The Stourbridge Observer, Cradley Heath, Halesowen & District Chronicle.
Stourbridge, West Midlands, England, 1884-12-06 00:00:00

THE IRON TRADE

Wolverhampton, Wednesday,

The market was very quiet as to
tava .ere some fair inquiries for iron which
is wanted for early consumptive purposes. .Ptices
generally are weak, and there does not appear to be
any prospect of an improvement taking place for a
con,itierable time. Indeed. merchauts in almost
every case assert that they can buy - on their own
erms, as these manufatturers who are anxious to
lc.-ep their works together do not refuse the rates
t tiling through the summer. Ordinary merchant
bars are dealt in at a moderately good rite at an
average of £6, but inferior qualities can be got. for
..-t5 124 to a-15s at the works for cash. The demand
for puddled bars is perhaps a little better, conse—
nt on the makers of small rounds being slightly
hu-ier than they were a few weeks ago. In the
sheet trade there is a steadier demand for black
sheets fur galvani6intr, but prices do not t•how a
ii mer tendency. Best stamping sheets are being
;actively pro lured, and =titers' pri.,3cm are tully as
,trong asttlicy have been for some time past. Pia' e
:mtlicrs are irregularly ttnloyed, but they are tot
desirous to increase their output at current figures
Lfferd by purchasers. Pig-iron makers report that
very few contracts have been i.egotiate.l, these being
mostly for medium qualities ruling at about 455.
In foundry iron the sales for the last week have
been brisker, and prices for this metal are as well
maintained as those of any other raw lion producer.
;:okes go off a little more freely, and there is a good
:ra.de being done by the thick coal.)wners
,in
domestic fuel. The enormous quantity coming
from the Cannock Chase district, however, proven; s
;he quotations of local coalmasters moving higher.

BIRMINGHAM, THURSDAY.

The iron market to-ay was tolerably steady in
tone, but without any upward tendency. Producers
obtained late rates in the few transactions which
took place, but the market afforded no encourage-
mentfor any attempt to secure enhanced quotations.
But little appreciable effect was caused by tio with-
drawal of the employers proposal for a reduction
of wdges. It is generally admitted by manufac-
turers that a2} per. cent reduction in wages can-
not be Of any material advantage to them, but tone
are of opinion that the resolution enatiiing the
question of wages to be reope,,ed at any time by
giving a month's notice on fit tier side is uufavour-
,thle to long contracts, and may somewhat check
an improvement in trade. Coni mon smel Ling 47,
was in fair requtst, and nearly the whole produce
of the furnaces of this class of iron for t le next six
WeekB has been sold forward. Smelters adh -re to
their decision to keep down production, au,t-
stocks are are very low they are placed in a fa.vourab:e
position in the cate of an improved inquires. Un-
less that improvement becomes general, however,
Vey are nut likely to be benefit ted to any consiuer-
able extent, inasmuch as in other competing dis-
tricts the supply is largely in excess of tte detna :d.
Ail-mine hot air was disposed of to-day at 2s 61 to
ss. a t,tn below the standard price, which is £3 2s,
6d., but the sales were very small in ext,nt. The
finished iron department was devoid of animation.
Marked bars were only sold in small parcels, and
very little was done in boiler plates, gnionieter
lates, girder iron, nail rods, and strip. Liood
nudiu.n bars, at ..t6 ss, to ..t6 10s., were freely
spe iii d and common bars, at £5 ISt 6d, to
Us. 6i • woce in moderate inquiry. In the
ltrt b.ancti business was rteady, alike for working
up and galvdmising qualities Domestic fuel is in
t er inquiry, but manufacturing
.fuel is in dull

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rarin On Boa, Loccion.

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zq a sick child suffering with the pain of cutting
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• uy child fic.ra pain, arid the
t.s a hltnlh it
•-• sI.LS of:nk, tli3 ogle, 3.!Ltys all •
11,4alates tLc bowels, sad. is ai.
re1:4:44 dyseetery and diar hretb,
L,et'"sing otti.ir causes.
• • h.
- • • ;up LS &Old _y I/04kt** deilera,
us. rits, bzu4p.

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