The Sun.
London, England, 1847-04-22 00:00:00

STATE OF TRADE.

'MANCHESTER, TUESDAY.—Although it is generally
understood that there is a considerable amount of orders
for the purchase of goods and yarn now in the hands of
1 azents here, the amount of business done is exceedingly
limited; and, perhaps, on no previous Tuesday, for some
time past, have there been so few sales as were made yes-
terday. Partly from the stringent proceedings of the
Bank of England, and partly from the great instability
and uncertainty of prices in the cotton market, neither
buyers or sellers seemed anxious to do busi-
ness. Generally speaking, spinners and manu-
facturers demanded an advance ; and the little business
done was mostly at rather higher rates ; but few buyers
were inclined to accede to the demand. The con-
tinued depression in the market has recently caused
some considerable additions to be made to the number
of factories entirely at a stand. It is stated that four
more have stopped at Rochdale, where the whole num-
ber standing is said to be fifteen; a very extensive
concern in Cheshire has also been closed; in the mills
producing coarse yarn in the town and immediate
vicinity of Manchester, the consumption of cotton is
probably not more than a third or a fourth of that
consumed twelve months ago; awl it is fully expected
that the mills at Stockport, which have been hitherto
working four days per week, will be reduced to three
days, with the exception of one or two large concerns,
which will probably be entirely closed. Amidit all this
depression in business, it is satisfactory to 30 able to
state that, so far as we can learn, there is very little
alarm or distrust in this district, a striking pool of the
caution and prudence which merchants and manu-
facturers have displayed in the conduct of business for
some months past.
ROCHDALE, MONDAY.—TIIO announcemen. in the last
week's report of the flannel market, that a manufacturer
had stopped payment, occasioned some unpleasant sur-
mises. The party referred to was a residentin Saddleworth,
and not a Rochdale manufacturer, but hiU been in the
habit of attending this market. We have Sad but little
doing in the piece market to-day, but priers are much
at former rates.—Mills stopped : Four or five factories
etheaesseadmweoarskilnagst
owneeicki.ondTahye wool market continues dull,
last,
same
feared
rs e, if
ecaoruedthat
many more will be obliged to adopt
andopt it
m the
there be not a speedy change for the better. Many mills
were standing before the commencement of this week.
HALIFAX, SATURDAY.—The dulness Out has so long
rested on the worsted trade remains unal eviated; and I
there is no perceptible change either in demand or in
prices. The slightly improved demand for yarn noted
last week still continues, accompanied by a ;mall advance
in price; though the spinners cannot yet )btain a bare
remuneration for their outlay. There is lac alteration in
long wool; the improving effects of increased consump-
tion and short stocks being fully counterbalinced by the
pressure in the money market. Short wcols are not
active, and the lower qualities have rather a downward
tendency.
HUDDERSFIELD, THURSDAY„—The markethas been
very dull. There are a few buyers, but there is no in-
clination to speculate beyond their immediae wants.
The rise of 6s. the quarter on wheat casts a gloom
over both buyers and sellers.
LEEDS, TunsDAY.--There has been a good attendance
at our cloth halls to-day, but the business done was very
limited. The unfavourable state of the corn aid money
ma,lets evidently acts too powerfully on the strings of
commerce.—Manchester Guardian.

Dispatches were received yesterday at the ColOriag-ofact,
front th• Go-swore of the West India Colonies.