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TSTo. 452. November 20, 1858.1 THE LEAD1...
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HOME, COLONIAL, & FOREIGN PRODUCE MARKET...
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Tun SmrPtNO Interest.—The General Shipow...
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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 Thade Ue^Obt. London, Friday Eve...
understood that the leading houses are well ^ upp lie with orders , honie and foreign , and by the > com bined action of prudence and remunerative prices , ] is hoped that the trade generally will soon find ltse in a more healthy and prosperous condition . JN one appears to anticipate any reduction in presen prices during the winter , the prevailing impressio ; being that prices will be firmly supported , and tha an advance will take place in the spring . The onj drawback to this satisfactory aspect of things is t < be found in the existence of strikes and difference between masters and some of the colliers who worl at the coal mines east of Dudley . Coal is a larg < ingredient in the ultimate co st of iron , and of coursi it is essential that coal should be sent to market ai the lowest possible cost consistent with fairness towards coalowner and collier . At Leeds an average trade is doing ; and the same may be said of Huddersfield , Rochdale , Barnsley , and other hires ol industry . In the coal districts of the north , we regret to state that strikes still continue . The colliers working in Earl Fitz William ' s mines have signified their determination to hold out , and as the noble Earl appears resolved not to give way , the possibility of closing some of the mines altogether , hangs over the heads of the infatuated colliers . The disputes between the colliers and their masters about Dudley , as we have already declared , are still unsettled . The question is one of wages , and several meetings have been held at which resolutions were passed to persevere in the modified demand of € d . per day instead of Is . On the Continent there is no particular change , but we learn from Lyons that a tolerable brisk demand for goods exists , and that a tendency to advance the price of silk displays , itself . Liverpool , Nov . 18 . —The sales have been about 10 , 000 bales a day . Prices are partially jd . per lb . dearer than last week for the current qualities of American cotton . Manchester , Nov . 18 . —We have had a very firm market , with a moderate business in both cloth and yarns . Shirtings are dearer , without being quotably higher . The business doing is partly owing to the orders held over during the last few weeks , while prices were declining , having now been thrown upon the market , and stocks being a good deal exhausted , we have considerable firmness . There has not been much done in cloths for the home trade , but the prices of all kinds of fabrics are steady . In yarns we have had more business from Calcutta , Bombay , and Germany , at full prices , but without any advance of quotations . For the home trade there has also been a healthy demand , and sellers in some instances report that they have realised Id . per lb . more for cops . Yarns suited for the Mediterranean markets are taking the demand better than of late . India shirtings are still firmly held for an advance of l £ d , per piece on the prices current ten days ago , but very little business is done in them . Long-cloths , T cloths , and domestics are still in fair demand , at steady prices . In most other descriptions there is a moderate business doing , and in the general tone of the market is firmer than for the last week or two . In bundled yarn the market is steady , but without much activity . Prices without change . Yarns for manufacturing purposes are more inquired for , which tends to enhance their value . Leeds . Nov . 18 . —There has been a steady but quiet market in the cloth-halls during the week . A few lots of heavy fabrics were sold , and small quantities of other kinds , including mantles , cloaks , and other garments for ladies , The prospect of the trade continues satisfactory , and the manufacturers arc well employed .
Tsto. 452. November 20, 1858.1 The Lead1...
TSTo . 452 . November 20 , 1858 . 1 THE LEAD 1 K 1267
Home, Colonial, & Foreign Produce Market...
