The Sun.
London, England, 1866-09-05 00:00:00

ITALY AND PRUSSIA.

FLORENCE, September 1.

The following note has been addressed by the
King's Government to the Prussian Ambassador in
this capital, in reply to the notification that peace
had been concluded between Prussia and Austria :

" The Minister for Foreign Affairs to his Majesty
the King of Italy has the honour to acknowledge
receipt of the Note of the 25th instant, which
his Excellency Herr von Usedom, Ambassa-
dor Extraordinary of his Majesty the King
of Prussia, has addressed to him to
notify to the King's Government that peace has
been signed between Prussia. and Austria at Prague,
and at the same time to express the wish that the
hearty relations of the two Allied Powers may con-
tinue and become even firmer in future.
" The King's Government has seen with satisfac-
tion, in Art. 2 of the treaty signed upon the 23d
inst. by the Plenipotentiaries of Prussia and
Austria, a pledge for the speedy conclusion of a
mutual peace between Austria and Italy, with the
firm assurance that this result will shortly be in
reality achieved, the undersigned reserves to himself
then to acquaint the Government of the King of
Prussia with the fact.

" The King's Government has de:ived great
satisfaction from the wish expressed by the King of
Prussia's Government with regard to the continu-
ance of the alliance of both States even after the
present time, and its own views coincide heartily
with this desire. We attach great value to the
bonds of sympathy and common interests which are
destined to unite the Italian and German nations.
These bonds will be drawn still closer in the season
of tranquillity which the union of Venetia with the
Peninsula will bring about.
" The understanding existing between Prussia
and Italy will acquire further development when
we shall he at peace with our neighbours, as Prussia
is now. The King's Government, so far as in it
lies, will neglect nothing to secure permanently to
both countries the mutual advantages of lasting
friendship.

" The undersigned begs his Excellency Herr von
Usedom again to accept the assurance, &c.

(Signed) " VISCONTI VENOSTA.
" liis Excellency Count von Usedoni."

STATE Cr TRADE.

MANCHESTER, Sept. 4.—The market has been flat
for all kinds of shipping yarns, and even at lower
prices (within moderate limits) very few sales could
be made. In home-trade yarns there has been but

little inquiry, and prices are in favour of buyers.
The demand is also limited for cloth. All through
the past week there has been an unwillingness on
Sellers
the part of buyers to cuter the market, and very
little business has been done. To-day we are even
still quieter, and a great deal of timidity is displayed
oer
e a
purchasers.s
at
es We haveees had tooci .
quoted
few
operationsfv toos tof pri
last week's prices, but these are merely nominal, and
the actual value of the cloths may be taken as some-
what below such rates. No doubt some little of tho
weakness in this branch of the market to-day is duo
to the giving way in cotton and yarn, together with
discouraging India advises.
The uncertainty as to
the future of our cotton supply also renders buyers
cautious. Messrs. Du Fay and Co., in their monthly
trade report, give cotton and yarn at about id. to
Id. per lb. lower than on Aug. Ist-31b. printers at
11d. per piece less, and heavier and finer makes 3d.
to 4d. less. They quote 71b. 36in. shirtings, which
at the beginning of August were 13s. 3d. down to
10s. per piece, and heavier and finer qualities at 3d.
to 9d. per piece lower. They observe that the supe-
rior qualities of cloth are now generally inquired
for, and that the present ample supply of a better
quality of cotton will enable manufacturers better
to maintain the former established credit of their
goods than was possible during the cotton famine,
while the very inferior qualities are disappearing.
Messrs. John Slagg and Co. report of to-day's cloth
market Little business has been done d •
unng the
week, and buyers have offered but timidly. To-day
we have a very quiet market, and close with a
smaller business, though prices have undergone no
quotable change."

CARDIFF, 3d.—There is a very good foreign de-
mand for steam coal, and large quantities aro
being daily sent there by rail to Birkenhead and the
metropolitan and midland markets. The house coal
collieries aro but partially employed, and the in-
crease in the coasting inquiry is not so great as ex-
pected two or three weeks since. The tone of the
iron trade of the district has improved very much
since the reduction of the rate of discount to G' per
cent. The improvement iu the demand for cold
black pigs is maintained, and for other qualities
quotations are a little firmer.

Lord Stanley, M.P., returned to town on Mon-
day from visiting the Earl and Countess, of Derby at
Knowsley, Lancashire.
His Royal Highness the Duke of Cambridge has
left Gloucester House, Piccadilly, on a tour of visits iu
Scotland.
His Royal Highness the Count de Paris is
making a series of visits in Ireland. His royal highness
has been on a visit to Viscount and Viscountess Castle-
rosso, at Killarney House, county Kerry.
The Prince and Princess Brodirno, attended by
Count Grovro, arrived at the St. James's Ilotel, Piccadilly,
on Monday.