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

ITAL Y

The Croce di Savoia of 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 CJurmayeur, in the valley of Aosta.
A letter from Ci4.4.it:4 17,4cchig, of the !'),1.1, in the
Boloi,”na Gazpitc, announce.; thst (I.lrntr3clii 111,
been sent to Marseilles oa blard a, steanirr, and is at
liberty to stay there, or to go wherevrr he plcvcs.
The Nazionale of Florence, of the 233, 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 bis 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, endel
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 Ilingal lights, have been
condemned to twenty years' hard labour. Five more
had been acquitted.

STATE OF TRADE.
(From the Manchester Guardian.)
MANME,TER, TrEFDAY.—On Saturday there were
slight indications of recovery from the weakness which
had suddenly come over the yarn market; and this ten-
dency his been aided oy the renewed buoyancy which
the Europa's advices ha've 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-establi:,hed the quotations of the pre-
viously active week. There are too many c.)ntracts 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 houses;
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 throstlt
warps is 11. to }(1. 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 aro to he 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
for 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 bond 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 skirtings, 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 mono threatened.
LEEDS, TUESDAY.—The trade for woollens continues
iunintnhethseamae active condition, as noticed last week. The
attendance
appearance
nacned businessof
flargebu
hase
rbse. en
Thebrisk
show co nosfe
gq
ou
oe
dn
s
email.
RociminE, lloNDA.r.—There has been a fair amount
owfh
ibeuhslmn easys be
oiount
ranatetheteeeuddr.eflfroasr,n ihn,el
when market
wcons
m ton s d
nurnbrr of pieces offered for sale has been -maoyre; lbi but
ttehde
consider that it
i
the haeveweovoilrici,nciarnk:tdih4sosbitti:oeur
(witatiset,thaendi
to bay.

MACCLESPIELD, TUESDIY.—There is more disposition
evinced to operate in good,, but manufacturers are not
diposed 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 favourably for the manufacturers. There
is considerably more inquiry for thrown silks, especially
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 continues active, at the late al.