The Express.
London, England, 1862-02-08 00:00:00

COTTON GOODS.

MANCHIMITI4 Fga. 7.
In yarns there has been rather more business
throughout the week, principally from the Germans, and
they are • shade dearer than on Tuesday. The market
has been gradually pining in &rooms for every quarter,
for al descriptions of yarns. The amount of business fur
India and China has not been large, nor have the home
trade houses bought much. The Germans have been more
active buyers, and have cleared out some pretty large parcels
of yarns at full prices. The cloth market remains exactly
as it was on Tuesday, or, if there is any change, • little
firmer. Fstrernely little business is doing. Both buyers
awl sellers are disposed to wait awhile, in the expectation
of rather better soother teem India in the course of another
mail or two, so WOO as the news of the settlement of the
American question has strived out there. And it is thought
alsothat the continuance of the system of short time must
sees result is giving increseed steadiness to the market.
Manufacturen from the country speak of more mills having
bees closed in conrequame of the ruinous loss attend-
ing the production of cloth at the prior now current. In
some instances, and especially where the operatives occupy
cottages belonging to their employer., the manufacturers
who have closed their mills have agreed to advance their
workpeople two or three days' wages per week to keep them
from the workhouse, and on condition that such Murices
shall be repaid when more prosperous times shall enable
the mills to be reopened. Thin has been done (as stated by
Mr. Bright, at Rochdale, • few weeks bath) in former
periods of depreseion like the present, and employers have
found their workpeople honest enough pnerally to return
and work these advances off, so soon as an opportnoity was
afforded them of doing it. It is to be regretted that many
spinners and manufacturers have not capital sufficient to
sable them to adopt this course, and that there is nothing
for it in such eases but to leave the workpeople to their own
resource*. The hope expressed by Mr. Batley, at Tuesday's
meeting on the lodine tariff, that boards of guardians would
telex as far as possible the ordinary tests to paupers, and
not subject those whose fingers were accustomed to the more
delicate preemies of the trade to the rough labour of stone-
breaking, mat with a hearty from the more gate-
roue-hearted of his auditors. This wish is so often expressed
that it may be well to ask who is to indemnify the relieving
officers for such • breach of the law? Bare the guardians
the power? Is ordinary times the relieving officers of
Manchester are year surcharged by the auditor for
breeches of the rule, in sums large enough to jeopardise
nearly the whole amount of their salaries, and they can
only obtain a remission by • pescess which involves • long
and tedious correspondence with the Poor law Board is
Loudon ; so that it may be presumed that they will only
follow any suggestion of this kind to • very limited
extent. But where this is nut done the poor people will
naturally avoid the union as lung as possible, and, indeed,
vast numbers are now tramping over the country, begging
from door to door, rather than accept the parish dole ou the
only terms on which the law, when strictly enforced, per-
mits it to be given. Although many of our spinners and
manufacturers are successfully using Surat cotton, • far
greater number, through prejudice, or rather than incur the
expense of adapting their machinery to it, ale averse to a
fair trial. This accounts in some measure for the great
difference in price, which is fully 3d. per lb. in favour of
the buyer as compared with American. This prejudice
blinds many to the fact that Surat& may now be bad of
much superior quality to that which was ordinarily supplied
some years ago; and of comae, where the employers have a
dislike to its use, we cis hardly be surprised to find that
the operatives are prejudiced against it to a still greater de-
gree, Boding that they earn rather less wages when supplied
with this disseriptioa of °Atm

Tan CORN TRADE or Ltvintroot..—The following
interesting particulars respecting the corn trade of Liverpool
are important., as showing the vast amount of shipping and
labour employed in the business. In 1861, the imports of
corn, Ice., into Liverpool, including Runcorn, amounted to
1,011,22 tons, including 441,022 tons of wheat ; 269,042
mats. ; 46,713 beans ; peas, 23,437 ; barley, 6,133 ; malt,
2,040 ; oats, 34,382 ; !milieu meal, 242 ; flour, 41,987 tone
from sacks, and 119,656 from barrels ; and oatmeal, 26,586
tons. The total imports from foreign and colonial port
were 941,354 tons; Ireland and coastwise, 50,406, and into
Runcorn, 19,480 tom The total export by sea amounted
to 203,748 tons. It is estimated that 900.000 tons of ship-
ping were employed In the Liverpool cora trade last year, of
which 700,000 wen from foreign and colonial ports ; and es
by the "bill of entry" the total tonnage from forego and
cola:del port which 'mired with cargo was 2,897,634 tons,
it will be seen that the core trade took nearly one•third of
the whole.

NORTH EASTERN RiILWAT.—The half-yearly
meeting of the shareholders of this company wee held in
the 1)o Grey Rooms, York. yesterday, at noes. There was
a large attendance. G. 11. Thompson. Esq., If .Y., the
chairman of the board of directors, preadd. By general
anent, the report, which had been previously published,
was taken se read, &ad, after a brief discussion, adopted.

• •
STOCKPORT, DIM!, AND WHALIIT-BRIDOB
RAILWAY. Yesterday a special meeting of this
company was held at the °Mete, 2, Lemdenhall•orset, Mr.
Robert Russell Marian in the chair, for the purpose of
raising additional capital for the purFries of the company,
under the provisions of the company s act lot 1867. The
chairman, laving explained the object of the meeting,
moved& resolution empowering the directors to borrow on
',insigne a sum not exceeding 66,6001., as prescribed by the
act euferred to. Mr. Huggins having seconded the motion,
it was unanimously approved of, and the proceedings ter-
minated.
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