The Stourbridge Observer, Cradley Heath, Halesowen & District Chronicle.
Stourbridge, West Midlands, England, 1880-10-16 00:00:00

ntanrl . “.;
A,- • -

The avandance at t' 4 qi;,..t:Prly niteting o_
the it'ln tnie in Blipiingtnini ?it Thursday was
Vori numerous, Pond the ruark,Jt seemed to have
recovtreet frtnn the eibromia deprnae;ion which
pranged last we 4, wton the reduction of 10j.
a ton ill marked iron was dticisred. In addition
to local iron and cosi tuas:ery there were Intel.
seutaties of pig iron firms from the Middles-
brough. Berrow-iu-Fnrness, and other North of
Zugtand districts; ar.d merchants from London,
Li,,E•rpool. and other principal parts. The aggre-
sate emouut of buainess transacted was con-
siiterah:e, and the orders were tolerably well dis-
tributed. As a result of the contracts received
hy "Asti noosed certlio cazablishments will be
:-.lp-o regn nrly Occupied for a few weeks to come.
wis expr2s,e.l by the represopta-
::l t,0..:•0 then cau of the ieading tirws at
.-ipo :01-4 ~1 10. i ton iu work:A bars, as
iej con,cudo it was itriulloient to meet the
a.1ne7i..7..7, 4.ln:irkl, virl;ils! ri,s -.:troct had been
or, j‘pli, : ;Ip.'n the: iifirn,=l inlik:'. They were
,A opiaion ti..at he reducidon ought s.o have been
':.6.,. a t(l3, ,4‘:', es tt, have oced up the American
tried::: ann f .aind full eeaployineht, Or th,..tt the old
-,!at,.‘s • anon:3 ia.ve howl :a;:int,•,:ine,l. The
neriti•oa del:nud has con‘pletes p;nlisided, but
Ow cas, of toe i Air! of Findley s Round Oak
-V .. lit 4 'he al ::g off froln tli,.! United States has
n cy.itto.: r-balanced by orders recently received
fro:a toe U. t..a. ~peciaiities of iron required by
the C'o:oni., Government. His lordship is also
eng,ivit in ii. oplating a contract for the
:nip,.-rial
.00vernment for dockyard plates.
Akrii. old ;:0., of the Gold's Green
lionairy hits iiit t-ceived an order from II
Shetlid ,-rinotir-pisw ivin Lir the largest pair
, at unii:eli r6lin that hRs ever been produced in
i this or any ot.t-r country. -Tne elE2ct of the
.nathii•.t.iihs in ,he she,t iron trail, wa9 shown
1 by ills itAcie::sed fi,•...uno,;s ,•chieli-charact-;rised
1 pcio:•;:,. Ai:tough pr,sseii to Follow the decline
, in °tiler clea,es .:•I iron, manut:oturers would
Inot ,is_.iii, :•-rel the natural rn;;.. ,v.is that buyers
. 'ound !he!nselvs coulptlle.4 to aocept the ex-
lis!tog er. Pig ii-,)u Ntai.: weak in respect of
! 7ti vit'e.i•.A. CO'Ci-IS. SPA 110t-I.froe •X:Ii; re.-
duccd 5. I t.4,-. l'• .W 0 111,7-I,:e with th,, or.elara.
, lion low:le by , 'tp; 1..;.11-;..il Compariy•i!" Wolver-
iminpton cn. he pi .?.1710U A :lac% Cinder pig was
: qnoted ae. the iLininion rate which has obtained
this yk.ar, cuminon forgo only raai.ising from 87.3. i
to X'4 a .ou. At this f.r7c,
.!•f).'netion is el-
; I110:•6 unreatnneretive. Le iLkilht be admitted that
, the very 'Lew rate aro the reeult of the over-
kpip;y, ralher than of .tty tuerk-,3 contraction of
damor-t. Thu riaLotp,r of turn:wets in biast in
.-o„,ffor.ishire is nesrly double the number
, in operation a iit:lo over twelve mouths ago,
.2. althougO prie-third -less than was the case in
March last. But for the keen competition
necessitated by the over-production in this and
other district prices would certainly be more
rerl r,iv.•% Tin.piale uvizolfacturers reported
o.: ,
an et; _•• .t•tioit''y, , --pe.-.iio.• t.rorn .aie United..
z`t a- • ,•,• A. ,in. t!Lit'l,liOr f '.1'..:,‘• prices. In more
: 4'.......72.- of .k:oeriesu and
tailor Jarvis' meratainta Aidift) betll &alined,