The Sun.
London, England, 1867-09-25 00:00:00

STATE OF TRADE.

MANCHESTER, Sept. 24.—The market has been
dull, and is again getting a good deal depressed. In
shipping yarns sellers report that they have had to
make a concession of id. per lb. Home trade yarns
are also very slow of sale, and Id. to Id. per lb.
lower. For cloth the demand has fallen off, and no
doubt the market is much quieter in comparison
with last NI eek. At the same time manufacturers
show a good deal of firmness. The nominal advance
of last week may now, however, be considered as
abandoned. In some instances a concession would
be made to command sales. This is less the
case in goods suitable to the Easter❑ markets, be-
cause manufacturers hold contracts yet which give
them no pressing necessity to seek for new business.
The suspension of Messrs. Walker, Hamilton, and
Co., of Manchester and Glasgow, is announced.
Their liabilities in Manchester are said not to ex-
ceed £lO,OOO. ➢lessrs. John Stagg and Co. report
of to-day's cloth market :—" During the last few
days there has been a marked falling off in the de-
mand both for India and China goods, but as
makers are pretty well engaged there has been little
decline in price. To-day our market is dull, and
the business limited. Though we cannot alter our
quotations, prices are decidedly in favour of the
buyer."
CARDIFF, 23d.—The steam coal trade continues
to present a more cheerful aspect, and the exports to
several of the foreign markets are being pushed for-
ward with increased vigour. The quantity shipped
at Birkenhead keeps about the same, but the efforts
made to induce merchants and colliery proprietors
to send their coal to that port will, it is expected,
ultimately lead to a considerable increase. For
house qualities there is a fair coasting demand, and
quotations are tolerably well maintained. In the
Rhondda Valley the colliers are rather difficult to
manage, turn-outs being often resorted to under
the most trivial excuses, and this has led to the in-
troduction of a number of Cornish miners. In the
iron trade rails are selling somewhat more freely on
foreign account, and the United States once more
are becoming better customers. As regards home
business, makers believe that the ensuing winter
months will witness a degree of revival, and this
belief is strengthened from the fact that several rail-
way companies will shortly have ample funds in
hand to make purchases. The tinplate market con-
tinues tolerably firm.
LEEDS, 24th.—The markets in the cloth halls to-
day have been of an ordinary character. The demand
has not been very active for any class of goods, but
tweeds sold most readily in the coloured cloth hall,
while in the white cloth hall witneys and beavers
were in most demand. A moderate amount of
business was done in the finer qualities of hair lists,
but not much in ordinary plain cloths. There is
not any change in prices noticeable.
ROCHDALE, 23d.—There was a moderate attend-
ance of buyers in the flannel market to-day, and
fully as many transactions took place in both plain
and fancy flannels as last week. Manufacturers are
fairly employed, and the stocks are not much in
excess of what is usual at this season of the year,
though the trade has been rather languid for some
time. There is no improvement in the Yorkshire
goods trade, and manufacturers are rather contract-
ing their rate of production. Wools are firm in
price, but manufacturers buy little beyond their
immediate wants.