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    No." 450, November 6, 1858.] THE LEADER....

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    HOME, COLONIAL, & FOREIGN PRODUCE MARKET...

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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 Trade Report. London, Friday Eve...

    vail , and without which it would be idle to hope fox any permanent prosperity in the trade . The cloth m arkets have displayed no particular change from last week . Business has not been brisk ; the sales have been somewhat below the usual average at this time of the year , but prices have been well maintained . The foreign corn trade has been tolerably active , owing to considerable arrivals from the United StatesThe wheat and flour which have recently

    . arrived are not of very superior quality , and the reason assigned is , that the liner sorts of grain com ^ niand as high , or even higher , prices there as in our own markets . The imports from foreign ports , especially of Indian corn , have been liberal , but a brisk trade has not been done , buyers restricting themselves in the provincial markets to the finer qualities . The produce markets have offered no particular feature that calls for remark . The supplies seem to be full , but prices are not in all respects very well

    sustained . The inference to be drawn from our provincial advices , and from peculiar sources of information in the metropolis , is , that trade is gradually settlinginto its usual channels ; that the late depression is thoroughly wearing off ; that confidence is showingitself in a . 11 directions ; and that in consequence of the great caution which has been displayed on all sides during the present year a brisk and profitable trade will develop itself in the spring . The shipping interest is represented in some

    quarters to be in a state of great depression , arising from the authorised competition of foreign vessels in the carrying trade . The shipowners' society of Sander-land : ' have had a meeting on the subject , at ¦ which resolutions were passed that the society should co-operate with the General Shipowners' Society of London , and with other bodies , for the purpose of agreeing upon some united plan of action , with the view of taking such steps as will carry out the principle of reciprocity by putting into operation the clauses of the Navigation Act , and placing foreign vessels on the same terms as British vessels in the

    ports of foreigners . Cotton Goods . —Manchester , Nov . 4 . —Less favourable reports of trade from Calcutta have had a depressing effect on business here , and sellers have made a concession equal to about ]^ d . per piece on long cloths , T cloths ,, shirtings , and other fabrics , A decline of £ d . per lb . on yarns , and which is general on all kinds , lias led to a . fair business , the principal purchases being for China and Germany . For the home trade very little has been done . There have been some moderate sales of cloth as well as yarn , but the market on the whole is reported to be flat . Woollen . —Leeds , Nov . 4 . —The attendance of buyers has only been limited , and but a moderate business has been transacted .

    Liverpool , Cotton . —November 4 . —There has been more doing in cotton , and the sales have been good . Prices are fully £ d . to id . per lb . lower than last Friday . Holders continued to offer their stocks freely , and prices had declined fully id . since last Friday . Liverpool , Wool . —Foreign wool continues in fair demand , and anything of a saleable character can bo readily disposed of at enhanced rates . Scotch continues in moderate request , without change in value .

    Liverpool , Metal . —The undernoted are the prices for metals in to-day ' s market : —Scotch pigiron : Gartsherrie , No . 1 , f . o . b ., at Glasgow , 21 . 19 s . 3 d . per ton ; good brands , No . 1 , 2 / . ' 13 s , 3 d . ; do ., mixed Nos ., 21 . 14 s . ; do ., mixed Nos . throe months ' open delivery , 21 . 15 s . per ton . Other iron ; merchant bar , f . o . b ., in Wales , per ton G / . 5 do . f . o . b ., in Liverpool , 6 / . 7 s . ( id . to 6 / . 10 a . ; do . Staffordshire , 6 / . 15 s . to 7 ! . ' , hoop , 8 / . 5 s . to 8 / . 15 s . ; sheet , 9 / . to 10 / . ; nail rod , 71 . 5 s . to 11 . 15 s . ; bar , best crown , 71 . 5 s . to 8 / . ; boiler plate , 9 / . to 10 / . per ton . Tin plates : charoonl , 1 c , f . o . b ,, in Liverpool , per box , 1 / . lls . ; coke , 1 0 ., 1 / . 5 s . per box . Copper : bolt and sheathing , delivered in Liverpool , lid . per lb . ; tilo , 98 / . ; tough cako , 98 / . ; best solected ditto , 101 / . pqr ton .

