The Sun.
London, England, 1860-08-22 00:00:00

STATE OF TRADE.

MA N CHESTER, Aug. 21.—The yarn market is
very ei.niet, the demand being limited for all quar-
ters, but especially for the East, whence several
houses are in possession of telegrams of an un-
favoun able character. One of these messages states
that a:t Calcutta, on the 22d of July, cloths were
unsales tble, and that the prices of both cloths and
yarns were lower. In home trade yarns there is
no chit nge here since last week. The German and
Mediterranean shippers are doing a little business,
but nol:hing calculated to affect values, the present
stea&ti ess of which in yarns is attributable to the
recent movement in the cotton market. The tele-
gram s referred to from Calcutta do net quite agree
as to the state of the cloth market, one stating
that prices were lower, with no business, but ano-
ther reporting that sbirtings had been saleable at
3d. t o 41d. per piece decline. Telegrams from
Bombay to the 24th of July report prices of imports
lower and monsoon unfavourable. Advices from
China are also unfavourable. The consequence is
that in this market to-day all the current staple
cloths for the East have received a check, even at
the low prices of last week. As letters from Bom-
bay to the Bth and from Calcutta to the 6th of July
will be to hand to-morrow, buyers are induced to
postp one even the orders they were inclined to place
until these are to hand. The market closes in
all India goods exceedingly flat, and probably but
for the favourable change in the weather we
should have a more gloomy feeling. Printing-
cloths are lower, and long•cloths and T-cloths
more difficult of sale, the latter, if pressed on the
market , having to be sold at a concession,
LEX.DS, Aug, 21.--The long and anxiously hoped
for change in the weather, the absence of
which
apprehensions
was beginning to cause gloomy
in commercial circles, seems to have at last
taken p improved
weather and the sun has shone more genially
than for many a long week past. The
weather has not yet had time to effect any per-
ceptible improvement in the staple trade of this
district, but the tone of the cloth-market this
morning was rather more cheerful, and on the whole
a fair Tuesday's average business was transacted.
The -warehouse trade continues moderately good,
and manufacturers are steadily employed. If
seasonable weather continue to prevail, and the
harvest be well gathered in, a pretty prosperous
'winter trade may be anticipated, and it is not un-
reasonable to believe, that some of the lighter
. fabrics, of which the drapers, owing to the back-
wardness of the season, have unusually large stocks
of hand, may be bought up under the influence of
a clear sky and a bright sun. For some weeks past
trade has been conducted with proper caution, and
though stocks have slightly accumulated, they are
still within a moderate compass, and the -prices of
all kinds of goods are very firm.
ROCHDALE, Aug. 20.—The annual rushbearing
being celebrated here to-day, most of the operatives
have kept holiday, and the business of the market
has been, as on all occasions, considerably impeded.
Wools, in which there were not many sales made,
were easier to buy than last week. In the flannel-
market there was a quiet feeling.

SOUTH-EASTERN.—The directors have resolved
to recommend the proprietors, at their ensuing half-yearly
meeting, to order payment of a dividend of 14s. on each MO
stock, being wt tie rate 9f Si 13$. 4d, pin' cent, pin panam.