made in this district, and not in Lancashire, for the ruinous
price has driven them on to other classes of goods adaptable
to their looms; and for some months several large houses have
been engaged in making Bareges for the American market. This has
prevented mousselines-de-laine being made to stock, and, perhaps
for many years, this branch of the trade has not opened with so
small a stock on hand.
"NOTTINGHAM, _November 6_.--In lace we have no improvement
to notice this week in the general sale of goods, and, with
very few exceptions, there is a great falling off in demand;
but, as many of the manufacturers are wisely lessening their
production, we do not anticipate any serious losses resulting
from the present temporary stagnation. Many are stopping their
frames to make fresh designs altogether; which, if done with
good taste, some advantage may result from present difficulties.
In hosiery our trade is not so much depressed as we had reason
to anticipate. There is still a fair business doing in wrought
hose, and a little increased demand for 'cut-ups,' as well as
gloves made of thread and spun silk. The price of yarn is low,
which is in favour both of the manufacturer and merchant.
"LEICESTER, _November 6_.--The unsettled state of the price of
workmanship for straight-down hose has caused a great depression
in that branch, and led to nearly a total cessation of work,
many hosiers declining to give out until prices are settled. In
wrought hose a better business is doing, though not so good as
usual at this season. Yarns continue dull of sale."
Public-domain text, read in full here on John Shaqi.
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