The Sun.
London, England, 1849-10-09 00:00:00

Vtirtt lEtition

SUN OFFICE, Seven o' Clock.

FRANCE.

The Presse has the following on the state of trade
in Paris :
" The movement in commercial affairs, which had
sensibly slackened at the approach of the meeting of the
Legislative Assembly, has not yet resumed its activity,
and many manufactories are at work as much to form a
new assortment of goods as to execute orders received.
Several branches of trade, however, have not been
affected by the fears which were raised by the re-
assembling of the Chamber and the approach of the
trial of the insurgents of June. The manufactory
of furniture, which is one of the most important
branches, sincc it almost exclusively occupies the
working class of the Faubourg St. Antoine, continues
actively employed. The orders from the provinces and
from abroad keep pace with those in Paris, and many
of the articles have risen in price. The agitation
which had manifested itself amongst the work-
men in the above-named faubourg, and bich threa-
tened a coalition to obtain higher wages, was
Fpedily appeased ; several workmen, after having ob-
tained an increase in the establishments where they
worked, left them to go to other masters who offered
them still better terms. The masters on their side have
been able to make sacrifices in order to execute the
orders they had in. Articles of furniture have increased
in price from 20 to 25 per cent. as much in conse-
quence of the want of workmen and the dearness
of labour as from the high price of materials. The
state of the bronzc' and jewellery trades is not quite so
favourable. The manufacturers have hitherto done but
little except for exportation, and the shops of Paris
have given but few orders. This branch of business
is generally the last to resume activity after periods of
crisis, and orders from abroad have enabled it to
wait for ti o more general resumption of busi-
ness. A real activity begins to be visible in
the large establishments for manufactured goods. The
cold and wet of the last few clays have brought many
families from the country, and they have begun to make
their purchases of winter clothing. The sale, however,
principally runs on low-priced articles, and the retail
shops have done well to supply themselves with that
description of goods. All manufactured goods have
considerably advanced in price. Some dealers who
have not capital at command, and who are obliged
to renew their assortment daily in proportion to their
aides, are forced to pay higher prices. The manu-
factories of worsted goods are actively employed. They
have all orders on band fur several months, and one
house at Roubaix is said to have received orders from
a house in Paris to the amount of a million of francs
to be paid cash on delivery. In the midst of this
movement, however, credit does not appear to
recover. Commercial paper is still very scarce,
which may be readily observed by the return of the
situation of the Bank of France. In October last year, a
period when commerce appeared in the worst state, the
bank had realised more than six millions by discount
since the commencement of the quarter, whilst, accord-
ing to the last account, the profit of the bank on that
head was only four millions and a half. It is, neverthe-
less, evident that commercial transactions have now an
activity which they had not from the month of July to
the month of November, 1848, after the insurrection of
June, and the expectation of the Presidential election."