The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1847-10-12 00:00:00

STATE OF TRADE,

MANCHESTER.—No further suspension of any ncte has oc-
curred in this town since Tuesday, with the exception of
Messrs. Geissler, Weber, and Co., a South American house.
Their liabilities are nct great, however. In Ashton, Messrs.
Southern, Brothers, spinners, have suspended payments. Se-
veral other names have been current during the week, but all
of them, we incline to think, without foundation. In Bradford
one firm has suspended payments in consequence of the failure
of Messrs. De Jerseys. Several mills have also been stopped
since Tuesday at Rochdale and Bolton, owing to the same cause.
In reference to the failure of Messrs. James, Nephew, and Co.,
we are glad to be able to announce that the firm has resumed
business._ A meeting of the creditors was held on Wednesday
last, the results of which were most satisfactory. Beyond the
fact that no important failures have taken place in Manchester
during the last few days, there is nothing to say regarding
trade. Little or nothing has occurred to dispel the general
gloom. Confidence is still at a low ebb, and consequently the
amount of business done is very small. The distress of the
factory operatives is greatly aggravated by the present stagna-
tion of business. The number of mills going short time is still
on the increase. In Bolton, eight mills are entirely closed, in
addition to the two which have been shut, owing to the failure
of Messrs. De Jerseys, and nearly all the rest are on half time.
In Ashton the operatives have resolved to turn out, rather than
accept the proposed reduction ; and in most of the neighbour-
ing towns, meetings have been held, at which it has been re-
solved to lend every assistance to the turn-outs.
BLACKBURN.—The state of the cotton trade of Blackburn
was never known to be so depressed as at present. The mills
belonging to nine firms have stopped working since October 1,
and ten have begun to work only three days per week. The
whole of the trades, excepting the stonemasons, are in a very
bad state, and the manufacturers and operatives scarcely know
how to act.

ROCHDALE FLANNEL MARKET.—We had not so many per-
sons in the flannel market this week as on the two previous
market days. There was, however, a good demand for strong
Yorkshire goods. Dyed flannels for Scotland were much in-
quired after, and many were sold. There was a full average
quantity of the fine and middle qualities of flannel sold. The
prices were the same as at last Monday's market. There has
been no alteration in the prices of wools since this day week.
A full average quantity was disposed of.
HUDDERSFIELD.—We have had a very quiet market this
week, nobody buying anything except for their immediate
wants. Stocks are low, and there does not seem to be more
goods making than.what are likely to be wanted. Prices con-
tinue much more.

HALIFAX.—Pieces: There was a complete stagnation in our
market on Saturday, partly owing to the tightness in the money
market, and to the late extensive failures. Confidence is
severely shaken, and manufacturers seem perplexed how to act
and whom to give credit to. Yarns are in the same languid
state, with very little demand: In Wool there is not much
business doing, and prices are kept down by the limited de-
mand.
LEEDS.—There is little to notice in the way of change in the
woollen trade since our last report The cloth markets on Sa-
turday were tolerably brisk for heavy winter goods of all
qualities, of which a full average quantity were taken out, but
on Tuesday there was considerable less business done. The
heavy failures which have lately taken place, and the high rate
and difficulty of procuring discounts, have the effect of induc-
ing the greatest caution on the part of the merchants, who
have purchased only for present need. Prices still continue
firm. Business has been pretty brisk in the warehouses since
this day week, the country drapers are the principal purchasers.
The foreign houses are dull.
BRADFORD MARKET.—WOOIS.—The accounts of additional
failures appear to have engrossed the attention of all parties, to
the almost total suspension of business in any kind of combing
wools; and during the week the sales have been very small, and
if any change in price, a shade in favour of the buyer. Yarns.
—We cannot hear of any improvement in this branch of the
trade, which for a long time past has been depressed. Pieces.
—During the week a shade more business has been done, but
to-day it has not been so active. Goods made from dyed yarns
are not so brisk ; but as those have been chiefly made to order,
and having been entered into with considerable caution, it is
not probable any loss from stock will accrue.
HOSIERY AND LACE Taw DES.—There is not at present any
very visible alteration in the cotton-stocking branches, if we
except that the cut-up departments have in some instances a
shade amended in the town, the hands having rather more em-
ployment; the same remark may be made as to the drawerand
pantaloon branches, some of the shops having a little more
work.—The cotton bobbin-net trade is still in a very dull
state, but certainly something better than it was in the spring
months; and, what is more surprising, and contrary to all ex-
pectation, is, that the larger factories are the most depressed,
and stop more machines in proportion than the small ones, the
single-handed machines evidently weathering the storm better
than the large establishments. Many of the machines making
good muslin laces, of good patterns, are yet in a somewhat
prosperous state, and we have little doubt that this will be :ome
an extensive manufacture. The black silk-net trade is in a to-
lerable state, but, as usual, an over production sets the lace
merchants upon the alert to reduce the prices.—The warp lace
trade is certainly a shade better.—Notlingham Journal.