The Sun.
London, England, 1858-06-10 00:00:00

STATE OF TRADE.

MANCHESTER, JUNE B.—The market is very
quiet. In addition to the Ad per lb. added to the
price last Tuesday, spinners were asking another
id. towards the close of the week,-but from the
course taken by the cotton-market since Saturday
they have had to relinquish all hopes of obtaining
it, and are rather free sellers this morning on the
terms of last Tuesday. The fact is, that the more
recent accounts from the United States read fa-
vourably as to the prospects of the growing crop,
and this has awakened fears among buyers of cot-
ton goods that the price of the raw material will
further give way, and they are holding hack for
more favourable terms. At the same time there
is more firmness - among sellers. Spinners
are, many of them, well under contract, and
will not make the slightest abatement. It is only
such as are out of orders that are offering at last
Tuesday's rates. The purchasesila,st week in yarn
were rather heavy for Germany, and shippers for
that ma-ket are still purchasers on favourable
terms. For India there is but little doing. The
home trade buyers and shippers to the Mediter-
ranean are in the market, and are operating to a
moulera,e extent where any abatement of terms can
be had. In cloths buyers are holding back for lower
terms more steadily than in yarns. India shirtings
are down since last Tuesday lid. to 3d. per piece,
and other fabrics suited ;to the same market have
given way to an equal extent, with but little busi-
ness at the reduction. In the heavier go )ds, such
as domestics, long cloths, and printers, there is a
steadier feeling, and there is some demand for them,
but it is not of any considerable moment.
, LEEDS, June B.—Buyers having purchased well
on Saturday, have been but in moderate attendance
in the cloth-halls to-day, and the market has been
rather flat as to sales, but the tone was firm.. A
few parcels of heavy cloths were sold, but the chief
purchases appeared to be to make up stocks of light
fabrics, now so much in vogue. Wools continue
steady in price. At the Pontefract wool market, on
Saturday, the whole of the fleeces offered were sold
at prices slightly in advance of those of the previous
market. The prices were—bogs, 16s. to 17s. ;
ewes, 14s. to 15s. ; and inferior ewes, 12s. 6d. to
13s. 6d. per stone.
HUDDERSFIELD, June B.—There has been a little
improvement in the demand for woollen fabrics,
chiefly for the better kinds of fancies. This morn-
ing prices both of wools and cloths are firm, and
the condition of the trade is a little more cheerful.

[PR. oit 40. STAMPED 5"

GRIEVANCES OF TTIE BAIL WA-Y

INTEREST,

. Yesterday morning a :deputation had an inter-
view wilt the Right Hoe. J. W. Henley, President
of the Board of-Trade, On the subject of the alleged
grievances of the railway interest.
.. Mr. J. EW4itT, M.P., said the deputation con-
sisted of shareholders in different railway comp-
and-representing above half a million.. :They
thought Parliament ought to lay down a definite
system for the guidance of committeei on railway
mate, s. <

Mr. LOCKE, 1/1: P. referred to the conflicting de-
cisions of parliamentary committees, and said that
there was a total want of confidence out of doors in
those decisioirs. What the deputation wanted was
that the Government should lay down some basis
for future legislation by which more consistency
would be given to these decisions. He expressed
himself in favour of the motion of Mr. Patten:
Mr. HADFIELD, M. P., complainel of the gross
injustice of:the passenger tax, and also of the mode
of levying the rates on railway property.
After a few remarks from Mr. Hutson and Ma.
Salisbury, M.P., - .
The Hon. R. DUTTON referred to a scheme which
had been made to Lori Detby bya previous depu-
tation, of having a standing committee or royal
commission to sit on railway niatters. lie believed
that would save a large: sum of money, and alio
protect the shareholders.
Mr. HENLEY said he was perfectly alive to lhe
importance of the subject. Two subjects, indeed,
had been alluded to. First, with reference to rail-
way legislation, secondly as to the taxes oii railway
property, but they had 'nothing -to do w;th.oat.h
other. It so happened ..that he himself w-a,,
party who proposed the so-called Cardwell resolu-_
tions: He believed the action of that b )ard had
been Uniform and consistent, at all events since
lie had.been the president. He thought they cou!d
not do better than have the subject inVesti4atid,
and he had no doubt the proposed commit-ee would
be composed of men of. eminence, and such a plan
might be adopted as would give the public in-
creased accommodation and proteo ion to the share-
holders, wh-,se property was so considerable.
The deputation then withdrew. ,
The deputation, at a later pericd of the day, bad
an interview with the Chancellor of the Exchequer.
Mr. LOCKE, M.P., introduced the deputation,
and, after some conversation, in which Mr.. Locke,
the Marquis of Chandos. Mr. Spooner, M.P., Mr.
R) ley and others took part, .
The CHANCELLOR of the EXCHEQUER said he had
no doubt that the stato of railway property was
very unsatisfactory, but the remedy in- this stste of
anarchy was difficult to decide on. A re.to:ution' of
the house was not sufficient.

