Record

D3580 - Longsdon family of Little Longstone - [14th-20th Cent]
- C - Correspondence

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Archive Reference / Library Class No.	D3580/C/95
Title	3 March 1810 William Longsdon at Manchester to Mr John Longsdon, junior, Longsdon [Longstone], Bakewell, saying that his apprehension last week of a fall in prices was fully confirmed today with very little business done in the grey line. Few Velveteens sold at a drop of at least 2d a yard. He expects further depression on Tuesday. P Longsdon is not buying. Buyers in general waiting for a more moderate price. Some houses have not thought it prudent to execute orders and have actually refused them. William is almost certain that wages must fall soon because it is the exorbitant price for weaving that has principally enhanced the value of goods. A rumour that manufacturers were giving 3s 6d per 1 lb for weaving first alarmed purchasers, went through town like an electric shock with all purchasers frightened at once. At Longsdon if possible Velveteen weaves must be either lowered in wages or changed to something else, as they cannot expect to get former prices for goods. John said when in Manchester that he had never yet seen a good market. Cotton dropped today ½ per 1d. Twist continues in high demand. He sends particulars of shirtings sold to Jn Ditchfield and Son: 88 pieces of 7/8 shirtings, 2569 yards at 11 2/4d, £125. 15s 5d.
Date	1810
Level	file
Repository	Derbyshire Record Office
Archive Creator	Longsdon family of Little Longstone

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