The Sun.
London, England, 1842-12-05 00:00:00

_
STATE OF TRADE.
(From the Leeds Mercury.)
FOREIGN WOOL TRADE, DEC. 2.—Our anticipa-
tions last weet with regard to an improved demand,
consequent upon the favourable news from China,
have since, we are happy to state, been fully con-
firmed. Many transactions of importance have been
effected, and prices, in some descriptions, may be
quoted a shade higher.
ENGLISH WOOL MARKET, LEEDS, DEC. I.—Dur-
ing the past week sales of wool have been larger than
previously, and prices have become firmer, though we
cannot quote any general advance as having taken place.
WAKEFIELD WOOL MARKET, DEC. 2.—We have
this week to report something like a return to confi-
dence in the long wool market, as we anticipated in
our last, and extensive purchases have been made in
two or three instances, at the prices of last week ;
without quoting any advance, there is decidedly more
firmness on the part of holders. There is no move-
ment in blanket wools, and prices are nominal.
TRADE OF LEEDS.—The news of peace with China,
and the prospect of a more settled state of affairs in
India, has had the effect of clearing out the principal
part of the goods which have been for a long time
held by the manufacturers, and which, not being cal-
culated for any other markets, have been completely
dead stock since the commencement of the war. This
will have an important operation in those districts
where this description of goods is made, and will, to
some extent, give employment during the winter in
replacing the same. With the exception of the above
description of goods, our markets have been as dull
as possible, scarcely anything having been done either
on Saturday or Tuesday, in regular market goods.
Prices, however, are a little firmer since the report of
the late. wool sales, and the stocks on hand are very
light compared with what they were at this period
last year. There is little business doing in the ware-
houses, purchasers confining themselves to assorting
their stock in the most careful way possible, so as to
work out of winter goods bey the close of the season.
BRADFORD MARKET, 1 HURSDAY.—The favour-
able accounts from the East have had less effect upon
the Piece market than those of our neighbouring
towns ; for, with the exception of Saxony cloths, an
article admirably adapted for that climate, no addi-
tional inquiry has been made; in this article rather
more has been done. Merimis, Orleans, and other
plain goods are in steady, though not extensive, de-
mand. Prices remaining very firm, and confidence
being generally established, the next alteration must
be upwards. We are sorry that we cannot report
anything better in the fancy trade, which is usually
dull during December; but if the month just ended
augurs anything as to the chance of the present, the
manufacturers have nothing satisfactory to look for-
ward to. In yarn there does not appear to be any
alteration either in demand or product. The spin-
ners, from their depressed condition by the ruinous
prices at which yarns are selling, appear quite un-
willing to make any alteration, except to curtail still
further, which keeps the stock low, and confirms the
already prevailing opinion that yarns have seen their
lowest point. During the past week there has been
but little business doing in wools. Fine combing
sorts continue to be neglected : in the more general
going sorts there is a shade more fimness. Noils and
short wools are ready of sale at a trifling advance.
MANCHE 3TER, DEC. L—There continued to be a
steady and rather increased demand for cloth adapted
for the East, and the advance paid on Tuesday is still
maintained. Some persons are already speculating on
a re-action, founded on the fact, that those mills
which have been working short time, or which have
been standing, will, when again set to work, cause such
such an increase in the production, as will again
paralyse the trade. This is, however, a problem
which time alone can fairly develope. When, how-
ever, it is considered, from the Factory Inspector's
Report, that some 10 per cent. of cotton mills are
standing, and that a further 25 per cent. of those that
are working are working short time, there is reason to
apprehend that when all the machinery is in full
motion, and for full time, that there will be a little
cooling down. Twist, although the shipping season
for the principal markets is over, is still saleable at an
advance of about a halfpenny per pound on the rates
payable three or four weeks ago. This symptom is a
healthy one. The cloth market has this afternoon
given some slight indications of a little re-action, there
being more sellers and more cautious buyers.
BARNSLEY.—A considerable improvement has been
felt in the linen trade of this town during the last
three weeks, and that improvement has received an
additional impulse since the arrival of the news
of the conclusion of peace with China, as a con-
siderable quantity of fancy drills is made in this town
for that market. The stocks in the warehouses are
unusually low at present, so that there is now a better
prospect for the winter than has been known for the
last three years. Work is given out very freely, and
nearly all the weavers are obtaining employment.

