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    IllONMAHTRHS' QlTAUTKTtl . Y M KOTISO . - TlC WO t „ was hold at Wolverhampton on Wwlnowluy ; « ° " , anco of the trade wn « scarcely up to tlio « W ; ' regards the business transacted , it imwt l » o ' '"'" ' /„„ ,. as having boon a qulot quarter-day . V m linnet ' of thin may have boon attributable to the c ran Ma i tlicro boln K « o Hpoculotlvo purchasers o liu » . » o inclination on the part of consumers not i .. t |( heavy coutructH . Shippers of in ... arc actuatu 0 the sRiiiQ disposition . There aro no hirtfo t m . 11 o ^ orders in ; and a similar remark app lies to ^ ft rioan trade . Tho tone of tho oflsoml . y WB J " ^ j , in conviction very gonorally prevailed tlin fj' 1 " 11 " , 1 ( i , ra bettor position than it was a few weeksnfco . , soiling of « ood brands of Jlnl » h « l iron 1 .. isj f «'• „ tho groat bulk of the firms hav-o suffl « HM t oulc s v ^ tho molts nnd forgo * iu full operatic . J b M rather improving in price . A good many sous . ^ blast iron took place at from 2 s . ° \ £ J ° \ higher Own would Uavo boon given a jw ™ " "S «

    Untitled Article

    Hosiers generally are looking for a good trade wiTh America , several of the hosiery buyers bavin * iv rived by the Persia ; and letters by the samemiii state that the stocks , both of hosiery and lace in + 1 , United States are low . ' ® Trade is tolerably good at Leicester , the supplv and demand being' . perfectly regular . There is no accumulation of stocks ; but much complaint about ' the high price of the raw material . The linen trade of Belfast ami the neighhourinrr towns is in much the same condition as ° deseribed last week . There is a brisk demand for most fabrics and full prices arc paid . At Dundee there has been some degree of dulness .

    In Norwich , the fact that trade has improved both in the shoe manufacture and in the manufacture ' of Norwich staples , is proved by the gradual diminution , of pauperism . Few able-bodied persons are out of work , while the paupers in the workhouse are fewer in number than they have been for some time In Macclesfield , where the staple manufacture is that of silk , also in Congleton , Middleton , Coventry and elsewhere , the case is the same . There is " a good demand for all descriptions of silk goods . The Staffordshire potteries continue to be fully emploj ; ed with home and . foreign orders , particularly for the colonies .

    clothiers are able to clear at once from the mill to the warehouses of the merchant . The flax trade , leather trade , and other staples of the town are pretty busy ; exception only being taken to the iron trade , which is yet in a depressed condition , more particularly "in the manufacturing brandies of it . In Bradford there has been but little business in wools , and sellers have had to make concessions , holders being exceedingly firm after the partial advance established in Liverpool . The i > riccs of noils and brokes have remained stationary . In worsted yarns the prices restrict transactions , buyers being under the impression that before long their terms

    will be conceded . A fair average business has been done in pieces , particularly in plain goods , such as coburgs , Orleans , and merinos . Inquiries are also making for goods suitable for the American market , and it is expected there will be a tolerable demand for these goods when the American houses commence operations . Prices are exceedingly firm , it being well known that goods have not risen in value in proportion to the advances established in wools and worsted yarns . At Monday ' s and yesterday ' s market a full average business was done in goods for the winter season . Manufacturers generally are well employed with orders .

    In Huddersfield , at this week ' s markets , the demand has principally run upon spring goods , and less has been done in winter stock , which is the principal thing offered at the present season . Fancy trouserings of medium quality were mostly in demand ; black doeskins at from 3 s . 6 d . to 4 s . 6 d ., and steels and oxfords at from 3 s . to Js . were asked for . Although the trade in these articles at the present season is not very brisk , the demand , however , was considered an average for the season . The shipfring 1 trade has undergone a slight improvement . Several foreign buyers were present making larger purchases than usual , and looking out for spring rangers . Bedford and woollen cords " continue in such large

    demand that the goods cannot be produced fast enough ; there is none in stock . Very little has been doing jn the wool trade during the week * - Transactions are few , and prices continue very firm , and are likely to do so for some time to come . The stock in the cloth halls is very meagre , and there is but an indifferent assortment . Our manufacturers generally have on hand large orders for goods suited to the approaching season , and there is every prospect of an active spring trade . Prices generally are tightening in consequence of manufacturers' having to pay more for material . Wool and oil are increased in price , and they cannot therefore produce their goods at the same price except of an inferior quality .

    demand , but especially as regards that from the United States , the orders brought by the Persia having been very considerable . Of course the progress of general improvement thus indicated will almost every week receive temporary checks in some branch or . other ; but the general condition is progressive , and ,, as . a necessary consequence , the employment of the people is increasing . The" railway receipts of the week confirm these general statements . Comparing still unfavourably with those of the corresponding week last year , they are enlarging from -week to week , particularly the returns for the conveyance of goods and merchandise . On some lines there is a very large increase ; and as to freights , there is certainly a much better feeling among the shipping interests , which have long been depressed .

