The Sun.
London, England, 1847-06-17 00:00:00

STATE OF TRADE.

MANCHESTER, TUESDAY, JUNE 15.—The market has
been firmer to-day for both goods and yarn. In the
morning there was a good deal of inquiry, which re-
sulted in more business in the afternoon. In low print-
ing cloths an advance of lfd. or 2d. was established; but
other fabrics are without a change. The transactions in
yarn have been limited by spinners asking higher
prices; the demand is chiefly for the German and Levant
markets.

We have to announce the failure of an extensive ma-
nufacturer in the neighbourhood of Preston, Mr. Wil-
liam Eccles, of Bamber-bridge. His liabilities are stated
at 80,0001.; but three fourths of this amount is said to
be owing to family connexions. A Preston bank is
also reported as a heavy creditor.
We regret to learn that letters received to-day from
Rio de Janeiro give an unfavourable account of the
market for British manufactures. The absence of all
demand at home, and in several of the countries which
usually take large quantities of our goods, had stimulated
consignments to Brazil, when, from the high price which
the produce of that country now bears, a good demand
was expected. The result was, that the markets were
glutted ; and it was found necessary to resort to sales by
auction in order to reduce the stocks which had accu-
mulated at Rio.

We stated in our last that, in consequence of the
passing of the Factory Bill, several manufacturers in
Preston and the neighbourhood had determined at once
to reduce their hours of working to ten. To-day we
learn that a similar course has been resolved on by an
extensive firm in the neighbourhood of Bolton, and by
some others ; and in all probability it will be generally
adopted.
ROCHDALE, MONDAY, JUNE 14.—There has been a
somewhat better inquiry for goods to-day, and rather
more business transacted than on the previous Monday,
but prices have been very low. There is little change in
the wool market, though it is perhaps easier to buy at
former prices.
HALIFAX, SATURDAY, JUNE 12.—There was no change
observable in the piece hall to-day, either in the amount
of goods sold or in prices. There is a little more de-
mand for yarn, but prices continue without improve-
ment. In wool there is no alteration, either in demand
or prices.

HUDDERSFIELD, TUESDAY, JUNE 15.—There is a
slight improvement in our market to-day, principally in
fancy goods. There is more doing in wool, and business
altogether wears a more cheering aspect.
LEDS, TUESDAY, ,TUNE 15.—Our market to-day has
been without animation. The accounts from the Ger-
man wool fairs bring higher prices for the finer sorts,
and the principal buyers were again the continental con-
sumers, which augurs badly:for our manufacturers.—
Manchester Guardian of Wednesday.

MONEY MARSET.—The
_premium on gold at Paris
is 15 per mine, which, at the English Mint price of 31. 17s.
101 d. per ounce for standard gold, gives an exchange. of
25.52 ; and the exchange at Paris on London at short being
25.571, it follows that gold is 0.22 per cent. dearer in
London than in Paris. The price of gold at Hamburgh
is 4351 per mark, which, at the English Mint price of 31. 17s.
101/2d. per ounce for standard gold, gives an exchange of
13.101 ; and the exchange at Hamburgh on London at short
being 13.8 a, it follows that gold is 0.87 per cent. dearer in
Hamburgh than in London. The course of exchange at New
York on London is 107 i per cent., and the par of ex-
change between England and America being 109 23-40 per
cent., it follows that the exchange is 2.33 per cent. against
England. But the quoted exchange at New York being for
bills at 60 days' sight, tie interest must be deducted from
the above difference.

POST-OFFICE ARRANGEMENTS.'—We believe that
a series of important and extensive alterations in the
dispatch and arrivals of the mails for all parts of
Scotland are in contemplation by the Post-
office authorities, and will probably come into
operation in the course of the next two or three
weeks. In the first place, it is expected that the
London mails will shortly be considerably expedited on
the opening of the Newcastle and Berwick Railway.
When this line opens, the London day mail, which ar-
rives here at present about 9 A.M., is expected to arrive
about 6 A.M.; and the London night mail, now arriving
about 8 P.M., will arrive about 5 P.M., being a gain of
about three hours in both instances.—Scotsman.

lIERRINQ TRADE.—EPICS, JUNE 3.—During the
past week 355 barrels of herrings have been landed here,
from the Lews, making the total import, up to this date,
from that island, 976 barrels. By recent accounts tho
fishing was progressing favourably. A good many boats
have attempted the fishing, with the hook, in this neigh
bourhood, during the week. On Monday evening they
were partially successful, several having a few dozens of
herrings which were used for bait. On the subsequent
evenings the success was less, as very few were got. The
fishermen will now, as the season is advancing, persevere
in their efforts, and will be trying the nets in about a
month hence, if not less. Preparations for the fishing
are now going on, somewhat slowly. The fishermen are
busily employed in barking their nets, and making other
preliminary arrangements.
Mr. Ellis, silversmith, of this city, has in his pos-
session an ingot of fine silver, weighing several hundred.
ounces, the produce of the Cobmartin Mines, in this county
Western Luminary.

CONTINENTAL ACCOUNTS. From Marseilles we
learn that, in consequence of the sudden decline in the price
of wheat, one of the most extensive houses engaged in that
trade had suspended payment. The liabilities are stated at
3,000,000 f. (120,0000 It is said that some of the Greek
houses in this country are sufferers. At Marseilles this failure
had created considerable anxiety, as it was feared that others
would follow in consequence. While a sudden fall had taken
place in the prices of wheat at Marseilles, several of the
markets in the north are advised as being higher, and among
the rest that of Paris. Some of our readers are aware that
an attempt was made some time ago to introduce the
beetroot sugar of France in a raw (muscovado) state, in the
hope it would find a market among our refiners. The sugara
looked extremely well, but the taste and flavour were so bad
that the attempt has entirely failed, and we learn that the
j greatest part of that which was imported has again already
been returned to France.
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