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Leader (1850-1860), 23rd October 1858, Edition 2 of 2, Page 26

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      General Trade Report. London, Friday Eve...

      and prices are fully maintained ; The clothiers in the distriet continue busy , and the other branches of trade are correspondingly benefited . Stocks do not accumulate to any extent . The other branches of business are also pretty active , the tool and iron trade "beginning to' recover a little , although the locomotive trade is still dull . The yarn spinners of Halifax and the neighbourliood have been supplied this week and last with rather extensive orders from the homo trade ; but export transactions have been more limited . They have , too , obtained a slight advantage over the staplers in a slight reduction in the price of long ¦ wools , particularly in Lincoln fleeces , which cannot be moved without some concession . Many of the staplers , however , remain very firm .

      At Huddersfield during the week there has been a full average attendance of London and country buyers , though business has not been so active as it ¦ was a month or two ago . Wool-black doeskins , at and under 4 s . per yard , are very scarce , and piece dyes about the same quality , are selling steadily . Low brown and grey union cloakings , under Is . 2 d . per yard , still sell readily , and few are now in the market . With this exception , however , the low goods trade continues very quiet , and there does not seem to be any near prospect of a revival in the shipping trade , upon which it chiefly depends . Unusual caution is now being exercised by buyers from wholesale houses , and others , in the selection of their purchases : these being for the most part limited to

      the extent of orders in hand . Business in the warehouses during the week has been very quiet , and stocks of goods in the merchants' hands are upon the increase , in spite of their caution in making additions to them . The fancy coating trade continues very brisk , and large quantities of this class of goods are being regularly delivered to order from the various manufactories in the district . Silk mixtures are being again asked for , as also plain crapes and venetions . The local wool trade continues quiet , with small parcels generally selling . Stocks in the staplers'hands are not larger ' than- usual for the season . Manufacturers , with some few exceptions amongst the"larger houses , are not keeping stocks of wool on hand just _ now .

      The Bradford letters describe firm prices for wools , and a demand for . nearly all descriptions . Noils , and brokes continue in request , and stocks are not accumulating . As far as respects . worsted yarns , the inquiry is less active , except from the home trade , and the spinners have assented to a trifling concession in prices . This is attributed to certain heavy contracts for the Russian market having run out . A renewal , however , is expected . In cotton yarns the business has been limited , manufacturers

      working . out the stocks they purchased some tiine ago , and holding back from further purchases in the hope of the spinners making some concession . At present there is not much prospect of this , the character of this market riot being regulated exactly by that of Manchester . A good business has been done in prices without much bustle . The markets , indeed , may be best described as quiet and sound , with a fair business in winter goods , and also for spring descriptions in cases where the manufacturers have accepted the prices offered .

      The woolstaplers who attend tho Kocliuale markets have not , this week , been at all anxious to press transactions ; consequently we have no change to report . They arc waiting for the result of tho London sales the first week in November , when they expect there will bo a further advance in prices . Cases , however , have occurred in which lower terms have been conceded . They were , we are informed , special and exceptional . The flannel manufacturers are fijlly employed , and have orders on hand to keop their looms active up to Christmas . Mixed goods are in moderate demand . Linseys and heavy goods have gone off less briskly , probably in consequence of the weather having been warm ; h \ it if wo havo anything like a severe winter there will bo important inquiries for these ariiclos .

      The linen trade . of Belfast remains good , but without further improvement . In handlooui descriptions , drills and djapoia are without duuige , but stocks are small and prices firm . Printing lawns in fair request at late rates . Qambric handikerchiofs unaltered . Light linens ibr bleaching ;— . Owing to the continual ftrmneafl of waaufaoturera , whose stocks are . spiall , but a trifling bneineae haa been done . Considerable inquiry exists ; afc prices slightly below present lists . Goods for dyeing and for Hollands in

      fair demand at full prices . Heavy linens continue dull owing to the flrninoss of manufaatuvora . Stocks small . Powerloom drills -are very Armj « oi » e qualities are- orerwold . Heavy linens in madexato demand at latorutoej stocks very bjuoJJ , and income cases manufacturers have considerable orders before them . For light linens ibr bldnuuing , ithe ( demand continues limited , owing to thokndVanoc already noted ;; holders fliun , and stoc s light . Printing lawns and cambric . handkerchiefs unaltered

      Stocks of roughs are small , and for some favourite marks buyers have contracted for November production at a further advance of £ per yard . Unions without alteration ^ Except in a few cases where large purchases were lately made , in anticipation of the late ' advance in price , stocks with bleachers and merchants are very small . The trade generally continues healthy , and goods are firmly held for full rates , as they cannot now be produced , even at the present advanced prices . AdViees from New York are better . They report that , with a very small importation , a larger nmcnmt of goods is withdrawn from bond for sale than for a great length of time . Very small stocks of linen goods are shown , and the demand is improving . In yarns there is no change either as regards the home or the export trade .

