The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1847-11-02 00:00:00

STATE OF TRADE

MANCIIESTER.—There is no improvement of the sliglitest
importance to notice in our market since Tuesday. More in-
quiry for some descriptions of goods and yarns took place on
Wednesday, and Friday; and a few sales were effected at
ruinously low prices for cash ; but there is still manifest the
strongest disinclination on the part of purchasers to increase
their-liabilities. lii proof of the monetary pressure, and of the
sacrifices which some parties are willing to submit to in order
to realize, sales both of goods and yarns have taken place this
week at rates as low as those of 1841 and 1842, when the raw
Material was considerably below the present price. . The
relaxation- of the Bank Charter Act, which- seems to have
inspired many people with so much hope and satisfaction, has
produced little or no 'amelioration iu the tone of connnercial
feeling in Manchester. There is no visible improvement in ge-
nerat confidence here; indeed, it may be safely said that prices
are even lower than they wit., last week, ncr is the mr.rket in
any way better.- Increased discounts have also been submitted
to by parties desirous of anticipating the settlement of accounts
!liie to ti:eni,

LEEDS.—There is some satisfaction in being able to announce
that this town and neighbourhood, though suffering from the
general depression of trade throughout the country, is as yet
free from any heavy failures, except one which was announced
a few weeks ago. Very little business has been done this week.'
either in the public markets or the warehouses. The merchants .
continue only to purchase for present need, and in the most
sparing degree. The principal articles continue to be beavers
and heavy winter goods, for the home market ; goods of low
qualities for the export trade are scarcely saleable, and in this
case prices are nominal.
BRADFORD.—WOOL—Since our last report the business do.
ing is very limited, all fearing to enter into fresh engagements
during the present monetary crisis. Prices of English Wool
have been well supported during the last two months, which
owes its origin to the bare supply in the market, and the im-
possibility of obtaining a fresh stock to offer on more advanta-
geous terms. The sales now progressing of CcdOnial Wools, at
the Hall of Commerce, are not so well attended as usual or the
biddings so animated. Prices are generally lower. Yarns.—
There is no improvement in this branch of the trade, which is
evident by the unprecedented curtailment of production.—
Pieces.—Thursday being the last market day in the month, the
merchants attending were not so numerous, nor the amount of
business done considerable. Yarn dyed goods are not so eagerly.
sought after, while Orleans, Cobonrs, &c. remain without
change in value.
HUDDERSFIELD.—We have had another very dull market•
this week, and few buyers. Prices have partaken of the general
depression of the times, although stocks generally are limited.
HALIFAX.—Our market is still nearly at a stand, with little
or no business doing; the manufacturers are making consider-
ably less goods, and several spinners have commenced to run
their mills only four days a week. Yarns are in the samelanguid
state they have been in for some time back. Wools.—Very lit-
tle business doing, owing to the limited demand.
ROCH DALE FLANNEL MARKET.—There has been but a slen-
der attendance in the flannel market this week, and yet there
was a moderate amount of business transacted in middle and
low qualities of goods. Dyed flannels and strong Yorkshire
goods much the same as our last report. The prices of all sorts
generally were much the same as on the two previous Mondays.
The late failures in the cotton trade have certainly had a little
effect in this market, and manufacturers seem to be very cau-
tions how they part with goods.—The wool market was rather
dull, and in some instances foreign wool and low qualities were -
a shade lower in prices.—Brokes and skins remain scarce, and;
prices firm.

Hos iERY AND LACE TRADES.—The cotton stocking trade is
no better, and some of the manufacturers contemplate giving
up business for want of profit. We are greived we cannot re-
port any amendment in the silk hosiery trade, especially in the
silk glove manufacture, which, as well as knotted hose,- seems
further on the decline. The " Flirt," as it is termed in the
cotton bobbin lace trade, seems to have again considerably
subsided. The silk trade, upon the whole, is rather increasing,
as most elegant articles are made of that material. The muslin
laces likewise ore a shade extending—Nottingham Journal.
THE IRON TRADE.—The iron trade still remains firm, and'
• all the works are in active and vigorous operation. Several
sales of pig iron have been effected at a shade lower, but re-
spectable makers will not deviate, as there is no actual neces-
sity for it. The failure of Messrs. H. Grazebrook and Co.,
iron merchants, Liverpool, will affect several small houses who
were not prepared for the serious losses they will incur; but
beyond this no harm will be done. The suspension of the
Bank Charter Act has revived, the hopes and increased the
confidence of all parties.—Birmingham Advertiser.