The Sun.
London, England, 1847-08-05 00:00:00

Liberals ...
Peelites ...
Protectionists

STATE OF TRADE.
(From P, rgu so i) and la i •r's 'Monthly t rede C. I
and Manchester ricee Current; Jult The course of busine,:s in -h ,
alArliet 'Judi:K. the
. month just concluded admits of
little r.emark. At the
beginning there was a-" • •
ensposmcn evidenced to enter
into engagements
the view of anticipating advanced
mtyttt rates, alio))
speared highly probable from the move-
aro Liverpool Cott,n Market; arid during the
. fortnight some very considerable parcels changed
lelands. As expected, the prices of all our princip.l
'tittles co,itinued to advance, with the exception of
G. E. India Long Cloths, the dim ind f.r wnieti teeing
intuitive, the efforts of holders to obtain a higher currency
were, in most cases, unste cess-ul. Rumours of a recur-
rence of the potato disease begin toaards the middle
of the tn nth to be industriously circulated ; and it
credence were not generally given to the tull extent t
the reports, sheik and apprehension at least obtained
possession if mans minds, which circumstance, cem•
bitted with a tighter Money-market (occasioned by the
heavy railway cal's. the French loan, and decrease Di
bullion in thu Bank) had the effect of checking opera.
dons here ; and from the middle of the month to th,
present, our market has h, en comparatively dull and in
active. Prices dur.ng the past ten day a have experienceci
a reaction, and have declii:ed to (within a snide)
currency rttlrrcg at the commence went of July. The
season is ratel.• one of activity in either the export or
home trade, end the coming on of the General Election
at this time, must tend materially to interfere with the
current of commercial operations. The prospects of thi
harvest still continue to he cheering, and under sucl-,
circumstances, manufacturers app. ar to calculate con-
fide ntly en a good Autumn demand. The limited busi-
ness doing in yarns and goods, together with the hie)
rates of cotton, prevent any imper. ant extension of the
production am her, in twist, or cloth, of he heavier de-
scriptions. The new Factory Act has been anticipa et;
by most of ,tir mills ruiunbig but, ten hours per day, but
a large number of the mane.iactories of coarse fabrics
still remain on short tins's.," or are closed. The limi
tation of production has served to keep stocks within
moderate bounds, and consequently the market is some-
what relieved at this time of comparative depression, by
that fact.
We are glad to observe that the attention of merchants
and manufacturers is beginning to be seriously addressee
to the suject of the supply of cotton. Since we first ad•
vert.d. to. this question, seine interesting proceeding-
have, takeieplsce in the Chamber of the Manche:4) r
Commercial Aseeciation, arid important facts have been
promulgated felative to the capacity of India for th,
growth of superior cotton. In London, a company,
under royal charter, is proposed, tend is in c urse
formation, having for its object a devei. prnent of th,
agricultural and mineral resources of Africa. but "above
all, for the cultivation and the production of cotton," b,
the free labour of the native population. The clim•iti
and soil of this tropical region b tug eminently favour-
able to the abundant growth of the finest staple. the
proceedings of the Royal Aft lean Agrieultural and Cora
mercial Company will he looked on with great inter, e,.
The• enterprise of British merchants being now fairly
directed towards this very Imporeent national queetion-
the more abundant supply eif the raw material of
ou
greatest staple tnanutacture--we miry expect, before
many years have passed away, that the capabilities o-
our colonies and possessions will be fairly tested, ane
the sources of supply, not only of cotton, but other
the raw materials of our manufactures, be greatly
extended, while the markets for cur products will be a,
the same time enlarged by the greater interchange o
commodities which must follow on the policy suggested
How "to keep Lancashire supplied in cotton" mus'
engage the attention of those who are charged with the
superintendenc,- of trade and the colonies, and we are
glad to see, 'rem the hint w. quote from the Times. the'
the great (mean of the commercial inn, rests of Britai
has its utterition directed tie this imporient subject
Goons MARKET —A !air di•rnand stilt voutolues ti
the 'ewer descriptions of 7 Bt.i.s Priming Cloths, to,
stocks are very bare, many makes being difficult to toe.
with. Prices if anything are a shade higher this weal-
and are quite firm. The finer descriptions are mei.
plentiful, but prices are notwithstanding well sapportei
9.Bths Printers and Mad iapolams have been only
limited request. There is little variation from la
month's prices, although rates a shade higher are auket.
The Awne remarks apply to 36 inch Shinnies.
G. E. - India Longcloths are decidedly neglected, at
storks as compared with present rate of consumption at.,
heays. The -production is being further curtailed 1..
meet _th ii condition of the eiarket. The advice's tries
Ind a and Chita are discourag rot, te,d iu the absence c
demand, manufacturers are anxious to realise at rate
which involve a sacrifice on th.• cost it production. Tto
wider fabrics having t i be produced to 'rd. r in mie
cases, prices somewhat discrepant are paid, but th
demand for this class eif fabrics is only limited. Do-
mestics and stout Longcloths are hastening, not
much from improvement of demand, as the in,reasiot
scarcity and the relative high value of cotton. The.
production of these manufactures has been .reatly .air
tailed, and present prices leaving no margin of plaffit
the cost, offer no inducement to increa'e the supply. It
velvets, velveteen; and fustians, there is ei) change o
moment to notice. Prints are in better request, sae
owing to the advance in grey cloth, prices somewle.,
higher are demanded. Stocks are scarce, and huh
novelty is at present offering.
YARNS.—In the early part of the month there was
fair demand for twist, and when buy era were compelle.
to operate, higher rates had to be paid, owing to the
firmness of spinners, who were urged to it by the
advance in cotton. Within the past fortnight there ha:
been less doing both for India and the Continent to
Europe; prices have, consequently given way. Although
production is much curtail, d, enough seems to be pro
duced to meet the demand, and stocks have even a
.endency to accumulates. Warps are less in request. an,
are fully id. per lb. lower. Cops and doubled yarns ar,
steady.

