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    No. 43€JJ^rLY 31, 1858.] THE LEADER. ' ^...

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    RAILWAY INTELIGEtfCE. There is a firmer ...

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    Railway Accidents.—It is a remarkable fa...

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    MINING INTELLIGENCE. We have very little...

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    COLONIAL AND FOREIGN PRODUCE. MAEKETS. R...

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  • Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.

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    General Teade Report., London, Friday Ev...

    business in yarns , it is quite certain that there has been more activity generally , though particular for counts there has been less demand . The demand from Germany continues . At the markets to-day ( Friday ) prices were again steady , and producers maintained their quotations firmly- Yarns for continental export -were in moderate request , particularly in the middle and lower numbers , and spinners , being still well engaged , did not press sales . The attendance of London , Glasgow , Dublin , and other country buyers at the Leeds , Huddersfield , Bradford , and Yorkshire markets continues very good ; but their purchases are described as being limited . That is , they are limited compared with those made during the unnatural demand prevailing during a part of last year ,

    but they are good compared with the purchases effected in the depth of the late depression . Plain goods , more especially in doeskins , continue to sell steadily , and various descriptions of Cheviot tweeds , for trouserings , are just now in good demand . This class of goods has been recently introduced into these markets , and has succeeded so well that large quantities , in various stripes and mixtures , and at all prices , are being now regularly manufactured to order or for sale in the Cloth-halls and shops . In these goods the wool is left long , so that , in the finer qualities more especially , a , soft and silky surface is presented after a few weeks' wear . The patterns are usually striped , but sometimes plaided , and the colours most in favour are black and white , chocolate and

    whitedrab and pink , & c . The demand for beavers , viennas , britanniaa , and other descriptions of winter coatings , has already set in , and manufacturers engaged in this branch of the woollen trade are unusually busy for the season . A large proportion of the patterns thus far selected are eilk mixtures of various colours . The usual prices of goods of this class range from 8 s . to 1 Is . per yard . The heavy goods shown in the Halls at Leeds this week have been distinguished by superior finish and extra quality , and there is reason to expect that these marks of improvement will be permanently maintained . Prices have rather hardened , owing to the value of wools

    at the London wool sales ; but a steady trade is expected for some time . Reliable reports from the outlying districts , confirmed by the returns to the Poor-lavr Guardians , speak of labour being fully employed in those parts . For the Exhibition of Local Industry , which opens in Leeds in September , and which is trader the auspices of the Leeds Chamber of Commerce , many clothiers about Morley and Batley are now engaged in preparing samples of goods . Indeed , the Exhibition has already been ^ o warmly taken up by the trade as to warrant us in anticipating for it a decided success during the ensuing busy time in Leeds when the Queen pays her expected visit .

    The flannel manufacturers of Rochdalo , both of the finer and middle qualities , and of unions , are holding out for an advance of 2 s ., and many have obtained from Is . to Is . 6 d . per piece ; The advance , however , has checked business . Needy sellers have taken former prices , but large manufacturers are firm . Accounts from Belfast describe the stocks of handloom light and heavy linens as very small , and the demand good . Prices are consequently firm , and in the former an advance has been established . Diapers and drills are

    also in improved demand at full rates . Goods for dyeing , also lawns , cambrics , and handkerchiefs , have been selling freely , with a tendency to firmness . Light power-loom linens for bleaching are in demand ; roughs are inquired after . Lawns , camhrics , and handkerchiefs , of power-loom manufacture , are in plentiful supply , and are rather lower . The home trade for white linens is good , but foreign buyers are very cautious in giving out orders , In yarns the demand is brisk both from home and foreign manufacturers , and stocks of all descriptions are low .