    The money market remains very easy , and exceedingly low terms are offered to commerce , but commerce is increasing without using them , except to a very small extent . In the course of the week the supplies have been greatly enlarged by the payment of the dividends , which commenced on Wednesday ; and since then the best paper has been done at 2 per cent ., though for other classes there is no material change . The Bank Directors , at their weekly court on Thursday , decided upon maintaining their existing minimum at 3 per cent . This resolution caused a good deal of disappointment among the speculators ; but it had no effect upon bond Jide traders , who have now the command of means sufficient to render them

    independent of discounters . Last week , and again this week , and particularly to-day , the continental exchanges have been turning against this country , partly in consequence of the National Bank of Austria absorbing large amounts of specie in prepration afor resuming specie payments at the beginning of next year , partly in consequence of heavy payments in connexion with the L-ombardo-Venetian Railway concession , and partly in consequence of the remission of some amounts of gold to Constantinople in connexion with the new Turkish loan . The German banks , to protect their specie against

    the movements at Vienna have raised their rates of discount ; and thus gold can now be sent to the Continent at a profit * Perceiving these things , and perhaps rendered timid by them , the Bank Directors , with 19 , 496 , 991 / . gold in their vaults according tothexeturri in this evening ' s Gazette , and . 12 , 000 , 000 / . notes unemployed , with no discont business , and a formidable competition for such , bills as are to be had , maintain the minimum at 3 per cent . The returns of this evening , however , explain this policy . There is a diminution of 29 , 484 / . in the bullion , and 407 , 644 / . in the reserve . week

    The cotton market at Liverpool last appeared to be dull , owing to the comparative absence of speculation ; but prices were , in the majority of cases , against the buyer for the most useful descriptions . The present week has manifested almost exactly the same features and the same tendencies , and the firmness of holders is substantially unshaken . Notwithstanding this state of things , the market for yarns in Manchester lias been somewhat weaker , and prices have shown a tendency slightly to droop . . The demand remains sluggish , but it improved to-day upon the receipt of the Indian ad vices . German

    In Halifax the state and prospects of business have changed very little . Tho wool trade continues dull , but prices are the same ^ Manufacturers are generally pretty busy , the coldness of the last week or two having caused a rather earlier demand for heavier goods . The yarn trade is decidedly flat , with a tendency to be depressed . Home or foreign orders are not so plentiful , and the reluctance to give the required advance increases . In Rochdale less has been done in the wool warehouses than for some time past . Manufacturers are still able to keep out of the market . Staplers continue to speak as if a fall in value was improbable ; but for large quantities they would , doubtless , be willing to take a shade less . They also predict that for both English and ' foreign wools at the

    forthbuyers have held aloof , and have done little , except for pressing orders , -which have been limited . In general , the finer descriptions of yarn remain very firm . The cloth market has been decidedly firmer than that for yarns , but business is restricted by the quietness of the demand . Producers , however , show no anxiety to press sales , being still largely provided with contracts , and they therefore refuse to . make concessions , which would , probably , be the means of vastly stimulating business . After all , it is fairly regarded as evidence of a sound condition that prices are so well sustained , under a slack demand of some weeks' duration now .

    coming London November sales , higher prices than those current will bo realised . Short wools keep up their value well , but tho gradual increase of skins now coming into tho market is found to put a slight check on exorbitant demands . The largo flannel manufacturers are well employed on orders , and machinery is running full time . The country manufacturers speak less of short time than they did a few weeks ago , and should wool come down , a firstrate trade may be expected . The turn in tho market is , therefore , of . some consequence . There has been a full attendance of buyers , but their operations aro conducted with great caution . The finer quality of flannels and union goods commands a brink trade , and all kinds aro quite active . The recent advanco on all goods is well sustained , and somo havo succeeded in getting further advances .

