The Sun.
London, England, 1848-08-09 00:00:00

STATE OF TRADE.

MANCHESTER, TUESDAY.—There has been no sensible
change in the state of our market during the last three
days. Perhaps, on the whole, less business has been
done for the home trade, which has been rather un-
favourably influenced by the state of the weather.
Prices, however,' have been perfectly firm, and, on some
descriptions of 40-inch cloth, thedemands of the manufac-
turers have been more readily acceded to, though no actual
advance can be quoted. This afternoon, some little ex-
citement was created amongst the German merchants,
by a telegraphic announcement of a notice alleged to have
been issued by the Danish Government fur a strict
blockade of the principal German ports and rivers, in-
cluding the Elbe and the Weser, to commence on the 15th
instant. As it is understood that this blockade would
apply to neutral as well as to German vessels, and
would, consequently, put a stop the further transmission
of English gouda to Germany, the notice is calculated
to interfere seriously with the execution of the orders
which are understood to be nom in the hands of the
agents here on German account ; and, if the block-
ade should continue, it must ultimately drive the
trade into indirect and very inconvenient channels,
We trust, however, that the absurd and aimless con-
test out of which it his grown, will be very shortly
determined by an arrangement, for which both parties
must now he sincerely desirous. It is hoped, also, that
the combined and powerful mediation of England
and France may have the' effect of putting a atop
to the further prosecution of the war in Upper Italy.
The settlement of these t*blnestions would, no doubt,
exercise a very' beneficial influence upon our market.
Another failure at Glasgow, wising out of the suspension
or Dunlop and Itowand, was tinnounced here yesterday.
The parties are Furguson and Co., 'manufacturers by
power. Their engagements are stated to be about
12,0001.; of which 2,500/. to.n,oooL is said to be owing
in Manchester. It is'geneally understood that no serious
loss will result from their failure. .
ROCHDALE, Mostreer.--There was a very fair demand
for flannels to-day, at the 'prices of last week. Dyed
goods have been'much inquired for, and many have been
sold. The demand for kersey has been slack, and the
sales limited. There is little change in the wool market;
prices continue firm, and the demand moderate.
HUDDERSFIELD. TUESDAY.—The Cloth Hall to day
was very thinly supplied with goods, and what pur-
chases have.heen made, bete been on an improvement
upon last week's prices. It may be safely said, that
business, throughoet the' whole of this district, is
brisker hen it has been for some months past.
HAurex, SATURDAY.—We cannot report any amend-
ment in the state of trade in our Piece Hall. Scarcely
any goods have changed hands to day. For plain goods
there is literally no inquiry, and the demand for fancy
goods is very languid. In yarns, there is no alteration.
Wool remains about the same, and not much doing.
LEEDS, TUESDAY.—We have no new feature to re-
port about our this day's mat ket. Trade continues fair,
and thus maintains the improved condition of all its
' branches. Prices remain without any change, nor is it
desirable they should show a tendency to rise, which, we
fear, would soon check the progress of the hitherto
satisfactory state of business. —Manchester Guardian.

day eTening,BAAugN.
3718048.F;iF RAN CE.
The following was the situation of the Bank on Thurs.

A ASZTS.

Cash in coin and ingots
Ditto in branch banks

f. 95,802,851 09
79,275,798 00

Bills past due ..• 2,046,545 27
Billb becoming due in Paris ••• ... 92,554 307 59
Bills in the branch banks •.• ... 140,253,130 87
Advances on coins and ingots... ... 16,612.200 00
Ditto on French pUblic securities ... 37,876,496 65
Ditto by branch banks••• •.• ... 1,360.255 00
Ditto to the State on Bons du Tresor•.. 50,000,000 00
Advance to the State on the lean of
150,000,000 f. ••• 25,000,000 00
Reserve RentEs ••• ... 10,000,000 00
Rentes, disposable funds ... 11,217,860 71
Investments of the new branch bankain

the public funds ...
Hotel and furniture of the bank ...
Real property and branch banks ...
Interest in the branch bank at Algiers...
Interest in National Discutint Bank
Ditto branch banks ••• ••• •• •
Bills Protested in the Bank ...
Ditto in the branches ... ..•
Expenses of administratiOn of the bank
Ditto at branches
Miscellaneous ... •••

12,806,741 39
4,000,000 00
2,523,241 00
1,000,000 00

200,000 00
230,000 00
21,774,505 40
10,915,342 00
136,111 58
58,355 00
1,256,598 05

LIAI3ILITIE3.

