The Sun.
London, England, 1866-09-12 00:00:00

STATE OF TRADE.

MANCHESTER, Sept. 11.—There has been a fair amount
of business in shipping yarns to-day, at low prices. Many
buyers have operated more freely from the impression that
prices had for the present nearly touched the bottom. On
the whole, the business has been rather considerable, but
the prices taken have been very low. In home-trade yarns
prices have been rather easier than on Friday, depressed as
they wore then. Very little business has been done in
them. In cloths only two or three houses have been dis-
posed :o enter the market during the last few days, and
these have operated only where they could find goods offer-
ing A very low rates. Their offers met with acceptance to
some extent, and thus a decidedly lower scale of prices has
been established. Up to this time there had been no gene-
ral disposition to accept the lower rates, and even now'
manufacturers in some cases are not willing to accept the
full decline. To-day the cloth market is very flat, the
amount of business done has been very small; and prices,
though to some extent nominal, are undoubtedly weaker.
Messrs. John Slagg and Co. report of this day's cloth-
market :—"Prices have gradually drooped during the week,
and the business has been confined to few hands, and only
at very low prices. Though the business has been far
from general, these low prices have found sufficient ac-
ceptance to establish much lower rates. To-day we have
even less disposition to operate, and our market closes flat,
with a very limited business."

CARDIFF, 10th.—There still exists a good inquiry for
n productive principally
of
g forood the
results,
steam coal for the foreign markets; indeed, from the
lengthened duration the demand has continued, it would
appear that Welsh steam is obtaining the footing abroad
c
which has long been predicted for it. A large tonnage is
res mail
servicealso
t exportede hahome
matei o fora.
markets
ha: n
closer purposes,
been ser attention proprietors have paid
to
has evidenced in the increase in the traffic from this district
to Birkenhead, and the London and Midland markets. For
house coal there is a fair demand coastwise, and freights
during the past week have slightly advanced, which has
attracted a good many coasters. In the iron trade there is
more vitality, a few good orders have been secured by some
of the works, and, although most of the establishments are
not very well employed, there is every prospect of trade
generally becoming more brisk in the course of a few weeks.
The home market has moved a little for the better. In
pig iron there is no material change to record, while the
tin-plate trade is looking more hopefully.
LEEDS, 11th.—The weather has been very wet this
morning, and the attendance of both buyers and sellers in
the cloth-halls has, in consequence, been rather less than it
otherwise would have been. The tone of the market was
one of quietness, and the business done was small. The
principal demand was for tweeds, in which a good business
has for some time been doing. Good grays and dark shades
in fine and middle qualities command a ready sale. The
country manufacturers report that they are tolerably well
employed, but the orders iu hand are mostly for early deli-
very. There is no change in the price of wool. The flax
trade is rather quiet, but the hands aro iu fair employ.
The prices of yarns and threads are about the same as last
week, and so aro those of flax, but the inclination appears
rather downward. _

ROCHDALE, 10th.—We cannot report any improvement
in the flannel trade this week. The manufacturers are
fairly employed, and their stocks, which are not larger
than usual at this season of the year, have been reduced a
little within the past few weeks, there having been an in-
crease in the demand for both heavyand fancy goods. There
was but a small attendance of buyers in the market to-day,
and their chief purchases were printed and fancy fabrics,
which fully maintained late rates. The Yorkshire goods
trade, which has shown a slight improvement of late, was
quiet, and but a small quantity of goods changed
.hands.
The price of wool is firm.