The Sun.
London, England, 1850-04-18 00:00:00

STATE OF TRADE.

(From the Manchester Guardian,)
MANCHESTER, TUESDAY,—The tendency to higher
prices in yarns, which was experienced in this market
last week, has been carried further to-day, in conse-
quence of the largely increased falling off in the receipts
of cotton at the American ports, as shown by the Niaga-
ra's advices. The telegraphic statement from Liverpool
caused a good deal of excitement, as soon as the
spinners began to appear on 'Change; and under its in-
fluence, a somewhat startling additional advance was
required by many of the sellers. Some of the extreme
quotations were, indeed, rather modified in the course
of the day; yet, at the close of business, the average
rise insisted on, by the trade, may be taken at a
farthing par lb. upon the rates of a week ago. In
throstle warps, both for shipment and home consump-
tion, it is a halfpenny. The sales to the manufacturers
have rather increased, as have also those to the buyers
for the East; but great perplexity has prevailed among
the continental merchants, and they can hardly be
said to have been in the market at all. On the whole,
remarkably little has been done, but that little has
been at higher prices (id. to id.); and the spinners
have gone away decidedly firm, and appa-
rently much at ease about selling. Except in
long cloths, T's, and domestics, which show no
improvement beyond a slightly increased inquiry for ene
er two qualities, the effect of the cotton report has been
felt in tte goods market. The rise from the prices of
this day reek may be stated at lid. to 3d. on shirtings
for exportation, and generally at lid. on what are called
medium fabrics; but this rise has restricted the opera-
tions to an inconsiderable amount. At the quotations
of this day week a very extensive business
might have been effected; but, having sold heavily
during the last three weeks, and finding themselves con-
stantly placed in a worse position, many in a more and
more ruinous one, by the continual rise in cotton, both
spinners and manufacturers have been more strongly
convinced to-day than they were before, that there is
nothing for it but higher prices or a diminished produc-
tion. The course which cotton is taking appears very
likely to bring about an extensive recourse to " short
time," from sheer necessity, and without any formal
agreement among millowners.
ROCUDALE, MONDAY.—There is no amendment to re-
port in the flannel market to-day; the merchants show
no disposition to purchase, only for immediate use. This
is the time of the year.when the flannel business is
usually flat. The wool dealers complain of having little
to do, and prices may be stated to be much the same as
they were on the preceding Monday.
MACCLESFIELD, TUESDAY. Since OUZ last report
manufacturers have been doing current business in
suitable descriptions of goods for the season. There is
also more inquiry for thrown silks; without, however,
any improvement in prices. The dyers are generally
better supplied with work than for some weeks past.
The raw silk market is quiet, with prices firm.
HUDDERSFIELD, TUESDAY.—WO have great pleasure
in being able to report a more active state of things in
our market. Light goods have gone off very rapidly.
Indeed, so great is the demand that the supply can
scarcely be kept up. It is probable we shall have a very
lively market next week, in consequence of the_arrival of
the American steamer.

HALIFAX, SATURDAY.--There has been rather more
inquiry to-day for some descriptions of goods, especially
for lattings of low quality, which are still very scarce,
as the prices offered are not adequate to the cost of pro-
duction. There is a fair steady business doing in yarn,
and the spinners are fully employed. We cannot report
any alteration in the state of the wool market, which is
far from active, and the quotations remain without varia-
tion.

LEEDS, TUESDAY.—The market has been much
better since our last report, and manufacturers are still
making large deliveries to order, and stocks are low for
the time of year. Business has also improved in the
warehouses. The shipping houses continue busy, and
some large sales have been made for the home trade.