    Haxieax , October 29 . —We have no material alteration to report in the yarn and piece trades since last Friday's notice of the' market . Clothingwools are not equally active at present , and but a moro shftdo doarer in price . Lumps , NovisMBEit 8 . —There is . a continued activity in tlie demand for all kinds of combuig-wool , and prices for bright-haired sorts somowhat higher . The woollen trado continues stoady , and without any noticoablo change . Lkioestuu , Novembbk 4 . —Tho hosiery trade is still in a healthy condition , and a fair business is transacting at the warehouses . Confidence appears to bo perfectly restored , and most brandies of the trade aro in a satisfactory state . Material continues high hi prioe , without any sign of diminution .

    Nottingham , November 4 . —Tho lace trade rowaina in < v rory dull state , and manufacturers do not look for my irintorial change until after Christmas .

    There is very little doin g in the warehouses , most branches partaking of the depression . Manufacturers are prudently abstaining from increasing stock . The hosiery trade is still buoyant , both as respects the shipping and home departments , and prospects of a continuance are cheering . All good workmen are fully employed . Material ( both silk and cotton ) remains firm .

    No." 450, November 6, 1858.] The Leader....

    No . " 450 , November 6 , 1858 . ] THE LEADER . 1203

    Home, Colonial, & Foreign Produce Market...

    HOME , COLONIAL , & FOREIGN PRODUCE MARKETS . BEYIEW OF THE WEEK . Mincing Lane , JFriday Evening . Trade continues dull in most departments , but not more than usually so for the season , except in the almost entire absence of speculative operations . The customary closing of accounts at Christmas common ] ) ' leads holders to realise about this period , whilst the disinclination to enter upon fresh prompts necessarily restricts the buying more closely to actual wants than is usual at other times , and the result is generally tbat irregularity and lowering tendency in current values which have been the prevailing features of the present month . Meanwhile , the deliveries from warehouse continue to evidence a large and progressive consumption of all the primary articles , and augur well for the future course of the markets tjeneralLy .

    Corn . —With only limited supplies of English grain , and not more than average imports of foreign , trade at Mark-lane bas been depressed . Kent and Essex wheat declined Is . to 2 s . per qr ., but towards the close there was rather more disposition to purchase at the reduction . Prime white was quoted 48 s . to 49 s ., good , 45 s . to 46 s ., red , 41 s . to 44 s . per qr . Foreign wheat was also rather lower ; white Dantzic , 50 s . to 55 s . ; inferior , 47 s . to 48 s . ; and red , 44 s . to 45 s . ; French red , 43 s . to 44 s . ; St . Petersburg , 44 s . to 45 s . ; common Russian , 35 s . to 37 s . per qr . The top price of town-made flour was lowered 3 s . per sack , making the present quotation 40 s . Country marks are also lower ; best , 33 s . to 34 s . ; seconds , 30 s . to 31 s . ; Norfolks , 28 s . to 29 s . American being scarce ,

