The Sun.
London, England, 1869-09-01 00:00:00

STATE OF TRADE.

AIANCLIESTER, Aug. 3L—ln yarns for shippers
the market is again very &A, and all descriptions
are fully id. per lb. lower than on Friday. Even
at this decline there seams to be no disposition on
the part of merchants to give out orders, and this
branch of the market closes tamely, with a disposi-
tion to further depression. The market for home
trade yarns is also quiet, and the business has been
much under an average. Spinners are accepting
prices Id. per lb. under the rates of Friday. The
cloth market seems to sympathise with the feeling
of stagnation in Liverpool, and although there is
not a very pronounced alteration in quotations,
the value of gads of all descriptions is unques-
tionably lower. During the last few days the de-
mand appears to have fallen off entirely, and the
only offers spoken of are merely made with a view
to test prices, and are generally far too low to admit
of acceptance. To-day the tone is decidedly dull,
and buyers are willing to accept a reduction on
their previous quotations. The business done has
been decidedly small. Statistics of the Calcutta
market show that stocks still keep up to the full
amount, that recent shipments have been full,
and we have very little hope of an impulse from
that quarter. Manufacturers are again going on
short production, and some of the larger mills are
going from four day's work per week to three,
owing to the unprofitableness of the trade.
CARDIFF, 30TH.—The future prospect of the
steam coal trade are decidedly of a more cheering
character than they have been for several weeks
past, and hopes are now entertained of a return
to that state of activity which characterised
business previous to the commencement of the
late depression. Inquiries from the mail-
packet stations indicate an increase in the com-
panies' purchases, which for the past few months
have been below the average. About the usual
quantity is being sent to the French ports, and to
the principal foreign and continental markets
larger clearances are being made. Owing to the
stoppage of several of the collieries, the supply is
considerably below what it was two or thoe months
ago, and this has had a favourable effect upon the
market. The house coal trade is quiet, the intense
heat having caused a considerable diminution in
consumption. Inquiries for rails are still numerou4,
and there is reason to believe ironmasters have suf-
ficient orders to keep their establishments fairly
employed during the winter months.
LEEDS, 31st.—The markets in the cloth halls
this morning have been tolerably well attended, and
the disposition to purchase goods was as active as
at any late market. The buyers were not eager to
lay in large quantities of either ordinary or winter
goods, and scarcely anything was done in the way
spring patterns; yet some fair selections were made
of almost all the current-going fabrics, and rather
more goods left the halls at the close of the markets
than on this day se'nuight. Tweeds hold a good
position, chiefly those of sombre colours, including
dark browns as well as steel mixtures, and a fair
quantity of orange mixtures also changed hands.
In heavy goods the chief demand was for beavers.
Thick meltons and white hairlists sold to a mode-
rate extent, but the demand was not brisk. There
was no change in prices noticeable in any class of
goods.