The Sun.
London, England, 1866-03-16 00:00:00

STATE OF TRADE.

BRADFORD, March 15.—The reduction in the
Bank rate of discount to 6 per cent. and the firm-
ness in the Liverpool cotton-market have tended
to strengthen the tone of the wool-market to-day.
There have been some considerable transactions in
wool, and although prices cannot be quoted
actually higher, they were rather against the buyer.
Some sorts, such as bright-haired hogs and wethers,
which are scarce, in some instances commanded
improved rates. Spinners are almost without
stocks, and staplers were very confident as to
future prospects. There was little fresh business
done in worsted yarns, especially on the part of the
export houses. Two-folds were firmer, and there
was more inquiry for 40's for Russia, and for carded
yarns. Quotations higher. In pieces there was
some activity in some departments, and quotations
were hardening in their tendency. _ _ _

CARDIFF, 14th.—During the week trade has been
somewhat brisker than it was at our last report. The
demand for steam qualities of coal is on the increase,
and the shipments to the Mediterranean are very
heavy, particularly to Constantinople, Havre, Malta,
&c., while the supply to the East and West Indies
is also considerable. House qualities are also in
good demand, and the new collieries in the Ely and
Rhondda Valleys find no want of orders. In iron
the speculation in Scotch warrants is very great, and
the quotation fluctuates daily. There is a steady
trade doing in rail and bar, which now stands at
15s. and £7 respectively per ton. Pig iron has
risen considerably. The tin trade is brisk, and the
workers are fully employed.

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