The Sun.
London, England, 1858-06-03 00:00:00

STATE OF TRADE.

(From the Manchester Guardian of yesterday. )
Business has scarcely yet resumed its course aft
the holidays. The attendance on 'Change has
deed been comparatively small.
The prices offered for the middle and 100,
counts of yarns are rather below those a 11'1:
back, and buyeri are able to do a little better 10'
themselves than they were then. This is more par'
ticularly the case with 16's to 28's warps, and
cop twist, as well as with wefts of corresponding
numbers, and 40's twist in the bundle. In sow° .°
these, the practical difference is now id. per 1b.,111,,
others fd. as compared with this day fortnight. 011
the other hand, Nos. 4to 12, in both mule all
water remain steady. The dearness of Surat cett,on
contributes to this steadiness. The spinners of°,
and upwards are obliged to decline the very ill!:
plate terms submitted to them. Double yarns zw.'
still neglected, and weaker in price.
Forty-inch shirtings for the East may be had al
decline of 14d. to 3d. per piece from the late
quotations. The commercial and political 'advicr
from both India and China tend to restrict
ness, yet offers are made by merchants, but thl
are mostly such as manufacturers are not prepay
to accept. Domestics, T's, longcloths, and print
aie not affected in an equal degree, but theye $1
inanimate, and whatever rates may be offered,t",
slightly in the wrong direction ; producers, 11°'
ever, continue to be remarkably firm.
The state of the raw material at the present -o
ment is evidently affecting our market in some u
gree, as is also the unsatisfactory aspect of politics,
affairs.

It is needful to direct attention to some circentre
stances in the struggle now going on between It
power-loom-weavers of Great Harwood and tll°_.
employers. The former sent a very respectful lettP
the other day to the latter, requesting a conferencaj,
by deputation, for the purpose of attempting
agreement. Accordingly a meeting took place
_is"
Saturday last. The representatives of.the weal%
heard what the masters had to say, and candiu,
admitted that the grounds for the reduction (iv;
wages were valid. Various terms of compron3 •
were named and discussed ; and, at last, oonditiot
were agreed to on both sides, subject, however, to
ratification or otherwise on the Monday. The pio'
ties met again on Monday, when the represents.;
tives of the hands stated the regret they felt at-13u.;
being allowed to confirm the previous provision!:
agreement. Mr. Whittle, said they, with cert‘th
delegates, had come over from Blackburn, and told
them that they had no power to settle matters;
that it was the province of the committee to Wei
or reject terms ; and that, on the part of that bo
he (Mr. Whittle) forbade them to resume work go
any abatement whatever from the old wages. ,
these poor people are forbidden to earn their aalio
bread by a knotof despots who could not pocket:,
subscriptions of their dupes if they permitted t;
to manage their own affairs. But this is n°tA to
worst result of the tyranny. It is attempts'ilio
frighten the manufacturers into submission.
see that a reward of 501. is offered for "such is'ir
mation as will lead to the apprehension eql°
viction of some person or persons who, on Sod
day night last, or early on Sunday morning, no
a valuable cow, and cut and wounded in a most
gerous manner an in-foal mare, both the prod
of Mr. R. Smith, manufacturer, Great Hartgo°4
We learn, too, that threats of personal violiPtit
have been conveyed to other manufacturers.
to be hoped that conduct so wicked, viewedine.
nect.on with the intolerable dictation aboi's,..l
scribed, will open the eyes of all well-disposeoipi
thoughtful weavers at Harwood to the degra..„o
and ruinous character of the despotism which yid
them with an iron hand. If it be true , (6°te
fear it is) that many shopkeepers and others. "t
scribe to the funds of the mischievous associate
referred to, we beg them to reflect that they,
actually participators in its guilt.

)
(From the Wolverhampton Ohroniele of vette,—to lot
The mills and forges of the district have betty
the most past suspended during nearly the 7A;
of last week, consequent upon the general h0u,,",,111
The official returns of the exports for the ro_ at
ending April 30 were issued last week, sholvZed
revival ; and the improved tone in trade, as ne-501
in our last week's article, is still maintained
now that political matters wear a more settled
pect, and the prospects of a dissolution of rerwillf
ment are at an end, at least for a time, thine •tioo
we hope, continue to improve. Our expeoluiro
are based upon the facts that there is an abult-dio
of money in the market, and orders are coaliiwn'or
rather more freely from America and the no
mint.. The requirements for India are incretoi
and orders from thence are in the market for lia'ey
sorts of merchant iron. Good mine pigs aLtefloeif
using 31. 15s. per ton, except in few ins?,:dor
where parties are obliged by necessitous elr''.4lll
stances to sell, if their furnaces are to be kel' not
blast. Some of the furnaces that were blovrinlh
during the late panic are again in operation, vinr
it is to be hoped, is a symptom of further ireP7o4
ment. The coal trade is languid, but the P 10 a
generally speaking, is firmly maintained ; and, 10
we are fast approaching Midsummer-day, till,
no likelihood of prices receding. Gubbirs an,r,,tii
mine ironstone is in good request, especia%oo
former, and 6s. Gd. per ton for good qualiwroll
readily obtained. There is a tendency to ill/poi'
ment in the labour market, especially west of disc;';
ley—a district not troubled during the Wei, oil
ters to the extent that some-others were. 1:":004
good reason to believe that the worst is 1390.4,,,' 001
that ere long we shall recover from The mooo4,
and dull condition which has been the
characteristic of the trade during the-quartet'