The Sun.
London, England, 1861-01-30 00:00:00

STATE OF TRADE.

MANCHESTER, Jan. 29.—A rather better feeling
exists in the yarn market, and a little more busi-
ness has been done in water twist for China. Offers
are making for other markets, but they are mostly
at too low a rate to find acceptance with sellers.
In cloth the downward tendency so evident last
week has been more marked to-day. The prices of
all descriptions of India shirtings are fully 3d. per
piece lower than en last Tuesday, and all other
descriptions of goods suitable to the India market
are down in the same proportion. The feeling in
the cloth-market is one of great depression.
Cloths suited to all markets feel more or less this
depression, and may be had on easier terms, while
the demand is almost suspended for the present.
This state of the market arises a good deal from
the belief that the difficulties in the United States
will be arranged more amicably than was at first
imagined. Two small Greek failures are men-
tioned here. Messrs. John Slagg and Co.
report:—" The falling off in the demand reported
last week has since been more marked, and
as there has been at the same time more
anxiety to sell, we have to report a considerable
decline from the extreme prices of Tuesday last.
India and China shirtings have given way 3d. to
41-d. per piece; T-cloths and longcloths, lid. to
3d.; printing cloths the same, and at this decline
there is but little doing."
LEEDS, Jan. 29.—There is no new feature of
importance in the woollen cloth trade to-day. The
tone of the markets was rather quiet, but business
transactions were greatly impeded—indeed almost
stopped—in the cloth-halls by the occurrence of a
dense fog during market hours. The home ware-
house trade is moderately steady, and there has
been within the last few days a fair amount of
transactions in the Canadian trade. The news
from America does not yet tend to give much con-
fidence, and the export of woollen goods for the
States has been greatly checked of late.
ROCHDALE, Jan. 28th.—The market for both wool
and flannel has been a little better to-day than it
was last week. Some kinds of wool are a little
easier to purchase, but, upon the whole late prices
are firmly maintained. There is a little more
doing for spring goods, and if merchants would
concede a little on last month's prices orders would
be more plentiful. There is a good deal of circum-
spection used on all sides, and the bulk of the
business done is of a hand. to-mouth character, the
aspect of American affairs and other circumstances
inducing great caution. Heavy goods, Yorksilire
and others, are in the most request. Production is
as yet undiminished, so that, with the present
slackness of the demand in the trade generally,
stocks are slightly increasing.

Intelligence from ltorno states that Queen
Christina was so painfully affected by the news of the
deaths of the Count and Countess do Montemolin, that her
Majesty became quite ill, and was confined to her room for
several days.

The Myrtle has commenced shipping a cargo of
Armstrong shells from Woolwich for Portsmouth.
The Affiance has sailed from Woolwich Arsenal
laden with the new armament for Droughty
Castle, Dundee. The Spirit is under orders to load
with military stores from Woolwich for Alderney.
The Alguina yesterday commenced shipping a new
armament for Holy Island, Llandisfarne, and am-
munition for Leith ; and the following transports
have been chartered by the War Department to
load with war stores from Woolwich for foreign
stations :—The Dunsandle, Earl of Carlisle,Knight
Bruce, Packfield, Diadem, Southern Cross, Nimrod,
Sebastian, Black Prince, Persian, Fortitude, Anne
Lucy, Broadwater, James Holmes, Candahar, and
Nortbfleet. The steamer Stella yesterday went
alongside the Arsenal pier to ship stores for Malta,
Steam was got up yesterday on board the gun-
boat Lark, in Hamoaze, to try her machinery.

Three guns have been landed from the screw
steam frigate Narcissus, 51, Captain Risk, flag of
Rear-Admiral Sir B. Walker, in Keyham steam
yard, and have been replaced by three on the Arm-
strong principle—viz., one 100-pounder and three
42-pounders. A considerable number of hands paid
off from the Royal Albert, 121, have joined the
Narcissus, which only wants about 30 able seamen
to complete her crew.
The paddlewheel steamer Geyser, 6, Cominander
G. M. Jackson, arrived in harbour at Chatham on
Monday evening, with a party of 70 Royal Marines
on board, under the command of First Lieut. C. F.
Daly, and First Lieut. R. J. Pascoe, from the Royal
Albert, 121, at Plymouth, to join head-quarters.
After landing the Marines at the dockyard the
Geyser immediately proceeded to the Nore to tow
the Trincomalee, 24, which had left Chatham that
morning, to Sunderland, to serve as a training ship
for the volunteers belonging to the naval reserve at
that port.

Yesterday the shipwrights at Chatham dockyard
commenced fixing the false keel for the line-of-
battle screw steamer Bombay, 81, in the 4th dock,
undergoing alterations from a sailing ship to a
screw steamer. She is expected to be completed
and undocked before the close of the present finan-
cial year.

The discharge from the Deyonport Dockyard,
Feb. 23, will include 8 smiths, 2 millwrights, 2
sawyers, 28 labourers,B joiners, and 44 shipwrights,
in all 92 men.

The following appointments were made yester-
day at the Admiralty :--Thos. H. Fraser, master,
to the Pembroke, for the Coastguard ; Joho. E.
Gage, master's assistant, to the Gayser ; Henry F.
Alldrich, assist.-paymaster, to the Princess Royal ;
Arthur W. Wade, assist.-paymaster, to the Hogue;
and Charles Langley, assist.-clerk, to the Princess
Royal.