BRADFORD MARKET. —WOOI continues dull of sale,
but still the late rates have been firmly maintained, a:
stocks are not at all plentiful. Spinners purchase on the
most limited scale and only for pressing wants. Yarns
are a shade better, and seem tending upwards from tht
present ruinous prices. Snould the improvement in de
mand continue, higher rates will rule, as production is
very contracted; but we fear that when the consumption
tit• the raw material may be increased beyond its present
amount, an advance upon that will b' demanded, and a
check be given to the spinner. Piece goods are it
moderate inquiry, and good makes of Orleans an,
Luttres are engagwd for seme tiro.• to come; higher rate,
are being asked by makers, and in most instances the)
are conceded. Lasting; and 4.4ths Mt•rrnoes still remair
flat, but at. the rates lately current have b.•en exceeding y
low, some considerable lots have changed hands. l'bt
prospects of this market are decidedly favourable, and
the improved tone wears the aspect of permanence.
COTTON MARKET.—Although there was considerable
exeiternent in the Liverpool market, and some consider
able operations effected at improved rates, the feeling
was only temporary. During the past three weeks th,
business dune has only been moderate, and holder•.
although not anxious to press sales, have shown a dts
position to reltix a little in their defrost ds. Since the
arriv.4l u' the I. 7aledortia the m -rket has assumed mote
activity, and pi ices are qu tied the tutu high=.•r. Accord
infz to American estimates, the receipts of last year's
crop, as compared with that of the year preceding, art•
less ; the stocks held at the ports are now, however.
1.52 000 bags more than last year, whilst the exports tt
Great Britain sh iw a decrease of no less thsn -t32,000
bales.
_The comparison of stocks of American at th•

ports of Grrat Britian, at this time shows a deficiency,
as c ,mpared with the same period of last year. of lull)
245,000 haler,, arid if even the excess of stock at the s .a
b ant of The States were add( d, Ne should be still nearl
100 000 hales deficient of last year's supply, notwith•
standing that the consumption has been reduced full)
one third. This position of things gives reason for
serious apprehension, and plainly proves that Gresi
B-it4in must open out for herselt wider sources of supply,

or her roanufactuling industry may some day sustainh
calamitous revulsion too great to contt.mplate, if she
continue to be so largely dependent on the vicissitud,
of the season in one quarter of the glob,. It appears
to be now a settled quemtion that the value of Cottou
will be for a time -enhanced by every indication of im

proveinent in this market, and it is, therefore, to be ex
petted that any revival of business here will be followed
by a demand for higher prices. We believe no class or
our staple manufactures, wnether yarns or goods, leaveik
a fair profit to the producer.

THE HULME MURDER.—On Monday morning, the
man JJseph Spied, the murderer of hi, two unfortunate
children, was brought up before Mr. Maude, at the Be
rough Court, to undergo examination, on which occa
siiin the Court was densely thronged by parties anxious
to obtain a glimpse of him. He is a man of low stature,
somewhere about five feet seven or eight inches high.
and possessing nothing in his personal appearance he
yond that of an ordinary working mechanic. When
called up into the duck he appeared quite calm and col-
lected, gazing steadily at the bench, and exhibiting the
quiet composure of a man to be cf.iarged on some very
trifling offence. He did not exhibit the slightest symp •
toms of insanity. After he had taken his place in the
dock, Mr. Taylor, the superintendent of the 1) division
of police, rose, and addressing Mr. Maude, said—ln this
case, Sir, I wish to apply fora remand, as the witnesses
are now before the Coroner, who is holding an inquest
on the bodies. Mr. Maude—On what charge is the
roan brought here ? Mr. Taylor—Charged with the
murder of his two children. Mr. Maude—Very well,
I will remand him until Wednesday. lie was then taken
down from the dock, and many of the spectators left the
Court.—Manrhester Courier.—The inquest on the ho-
dies of the two children was held on Monday, and thi-
pariculars which we stated on the occurrence taking
place were fully established. The jury Returned a ver-
dict of " Wilful murder" against Speed.
MURDER AT GREENHITRE.—On the evening of
S, 'day lr id 7hr -'clock, G-