      The linen trade of Dundee , is quiet , with firm prices . The price of flax is unaltered , though several foreign arrivals have taken place during . , the week . Tho silk trades of Macclesfield , Coventry , Manchester , Congleton , and elsewhere , remain pretty good . The periodical public sales took pluce yesterday . The quantity brought forward was about 2500 bales Bengal silk , and 5000 bales China silkchiefly old silk . As usual tho whole was passed rapidly without biddings , but some fair business has been doing by private contract—the in-icos of these old silks being still far behind those paid for the usual importations of this season ' s silk . The Staffordshire Potteries are fully employed . The colonial demand for ware keeps up with , great regularity .

      The reports from Birmingham and the surrounding districts are , this week , generally favourable though in particular branches there is still a con siderable degree of depression . But the general tone is one of increasing ease and confidence . Orders are perhaps not actually accumulating , but there arc sufficient to keep the manufacturers well , employed and even to extend their production . The domestic trade is extending , particularly in respect to orders from the agricultural districts , and accounts are being well got in . American buyers have been visiting the warehouses , and weekly steamers bring increasing orders . The trade therefore with the United States is improving . Some of the branches

      connected with Australia arc dull , owing to the advices this week having discouraged exports ; still there is a fair amount of production going on for these markets ' . The South Staffordshire iron trade is unquestionably improving . Tile principal orders are for immediate consumption—a fact which indicates that stocks are generally low , and that a considerable period must elapse before there can be any accumulation . In best hot-blast pigs the consumption * is more than equal to the supply ; still , up to this week , no additions had been made to the number of furnaces in blast . This , apparently , is an anomaly . It is , however , a real advantage , for it may be accepted as an unquestionable proof that the trade is

      sound , and that there is no disposition to rush into that speculative production which increased the number of furnaces far beyond honu fide requirements . This description applies in all respects to Wolverhampton and the districts surrounding that town . The accounts from Sheffield uniformly testify to a marked improvement in the demand for cutlery , particularly for the American market , and also for general steel goods . Silver-plated articles arc also in good demand—a circumstance which may be taken to indicate that the country generally , and especially the middle and upper sections of the operative classes , feel themselves justified by their circumstances in indulging in the purchase of articles of simple luxury .

      2138 The Lead E E>, (No. 448, October 23...

      2138 THE LEAD E E > , ( No . 448 , October 23 , 1858 .

      Mail Steam Paokkt Links.—Tho'mnll Subsid...

      Mail Steam Paokkt Links . —Tho ' mnll subsidy received by the Peninsular and Oriental Company is 244 , 200 / . a year . It is expected that tho sum which the company will x'eceivo for carrying tho Australian mails will augment their subsidy to something liko 480 , 000 / . a year . Hitherto tho Royal -Mail Company have had thp honour of being tho largest rocelvors of mail subsidy , they having for some years boon { jotting 270 , 000 / . a yoar . Tho distance of tho mail route bctween Southampton and Buonoa Ayvos ia G 411 milofi . Thoro are six stoppages on that lino , tho lime allowed ia 87 days , and the average Kneed at whioh tho mail id

      conveyed is 71 miles nn hour , "i ho distance between Tnmpico nml Southampton is BGG 8 miles , tho stoppages ( ubq three , the , time allowed 27 days , and tho sworn go speed 6 £ miles an hour . The distance between Hong-Kong and Southampton is 0024 miles , tho atoppngc' 3 eight , the time allowed 51 day « , nml tho nvorugo speed 7 $ - tnilos an hour . The distance between New York and Livorpool is 8000 miles , 1 # ioro aro no , stoppages , tlio time allowed ia 14 days , ahel tjio av . orago speed , 14 'tnilcq , an hour . According to the new Australian contrftot tbe distance between Southampton and Sydney is 18 / 678 mllop , the etoppagos nre > 0 , tho time allowed & B days , and tuo average speed 0 ^ miles an hour *

      Home, Colonial, & Foreign Produce Market...

