The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1872-09-12
British Cotton and Iron Goods market.

MANCHESTER, August "a.
The market generally remains much as 1t wasa
week ago, the amount OF business having been
limited by the prevailing uncertainty as to pros
Cects and prices tending to q decline, which has
only In exceptional cases been conceded. In Sumo
kinds OF yarns, especially, there has been q very
perceptible weakness. In both goous and yarns
for The East, however, there has been rather
more inquiry, leading in the first Instance to q
somewnat increased Grmness az compared with
last week, and Consequently the Transactions
have been very small. Cloth has again shown
rather more frmnsss than yarn, and offers for
goods at q considerable reduction from the recent
rates have been generally refused by manufac.
turers, although all extensive business on sucn
terms might have been done. The suspect sion OF
Messrs. Gledstanes, the well known East India
firm Ia London exercised, a marked influence late
on Thursday and during yesterday, the frst
object being to check y somewhat increased dis
position to make offers. There was. besides, q
vague apprehension that further losses would be
revealed. To-day there is. perhaps. AZ much re-
coyery In tone as Is consistent with the ordinary
quietude Of the last day. Of the week, The impress
sion prevailing tnHt there are nearly sufficient
securities against The large amount or liabilities
falling 10 Manchester In connection with the full.
ure. some or the estimates place 1t as high as
f5O0,000 The Limitation Of business during the
last fortnight has not gone 30 lar as to cause any
sensible accumulation OF stocks. Quotations have
become rather irregular, but there Is an increased
eadiness to accept offers for shipping yarns,
which would have been refused On Tuesday or
Wednesday. Sales OF Shirt 1873 have also been
made at q decline Ct lhd from the beginning OF
the week.
BIRMINGHAM, August "a.
Some OF the expected countermauds, due prob
ably TO the hope O.: lower prices, have come to
hand within the last week, chiefly from customers
In the United Staten and South America, bat they
are too limited to Affect the substantially pros
porous state OF trade. The on J approach 10 SLACK.
ness experienced at present Is In the department
OF raw materials. Makers OF iron and rollers OF
mixed metals for local consumption nnd tne uS'
mand just now vGry quiet, owing To tne un"M,
llngness OF manufa sturers 10 add to tnelr stochs
10 the present declining stare OF the metal mal,
trade 1s q good deal dependent on tie plnmaheIs
and wlrewUrkers, report great caut:on On the palG
OF their customers, VINO sye supplying themselves
me. civ sifrom hard to mouth" shipping or
ders and railway C 'ntracts are heavy ior
brass and cupp,r tubes, aud me Wrought
iron tube branch, In spite Oh enuIm ho,
on home and foreit;u account. Iron wire draw.
ers were never busier. Edge tool makers COL:
Time well employed, chiefly on COlOnl u and
Sourh American account. The chand lier aud
gasdtting facto. les, after n partial aud temporary
iull, are again very busy the orders for ne bsst
goo1s for the home mirket helng especially saIls-
effort to execute the large export orders Bull IN
hand before turning their attention to the nome
Iequil ements now flowing III upon them. Lamp
makers share In the GO .er8l revival Oh wluter
tradeI, mineral, oil and carriage laIpps oelne ~
3D., cial request. Among The Lighter traces tleIe
is increased activity In the Steel pen, rue spect..
Gle leather, fancy goods ana plsteo Je"enS
SHEFFIELD, August "a.
The trade OF Shefield and The distrlcG con-
tinues exceedingly brisk, and there Is ne sign
whatever Of any change. AL the Workmen ID tae