The Northern Daily Times.
Liverpool, Merseyside, England, 1857-02-02 00:00:00

TriE NORTHERN TIMES.-LIVERPOOL, MONDAY•

million of spindles during the lasltwo years (the total
number of spindles we estimated to be 27 millions at the
end of 1856), the proportion which Great Britain received
last year of all the cotton consumed by the ship f manu'ac-
t .iring countries of the world has been less in per centage of
the total consumption than in former years. The
deliveries to Great Britain were in 1855, at the ra e of 53 per
cent., and in 1.856, only sli of the total consumption
The same authorities thus describe the position of the
Yorkshire markets : —The state of the B a 'ford market
remains the same as indicated in our last report, old con-
tracts entered into during November and December last,
keep our worsted mills so far well employed ; but only very
few new orders have been given out in the last four weeks.
The high prices now ruling for every article produced in
our market, command the utmost circumspection and only
the most urgent necessity for re-assorting stocks induce the
home trade merchants to buy on a limited scale at the
present rates demanded daily more tenaciously by manu-
facturers, For export very little has been doing during
this month. As yet all those manufacturers who are
enabled by old stock of wool and cotton warps laid in at
cemper ttively easy prices to establish on an average
of cost, continue to sell at propOrtionably lower
rates than the actual state of the wool market
warrants them to do ; but the period with many of them
is not distant when such averages must cease and then the
real struggle will begin. We, therefore, fully expect, ere
long, a very considerable stoppage of machinery, as such a
measure is imperative to reduce the hitherto unprecedented
large consumption of wool, -and, if possible, to cause an
adverse impression on the value of the raw material. To
what extent such a measure will succeed, must remain a
problem which time alone can solve. Bafore June and Soly
no fresh supply of new wool of any amount can be expect, d
to arrive in our market, and the total want oast ttistics with
resprct to old wool remaining on hard leave= consume s
c,rmpletely'in the dark, ond lends a cotonriog to tt--
probably exaggerated statements spread by speealatits ;
that there is not wool enough lets in the country to
supply the exising worsted machinery at the rate of
consumption of the last six months, until the new clip is
secured. We waive all speculative remarks and confine
ourselves to state facts as they do occur. Accordingly we
have fo say that latterly some superior lots of lustre wool
changed hands at prices which touch very near to 23 per
lb. Since the beginning of this month higher prices have
generally been obtained for wool, yarn, and goods, averaging
an advaure of from 51 to lid per cent. Not the slightest
indication of any reaction is as yet perceptible. Woollen
goods in the Leeds mark command also an advance corn-
meesurate to the value of colonial wools, which fetch now
from 2tl to 3 i per lb. more than the prices paid in the last
public Loudon sales, and upon the whole trade remains
good and sound. Flax yarns have also improved in price.
The Ericsson which. arrived here on yesterday
afternoon, brought us New York advices of the
17th ult. The Money Market was steady, and
rates of interest easier. The Coton Market was
quiet and firm, a variety of circumstances were in
favour of the buyer. There was very little doing
in breadstuffs, and no change of any consequence
hadtaken place in the trade for cured provisions.
Freights to Great Britain were in moderate demand
about late rates.

scarce, they are obtainable at and about the rates ruling
a month ago.
9-8 AND 6-4 GREY MADDAPOLLAMS, 24 YARDS.—In the
'osv qualities, which, in some instances, have declined
slightly, a large business has been done, there are no
stocks to be met with, neither can any immediately
available supplies be forthcoming; with respect to the
medium qualities nano are to be met with. In a general
way they are heav ly under contract, and additional
orders requiring execution would have to be placed at an
advance of lid per piece upon the rates ruling a month
ago. The same may be stated concerning the best fabrics,
with an extension of time as to deliveries.

