The Stourbridge Observer, Cradley Heath, Halesowen & District Chronicle.
Stourbridge, West Midlands, England, 1872-04-06 00:00:00

THE IRON TRADE.
-_
ANOTHER ADVANCE IN IRON.

Wetsßanana TON, Wednesday.
Higher prices were being asked this afternoon
for iron ef all kinds, Pigs of every description
keep very dear, and continue to advance, whether
we speak of the produce of this district or of
distant localities. Nor are foundry samples
easier than forge iron. The proprietors of foun-
dries ond of mills and forges are all alike unable
to secure supplies at other than advanced rates
—rates almost unprecedently high. For in-
stance, there are Lancashire hematites for which
£7 10s were demanded on 'Change here to-day,
and less money refused to be taken. Others
there are for which los less is taken, whilst good
Staffordshire allanine hot blast were firm at £6.
The effect upon the finished iron prices of
these high quotations for raw iron was very per-
ceptible. A rise of lOs in the majority, and of
20s in other cases was demanded with much
confidence. Encouragement to this was experi-
enced in the action of certain leading houses.
The firm of Messrs. Barrows and Anil, of the
well-known Bloomfield Works, have issued new
circulars, in which they notify an advance of 2Us
a ton as to sheets, and of 103 as to hoops and
strips. Relative to their bars, of these the
prices must be subject to negotiation. What
Messrs. Barrows and Hall have done, other firms
who issue circulars are expected to do. Hence
it follows that, in the proportions here given,
finished iron will be quoted up almost univer-
sally at the quarterly meetings next week; and
that transactions in pig-iron will be regulated
by the bases as to hematite and all-mine above
mentioned. Whether much business will ho
done at such prices remains to be seen; but, ex-
cepting bars, the demand keeps so good, and the
supply of the raw material and the fuel so scarce
and so dear, that yielding on the part of vendors
is altogether unlikely.

BlfthtlbiGHA3l, Thursday.

There was a fair attendance of ironmasters
at the Exchange this afternoon, but owing un-
questionably to the nearness of quarter day,
when it is thought some change will take place
in quotations, very little business was transac-
ted. During the past quarter there has been
almost an entire absence of anything in the na-
ture of speculation, in consequence of the ex-
ceedinlly high rates which have been in vogue,
and the general uncertainty which has charac-
terised the trade. Prices are very firm at pre-
sent. The prospects of the new quarter are
cou.idered very satisfactory on the whole. The
Easter holidays have interfered to a large extent
with the trAde of the district during the week,
operations having been suspended at the iron-
` works and forwes from the commencement. In
some cases, business was resumed this morning;
but the majority will not resume before Monday.
next.

5,000,000 (five million) packages of Horniman's Pure
Tea were sold last year, hy the, SASS Agents, who are
appointed to 'opt, p the pie le. direct from the Importers
with this highly popular artiele. As flornituan's Agents
in China di-Allow the use if artificial coloring powder,
Prussian blue, Ac., to be aced on their imports, the pub-
lic are gamanteed an article that can be relied on for
great strength, delicious flavor, and real cheapness.
Sold only in Packets bearing the Importer's signature.
Horuioisn's Agents in this District are advertised in our
columns of the else.
CLOSe or lIRONCHITID SAMNA, CONSUMPTION AND
COI. oar. as 1)“ LOC.:ICS WAFERS. Mr. Olin, 45.
Fleet-street, Bury, writes:—" I have great pleasure is
r.,comincutikng the Wafers, knowing that they are a lure
comedy, ite.- In Asthma Con dnuption, Bronchitis,
Coughs, Colds, Hoot, Rheumatism, atul all Hysterical
and nervous pains, instant relief is given by Da. LO-
COCK'S WAFERS, which taste pleasantly. Sold by all
Dromitsts all., lid.