Mr. LocKE. M.P.,suige;ted there should b 3 a
royal cominvision.

Mr.. SPOONER thought the committee of Mr. W.
Patten would be productive of great good.
The CHANCELLOR of the Exclitimit thought
that neither a commission, nor a comtnittee would
give them that certainty which was required,
did not think, however, they could do:anything
,better than the cmnatittee of 1853. He promisrd
to give,the matter his attenti,,n, though he was not
the proper minister to apply to, but he had a gene-
ral sympathy with the holder's of so grOat an amount
of property, and wished that property to be pros-
perovp. He would confer with his colleaoue at the
13uard_of Trade. -

THE SHREWSBURY BoT A TES.

(From the Wolverhcimpton Chronicle.)

On Saturday a rent audit was held at the Na-
tional School-room, Alton, on behalf of the Earl of
Shrewsbury, and was attended ,by results which
must have been most satisfactory to his lordship.
We are, we are informed, under the mark in stat-
ing that the receiptS and attornments on. Saturday
represent an income of upwards of 5,0001. a-year
out of 7,0001. After the business of the day about
200 of the principal tenants pat took of his lord-
ship's hospitality at the Red LiOn and .other inns,
and drank withhearty good will the health of Lord
and Lady Shrewsbury, awl Lord and Lady Ingestre.
On Monday last the audit was continued. The
noble earl himselfsattended, and was welcomed in
the most entlingiastic manner by the assembled
tenantry. Ou his arrival at Tythe.Barn the horses
were at once taken from the carriage, and the noble
earl was drawn in triumph through the village,
amid the cheers and welcomes of the people. lie
proceeded thus to the National School, from the
• steps of which be addressed the crowd who had as-
sembled to welcome him to the following effect
His lordship said that he returned his cordial
thanks for the very warm-hearted reception they
had given him. He stood before them as E tal of
Shrewsbury, by the unanimous consent of the
House of L9rds and by the decision of the highest
legal authority of the realm. The contest had been
long, owing to
,an unprecedented opposi, ion. His
lordship then read some extracts from the speech of
the present Justice Byles, when he appeared as
counsel for the Duke of Norfolk last season, which
the noble earl seemed to consider conclusive of his
title to the estates. .He concluded by saying that
though himself a Protestant and a Churchman, he
could assure those who might differ from him, whe-
ther they were Roman Catholics or Dissenters, that
he Should holdthem in equal respectas long as they
continued true to hint: They would always find him
a friend in need ; and he trusted hismaine was 'suffi-
ciently well known as a landlord in another pact of
Staffordshire to be a guarantee for that. He hoped
he should soon be personally known to every one
of them, and be able to address theta by their
names, and that they would long continue the best
of friends. The tenants were afterwards entertained
by his lordship at dinner in a large tent in the vil-
lage. The whole .place was most gaily decorated
with fins and streamers, and we have seldom wit-
ntssed a scene or greater enthusiasin..

On Monday last the London solicitors for Lord
Howard and his trustees issued an,ther circular to
the tenants, in which they say that it is the deter-
mination of the Duke of Nolfolk and the trustees
to have " the very serious question with respect to
Earl Talbot's claim to the estates" solemnly de-
cided by the courts of law ; that they will facilitate
the decision of these questions ; and wJI consent to
place the management of the estates and the col-
lections of rents in the meantime in the hands of a
receiver, to be appointed by the C.nirt of Chancery.
It will be remembered that An application was some
time since made to the court by Earl Talbot to ap-
point a receiver, but it was then opposed by the trus-
tees, and the Court declined to appoint a receiver,
on the ground that the question of the claim to the
earldom was pending before the House of Lords.
We may add that in addition to the landed pro-
perty in this county, there are also estates in the
counties of Worcester, Salop, and Oxford. In Wor-
cestershire the estates all lie contiguously—viz.,
in the parishes of Huddington, Droitwicit, Dodder-
hill, Stoke Prior, Upton Warren, and Bromsgrove,
and consists of between 4,000 and 5,000 acres.