The Sun.
London, England, 1856-11-05 00:00:00

STATE OF TRADE.

MANCHESTER, Nov. 4.
The easier state of the Liverpool cotton market
causes rather greater difficulty in the sale of cloth,
and we have had but a quiet market. The ac-
counts from India, which were considered rather
favourable, have not yet led to much business, and
the orders placed yesterday and to-day by most
shipping houses have been inconsiderable in
amount. Printing cloths, shirtings, and other
fabrics suited to the home demand are in rather
more request, at full prices. Velvets, velveteens,
cords, and satteens are in fair demand, and are get-
ting dearer, velvets being difficult to buy in conse-
quence of many of the makers being engaged
for three months forward under contract. In
some few cases sellers have been willing to meet
the terms of buyers this morning in goods where
there are any stocks, but, generally speaking,
manufacturers exhibit much firmness in demand-
ing the prices current last week. Spinners are also
firm, and, although yarns are about Id. per lb. be-
low the highest rates demanded a week ago, there
is no disposition to give way further. There is a
quiet market for all kinds of yarn, but if spinners
would have given way a little there would have
been more business in 16's to 24's water twist. In
40's, 50'e, and 60*s mule for India there was some
inquiry, and also in yarns suited to China. Double
yarns continue scarce in consequence of the rather
heavy orders already iu the hands of spinners for
execution, and some fair orders are in the market
for Germany, but are held over in the hope of
rather easier prices.
Messrs. John Slagg and Co. report :—" We had
a steady market throughout the week, and a fair
amount of business was done at last Tuesday's
prices. Yesterday sad to-day, however, owing to
the change in the cotton market, there has been
little or nothing done either for the home trade or
for shipping; but we cannot make any change in
our quotations, as, tliough there is more anxiety to
sell, manufacturers generally are too free from
stock to give way at all in price."
Messrs. George Fraser, Son, and Co. say :
" There has been a decided dull and inanimate
market, with a very limited amount of business.
Prices remain generally as last week, but the busi-
ness now doing is only when some reduction is made
in the rates asked."

LEEDS, Nov. 4.
The markets in both the coloured and white
cloth-b4lls have been very quiet this morning,
and purchases have been confined mostly to mix-
tures and other low goods. In prices and the
general tone of the woollen cloth trade no alteration
can be noticed. The morning has been very foggy,
so that it was difficult for buyers properly to see
colours.

The woollen market at Huddersfield has also to-
day been of a quiet character, which is attributable
partly to its being between seasons and partly to
purchasers waiting for the wool sales commencing
on Thursday. The warehouses and cloth•halls are
both dull. Drabs and mohairs find the readiest
sale, but little is doing worth recording. No
change in wool.

THR GERMAN CURRENCY CON-

11 EKON CE.

VIENNA, Oct. 31.—Great secrecy was observed
as long as the Currency Conferences were going on,
but the results of the prolonged deliberations of
the representatives of the leading German States
are now generally known. ' The basis of the silver
currency will be the Customs-Union pound. One
pound of fine silver will be coined into 45 florins
in Austria, into 30 dollars in Prussia, and into 52f
florins hi. he Federal States in southern Germany.
A silver coin, which will be a legal tender in all
the German States, is also to be minted, and 15 of
them will contain one pound of fine silver. The
coin in question will therefore be worth two dollars
in Prussia, three florins in Austria, and three and
a half florins in southern Germany. A gold "cus-
toms-union " coin will also be minted, of the value
el
14called r1.‘54 c rAo wn ent,r,i,ananfldosros
crowns
The
willgo bl dceo
coinedin w i Rill
be
out of one pound of gold. The protocols of
to the
the
Currency Conferences have been forwarded
German States which were not represented here,
and when they have been taken into proper con-
sideration another and general 11e 011ference will be
held. It must be added that t
thegold " crown " is to be taken iparitcheeaGt German
States will be fixed every six months.