T CLOTHS have not in the course of the present month
realised the demand which existed for them in the previous
one, for any one width or quality, nevertheless, from
previous contracts, many of which are not completed,
stocks, in a general way, are not to be met with, neither
can any decline in value be noticed, on the contrary as far
as the latter is concerned ; in many instances, prices are
higher by about lid per piece, whilst on the other hand a
reduction of the same amount is noticeable.

9.8 AND 6.4 LONG CLOTHS, 36 YARDS.—Which up to,
and at the time of our last monthly circular, had experienced
such a demand as to have not only removed any previous
accumulation of stock of all qualities, but to have placed
manufacturers under contract, have, during the present
one, been but little enquired after, comparatively on
account principally of the relatively high prices ruling.
We resume our last month's quotations, and even at th,-rn,
the manufacturers, from the high price of cotton, are in a
worse position than they were some time ago.
DOMESTICS.—Generally, from previously existing con-
tracts, and the demand wiaich has been in existence daring
the present month, continue to be very scarce in stock,
with many of the manufacturers producing to order. Of
all qualities there are none of consequence to be met with,
and we quote them without exception 1-16th and I.Bth—
tn.some instances more than that—per yard higher than
they were a month ago, and even at that advance the
oosition of the manufacturer is generally worse then it was,
in consequence of the high price of cotton. Orders require'
some five to six weeks for execution, and in regard to
eheetings, which continue in very good demand, and are
scarce, an advance in price varying 'from .id to id per
yard, has been realised in the course of the month over
and above what could have been obtained at its com-
mencement.

VELVETEENS and MOLESKINS continue not only to be very
scarce in the bands of manufacturers, but are generally 24
per cent or thereabouts higher than they were a month ago.
In the hands of dealers they are comparatively plentiful,
and purchase-able under the manufacturers' terms. This
statement applies tog ell and -t.hs velveteens also ; and in
regard to velvets, such is the demand for them that they are
not to be had in stock in the hands of producers. With
dealers moderate quantities can be had at and about the
rates ruling a month aga, and at prices below those now
demanded by manufacturers-.
PRINTS, whether in ith, 9.Bth, or 5-4 h in 'the best class
of printing, continues to be light in stock, all the best class
of printers being largely engaged in producing to order ; the
same may be reported cancelling certain classes of interior
descriptions. Prices continue to be reasonable, considering
the high prices of cloth and other printing ingredients.
There is nothing particularly new in style noticeable since
our last report, but those which have appeared evidence a
great superiority over those of preceding seasons. In
Coburgs, Orleans, de laines, &c., the same opinion will
apply, but of these also there are no stocks of consequence
to be met with.

