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

STATE OF TRADE.

MANCHESTER, July 21.--The market has been
rather more active since prices gave way on FriclaP
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 Liverpool
market immediately after the decline here in cotton
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 i"•
to id. per lb. below the current rates of last week'
The lower quotations, however, have occasioned 6
little more business, though this branch of the roc-
ket is not brisk. For cloths, manufacturers hav°
been more anxious sellers during several days pas%
and have been generally more willing to realise O
total decline which has taken place in this class °f
goods. The result is that a fair quantity has 13011
disposed of, especially from stock. The prices ac-
cepted show a decided decline on the rates held Or
last Tuesday, and the offers made by purchasers Llrie
on a still descending scale. To-day the offers rnau";3,
are lower than ever, and are, perhaps, less general
iu their charactrer. There are telegrams from 111`41..‘4
as late as the 18th inst. One to hand from Calctit;
quotes prices lower. One from Bombay is not. 6
unfavourable, but still is of a rather discouraging
character. Under these circumstances, buyers °I.O
cotton goods in Manchester for those market„
appear determined to abstain from operations, 110,
less they can get in at very low prices. Such (I,ls
maud as there has been for India goods up to t'"a
time has been principally for 39-inch shirtings, 61t
especially of the known or leading makes. lilg;
goods, such as long cloths and T-cloths of 10,;3
qualities, are still neglected and much depressed Ito
value. Home trade goods are selling to a moder‘lo
extent at low prices, leaving in sine instances a I°,
of 5 per cent. on the cost of material and manuf6,io
ture. Messrs. John Slagg and Co. report of the
day's cloth market :—" Since our last report thew
has been more disposition among sellers to reeng°o
a decline in values, and considerable lots have h.e co
cleared, especially of 39-inch shirtings, at Pria..
showing a deline 10. to 3d. on the quotations l're
hered to last Tuesday. To-day the offers
fewer and lower, and our market closes with h"
business."

PRESENTATION TO DR. JOHN HARLEY' 00
day last a few of his old students presented this dis';:e,
3uished physician with a copy in silver of the Cellivi
bearing an appropriate inscription, on the occasion °I
retirement from King's College, London, as lecturer
physiology. The testimon:al accompanied 3 i..sreprr
flattering address. Regret is expressed n all sides
Harley's severance from King's College and its heSPit:or
MILDIIED.—By GEORGIANA M. CRAM, Atinte'
of "Jessie Tyrrel," &c. 3 vols.—" This story is 3° 1,- sr')
resting one, well worked out. Only a few charade" itS
introduced, but each of thorn is an excellent st3dsrl„ll 1113
way, and prove the author to be a keen observer Of ,
nature in most of its important phases. Miss Cr3l-
-
before shown her ability in weaving a good tale• we,
knows well how to describe everyday li 'o on the sticloor
and yet to lift the curtain and show her readers the 100
history of the actors also. That the story will pleas°l-01.1
readers we do not doubt, the characters are so origin 31 Nei
so admirably sustained. For Mildred herself all mu'
a strong admiration."—Observer.