The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1839-02-19 00:00:00

STATE OF TRADE.

COTTON TRADE.—MANCHESTER, FRIDAY EVENING.—
We have had more looking after cloth, and a greater dispo-
sition to do business in grey cloth this week ; but prices, if
at all altered, are a shade lower ; but this is not the case with
all descriptions, and may be said to apply only to power-
loom productions. Hand-loom goods are steady in value,
and stocks still very low. Twist as dull as ever for export ;
warps and weft for home use in fair demand, and unvaried in
value.
THE WOOLLEN TRADE—LEEDS, TUESDAY.—The high
rate of coarse wool has a manifest tendency to prevent any
purchases of low plains, except for immediate want, and this
branch may be called very dull in consequence. In the finer
cloths there is much the same doing, that is, little, as for
many weeks past, either for the home or foreign markets.
The late arrivals from America have not brought the antici-
pated orders from that quarter, and on the whole we call the
trade by no means in a, satisfactory state.
HUDDERSFIELD, TUESDAY.—OD the whole this was
dull market, especially for plain cloths. The principal de-
mand was for light fancy woollens, such as doeskins and
tweeds, which were bought freely at good prices. Light fancy
goods, in waistcoatings, &c., were also in demand. Wools
are rather heavy of sale, an erroneous opinion being enter-
tained that they are about to fall. The warehouses are still
doing an average trade, but upon the whole there is less doing
than for weeks past. Stocks are very low.
HALIFAX, SATURDAY.—There is less activity in the mar-
ket this week, but the cause of which is rather difficult to ex-
plain. The merchants certainly made inquiries, but which
led generally to little or no business : prices, however, as last
reerted. The wool trade is firm at last currency.
BRADFORD, THURSDAY.—There has been business done
to a fair extent this week, though at rates exceedingly un-
satisfactory to the manufacturers. The cause chiefly arises
from the high price of yarns which spinners command from
the steady export demand. The piece trade has now for a
long time past been decidedly the worst branch of our busi-
ness, and from all appearance, likely to continue so.—Yarns :
In this branch the demand continues very uniform, and with-
out any variation in value.—Wool The staplers are at last
obliged to give way, and spinners have thus a double advan-
tage. Stocks, too, are on the increase.
BLACKBURN.—The market is so heavy and inactive, both
in yarn and cloth ; and whatever may be either said or done
by the speculator, neither the one nor the other can be brought
to a par with the unnatural price in the cotton market.—
Blackburn Standard.

GREAT NORTH BRITISH RAILWAY.-A prospectus of the
Great North British Railway, between Edinburgh and New-
castle-upon-Tyne; by way of Berwick-upon-Tweed, has just
made its appearance. The subject of a railway communica-
tion from Newcastle to Edinburgh has for some time occu-
pied the attention of many influential gentlemen in the north
of England and in Scotland, and preliminary meetings for
the purpose of taking steps to promote this object were held
during the past year. At a meeting which took place at
Newcastle on the 21st of August, it was decided to request
George Stephenson, Esq. to make an inspection of the
country between that town and Edinburgh, with a view of
considering and reporting his opinion on the best line of
railway from Newcastle to Edinburgh. After noticing the
comparative eligibility of all the several lines which had been
proposed between those' places, Mr. Stephenson strongly
recommended the line by the east coast, with respect to
which he observes in his report, " I may say, that, in the
whole course of my experience, I never examined a country
for a line of railway, of the length this will be, where the
works to be executed were of an easier description, or the
levels and inclinations of a more favourable character." The
committee at once adopted the line proposed by Mr. Ste-
phenson, and it is intended to raise a capital of £2,000,000,
m shares of £5O each. Annexed to the detailed prospectus
and reports, is a table of traffic, (prepared on the usual prin-
ciple of doubling the present traffic,) which shows a profit of
nearly 11 per cent, on the capital.