The Exchange; A Home and Colonial Monthly Review of Commerce, Manufactures & General Politics Volume 1

The Exchange; A Home and Colonial Monthly Review of Commerce, Manufactures & General Politics Volume 1

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1862 edition. Excerpt: ...same time last year. Messrs. Browne, Hunter, & Co. report as follows on the Liverpool Wool Market: --Trade has been very quiet since tho 1st instant, when our public sales closed. Only a few small parcels of sundry wools have changed hands; this is partly owing to the depression in some branches of the manufacturing interest. and partly to tho fact of the buyers having supplied their immediate necessities at the sales. Lustre wools have declined Id to Id per lb from the highest point attained, and a still greater fall may be quoted on other descriptions of English; this may be attributed to the anxiety on the part of holders to realise before the new clip comes on the market. Rumoars of foreign intervention in America have given a slight impetus to the manufacture of woollen goods, and the prospect of an abundant harvest encourages the hope of a good trade during the autumn. The arrivals of East India since the sales have been 2,100 bales, which are being held over for the July series. There has been considerable enquiry for Yellows of low to middling qualities, also more demand for the Continent, during the past ten days. Egyptians are Arm in price, and a limited business has been done. The course of things in Manchester has been much the same as in Liverpool. The market at the commencement of the month was firm in tone, but buyers were chary of operating, and the business done was exceedingly small. With the news of M. Mercier's mission a complete stagnation took place, and not even the announcement of the reduction of the duties upon goods and yarn imported into India to 5 per cent. and 3$ per cent. respectively, was able to brighten the tone of the market. But still the fall in Liverpool was not followed. During the past week or ten more

Product details

  • Paperback | 216 pages
  • 189 x 246 x 12mm | 395g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236522265
  • 9781236522269