The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1850-04-02 00:00:00

STATE OF TRADE.

DIA
NeIIESTER.—The increased demand for the various
descriptions of 40-inch Shirtings, latterly induced by the fall in
prices, has been continued throughout the present week; and
the makers are now well supplied with orders, many of them
for a month or two to come, at the rate of is. per lb. The value
of most other classes of goods, however, has at best been but
barely sustained. It is only by taking a little less than before
for printing cloths and 34 to 36-inch Shirtings, that a very
limited, though perhaps slightly augmented, amount of sales
has been effected. In domestics the flatness continues unre-
lieved; indeed, a great desire to sell has shown itself within
these two days, no doubt in consequence of the resumption of
"full time" by such extensive producers as Messrs. Fielden
Brothers. The depression in the Yarn market, great as it was
before, has been more severely felt during the current week.
The spinners have made some further concession to the buyers
in the general run of mule and water twist ; but the latter have
shown little disposition to meet it : a want of confidence has
still been the prevailing feeling, and the transactions have been
altogether of limited amount.
ROCHDALE.—The market has been rather thinly attended,
and the business transacted has been rather more limited than
it was on the preceding Monday. The Wool market continues
slack, and prices have rather a downward tendency.
LEEDS.—The Woollen trade has not been quite so brisk this
week as it was lately ; but the manufacturers are chiefly work-
ing to order, arid the stocks are low.
B RA DFORD.—For pieces a fair average business continues to
be done. Probably more buoyancy may be expected after the
result of Leipsic fair is known, which commences on Easter
Sunday. At this mart great quantities of goods are sold, and
orders taken for the manufacture of which Bradford is the em-
porium. The demand for America is beginning to show signs
of activity, In Wool there continues to be a fair business
done, and prices are slightly in favuur of the buyer. The de-
mand for yarn is steady, and prices firm.
HALIFAX.—The attendance in our Piece Hall on Saturday
was not so large, nor was much business done. As prices seem
likely to recede, the merchants are very shy of purchasing;
and what goods are sold, are quitted at rather lower rates.
The same may be said of yarn; the shipping houses buying
very sparingly, and the spinners having to submit to a reduc-
tion in price upon all new contracts. There is not much
doing in Wool, and the quotations are on the decline.
Hun DERSFI ELD.—There is little change in our market since
our last, buyers still continuing timid. There seems to be
some hope of the price of Wool sinking; till which, combined
with more favourable weather, a better state of things cannot
be expected.