WATER TWIST : In 6's to 14's which, although they have
not experienced much demand, are now relatively light in
se es, in consequence of many sninners having turned their
attention to finer numbers. We quote these an id per lb
dearer ; also 16's to 24's, which are becoming comparatively
heavy in stock. 30's are scarce in the best second qualities,
and plentiful in the third. We quote the former about id
per lb higher than in the course of the month ; so are 36's
to 42's, which have been in good d mend with 30's for
Rusaia. Crape twist in good seconds remain film at our
last month's quotations ; but good thirds are heavy in
stock, at a reduction of about id per lb, with considerable
stocks in second hands, which can be purchased at and
about ed per lb beneath what the spinners would now re.
quire. Warps continue in good demand, and are realising
about it per lb more than could be procured for corre-
spondent counts and qualities in the bundle.
MULE TWIST: 6's to 14'a have been in good demand
throughout the month, and are scarce at our quotations;
20's also are very scarce, and so are 30's to id per lb abeve
the rates ruling at the end of December. 40's are also
scarce, and lower by id per lb in regard to good seconds
than what they could have been purchased at three weeks
ago. 50's and 60's are 1-ecoming heavy in stock, and may
be purchased under our quotations by id per lb. In 70's
to 100's very little has been done, and they are heavy in
stock comparatively, with the exception of 70's, which have
been taken to a fair extent, and are, with some descriptions
of 80's, really worse to buy by id per lb or so. Twist and
Pincops from 30's to 36's, and even 40's, have been in good
demand and sue scarce, at an advance upon last month's
rates of id per lb; and 50's and upwards by Id to led per
lb. 60's for example, which is found upon comparison to
be 7d per lb higher than it was twelve months ago, is to-
day higher by Irl per lb than it was last week, a fact which
may serve to account for the present high prices of fine
Jacconets, &c. Doubled Twist in all counts and qualities
has been in good demand, is now scarce, and may be
considered ld per lb higher than it was a month ago.
SUNDRY Go iDS Unonumerated exhibit bat little change
according to our quotations; nevertheless they are ac'ually
worse to buy, and higher in reality, particularly in reference
to woollen stuff goods, &c.
As stated, the transactions have been, to a very large
extent, from the assigned causes ; buyers at the commence-
ment of the month having generally been determined, only
from the extreme prices demanded by both spinners and
manufacturers, and having supplied themselves extensively
at lower rates, to limit their operations to immediate wants,
Ten days ago, however, when revived activity in cotton
became apparent, and a restoration in the value of that
article, which had previously been lost to the extent of
about one farthing per pound, was realised, greater disposi-
tion to purchase was manifested, and the consequence was
that some considerable purchases were effected. This
improvement was bat of temporary duration, and the
market closes in the same dull and inactive state which
characterised its commencement—with buyers limiting their
purchases again to necessary supplies. 'We particularise
these matters again to show how closely the sympathy
between the value of the raw material and that of the
manufactured article iefluences and operates.
In regard to prices, they have been necessarily irregular.
In some descriptions of Goods and Yarns they are, as will
have been noticed, higher than they were a month ago,
whilst, as regards others a decline in value has taken place,
but in reference to the latter, India Shirtiega and Yarns
have been mainly. eff-cted ; some descriptions of which
being purcbas3able at a reduction of 3d per piece, and one
farthing per lb upon the rates ruling a month ago. The
tendency of the market generaliy is, however, decidedly in
favour of the buyer to a trifling extent, but no material
alterations in that direction is apprehended. With regard
to Stocks no material accumulation is as yet ebservable, and
but for this fortunate feature, arising from existing con-
tracts, Producers would not have been able to stand so
firmly by their present quotations. Therefore, so far as
Stocks are concerned, and the non-completion of orders
which will yet require more time for fulfillment, the market
is capable for a season of resisting any severe downward
pressure.
The demand during the month has been mainly for the
country trade and Canada, which important colony is now
beginning to develop its great resources, from causes which
are so apparent, holds out the expectation justly, that the
consumption of British and other manufactures will steadily'
and progressively increase,
Under all circumstances the close of the month cannot
but be viewed satisfactorily. It is however, necessary to
mention that owing to the high prices of cotton, and their
inability to secure corresponding rates, many of our spanners
and m nufacturers are producing at a decided loss. We
refer immediately to those producing low numbers of Water
and Mule Twist, Domestics, T and Long Clothe, &c. Any
expectation of eotton, for a time at least, being lower, has
been abandoned ; and this view, coupled with the continued
dearness of money, and the probability thtit it may become
dearer, inspire but little hope of their position, for some
time, being improved. The sales of cotton during the
month will have reached about 220,000 bales, for the trade,
export, and speculation, and prices are now much about the
same as they were at the commmencement of the year.
MeNete, GRRENIIOW, fc IRVING.

St Domingo, which brought, early in the month, 51s to
51s 6d; the market, however, is higher since.
SPICES : The sales are confined to 60 bags Pimento at
46d, 60 bags Malabar black pepper at 6 I, and a small lot
J,,m4ica ginger at 69s 6d.

