The Sun.
London, England, 1868-07-22 00:00:00

STATE OF TRADE.

MANciusTER, July 21.—The market has been
rather more active since prices gave way on FridaP
but still there is not any very considerable business
practicable. For shipping yarns the market has
been flat throughout the day. Spinners have been
willing to accept lower prices than on any day Pre"
viously, for some time past, but the market closes
tamely. Cotton began to give way in the Liverpu°l
market immediately after the decline here in cot ton
goods last Friday, and there is very little doubt
that this is reacting to some extent on values here.
In home-trade yarns, prices for most counts are id'
to id. per lb. below the current rates of last week'
The lower quotations, however, have occasioned 3
little more business, though this branch of the ma"
ket is not brisk. For cloths, manufacturers have
been more anxious sellers during several days past,
and have been generally more willing to realise tbe
total decline which has taken place in this class 01
goods. The result is that a fair quantity has been
disposed of, especially from stock. The prices ac-
cepted show a decided decline on the rates held for
last Tuesday, and the offers made by purchasers are
on a still descending scale. To-day the offers made
are lower than ever, and are, perhaps, less general,
in their character. There are telegrams from India
as late as the 18th inst. One to hand from Calcutta
quotes prices lower. One from Bombay is not $e
unfavourable, but still is of a rather discouraging
character. Under these circumstances, buyers 0i
cotton goods in Manchester for those markets
appear determined to abstain from operations, n°
less they can get in at very low prices. Such de-
mand as ther9 has been for India goods up to thicis
time has been principally for 39-inch shirtings, a°
especially of the known or leading makes. LiO
goods, such as long cloths and T-cloths of India
qualities, are still neglected and much depressed le,
value. Home trade goods are selling to a moderate
extent at low prices, leaving in sme instances a loss
of 5 per cent. on the cost of material and manufac;
ture. Messrs. John Slagg and Co. report of till,.
day's cloth market :—" Since our last report the!:
has been more disposition among sellers to recognis
a decline in values, and considerable lots have 108 a
cleared, especially of 39-inch shirtings, at prices
showing a deline 11d. to 3d. on the quotations ad,
e
hered to last Tuesday. To-day the offers are
fewer and lower, and our market closes with ha'
business."

PRESENTATION TO DR. JOHN HARLEr. On
day last a few of his old students presented this
3uished physician with a copy in silver of the Collini
bearing an appropriate inscription, on tho occasion of 11';
retirement from King's College, London, as lecturer °rif
physiology. The testimonial was accompanied by 3'l
ef
flattering address. Regret is expressed on all sides at
Harley's severance from King's College and its besPitiOl.
3-.
MILDRED.—By GEORGIANA M. URAIK, Author
of of "Jessie Tyrrel," &c. 3 viols.—" This story is an
resting one, well worked out. Only a few characters `its
introduced, but each of them is an excellent study 13
to
way, and prove the author to be a keen observer Of baub'qs
nature in most of its important phases. Miss grail' ; 0
before shown her ability in weaving a good tale• f':cet
knows well how to describe everyday li o on the snl: "'Liar
and yet to lift the curtain and show her readers the 1110
history of the actors also. That the story will please %a
readers we do not doubt, the characters are so original ;,01
so admirably sustained. For Mildred herself all must
a btrgna- ada4ratiou."—Obscrver.