Northern Times.
Liverpool, Merseyside, England, 1859-12-09 00:00:00

there-ia-a- decline of -24 d. to 3d. on all kinds of Congou
under Is. Bd.-Id. to 2d. on common to good Scented
Caper and' Orange Vekoe, in other descriptions of blacks
and greens, not much change, hut very heavy of sale.
We estimate the stock in the United Kingdom at
54,200,000 lbs., against 71,239,800 lbs. in 1858, and
79,204,000 lbs. in 1857—quantity afloat 19,924.3321b5,
against 7,907,371 lbs. in 1858, and 13,619,198 ibs:
In 1857:

Smx.—The regular and improved_ demand for all
descriptions of China Silk suited for home consumption
throughout the past month has given greater firmness to
the market than at any period this year. Tlie recent
arrivals have been readily disposed of, and the best (pal,'
lities at an advance of .6d. to ls. per lb. The deliveries
still continue large, and stocks both in importer's and
dealer's hands greatly reduced. The satisfactory position
of the Silk trade may be attributed principally to our.
home manufacturers being well employed and short of
stock, unaided by foreign demand or speculation. In
Bengal Silk there has been an improved demand, both
for Native production and the good and fine European
filatures; but they have not participated to the extent
of the advance that has been obtained on the prices of
China Silks. Italian, Brussa, and Persian Silks are
without change in price. Owing to the diminished im-
ports the transactions have been of a very limited nature.
East India and China Silk Piece Goods : Since the pub-
lic sales, on the 2nd ultimo, there has been an improved
demand, and several parcels of Corahs and other East
India manufacture have been disposed of at any advance
on the previous quotations. At the public sale of India
Shawls, which finished yesterday, there was a good corn-
petition, and nearly all that was offered were disposed
of. Foreign Gum Waste and Knubbs and Husks : The
high prices obtained for Italian and Turkey Waste has
brought the productions of Spain, Japan, China,
and the East Indies, and by improved care in the
selection, have been made available for all pur-
Poses of Spun Silk Yarn, such descriptions having
hitherto been little used in this country. Italian and
Turkey Knubbs are extremely scarce and much wanted,
although they have risen in value within the last four
years 300 per cent. The market has been well supplied
with home-made Waste, which is a little easier, but
spinners are unable to•obtain any adequate remuneration
for their Yarns in proportion' to the high cost of the raw
material.

-Wool.—The position of the Wool trade continues
unmistakeably sound and healthy—and althouh in
some branches the consumption may have slightly
diminished, it is still immense and much larger than.
usual at this season of the year. Prices of all the lead-
ing staples are considered high, and 'this, in conjunc-
tion with the unsettledness of affairs on the Continent,
disposes the majority of consumers to operate cautiously
—but there are not wantin .1- sanguine spirits, who, dis-
regarding political eventualities, look to the light and
rapidly disappearing stocks on hand—and calculating
on a good Spring trade intervening betwixt and next
clip-day--show their confidence in the future, by buying
freely and keeping up their full complement of the raw
material. The London Colonial sales opened on the
10th ultimo and closed on the 3rd instant, comprising
47,232 bales—they commenced with tolerable spirit at
about ld. advance on Sydney, Port Philip and the best
stapled Cape Wools—ordinary and inferior Capes show-
ing no change ; and at this range they progressed
buoyantly for about a week—at this time, however, they-.
commenced flagging, and the opening advance all but
disappeared ; except on first-class descriptions, which
stood their grotind to the end—ordinary and inferior
'Capes declining id. to ld. per lb. compared. with the
preVious series. The London Low Wool sales took
place on the 6th and 7th instants, and contained 792
bales East India-Wool which sold firmly at the rates of
the last Liverpool sales:- English Wools, which showed
weakness' at the early part of last month, have again
recovered; more business has been done, and the ten-
dency is again upward. The stocks of miscellaneous
foreign Wools are so excessively light as to limit business
to a degree; the transactions of 'the last month being_
the smallest of any during the year. ; still the few sales
which have been made, chiefly in Egyptian, Oporto,
Peruvian, &c., have been at full rates. •
COTTON has been in moderate steady demand during
last month—spinners holding a fair stock, and, seeing
the large receipts and large shipments for this country,
boughesparingly, and gained an advantage of 1-16 d per
week—while through the enormous demand for their
fabrics they obtained a further advance of id to Id on
Yarns, and 3d. to 6d on Cloth. The supply at present
is so inadequate to the demand that some manufacturers
are engaged for the next four or five months,—fortu-
nately for the trade, the supply of Cotton this season
promises to be ;fully sufficient for the consumption,
for this reason, and in anticipation of heavy imports,
holders unfree. sellers at market prices. Though the
killing—frost happened about a fortnight eatlier
than last year, it was followed by fine weather, and as
the picking season has been a generally good one, there
are as many estimates above as below four million bales.
Stained and dusty Cotton continues unusually depressed,
and prices rule much below its proportionate value ; in
fact, there is so little demand for this class of Cotton
that its value is nominal. East India Cotton has like-
wise been neglected by the trade and exporter's.
Though prices are proportionately low, spinners here
will not use it to the same extent as last year, and as
winter is approaching when exports fall off, there is not
much prospect now of a great reduction in our present
heavy stocks. The increase in the total stocks here and
in the quantity afloat amounts to 250,000 bales as com
pared with last year.
GENERAL REMAEKs.—Since the date of our last cir-
cular, a change has come over the political horizon as
complete as it is sudden—so complete indeed, as to turn
the whole current of national feeling from one of vague
apprehension pf danger, to one of comparative security
and reassurance of peace,—and so sudden as to appear
like the work of enchantment; and we owe much to
the forbearance and good sense of the Emperor of the
French in being the first to put a stop to that hostile
tone of the press, which was fast rousing the bitter
feelings of the two nations' against each other.
Nothing can be sounder or more prosperous than tho
internal trade of the country ; not so -the import-trade,
though relieved by a steady demand for consumption,
varying little from day to day,—the importer has had a,
heavy dragging business as regards profits, and with no
encouragement to hope for a better result by .holding.
Confidence we trust • will now gradually_ increase, and
impart more animation to our Produce Market ; symp-
toms of this are already apparent in some articles, and
will probably extend with the turn of the year.

