The Sun.
London, England, 1861-08-28 00:00:00

STATE OF TRADE.

MANCHESTER, Aug. 27.—The course of business
here is hindered by the same difficulties that have
stood in the way for weeks past. The raw material
continues to advance in value, obliging both spin-
ners and manufacturers to stand out for higher
prices; and the result is an ever-renewed check to
the demand. The amount of transactions is very
moderate in all departments. Some sellers of yarns,
nevertheless, report more doing than on Friday,
and a generally improved inquiry, even at d
pound higher than the prices of last week.e The
average advance asked by spinners is id. to id., and
there can be no doubt that sales are seriously limited
i goods is prevented
inn ca oent si el
still
greaterue nce.
degree Businessby
in
nthe piece
higher quotations of
manufacturers
gr
great
sale
couldthis b
week.av Even at last week's rates
n
e been made. Stocks are
again accumulating. The production of cloth has
lately been so evidently in excess of what is required
t
for either the home tradeav or foreign
some large producer; duAcebr:.hinneinaggwaiaen m o
renasdmertaer ttos'shtoart
time working, last week in
several establishments, and the determination is
more generally avowed to-day. In Blackburn four
firms have adopted the system, two of them work-
ing four days a-week, one on three days a-week
only, and the other having for the present ceased
working altogether. About 2,000 looms are stopped
entirely. The following is the weekly report of
Messrs. J. Slagg and Co.:--" Owing to the continu-
ous advance in the raw material, manufacturers are
asking a corresponding advance on goods, and many
decline to name a price at all ; but
_buyers, espe2ially
for the India and China markets, decline to follow
the upward movement, and there is consequently
little or nothing doing in any class of goods." The
following is fr_om,,
Wethe cmirackuela r of
no changeMessrs.to-day G . F
in our
q ioSnoont,aatndnsC.o, :
In some cases rather higher prices are
asked, but the demand remains very inactive, and
buyers for the most part are disinclined to make
any purchases of moment, even at previous rates,
The foundation on whichour present prices rest is
feLltEtEopbse,
Atonogi.n2se7c.—urTe
h and
en d
cloth-hallsspeculative."
very animated during market hours
have
todaTh The
number of buyers present were rathserl-imiLd, and
their purchases were chiefly confined to small par-
cels of medium and low-priced goods for the ap-
proaching season. In the aggregate, however, more
business was done than appeared to be likely ; and,
though there were undoubtedly more sellers than
buyers, the markets in both the coloured and the
white cloth-hail were equal to those of this day se'n-
night. Wools are steady in price, but not a great
deal is doing by the local brokers, the late sales in
London having been the means of supplying the
wants of many manufacturers. The flax trade con-
tinues rather quiet, and the whole of the machinery
engaged in it is not running full time.
ROCHDALE, Aug. 26.—There has been a better
feeling in the flannel trade to-day, but the business
doing is not an average one for the season. The
home buyers are now getting up their stocks for
winter, and they have purchased with more freedom
to-day than they did last month. Manufacturers
keep moderately well employed, but orders are not
in much advance, so that fears are entertained
that, unless the export trade soon improves, manu-
facturers will have to make more on speculation,
or curtail their rate of production by short-time
working. In common with the Lancashire flannel
trade, there is a little more doing in Yorkshire low
goods. Wools maintain last week's prices.

DEATH BY SUNSTROKE.—A drummer, named
Bailey, of the Royal Marines, at Chatham, was bathing in.
the military bathing-place, on Tuesday afternoon, when
he was suddenly taken ill. He was conveyed to Melville
Hospital, and after a few hours died. The medical officers
ascribe his death to sunstroke, lie was 14 leas of age.