The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1843-05-30 00:00:00

STATE OF TRADE.

MANCRESTER.—The market this week has been very calm.
Prices have suffered no declension, and the reason that a
smaller amount of business has been transacted during the
week is the anticipation, from the large arrivals of cotton,
that a speady fall in the price of the raw material will take
place. In this condition the market presents no feature
calling for any remarks on our part. For the prices we refer
to our previous quotations.—Manchester Advertiser, of
Saturday.

BOLTON.—The prospects of trade in this town have be-
come rather less alluring during the last fortnight than they
have been for a short time past. Counterpanes have not
materially changed in demand. Fancy goods, muslins, &c.,
have received a slight check. Power-loom cloths have been
much less in demand, and cotton yarns equally less. The
mills continue working full time, and the stocks are as yet
very low. Brass and iron foundries are equally brisk with
what they have been during the late improved state of the
trade. Bleach works are not quite so throng of work as
they have been of late. During the short time the improved
state of trade has continued, the condition of the people has
strikingly improved.—lbid.
BLACKBORN.—For 30's, 32's, and 31's jacconets there
continues a very brisk demand, but heavy cambrics, com-
monly called domestics, are rather dull. Fine and fancy
goods have a moderate sale at remunerating prices. Stocks
are very low, and weavers of some descriptions of work
receive an extra price for their labour if taken to the ware-
house in a given time. Yarns still remain firm, and some
sorts are a shade higher; but buyers and sellers are very
cautious in their dealings. Hand-loom weavers continue to
be better employed, and as weaving continues to be very
brisk, manufacturers can scarcely get hands to meet their
demands. Power-loom weaving is about in the same state
as we noticed a fortnight ago. Weavers, at several establish-
ments, have given notice for an advance in wages ; other
factory operations have full employment; but masons, joiners,
and house-builders have not full work. Block printing con-
tinues brisk.—lbid.

TRADE OF LEEDS.—There is scarcely the same amount of
briskness in the woollen trade of Leeds and the neighbour-
hood as there was a few weeks back ; but the manufacturers
who recently commenced working full time have not relapsed
into shortened hours. As stocks of goods are low, alid as
little has yet been done for the autumn trade, we have reason
to hope that our markets will speedily improve.—Leeds
In-
telligencer, of Saturday.

HUDDERSFIELD.—ScarceIy an average amount of business
has been done in the fancy goods trade here this week, the
demand on Tuesday being less than that of the two or three
preceding market days. Prices, however, remain steady.—
Ibid.

HALIFAX.—The business done in the Piece Hall, on Sa-
turday, was about equal to that of the preceeding week. Long
and short noils are still in good demand, but long wools are
not so much sought after. The demand for yarn is steady.
—lbid.

BRADFORD.— The market was well attended both by buy-
ers and sellers on Thursday, and a large amount of business
was transacted. The prices are firm for plain as well as for
fancy goods. There has been an average demand for yarn,
but no advance in price. There is a good business doing in
the wool trade more particularly in the combining sorts.
Short wools and noils meet ready sale at advanced prices.—
Ibid.

WAKEFIELD WOOL MARKET.—There continnes to be a

steady demand for all kinds of combining wools, at last quo-
tation. Blanket wools are more enquired for, and some sales
have been made at the full rates lately held out for.—lbid.