UNIVERSITY INTELLIGENCE.
OXFORD, THURSDAY.—In a convocation, holden
this day at two o'clock, it was agreed to accept of
Dr. Ireland's bequest of 10,0001. to the University,
for the purpose of founding an exegetical professor-
ship. A meeting of the Tractarian party was pre-
viously held, for the purpose of organising an oppo-
sition to the patronage being vested in the hebdomadal
board; but, owing to a difference of opinion, no steps
were taken—there were three non placets only. A
large number of members of convocation attended to
support the proposal for accepting the bequest.
CAMBRIDGE, DEC. 2.—At the congregation held on
Wednesday, Nov. 30, the following graces passed the
Senate :

1. Authorising the payment to the late Vice-Chan-
cellor of the sum of 1431. 6s. 2d., being the balance of
the Botanic Garden account.

2. The appointment of a third library keeper, with
a salary of sixty guineas a year, to be paid from the
library fund, to be appointed in the same way as the
library keeper and under library keeper, and to hold
his office for five years.
3. The affixing of the University Seal to a bond of
4001., bearing interest at the rate of four per cent. per
annum; to discharge the remainder of Messrs.
Rigby's bills for the fittings of the new library, and
Mr. Cockeril's charges, as architect.

4. The appointment of Mr. O'Brien, of Caius Col-
lege, Moderator, in the place of Mr. Robinson, of St.
Peter's, who has resigned.
5. The appointment of Mr. O'Brien, of Caius Col-
lege, Deputy Proctor, in the absence of Mr. Cookson,
of St. Peter's.

6. The appointment of the Rev. George Coulcher,
of Corpus Christi College, Chaplain to the Spinning
House for a year, with a salary of 401., to be paid out
of the University chest.
7. The increasing of the payment of each of the
Examiners for the classical tripos, for every year after
the year 1843 from 101. to 201., so as to agree with
the payments of other Examiners.
The Library Syndicate's Report, dated the 26th,
was agreed to, as has been seen above in the grace of
the Senate marked 3.
CRAVEN SCHOLARSHIP.—The Vice-Chancellor has
given notice that there will be, on Monday, the 23d
day of January, 1843, at ten o'clock, an examination
of candidates for a scholarship upon this foundation,
lately holden by Mr. Charles John Vaughan, .of
Trinity College. The candidates are required toss-
nify their intention of offering themselves by writing
a Latin letter to each of the electors, which is to be
delivered personally, on Friday, the 16th, or Saturday,
the 31st December. The electors are the Vice-Chan-
cellor, the five Regius Professors, and the Public Ora-
tor. In order to facilitate this delivery, one or more
of the electors will attend in the law schools on the
above days, from twelve o'clock till two; and no can-
didates 'will be admitted who do not signify their in-
tention in the above manner.

• PHILOSOPHICAL SOCIETY.-At a meeting held Nov.
28, Dr. Paget, the treasurer, in the chair, Mr. O'Brien
read a memoir on the Intensity of Reflected and Re-
fracted Light, the Absorption of Light, and the Sta-
bility of the Ammonious Ether, and the following
honorary 'members were elected :—Sir W. R. Hamil-
ton, Professor R. Owen, Professor C. F. Gauss, of
Gottingen ; Professor J. Muller, of Berlin ; and pro-
fessor J. F. Encke, of Berlin.
At the last congregation the following degrees were
conferred :

MASTERS OF ARTS.—T. H. M. Baftlett, Trinity
College ; J. W. Maher, Queen's College ; F. A. S.
Marshall, Caius College.
AD EUNDEM.—E. B. Everard, Balliol College,
Oxford.
BACHELORS OF ARTS.—W. H. Acret, Queen's Col-
lege; E. G. Childe, Trinity College.