The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1851-07-08 00:00:00

STATE OF TRADE

MANCHESTER.—There has again been less activity in the
market this week, and though a degree of steadiness continues
to be the prevailing characteristic, buyers have been able to
operate on better terms, and more especially the foreign
houses. The continued downward course of the Liverpool cot-
ton market has occasioned a certain degree of hesitation upon
the part of the buyers for export, and this, hacked by the im-
provable character of the India news, induces both spinners
and manufacturers to abate somewhat of the determination
they evinced, not to accept any offers at reduced prices. At
the commencement of the week much greater difficulty was ex-
perienced in obtaining concessions than since then. Yarns for
home manufacture, both cop and warps, still show considerable
steadiness, though extreme prices are hardly so firmly held tor.
Bundled yarns have been in less demand both for India and
the continent, and may now be quoted about 4(1. below the
highest point. There is, however, no symptom of any pressure
to sell, the market being entirely free of stocks, and many
spinners still working to order; but as contracts are running
out, an advantage can be obtained by buyers. The inquiry for
India has been very limited, and for Germany and the conti-
nent generally there has been decidedly less doing; but the
present position of spinners is decidedly satisfactory. Goods
have not been so much in demand, and for many sorts the ad-
vantage recently obtained has again been lost.
ROCHDALE.—The attendance of buyers in the market on
Monday was thin, and the business transacted limited ; but
there was little or no change in prices. In the wool market
prices are firm, but there is little doing.
MACCLESFIELD.—At length we are enabled to report a
slightly improved demand for goods, chiefly neckerchiefs,
which are rather easier of sale than has hitherto been the case
this spring; not, however, to an extent sufficient to give im-
pulse even to the present limited production.
LEICESTER.—The Leicester trade remains much in the same
inactive state as noticed last week. The shipping orders are
now about completed, and it is rather too early for the whole-
sale houses to think of buying for the winter trade, so that a
better state of things cannot be calculated upon for a month to
come. Wools are very firm in price, and it is not thought that
manufactured goods will lie much lower.
NOTTINGHAM.—Lace: there has been something more
doing this week that we have had to report for some time, and
that principally among home buyers: foreign demand is very
languid. The Americans have about completed their summer
purchases. The Germans have begun to buy rather more
freely. It appears as though the price of yarn has reached the
lowest point it is likely to attain for some time. Hosiery :
Some hosiers have experienced a slight increase of demand,
but not to an extent, it seems, to warrant them just yet to set
any more frames to work than they had previously going. A
few weeks' fair demand would enable them to do this, as stocks
on hand are not particularly heavy, notwithstanding the long
flat time they have experienced, they having suffered too fre-
quently from making goods when they were not wanted for
immediate use. The price of yarn is unaltered.
LEEDS.—The woollen trade is without change this week. The
reports of the last two or three weeks might be repeated—all is
going on so quietly and steadily. The supply is made to suit
the demand, and prices are firm.
BRADFORD.—WooIs: there is nothing better during the
week. The spinners are very unwilling to buy at the prices
sought here, and there is no alternative but that of spinners
ceasing to buy as usual, for they cannot make cost. Unless a
decided improvement takes place in the price of yarns, wool
must be lower.—Yarns : there is perfect unanimity in the re-
ports of the yarn trade, for it is worse than was ever known.
Every one seems at a loss to know how to best shelter himself
from loss, for to realize prime cost is quite impossible. Pieces:
the business doing in piece goods is fully as active as last
week, but the prices are not any better.
HALIFAX.—Our Piece Hall was but thinly attended on Sa-
turday, and we are unable to report any improvement in the
inquiry for any description of worsted goods. The condition of
the yarn trade is anything but satisfactory. The quotations
are much below the cost of production and, unless there be a
speedy change, the spinners will be driven to the necessity of
running short time. Wool continues pretty firm; the rates
demanded by the growers being higher than the staplers can •
realise here; and no large quantity is changing hands, as the-
spinners buy only from hand to mouth..
HUDDEISFIRLD.—We had a better market on Tuesday than
last week. The lighter qualities of goods for summer wear have •
been pretty freely disposed of. Fancies have been a little in,
request. The wool trade is quial, prices remaintruh•