The Sun.
London, England, 1858-03-06 00:00:00

THE BOOT AND SLOB TEA DE.

James Green and others in their March circular
say :
" The month of February is generally known to be
the slowe,t in the year, but r:cent events, whioh all but
annihilated credit, have told to a serious extent on the
i 2
present prospects of the shoe trade. We think the spring
and summer orders will be late, and we fear not suit.
)iplent
paper,iinl in
by
yhew
which
houtahts
cient to restore prosperity to manufaoturers or makers..
rna Althoughrket,
them u oenesyton sar b 7
long-datedm
principal shoe trade is done, is not looked upon with that
favour that existed in bri4hter days, therefore manna
facturers have no longer the inducement to press sales
unless for cash ; and as cash buyers are looking more
for bargains than remunerative prices, business has been
limited with those capable of keeping their stocks for a
fair price. Were the shoe trade in this country to makes
an effort to shorten credit, as is now being attempted in
the United States, we are assurer that great advantages
would accrue from its alcomplihtnent to all parties.
" We have no change to note at present in the Ans 4
tralian market. The mail due 'next Wednesday is
anxiously looked for, especially as it will bring details of
the effect there of the late monetary crisis in this coml.
try, and it is feared that the disastrous advice' forwardad
iu October and November last, which both left Sues at
the same time, will inevitably produce a severe panic ilia
the colony of Victoria, and perhaps in the other colonie;
of Australia. _

The home trade has, during the past fortnight;
is cosi:4:Z
healthy and legitimate than it has been in former CO
have e
S.
shownbaelnittelemmajoirs
yaentimwaetiobne,libeuvte tthheeacttruaadle
sons. Winter storks are generally found to be muck
larger than usual, by reason of the early and sudden
stoppage of the usual demand.
The spring prospects not being so enoouragirg as
usual,
ratimaons ; nufacturers are not making the customary
prepa consequently, if orders should WI hand, the trade will recover the more rapidly from the
existing depression.
"The Leather Market has shown a little more asi
tivity, and current prices are maintained.
" LONDON'.—The same unfavourable results continuo
to manifest themselves in the labour market—order
being still unusually slow.
NORRICH.—The Trade here remains in a state of
great depression, and work is very scarce, several mans
facturers doing little more than keeping their doors open :
still, at present they look forward to a eatisfactory
Spring trade.
"NORTHAMPTON.—Prespeots are not at all brightened, in this place, and it is many years since trade has been
so slack. The strike still continues against the use of
sewing machines. The Americans are now using It
large number of these machines : consequently the cows
taken by the men here will prevent our competing with
that great market, and thus the effect will be to destroy
a large part of the staple trade of this town."

All
made with the Hoosac tunnel, and the entire
advance of heading since the commencement of the work.
in January, 1856, is estimated to average 544 feet per
annum. The operations are going on at both ends, and
it will take twenty-two years to bring both working
de r„
mabb
yajoi tit:
parties together. The first mile is said to hare cost less
than any of the succeeding ones. There are three
different relays of men, each working eight hours in this
ats
surmounted
mheeos limestone, twenty-four ; besides men employed in removing rock.
oafndthoetmheorusnetarvinices.
of sufficient consistency to form a roof for the
gistidbeecawamiles
onfegioeasssaornyrytower sustain it by timb • ermg
3tneilen:pil being
eck arch. On the whole, the work is said to be
was tThhroeuegxiacaavaLioee
carried on with ylgour by the contractor,—vic Builder