offal ,arts, Mraitr,
Mosr of the London warehouses dealing in textile fabrics "dated on " to their customers last Monday. One or two houses kept back their show of goods till Thursday the 1st. But few country buyers have come up to town, and upon the whole during the past week trade has not been very brisk. The prolonged fine weather has tended to prevent the retail drapers frond putting aside their light goods, with the view of clearing off as much summer stock as possible, and consequently has caused them to be less solicitous in directing the attention of their cus- tomers to dark goods ; which cold weather would dispose them to do at this season of the year. Fabrics composed of silk still remain at a high price, while a slight re- duction has taken place in cotton. The large iron works at Merthyr Tydvil, known as the Penydarren Works, which flourished for many years, are now quite at a stand still, the coal and iron mines appertaining to them having been sold to the Dowlais Company, who have exhausted their mineral beds. The men who formerly worked at Penydarren, in the hopes of operations being resumed, have been lingering round the scene of their former industry, but are now fast dispersing in all directions. It is said the works could be carried on profitably enough ; even now its minerals have been sold by judiciously working up with Scotch and other pig iron.
Previous page
