The Sun.
London, England, 1844-10-29 00:00:00

STATE OF TRADE.

FOREIGN WOOL TRADE, LEEDS, OCT. 25.—The
transactions of the past week have been about an ave-
rage of the few preceding weeks, and no variation is
apparent in prices.
ENGLISH WOOL MARKET, LEEDS, OCT. 25.
There has been rather more inquiry for wool this
week, but the sales have not been large. Prices are
nominally without alteration, but where sales have
been effected they have been a shade in favour of the
buyers.
WAKEFIELD WOOL MARKET, OCT. 25.—The ex-
pectations of the wool holders (as expressed in our
last week's report) have in some measure been realised
already, as the absence of consumers generally for
several weeks past as buyers have so reduced the
stock of several of them, as to occasion their
coming forward more freely to buy, and more sales
have been passing this week than for several preceding
week at a shade under the highest prices that were
obtained two or three months ago.
LEEDS.—There was a little improvement in our
Cloth Market on Tuesday, on comparison with the
markets of the last two or three weeks; prices remain
steady, the stocks on hand are on the increase, although
lower than usual at this period of the season ; busi-
ness has been dull for finished goods, particularly for
heavy fabrics ; the extreme mildness of the weather
causes the buyers to withhold purchasing; there is,
however, little doubt of an improvement in heavy
winter goods, for the home market, when the weather
sets in colder.

BRADFORD MARKET, TIIURSDAY.—AIthough as
many piece goods have been sold to-day as on any re-
cent market day, sales have been effected on terms far
from remunerating. There is an evident flatness in
the trade; but we hope that the precautionary mea-
sures resorted to by the manufacturers will ere long
issue in a more healthy state of things. After the
most diligent inquiry we are led to believe that so
great and sudden a check to production was never
before applied, pot even in the panic of 1825-6, or in
that of 1837. Business must have become very pro-
fitless, and the demand very languid, to occasion such
an extensive change. There is no visible improve-
ment in yarns since our last report; and as the con-
dition of the spinners becomes more and more harass-
ing by the great disproportion existing between the
prices of wool and yarns, many have adopted the sys-
tem of less production, some by running short time—
others by allowing a portion of their machinery to
stand unemployed. The demand for combing
.wools
has in no way varied for several weeks past ; spinners
supplying themselves as their necessities require, and
that on the most limited scale. There appears a great
want of confidence amongst the buyers as to future
prices or their operations would no doubt be more
extensive.

MANCHESTER, THURSDAY E VENING. —There has
been a remarkably good demand for cloth this week,
and since Tuesday it has in no degree abated ; on the
contrary, it has in some measure increased : prices,
too, for nearly all qualities and descriptions, are a
little higher, say, about lid. a piece, or about 2i per
cent. The demand for China, and in particular for
the port of Shanghae, is immense, and the advices
from this particular place are most encouraging. The
profits are understood to be not only good, but even
large. Some idea may be formed of the
amazing increase in the business to China
when it is stated, that for nine months of 1844,
the number of pieces of shirtings only, exceed the
quantity for the entire year of 1843, by more than
1,000,000 pieces; and, it is computed that for the year,
it will amount to 1,500,000 pieces. The Belgian new
tariff has not created so great a sensation in Man-
chester as was by many anticipated it would have
done. These, which may be called small fallings off,
are more than fully compensated for in the daily in-
creased demand for India and China. Our principal
manufacturers are engaged for some weeks to come.
Yarns are in undiminished brisk demand, and such as
are adapted for exports are positively not to be had.
The spinners are, therefore, doing well, and likely
to continue to do so for some time to come.—Leeds
Mercury.

MANCHESTER STOCK EXCHANGE, OCT. 26.—There is
rather more inquiry for Stock to-day, and prices remain
steady. Belfast and Ballymena, !lit premium ; Churnet
Valley, 3R; Eastern Counties, 13i ; Leeds and Dews-
bury, 7i ; Manchester, Bury, and Rossendale, 8 ; Man-
chester and Leeds, Half Shares, ; North Union
Stock B, 75 ; Sheffield and Lincolnshire, l 2 1.16 ;
Sheffield and Manchester, Quarter Shares, 13i.
THE ORANGE SEASON.—'The following is an ex-
tract of a letter from Lisbon, dated Oct 16:—" The
shipments of oranges will shortly commence. There is
certainly not a large crop, but quite sufficient to meet
the demand. The invoices will open at four dollars, 400
per chest, about 21s. English ; at least, I understand this
is the price the Lusitanian Fruit Company, who are the
most extensive shippers of oranges, intend to invoice at,
and of course other houses will be regulated accordingly.
Some vessels have been chartered to London at 41. per
ton, and I expect freights will rule between 3L 10s. and
that amount."