On this page

• Text (6)

  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.

  • 

    Untitled Article

  • 

    Untitled Article

  • 

    Untitled Article

  • 

    Untitled Article

  • 

    Untitled Article

  • 

    Untitled Article

• Transcript

  • 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.

    Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.

    Untitled Article

    season , although this result has certainly been brought about more by the caution of manufacturers in ma king additions to them than by any very extra demand during the past few months . The state of credit generally in this market is very satisfactory , and there are now none of the unpleasant rumours afloat which so embarrassed manufacturers about this time last year . The local wool trade has presented a rather brisker appearance during the week , several of the larger manufacturers having been in

    the market . Low goods still sell slowly . In Halifax all the letters at the beginning of the week reported a better feeling , spinners finding orders plentiful , yarns for the home market being in special request . Manufacturers ! , particularly those who make fancy goods , are quite busy , and there is even some improvement as regards prices . This brisk state of things has had its effect upon wool , which is held very firmly at late rates ; indeed lustre sorts are in some cases a shade higher .

    ticularly in the cabinet branches , are more active . With regard to Wolverhampton , there is an increased demand for iron . Generally tliere is more activity in the district . A great number of the colliers who have been on strike have returned to their work , arid although there are still some pits at which operations have not been resumed , it is believed that the strike will gradually die out . In Sheffield , notwithstanding a scarcity of employment in some branches , most establishments are moderately busy . There is an increasing demand for American and Indian

    common cutlery for the markets for which the manufacturers have been enabled to obtain advanced prices . There is a marked improvement in the steel and other heavy branches , and in the saw , file , and edge-tool trades . Prospects are certainly promising , though it is perhaps only in comparatively few instances where the maiiufacturers have more orders on hand than are sufficient to keep their workpeople fully employed . It is a great thing , however , to have a constant supply , which is the case now . The strike of Lord Fitz-¦ william ' s colliers has unsettled the coal trade , but it

    is Loped that it will not be protr acted . Thus the general features of the iron and hardware trades are satisfactory , and there is every prospect of further improvement .

    In Rochdale the trade in flannels of all descriptions continues very active , particularly in the finer class of goods . Domestics , unions , and fancy goods also command a good market . The heavier class of flannels have also a good sale for the home trade , but for export the trade is limited . The trade in linsey-woolseys and Yorkshire goods in general is comparatively quiet , but nevertheless such as to keep machinery well employed . Merchants are now

    compelled to limit their purchases or to give advances for fresh orders . Wool is more inquired for . Staplers are indifferent sellers except at a slight advance , which in some few cases has been obtained . This demand is made by some in the full assurance that priced for most sorts of wool will rise . New skins are dear , while old ones are almost bought out . Many staplers allege that their stocks are light , and that to replace them higher rates must be given . and Leicester is

    The hosiery trade in Nottingham good , particularly for seasonable descriptions ; and the glove branch is daily becoming more active . Fancy goods remain in moderately good demand , and altogether business is healthy , while manufacturers are expecting a good steady trade for sonae time to come . The lace trade is depressed , but the manufacturers are abstaining from making stocks and they are looking for a reaction . In Nottingham , the

    the export demand for hosiery is very good ; men employed in the rib branch have obtained an advance in price , as there i $ a difficulty in procuring hands . "Altogether , " says a correspondent upon the spot , " the hosiery trade is in a highly satisfactory condition , the operatives getting good wages . The linen trade shows no material change from the description given of it in our last . Flax is still scarce , but prices remain the same . the

    The silk trade is not affected by advancing tendency of the raw material , the demand being , in most cases , nearly equal to the supply . From the Staffordshire potteries the accounts are crood InNorwich the shoe trade , is good , and placards are constantly being exhibited to the effect that additional hands are required . In the manufactures of the town there is an improvement , as the number of unemployed weavers is less . Indeed , trade generally is better throughout the eastern counties , though the fanners are complaining of the low prices they obtain , for their wheat and other produce . Flax works are about to be established at Gainsborough . __ _ x _ districts the accounts

