The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1847-09-28 00:00:00

STATE OF TRADE.

MANCHESTER.—Rather more inquiry has taken place for
some descriptions of goods since Tuesday, but little or no in-
crease of actual business can be reported. Although in some
few instances buyers may have had a slight advantage, prices
upon the whole are not materially altered. Rather more busi-
ness has been done this week in heavy domestics. In printing
cloths prices have been barely supported. In shirtings the de-
pression continues unabated. Yarns have been extremely lan-
guid, and lower prices have been submitted to in almost every
transaction that has taken place in this article. General credit
remains perfectly firm and unshaken here. For a long time
past the utmost caution has been exercised by the large houses,
and they are now feeling the good effect of their foresight in
being exempt from those suspicions of stability which are so
rife regarding extensive concerns in other places. Nowhere
has there been greater prudence exercised than by the mer-
cantile firms of Manchester, during the last twelve months.
Although a good deal of gloom pervaded the market on Tues-
day last, in consequence of the failure of Messrs. Burt; Wat-
son, and Co., a more cheerful feeling has since prevailed. The
decline in the raw material, in conjunction with the moderate
price of food, naturally lead producers to expect, ere long, a
revival of the trade of the district—when the condition of both
employers and employed will be materially improved. Mean-
while, the most marked resistance is made to any proposition
for a reduction of wages, the operatives preferring a cessation
of employment for a few weeks to any iminution whatever in
the present rate of their earnings—those in employment show-
ing a strong disposition to succour such of their fellow-work-
men as turn out to resist a reduction of wages.
LEEDS.—The failures which have occurred in London and
elsewhere—including the firm of Burt, Watson, and Burt,
Leeds—with the general tightness of the money market, have
had, as may naturally be expected, a prejudicial effect upon the
state of the woollen trade here; yet a fair amount of business
continues to be done, and prices are without much alteration.
The country drapers have been making good purchases of
winter goods, but the large London buyers buy buts paringly.
Much caution is manifested by manufacturers, as well as mer-
chants, and stocks are not larger than usual at this period of
the year.
BRADFORD.—WooI: There is not any indications of im-
provement for any kinds of combing wools; but as no great
increase of stock comes to market, prices are maintained.
Noils and Brokes keep in good request for the blanket and
flannel trade, and full prices realized. Yarns : The late exten-
sive failures in the metropolis and provinces have certainly
had the effect of damping the spirits both of the consumers
and export buyers ; but as confidence is beginning to be re-
stored, we have had more inquiries, and some of the shipping
houses are doing more. But prices are yet very low. There
is a good demand for all kinds of coloured yarns for chequed
goods, which has been more active than was expected. This
has been owing to the manufacturers, fearing to be left with a
stock, having only made to actual order. Piece*: The demand
for plain goods is also improved, and the stocks on hand,
which are only limited, are on the decline, and as far we can
learn, it is more than probable that September will close with
far less stock in the manufacturers' hands than has been the
case for many years.
ROCHDALE FLANNEL MARKET.—The flannel market this
week was not quite so well attended, and yet manufacturers
asked rather higher prices for some particular descriptions of
finished goods. Dyed flannels remain in good request. Within
the last three or four clays, a large number of all sorts of flan-
nels have been so'd, and, on the whole, prices are rather
higher. There has been a full average quantity of foreign
wool disposed of at somewhat improved prices.
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acitranevtghmie had a very quiet market this
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the accumulation of stocks.
buyers in the market to-day, and we have to report but a small
amount of business,
week. The same remarks apply to yarns and wool.