence a public subscription for this
object, to which occasional bathers will doubtless con-
tribute most willingly.— Woolmer's Exeter Gazette.
T.TvioN BA'ea BONDS.-The accounts from the United
States, by the Washington, mention that the question
of the liability of Mississippi upon her repudiated obli-
gations known as the "Union Bank Bonds," has been
unanimously affirmed by the High Court of Appeals in
that State, before which it had been carried. These
bonds, which amounted only to a total of 1,000,000/.
sterling, were issued by the State more than 15 years
ago—namely, on the sth of June, 1838—when their
full value was received and expended. some questions
which were subsequently raised as to their legality being
met by the Legislature with two distinct resolutions, at
different periods, to the effect that the contract was in
every respect sound, and that any attempt to deny its
validity would be "a calumny upon the justice, honour,
and dignity of the State." In 1842, however, the
finances of the country becoming worse, and payment of
the interest being pressed, it was resolved to resort to
repudiation, and from that time to the present no re-
presentations to the people or Legislature have had
any effect, although a period of prosperity has been
experienced which has created a surplus revenue
and been a constant subject of boasting and congratula-
tion. It appears, however, that the principal of the
bonds was stipulated to be repaid at certain progressive
periods, and, that the first of the series having fallen
due in 1850, a suit was commenced by one of the holders,
which has just terminated in the decision now reported.
The only remaining question, therefore, is whether the
citizens a. Mississippi will submit to the fiat which has
been given against them even by the highest of their own
constituted authorities ; and, although the fact that an
appeal to a popular vote as to whether they should or
should not recognize their obligations, which'was actually
made by the Governor a year ago, was decided in the
negative, is a discouraging circumstance, there is reason
to hope that further resistance will be abandoned and
that a resumption of payment may at length be antici-
pated. Should such prove to be the case, repudiation
being extinguished in the quarter whence it originated,
a similar step cannot long be delayed by the other States
of the Union in which it is still practised—namely,
Michigan, Florida, and Arkansas.
MILITARY ANECDOTE OF THE LATE LORD SALTOUN.—
Lord Saltoun was with his regiment, in 1815, at Quatro
Bras, on the 16th of June, where the Guards were se-
verely engaged. At the crowning field of Waterloo, on
the 18th of June, he and his fellow-countryman, Colonel
Macdonnell, commanded the all-important post of Hou-
gomont, on the right of the British army, and held it all
day against the overwhelming numbers of the French
host,
wnoo
ffoi
tColn
whtt the
oteenotGomt.koueonaaTr el
hispodw Towards
prominent ,hrcdews Macdonnellihtnhomet w
hoelholesi
close of
had
dlii that
and
with
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uv
eventful
Lordto faboutnal
c day
t one-third
Saltounoynneteh re-
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r de
mionuenetsphaorrtt inan the
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fcelebrthisatedmcehnatrgoef
his career will at once depict thee ocheaoracter of the man,
and the regard which the officers and the love which his
men bore for him. Volunteering to go to the front some
20 or 30 paces—while the battalion was lying down, and
the last column of the French army, some 10,000 strong,
was coming on to endeavour to break the British line,
and retrieve the day—he arranged that he would put his
cap on his sword as a signal when the men were to get
up and fire. Utterly regardless of himself, and seeing
the advantage of allowing the French column to approach
to within certain destruction, he waited till they were so
near that his brother officers and friends called out to
him—" For any sake, come back, Saltoun—our own
men must shoot you ;" on which there was a general
cheer, from right to left, "Never fear : we won't shoot
my lord."—Edinburgh. Courant.
do, the
HAMPTON CoDßT.—Highly appreciating,
beneficial effects of throwing open groundssAviewethehs'eto
the public, it is only fair that we should watch it
to mar
jea-
lousy any occurrences that may be
their beauty or impair their value. Thousandscalculated
lace, "and the* demesnes that there aci,j t
of thousands of people have visited Hampton
tPbais-
tion, not a solitary exemplification
season, and yet we have not heard of
0.
fsitnigiele
bump
pedao-f
destructiveness on which the most fastidious exclusive
could fasten as a reason for depriving the multitude of
by roaming through
the great physical, and we hope
mental and moral, ad-
vantages which theyexperience
these classic and always charming regions. But we have
now to call attention to the progress of an evil for which
the people are not responsible--an evil which threatens
uponto put the park if not imme-
a -pound or two into
todi
aitnefli
yi c
at
rarne s irreparable a rlanb 1
order
s
the pockets of the ranger or rangers of the park, a
sc,re or two of rough-looking horses—the property of
small farmers in the neighbourhood—have been admit-
ted, at a trifle per head, to graze in the park. These
quadrupeds, instead of confining themselves to the grass
of the field, have evinced a strong penchant for the
bark of trees, and already a noble avenue of limes, up-
wards of two hundred years old, are being destroyed, in
consequence of their partiality for this species of food.
Some very valuable Scotch firs have also fallen victims.
Jurisdiction in the matter we understand. is a subject
of dispute between the Commissioners of Woods and
Forests on the one hand, and his Grace the Duke of
Wellington, as Master of the Horse, on the other.
Perhaps the rival authorities will be able to settle the
point after all the mischief has been done.—Sanday
Times.