Northern Times.
Liverpool, Merseyside, England, 1860-01-16 00:00:00

CARLISLE CORN MARKET.-JAN. 14.

We had a good supply of all kinds of Grain at our
market to-day, which met with a quick Ale at last
week's prices.

CORK CORN MARKET.—JAN. 14.
White Wheat, 25s 3d to 27s 6d; Red Ditto, 22s to
25s 6d ; Barley, 17s to 20s ; Oats, lis to 14s.

GLASGOW IRON MARKET.-JAN. 14

The market is strong, at the following prices :
No. 1,56 s 6d to 575; Warrants, 57s 7d to 57s 9d;
Makers'.lron, 56s 6d to 57s ; No. 3,56 s 3d to 56s 9d.

TRADE CIRCULAR.

IRON TRADE

Mr. Samuel Griffiths, in his circular of the 14th, says:—
The quarterly meetings of the Iron Trade have been
held this week, the first of the,series at Wolverhampton,
last Wednesday, in the Long-room at the Swan Hotel.
This meeting was large and influential, the feeling was
cheerful and animated, but very little business was done,
it being usual to defer most of the heavy transactions
until the next day at Birmingham; 'parties from North
Staffordshire and other districts, and a few merchants
from London and Liverpool attended. The meeting was
held in the Town-hall, Birmingham, on Thursday, and,
as we anticipated in our last. was very largely attended.
the siiamious hail being well filled. The Ironmasters of
North and South Staffordshire, Worcestershire, South
Wales, Cleveland, and Durham districts, Yorkshire and
Northampton were all represented, and the principals of
most of_the Tin-plate manufacturers in England, were
likewise there, -together with the usual great buyers of
Staffordshire. Iron from London, Bristol, Manchester,
and Liverpool, besides one or two eminent metal brokers
from London, who usually attend this meeting to repre-
sent the Copper and. Tin smelters. The meeting was
animated and cheerful, increased confidence in the future
being its marked characteristics, indeed it exhibited
a correct reflex of the sanguine anticipations with
1 egard to-the prospects of 1860, which we endeavoured
to set forth in our prospective summary of last
week, and this confidence was signally marked by the
' transactions of the holders of all kinds of Iron -and
other metals, Spelter perhaps being-the only exception,
which was flat. The business done in Pig Iron was far
belo ff the average done here at the corresponding meeting
in October- last; nevertheless, prices, ruled from ls. 3d.-
to 2s. 6d, per ton higher at this meeting, for all first-
class brands, and certain kinds of Cinder Pigs fetched
quite ss. per ton more than at the October meeting.
. The
.great business in Mine Pigs had' been transacted a
fortnight or three weeks before, and as the makers
were 'sold out for the entire of this quarter (with,
perhaps, one or two exceptions), the manufacturers
had anticipated their usual Birriaingham purchases
hence the. falling off in the business done in
Native Pigs, on Thursday. With regard to Cinder
Pip, a large quantity have been put on the market by
a Wolverhampton broker, on account of two or three
banks in the district, during the last six months,_ which
kept the price of this kind far below theiirelitive value.
But these sales on account of the batiks, being .now
suspended to an indefinite period, for better prices, there
is nothing to meet the demand but the ordinary pro-
duce of the makers which, by the bye, is very muck
reduced, and, on this account, an advance in cinder
pigs is' established,- far 'exceeding that 'of any other
sort. In Manufactured Iron - considerable orders
were given out by London, Manchester, and
Bristol, for best Staffordshire plates, best
Bars, Angle Bars, Hoops and . Sheets, and several large
contracts were entered into= on account of the eminent-
ship builders, on the Tyne and the Clyde. Nail-
Rods were likewise in general request, and more than
an averagebusiness done in them, the late improvement
in price being fully maintained; on the other hand, the
Liverpool Merchants, who were very nearly all present,
disappointed everybody, their purchases being remarka-
bly meagre, with an absence of enquiries for forward
purchases, which the trade were justified in expecting
to be made; however. it is believed that there are large
commissions now in the hands of the Liverpool Mer-
chants, which will have to be executed, and time wi.l
shew, whether, in theirshysesi or purchases on. Thursday
last, their usual far seeing policy. was brought into
action. It is known that the stocks of Pig Iron in the-
hands of the manufacturers in South Staffordshire are
25,000 tons less than they were this time last year ;
the leading manufacturers are all- well off for orders,
and.we have it on, the best authority 'that the stocks
On hand of Pig Iron in the Cleveland districts, including
the.Tyne,._are only. 70,000 tons, while :the orders on
hand up to this day will consume 180,000 tons ; this
state of the stocks of the raw material must, ere long,
have its effect on the market for malleable iron. On
the whole, the quarterly meetings have passed off most
satisfactorily, with a greater amount of confidence uni-
yersany entertained in the future stability and pro-
spects of the trade than we have witnessed for upwards
of two years. The official prices are below, and, it will be
observed, remain unchanged. The official-list of prices
of Finished Iron is as follows :—Common Staffordshire
Bars, £7 10s at the work's ; best Bars, £8 10s.; sheets,
£9 ; Doubles, 10 10s. ' • Nail-Sheets, £8 10s. ; Latir,
£l2 ; Boiler Plates, £9 ; best and best best in propo: -
tion ; common Rods, £7 10s.; Hoops, £B.los. ; Gas
- Strip, £8 ; Canada Plates, £l2, and all Other sorts in
,proportion. Current prices of Pig Iron, Staffordshire Cold
l3last, £4 10s. • best Native Hydrate Pigs, £3 15s. to £4
2s. 6d. ; first-class All Mine Grey Forge Pigs; £3 10s. to
£3lss. ; good Mine Pigs, with a modicum of flue Cinder,
£3 to a os. ; mine Pigs, deteriorated by cinder, £2 12s. 6d.
to £3; grey forge cinder Pig Iron, £2 7s. 6d. to £2l2s. 6d. ;
melters, Nos. 1,2, and 3, £2 Iss. to £3 2s. 6d. ; superior
makes of all mine melting Iron £3 10s. to £4, accord-
• ing to make and quality. Favourite Shropshire and
Forest of Dean brands, £4 10s.—The Glasgow market
for Scotch Pigs has fluctuated very considerably during
the week, prices opened at 575., and on Wednesday
touchedss7hsip.mwehniste
Shipments
owr3ad
h,
ep ther prices
eeeeslkohsoiwnwegervepe rrzBseulb2s
yesterdayet
oqnu tons
na tglya
nr:Fasinsltl9l.ati.4edr,ktal7hey3at:oss:
tons in the corresponding week of last year.—Copper :
beenTh e trade
marked in
b Copper
the
thel
and a -greater uniformity in price than has
characterised the rates for this metal in 'former
years. Although it is ,admitted on all hands that the
monopoly which formerly existed is gradually breaking
down, and becoming less powerful month by month,
terhaps because the parties interested area little more

