5 JANUARY 1839, Page 11

Perhaps never since the battle of Leipsic has there been

a larger busi- ness done in gray-cloth on anyone day than in Manchester on Wednesday, and at a further advance of 2d. to 3d. per piece. The public, however, must not be led astray by the opinion that this stir arises from any fair and legitimate demand. It is evidently the effect produced on the cotton- market by speculators who have operated to an unusual extent since Friday. It is probable the sales will exceed 70,000 bags this week, more than two-thirds of which must be put to the account of speculators. The advance on goods is by no means equal to that on cotton during the last three weeks. Twist has been extensively sought after ; and the miantity which has changed hands is very considerable, and at an ad-

vance of fully Id. per lb. on the lowest prices. Sonic v spinners now refuse to clear off their stocks except at still higher rates. When the speculators begin to relax, it will then be seen what the real demand amounts to ; at present it is quite uncertain.—Leeds Mercury.

There has been exceedingly little business during the last few days either in yarn or manntlictured goods ; and purchasers generally show great disinclination to give the advance which the late rise in the cotton- market compels the spinners and manufacturers to demand.—Mimehester Guardian.

Time shipbuilders of Liverpool have seldom, if ever, been so busy as they are at present. All the yards on both sides the Mersey are occu- pied by vessels, of various tonnage, in process of building ; and more frames would be laid down if the builders could undertake the work. The shipbuilders along the west and the east coast are equally busy, and have frequent occasion to refuse proffered contracts for building vessels. All these circumstances show that the shipping interest is in a very flourishing state.—Morning Post.

There has been much joy amongst the shipowners of null during the last.week, from the arrival of their vessels from Russia ; great fears having been entertained that they might have been blocked in by the ice, hod that some political differences before the ensuing spring might prevent their ever returning.—Hull Times.

A jury was last week sworn at Brighton to inquire into the compen- sation to he given Mr. Kemp for fifteen acres of his land, near that town, required by the Brighton Railway Company. The inquiry lasted the whole of Thursday and Friday ; when the Jury awarded 12,9501., in lieu of the 48,000/. claimed..