The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1847-04-20 00:00:00

STATE OF TRADE.

MANCHESTER..—The advance which took place yesterday on
the previously high rates of cotton, upon the arrival of the Hi-
bernia, has produced a most injurious effect on our market.
It has compelled producers to ask higher prices at a time when
it was even difficult to do a comparatively small amount of busi-
ness at the low prices already current. In general better prices
are now demanded, and some decline doing any business at all,
unless on terms somewhat more equivalent to the rise on the
raw material. On good 9-8 shirtings an advance of 3d. per
piece has in some cases been offered, but not in all cases ac-
cepted. The market, both for goods and-yarns, is in a most
unsettled, and to all parties most perplexing and unsatisfactory
state ; operations are, therefore, generally limited to absolute
wants. The events of the week have tended to strengthen the
resolutions of spinners and manufacturers to adhere rigidly to
short-time working, and decided many to close their mills forth-
with, and discharge their hands. We may, therefore, expect a
great amount of distress amongst our factory population. It is
impossible to contemplate the subject without the most serious
apprehensions. With provisions at their present prices, the
daily increasing complaints of want of trade among shopkeep-
erg, and the heavy pressure on mercantile men, th manufac-
turing districts are at present placed in the most unfavourable
position for alleviating the distress which is likely to become so
ssmotoeoecntkipin,ogrervto,aflent in these districts. We 'have just heard that a
tosinners
ons
iconsider
earn d
whether manufacturersthey
shouldt oo,ko
o n place
workingto-y
or three days a week or close their mills entirely 6 for the present.o
The meeting did not come to a c Tusgm on the subject, but
adjournedwais,Enos.
Th etrnettiisl
nWoegnaetusdreayolfi.e°x
importance
.to notice in the
neighbourhood this
state of the woollen trade of this town
f'sioncsechiefly
yst orfeprnori‘ti,dalet taSn'ede ki
0. w
Aqualities,
average amount o
hands
late prices. The manufacturing operatives ourcontinue to be
pretty well employed; and though trade cannot be said to be
hrisk,'it is far from being much depressed.
BRADFORD.—WOOI.—The recent advance in the rate of inte-
rest has tended to make business dull, as the spinners state
they were unable to make prime cost, with money at an easy
rate; but as the supply of Wool coming to market is only limi-
ted, it has prevented any further decline. Yarns.—The busi-
ness doing by the shipping houses is, we are glad to hear, con-
siderably increased, particularly in such numbers as are suited
for Russia. The demand for home consumption is also healthy,
but as the prices are not in any way improved so as to remune-
rate the spinner, the production is kept very small, and old
stocks fast declining. Piece.—The absence of any accounts of
Leipsic Fair, and the non-arrival of the Hibernia steamer from
America, have caused our market to be less animated than for
some weeks past; but as many extensive houses are engaged
making to order, stocks keep low, and prices without altera-
tion.

Hi DDERSFIELD.—We have to report but a slack market this
week, especially in the demand for the home trade. A fair
amount of business has been done by the houses engaged in the
foreign trade. We cannot noteany change in prices.
ROCHDALE.—We have had abetter attendance of buyers in
the market this week, but there is no decided improvement for
the better to report. There is another failure in the manufac-
turing line announced; the liabilities are variously stated as
varying from 812,000 to .418,01:10, a very small portion of which
is in Rochdale ; the principal creditors are at Huddersfield.
HALIFAX.—The piece trade remains in pretty much the
same dull condition as for some time past. The slight improve-
ment in yarn, noted last week, continues, and, in some cases,
accempaikied by an advance in price. The stocks of long wool
are becoming lighter, and it is probable more firmness would
have been manifested, as the growers refuse to part with it at
prices that would pay the stapler here, but the increasing tight-
ness of money leads all prudent parties to keep down stocks.
The transactions in short wool are not extensive, and the finer
qualities are rather easier to buy; but the lower qualities re-
main firm, as the supply is not abundant.
NOTTINGHAM, April 15.—The Lace Trade.—The sales this
week have been more satisfactory, and this market wears an
improving appearance. MN weather, and relief in the money
market would give an impetus to business here, independent of
the aid expected almost daily to arrive, in the shape of orders,
for the United States. All accounts agree that the trade there
has been so large as to clear off all stocks on hand, at good
prices, and lead to the anticipation that we are on the eve of an
excellent demand from thence. Yarns are firm, and not at all
over abundant.—Tho hosiery trade in nearly every branch is in
adull state. Many of the houses have considerable hopes of a
speedy revival.