The Stourbridge Observer, Cradley Heath, Halesowen & District Chronicle.
Stourbridge, West Midlands, England, 1887-07-16 00:00:00

QUARTERLY ME'el CENG OF THE IRON

TR iDE.

The vartetly meeting of the iron trade of the
Tal:dland Districts was held in Birmingha.n on
Thurs lay, and was of an encouraging character.
In addition to the reprei, niativa4 of I-cal firms
uss were als ) present mer hants and produ •ers
from S4ropshire, Thrby•hiro, No thamptonshire,
Lincolnshire. Sou h Was, and the Nor:h of gig.
land, as well as fro n Liverpool ant Loodon
Tuougi the attendance Wa3 not in exce:s of the
usual quarterly average a better business tone pre-
vailed. Prior to the meeting on 'Clisege, eeve at
or lers that hal been tha suoj et of nesotia ion
during the week were plased, wad, as a rule, as
slightly enhanced quotations upon those prevailing
a few days ago. Buyers who hal been holding b .ck
in expectation of obtaining more favourable term'
now readily conceded late rates, but here and there
vendors refused to part with their irol except at a
alight advance Marked bars were re -declared at
£7 per ton, with he usual extras for Round Oak
brands, but in the case of sotne of Vie list houses
the official quotations were not rigelly asihsr, d to,
prices being very irre2ular. In fact, the " list "
comb'nation :s no longer regarded as binding up-
on th 3 firms who are classe 1 as list houses, each
firm obtaining the best pric ; it can for its itsea,
Between the hichest and lowest erices for erlinary
m trked bars a (tiff rrnce of about .C 1 a ton existed.
There was, however, a distinctly itupr .ved demani
for marked bars, especiiely for horse-shoe and rivet
purposes, the export inquiry being well sustainal.
Common bars were only bought in small parcels,
he average price bong about .tlf 17s 6d a ton
Nearly a 1 the extras have disap Jeered, and manu-
facturers are barely covering the coit th-jr work-
in, expanses. The galranised shoot department
was 8-m owin s to the rece•pt of favoar a,41- orders
from India and Aus'rali Whilst d)o,linite Ty ices
have been fixed for g dvanised sheets, the galvan-
isers, as far as possible, adh red to the advaace of
lOs a ton which was nominally d clared last week.
The effect of the deo;sion is practically to prey int
the underseliing which has hitherri :prevailed and
to raise the minimum prices, thou h there is no
actual a faunae upon prices obtained three months
ago. Common sheets were stringer, singles rea ic-
ing froin £5 17s 6d to £6 ss, doubh s from .C; 53 to
103, and irehles 5s to 10s extra. •-oma st eets
makers have sacrificed the usual ex r is for 24 gaud.-
• and thinner guages. A brisk inquiry was experi-
enced for sheets alike for galvanising and gti eral
working-up purposes, notwithstanding the increased
strength. Tin-plates are sli4lttly dearer on the
quart-r, Welsh IC. cokes being quoted at 133 per
box, Siemen's steel-plates 15s to 163, best charcoal
17s to 18s for delivery in the district Cookley K
charcoal plates I.C. were quoted at 219 6d, being
about the same as that at the April quarterly meet-
ing, but Welsh price., were 3d a box dearer. Makers
reported an idiproving demand for tin plates from
America, the Con:inent of Europe, and Australia.
i Steel bars' sheets, and bleorns experienced a tairly
active inquiry, and the steel works keep fully em-
ployed, the principal orders being for shipment.
The supply of pig iron was not iu excess of the
con,umptive demend °sing to the resent stsppage
of furnasee. For seine time past stocks at furneces
in South Staff srdshire hive been declining, makers
refusing to produce at the pr sent unpr dita.ble
rat s. During the past week several large couttaets
have been placed to c iver requirements for the next
three months Derbyshire forge pig WS iOsteady
inquiry on Matra lay at 37s to 333, Northampton •
shire as usual being a shilling a ton less. Stafford-
shire common forge was quoted at 278 6d to 295, and
all-mine hot-air 52s 61 to 55g. Lor 1 Dudley's
brand of mine pig was quoted at 553 to 5796 Tho
coal market showed a slight increase of animation
as the result of contracts for fuel being placed for
the ensuing quarter's requirements inanufa.c ming
fuel being rather firmer. Stagnation, however, eon.
Unties to exist in the house coal department, conse-
quent on the warm, dry weath-r.
A us-ful invention was shown in a room adj.)inino•
the secretary's office, and at,ractecl att-ntion on
part of manufacturers, It consists of Ail sip aa us
for charging composition into steam boilers whie,
workins under presswe, and is kno •n as "C. am.
bers s I ijactor." Messrs. Warren and C., of Wol-
verhampton, who are the patentees, claim tor this
inji ctor the advantag, a of ecoaomy, increased effi•
cLucy,, and du. abilt ty. •

GALVANIS3D IRON TRADE ASSOCIATION
An influential meeting of the members of thiog
associition was held at the secretary's oificq at th
Birmingham Exchange! on Thursday. Mr. J. Pr
Lacy was elected President of the associ iti,,n fo
the ensuing year. and Mr. R. U. Walser Vice'
President. A ois_ussion followed on the genenil
state of the trade, which showed that the markets
had considerably hardened during the past few
months. In consideration of that fact, ,he gieatls
increased demand for galvanised iron, together with
the much higner price of blcck sheets an 1 sp lter,
the members present felt justified in asking for lOs
per ton advance on galv illised iron sheets, and de
cided to adopt that course.
When one has rheumatism in any part of the
holy, the danger is ever imminent. With St.
Jacobs Oil ha,nity for instant apphicatiot, th re
ommes a sense of security given by nothing else.

SPOR FI SG NOTES.
(By oli• own Con etponciNt.)

KEIIPITIN PAUC JULY HANDICAP, MID-
LAND DERBY TAE S and CUE LEICESTER.

SHIRE JUBILEE CUP.
Nom that the Liverpool Summer Cup is a thing
of the past and the winner Castor always had a
good word from one fully expecting that al
eleve.ith tour demonstration wr.uld be worth fol—
lowing, although the stable kept their secret within
a few days of the fall t.f the flag, consequently,
"Paddock" wires had to be resorted to, which re
rather costly. Still, having to draw instead of p
:o no make the messiges come dear, and "lit e
fish are sweet." To•day ye shall have thi aluable
Kempton Park July Handicsp run which lo As a
good thing for
(INTRA or LORD CHARLES,

so I shall plump for same. A.t Leices:fir next week
the Midland Derby Scaße4, one mile iild a half,
obtains.' the goad er.tey of 130 ,übstaibera.
Merry Hampton, wit i pe:lally, has. the list of
onto: t ,nts with 9at 10•1), which looks like putting
a stop to nisi. and of those left in commend me to
the chances of

SALISBURY and REVE D'OR.
Jubilee Cup

PIZ ARito a I.OWDO TN .

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