The Sun. — 1862-05-03 (London, England)

STATE OF TRADE.  MAN CIIESTER, May 2.--The yarn-market, as well as the cloth-market, is very quiet. In fact, little Lop- t' TS h.9.7ar-dillf7( speculative: American affairs. Such a mum?, it is said, the English Government is too wise to contemplate, while it is one which the French would not dare to attempt single-handed. The report, therefore, is not seriously credited, butt it is sufficient to create r, great uneasiness and stop business. Neither spin• ners nor manufacturers are willing to make the slightest concession in prices, even to Effect sales but it will be seen in how sernitive a state our market is, at the present high prices, when reports resting on so slight a founpation as the present one can so seriously derange it. Everybody treats the matter as one that will speedily "blow over," but sellers of cloth report that there has been little or no inquiry, much less any actual business, and that the market has been unusually flat throughout the day. Shirtings continue very firm, owing to the better advices lately to hand from India, and 'cloths and domestics are firmer, through reduction. Long-cloths are reported to be low in stock, but the demand of late has been small. Of yarns and cloths from Indian cotton the market is now in good supply, and, though a large quantity of these goods is of excellent quality, it is said that some of the cloth from the low staples is of a very inferior description, and sells with difficulty. The Cotton Supply Association have received some recent samples of cotton grown in India of very superior quality. The largest of these samples is a staple grown in the neighbourhood of Madras, and valued at 13el. to 131 d. per lb. It is from American seed, and is equal to any cotton of the kind from America. It is to be given out to spinners to be made into 70's yarn. Another sample is of cotton grown at Mutlah, in India, from Egyptian seed, worth 141 d. to 15d. ; and a third kind grown at Dargreeling, from Egyptian, is valued at 15d. per lb. "If cotton such as this," say spinners," could be supplied in quantity, we should no longer be dependent upon America to keep our spindles going." Messrs. Du Fay and Co., in their review of trade during the past month, say—" Tho distress which came upon us months ago is only felt now in all its severity, for many of our wealthy manufacturers, who have partially worked their mills, not on their own account, but on account of the working classes, cannot go on any longer,:the losses being excessive, and the produce unsatisfactory, as really good cotton. becomes scarcer every day. What is to be done if the war in America should continue much longer no one knows. Such a state of things is unparalleled, and experience is unavailable as regards remedy. Everything has been done to encourage the growth of cotton in other countries, but this is at best a work of years. Self-help is, indeed, put to the test in Lancashire, and we hope outward help will come soon. It is nearly nine months since some of the markets abroad have been supplied with goods, yet no urgent wants make themselves felt. Stocks must, however, be greatly diminished by this time, and before long demand will revive, even at the present enhanced rate of prim:. From the nearer markets, indeed, small orders have latterly been transmitted to this country both for yarns and goods. The polltical disturbances in the South American States are continuing to act unfavourably on our market by checking imports altogether."  TERRBILE SUICIDE BY BLOWING OFF 'III i