    commands 25 s . to 26 s . for best brands . Barley meets a moderate inquiry at about late rates . The business in malt is confined almost exclusively to choice qualities at about steady prices . Arrivals by Eastern Counties -Rail were 6688 qrs . against 5715 qrs . delivered . Beans are purchased sparingly without change in value . Peas have been in slightly better demand , in consequence of the lower temperature of the weather . Th « market Js still well supplied with oats , but with a better demand prices have rallied Is . per qr . on Danish , and Is . to Is . fid . on Swedish . To-day a considerable business was done in floating cargoes at 40 s . to 43 s . for Taganrog Ghirka , and 44 s . for Marianople wheat , 27 s . 2 d . for Ibrail , and 28 s . to 29 s * for Odessa and Galatz maize . LOSDON AVERAGES . Qrs . s . d . Wheat 3 ( 343 at 45 3 Barley 2296 „ 3 G 10 Oats 984 „ 23 1 Bye — — Beans 361 „ 37 4 Peas 69 „ 40 8 week ' s ahrivals . English . Irish . Foreign . Wheat ... qrs . 2140 — 10 , 950 Barley „ 1990 — 6430 Malt „ 440 — — Oats „ 950 4-UO 51 , 960 Flour , sacks 1880 — 2880 Ditto ...., brls . — — — Seeds . —Clover seed is . inactive ; a few samples of now are on oner . Canary declined to 74 s . to 80 s . por qr . Winter tares scarce and dear . Of linseed the arrivals aru 8700 qrs . from the East Indies , 1250 Black Son , and 1700 Archangel . On tho spot , 55 s . to 6 ( 5 s . taken for Bombay , 51 s . for Calcutta , and 58 s . Patna , The Archangel ia inferior , and goes to gronnry for want of demand . Black Sea off tho coast offers at 50 s ., deliverable U . It , but 48 s . to 49 a . are tho buyers' torms . Rape seeds aro a shade lower , fine Calcutta 54 s ., fine Bombay 62 s . to 02 s . < Jd ., inferior to mid . 448 . to 56 a . Oil cakes are difficult of sale , best bag cako offered at 10 / . 5 a ., brls ,, to 10 / . 10 a ., and Westerns i )/ . 5 a . person . Potatoks . —Tho supplies aro generally short , arrivals being principally by rail ; prices ai-o consequently firm , although trado is not ovor brisk , ami easier rates are anticipated in tho course of tho next throo wooka . York ltogents sell at 75 s . to 95 s . ; Scotch , 70 a . to 90 s . ; other Home Regents , 70 s . to 95 s . ; Shores , 60 s . to 70 s . ; French , 60 s , to 65 a . ; Belgian , 56 a . to 60 s . per ton . Hops . —Tho official duty is somewhat under expectations , being 254 , 000 / . This has tended to give a slightly firmer tone to tho market , but business ia still luuctivq . Mid and East Konta , choice , 80 a . to 12 . 0 s . ; pommdn , 65 s . so 80 a . ; ' "Would , 00 a . to 56 s . and 78 a . ; Sussex , 45 s . to 48 s . and 60 s . ; Famhain 70 a ., to 105 s . ; Country ditto , 65 a . to P 5 a . Stock . —The supplies of live stock have increased , and , tUo trade being anything but br ^ ls a , xathor

    considerable proportion was left unsold . Beef of really prim quality brought former prices readily , but inferior de scriptjons were dull of sale and irregular in price Mutton was a steady sale in the early part of the week but less disposable at the close . The veal trade wa especially dull , and prices 2 d . to 4 d . lower . Prinn small porkers brought late rates , but coarse heavy pig / were cheaper . ' ' . ¦ " m Monday .

    Beast . Sheep . Calves . Pigs-5 , 688 22 , 253 109 700 4 s . Od . to 4 s . lOd . 4 s . 0 d . to 5 s . 0 cl . 4 s . Od . to 5 s . Od . 3 s . 4 d . to < ls . 2 d . Thcbsdav . 1 , 200 4 , 150 212 180 4 s . 0 d . to 4 S . lOd . 4 s . 0 d . to 5 s . Od . 4 s . Od . to 4 s . 8 d . 3 s . 2 d . to 4 s . 2 d Pkovisions . —At Newgate and Leadenhall the supplies of country killed meat are large , and trade slow , a ( rather lower prices for any but best qualities . Beef 2 s . 8 d . to 4 s . ; mutton , 3 s . to 4 s . 2 d . ; veal , 3 s . 8 d . t < 4 s . ; pork , 3 s . 4 d . to 4 s . 8 d . per 8 lbs . by the carcase Irish butters have sold . steadily at 106 s . to 110 s . foi Cariows , and 90 s . to 98 s . for Limericks . Foreign advanced to-day to 118 s . to 120 s . for fine Friesland Irish bacon is Is . to 2 s . dearer ; Waterford , 54 s . to 56 s . per cwt .

    Sugar . —Considering the increased supplies brought to auction , the market lias shown a good deal of strength , the decline in prices having been but partial . West India descriptions have sold at late rates to 6 d . reduction ; Mauritius at G & . to Is . reduction . ; Siam at slightly easier rates ; and grocery Penang at full prices to 6 d . advance . The deliveries are satisfactory , and the stock contrasts much less heavily with that of last year . West India . —The sales of the week are 1797 cks ., including low to fine yellow , Barbadoes at 35 s . 6 d . to 44 s . 6 d . ^ Crystallised Demeraras at 43 s . 6 d . to 46 s . 6 d . per cwt . Mauritius . —7181 bags were chiefly sold at and after public sales—low to fine brown at 32 s . to 37 s . 6 d . ; low to good yellow , 37 s . 6 d . to 42 s . per cwt . Bengal . —Q £ 6700 bgs . offered , about 4000 sold , grainy at 49 s . 6 d . ; Sirops , 45 s . to 46 s . 6 d . ; low to good