    The linen trade at D undec is good , but the high price of flax induces complaints that it is not sufficiently remunerative . The lace and hosiery trades at Leicester and Nottingham present the features usual at this period of the year . The stockingers are rather busy for the home market , but lace is dull , though some considerable foreign order * are in hand . Plain goods are in request . On the whole the population are well employed . The hardware and cutlery trades of Birmingham , " Wolverhampton , and Sheffield nro depressed . The OTders from the United States aTe unusually limited , and as the fall trade is now far advanced little or no increase is expected . The homo trade is also dull . Speculation is described as dead . So far , trade is unquestionably

    health y , but the absence of orders is tolling injuriously upon the amount of employment . The Birmingham brass foundries are by no means fully occupied . The fancy trades are dull , and the same may bo said of those connected with the manufacture of domestic arti c les . The fact is , consumers have not yet had time to recover themselves . Considerable orders havo been received from Havannah and Brazil , but the South American trade , fcoth ih Birmingham and WoWerhainpton , is depressed . Sheffield cutlery is in fair demand from the Continent . InHhe light trades , table and pocket cutlery , razors , nnd so on , more is doing tlian for some months past . The greatest dulnesa is in lieavy Htcel articles , such ns saws , illes , and edge tools . On ( ho wholo , traclo nt Sheffield , just as at Birmingham and Wolverhampton ^ ins received » check , but it ie hoped it will be onW temporary .

    No. 43€Jj^Rly 31, 1858.] The Leader. ' ^...

    No . 43 € JJ ^ rLY 31 , 1858 . ] THE LEADER . ' ^ 755

    Railway Inteligetfce. There Is A Firmer ...

    RAILWAY INTELIGEtfCE . There is a firmer tone in both the heavy and light this markets . The public are regaining confidence in this soundest of investments , and guaranteed and preference shares are coming into demand and fetching higher prices . In particular , India shares have sustained a marked rise . It seems to be generally admitted that the transfer of the whole of the power vested in the country directors to the Imperial Government is a settled thing ; and that as Government will no doubt assume the responsibilities and the liabilities of the Company , an

    imperial guarantee is of higher value than the Company ' s guarantee . " We do not agree in this , view of the question , but if the public choose to take it and to act upon it , that is their affair . The takes of the railways are still showing a decline compared with the takes of the same period lost year , but this must be regarded as only a temporary defalcation . Trade is restricted just now from causes which are patent to all ; trade will certainly resume full activity in a very few months , the traffics-will imppove , shares will reach a hi gher figure , and dividends will of course be increased .

    The shares which have experienced the greatest rise appear to be London and North Western , Midland , Great Northern , and North British . Great Western has gone down . Nearly all the Indian railways have experienced a rise , and East Indian Railway stock rose nearly 1 per cent . Eajlway Dividends . —London aud South Western officially announced at the rate of 4 j per cent , per annum , against 4 f per cent , for the corresponding six months of 1857 . Lancashire and Yorkshire Railway Company at the rate of 3 ^ per cent , per annum . The dividend for the corresponding period of 1857 was at the rate of 5 per cent , per annum .

    Great Southern and "Western Bail way Company of Ireland officially announced at the rate of " 5 per cent , per annum , the same rate as in 1 S 57 . Some doubts are entertained as to the expediency of the Great " Western declaring a dividend , this half-year .

    Railway Accidents.—It Is A Remarkable Fa...

    Railway Accidents . —It is a remarkable fact that a greatly-increased number of accidents happen on railways every year about the commencement of July . This season they have been even more numerous than usual ; and w « learn that in almost all , some passengers at least amongst the injured had availed themselves of the advantages of the Railway Passengers' Assurance Company ' s tickets , and have received that prompt and liberal compensation for which this Company has earned an honourable ) reputation . It is strange that all who travel by railway , and who must incur the inevitable risks of doing so , should not secure the provision afforded by the Company ' s insurance tickets , as they can be procured at so trifling a cost at the railway stations when obtaining the railway tickets , or by a small annual payment . —Standard .

