The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-07-11 00:00:00

STATE OF TRADE.

MANCHESTER.—The general tone of this markethas shown
a decided improvement throughout the whole of the present
week, and it seems to be the general impression, that we have
now seen the worst, and that a gradual improvement both in
demand and prices may be counted on. To this end the more
pacific nature of the accounts from both Germany and Italy,
and the anticipations of a bountiful harvest at home, have
mainly contributed. The rise in the funds during the present
week has also a cheering influence, and seems to speak of a re-
turn to prosperous days. Prices, either of cloth or yarn, have
not advanced in any quotable degree, but there is less irregu-
larity, and the lowest terms at which purchases could previously
be made, are no longer accepted. The German houses have
not done any large amount of business, although, from the
numerous inquiries at the early part of the week, expectations
were expressed that such would be the case, there can be little
doubt that they have large orders on hand ; but the political
disturbances have so deranged the commercial system, that
their remittances are not so well arranged as formerly, a re-
storation to the usual system being only attainable by degrees -
until which time their transactions will be necessarily cramped
to a certain extent. The purchases that have been made dur-
ing the week have, in many instances, been the result snore of
speculation, in anticipation of an advancing market, than any
orders that require immediate execution. The Yarn Market
has shown rather more inactivity in numbers for India ; ne-
vertheless, they are rather worse to buy. In light cloths and
skirtings for the same quarter, the full quoted rates are now
asked, and in quarters where the lowest prices have been pre-
viously accepted, an advance of lad. per piece is required,
which, however, only places them on a par with their neigh-
bours. The inquiries which were pretty eagerly made by the
Greek houses at the beginning of the week, have not resulted
in any increased activity, but would seem to have been prompt-
ed by a fear that the advance in cotton would place them in a
worse market for their operations. The home trade houses
have been doing a good business during the week, and appear
likely to continue.
ROCHDALE FLANNEL MARKET.—The market this week was
a little better than it was last week. Prices of both goods and
wool are about 15 per cent. lower than they were a month ago.
LEEDS.—We have to report a little more activity in our
woollen market this week than for the last two or three weeks.
Some of the large London buyers have been in the town, and
have purchased more freely than of late, and business in con-
sequence has been better in the warehouses. The American
houses are beginning to move a little, and hopes of a revival of
trade for the winter are generally entertained. Stocks are not
heavy, and prices are low. Many of the smaller manufacturers
are fully engaged on order.
BRADFORD.—WOOI: The same inactivity we have noted for
some weeks past continues, and there is no disposition to buy,
except for immediate use. The supply in the market is only
bare, but little of the new clip having come to hand. Prices
are steady. Yarns : The extremely low and ruinous price at
which yarns are now selling, gives a tone of confidence that
they have seen their lowest price, and a shade more business is
doing both for shipping and home consumption. Pieces ; The
change in the weather seems to enliven our trade, and a fair
business is doing by the home houses. The Germans are still
out of the market, and the Americans are cnly doing little, it
being now towards the close of the season
HALIFAX.—Our Piece Hall was but very slenderly attended
on Saturday, and the demand for worsted goods was exceed-
ingly dull. The yarn trade remains in the same depressed
state ; and the spinners curtail production to as low a point as
consists with keeping their machinery in order. New wool is
coming freely to market, but very little is purchased, and prices
are looking downwards. Short wools are also rather on the
decline, notwithstanding the very limited quantity produced.
HUDDERSFIELD.—This week there has been an increased
confidence among the manufacturers generally attending this
market, but not much more business was transacted. Stocks
are very light.