    In Blackburn the business in yarns has followed the course of that in Manchester . It is only in tho lower number * , however , that spinners aro disposed to yield . . Fine counts are very firm . In Leeds the woollen trade is substantially unchanged , though it has had rather the aspect of one of a retail character ; that is , tho country drapers havo been the chief buyers . The wholesale houses have , however , been also busy , and , generally , the markets have shown a full average of transactions . On Tuesday , and again yesterday , there was a n umerous attendance in the lialls , and a fair

    quan-In Nottingham there is a good demand for Maltose lacee . White silk edgings hang heavily on hand , there is no moving them at regular prices-, but from the number of machine owners who havo cut out their warpe , to go on with other fabrics moro in request , it is generally thought a speedy revival will take place . Many manufacturers are staining or dyeing their white silk pieces various colours ? violofc , cerise , sky-blue , Napoleon blue , groseillo , and tho like . Others are merely working tho thick threads in those colours ; but grdafc caution is required , us pieces composed of these colours lose their bloom in stock , nnd if the fashion in any way declines becomo valueless . Tho hosiery trados are in a prosperous state , especially those manufacturing from round and rotary maohines , Several of the warehouses have orders on hand that will last them until Christmas .

    tity of cloth , was cleared from the Atolls . The inquiry was principally for seasonable goods , some new descriptions of which meet with favourable . notice at the hands of the buyers , as much from the novelty of the designs as from the superior character of the manufacture . With rcBpect to the articles iu ordinary demand they do not fetch higher rates ; but both for these and for the new patterns prices Imve a stiffer tendency . The state of trade in the clotUproducing districts Is satisfactory , the mills being irell and constantly employed , and tho various departments of- the trade full of business . Indeed , stocks are now so satisfactorily worked that many

    The quarterly meeting of the iron masters of tha district of Birmingham and Wolverhaiupton was held at Wolverhaiupton on Wednesday . There was a numerous attendance of the members of the trade of the district and elsewhere , and there was a more than average number of merchants and agents from London , Manchester , Liverpool , and Bristol . It wns unanimously resolved that the prices recommended to this meeting at the preliminary-meeting should be confirmed , and that the ruling rates in the current quarter should be those which have prevailed in the latter part of last quarter . There was a disappointment in the amount of business transacted , it being considerably less than was expected . To some

    extent this may have been attributable to the . circumstance of there being no ' ¦ . speculative'purchases of iron , and an inclination on the part of consumers not to enter into heavy contracts , pending the slow progress which trade is making towards recovery . Shippers of iron are actuated ' by'much . the same- disposition . There are no largo continental orders in ; and a similar remark applies to the American trade . It must be noticed , however , that the American firms , who have an extensive connexion in that quarter , are now receiving orders by every packet ; us a natural consequence these are not largo—there being no longer the distinctive line between the spring ami fall trade , which formerly existed . It vms pretty

    evident , however , that notwithstanding the comparative quietude which prevailed , the tone of the assembly was good , and a conviction very generally existed that the trade is in a better position than it was a few weeks ago . Under-gelling of good brands of finished iron has declined , and the great bulk of the firms have sufficient orders to keep the melts and forges in full operation . Pic ? iron is rather improving in price . A good many sales of hot-bind iron took place , at from 2 s . f , d . to 5 s . per ton hi . uhor than would have been given a month afro , anil , » o far as we could learn , the demand is sulliciciit to prevent parties stacking pigs , thdugh , for the pwscnr , it is not probablo that there will bo any wl '"""" blastll 011

    to the number of furnaces in , w y ; ,, hampton factors report that the country tradeis better , and accounts are punctually paid . I no cmm > strike lias- not yet terminated ; but 1 n tho uur a west of Dudley , towards Briurloy-hiH , ^ ; " ' J returning to their work gradually . At prosci t hey are engaged getting the pits in order , am I iuIU Jji likely commence drawing in a week . I Ik uuiuu men are , it is said , disposed to accept the reductio . » , conscious of the usclessuoss of further re . Mstnna It is expected that they will go-in next wcbk . In Sheffield tlicro are analogous symptoms 01 " provemont , nnd employment is becoming nui general . Tho accounts from Amend by t > w packet arc encouraging .

    Untitled Article

    1106 THE 1 < BADE B ,. ______ [ No . 447 , October 16 , 1858 .

• Citation
  • Leader (1850-1860), Oct. 16, 1858, page 1106, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/vm2-ncseproduct2264/page/26/