The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1847-12-07 00:00:00

STATE OF TRADE.

MANCHESTER.—In our last report, we noticed the quieter
tone which was observable in this market on Monday and
Tuesday. This has continued during the middle of the week
and up to to-day, although some parties have experienced a
sensible improvement since yesterday forenoon, and find buy-
ers operating more freely than they did at the beginning of the
week. Upon the whole, however, this week has been a heavy
one, although no decided alteration can he quoted in prices.
Some of the country houses have shown a greater disposition to
give out orders, and. have entered into contracts extendit, over
the next few months. In yarns for the borne-trade, and for the
Mediterranean. business has been steady, but limited ; while,
in numbers suitable for India, the greatest depression prevails.
Some sales of 40-inch shirtings have been made this week at
prices lower than any quoted within the last few months. No
failures of any importance have taken place.

. .
LANCASIIIRE.—The trade in the cotton mills at Oldham,
Heywood, Bury, Rochdale, and vicinities, has a better appear-
ance. The hands in many of the mills have commenced work-
ing longer time, and it is sail others have had notice of more
work. There begins to be more confidence. yet there is a ge-
neral complaint amongst shopkeepers, drapers, and other
tradesmen, of the scarcity of money. The woollen-cloth trade
at Saddlevvorth' which has been dull for some time past, is im-
proving, and the reports from America are more favourable.
Operatives have more work than they had a month since. The
broad silk trade at Manchester and the neighbouring towns is
very dull.
LeEns.—Little, if any, change can be noticed in the state of
the woollen trade since our last report. But a very limited
amount of business continues to be transacted, nor is any end-
, den improvement anticipated. Upon the whole, the tone of
business has been slightly better this week than last, and the
foreign houses have purchased more goods. Happily we con-
tinue without any failures of large amount; and in the general
improvement of the trade of the country, which improvement
in time must and will come, there is no doubt the staple trade
of this town and neighbourhood will largely participate.
BaAnroßD.—There is nothing encouraging in theyiece mar-
ket this week. Low Moreens are the most active in demand,
anti the supply short. The arrival of the Caledonia has not
given any better tone to our market, nor is any decided im-
provement looked for till towards the end of the year. There
is, however, great caution exhibited in the manufacture, and
the new year will open with far less than an average stock of
goods. Wools and yarns are without alteration.
HIIDDERSFIELD.—There has been a very quiet market here
to-day, an unusual flatness even for this season of the year.
Prices are receding, stocks generally low.
HALIFAX.—There have been very few buyers attending our
market this day ; few goods have consequently changed hands,
and these at very low prices. Altogether the market has been
a very dull one. Yarns still continue in the same depressed
state, and unless spinners would take considerably less than
the yarn cost them, they cannot do much business. Wool con-
tinues much the same as usual, and only a small amount of
business doing, owing to the limited demand.
ROCHDALE FLANNEL MARKET.—We had rather more buy-
ers in the market this week than on the two previous Mondays.
Middling qualities, dyed goods, and strong, Yorkshire flannels
have had moderate sale. The finest flannels and low goods have
been rather dull. The prices of flannel goods generally, that
have been sold for ready money, have been rather lower thou
on this day week. Some of the largest Yranufacturers refused
to sell at the reduced prices. There has been rather more doing
in the wool market to-day. Brokes and skins were scarce.
Prices are much the same as our last report. The hands in
the woollen mills generally, have full employment, but hand-
loom operatives are short of work.
HOSIERY AND LACII TRADES.—The condition of the cotton
hosiery, whether wrought or cut, is by no means amended, and
extensive distress among the operatives seems generally to pre-
ivsa
ii
n 1 . a Tmhoes
tgldoevperter
stedl e ,
state,both ceostpteco
aal
lnytit
hsei llka,t
tweer—l
ee nwtotrok
ms aeyn,
in some parts of the town, to use the words of our informant,
" being starving."—The drawer branches are also bad, but we
amdnoi
ddnsiotitcoetfhti.rnaokametshu,ectyhhgehlaop:re: declined since our last. The cotton
bobbin net trade is still in a gloomy state, and the machine
owners are attempting to get
roei
of which
olict.thi earfir
eonctdco utmphaaatkti ocanytste.:lptntastnliidoe
hsuelcdh
yl iekset
earrdt cyl e(s;
make new manufactures:cwair:eaalyet going on, both in the hosiery
terests and the prospects of the tigcllT.witowa(
o e sfhrironmasters was
THE IRON TRADR.—A 'meet' fn\V l •
ofthat,cussing the
finally agreed,
pr
prices,
it became
prese present
indispensable depressed s ttaot er
reduce
•lea tdhe.is
trueres greatlyultthat,
whtion baeflea,t,nne:oi lamented
tdhcel expriecceaot
—rid2‘a':l)l,i'flo9.rhathmeujig"rn 1.
rate of wages.
Tbf bar-iron—
theheigsfuoiisrtmea in which Welsh iron is generally delivered—has de-
clined from ten guineas to 7 15s. per ton ; but it is not the
7 15s.pertotno
less true that, attbe former excessively high `price, enormous
profithets
miningw
stillere orp
afforde2erliazt eiavdnt without
r reducednasli tyi p oi)
rnocp priceaolriti aoolif'tao-tlt he great iron-
advantagegood reasons to believe, from calculations of our own, made in
Merthyr Tydvil, some years since, and on data furnished from
personal inspection of hooks and returns, liberally opened to
us by the proprietors of one of the largest iron-works in the
district, that bar-iron can be readily produced now, not with-
out some profit, at .e 6 per ton, as then, with much lower
wages, it could be made at 5, or little more. Several large
works there can readily furnish from 20,000 to 30,000 tons per
year. The return profits may thus be readily estimated ap-
proximately. We repeat our regret, therefore, that a present
decrease of too large profits should be visited so hastily upon
the operatives—supposing the determination of the meeting of
masters such as reported— seeing that the operatives could
have had no proportionate share in the advantages derived
from the before very high rate of profits which fell to the Inas-
ters.—.llining Journal.