      HOME , COLONIAL , & FOREIGN PRODUCE MARKETS . . UK VIEW OF TUB WEEK . Mincing Lsuio , Friday Evening Trade progresses slowly , but steadily . . An occasion * , activity id observable in some of tlio leading marketbut it is not of long duration , and the prevailing fcattr ' is rather a want of animation . There its , however no want of stability . As a general ride , current values ' a re free from fluctuations of any moment , and in manvc . ises have an upward bias . Where any declension docs take place , it is usually slight , and in no way partakes of the character of absolute depression . The advices from uro-( Hicing countries confirm the previous anticipations of an average 3-ield of most of tlie prim . irv article -. Coun . —The supplies of English grain at Mark-Line this week have been short , and factors have demai : led Is . per qr . advance , which they obtained on all choice samples ; prime new white bringing 50 s . ; choice old , 52 s . ; select red , 4 Gs . to 48 s . ; fair , 44 :-. . to 45 s . ; amj common , 41 ? . to 42 a . per qr . Foreign wheat , of whkL the imports have been moderate , was firmlv held , some demanding from Is . to 2 s . advance , Lut on these terms it was difficult to get on . The current rates were 05 =. to 5 Us . for choice Dantzic ; mixed , o 2 . « . to Oo-s . ; lirabant Louvahv white , 45 s .-to 50 ^ . ; French rei , 1 is . to 4 os . ; fcjt . Petersburg , 40 s . . to 42 s . ; common lUissian , 3 Gs . to 38 : ? . per qr . In flour very little change lias occurred , but the bias of the markets has been hi the selK-r ' s favour . The top price of Town is still 43 ; .: Town household ? , 35 ? . ; No . Twos , 02 s . to 33 s .: Counlrv , 83 s . to 34 s . ; Norfolk ? , 81 s . to 32 s .: Frcncli , : ' - " .. ? . to 38 s . ; American .. 25 s . to 2 Gs . for best brands , and 21 s . to 24 s . for others . The arrivals by Eastern Counties Rail were 11 , 158 sacks against ll , t > t > l sacks di'Iiyere-. l . Choice malting barley is still iu good current domanJ , at extreme prices , ranging up to 45 s . per qr .: infcr . v . r malting qualities arc worth 35 s . to SUs . ; grimii : ! . ; - i ! e- _ sciiptions are in steady request ; good Turkish a : il Odessa at 26 s . to 27 s . ; ¦ good English at . 2 U > . ; clti . e old mace malt is firm and priced at 7- ± < :, but . 1 : 1 \ v is rather cheaper , and cannot bo-quoted over 71 s . l'riiv . e ship samples command a steady sale at (>( is . to '> £ =.. lut inferior qualities hang 011 hand . The arrivals l > y ilia Eastern Couirties Railway have been 73 . J 1 qr . s ., and c ! io 'deliveries 5785 qrs . Beans meet with but a limit i-d demand , but best samples are firmly held and reali-e l ' all prices . Peas for feeding have be-. 'ii ia moderate request only , and are slightly cheaper , but good boilers liavo brought full terms . Gats have been more firmly I .-Id in consequence of the more moderate supplies at market , but buyers hold off in expectation u ( fresh arrivals , the quantity on the way being large . Prices havo . not undergone any change of moment . The provincial lUMrketa have , in most instances , exhibited similar feature to Mnrk-lane . The accounts from the Continuit y till bring lower prices generally , and from tin * T niie-. l States heavy and declining markets aro also advise ! . LONDON AVICItAGES , Qvn . s . d . Wheat 3575 at , 44 li Barley i > UG „ 38 11 Oits 2041 „ 24 0 Kvo B . ans 2 i ) j „ « 7 11 Pens ai „ cy . 10 WBKk ' s AKrtIVAI . 3 . English . Irish . Foivu ' ii . Wheat qrs . 21 . 'JO — 77 JJ Barloy ,, 14 t » i ) — J " ° Mult „ 11 * 0 — — Oats „ JS 20 2 J 50 L' 7 , 000 Flour , sneks 131 ) 0 — 7 l ' Ditto brld . — — 1 " Sheds . — Tho arrivals oflinsced lliia week are VQ ~>» y * - from the East Indies . Prices nro rather cnnioi-, nny oWto C 7 s . for Uombiiy eeod , and 53 * . lo & 4 # . fur C / ik'iiit . x . Taganrog of indifl'oront quality , lying nt l- ' alniouih , ha * boon sold for 51 s ., dolivorublo here , without alk'wnnco for condition . Culouttu to nrrivo , including bngfl , cnnv . ot bo quoted ovor 61 s . 1 ' tnposeod ia less in domniid i Cn .-cutta oiTaviid at o 5 a . to />«« . ; Jlombay ( jluv . ornt , < i . ' ! n . ^ 04 s . ; Forozoporo and Scindo , 47 a . to 57 # ¦ i 'l '^' lll J Soaamo , 50 s . to Gls . black , and 52 » . to Cflrf . wlnU ' '" J cukes aro in limited request ; host American in L' ; io M ofl ' or nt 10 A 10 s . ; Western in bnga , f >/ . 10 s . P 01 ' " - ,. . Potatoes . —There have been moilornto iiitiviih ^ French , but tho homo Hupplloa aro oxuoodln ^ ly « hut , and ( ho domain ! boin # pretty good , hiyhor prices nayo boon reiuiaod . Ko « o » l 6 , HQu . to V 5 d .- \ middling . i > " *' to < JOs . ; I'Vonoh , ( l ( Ja . to C 5 s . per ton . Stock Tlio supplies of live alock hove boon Hi . 1 / up to an avorau-o , and trado oxcoocllngly heavy . I ni »« bruocle of both boast and ahoop , Jiaving « omprtst'ii urn small-proportion of tho numbers at markot , hiivo iw » protty well supported In value , but Inferior havo oo « n oxooodinKly diniculti of salo , ar id pilqoa liavo In > u'ni * y nil cnBoa glvon wi » y inoro or losa . At luumw ) »

  • Citation
    • Leader (1850-1860), Oct. 23, 1858, page 26, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/cld_23101858/page/26/