Letter from a Traveller at Manchester, to his Employers in London.
Manchester, January 18th, 187—
Dear Sirs,
During the week very little change has taken place in prices quoted in my last. Cotton was a shade better on Monday, which caused sellers of yarn and cloth in this market to ask rather more in some instances; but the improvement was quite evanescent. The market, however, has continued steady. Some buyers have made attempts to operate at rather lower prices, and offers have been freely made at 1/8d. to 1/4d. per lb. for yarns, but the offers have only been made in exceptional cases. For goods of all descriptions, notwithstanding some discouraging accounts from abroad, very considerable contracts for distant delivery in point of time could have been secured by making a very slight concession.
Madapollams, jaconets, and mulls are not in active request, but maintain last week's values. Printers T cloths and domestics meet with a fair consumptive demand, and orders can only be placed at the prices of Tuesday. Large importations of cotton, and lower prices, are causing buyers to operate cautiously, both in yarn and cloth. I leave this to-morrow for Macclesfield.
I remain, Gentlemen,
Yours obediently, ______
Relative to an Advertisement, requesting a copy.
Wareham, June 15th, 187-