LEICESTER.—The glove branch, so important to Leicester,
is extremely dull : many of the hands are wholly unemployed,
and the great body but partially. The Lisle thread season
appears to have ended sooner than usual : the weather,
hitherto, has been cold, which, it is conceived, is the cause
of the early falling off, as it has been observed that a warm
spring prolongs the season for these light articles, whilst
cold has the same effect on the woollen glove trade. Hopes,
however, are entertained that this depression will not last.
The cut-hose branch is a shade better. The fancy hosiery
trade keeps improving, and, in all probability, in a few weeks,
will employ a considerable additional number of hands. The
worsted spinning trade is expected to be affected, in some in-
stances, by the stoppage of the bank of Messrs. Phillips and
Co. : but, where this is not the case, the millowners are
doing a fair amount of business. The fancy sock branch still
keeps in a very depressed state.—Nottingham Journal, of
Friday.
HOSIERY AND LACE TRADES.—The wrought cotton hose
branch may now be said to be in rather a flourishing state,
the hands, especially in Arnold and the villages in the east of
the county, being fully employed. There is a singularity in
this demand, which is principally for hose under .10-gauge,
above that quality being extremely dull, though it is the
most profitable manufacture, very few hose are made in this
district under 30-gauge. Some few years since the demand
for fine cotton hose was such, that 70-gauge were made, and
found a market at twenty shillings a pair. There is a peculiar
circumstance connected with cotton hosiery, which is, that,
though the price of cotton yarn varies in a progressive ratio
as to number of hands to the pound, yet the difference of
the value of the material between the finest and the coarsest
cotton hose is not great; the increased value consisting in
labour and profit. The silk hosiery trade is still languishing,
and is gradually, though sensibly, diminishing. The French
bounty system has nearly annihilated all the export trade,
and very few but gossamer hose are now made, great quan-
tities having cotton tops and feet. These, too, are prohibited
in France and Spain, and in all their colonies. There is
something of a revival in the plain bobbin-net trade, which
is sensibly felt in some of the factories.—lbid.
ROCHDALE FLANNEL MARKET, MONDAY MAY 22.
There has been another good market : the merchants have
bought freely, but the manufacturer cannot yet obtain an
advance in price. There has also been a better feeling in the
wool market ; though there is no decided change in price, yet
the prevailing opinion is, that the raw material will pro-
gressively advance i❑ value.

TRADE OF KIDDERMINSTER.—A decided improvement
has taken place in the carpet trade of Kidderminster. A
gradual revival of trade i❑ that town has been observed for
the last month or six weeks, and many firms now are in full
work, and a great deal of bustle and activity prevails through-
out the town generally.—lVorcesier Journal.
BANK OF ENGLAND.—The following notice was posted at
the Bank of England on Thursday :
" The Governor and Company of the Bank of England are
ready, until further notice, to receive applications for loans
upon the deposit of approved hills of exchange not having
more than six months to run, Exchequer Bills, and East
India Bonds ; such loans to be repaid on or before the 18th
of July next, with interest, at the rate of 3 per centurn per
annum, and to be for sums of not less than £2,000 each.
" Bank of England, May 25, 1843."
The rate declared in this is precisely the same as on the
last occasion, and the notice will have no effect o❑ the money-
market, as money can be readily obtained for less than two
per cent. Indeed, within the last two or three days, before
which period money was getting a little into demand, there
has been so great an abundance, that all sorts of conjectures
have been set on foot in order to account for it, the most
current rumour being, that the Bank of England has lent
largely upon Consols, though upon inquiry it turns out that
this rumour has no other foundation than in the fact that the
transfers of the stock in question have been made into the
names of the Bank brokers.

TRANSPORTED CONVICTS.—An important act was passed
on the 3rd ult., respecting transported convicts, with the
view of amending the law relating to " tickets of leave." By
the statute 2 and 3 William IV., c. 62, a period was defi-
nitely fixed before the governors of the respective colonies
could grant " tickets of leave" to the numerous convicts.
In transportation for seven years, four years of service was
required before a " ticket of leave" could be granted ; if
transported for fourteen years. a period of six years; and
eight years on a sentence of transportation for life. The
present act repeals the former law respecting tickets of leave,
and declares by the second section, that the governors shall,
from time to time, recommend such felons as they shall
think fit to be recommended for au absolute or conditional
pardon. Persons who hold tickets of leave can, under the
act, possess personal property, as well as bring actions, not-
withstanding a conviction. The property so acquired, on
the ticket of leave being revoked, to vest in the crown, and
to be disposed of at the discretion of the governors of the
colonies. The operation of the act is provided for by the
fifth section :—" And be it enacted, that this act shall be
proclaimed by the governor or lieutenant-governor of every
place to which felons and offenders have been, or now may
be, transported by law, within six weeks after a copy of it
shall have been received by him and shall take effect in
every such place from the day of the proclamation thereof;
and in case ber Majesty shall be pleased, with the advice of
her Privy Council, to appoint any new place or places beyond
the seas to which felons and other offenders under sentence
or order of transportation may he conveyed, this set shall
take etrct.lt In etrr.l. finch fi'citti the titne of ittch or
reluttltnt!"