The Sun.
London, England, 1847-04-21 00:00:00

STATE OF TRADE.

MANCHESTER, TITESDAY.—AIthough it is generally
understood that there is a considerable amount of orders
for the purchase of goods and yarn now in the hands of
agents 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
an 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 rate ; 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 producing coarse yarn in the town and im-
mediate vicinity of Manchester, the consumption of cot-
ton is probably not more than a third or a fourth of that
consumed twelve months ago; and it is fully expected
that the mills at Stockport, which have been hitherto
working four days per week, will be reduced to three
days,whie h with till phreo
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depression in business, it is satisfactory to be able to
state that, so far as we can learn, there is very little
alarm or distrust in this district, a striking proof of the
caution and prudence which merchants and manu-
facturers have displayed in the conduct of business for
some months past.
RCCEDALE, MONPAY.—The announcement 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 resident in Saddleworth,
and not a Rochdale manufacturer, but had been in the
habit of attending this market. We have had but little
doing in the piece market to-day, but prices are much
the same as last week. The wool market continues dull,
at former rates.—Mills stopped : Four or five factories
ceased working on Monday last, and it is feared that
many more will be obliged to adopt the same course, if
there be not a speedy change for the better. Many mills
were standing before the commencement of this week.
HALIFAX, SATURDAY.—The dulness that has so long
rested on the worsted trade remains unalleviated; and
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 small advance
in price; though the spinners cannot yet obtain a bare
remuneration fdr their outlay. There is no alteration in
long wool; the improving effects of increased consump-
tion and short stocks being fully counterbalanced by the
pressure in the money market. Short wools are not
active; and the lower qualities have rather a downward
tendency.
veri;DRSFIELD, TIMItSDAY.—The market has been
There are a few buyers, but there is no in-
clination to speculate beyond their immediate wants.
The rise of 6s. the quarter on wheat casts a gloom
UdDuitEe
over both buyers and sellers.
LEEDS, TIIESDAY.—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 and money
markets evidently acts upon too powerfully on the springs
of commerce.—lffanchester Guardian.

LONDON SOCIETY FOR TEACHING THE BLIND TO
READ.— Yesterday the anniversary meeting of the friends
and supporters of the above society was held at the Hanover-
square Rooms, and was very fully and fashionably attended.
On the platform were exhibited several specimens of the
systems upon which the blind children were instructed. The
plan is that of the late Mr. Lucas, and consists of raised or
embossed characters, which the pupil distinguishes with the
finger. The Bishop of Oxford having taken the chair, and
delivered an eloquent speech on behalf of the society, the
secretary read the report. It stated that more than 500
persons had been taught to read in thesociety'ssehools,which
at present contains 67 pupils. The year's receipts amounted
to 1,197/., and the exp.2iiditure left a balance of 59/. Besides
this, the sum of 1,300/. had been collected towards the erec-
tion of a t)ew builuing iu Avenne-ro4d, Ilegent'A Park. The
report was adopted, after which the blind children read
several chapters from the Bible, eliciting the warm appro-
bation of the meeting. ResQlutions were then passed, and
the meeting separated.