    yellow Gurpattah date , 39 s . to 42 s . per cwt . Penang . — 7224 bgs . suitable for grocery purposes sold with spirit at 36 s . to 39 s . ; for mid . to f lie brown , 36 s . to 39 s . ; and low to fine yellow , 39 s . Gil . to 45 s . per cwt . Foreign . — 2100 bgs . Siam , part sold at 44 s . to 44 s . 6 d . for good and -fine yellow ; 500 hds . Porto Rico , mid . to fine brown , 34 s . to 38 s . 6 d . ; yellow , 40 s . 6 d . to 45 s . 6 d . ; 4703 bgs . 50 cs . Brazil were bought in Pernambuco at 45 s . 3 d . to 49 s . 6 d . ; Bahia , brown , 38 s . 6 d . to 40 s . ; yellow , 4 . 5 s . to 47 s . per cwt . Of 4370 bxs . Havannah , about half sold : brown , 38 s . to 40 s . ; yellow , 4 ls ^ to 45 s . 6 d . A floating cargo low white Bahia sold for Gothenburg at 20 s . ; insurance ft p . a . Melado . —BOO casks have sold at 31 s . to 35 s . per cwt . Refined . —A moderate business ha 3 been concluded at about late rates . Brown lumps , 52 s . to 52 s . 6 d , ; titlers , 53 s . per cwt .

    Coffee . —The market is dull , and Plantation Ceylon kinds have sold on easier terms , but rather large supplies of fine East India have sold with fair spirit . The clearances progress satisfactorily , and the stock is now 700 tons less than last year at this time . The October deliveries in Holland were 126 , 000 bags , leaving 185 , 000 out of the last sales to meet the requirements of the next four or live months . The-Continental markets are however dull , and have an adverse influence on the markets here . The principal business of the

    week comprises 1283 bgs ; Cannon ' s Mysore at 80 s . Gd . to 89 a . 6 d . for smallish to good bold well made ; and 70 s . Gd . to 73 s . Gd . for other grades ; 970 bgs , Mimzerabad at 73 s . to 79 s . 6 d . for bold pale ; 500 bgs . other East India at 87 a to 89 s . for long berry Mocha ; 55 s . to 56 s , for greyish Java ; and 60 s . to 06 s . for Malabar and Mysoro kinds ; 200 clcs . Plantation Coylon at irregular prices ; and two floating cargoes , tho one 8540 bgs . Rio at 41 s . 9 d ., the other , 2880 bgs . Santos at 42 s ., both for near ports .

    Cocoa . —495 bgs . Trinidad sold cheap at 50 a . to 52 » , 6 d . for grey , and 54 a . to 65 a . for mid . to fine rod . Tka . — China letters have comfirmed tho telegraphic reports of 9 , 000 , 000 , to 10 , 000 , 000 lbs . deficiency in the shipments , but allude to some vnguo accounts of rather important siipplios ^ in tho vicinity of the shipping ports . Tho news has however little effect on tho market , which is dull , tho regularity with which public sales aro brought forward inducing tho trade to reserve their purchases for such opportunities . Auctions aro already declared for Thursday next . Common Cogou is quoted stoady at 10 < td . to lOijd . por lb .

    Sago is doarer , 670 bla . realising 20 s . 6 d . to 21 a . for largo grain , small being hold at 19 s . por cwt . SAiiTPKTnE . —Calcutta letters , referring to short supplies , caused a temporary firmness oarly in tho weok , but sales being forced , prices have since given way 2 a . to 8 s . por cwt ., and are now 6 s . to 7 s . under tho hiyliodfc point . Bengal refractory , C to 4 por cent ., sold at 89 a . Gd . to 41 s . Gd . per owt . Jute . —5900 bales have sold at etoady prioos . Common to good , 16 / . * 5 . to 19 / . * 0 d . ; , with email assorted lots , 20 / . to 21 / . 10 a . por ton . , . iiicMp . —St . Potoroburs dean ia i » moderate roqtfust , "' fiSJi .-S . iqo tho delivery of tho China muUa forced sales have boon mado at I * , to U . 0 d . » or lb . uooHao .

• Citation
  • Leader (1850-1860), Nov. 6, 1858, page 27, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/cld_06111858/page/27/