'Bass' VirAx : A lot Jimnica sold at 71 105 to 71 15s 6d,
and a parcel Homy at 523 6d to 62s 6.1.
RICE: A parcel Ca olina of fine quality was offered, but
only 5 trCl found buyers at 27s 6 1, and since then the article
has been dull and drooping in value.
EAST INDIA PRODUCE : The sales were confined to 650
bales Jute, which brought 161 12s 6d to 221 per ton, as in
quality.
TEA has been in good demand, but the transactions have
bean wholly in second-hand parcels at advancing rates, none
being left in importers' hands; an advance of 21 per lb
may be quoted on' all descriptions. The Melbourne sailed
frog] Canton fir this market in December last, with about
only half a cargo_
ThrEwoovs: The sales effected consist of 10 tons Nica-
ragua Wood at £l5, and 20 tons Cuba Fatale at £8 10s
per ton. Logwood has been neglected, but the demand is
reviving.
COTTON : has advanced d per lb. during the month, and
the fresh arrivals have met with a ready sale, whilst the
entire stock now in hand affirds little selection, even at the
high prices current.
No MAHOGANY has been in the market, but a cargo of
C it will ba niXced, is to be offere l at 3d proximo.
TO.RACC) : 'met a moderate demand at steady rates
TALLOW : Has advanced considerably during the month,
an'l has still an upward tendency, Y.C. being now quoted
at 6 4i to 633 Gd.

GRAIN: The market this month has been well supplied
with all descriptions of lime and F treign Grain, and
prices have c inside-ably declined. For wheat the demand
has been fair, but buyers have generally been able to pur-
chase at a reduction, since last month of la t ) 2i per bull.
,Oats have been taken chiefly in retail, at about former
prices. Barley is in moderate dem and, at ls' per boll
reduction. Grinding beans have throughout the month met
with a fair demand at full prices, but Feeding sorts have
been very unsaleable, and have declined 2s per INA.
PIG IRON : Our Pig Iron market has continued dull.
daring the month, but prices have been steady, varying
from 73s 31 to 749. The market closes at the former
quotations for buyers. The stock in yards amounts to
27,500 tons. WILLIAM CONNAL Si CO.

cence, with none' so poor to do her reverence. Defended
on both flanks, fortified at every point of attack, the
institution of slavery diffused as a vital element over all
her territory, she will be politically invincible; she may
sit under her own fig tree, with none to make her afraid ;
and, the production of cotton, keeping paco with the
demand, the sceptre will not pass from the cotton king
while there is a Southern soil to be tilled, labour to till it,
and intelligence to direct the labour.--New Orleans Delta.

THIS DAY.

On account of whom it may concern.
Tuts DAY, the 2nd instant. at Twelve o'clock, at the
Brokers' Office,
120 Tons American IRON ORE,
ex Bridgewater; it is very ducti'e and well adapted for the manu-
factute of Steel.—Apply to ARNOTT BROTHERS,
Liver-chambers, Tithabarn-street.

__—
TO-MORROW, the 3rd instant, at Twelve o'clock, at the
Brokers' Office, 2, Dulo.street,
S ve.ons Flat Peruvian BARK,
3 Beton Flat Peruvian BARK, all faults.
Apply to BROWNE, HUNTER & CO., Brokers.
On account of whom it may concern.
To-MORROW, the 3rd instant, at Half-past One o'clock, at
Golding and Nash's saleroom. Corn Exchange, Brunswick-streets
About 1868 Bushels WHEAT,
lying In Radford's Waretousea, Tabley-street.—Por (nether particu-
lars apply to J. & br H ARNETT. Brokers.

On account of whom It may concern.
To-soaaow, the srd instant, at Half-past One o'clock, at the
Brokers' Office, Corn Exchane Buildings. Brunswick street,
A Quantity of Damaged W FIE AT,
saved from the fire at Messrs. Hunting on's Mill, Limekiln-lane.—
Mity be seen on the premises,—For further particulars app'y to
GOLDING Az NASH. Brokers.

Ta•Moaaow, the 3rd instant, at Half,past One o'clock, at
Golding and Nash's Saleroom. Corn Exchange,
About 665 Barrels FLOUR,
reeentiy imparted from Now Orleans.—Apply to
JOHN TOMLINsON & SON, Brokers.