The Northern Daily Times.
Liverpool, Merseyside, England, 1856-01-01 00:00:00

TRADE RtPORT.-MONDAY

ANNATTO offers at lld ex quay.
ASHES : The advices by the America are much the same
as belme,-and prices are not altered here.
BicHuomE still retail at 104 d, 5 per cent off.
BRIMSTONE :
Only 10 tons best 2nds sold at XS fis 6d.
1 COTTON : The market continues without change; the•
k dernand is fair, t'.-,e supply quite ample, and prices same as
last week. The sales are estimated at 5000 bales.
ESSENCE OF LEMON : 5 cases have changed hands at
6s 9d. •

FRUIT: A moderate amount of business done at the sales,
at fair prices.
Gym : No sales transpired.
URI) : 663 tierces, 338 barrels, of fine American, are for
auction on Wednesday.
LITHARGE sells at £26 for Flake
LINSEED OIL with a better d
sold at £42

25 tons have been

NITRATE OF SODA : 17s 9d to 18s ask..(l.
OIL OF PEPPERMINT : .5 jars sold at 225, in bond.
OLIVE OIL : Only retail saes, at previous quotations.
PALM OIL is quiet at £4B.

PIG IRON : There has been very little business done to-
day. Prices nominally closed at 743 to 74s 6d for Warrants,
cash, and 753 to 75s 6,1 for three months open.
MIN VITROL : 2 tons brought 36s 6d for the best

ROsIN : 100 birrels of common American have been sold
4s 9d.

uvalAc: 400 bags

Sicily sold at llsGd to lls 91; also
Gs 3d to Ss 9d-8s 6d only bid for

,re, for 9s.

TURPENTINE
'lnds at 36s C

,nd 67s 91
639 casks,

Lerican

THE WOOL TRAPI

D March.

( From the Circular of Messr• s. Joseph Robinson & Co.)
In taking a-superficial glance at the wool trade of the
year just terminated, it is unnecessary to enter on any
lengthened detail to produce an outline of what haa tran-
spired in the various branches of this article. When the
year commenced, the demand was very inanimate, the
influences of political affairs, with the sacrifices necessary
to carry on the war with energy, caused a relaxation of
confidence and a considerable degree of distrust. Until
the menth of March no improvement was observable. At
this period, manufacturers operated to some extent, and
evidently entered into contracts with the utmost caution.
As time progressed, purchases were made on a more
extensive scale, the value advancedi•and the raised rates,
freely paid, while stocks became reduced. Long before
the English and Irish farmers had sheared their flocks,
strong symptoms were manifest that there would be no

want of buyers for home grown wools, and :,t.
the clip, the majority of growers brought their fleeces
freely into the market, which were eagerly bought up at
the prices asked, so that the bulk of the wool produced in
this country, has been actually consumed. The large
receipts of bullion into the king.lom, it was conjeotur.a,
would-have kept the money market comoy,..e:..eiy easy ;
are so great. that a
the requirements for war DI)

large proportion hp- been-taken by FranCe2and other
nas had an unfavourable effect on commerce,
and stater
restricted busine a generally. From the month of
April to August, all wools were remarkably buoyan', but.
in the month of September, the minimum rate o; the
Bank of England had risen to five per cent., and the
value was checked in its upward tendency. In the tol-
lowing month, the Bank rate was raised to six per
cent. ,for short-dated paper, at which figure it has
remained. This serious advance in the rate of interest
caused for a time a complete stagnation, and had it not
been for the exhausted and diminishing stocks, of most
descriptions, there would have, no doubt, been a great
decline: the position being so peculiar, the market was
not affected so disadvantageously as to materially reduce
prices. Towards the close of November, the alarm caused
by the stringency of the bank measures, subsided, and the
fears entertained of a further rise in the rate of discount
diminished, which, with limited •supplies, induced con-
sumers and staplers to purchase moderately. Throughout
the year, manufacturers have been well employed in
nearly all the departments of the woollen districts; in
some branches business has not been so flourishing, never-
theless a steady consumption has gone forward, and
where army clothing orders have been distributed, great
activity is apparent. On the whole the wool trade is
sterling in its requirements, and almost free from specula-
tive demand, which is the best evidence of its soundness.
There bas been received into this port during the year,
about 18,000 bales of Australian wool, nearly the whole of
which has been consigned to London. How long the
merchant may consider it necessary to send wool from
this port to London for sale, is a question the future
must solve ; but it certainly cannot be a wise plan to
entail extra expense ont the importer and consumer, by
sending wool from -11 town near to the seat of consumption.
to one at a great distance. If the produce were sold
here, it would save the importer heavy. expense, and also
obtain extreme value ; for no person will travel two hun-
dred miles, for what he can' procure in forty or seventy
miles. For Australian and Cape wools, there has
been an active demand, and but for the scanty
parcels left here, a large quantity could have been
cleared ; what has been so'd is at a considerable
advance on the London sales. This fact is fully attested
by lots having been divided between this town and Lon-
don. In addition to this statement, the warehousing
and other charges are muchbelow the metropolitan rates.
The want of an Australian hank here is the great
drawback to our Australian co:nwerce. This port haaa
large trade with the antipodes, and sends the finest vessels
in the world there—why not establish a bank ? is the
question frequently put. .-A bank would pay well, if
. ' formed by the dividends of those in the
ad established

a banks.

ous hous

For Oporto