    Edinburgh and Glasgow Railway . —At a special meeting of the shareholders in Glasgow , on Tuesday , resolutions were passed empowering the directors to issue and create four per cent , guarantee stock to the amount of 480 , 000 ? ., to be applied under the provisions of the Edinburgh and Glasgow and Stirling and Dunfermline Railway Companies Act , 1858 , and to borrow on mortgage 160 , 0002 ,, to be applied ih paying off the debenture bonds granted by the Stirling and Dunferniline Railway Company .

    Mining Intelligence. We Have Very Little...

    MINING INTELLIGENCE . We have very little of interest to report about mines this week . The subject is one which we always approach with reluctance , because we well know how little is reliable that appears in the public journals respecting alleged transactions in the shares of various mines . The mining-market , as it is termed , is a myth—it really exists nowhere ; and there is no other mode of getting at tho price—not the value—of mining shares except by resorting to an established mining agent . Of the general body who call themselves mininig agents and brokers the public must be cautious ; there is liardly a man of capital and character among them . Especially lot the invester beware of " avertising agents . " They can only escape certain loss by placing themselves in the hands of established brokers of character , if they will venture in a direction that may produce largo profits , but which' is moTO likely to engulph their whole substance . Wo do not find that shares of any particular mine are in demand . Bon Accord has been inquired after , but we are of opinion that the spurt which has lately taken place ia these shares is owing to the manoeuvres of jobber * There wjis a meeting of the Mariquita ami New Granada Mining Company held on Thursday , at which an attempt was made by some shareholders to inquiro into the circumstances connected with the purchase of the Purinoa mines nt three times their value , as reported ; but , of course , tho attempt was defeated , and tho directors succeeded in getting tlioir report earned .

    Colonial And Foreign Produce. Maekets. R...

    COLONIAL AND FOREIGN PRODUCE . MAEKETS . REVIEW FOB THE WEEK . Mincing-lane , Friday Evening . Sugar . —Prices are fully 6 d . and in some cases Is . per cwt . higher , with a good demand at the advance ; but supplies are brought forward less freely , and very generally with still higher limits affixed . Transactions are , in consequence , to some extent checked , but a good business has been , concluded , although not equal to that of the preceding week . The statistical position of the market continues healthy , and the clearances for consumption , hitherto large , have a tendency to increase rather than otherwise . The exports show but little improvement . In consequence of the recent heavy arrivals of West India , the stock is again somewhat increased , and is now 58 , 700 tons , against 51 , 200 tons at this date last year . West India . —Th « week ' s transactions are 5449 hogsheads , including the public sales , in which Barbadoes sold at 37 s . 6 d . to 43 s . 6 d . ; Jamaica brown , 38 s . to 39 s . ; middling to good , 39 s . 6 d . to 42 s . ; crystallised Demerara , middling to superior , 43 s . to 49 s . ; and brown , 3 ? s . 6 d . to 41 s . 6 d . per cwt . Mauritius . —Low brown qualities are in request for export , with only limited parcels on offer ; 5000 bags have sold at 3 Os . to 32 s . for low syrupy brown ; and 39 s . to 41 s . for low to middling yellow . Bexgal . — 4314 bags , in auction , were mostly disposed

    of , very low brown , 26 s . 6 d . to 29 s . Turpattah 34 to 35 Foreign . —The principal sales have compr ised 10 , 000 bags Manilla , clayed 37 s ., and unclayed 30 s . to 31 s . ; GOO hogsheads Porto Rico at 36 s . to 37 s . for brown , and 38 s . to 46 s . for low to fine grocery ; 1600 casks Cuba Muscovadoe brown to good yellow 36 s . to 42 s . fid . ; 4000 boxes Havannah at 38 s . 6 d . to 45 s . 6 d . for low middling to good yellow , and 50 s . to 51 s . 6 d . for floretts and white . Three floating cargoes Havannah together , 6500 boxes at 28 s . 3 d and 29 s . for Nos . 11 £ and 13 £ , and one brown Peraambuco at 21 s . 3 d . for a near

