The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1839-12-13 00:00:00

STATE OF TRADE.

(From the Manchester Guardian.)
MANCHESTER.—There was a very flat market for most
descriptions of goods and yarns yesterday, and_some descrip-
tions of goods, and especially printing cloths-and domestics,
were a shade lower than at the close of last week. There
was, however, an improved demand for some descriptions of
yarn, and for 40-inch shirtings, suitable for the India
market. This demand caused an impression, which the
arrival of the London morning papers showed to be correct;
that intelligence had been received overland from India ;
and it is presumed that the commercial intelligence cannot
have been very unfavourable. We regret to say that a con-
siderable number of failures have been announced within
the last few days; hut the majority of them are of firms not
very directly connected with the staple business of the
town ; though two or three are so. Yesterday afternoon
there was a report, which is countenanced by one of tEe
London morning papers, of the failure of a most extensive
retail house at the west end of London ; and the debts were
stated to amount to an enormous sum, hut to be owing
principally in a foreign country. Whether there was any
foundation for the report was, perhaps, very doubtful ;
but it helped to increase the gloom which was generally
prevalent. Amongst the reports which we heard, upon the
exchange, was one to the effect that Mr. M'Gregor, the
English envoy at the court of Naples, had succeeded in
concluding a commercial treaty with that country, under
the guarantee of Austria, and on fair and 'equitable terms.
Amongst these were the abolition of the absurd and
mischievous monopoly of brimstone, of which our manu-
facturers have so justly complained, and, on the .other
hand, the admission of Neapolitan oils into this country on
the same terms of Spanish oil. We hope this statement
will turn out to be correct, though hitherto it has received
no confirmation from the London kqEers.
ROCHDALE FLANNEL MARKET, MONDAY, DEC. 9.
There has been rather a better demand for goods to-day
than on the preceding Monday, and certainly more flannels
have been sold ; but the price obtained have been rather
lower. There is no change in the wool- market.
HUDDERSFIELD MARKET, DEC. 10.—Were it not for
the attendance of the usual visitors, we should scarcely be
able to say that there was any market, so little was done
generally. To say no sales were effected would not be
correct ; and even to state that a few good parcels of low
wollens did not meet with purchasers, would not be true.
But, generally speaking, there were few transactions, and
those few at very poor prices. In short, we scarcely ever
knew it worse. A general gloom prevails, which has been
greatly aggravated by heavy failures in different parts of
the country. Wools are a shade lower.

We hear that the title of that gallant veteran, Sir John
Keane, the commander of the army of the Indus, is to be
Baron Keane, of Cappoquin, in the county of Waterford.
It may perhaps not be out of place here to say, that Sir John
Keane has not been recalled, as has been so often stated by
her Majesty's government. The facts, as we can recollect
them, are, that upon the resignation of Sir Henry Fane, Sir
Jasper Nichol, was appointed commander-in-chief in India.
Sir Jasper Nichol is, we believe, junior in rank to Sir John
Keane • and that circumstance, from military etiquette alonef
might have induced the hero of Ghuznee to have resigned
his command ; but the stronger reason is, that, having spent
more than five years in India, lie is naturally desirous of
returning to his home ; and it is with pleasure we hear, that
the triumph of this. gallant and generous soldier has given
the warmest satisfaction to his old comrades in arms, who
will receive him with a hearty welcome.—Observer.
" THE MEN or THE NORTH."-About a week before the
rising in Wales, a person fro-Ilia neighbouring town was in
Manchester, and in conversation' with a well-known agitator
from Scotland ; when the latter stated to the countryman,
that there would assuredly, in a very short time, be an in
surrection in Wales, of which Frost would be the leader ; that
he.(the Scotchman) would be in the neighbourhood of Car-
lisle at the time it broke out ; and, if the Welsh succeeded,
he, with " the men of the north," would make a like move-
ment, and rouse the whole country. There is not the least
reason to doubt, that the Welsh outbreak was only part of a
plan for bringing out the whole of the labouring population
to plunder and destroy, in the west, the north, and the central
districts of England, at the same time.