The Sun.
London, England, 1828-05-06 00:00:00

STATE OF TRADE.

The state of trade in this town is much ~t,orse just now
than it has been for some months past. Since the Uncer-
tainty which exists respecting the probable issue of the
differences with Turkey took place, there has }meta a very
decided interr.npan to the rekullar operations of commerce
with that country.; A couSiderable 'businesa in mant ic-
tures has tx..vn carried on by 'tome of the German and S ss
States with the dominions of Turkey, and as this business
is now prevented, the German and Swiss manufacturers
have no demand for the artides'ti-fthwhich they were sap--
plied from this cottiairY;a4id"Whieh Were required hrthern
fir that trade. Besides this cause, the disturbed state of POr-
tugal has entirely interrupted the trade with that country
and for some weeks paSt theacounts from the North Ame-
rican States have been very unfavourable. It is to the
combination of these very untoward circumstances that the
pr, cant stagnation of our,export trade may be justly attri-
buted. The present state of .the American market, from
all we hear of it, is. however of itself sufficient to account
for much of the existing depression here. The merchants
engaged in that trade had enjoyed' for twelve or eighieeu
months 'past a steady, and probably, a rather prOfitable
business; a yrogressive increase of shipments was a natu-
ral consequence of such a state of things.; the quantity of
goods Sent. his, therefore, been gradually augmenting, and
iniddition to this stimulus, the chance of a new Tariff
(considerably increasing 'the import duties upon British
goods,) induced a futtli4r extension of the shipments.—
From August or September, to December last, the ship-
ments to America Were in consequence excessive, and have
produced a glut, which is more seriously felt from thepro-
posed Tariff net having been established, and from the
United States Banks, in clinaequence of some financial ar-
rangements, refusing to afford the usu:il facilities of dis-
count. These causes . acting together, have occasioned
great sacrifices 'in that market upon the sales of both
woollen and cotton .manufactures. We have beard that
upon the most current description of prints and White cloths,
the loss has been as much as 25 Per cent., and in some in.
'stances even considerably more.' From these causes the export
demand for goods and prices have in the cOnrse of
the last few weeks rather given way, but not so much as
might have been'• expected from the small quantity of
business done; partly, perhaps, owing. to the advance
'which has taken place in the same period upon raw cotton,
'sad partly beeauSe the prices of our manufactures have
I been for tefer.al months past as low es they well, could be.
BeSides the depreseing tendency, of the circumstances alluded
to, there have been time considerably failures of houses iu
the Russian and
.Dutch trade, with which the manufac-
turers here are connected,' as well as some of less couse-
qmance'among the spinners and manufacturers themselves;
and thesalWhlres operating upon a general conviction that
much of the recent mercantile business has been profitless,
and that the spinning trade has try for a long period been
bad, are prOdUcing distrust and want pf confidence,
and we fully' calculate that this feeling will prevent
any thing like a speculative disposition from spread-
ing to any dapgrous extent. With respect to the article
of 6-tont/Vilna have baen taken to encourage sfietta4l
lation, but at present the demand that article seems to
have subsided, and, business in it has resumed its regidar
cliaraeisT ; this we hope. it. will preserve, as we are quite
of opi-i*n .1)0; au serious speculative operations in it
would be mischievous, loth Ix) the trade _at large and those
'who naiaht be encouraged to engage in them. The con-
sumers have a deep interest in preyenting apecµiatiop in
cotton, and we have satisfaction in believing Opt they bate
the power, front the stocks they hold, of checking any prPr
ca.edings of this description. The demand for yarn for
home consumption has fallen off, the manufacturers here,
prudegy abstainjog from making any addition to their
stocks of yarri.,w4l4,..ihe demand for piece goods continues
dull. The export demand for yaAi still keeps up, and we
see no immediate reason to apprehend that it will decline i
at the same time, however, the spinners for, export have
beep unable to obtain such an advance 9f,price as will at
all compensate thB.9 the advance which has taken place
on the price of cot!ton.
What.is called the country trade is in a 44- ckt4itio:!.
and we expect the present fine weather will do satnetldug
to improve it.—ilfanehester Paper.

We have been told Gf a young, beautiful, and.
accomplished ladY, who, in a party a shod F g e sine, Was
kaard to felicitate herself that she had at last, after many
ineffectual attempts, atieceeded in conquering a cigai•
Several of her blooming am.siape had previously &regal-
plished the arduous anti desirable aahieyenyn,t, and
f...xciteA her envy and emulation.—Eul! Packet. •
Y.,tEPERwK JOHNSON, the private in the 22d
Regiment of Foot, who lately confessed ,that he was con-
cerned in the murder of Mr. LEE, surgeon, of Wells,
some years since, has now acknowledged • that that "
fession " was a mere fabrication,— Sherborne Journal.

pogr wornap, na;tnea WEST, residipg in.
Grays-inn-road, was safely idelivered,:ort Wednesday IEPI9
of three fine-hogs, who, tozether with their mother, are
doing well,