HOME , COLONIAL , & FOREIGN PRODUCE MARKETS . REVIEW OF THE WEEK , Mincing Lnno , Friday Evening . Tubs prevalence of easterly winds ia at length acquiring an influence in moat of the leading markets , und , in the protracted absence of arrivals , even the liinltod purchases that are made from day to day are no longer without some effect upon prices . During the present week the supplies brought forward , whether in public sale or private contract , have shown a material falling off , and the trade , seeing ; the markets for the , timo have a tonaoncy against them , have been induced to Increase their operations . The buying ia , however , oavriod on very cautiously , and is hardly extonded beyond tho supplying of immediate requirements , as important arrivals are likely everyday to take place with a ohango in tho wind , and this would necessarily give the buyer a more advantageous market , in point of choice , and possibly of price also . Tho hardening of prices in general , and the ndeanco in somo few cases , as well aa tho alight extension or business , ^ hloh , wo have this week to pass in review , can therefore be regarded only as temporary , and cannot be taken as an earnest of any permanent change in tno current of trade in a more general sense .
d j Corn . —The improved tone of the provincial market . at the close of last week led to some expectations of t similar feature at Mark-lane , but they were not realisec f and although the supplies of English grain have bee 0 very moderate , they have proved quite equal to tb t demand . Choice qualities have sold , somewhat readil 1 at the currency of last week , but inferior grades remai t greatly neglected , with quotations anything but firrr r The finest samples of Essex white wheat ranged froi > 48 s . to 50 s . ; good runs , 45 s . to 40 s . ; prime red , 44 s . 3 45 s . ; average , 41 s . to 43 s . ; common , 39 s . to 40 s . Forei : wheat was in fair supply and firmly held , but the trad j was slow ; primest JDantzic , 54 a . to 55 s ., mixed 50 s ; » 52 s . ; Brabant and Louvain , white , 46 s . to 48 s ., red ; 44 s . to 45 s . ; French , red , 43 s . to 44 s . ; fine St . Peters ¦ burg , 42 s . per qr . The flour trade i 3 without improve ! ment ; top price of town made , 40 s . ; town households . 34 s- to 35 s . ; country households , 32 s . to 33 s . ; No ' Twos , 30 s . to 31 s . ; Norfolk , 28 s . to 29 s . ; French , 34 s to 37 s . per sack ; American , of good brands , 25 s . to 26 Arrivals by Eastern Counties Hail , 10 , 599 sacks against 11 , 667 sacks delivered . Prime malting barley continues to bring high prices , but medium qualities are plentiful and drooping in value . Foreign grinding samples sell readily at 26 s . to 27 s . for Turkish and Odessa . Mal is barely so firm in price ; choice old " corn" offering at 71 s . to 72 s ., be 3 t new , 69 s ., and inferior , 62 s . to 63 s . per qr . Arrivals by the Eastern Counties Rail have bee 6700 qrs . against 6697 qrs . delivered . Beans have met rather a better sale at former prices . Boiling peas have all been more saleable in consequence of the weather . The market is still largely supplied with oats , but to wards the close of the week the arrivals showed some falling off . Sales have not been pressed , and in general prices have been pretty steadily maintained . LONDON AVERAGES . Qrs . s . d . Wheat ........ 2141 at 44 6 Barley . 2668 „ 38 9 Oats 1269 „ 26 6 Beans 241 „ 39 1 Peas 117 ., 43 11 week ' s arrivals . English . Irish . Foreign . Wheat qrs . 1570 —¦ 8560 Barley .,.. ,, 1030 — 3680 Malt „ 1220 — — Oats „ 380 — 21 , 290 Beans ; „ — — — Peas „ — — — Flour , .... sks . 1010 — 2140 Ditto bris . . — — — Seeds . —The week's arrivals are 9000 qrs . East India . Since the numerous cargoes off the coast from the Black Sea and Azoff found buyers , there has been a better feeling in the market . On the spot , 54 s . to 54 s . 6 d . has been paid for Bombay , and 51 s . to 51 s . 6 d . for the usual Calcutta , up to 53 s . 