    From the iron and hardware are again favourable , though the improvement is not , perhaps , so decided as the expectations of many had fed them to hope . «? It is generally admitted , " says one letter from Birmingham , " that there is much more business doing than there was a couple of months ago , and that prospects are better ; and it is not anticipated that there will be any material change for the rest of the quarter . The improvement that ; has taken place will be maintained , but for a very brisk trade we must wait until a little before spring , by which time foreign orders will be large . " Tenders have been invited by the Norwegian Government for the" supply of 9000 tons of rails , and for foreign railways generally there is a good and increasing demand . Holland promises to be a good

    customer next quarter . The American orders , by last mail , were light , and of a character to indicate that they do not go oauch beyond immediate requirements . It is probable that this will be the feature of the States and some other brandies of . the foreign trades until the spring . With Canada the trade this autumn lias been nominal , chiefly in consequence of the continued scarcity of money in the pro vine . There have been a few more orders stirring of late for the South American markets , and in some departments of the continental trade rather more activity has been manifested . The Russiani orders this season have been considerable ; more' so . tthou fpr Weral years , but this branch will eoon close owing to the stoppage of the navigation by ice . At the lame tiwe sovowl of the largest firms have oraew in hand which will occupy them for several months to pome . The braes founders , par-

    Untitled Article

    A general meeting of the London and South-western Company was held on Wednesday , for the purpose of considering the recommendation of the directors to lease the Staines and Wokingham and the Portsmouth lines . The proposition to lease t he Staines and Wokingbam lines was agreed to without opposition , but that -with regard to the Portsmouth line created a lengthened discussion , the chief ground of objection being that it would lead to a collision with the Brighton Company . Against this it was urged that if matters were left as they were the South-Eastern Company would step in and extend their line to Southampton . The proposition was ultimately carried by a large majority .

    At the adjourned meeting- of the West London Company the report of the committee appointed in August last was adopted , and it was agreed to declare a div-ir dend of . 5 s . per share oh the first-class shares in respect of arrears due to the holders thereof . On Monday a public" rneeting was held at Morpeth to promote the new line of railway projected between that town and Bellinghani . Sir Walter Trevelyan Occupied the chair . The meeting was addressed by the Earl of Carlisle , the chairman of the North British Railway , and other gentlemen . The meetiug pledged itself to promote the railway by every means m its

    already expressed opinion of the hopeful prospects of the undertaking . After considerable discussion the report was adopted . . The annual meeting of the Deeside Company was held on Tuesday at Aberdeen . Resolutions adopting tha report , declaring a dividend of 5 per cent ., and re- electing the retiring directors ,, were carried ... At the last half-yearly meeting of the Soufch-Eastern Company the Hon . J . Byng made some startling statements respecting the excessive rates levied upon the railway in the parishes through - which it passed , amounting in some cases to as much as 75 per cent , of the entire rate ! Since that time the directors have been endeavouring to obtain a reduction in the rating of the railway in several parishes in Kent and Sussex , and have met with great success . In one parish the rate has been reduced from 200 ? . to 501 . per mile .

    power . The half-yearly meeting of the Peebles Company was held at Peebles on Tuesday . A dividend at the rate of 5 per cent , on the preference and 24 per cent , on the ordinary stock was declared , and the retiring directors were re-elected . The directors were authorised to issue debenture stock to the amount of 32 , 000 / ., at a rate of interest not exceeding A per cent , per annum , in substitution of an equivalent amount of debenture bonds . A public meeting was also held at Peebles on the same day for the purpose of forming a company to coustruct a line down the Tweed from Peebles to Invcrleithen . It was stated that the length required waa six miles , and the estimated cost would be 30 , 000 / . A committee was appointed to take steps for organising the company .

    , The contractor for the Redditch lino is bound to have the line complete and ready for opening by the 1 st of August next . Considerable progress has been already made in the works , and the utmost confidence is entertained that the line will be complete and opened at tUo appointed time . . , ¦ . An experimental line , which was laid down about six months ago by the Permanent Way Company on a part of the Greenwich Railway near tho Commercial Docks , was inspected a few days ago and found in a most satis-. feq dLnOT * waa given to tho now manager of the London and North-Westem CompanyMr . W . CawkwoU late

    , maiiager of the Lancashire and Yorkshire Railway ) , on TuSy evening , at tho Clarence Hotel , Manchester , by W Vh \ Vl ? iaTf-yea n r ] ly meeting of tho East India Kallvay OoraAny w « f 8 held on Thursday . Mr . Crawford , the cffiK rf the board of directors , m moving the adoption of the report , observed that it gave a very Sfttisiaotory statement of tho company ' s position . Some S the works wore Btill delayed by tho Insurroo iou hi India , white others had been entirely abandoned , but whorovor they could bo pushed on not a day had been Jost , so long as tho means for transporting mutoria could be found . Durlntr tho past yoar tho company had

    oponpd for public troffldTl-W mllos of railway , anu Tory shortly * n addition of twenty-two further miles would bo inado to that total . Up . to tho present tlmot lie / traffic upon tho railway already open would ylokl a return upon tho outlay of at least 7 * por cent ., « nd , on tho whole , tho directors had no reason to alter tuelr