    port . B , EFiXEr > . —A firm market and higher prices paid Brown lumps 53 s . 53 s . 6 d . Molasses . —The demand has improved , and about 2000 casks have sold . Trinidad 13 s . 6 d . to 14 s . ; St . Kitts 14 s . 6 d . v Barbadoes 15 s . ; Antigua 15 s . 6 d . to 16 s ., and Cuba . 16 s . per cwt . Rrar .: —The market remains inactive , and prices unaltered . -. . ' . \ Coffee .- —The Netherlands Trading Company have

    announced their September sales , to comprise 700 , 000 bags , which has caused a temporary flatness , and prices are rather lower , but the market shows evident signs of rallying . Of 955 casks , 874 tarrels and bags Plantation Ceylon , about half sold . Low , middling , and middling 1 64 s . to 69 s . 6 d . ; gool middling , 71 s . to 71 s . 6 d . ; fine , 76 s . 6 d . to 78 s . 6 d . 3100 bags Native Ceylon were nearly all bought in at 44 s . to 48 s . for common to fine ordinary . 5700 bags Costa Rica sold well at 40 s . 6 d . to 74 s . for fine ordinary to good mid .

    Cocoa . —There is still an absence of demand . A few bags Grenada sold at 44 s . Tea . —Since the delivery of the China mails , the market , although not active , has had a better tone . Public sales of 21 , 000 packages went steadily , and , including 1500 small "boxes , 4700 packages were sold in the room . Common Congou quoted 94 d . to 9 f d . per lb . Spxces . — -Cassia Lignea has advanced ; 115 s . to 121 s . paid for third to first pile . Pimento is taken more freely for export , and is id . per Ib . dearer ; middling to good 34 d . to 3 fd . per lb . Pepper barely sustains its value ;

    middling Sumatra sold at 3 Sd . to 4 d . per lb . ; Penang taken in small quantity at 3 jd . per lb . Jamaica ginger realised 50 s . to 70 s . for common to middling , and 4 / . 5 s . to 71 . 7 s . for good middling to fine bold ; ordinary to fair Cochin , 55 s . to 84 s . ; Bengal held at 17 s . 6 d . per cwt . Mace , nutmegs , and cloves are unaltered in value . Tho quarterly sales of 1380 bales Ceylon , and 26 chests 35 barrels Tellecherry cinnamon , passed off without animation at barely former prices : firsts , Is . 5 d . to Is . 8 d . ; seconds , Is . 3 d . to Is . 5 d ; thirds and fourths , lid . to Is . 3 d . ; Tellechorry , lid . to Is .

    Kice is generally 8 d . to 6 d . cheaper , and but little doing ; fully middling white Bengal new rice , sold at 9 a . 3 d . to 9 a . 6 d . ; good Necranzie at 7 s . 3 d . ; a few lots fine Ballam havo made 8 s . 3 d ., which . is a full price . The deliveries havo shown a decided improvement , reaching 2000 tons for the week . Sax / tpetrb . —Largo parcels have been brought to public sale , and have evidenced a want of demand , the bids falling Is . to 2 s . below current rates , but privately former prices have been paid for small quantities . Cochineal .. —Tho market has been more freely supplied , and a moderate business done at about lates ratos . Honduras silvers low to fine , 3 s . fid . to 4 s . 3 d . ; black , 4 s . 6 d . to 5 s . 2 d . ; Tencriffe silvers , 3 s . 8 d . to 3 s . 9 d . ; black , 4 s . Id . to 4 s . Cd . per lb .

    Indigo . —At tho large public sales of Spanish , comprising 2170 srn 8 . Guatemala , and 30 ( 5 srns . Caraccas , thoxlomand was very animated , and prices , us compared wim tlio May ' s sales , showed an atlvanco of Cd to 8 d . on good and fine , and Id . to ( Jd . on inferior and middling qualitioa of Guatemala ; Flores ( ii . 9 d . to 7 s . CO . ; Sobros

• Citation
  • Leader (1850-1860), July 31, 1858, page 27, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/cld_31071858/page/27/