6 d . for fine l ? atna grain . For arrival purchases cannot be made under these rates , and 50 s . for Black Sea seed , delivered U . K . The import into London since 1 st January is 236 , 000 qrs . against 167 , 300 in the same period of 1857 . In other oil-seeds no particular change has taken place , but the market is rather better in tone ; fine sound Calcutta rape sells at 53 s . to 53 s . 6 d . ; fine Bombay , 61 s . Od , to 62 s . ; other qualities , 44 s . to 55 s . Linseed cakes met a slightly better demand , but quotations are unaltered . Oils . —The large exports of linseed oil from Hull impart strength to our market , and there are now no sellers under 29 / . on the spot , and 15 a . more for spring delivery . Rape oil is more saleable : foreign refined , 46 ? . to 46 / . 10 a . ; brown , 427 . to 42 / . 10 s . ; English brown , 40 / . 10 s . to 41 / . ; Bombay ground-nut and Gingelly are worth 34 / . to 34 / . 10 s . ; and Madras , 38 V . to 38 / . 10 s . Olive oils have sustained a further considerable rise : Mogadore sold at 45 / . ; Corfu at 47 / . ; and Gallipoli at 49 / . ; and higher prices are now in many cases required . Cocoa-nut moets a moderate demand at 381 . for Ceylon , and 39 / . 10 s . to 41 / . for Cochin . Fine Poliin , which is scarce , brings 41 / . Fish oils are neglected : sperm offers at 85 / . ; pale seal at 86 / . 10 a . to 37 / . ; cod , 31 / . ; and pale southern , 8-W . to 84 / . 10 s . Whale-pins . — -Wo have some arrivals of Polar from tho United States , but hold beyond ourront rates ; several cargoes Davis Straits are ottering at 540 / . to 545 / . per ton , Turpentine . —Thoro have boeu no arrivals of rough ; tho ealos arc confined to 660 brls . at 18 s . 6 d . ; spirits alow of sale at 41 s . for American , and 40 s . for English . Hors . —Fino choice parcels continue in request ; and aro firm in valuo as stock of these descriptions are much reduced . Common qualities moot little attention , and price in n measure nominal . Potatoes . —« Supplies of both home gTowu and fbroign are rather bettor , and trade steady ; York Regents , 60 s . to 85 s . ; Kent and Essex , 608 . to 85 s . ; Cups , 85 s , to 70 s . ; Middlings 40 a , to 50 a , ; French , 50 a . to BOa . por ton . P « ovia : i : QNS .- * -Tho dead nioat markets are heavily supplied , and any but tho primoat qualities are lower . Poof 2 s , 2 d . to 4 s . Mutton 2 s . 4 d . to 4 s . Veal 8 s . 8 d . bo 4 a . Pork 8 s . 2 d , to 4 s . por 6 lbs . by tho carcaao . Cured , provisions are generally firm , Jjlne Irish butter
t gi t ' . s t n - scarce , Carlows worth 106 s . to 110 s . ; first Cork , 10 ^ 6 s . a There was no arrival of foreign to-day . Business in id , Irish bacon is checked by the restriction of supplies , the en trade waiting expected arrivals . Waterford sides quoted he 52 s . to 54 s . ly Stock . —The market for live stock has been dull , in prime beef brought late rates , the supply being short , n . but mutton , veal , and pork were cheaper . m . Monday . to Beast . Sheep . Calves . Pigs , jn 5 , 258 24 , 600 160 480 [ e 3 s . 4 d . to 5 s . 0 d . 3 s . 6 d . to 5 s . 0 d . 3 Si 4 d . to 4 s . 6 d . 2 s . l 0 d . to 4 s . 0 d . to . Thursday . r 1 941 4 , 380 172 130 ll > 3 s . 4 d . to 5 s . 0 d . 3 s . 6 d . to 5 s . 0 d . 3 s . 4 d . to 4 s . Gd . 3 s . 4 d . to 4 s . 0 d . 3 ~ Sugar . —Owing to short arrivals , the market has *~ been very scantily supplied , and the trade , being short of 3 stocks , have had to pay a general advance of tjd . in the ?• execution of immediate orders . There is still an inquiry ' for export . The principal transactions have comprised ' 3 2966 cks . West India , 6000 bgs . Mauritius , 5000 bge . lfc Bengal , 2000 bgs . Penang , 5000 bxs . Havannah , 4500 ' bgs . brown Pernambuco , 500 hds . Cuba , 600 hds . Porto ' r . Rico , and a floating cargo of Brazil , the last named 1 being for France . The Dutch went steadily at the 1 valuations , which were li-fl . below those of the Sep' tember auctions . Refined sugars have met an increased r demand , and it is now difficult to buy at late rates . * Coffee . —The market is still badly furnished , and ^ the trade hold off as much as possible in expectation of 3 arrivals . Prices meanwhile are against the buyer . On the spot but little doing , A . floating cargo of Rion sold for the Continent on easier terms . 