The Stourbridge Observer, Cradley Heath, Halesowen & District Chronicle.
Stourbridge, West Midlands, England, 1881-02-19 00:00:00

THE IRON TRADE.

WOLVERHAMPTON, Wednesday.
The market was rather quiet, and few trans-
actions took place. Some of the manufacturers
reported that better inquiries were being made
for common unmarked bars, working-up sheets,
and hoops ; but they do not anticipate a large
business being done at present, as they refuse to
listen to the arguments used in favour of their
taking less money. Leading marked bar bouses
are reported to be tolerably well off for orders,
and few were represented on 'Change to-day.
For girders and boiler-plates there was a steady
demand, particularly for the first-named, which
are wanted by the constructive people ior con-
version into iron beams-to be used in building
operations in substitution for wood. For stamp-
ing sheets aure was a better trade doing, but
prices keep exceedingly low, though there•ap-
pears a prospect of an improvement in this
respect. Puddled bars were also in fair inquiry,
and some of the strip makers sold several good
parcels this afternoon at late rates. The pig
trade was steadier. For high-class iron the prices
obtained of late were fully maintained, but
makers of part-mine were scarcely able to obtain
their last cur tract prict s. lleueAtites were still
dear, and Middlesbrough brands could not be
got at last week's rates. Ironstone and puddling
ore went off with some freedom, and ironmaking
fuel sold much better than household coal.

BIRMINGHAM, Thursday.
At the market this afternoon there was a
bettor feeling than has recently prevailed, and
prices were firmer for all classes of iron. There
was less business doing on foreign account, bat
this falling off was more than compensated for
by an increase in the home demand, merchants
giving out orders to replenish stocks whilst prices
continue at the present very low point. Com-
mon sheets (singles) maintained their advance of
5s a ton, making the minimum prices £7 15s
per ton. In one or two instances very inferior
iron was sold at £7 lOs per ton, but not by mem-
bers of the Sheet Iron Association. Staffordshire
merchant bars were firmer, and none but the
commonest description could be obtained under
.£6 a ton; while good medium qualities realised
10s to £0 15s. P was in steady re-
quest at late rates, lueat pigs being proportion-
ately in better inquiry than Cleveland and Cum-
berland metal. Coal was in fair demand, but
prices were weak, the recent advance being only
secured by the leading companies.

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