The Sun.
London, England, 1845-12-01 00:00:00

STATE. OF TRADE.

FOREIGN WOOL TRADE, LEEDS, or. 28.—This market
remains in the same quiescent state as during the last few
weeks, and without any material variation, either as regards
sales or prices.
ENGLISII WOOL. MARKET, LEEDS, Nov. 28.—We have not
any alteration to notice in this branch of trade during the
present week.

WAKEFIELD WOOL MARKET, Nov. 28.—There is no dif-
ferent feature in this department of trade this week from
last, and no relief to the dulness then noted; the remarks
made then will equally apply now.
LEEDS.—Business has been very dull at the cloth-halls this
week. There continues to be nothing doing in the way of
purchases except to express orders. Prices continue steady,
and from the cautious proceedings of the manufacturers there
is no great accumulation of stock. Business in the ware-
houses has been almost as dull as usual at this season.
BRADFORD MARKET, THURSDAY.—The dulness that has
now so long pervaded the wool market is not in the slightest
degree dispelled. The demand for all kinds of combing wools
is narrowed down to the lowest possible point, yet notwith-
standing this extreme falling off in the consumption, there is
no disposition to press wools on the market. The country
dealers are not generally large holders, and as the farmers
who hold their clips are disinclined to give way in price, the
quantity coming to market is not considerable, which gives
the staplers confidence to hold forward, rather than sacrifice
without being able to replace. The business in yarns, now
that the export houses are nearly out of the market, is
limited, for the manufacturers are generally acting with
great caution, and buy only for present wants; yet the great
diminution in the production must tell ere long, for every
day adds further additions to the already nnemployed. The
position of the spinners is truly harassing, for evidently no
material relief is likely to be had for the raw material, and
until a considerable improvement in the present price of yarns
can be obtained, it is quite clear this branch of the trade will
not be extended, or the sufferings of the operatives in any
way alleviated. The determination to prevent any increase
of stock in pieces is closely practised by the manufacturers,
in confirmation of which, immense numbers of both male and
female weavers may be found without any work whatever,
and those who are employed only partially so. Still the
position of the manufacturer has for some time past been
infinitely better than that of the spinner, for the sacrifices
that have been made on yarns by many needy spinners has
enabled them to offer goods at prices far below what the price
of wool will warrant. With the precautionary measures now
adopted, it will tend to bring about a more natural state of
things, and place the trade on a more healthy basis. The
business done to-day has only been limited, as the home
trade houses only buy to assort their stocks, and the shippers
doing a little for the German fairs in January. In prices
there is no change worthy of notice.
MANCHESTER, THURSDAY EVENING.—We have had an-
other dull and declining week ira our cloth market, and prices
are now rapidly approaching the lowest point known in
1841-42, particularly for shirtings. When the advance paid
to the operatives in every department of manufacture is con-
sidered, the position of the manufacturer is not better, if so
good, as in the most distressing period referred to. The
printers are alarmingly dull—so are the dyers. Short hours
are now again generally spoken of, thus showing that dear
food and higher wages have no necessary affinity with each
other. The silk trade was never known to be in seidepressed
a state. The fustian cutters are now working for 30 or 40
per cent. less wages than they did six months ago; at that
time certainly their wages were very high. Spinners submit
to a slight reduction from the highest point some four months
ago. Twist may be said to have receded in value some 15
per cent.