3 Tea . —Blackish leaf Congous have teen , purchased 1 rather freely , partly on speculation , and for these better prices are paid , whilst common Congous are ner ' glected , although quoted slightly firmer , say 10 d . per lb . Rice . —A better demand has prevailed for all descriptions , but low qualities continue to find the largest sale , and for these prices are 3 d . to 6 d . higher . Otherwise quotations remain the same . Spices . —A moderate business doing . Malabar pepper , slightly easier in price . Cassia Ligriea firm , but supplies near at hand . Fruit . —Valencia raisins firm at 38 s ., contrary winds keeping out supplies ; figs 5 s . to 10 s . per cwt . dearer , and the consumption large . Saltpetrb . —The market is higher , by 2 s . to 2 s . 6 d . . per cwt . from the late lowest point . Bengal has sold at 39 s . 6 d to 45 s . for common to fine . Stocks at Calcutta , by last advances , were light . The quantity on the way is 4350 tons for England ; about three-fourths being for this port . Dyes . —The only alteration is a rise of 10 s . per cwt in safflower . India-rubber has advanced to lOd . for East India lump . Metals .- —Manufactured iron sustains its value fully , and rails have rather an upward tendency . Scotch pig iron is , however , dull , and offers at 53 s . per ton . Banca tin has advanced to 123 / ., and Straits to 121 / . Copper firm at 107 / . for fine Australian . Spelter and lead are neglected , and quotations have a bias in the buyer's favour . . HEaip and Jute are firmly held , but the dealings are upon a limited scale . Hides . —The public sales have gone gently at £ d . per lb . decline . Wool . —The colonial sales progress brigkly at the opening rates . Tallow . —As soon as it became known that tho ship * ment at St . Petersburg would not exceed 112 , 000 cks ., the market began to mend , and on Monday rather better prices were obtained , and this firmness has been maintained through the week . The continuous short supply of English tallow will doubtless cause a large demand for foreign sorts all through the year , the trade being quite bare , and the stock at Christmas will in all probability bo much smaller than was anticipated some time since ; wo close quiet 51 a . 6 d . to 51 s . 8 d . spot ; 51 s . 3 d . all the year ; 51 s . 6 d . to 51 s . 9 d . January-March ; 62 s . to 52 a . 8 d . March alone ; 50 s . 9 d . to 60 s . 6 d . April-Juno sellers . Tho public sales to-day wore unimportant . Town tallow , 55 a . ; rough fat , 2 a . 104 d . ; melted stuff , 88 a . Od .
Tun Smrptno Interest.—The General Shipow...
Tun SmrPtNO Interest . —The General Shipowners Society , continuing tho agitation now in progreas , havo put forward an advertisement , inviting a meeting of shipowners , and " others interested in British shipping , " for tho 15 th of Decombor , in London , "to take into consideration tho present ruinous condition of the shipping intorost , and the imfuir and injurious position in which tho British shipowner is placed , from foreign states not having reciprocated tho benefits to which their navigation has been admitted by tho repeal of the Navigation Laws ; and to address tfco Quooii , praying that her Majesty will bo pleased to exorciito tho powers Vested in hor by tho Act 16 and 17 Victoria , cap . 107 , with respeot to foreign status , which do not continuo to subject British voaaqls in thoir ports to prohibitions or restrictions , by ' placing such foreign ships as nearly as possible on tho same footing in Brltiah porta as that on which British ships are placod In tho ports of such countries . '" i ,.. i . i . w « h
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Citation
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Leader (1850-1860), Nov. 20, 1858, page 27, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/cld_20111858/page/27/
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