The Sun.
London, England, 1858-08-12 00:00:00

STAT 11 OF TRADE,

(From the Manchester Guardian of yesterday.)
MANCH ESTER, August 10.—The mat ket for both yarns
and goods is generally reported as somewhat quiet to-day,
with a continued tmdency, however, as regards the bulk of
the production, to harden in price. This has latterly be-
come a feature of the market. Buyers have operated cats-
tieusly, hesitatingly, and with a constant restriction upon
quantity, yet the sum of what they have done has kept
swelling in re!ation to the production, until it has evidently
become fully equal thereto. In yarns, at least, this is the
present position, all the way from 40's down to the lowest
number of mule and water; and even as to goods at large
the production is needed, and taken off, though with less
spirit than that of yarns, and hence it is that manufacturers
still command lees satisfactory terms than spinners.
It is gratifying to find that, in the face of supplies tra-
versing the ocean and reaching Bombay and Calcutta, so
immense as to alarm many on this side, the prices of yarns
and goods in those markets were well sustained under a
s eady (imam), according to our latest advises, so that
the merchants in Manchester are still buyers to almost
any extent at the rates of a fortnight back. Sellers,
however, have gained firmness, and indeed raised, in
sotne degree, their very inadequate quotations, so as
to make a practical difference of Id. per lb. against
purchasers. Merchants connected with other foreign
markets are gradually acquiring increased confidence
and doing more business bode in goods and yarns. At the
same time, the promise of a good harvest in this country is
bringing an increased number of customers into the home-
trade warehouses, and thus augmenting the purchases
from manufacturers, not yet largely, indeed, though sen-
sibly. Tne German houses are receiving good accounts of
the crops and the state and prospects of trade in most parts
of the Continent, and are, therefore, continually giving
orders to spinners, not large ones, individually, but reach-
ing a large aggregate. A like statement may be made
respecting the Italian and Levantine buyers of yarn and
cloth.

Thus, the tendency is in favour of spinners and manu-
facturers, though not equally as to both ; and it is none the
worse, as regards permanence, that the improvement is
singularly slow and seemingly inadequate, seeing how the
demand compares with the production. The terrible col-
lapse of prices in the latter months of 1857 has, however,
placed credit in a conditiou which keeps down speculation
very effectually. Any rapid rise would create alarm, and
be followed by an injurious reaction. Moving upward very
slowly and by an almost insensible glide, rather than by
marked steps, confidence evidently grows, and oar footing
is felt to be comparatively sure.
Taking water and mule yarns at large up to 40's, we may
ta te that, as compared with this day week, sellers have
practically gained upon buyers an average d. per 1b.,.
though it does not, in all cases, show itself in the shape of
an addition to quotations. Two-folds, about 40's, have the
same tendency. The spinners of 60's and upwards labour
with hardly any success to mend their terms. There is yet
too little demand for their articles, although the Bradford
manufacturers are selling somewhat more than they were.
The indications for the better in fine single yarns (100's and
upwards) do not yet go beyond here and there au offer too
low to be accepted, and some small signs of improvement in
the menufactures of Natingham, which, however, can
hardly be mentioned without producing an exaggerated im-
pression.
We have already spoken of goods for India. For other
descriptions there is a steady demand, and prices are quietly
hardening.
(From the Wolverhampton Chronicle of yesterday.)
THE IRON AND COAL. TRADES.—The iron trade gene-
rally remains in much the same state we last reported. The
leading members have reduced merchant it on 10s. per ton,
but this has not imparted any very sensible impetus to the
trade. Merchants are ordering cautiously and in small
quantities, in the expectation that prices may yet further
recede. There seems to be a want of unanimity in the
" first houses" of the trade; some few of them met a short
time ago at Birmingham, and agreed to reduce prices
without giving the others any notice of their intention
of doing so; the result is that a little indifference pre-
vails, and parties seem to be left to use their own discre-
tion as to what price they shall sell at. What the con-
dition of the trade may be two months hence it is impossible
to conjecture. It is thought by some that as there is every
prospect of a bountiful harvest, and also of favourable
weather for its gathering, trade generally will brighten.
The fact of stocks of merchant iron being small, and the
bareness of stores in the States of almost all kinds of Staf-
fordshire iron, lead some parties to suppose that there may
be an improvement after harvest. Pig iron still rules dull,
and the make is being reduced. The dispute between the
colliers east of Dudley and their employers on the ques-
tion of wages still retnai,:s unsettled ; several meetings have
been held, and a determination has been expressed by the
colliers to persevere in their demand for ss. per day. Some
few, however, have yielded to the request of their masters,
and ultimately the whole must go in. The new tunnel
belonging to the Birmingham Canal Company, more imme-
diately connecting the collieries west of Dudley with those
on the east side, will be opened on the 20th instant, and the
various ironworks at Tipton, Oldbury, and West Bromwich
will be more readily supplied with coal than they hitherto
have been, and will consequently be less dependent upon
the caprice of their men. Good qualities of gubbin and
white ironstone, the yield of the district, are realising 16s.
per ton ; considerable quantities of red hermatite and other
ores are being brought into the district, but they do not
sensibly affect the home produce. An order for about
90,000 tons of rails for India has come into the market, and
it is said that the Ebbw Vale Company have taken a con-
tract for 10,000 tons out of this quantity at a low figure.
Other Welsh firms have contracted for about 20,000 tons,
and the remainder of the order will be executed in York-
shire and the north.

