The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1839-07-26 00:00:00

STATE OF TRADE.

MANCHESTER.—There was a decidedly better demand for
yarn yesterday than during the preceding week, and in some
few cases, we believe, a slight advance was obtained ; but the
bulk of the business done was at the rates of the preceding
Tuesday, whilst the advance of about id. in the price of cot-
ton at Liverpool places the. spinner in a worse situation than
before. The demand for goods, and especially for printing
cloth, was also a little better than last week ; but, we believe,
the manufacturers could not obtainiany advance on previous
prices, and we do not hear that any of them have resumed
full time. It will be seen from our report of the Liverpool
cotton market, that there has been a rather considerable
business done since Friday last ; and we understand that the
holders generally have shown some unwillingness to sell, ex-
cept at an advance of price which nobody is disposed to give
at the present time. This change in the feeling of the mar-
ket seems to have arisen from the accounts of an increased
firmness in the New York market, brought by the Liverpool ;
but, as that firmness was caused by the favourable accounts
carried out by the steamer on her last voyage, and which
everybody here knows to be utterly fallacious, the improve-
ment seems to rest on a very slender foundation. If we
consider the facts connected with the present stock and pro-
bable consumption of cotton, they certainly do not seem to
warrant an advance in prices ; but rather the contrary, even
if all the mills should commence full time to-morrow. The
stock of American cotton in the port of Liverpool, on Satur-
day last, was no less than 482,850 bales ; and if the trade
were to take out, from this date to the end of the year, a
quantity equal to that taken last year, namely, about 18,000
bales (American) per week, which is not very likely to hap-
pen, the present stock, without importing a single bale,
would supply that quantity, and leave a surplus of 68,850
bales, in addition to the whole quantity to be imported from
this date to the end of the year, and which is not likely to be
much less than 200,000 bales. It is tolerably clear, that, at
the conclusion of the year, the stock of American cotton
must of necessity be considerably larger than at the same
period for several years past ; and therefore, to say nothing
of existing pecuniary difficulties, it is difficult to understand
the causes of the recent advance in the Liverpool market.—
Manchester Guardian.

ROCHDALE FLANNEL MARKET, MONDAY, JULY 22.—
There has been a fair average demand for flannels to-day,
but no change in the prices. The wool market has been dull,
and prices have been stationary.—Thid.
H UDDERSFIELD FLANNEL MARKET, JULY 23.—The
same dulness pervaded this market to day which has been
noticed for several weeks past ; but it is satisfactory to know,
that orders are sufficiently extensive to keep the operatives
generally employed, and that prices remain firm. Considera-
ble sales have been made in wools, which indicates a better
prospect. The principal goods in demand are low heavy
woollens for exportation. The light fancy trade is very good,
especially in best qualities. A little more activity is ob-
servable in the warehouses.—lbid.
BLAcicutiaN.—For some fabrics of power-loom goods
there has been more inquiry during the last few days, and
business to some extent might have been transacted at the
low prices obtaining before the recent advances in the cotton
market. Without the prevailing opinion, however, that cot-
ton must soon recede in price, but little can be done at any
improvement, either in yarn or cloth.—Blackburn Standard.

PRESTON.—In accordance with the arrangement to which
we alluded in our last, all the factories have this week been
working short time. Trade is exceedingly dull, and com-
plaints are heard in every quarter. As regards the mill hands
generally, the state of the times is severely felt, many of them
being in a most distressed condition. We sincerely hope,
that ere long there may be a revival of trade, especially as
respects the staple commodity of this populous part of the
kingdom.—Preston Chronicle.

In the Jury Court of Edinburgh, on Monday week, Sir
David and Lady Milne obtained a verdict of Xl,OOO damages
against Mr. George Hume, of that city, for libels on her
ladyship, contained in a book called " Memoirs of an Aris-
tocrat," published by Messrs. Bell and Bradfute. The
latter gentleman gave an ample apology, but the other de-
fendant refused to follow that course.

AMERICAN INDEPENDENCE.—I had a good specimen of
democracy curing my stay in this city (Cincinnati). I sent
for a tailor to take my measure for a coat, and he returned
for answer, that such .a proceeding was not republican, and
that I must go to •iim.—Captain Marryat.