The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1852-01-20 00:00:00

STATE OF TRADI

MA NCITESTER.—The market was rather unfavourably affected,
on Tuesday by the dullness which prevailed in Liverpool, toge-
ther with the aspect of affairs in France ; and, with certain
exceptions, yarns and goods betrayed a tendency to weakness
in regard to prices. Thursday's market, however, was rather
favourably influenced by an improvement in the French funds,
and still more by an increase of firmness in Liverpool, conse-
quent on the American advices (received on Wednesday), show-
ing that the value of cotton at New York and New Orleans was
not nearly so much affected, as had been anticipated on this
side, by the revolution in France. Although, however, the tone
of business is improved, so far as the comparison with Tuesday
is concerned, that is the whole extent of the amendment. The
sales are limited, and there is a difficulty, the sellers say, in
effecting them. In general spinners and manufacturers are not
now under contract so far forward as they were at the end of
December ; and, in most articles, it is found that prices are
rather lower than they were then. But the market, as a whole,
is bare, and its condition is felt to be a sound one. The pro-
ducers of 20's and 30's water twist are still unable to take orders
for immediate delivery, and therefore hold firmly to their
prices; buyers, however, are not disposed to give orders for
distant execution. By the overland mail we learn that at Bom-
bay (December 16th), although money was abundant, and the
rate of interest lower than is usual at the season, there was art
anxiety to sell amongst importers, which caused a decline in
the prices of shirtings, jacconets, and madapollams, and ars
uncertainty in those of domestics, T's, long cloths, and 30's,
40's, and 50's twist. The rate of exchange was rather lower.
At Calcutta (December Gth) the depression remained undimi-
nished. The imports still exceeded the deliveries, and some
forced sales compelled the acceptance of reduced prices. Alt
kinds of mule twist were rather lower, and still inclining down-
ward from a want of demand; they had been affected by the
stoppage of a large native dealer in yarns, who had, however,
made arrangements for a resumption of business. Exchanges
had receded from 2s. 3(1. to 2s. 20., and were ranging at 2s.
2id. for credit bills, and 2s. 31d. to 2s. 21d. for document paper.
Produce continued sadly depressed. In the Hongkong market
(Nov. 20th), shirtings had declined under a limited demand as
compared with the imports, whilst the small stocks and limited
receipts of yarns were adding to the value of the latter. At
Shanghae long cloths were in demand, in middling kinds of
grays, especially in barter for produce.
ROCHDALE.—The new or first market was on Monday last,
and it being a general holiday, there was a limited attendance
of buyers in th market, and not much business transacted.
There has been more inquiry after wool, and the dealers are
asking rather better prices for the coarser kinds.

LEEDS.—More bu'siness been done ~in woollen cloths this
week than in any of the last six or eight preceding weeks, but
not so much as to give any particular impetus to the trade of
the town and district. Stocks are reported to be below an ave-
rage for the season of the year. We cannot notice any alteration
in prices, which the manufacturers complain are too low, con-
sidering the nriees of crnnt

,
OTTI NGH AM.—The amerced condition of both the hosiery
and lace trades we have noticed lately still continues—more
visible, perhaps, in the first named than in the latter. The
prospect, too, is encouraging, as stocks of goods in the hands
of the hosiers are light. The price of workmanship is very low'
with a probability of its remaining so, as the quantity of work
the new frames are turning off every week is now immense, and
although the people employed in them can earn good wages, yet
the prime cost to the manufacturer is a trifle compared with
the cost on the old system. There is, unfortunately, still a
considerable number of lace hands out of employment, but
most of them no doubt will be set to work again next mouth.
The price of yarn is still the same. There has been some
advance on the price of silk.