BIE,TIIS.

BARKLEY.—On the 9th inst., at 7, Paulton's-square, Chelsea, Mrs.C.
W. Barkley, of a daughter.

Bourns.—On the 10th inst., at 32, Eaton-square, the wife Of Capt.
Augustus Bolton, of a daughter.
CoLowsu..—On the oth inst., at Deana Vicarage, Lancashire, the
wife of the Rev. Francis H. Coldwell, of a son.
CROOK.—On the 4th inst., at Chamber Hall, Bolton, Lancashire, the
wife of Joseph CroA, Esq., M.P., of a daughter.
Dos —On the 4th at 8, Regent's-park, Lady Don, of a
daughter.

DoNovAN.—On the Sth inst., at Di ighton, the wife of Alexander
Donovan, Esq., Frainflehl, of a daughter.

EDE.—On the 10th inst., at Lostiford, near Guildford, the wife of
Charles Ede, Esq., of a daughter.
GorsNaa.—On the 10th inst., at 35, Conduit-street, the wife of P.
K. G onner, of a son.
Imus.—On the 10th inA., in the Royal Arsenal, Woolwich, the
wife of Captain T. Inglis, R.E., of a daughter.
MANNING.—On the 21st ult., at London, Canada West, Mrs. Richard
James Manning, of a sou.
Miusn.—On the 25th ult., at Bangor Rectory, Flints Lire, the wife of
G. M. Marsh, Esq., of a son.
MOON.—On the Gth inst., at Richmond, Surrey, the wife of French'
Moon, Esq., of a daughter.
PATERSON.—On the 7th inst., at Jerpoint, county Kilkenny, Ireland,
the wife of Windham F. Paterson, Esq., of a daughter.
PELTATT.—On the 10th inst., at 3, Alfred-place, North Brixton, the
wife of Mr. M. Peßat, jun., of a daughter.
RILEY.—On the 10th inst., at 15, Leiaster-gardens, Hyde-park, the
wife of John Riley, Esq., of a son.
TREVITIIICK.—On the sth inst., at Penzance, Cornwall, the wife of
Francis Trevithick, Esq., of a son.
Waub.—On the 11th inst., at 3, Park-terrace, Westbourne-park W. ,
the wife of the Rev. Horatio J. Ward, MA., of a son.