AGRICULTURAL PROSPERITY.—The prospects of the
cultivators, both at home and in the colonies, are gloomy
in the extreme. The price of wheat is now known : it
has been judicially fixed, at least in Scotland. The fear
prices in that country are, on an average, £1 16s. for
wheat, and 14s. for oats ; instead of 51s. for the former,
and 245. for the latter, which they were three years ago,
before the Trish famine set in. Good wheat is selling at
this moment in the Haddington market at £1 13s. 6d. a
quarter—lower than it has been for a hundred and fifty
years. Black cattle have fallen in the proportion of ten
to six, or forty per cent ; and although the rents of sheep-
farms have as yet, from the high prices of wool, not been
materially affected, yet it is well known that they too will
ere long share in the general decline. Rents are in most
parts of Ireland irrecoverable : the misery in many of its
Unions equals that of the worst period of the famine.
Rents in Scotland will at next term-day be postponed :
the tenants, acknowledging their inability to pay, gene-
rally are already asking for time ; and it is well understood
on both sides, that, if the present low prices continue,
the arrears, now fast accumulating, will become irre-
coverable.—Blackwood's Magazine.
DECLINE OF HOME INDUSTRY.—The theory of the
Manchester school is, " Give us a sufficient amount of
imports, and the exports will take care of themselves."
They care not how widely they may prostrate the industry
of the country, so as they get a profitable trade to them-
selves. But the point they have now to consider,—can
they secure this profitable trade to themselves, if the in-
dustrial resources of this country—in other words, their I 1
TAXES: HOW TO AVOID THEM.—STRONG ARGUMENTS AND
ppa consumers
n i faly] liinve,
customers' means of paying for their goods—are daily de- nSTuArnfetTroLuhsN Gankd'ACTs WHICH CpArNotOsTwM(Oh rt,el'ili A DICT 1.,: D .—The
dining ? that our imports are constantly increasing, is y for various accumulatedarticle, afford a good o
true : it is what the Protectionists always predicted would bares the position of some houses comparedwith others; and
be the _lase. But that increase is no index to national it is our purpose to elucidate how and why it is—convinced
prosperity : on the contrary, it is the forerunner of na• that we shall be enabled to throw a strong light on this hitherto
neglected subject,
dand prove.,
order
enormous taxation thus laid
tional distress, because it implies a progressive supplant-
ing of our own industry by that of foreigners. The fol- on domestic expenditure. In
eivieear‘t,oourlio;ed
st'oisw,
h system
iitsot
lowing extract feom the returns for January 1850, ending Place, simply the number and extent of the profits that all
sth February 1850, will show how largely the productions classes are really burthened with :-Ist profit arises from ma-
of foreign countries are trenching upon those of our own : nufacturers buying articles in the raw state; 2nd profit arises
Month ending sth Feb. 1849. 1850. from merchants purchasing from the manufacturers; 3rd pro-
Silk, thrown, lbs 13,847 71,600 fit arises from London or wholesale houses buying from our
Sheep. wool
i c thusu lar l
Gloves, pairs 159,776 270,091 purchase from wholesale houses; sth profit arises from small
Silk broad stuffs 13,036 22,124
yto involvingth the
wao
rpkriiong-
tradesmen's exorbitant charges to the consumer! Now, upon
----Ribbons 8,946 13,768 a just calculation, these five profits amount to at least s 0 per
Potatoes, cwt.
Bacon, do.
iepnite. ,s
oorexttenraysohgilalointgtso ithieepveereykettus•e(pitsyrt!
Beef, do.
thoroughly
Pork, do.
IN e
It is the same with nearly all the other articles. How our ‘l'iisllerii.eitk,i;ll uadtefitrostoeneestesatanbaliistiment where the artizan can get
manufacturers and artisans are to go on, any more than mediate pitiofits to pay; need wY el esraeytt proprietor
allude
ltloasiiinolinter-
our farmers, striving against this prodigious and rapid in- national tailor and clothier, 63, Lord-street, IlverpoolLYAlT4
crease of foreign importations, it is for them to say ; but manufactures extensively for his own branches in every stage,
probably experience will, ere long, enlighten their under- from the raw material to the most superbly finished coat, at
standings on this subject. Indeed this inevitable reaction "one cost" and at " one profit." This, then, accounts for his
of domestic distress in trade, aswell as agriculture, against NaTfsetrr
to
ocessse
sell his
i tsh e i extraordinary low prices at which he can
clothing; in fact, it is well known by the
the Free Trade system, has already set in. We make public that he sells the most superior description of garments
the following extracts from the circular of Messrs. T. and lower, infinitely lower, than any other smaller establishment
H. Littledale and Co., of Liverpool, perhaps the greatest charge for inferior. Now, we ask the reader a simple question
brokers in the world, for Monday, 4th of March, 1850 : —Does it not sound to reason that H YAM has advantages for
Import of cotton, supplying the million 40 per cent. lower than others? Certainly
From Jan. Ito From Jan. Ito he has ! and this he unquestionably does—thus saving the
March 5, 1849. March 5, 1850. pockets of all, more than any person could imagine, did they
Bales
Sales of do.
Home consumption .. 305,040
Stock at this date .... 384,230
Here is a decline from three to two in all branches of the 26, Market-street; Birmingham, 23, New-street; Glasgow, 48,
cotton trade, since the two first months of last year, ex- Argyll street; Exeter, 193, Hilit..stree L
Bristol,
on4d,on,46.,,eoxford-
cept in stocks, in which there is an increase from four to street;risto , Union-street;lia T. sclt
Leeds, 42, Briggate ; Hull, ll
17, 1-street ;
, - larket-
five and a quarter. We recommend this to; the attention place—and all in active operation, it makes it worth his while
of the gentlemen in Manchester who introduced the Free to manufacture his own goods of every description ; thus coin-
Trade system. We shall not imitate their example by bining in himself the true title of manufacturer, merchant,
saying it is a " cotton lord question," with which the pub-
wholesale and retail vendor for his own immense and widely-
lie generally has no concern. In the close of the same
•Issp- er nextending temples of commerce. Another point of importance
take up : a tradsman in a gigantic line of business
circular it is thus stated in their general remarks " The
.--- —like YAM, even not possessing the advantages stated,
month of February affords little matter for comment. It can even then sell cheaper than small shopkeepers.above They must
has been a particularly dull month in business, and, when have a shop, shopmen, gas, rent, and numerous other expenses
contrasted with the energy and speculative excitement of incidental to businessi, which nearly amount to as much as a
January, the sudden change appears the more striking. larger shopkeeperflguenrdrtim e s
a(ssurncuiets H yoam ,
Aram,) whoseloo artettinierriis are probably
There is probably no one cause to which this can be attri- rience, the sound judgment, and the unboundedmcaTaleaexpProe--
buted, but principally, no doubt, from a re-action, the in- prietor of twelve such mammoth establishments must possess
variable consequence of over-activity. The old complaints in making up goods, to a small tradesnian, who only has to
of railway depression and Continental disquiet may have make a handful at once; why, it is like comparing a molehill
to a mountain. Whilst purchasers at " small" shops must
had some influence, but the large arrivals of some articles, have " small" choice to select from, "small"
chance
of