    Untitled Article

    The Lucca and Pisa Railway . — -This line , with its stations , engines , and all that is required for the daily exercise of the railway , is advertised to be " sold by auction , " Lucca , on the 9 th of December next * The Egyptian Railway . —There is now not above ten miles of the Egyptian railway unfinished . When it is completed , the expense of conveying the India and China mails will be reduced 20 , 000 £ . a year . The sum paid by the Admiralty for conveying seaborne mails is at the present time 1 , 040 , 940 / . a year . Appointment . —We ( Aberdeen Herald ) understand that George Reith , Esq ., the present able secretary and general manager at Aberdeen of the Scottish North-Eastem Railway , has been appointed to the management of the Grand Trunk Railway in Canada . We have heard the salary stated at 2000 / . Railways in Algeria .- —The Paris correspondent of

    the Times says : — " Tlie rich and extensive province which lies at the gates Of France has hitherto been forgotten or neglected . A change , however , seems now to come over the spirit of the Parisian speculators , especially since it became known that English capitalists were in the field . Sir M . Peto expended , as I am informed , some 12 , 000 / . or 15 , 000 / . in the survey of the country between Constantine and Philippeville , and is a competitor for the concession of a railway between those two towns . Messrs . G . P . Bidder , Edwin Clarke , Wyth . es , and F . Ommaney , came here a few days ago , to obtain an audience with Prince Napoleon , relative to the concession of a railway from Algiers to Oran . On

    account of the indisposition of Prince Jerome the audience did not take place till Friday last . In the mean time Mr . G , P . Bidder was obliged to return to London , and his place was taken by Sir J . Paxton . These gentlemen were received by the Prince at the Palais Royal . Besides the English competitors for tho concession there are several private ones , the chief of which are said to be MM . Pereire , flliros , and Rothschild . M . Paulin Talabot , who has recently undertaken the working of a rich iron mine , is also , 1 believe , among the number . M . Mires , 1 am told , has offered to deposit 50 , 000 , 000 f . caution money ; and M . Pereire , it is said , will be aided by a great London house . "

    Untitled Article

    REVIEW OF THE WEEK . Mincing Lane , Friday Evening . Inactivity is still the prevailing feature in these markets , and , as usual under tho circumstances , prices have , in some cases , had an inclination in tho favour of the consumer , but in general thero is a continued freedom from anything like depression . The Board of irauo Returns pgain boar satisfactory evidence of a progressive trade throughout tho country , tho consumption ot most of the primary articles being well sustainod . Money continues abundant , and tho easy condition of the discount market facilitates the advancement or legitimate trading , but still fails to induco speculation in any material degroo . _„ . . _ rfc

    Cokn . —The supplies of English wheat at Mn-lajio have been small , but more than adequate to tho uomand , and former prices have bean obtainable only on tho choicest descriptions . The imports of Foreign grain have been largo . Fine old whout U hold firmly , hut now cannot bo placed except on oaslor tornis . xno quotable chango lms taken place In tho valuei ol uow , but tho trado has ruled exceedingly dull . India" co » n » of which arrivals nro expected shortly , has a droop t , tondoncy . Malting barley brings lato rates , but grm - ing samples are Cd . to Is . lower . Malt continues ill moderate roquoat at former prices for boat q" «"" % English potts « ro in limited supply , but tho li » i > or * « J foreign have inci-euBod 5 tho luttor . lmvo in conwuquoauj declined Is . to 2 « ., lino boilers ottering at 41 s . la - »• por or . Soaroolyany change eau bo quoted on iw » J » but to sell lower rutqu would have to bo taken . *» imports of foreign oats have boon considerab 1 « , « . » decline of -U . i % v qr . has followed , at which * fllu <» t ° fair extent have been ofloctocl .

    Untitled Article

    RAILWAY INTELLIGENCE .

    Untitled Article

    n 1 I 7 A THE LEADER . [ No . 449 , October 30 , 1858 . ., ll / v ¦ ... ¦' - .. ' ¦ ' . .. —— ¦ -- ~

    Untitled Article

    HOME , COLONIAL , & FOREIGN PRODUCE MARKETS .

• Citation
  • Leader (1850-1860), Oct. 30, 1858, page 1170, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/vm2-ncseproduct2266/page/26/