f 616,930,339 60

Capital ... • • 7. ... ... 67,900,000 00
Ditto of the new Branch Banks ... 23,350,000 00
Reserve fund ... ••• ... ... 10,000,000 00
Ditto of the branch banks ...
... 2,980,650 14
Rk•serve• immobil!ere. ....
...
... 4,000,000 00
612,055 00
Notes to bearer, in circulation ... ... 306,540.400 00
Ditto of the branch banks ...
... 67,507,990 00
Treasury..
... 21,660,091 14
Dv
.t‘
cai tcrtoioouutnost
.aoccrucdroerure
In(i
accounts
(gust-bills)
isc
iutt-rhbr ien .. . .. .
72,991,941 24
Ditto in branches ••• ... ... 24,228,263 00
Bills payable at sight ...
...
... 2,157,500 00
Ditto at branches ...
...
.. 1,713,660 00
Bills of the branch banks payable by
the Bank ... ... ... ... 4,146,726 86
Ditto of the Bank payable by branches,. 1,809.654 00
Dividends payable ... . . ... 1,089,262 75
Branch Batik of Algiers, sum not yet
employed in Treasury Bonds
Discounts, diverse interests, &c.
Ditto branch batik....
Re discounts of the last' ix months
Ditto in branch banks ..
Miscellaneous

... 1,109,638 19
... 770,620 70
... 889,585 00
... 422,932 27
... 642.105 00
... 407.436 31

616,930,339 60

Certificate confirmed,
The Governor. of the Bank, D'ARGOUT.

THE INCUMBERED ESTATES
(IRELAND) BILL.
From this measure it is expected that the land now so
inconveniently
tied up in a few hands that cannot use it,
will be opened to the enterprise of hundreds or thousands
of little capitalists, anxious to become the owners of
small estates secured by a Parliamentary title. The
great fact set forth is, that the nominal owners of the
land in Ireland are not the real owners ; and that this
Bill, if cskrried into a law, will convert nominal into real
owners, and leave all the conflicting interests of the ex-
isting inciambrancs unintertered with. This great and
effectual change is to be made in the most expeditious
and cheapest manner known to the law; sad the change
of ownership will at the same time to some extent bring
about, or even compel, a division of the land. The
8.000 owners may be expected to be indefinitely multi-
plied; and each of the new owners, all of whom are sure
to buy the land with a view of making a profit by cul-
tivating it, will b. e an employer of labour. What the
effect of this will be was well explained by Mr. C. P.
Villiers. " When Captain Kennedy (he said) took the
management of the Devon estate, he found the popula-
tion on it redundant to excess; but he set to work drain-
ing and inclosing. and carrying on the other improve-
ments familiar to English agriculturists. He then found
that, so far front having a redundant population of
labourers, he had not a man too many." Now this
measure is calculated to plant a Capt. Kennedy, if peace
he preserved, on every one or two hundred acres of
Ireland, and thus be the means of employing the bulk of
the Irish in the only labour in which they are proficient.
We have shown in another article, with reference to
other countries, that prosperity and peace go hand in
hand. There can be no doubt whatever that the check
which in later years has been given to the progress of
population in Ireland, previously stimulated into exces-
sive activity, is at the bottom of all the unquietness, in-
surrections, and rebellions, on which demagogues have
thriven. A measure,
therefore,, which promises to em-
ploy the people, and provide means for
.employing an in-
creasing number, which beginning, with the improve-
ment of land, then extends to the arts in the towns that
supply the immediate wants of the agriculturists, thus
encouraging. enterprise to explore the mines and fisheries,
for which unenterprising agricultural population supplies
the means and the market for the produce, is precisely
that which is most requisite for Ireland, and most within
the. compass of ordinary legislation. It is quite pos-
sible that a more sweeping measure of dealing with the
land might have been more efficacious; but it is equally
certain, as the opposition given to this measure shows,
that no Government could now pass a more sweeping
measure. The Incumbered Estates Bill seems exactly
adapted to the times and circumstances of Ireland; it
promises to be the most efficacious, economical measure
ever passed for that country; and we see, with deep re-
gret, that the promise of improvement it holds out for the
people is likely to be marred by turbulent agitators,
who, pretending to be their
friends, are their worst ene-
mies.—Economist.

HURRICANE.—On Thursday the Banffshire coast
was visited by a severe hurricane. The herring boats,
all out, made for the nearest ports, and entered in safety.
Next morning a pilot observed a small boat floating east-
wards, and put out, when ho found a man, his wile, and
another woman. helpless from fatigue. A cooper of the
name of John Urquhart, who has left a widow and eight
children, was washed overboard on the previous morning.
—Glasgow Examiner.
The Great Britain steam•ship is advertised for
sale by auction in this town in September.—Liverpool
.Standard.
A SIMPLE ANSWER TO A POLITE QUESTION.—.
" Can I shw you anything more today, Sir?" asked
the civil gentleman behind the counter of his worthy
customer. " Yes," was the reply, " will you be good
enough to show me the silk umbrella I left here three
weeks ago?"
.liings, near Stourport, have just been discovered
The ancient registers of the church and parish of
Areley
after being lost for very many years. They are from
1533 to 1703.