The Stourbridge Observer, Cradley Heath, Halesowen & District Chronicle.
Stourbridge, West Midlands, England, 1881-10-08 00:00:00

THE IRON TRADE.

WoLvEnrrAm PION, Wednesday.

The markot th!s f.ifternonn was very firm, but
tb9 amoari;, of hlsiness done WAS no large, as
ra lug naskers fkre waiting nntil quarter-day
bef')re closing heavy barioi,ls. rrie!es were
BtiffFir, and it:cost oz the manufacturers refused to
book beyond qut:rto..-day. Marked bars wre
very strong st .C 7 101., whilst unmarked - were
done at horn £6 to LI. Common sheets for
galvanising porposf-,q were firm at .t 8 for singles
and £lO 10. for baLtens, and nail sheets were
done at 47 15s. Strips lr:;d a brisk demand.
None of the stareping sheet people would sell
unless the transaction:, were subject to quarter-
day prices. In heavy plats, girder sections w.?ro
most in request. A foil parcels of tees went off,
and channel iron was in more demand among the
safe makers. The pig trade was active and
prices firm, local all-mine people refusing to
take less than .ta 54., and the majority caking
.£8 10s., for small lots. A good trade was don.
in part-mine, the figures ranging from £2 12s.
C. to £3, while contr.s•fs fir common cinder
were pliTtiful at 455. Agents for Middlesbrough
and '..ancashire metal were 4skiag 2s. 68. sbovs
the prices of s w,-,k ago. Derbyshire pigs wet-
also qnoth. firmer. The advance of IsoL
thick ccai has not stopped trade, the orders
being more numerous than for some time past.
The prices of Cannock Chase dePp ayl have
been advanced is. 6.1. pr ton. Ironstcne was
in good demand.

BIRMINGHAM, Thursday

The upward tendency of tho market was well
maintained this afternocn; pig iron makers and
manufacturers realising tbe tull rates quoted
last week. N.) better indieetinn of the steady
and legitimate character of the deruani could be
afforded then the freedom wi:n welch specifica-
tions were given in by consumers. A fair amount
of new business was transacted, but, the negotia-
tions related principally to contracts to be
elected at the quart rely keeeting next wef-k.
List inn raleti strong at £7 105. and 24. 6 i.
for bars, and an earked inn wes very firm. In
some cases mannfacturcrs declined to n:!cept
orders fur immediate delivery, and they were
equallyjndispoeed to commit the uselves to long-
delivery contracts at the current rates. Com-
mon bars realised fully 10s. a ton in ,re than
three months ago, and the advance in hoops,
nail rols, and sheets ranges from 10e. to 15s. a
ton. There wee a tolerably good inquiry for
hoops for America, but the high prices some-
what checked beeieess, mercharls demanding
cinces,iong whioh few of the inniufeetneers
were prepared to yield. The limitation of the
production of rig iron in the Cleveland. and
Scotch district's favourably influenced quotations
of pig iron, and there was a brisk demand.
Staffordshire all-mine realised from ss. to LB
10s. for hot blast and the usual 20s. extra for
cold blast, while common forge metal (cinder)
secured a mininin of 40s. a ton. There was
an unabated demand for co tl, coke, ironstone,
and other fuel, notwithstanding the increase of
is. per ton on forte end furnace coal and is.
6d. on Cannock Chase coal. The miners will
receive an advar co of gd. and 11d. per day for
thick coal and thin coal workers respectively,
but the ironworkers, ia accordance with the new
sliding scale, will haye to work during the
ensuing quarter at the wages based upon the
past quarter's average selling prices if iron,
which are the lowest that have been obtained
during the present year. Ino ironworkers are
naturally dissatisfied, but the arrangement is of
their own seeking, and they will reap the benefit
in the future, for when Priam; again recede they
will not immediately be affected.

SVBTERrEs from any di‘aaae should make haat.) an 3
take Ba,..:lDr.kva's Pv.i.a, They do got itivariably
reliere acidoft.333 cure E.: .r.sLCO. now c.e,eded by
cf Lat is need,d o be
ail rocdieal /Inn that 11:.4.-iourrn ti PILLS %re the best
c:aaLtin meu•c:inP, t:4lit
trf-in 11:e b;clej when we are
clues. h‘44 iv
Glassaists, -bee "b. BEAMS/IN"s liaaPa