tiosupeoseofdfotoretigury
,thtehipsriynecoipr,lesnat free
likewisetrade exercised , theeriemis
small influence on the market for English, being 1,70,90 Q
pedort no
- a
tons for the first 11 months of the year, against 107,720
for the same period of 18513, and 94,908 for 1857:
By these figures it will be observed that the products
of_ Australia, South_Americk, Spain and _Russia, are
rapidly increasing; and the shipments from thence to
these markets, will, in future, form an important ele-
ment for the consideration of the smelters in their
decisions from time to time, with. regard to fixed rates.
The fluctuations during the year under review have peen
but slight. In January the price was Is. 00., and on
the 10th of May it was reduced to ls., and another
halfpenny was taken off on the Ist of July, making it
110. During the month of November the demand
considerably increased, and on the 26th the rates were
raised to Is. Ind. A further advance was expected all
thiough December, and this was the more anticipated
after the large purchase of Chili made by smelters,
and the continued advance of the standard. The fur-
ther advance to Is. id., however, did not take place until
the sth inst., when fixed rates were put up to this figure.
—Tin : The fluctuations have been less during 1859
than the preceding year, the variation in price having
been about £l3 per ton in English blocks, and about
the same margin may be taken in Banca and Straits.
In April greater activity became observable, and some
large contracts changed hands, and refined now advanced
£4 per ton. The quantity of Straits imported during
the year under renew has much increased. On • the
other hand, the import(of Banca show a great falling
off. The price of Banca having lately ruled
considerably higher than either Straits or refined,
owing to the advanced rates for this sort obtained
at the Dutch sales. The production of Banca
and Straits continue about the same as in 1858, and the
increased supply sent to this market is mainly owing to
the • falling off in the demand for Canton, Shanghai,
Foo-chow-foo. and the East Indies. A greater relative
disparity than usual bas been witnessed between the
quotations of English and Foreign, the holders in Hol-
land having shown more firmness than sellers on this
side, particularly the English smelters, who reduced the
, price £2 in August last, which had no effect in any way
upon the market, unless that of unsettling everything.
—Tin Plates :The manufacture of Tin-Plates for the
year 1859 has been considerably less profitable- to the
makers than last year, for although the prices have
not fluctuated nominally more than 2s. per box during
the year under review, the price now being the same
as in December, 1858, (within abaut 6d. per box,) the
price of Block Tin has been against the makers all the
year, and as the production of Plates has been on
a larger scale than 1858, and a considerable falling
off in the export demand has taken place to the
Continental markets, the Manufacturers have frequently
experif need affinity in placing their produce at
satisfactory rates. The trade now looks more
hopeful, both in Staffordshire, Worcestershire, and
Wales, and the last Quarterly Meeting at Glouces-
ter, as reported in our last, was most satisfac-
tory. The value in exports of Tin-plates during the
first eleven months of 1859 were £1,458,623 against
£1,258,654 in the same period of 1858, -which is most
satisfactory.—Lead, in January, 1859, was £2O 10s. ;
to-day it is worth the same. Market firm, In January,
1858, a large business was done, when the price touched
£22 15s. ; in the early part of March it gave way a
little, but speedily recovered its former price; in August
the market became weaker, and prices more irregular;
in September it fell to £2l 15s.' and at the end of
Dctober came down to £2l 55., which was the ruling
rate until the end of N'ovember, at which figure a steady
business has been done. Present quotation is £2l 12s. 6d.
to £2l 15s.—Spelter has fluctuated considerably during
the year. • The dentand for the East Indies has been
extraordinary, amounting to no less than 7,000 tons ;
the price at the opening of the year was £23 ss. ; in
February it came down to £22 155., and afterwards
touched £2l 10s., and was done again in March as high
as £22 12s. 6d. The war caused a great reaction and
brought Spelter down to £lB 155., from this it recovered
to £2O, but in June touched £lB 10s. ; the price since
that period has been irregular, oscillating between £lB
17s. 6d. and £22 55., which was obtained in December ;
the price now may be considered £2l ss. ; market weak ;
the stock on the 31st December was 4,289 tons, against
4,511 tons in 1858, and 2,291 tons in 1857. Th pre-
sent stock is not high compared with former years, and
as nothing below present rates will pay smelters, we see
no reason why this metal should not well maintain its
present position.

The Hudson's Bay Seal Skin Cloaks and Jackets,
One Guinea each, at the New Shawl and Mantle Ware-
house, 40, Bold-street.—Shellard and Hodgson, Pro-
prietors.