The Sun.
London, England, 1857-05-02 00:00:00

NEWMARKET FIRST SPRING MEETING.

FRIDAY.

Handicap Plate of 50 soya.

Bretby Stales Cmrso

(6 furlong,,),

Mr. Swan's Hardwick, 3 yrs, 91b (Dear) 1
Mr. Chambers's Eupatoria, 3 yrs, 5 t 1211)
(T. Foram) 2
Mr. Alexander's Humbug, 3 yrs, sst 91h (Rayner 3
The folliwing also ran ;—gyaway, B 11v, Dramatist,
Persia, Tyne, Stormsail, Surrender, and PoliQh.
Bettirg-5 to 2 agst Humbug, 9 to 2 azst Hardwick
and Tyne, 7 to 1 each agst S:;.,rinsail and Dramatist.
Won by a length and a half ; halF a length between
the second and third; Stornvail was a moderate fourth ;
Tyne, P lisb, Flyaway, and Billy were net, well up
with Humbug.
The Newmarket Stakes, a subscription of 50 sovs each,
h ft, for 3-Nr-olds ; colts, 88t 71h ; fillies, 8,4 21b.
The second to receive his stake. D.M. (7 furlongs
201 yards.) 15 subs.
Lord Ribblesdale's Glee-singer, Sat 7:b ......(A. Day) I
Mr. T. Walker's Kingmaker, Bst 71b (Kenda!l) 2
Mr. Gibbs's Young Hopeful, Bst 7!b (E Sharp) 3
Mr. Payne's°, lt by Sir Tatton Sykes. 8-t (Platmari) 4
Betting—Even on Glee-singer ; 5 to 2 agst Young
Hopeful ;3to 1 agst Kingmaker. •
Glee-singer ,made all the running, and won very
cleverly -by three-quarters of a length ; a neck between
the second and third ; very bad fourth.
Sweepitakes of 10 sovs eacb, for 2-yr-olds, 64 71b ; 3-yr-
olds, 84 71b ;* fillies and geldings allowed 315. The
winner to be-sold for 50 sovs, if demanded, &c. First
half of Ab. M. (3 furlongs 215 yard.) 3 subs.
Mr. Ba,tson's Surrender, 3 yrs, Bst 71b (31) w. o.
Match, 200, 150 ft.

Lord W, Powlett's colt by lago, out of Gossamer, Bst
41b, received ft. from Mr. F. Robinson's Alliance,
Bst 10Ib.

LATEST BETTING.
CHESTER CUP.
100 to 15 offered on the field
14 to 1 agst Warlock (taken)
14 to 1 agst Riseber (taken)
20 to 1 agst Van Dunck (taken)
25 to 1 aget Bay Hilton (fakes)
30 to 1 agst Pantomime (taken)
7to 1 agst Riseber and Turbit coupled (taken)
DERBY.
6to 1 agst Skirmisher (taken and offered)
10 to 1 aget Anton
15 to 1 agst Sydney (taken)
16 to 1 agst Lady Hawthorn
20 to 1 agst Adamas (take 25 to 1)
25 to 1 agst Saunterer
50 to 1 agst Kent

THE OAKS.
sto 1 offered on the field
12 to 1 agst Aspatda (taken)

VEDETTE, VEDETTE, ANTON.— CHESTER CEP.
Youatt Wm. Gray stood Vedette to win and Anton
for a place for the 2,000 Guineas. Patrons are re-
quested to put every shilling on for the Chester Cup,
now at 50 to 1. Remember, I stood Joe Miller,
Nancy, Espaminondas, and Oae Act, a 1 sent out at
100 to 1 each Pepper the favourites as you did Kent
and Blink Bonny. The horse named will come in aline
in his glory. Terms.—Chest•r Meeting, incl.iding the
Darby, si, ; Chester Cup (only), 2g. 6d. Address 15,
Charing- cross.

STATE OF TRADE.

