The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-01-04 00:00:00

DUBLIN CATTLE MARKET, DEC. 30

We had a small supply of every description of stock in mar-
ket, and very few Cattle or Sheep of prime quality. Those in
rood condition were readily sold, and realized high prices ;
inferior were in fair demand, without any alteration in price
since last week.

LIVERPOOL HAY AND POTATOE MARKET,
JANUARY 1, 1847.
s. d. s. d.
Hay. old, 20th 0 7@ 0 9i Potatoes, 70 9011
New
Clover - 0 74 Pink Eyes.... 5 3
Grass 0 0— 0 0 Cups
Straw, Wheat .. 0 3 0 4 Cattle 1 6
Oat 0 3 0 3i Mangilewurzel .. 0 0
Barley
Carrots..

s. d. s. d

STATE OF TRADE

5 6
5 6
4 10
1 8
0 0
21 0
6 6

MANCHESTER. - The year closed on Fridaywith a quiet
market. We cannot report much change since Tuesday ; if
anything, rather more business has been transacted, and prices
are slightly firmer for both cloth and yarn, the latter perhaps
more particularly. The continued rise in the cotton market,
leads to the very natural expectation that an equivalent rise in
manufactures must very shortly take place, and those parties
who have orders which will not admit of much delay, or are
inclined to operate for stock, begin to show some little desire
to avail themselves of the present rates, before higher prices
are asked, which it is evident will be the case, should either the
cotton market continue to rise—of which there is some proba-
bility—or the present inactivity here at all disappear. There
seems to be a pretty cheerful and just feeling, that the advent
of the new year will be marked by a more favourable state of
things; but those who expect that it will bring forth an imme-
diate revival, we are sure, are only buoying themselves up with
hopes which will not be realized to the extent of their expecta-
tions.

BLACKBURN.—Some of the mills have this week commenced
working longer hours, than they have been running for some

time past. Messrs. W. H. Hoinby and Co.'s extensive mills
are now working the full ten hours' time.
BRADFORD.—WOOI: There is nothing new since our last; all
is as dull as it can possibly be ; the purchases are very limited,
without change in prices.—Yarns : The year will close with the
worst trade which is remembered by the oldest engaged in the
business. The great disproportion which has so long existed
between the price of the raw material and yarns has caused
very great diminution in the quantity produced, and perhaps
at no period for many years has the market been so thoroughly
cleaned of job yarns, which have been sold at great sacrifices.
The lowness of stock is favourable to the prospects of the
opening year; but without a great improvement in the price of
yarns, the production will continue extremely small.—Pieces :
This is what formerly was called " no market," and the franc-
actions of to-day, and throughout the week, almost warrant
this description; it has been a very general holiday, and many
mills have shut up for the whole week, so that the quantity
making has been as small as the demand.

LEEliS.—Considering that the woollen markets at Christmas
are never very brisk, the dullness which has prevailed both at
the cloth halls and in the warehouses this week has not been
more than we looked for. Some of the shipping houses are
preparing for the spring trade t and though there are no de-
cided features of improvement in the woollen cloth trade gene-
rally, there is ground for expecting a brisker demand for goods
after the lapse of a month or six weeks.
LEICESTER.—Being Christmas holidays, and the hosiers here
and the wholesale houses, both in London and Manchester,
being engaged in their annual stock-taking, there has been
nothing doing.

NOTTINGHAM.—Lace: We have no great alteration to notice
in our report of the state of trade this week—nor can it rea-
sonably be expected that such should be the case, at this season
of the year. What alteration, however, we have to notice, we
are happy to say is for the better. Hosiery : In consequence
of the usual holidays of the season, all business transactions in
our market, during the past week, have been upon a very limi-
ted scale. We hear, however, that great anticipations are
formed, on all sides, that the new year will open with an im-
proved trade in all branches.
THE IRON TRADE.—We regret to state that our intelligence
from the iron district is in the highest degree unsatisfactory.
Pig-iron. which was sold last quarter for 44 155., is now being
offered at 43 10s. per ton ; and it is &enerally understood that
at the ensuing quarter day a reduction of 42 per ton will be
declared. As we have already announced, various meetings of
iron and coal masters have been held, at which a very consi-
derable reduction of the working men's wages was resolved
upon, and notice given to the various works to that effect.
The men employed at Banks' Iron Works, near Bilston, have
refused to accede to the reduction, and have turned out. The
other notices have not yet expired, but there is reason to be-
lieve that the men, in various parts of the district, will submit
to the unhappy circumstances which the iron masters have
sought to defer as long as possible. We are also sorry to state,
that some compositions in the trade have taken place. Last
evening (Wednesday), a numerous meeting of the creditors of
Sharp, Brown, Burgess, and Morris, engaged in the iron and
wire trade, was held in this town. It appeared from the ba-
lance sheet that the bankrupt's debts amounted to 431,000, of
which .48,000 is due to the Halifax Bank, for which, however,
they hold security to the extent of 43,000, their claim being
thus reduced to 45,000. The amount due to Bradley and Co.
is 47,500 ; the residue stands divided amongst a large number
of creditors. The assets were stated at 415,000, and a compo-
sition of 9s. in the pound, to be paid by four instalments of
three, six, nine, and twelve months, was offered.—Birmingham
Advertiser.