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The Liverpool Cotton Market

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Quote Originally Posted by Bob Edwards View Post
The Liverpool Cotton Market

In the infancy of the trade, when the arrivals into Liverpool were small and intermittent, the cotton imported was for the most part sold to dealers, who retailed it to spinners in Manchester, Blackburn, Bolton, and other centres. Sometimes it was sold direct to the dealers by private treaty; at other times by auction, either by the importers themselves or by brokers in their employ.

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