The Sun.
London, England, 1866-11-28 00:00:00

State of Trade.

MANCHESTER, Nov. 27.—The shipping yarn mar-
ket to-day has been flat, and to make sales lower
prices would have to be taken. Some few orders
have been given out at full prices, but generally
spinners have had to make a slight concession to
effect sales. Home-trade yarns have also been much
quieter as compared with last Friday, and the busi-
ness has been much less than an average. There was
not much giving way in prices, as spinners sold rather
freely last week, and are not pressing their yarns on
the market. In some cases they are under contract.
In cloth, after the large business done last week, prices
became a little firmer, but they have since become
easier, with less doing. The decline is attributed
a good deal to news of a drop in prices of cotton
in America. We close to-day with lower prices,
and with a flat, dull feeling, after a market which
has not resulted in much business. We learn that
at a meeting of Omcrod, Jervis, and Thompson's
cart £94,340,edit
creditors this afternoon the liabilities were estimated
and the assets at £43,281. A commit-
tee to investigate the affairs and report to a future
meeting was appointed. A feeling was expressed
that the personal expenses of the parishes had been
large, and that the business had been of too specu-
lative a character. The late floods have been found
to have done immense damage in cotton mills. In
three, out of a number flooded in Salford, the da-
mage has been estimated at £5,000, £7,000,' and
£ll,OOO. Mills on every stream and in all parts of
the district have suffered more or less, and some of
them more severely than in Salford. Messrs. John
Slagg and Co. report of the cloth market :—" Up to
Saturday there was more activity in our market,
with a disposition on the part of buyers to operate,
and a considerable amount of business was trans-
acted. To-day there is a falling off in the demand
and we close with a flatter market and a decided
weakening in prices."
CARDIFF, 2 6 th.—Heavy purchases of steam coal
continue to be made on foreign account, and the
exportation trade is very brisk. T
crowded with shipping taking Welsh hedocks
steam,dk sand
are
in
tonnage is in request among the coal shippers.
Large quantities are being cleared out for the coal-
ing stations of the mail packet service, and as orders
were coming in rather freely a good winter's busi-
ness is expected. The Loudon and Merthyr Steam
Coal Company (limited) have commenced opera-
tions at their new works near Hirwain, and through-
out the district several new collieries are being
opened. There is a lively demand for steam coal
on inland account, and the metropolitan
markets are taking increased quantities. The
improvement noticed in last report in the in-
quiry for house qualities is maintained, and a good
business is being done with coasting buyers. Last
week about 4,000 tons of iron were cleared out for
foreign markets, chiefly for the Southern States of
America, which of late have taken large quantities.
Orders from the United States are being placed
with tolerable regularity, and they are likewise com-
ing in steadily from British North America for
spring delivery. A small business is being done with
the Egyptian markets, and with most of the other
markets there is no alteration to note in transactions.
A few orders have been given out on home account,
but they are not much worth, and this branch of the
trade is in a very depressed state.
LEEDS, 27th. —To-day's markets in bo th the cloth-
halls have lacked animation. The number of buyers
showed little in-
was comparatively small, and they

clination to purchase unless go. ►ds were offered as
bargains. But the stocks of really saleable goods in
the halls are not large, and few jo b lota are offering.
A sprinkling of heavy goods Ns 'as
.purchased by
home-trade buyers, and the rest of the goods which
changed hands comprised a fair proport ion of ordi-
nary cloths, including a moderate (pan tity of mel-
tons. The supply of tweeds in the mart :et is small,
and the manufacturers of such fabrics a re well sup:
plied with orders. The warehouse trac le, both for
home consumption and for exportation, is small.
The German trade is more than usually so, consi-
dering the season of the year, and the same may be
said as to France and the continent generally. The
country clothiers complain that their orders for
early delivery are not large, but there is not any
absolute want of employment. Prices, those of wool
and woollen yarns as well as those of goods, are no-
minally the same as last week.

ROCHDALE, 26th.—Though winter is last ap-
proaching the demand for heavy flannels is rather
flat, and only a small quantity was sold to-day. In-
deed, there was but a small attendance of buyers,
and the market was devoid of animation. The chief
cause assigned is that both wholesale and retail
dealers are refraining from purchasing, except in small
quantities, till they have completed stock-taking,
upon which many of them are engaged. The York-
shire goods trade is also quiet, and only a very
moderate business was done to-day. The wool trade,
too, was rather dull, and some of the lower qualities
are a shade lower.

Naval and Military Intelligence.

