The Sun.
London, England, 1850-08-01 00:00:00

ITAL Y

The Croce di Savoia or Turin announces that the
Bishops of Piedmont had received a Pontifical bull,
recommending them to submit to circumstances, and
obey the laws of the country. The King of Sardinia
and the Duke and Duchess of Genoa are at the waters
of C 'urmayeur, in the valley of Aosta.
A letter from Civita Vecchia of the 20th, in the
Bologna Gazette, announces that Sig. Cernusivili has
been sent to Marseilles on board a steamer, and is at
liberty to stay there, or to go wherever he pleases.
The Nazionale of Florence, of the 23d, states from
Rome, that while the Pope was passing across the
Piazza di Pasquino, a French officer, in plain clothes,
stopped to see the pageant without taking off his hat,
when a noble-guard, Count Pietro della Porta,
knocked off his hat with his sabre. The Frenchman
responded by laying his whip on the aggressor's
shoulders. A duel ensued, which, however, ended
without bloodshed.

We learn by letters from Rome of the 19th, in the
Bologna Gazette, that eight young men arrested in
the act of manufacturing Bengal lights, have been
condemned to twenty years' hard labour. Five more
had been acquitted.

STATE OF TRADE.
(From the Manchester Guardian.)
MANCHESTER, TrESDAY.—On Saturday there were
slight indications of recovery from the weakness which
had suddenly come over the yarn market; and this ten-
dency hai been aided ny the renewed buoyancy which
the Europa's advices have given rise to in Liverpool. To
the diminished animation and firmness of last week has
succeeded a revival of confidence; and the spinners have
more than re-established the quotations of the pre-
viously active week. There are too many contracts in
hand for the producers to be individually willing to
make extensive sales; yet the transactions of the day
have reached a considerable aggregate amount. The
German and Dutch merchants have shown them-
selves free buyers, as have also the home housei;
and they have paid an advance averaging *d. to id. per
pound, in mule and water twist, over the attainable
rates of Thursday last. Pin-cops are scarce
and dear; and the rise in 20's to 24's throstle
warps is to id. per pound. For the ordinary run of
yarns, the Russians are still almost out of the market;
but they continued taking the better qualities of the finer
counts (so far as they are to be met with), and paying
still increasing prices for them. Doubled yarns, with some
exceptions, have the general bias. As the India houses
do not re-commence operations, common 40's remain flat.
In the present position of prices, it is not at all surprising
that the courage of both sellers and buyers should come
and go in the manner we have lately witnessed. Ame-
rican cotton is dearer than it has been known to be since
February, 1837, except during the interval betwixt
December, 1838, and June, 1839—much dearer, indeed,
than during the greater portion of those thirteen years;
and yarns have not been so high as they are now
fur nine years—some descriptions for ten years back.
On the other hand, though exaggeration is sus-
pected, yet the probability of another deficient crop
of cotton is felt to be very great ; and, besides so high
a cost of production, there is, also, to give elasticity to
prices, a bona fide demand of unprecedented magni-
tude, with producers holding less stock and more
ample contracts than, perhaps, at any former period.
It is certain that the German manufacturers are
not more than moderately supplied; and the advices
now received show, that, acquiring confidence in
prices, they are giving orders with greatly increased
freedom. The India houses still keep aloof from the
goods market ; and 40-inch shirting., with other arti-
cles, of which they are the principal purchasers, con-
tinue, therefore, very much neglected. Low 7 Bths
printing cloths, also, are still inanimate, though, per-
haps a little more inquired after. In all these
articles, however, great firmness prevails. The demand
is again active for most kinds of long cloths, for T
cloths, and for the lighter domestics generally; and full
prices are obtained. The better sorts of domestics are
not, however, equally in request. Although, in most de.
scriptions of goods, prices are now higher than they
have been for several years, yet, such is the relative dear-
ness of yarns, that the manufacturer is unable to realise
the cost price of the day for the most saleable articles :
short time is, consequently, once more threatened.
jaunt:l:et
nneh
attendance
anhsnesa
appearance
TUESDAY.—The
activeoe eoadsr u,a nanved.—obfuT business
large
ne
condition,es sab tradeshivan
seofrbtosi
been
eeTnd
hbl
aorshow woollens
thkwoweeokf.g continuesoo Thedconsequentg

of lbt°neviinDe Ass3L'4nMe °llril)AthTe.--fi'arthleerin rah lasrkbeetento-adfsayir• abmutouthnet
number of piece, offered fir sale bas been more' limited,
which may be accounted for when we consider that it
was the Rochdale races. The wool market has been
quiet, and the manufactUrers hive evinced no disposition
to buy.
AIAccrxsrrELD,TUESDAY.—ThPre is more disposition
evinced to operate in goods, but manufacturers are not
disposed to go on at late current rates, they being very
much below value, compared to the price of raw mate-
rial, which has advanced considerably of late. Stocks
of goods are comparatively light, and this will no doubt
operate
marnouwfane tsuilrkesr,s
There
isconsiderably especially
mono
inquiry
ruirte
yhfor
thrown
of the finer descriptions, of which there is a scarcity;
and as the market stands for raw silks, a large advance
must be obtained on those qualities to make them pay,
The raw silk market esntiuues active, at the llite.ad.