HIDES, &c.
Messrs. Martin and Co. in their monthly circular say
' the arrivals during the past month from the River Plate
are confined to the Florist, from Monte Video, bringing
4,494 salted ox and cow, and 5,956 salted horse hides ;
the Margaretha and Obey, from Monte Video, and the
Lembranca, from Rio Grande, have also arrived with
bones and bone ash. The arrivals of hides from othea
quarters comprise-10,515 salted ox and cow from
Melbourne, 3,326 dry salted from the Brazil, 708
from the West Coast, and 4,635 salted from the
U.S. The market for Salted Hides during the past
month has been quiet, holders wanting higher prices
than buyers were inclined to give ; at 81d. for the best
quality a good business might be done, but above this
figure tanners prefer Australian and our own slaughtered
hides; the accounts by the mail show but few hides
coming forward from any of the ports. The sales are con-
fined to 2,200 hides at the following rates :-B.A. heavy
Ox, average 611 to 62-albs. at 81d. to Bad. per lb., tare
511;s. ; Light Ox, average 471bs. at 841. to Btd. per lb.,
tare 41bs. ; Bulls', average 83 to 911-lbs. at 7P. to Bd.
per lb., tare 71bs. Ship damaged Ox, average 571 to
60 4-51bs. at 70. to Bd. per lb., tare 51bs. ; ditto Cows,
average 441 to 4611b5. at 71d. to 71-d. per lb., tare 41bs.
Stock, 39,794 hides.-Rio Grande Hides : No import,
sales, or stock.-Dry Hides : No import, sales, or stock.
-Horse Hides: Import, 5,956. Sales, 4,160. There
is no improvement to note in the demand for these
hides; the market has been dull throughout
the month, and, at current rates, sales are
difficult to effect. The transacdons include 8.A.,
average 301b5., at 10s. 6d. to 1 ls. , average 251b5.,
1 at Bs. 11d. ; Colts, average 17 lbs. to 19 lbs., at ss. Bd. to
75., all faults ; average 36 lbs., Ist class, at 10s. 10d. ;
2nds, at 6s. 10d. M.V., average 32 lbs. to 321 lbs., at
10s. 3d. to 10s. 6d. each. Stock, 49,289 hides.-New
South Wales Hides : Import, 10,515, Sales, 6,660.
These hides have been in fair request, chiefly for the
home trade, at rather higher rates ; the inquiry for export
being confined to heavy weights, with a limited demand.
The following are the prices realised :-Sydney Ox and
Cow, average 53a lbs., at 5/d. to sad. per lb., tare
5 lbs. ; light, average 381 lbs., at Sad. per lb., tare
4avlebsra.g;e 3
third class, class, average 491 lbs., at 3ad. per lb.,
tare 4 lbs. Melbourne Ox, average 591 lbs. to
65! lbs., at 52d. per lb., tare 5 lbs. ; light Ox,
lts. to 521 d lbs., at 414. to s'd.
per lb., tare 4 lbs. Cows, average 49-4- lbs. to
,55 lbs., at 50. to 51d. per lb., tare 4 lbs. Bulls,
average 83i to 103 lbs., at 51-d. to SP. per lb., tare