-

VALETTA, Nov. 23e—Her Majesty's ironclad
frigate Resistance, 16, Capt. H. S. Hillyar, C.B. (as
stated in a postscript by last mail) arrived here on
the afternoon of the 16th inst. She was only three
days from Canada, and might therefore have been
expected to bring news of interest. The accounts,
however, continue to be very conflicting. Although
we hear of fresh reinforcements having landed from
Greece, and of the insurgents holding out in their
mountain fastnesses, there can be little doubt the re-
bellion is substantially quelled. Many chiefs are
said to have proceeded from the interior to make
their submission, but a sort of guerilla warfare was
still being carried on against the Turkish troops.
For economy of fuel the Resistance, on leaving
Canea, took in tow her Majesty's gunboat Wizard,
2, Lieut.-Commander P. J. Murray, also ordered
to Malta, but owing to boisterous weather had to
cast her off when about midway between this and
Candia. The wind continuing to blow hard for
several days from the northward and westward the
Wizard did not succeed in reaching Malta harbour
till the evening of the 19th. Her Majesty's screw
wooden frigate Endymion, 21, Capt. C. Wake (of
Bulldog fame), arrived on the 19th inst. in 22 days
from Portsmouth. She is a fine vessel of her class,
and has come out to reinforce the Mediterranean
squadron. She proves to be a fast sailer, making
12 knots, but her rate of steaming does not exceed
ten knots an hour. Her Majesty's despatch vessel
Psyche arrived the same day from Alexandria, hav-
ing on board Captain W. R. Mends, C. 8., Director
of Transport service at the Admiralty. Her
period of quarantine will expire to-morrow. After
a short stay here Captain Mends will proceed to
Marseilles in the Psyche, which will then be at
the disposal of Sir Henry Storks for passage to
Malta. His excellency's return has been unex-
pectedly delayed, ou account of the death of a near
relative. We learn by telegraph that his Excellency
would be able to leave Paris before the 10th of De-
cember. The Malta and Alexandria Telegraph
Cable stopped working on the evening of the 16th
inst. The fault is supposed to lie between Benghazi
and Alexandria, near Ras-Sem, in the neighbour-
hood of which interruptions have before occurred
after stormy weather, the coast being very much ex-
posed and the bottom rocky. The screw steamer
Hawk, belonging to the Telegraph Constructionand
Maintenance Company, was despatched on the fol-
lowing day, with a competent staff of engineers and
electricians, to effect the necessary repair. By orders
of the Naval Commander-in-Chief, Lord Clarence
Paget, her Majesty's ship Cossack, Capt. R. D.
White, was also despatched to the scene of rupture,
to render any assistance that may be required. A
Prussian gunboat, the Blitz, 3, Lieut.-Commander
Jung, arrived fare on the 16th inst. last from Al-
giers in four days, and is under orders to proceed to
the Piraeus. A French gunboat, La Corse, 2, ar-
rived on the 20th inst. from Cherbourg and Gibraltar,
bound for Constantinople. Vice-Admiral Lord
Clarence Paget and Lady Clarence Paget held their
first general reception at the Admiralty House on
'Wednesday evening, which was exceedingly well at-
tended. Among the guests were the commanders of
the Prussian and French gunboats in port. The day
being the anniversary of the birth of her Royal High-
ness the Princess of Prussia, the usual hoisting of flags
took place. The Prussian gunboat Blitz also dressed
for the occasion. Her Majesty's ships now assembled
in Malta harbour are :—The Victoria, 102, line-of-
battle ship (bearing the flag of Vice-Admiral
the Right Hon. Lord Clarence Paget, C. 8.,
Commander-in-Chief) ; Hibernia, receiving ship
(bearing the flag of Rear-Admiral Henry Kellett,
C. 8.) ; Gibraltar, 81, line-of-battle ship ; Prince
Consor, 30 ; Resistance, 16 ; Royal Oak, 35 ; and
Enterprise, 4- -ironclads ; Endymion, 21 ; Cruiser,
5 ; Psyche, 2, despatch vessel ; Wizard 2, gunboat ;
and Megaera, storeship. Foreign.—Blitz, Prus-
sian gunboat ; and La Corse, French gunboat.
A trial of a steam launch fitted with machinery
by Messrs. J. and G. Rennie, for her Majesty's
screw frigate Mersey, took place at Portsmouth, on
Monday, under the supervision of the Admiralty
officials of the port. The engines of the launch are
understood to have been originally built by the
Messrs. Rennie to illustrate the principle adopted
by the firm in this particular class of machinery in
the forthcoming Paris Exhibition, and for this
reason deserve a more extended notice than is
usually given to such trials. The engines are direct
acting, with a single cylinder only to each, are
fitted with surface condensers, and are also worked
at high pressure. The diameter of each cylinder is
six inches, and the stroke of the piston 4in. Each
engine drives independently its own screw with
shafting secured in bearings under the base of the
boiler. The fore end of the shafting, by means of
bevilled gearing, works the pump which circulates
the water through the condenser. The surface con-
denser is convertible into the injection system by a
connecting pipe. The boiler is multitubular, with
return tubes over the fire-box, the combustion
chamber being at the after end. The tubes, about
40 in number, have an outside diameter each of liin.
and a length of aft. 6in. The fire-grate is about
26in. wide by 30in. long, and the smoke-box is at
the stoking end. The two propellers are each four-
bladed, of 2ft. 6in. diameter and 3ft. 6in. pitch, and
are right and left-handed. The total weight of
the engines and boilers, with the latter filled
trials
no
nv
de re r t
nah ee St t onkeef Ss
vße
na
with water, is about three tons, 17 cwt. The
yrabmleilecoonlidi Mondofaywwienrde
and weather, but very fair It
resu s were attained as
regards speed, although differing in no material
degree from the speed results attained on former
trials of steam launches fitted with double cylinder
engines. Given, however, an equality in •
point of
speed between single and double cylinder enained
steam launches, a fact as yet by no means estab-
lished, the turning power of the boat fitted with the
single cylinder engine must ever remain very in-
ferior to the one fitted with two cylinders, owing to
the difficulty of suddenly reversing the action of
single cylinder engines, and herein appears to be
vitiated the main feature of the turnscrew principle.
The principal figures of the trial of the steam launch
on Monday were as follows :--Four runs at high
pressure.-1, 7.142 knots ; 2, 7.438 knots ; 3,
7.531 knots ; 4, 7.287 knots ; mean speed of the
launch by the four runs, 7.416 knots. Four runs,
condensing.-1, 7.708 knots ; 2, 7.171 knotS ; 3,
8.035 knots ; 4, 6'806 knots ; mean speed of the
launch by the four runs, condensing, 7.516 knots.
The maximum number of the engine's revolutions
were, at high pressure, 273, and, condensing, 268.
In testing the launch in circling with both engines
going ahead, the half-circle was made, both to port
and to starboard in 34,cc. ; the full circle to star-
board in Imin. 12sec , and to port in Imin. 14sec.
With the starboard engine going ahead and the port