The Stourbridge Observer, Cradley Heath, Halesowen & District Chronicle.
Stourbridge, West Midlands, England, 1883-10-06 00:00:00

THE IRON TRADE.

WOLVEIWAXPTON. Wednesday.
The iron trade market was a little more active
this afternoon, and better inquiries were reported
by different manufacturers, including common un-
marked bar and galvaniriug sheet makers. The
list houses are doing a steady business on export
account, while home orders for cheaper qualatit
are much more numerous. Some good offers are
also being made for girder plat ts, and tank sections
are in a little more requeA. Hoops are wanted in
considerable parcels by home purchasers. Al-
though marked iron will nut undergo any chang.!
yet awhile, the makers of other qualities are getting
better terms than they have secured for several
months:past, sales having been effected at ss. per
ton above the rates accepted at the beginning of
the;quarter. Nail rods are in more demand, and a
larger number of i!iquiries are announced for tin-
plates chiefly for s)ipin.nt. In the pig branch more
activity is observable, as the usual quat!erly in -
quiries are being made just now, and these are
I.kely to lead to an improved trade, t'tou.ol whether
higher prices will he secured is very doubtful. A
meeliniz of the iron manufacturers wid be held in
lin next week to consi ;et. a proposal to
asklthe Board of Trade to grant asp cal gua.e in
consequence of the new standard wire gunge being
inadequaze for the requ‘rements of the sheet
makers. The coal trade is a little more animated,
though the pries o,ntinue to fluctuate in a very
irregular manner. Ironstone i, Bering more ex—
teneively.

ursday.

The anroune, !tient en 'Cinange to-day of Alder-
lust) AviTy's decia:on in the wages question--
fixing ail present rate of 7s. 6d. a ton in lieu of the
sliding scald until ths cod of the year—was re-
ceive I with gener4l satisfaction. It was felt that
any increa.ge of vrsges would place this district at a
great diealentitaige ni the competition with the
North of EnA6ii.l, wl)er..at if per cent, reduction
has jesl7 b ina fikvilarel, bringing down wages 5 per
eery. h li‘se these of Staiforashire. A. steadier
ton, s..ra.S irepart.,.:d to the market by the fact that
the cost of laboiir will be a ci!.tain element during
tie ensaing qii.rter A -sr:ay satisfactory tcne
prey sil.s.l ist :he market to•-loy, end many negotia-
tions were comaitt,:c-d Wile:a will probably result
in ho in- i!t he quarterly tweting next week.
In the pi.: iron 4'er.r mutt the inquiries ',presented
many thouseeds of tons in the agregate, a single
hoes, asking for quotations for 5.000 tone, relating
in 'linos equal pro oiti-ns to Staffordshire part-
tnri-. an.; :Nlorr oitiipt•qi and Derbyshire qualities.
Dn.iit: the list wo or three werkB the Derbyshire
an 1 N.srthampton houstes have not been pressing
Aale, and the result is that when consumers
ort to make co tracts in anticipation of quarter.
;lay pric•is they found :hese pigs enhanced in value.
Derhyshice mid n t lie obtained in .ots of even
1,000 toiis at 1..8s th n 48s. it ton, the current
murk, t vaht:s being 50.4. a ton, and the average
shoilt. 49. Finished iron wm in tolenbly good
request, and prices reinaned steady with a slightly
upward t,indency. It was not thought probable
that there would e any inatt.rial changes in the
value of iron at the qu trterly meetings, unless in
the In-antinte coal should be advanced. Future
p-ices of iron. however, are depen Tent on the price
of coil, h.ich may put up owing to the wAges
agitat.i,n am •n the coin o-s. Slici.ts a :Id fr,ela
for India, South lineries, and Aust.rislil. the quo.
tation t r comitrii singliis being about £8 a ton
deliveeld in the disti.is;t.

VALUABLE DISCOTICRT 10ft VIE HAIFt.--If yonr
hair ie tarain; grey or white, or failing off. me "Tie
Alexican .tilair Renewer." for it will positirtly reeore
in cce,v ef.ie Grey or White flair to its oririnl colour,
Without leaving the disagree3ble smell of most
"ReetA3rers." It makes the hair charmingly beautiful,
0 well as promoting the growth of the hair on bald
, where the glands are not decayed. Ask your
Chemist for "Tun Minniatar HAIR RENEWER," sold
Oy Chemists and Perfumers everywhere at as. 6d. per
Mottle.. Wholesale &Pea seemed in 43, larringdos
Wl* Vig*