MANCEIESTER, MAY 1.,

There has been a very quiet market for most descrip-
tions of goods, and, although slight concessions in price
have been made, the sales even in those cas-s have been
small and effected with difficulty. Ttie demand f do-
mestics is limited, and as stocks are beginning to accu-
mulate prices are not easily sustained. Printing cloth
can only be sold at a reduction. Shirtings have also
been dull of sale, and sellers having manifested some un-
easiness prices have been lower where transactions have
taken. In yarns there is great indisposition to operate,
and for 'many descriptions the demand is more limited
than it has been for some time past. Spinners being
without stock are firm in their quotations, and there is
consequently no great alteration in price ; but the tone
of the market is evidently in favour of buyers, and in
some instances, especially warps and cops for the borne
trade there has been a reduction of Id. to id. per lb.
sine* last week.
Messrs. Robt. Freeland and Brothers, in their monthly
circular of this day, report :
"The business of the past month hal lean of a deoultory—
character • dull and sluggish generally,panih wen active
has been felt only in particular classes of goods. On the
one hand the producer has been pressed by the high price
of the raw material and the smallness of the margin left to
-him for the process of the manufacture, while on the other
hand the purchaser has been deterred by the continued
stringency of the money-market from doing more than
supplying his immediate wants. Thus on neither
side has there been much readiness to enter into large
transactions, and the business done has been by no means
general. Stocks of goods, therefore, have begun to accumu-
late, and we find owners within the last few days disposed
to submit to a reduction upon last month's rates, while
we observe rather more disposition on the part of
buyers to operate where they can do so upon advantageous
terms. As soon as stocks are cleared out wo look for
the old rates to be re-established, and purchases can be
made now probably on better terms than a mouth hence.
Nor need there be any apprehension of a fall in the value
of goods from any considerable decline in that of the raw
material. Indeed, we fear the tendency will rather be the
other way, for the more we examine the subject the stronger
is our opinion that the consumption of cotton is going on
at a much greater rate than is generally supposed, which
cannot fail to have its effect sooner or later. The following
statement of average deliveries to the trade of Liverpool,
extending from an average of the last five weeks to an aver-
age of the last 75 weeks, shows that the lessening of con-
sumption is not nearly to the extent that is generally sup-
posed :- -
Average of 75 weeks ending April 21, this year 39,693 bales.
6073 39,733 „
tf ~
3R,551 „
45 ps 39,491 „
35 If 39,421 „
If
23 If 37,525
I/
IP 15 I/ 37,412 „
5 37,962 „
"The above figures comprise all sorts of cotton, but the
deliveries for consumption from Liverpool of America,a
cotton alone have been 27,070 b des per week, up to the
17th April, since Christmas, at which time the trade held
probably not less than 60,003 bales of this class, having
taken 31,000 bales per week during the whole of 1856. To
continue even at this reduced rate of consumption of Ame-
rican cotton would leave us with a remarkably small stock
at the close of the year, as the following estimate wi"
show :

Bale..
Stock of American, in Liverpool, Aprill7, 1857... 402,490
at Sea
Balance of crop to receive (Wright's estimate) , 450,000
Receipts of new crop to 31st Dec., say

1,178,490
Consumption of American, April 17 to
31st Dec:, say 27,070 bales per week,} 1,031,59)
at 37 weeki
For export (astaken in 1856, April 17 } 101,797
to 31st December

1,106,337

72,103
•
Now, although we consider these figures as a fair estimate
of the prospective supply, it is next to impossible that the
stock can be reduced to such a low ebb ; they are sufficient,
however, to prove that the stock of American cotter for
the remainder of the year will be so small as to seen a the •
maintenance of high prices.
"The exports of cotton piece goods and-yarns for the
month are 80,353 packages, against 92,615 for the same
time last year; this is under the average of the previous
three months, which is 83,129 packages. The following
classification shows at a glance the proportion shipped to
the various markets of the world :
Packages. Lb.
Cotton Cotton
Piece Goods. Yarns.
East Indies 30.2 ... 6.7
China
Australia 2.0 ... 0.0
Central and Seuth America
North America
West Indies 4.3 ... 0.0
Coast of Africa
Turkey, Egypt, and Levant 9.1 ... 6.8
Germany and Holland 4.6 ~. 67.3
Other European States 5.8 .-. 17.9
"The Liverpool cotton-market has he( in inanimate
throughout the month, having been affected by the strin-
gent state of the money-market, and prices havie given way
id. to id. since our last circular, quota'ions for Orleans
being, on the 27th March, 7d., 70., B,ld. ; on the '24th
April, 60., 7 d., 88d.
" The demand for water twist has been moderate
throughout the month ; our quotations for the 1, )wer num-
bers are id. per lb. higher ; for 31's to 40's, id. per lb.
" For mule twist the demand has been limiter'. Prices
for 20's to 80's are sl. per lb. higher ; other c runts id.
per lb. '
"In piece goods the tendency has been doe 'rewards.
India shirtings, 71b. and under, of which the production is
excessive, have given way about IH. to 3d. r piece,
from the highest point attained, and stocks of favourite
makes are being cleared off ; while the heavier inlaces,
suitable for China, and of which the quantity made is very
moderate, have been taken freely without reduction in
price. 7-Bth and 9-Bth printers have been dull ; itch
50 yards are heavy in stock, and would be sold very sow.
Ma.ddapolams are in very moderato demand, and rather
accumulating. Longcloths, T-cloths, and domestic& ha ve
been in rather better demand, but sales are still effected
with great difficulty."

COLLISION AND LOSS OF LIFE AT SEA.—PORTSMOM
May I.—The screw steamer Peninsula, Capt. Wats(
on her voyage from London to Cadiz and Gibralar, g •ot
in collision at 2:45 a.m., 14 miles north by west oft be
0 were, with the schooner Imperial Prince Captain Tayl, sr,
from Newport to liarburg, with railway iron, whisk i a ak
about 15 minutes afterwards. The master and 4 men 6 tot
~n board thesteamer ; but the mate and one seaman we re
drowned. The Peninsula i 3 stove on the port bow, a ad
has one plate started on the starboard bow, the f are
compartment full of water, and the jibboom gone. -