The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1847-10-05 00:00:00

STATE OF TRADE.

MANCH ESTER.—A more gloomy and harassing business week
than the present, has never before been witnessed. The great,
but brief panic, of 1825, is said not to have equalled it. Failures,
and rumours of failures, have incessantly prevailed, and confi-
dence, for the present, is utterly prostrated. Since our last, the
failures which have occurred in London, Glasgow, and Liver-
pool, have scarcely been to a less extent, or attended with less
peril to the general commercial body, than those which have
preceded them, whilst here the names of Messrs. Birley. Corrie
and Co., Messrs. Render and Milner, Mr. Edward Potter, and
others, have been added to the list. The first-named house,
being a shipping concern to India, has been embarrassed by the
failure of Messrs. Reid, Irving, and Co. They will, of course,
owe a considerable amount. The two latter were yarn agents
and dealers, and have been brought down by the failure of Mr.
James Guest. Their assets will, no doubt, be to a fair amount,
more especially as regards the latter concern, which owes about
.*'16,000 ; the debts of the former will be very much larger.
Business is almost suspended in the shipping markets, and
prices are nominal, for both cloth and yarn. The country
houses are doing a fair, and seemingly safe business.
ROCHDALE FLANNEL MARKET--The weather was extremely
fine on Monday, and we had a larger attendance of buyers from
Scotland and Yorkshire in the market than for the last twelve
months past. The demand for some sorts of flannel goods has
been greater than the supply, and in some instances rather
better prices have been obtained. Dyed flannels and strong
goods sold at prices of last week. The flannel trade appears
brisker than for some time past, and during the last fortnight
an extraordinary quantity of all descriptions of goods have
been sold before they reached the market. The wool market
was moderately brisk, and a deal of business has been done at
much the same prices as last week.
HUDDERSFIELD.—There has been a very quiet market here
this week for the season, and little business done, although
some descriptions of new and desirable goods have been sought
after, and found a ready sale. Prices are without any altera-
tion, and stocks generally low.
HATA FAX.—The piece trade is still in a very dull and unset-
tled state, and there is a very small amount of business doing
at our market this day, and very few buyers attending. Yarns
continue in the same dull state, and spinners cannot sell to any
extent without giving way. Wool is much the same as it has
been for some time hack, and very little business doing.
LEEDS.—We cannot note any particular change in the state
of the woollen trade this week. If any thing,there has been more
business done, both at the warehouses and in the public mar-
kets, than for the last three or four weeks. The finer winter
goods have been in chief request, and that for the home trade.
Foreign houses are rather slack. Prices remain as for some
time past.
BRADFORD MARKET.—Wool.—There is nothing new since
our last. All appear to be acting with the greatest caution ;
and owing to the high prices sought in the country, stocks con-
tinue small, vet they are fully equal to the demand. No change
in prices. soils and Brokes continue scarce, arising from the
limited quantity now making. YARNS.—The demand for
Yarns is unaltered, and the stocks on hand are very slight,
without there being any disposition to spin, except to actual
order. The prices current are ruinous. PI ECES.—Runiours
are again current of more failures—some Scotch houses are re-
ferred—have had an unfavourable effect upon the market, and
the business done this week is far short of {the average during
some weeks past. Checks are hardly so brisk to-day ; in short,
it has been dull of all kinds of goods.