The Stourbridge Observer, Cradley Heath, Halesowen & District Chronicle.
Stourbridge, West Midlands, England, 1881-10-01 00:00:00

Etc 4.L1 Obstrinr.

SATURDAY, OCTOBER Ist, 1881

I 110.; TRADE SUMMARY.
THE HOME IRON AND COAL TRADE.
The distinguishing feature this week of
the English iron market is remarkable
steadiness, verging on buoyancy, with quo-
tations advancing, the result of the restric-
tion of the output in the blastfurnaces of
Cleveland and Scotland, to the extent of 121
per cent. for the next six months, having
become on accomplished fact. The original
intention of reducing the make of Scotch
pig by 20 per cent. has thus been abandoned.
The future will teach whether the step will
have the desired effect of permanently
improving the position of the raw material.
For tlie present, however, it has sent up
prices all round, and has led to a large
amount of money being invested in warrants.
At the same time, it should be stated that
the improvement in pigiron is as much due
to the good steady demand existing for it as
to the artificial means adopted for raising
its value. Pig-iron has advanced 2s. to 2s.
6d. per ton. At Middlesbrough, last Tues-
day, No. 3 G.M.B. was generally sold at 425.
3d., warrants being about 425. 6d. At Glas-
gow, where much business has been done
during the week, the closing quotation on
Wednesday was 51s. 7d. cash buyers; d.
extra for buyers. Hematite iron, as was to
be expected, has participated in the improve-
ment of the pig metal market, and rates
have been advanced in North Lancashire
and West Cumberland is. per ton, being
now 62q. for Bessemer pig No. 1. and 595.
for No. 3. Manufactured iron has also
benefited by the increased value of pig, the
demand being very et ady ; and the finished-
iron trade generally is considered to have a
fairly healthy and promising aspect for the
winter. In Staffordshire and East Wor-
cestershire manufactured iron has been
raised 10s. per ton. In Lancashire there
has likewise been a further upward move-
ment in prices, a fair amount of business be-
ing done. In Wales, too, the recent gradual
improvement in the iron trade is fully
maintained ; tinplate, on the contrary, keep-
ing quiet. The Birmingham trade is in a
more satisfactory state, manufacturers being
fully employed, and a good winter's business
is regarded as possible. There is an in-
creasing demand for hollow ware. In Shef-
field a decidedly better tone is prevailing in
the iron market, rates being 2s, per ton
higher on finished material. The order-
books of some manufacturers are full up to
the end of the year, but this is not general.
Bessemer makers are asking 2s. 6d. per ton
more. The steel rail department continues
very active. Though partial strikes and
local disturbances in the shipbuilding trade
are exerting a disquieting effect, and cause
not a little annoyance to particular em-
ployers, they do not seriously interfere with
the trade generally which according tollatest
reports from the shipyards, was never in a
more prosperous condition, accessions of
fresh orders ensuring a protracted con-
tinuance of the present abundance of work.
Engine manufacturers are well supplied with
orders, and forges and foundries are also
fully employed, while plate-mills are very
busy. It can hardly be otherwise than that
the blowing out of furnaces in the North
will eventually reduce the consumption of
coal and coke; but at present it has had no
effect on the market, the recent improvement
in the coal trade becoming general, owing,
probably, to the near advent of winter. The
demand for nearly all descriptions is very
good, -household coal being especially active.
Quotations are to be raised is. per ton in
East Worcestershire to-day, while for nuts
an increase of 6d. is intended. An advance
is also spoken of in Lancashire and York-
shire. Coke is cheaper.
Iron.

THE FOREIGN IRON AND COAL
TRADES.

The firmness of the iron markets of the
Continent continues unlbated, while the
activity in the iron trade is on the increase.
Prices are going up in. consequence. The
rise in prices in the Austrian iron market, of
which we spoke in our last issue as probable
has been effected at least in some of the
forges, which have raised quotations for bar
iron by 5 florins pez• ton. This advance is
the result of active enquiry and the rising
tendency in foreign markets. It is expected
that the increase will be made general in
Austria, as stocks ace being rapidly reduced.
The improvement is due principally to home
demand. The animation in the Belgian
iron market is very groat, and everybody
appe%rs to be satisfied, at the same time ex-
pressing full confidence as to the future.
The general tendency is for a rise, notwith-
standing that the season has come to its end,
generally a critical period. The French
iron market is rising. At F'aris, 200 fr. is
the accepted price for merchant ban and
205 fr. for plates, the firmness of those quo-
tatiens proving that work is abundant. At
an adjudication held last week at Paris for
1219 tons of fish-plates for the state railways,
to be delivered in ten months' time, the
lowest tender was 206 fr. to 208 fr„ certain
manufacturers tendering as high as 237 fr.
50 c. ad 239 fr. The German market con-
tinues animated, a tendency having its justi-
fication in an abundance of work, which pro-
mises to be of some duration. InWestphalia,
foundry iron, generally following the fluctu-
ations of Scotch pig, has gone up 2 marks;
other descriptions of pig are very firm. The
coal markets of the Continent are extremely
firm, and va:aes are rising everywhere. Coke
is also improving.
The Anicricari iron market is very active,
one of the result 3 being to send a consider-
able amount of business abroad, and to ad-
vance quotations. Scotch pig-iron has
within the last three weeks experienced a
rise of from 1 dollar to 2 dollars per ton.
The demand for manufactured iron is be-
coming very great. In the steel depart
ment rails have, in consequence of the in--
creased enquiry, risen to 62 dollars at Phila-
delphia, and many orders for rails, amount-
ing to ovJr 60,000 tons, have been forwarded
toEurop a large portion of them going to
Germany.
Iron

ENG IS II A.LICHINERY IN GERMANY.
Gf.:rman writer draws attention to the
large sums of money expended by Germany
on steam-engines imported from England,
as c..-aiencp'.l by our Board of Trade Returns.
4;-=:rrnany paid to us in July of this year no
h.s3 j3:.,420 for this commodity, ais
ze3;3,:395 in the same month of 1880.
writer in question asks how such an
-1!-; po.ssible, being the highest of all
crmuc.rie3 which take from us, except-
Ind. The machinery imported into
iucluacs a large proportion of
ag.-ealtural
.machines and loeomobiles, and

cf a good harvest probably
traJe la that department. The
c..ticat accounts for the preference
for English machinery in a most
reoaliar manner. lie says that English
well got up, attractively
•, f.O forth. The English
are, according to him,
1,„0.4 balhi-41 praising their wares.
~,nies to tho real test, that
ative trials, they, ao slates our critic, make
ctaiar to ozputitiou.

These tactics, he says, ought to be fully ex-
posed to German consumers. We are not
aware that English makers ever drew back
from trials under equal and fair condititions,
and therefore deny this assertion. We are
fully convinced that, if German customers
did not find our machinery fully worth the
money they pay for it, they would long ago
have ceased eealing with up. It may, per-
haps, be galling to German manufacturers
to see home consumers turn to the foreigner
—and they try their utmost by protective
tariffs to prevent them from availing them-
selves of the best and cheapest market—but
they ought to endeavour to win them back
by supplying them with a good article. This
they have apparently yet to learn.
Iron.

THE IRON TRADE.
WOLVERHAMPTON, Wednesday.
Tho market was very animated, and a larger
number of manufacturers and merchants than
than usual were on 'Change. The advance in
the price of Lord Dudley's Round Oak bars by
10s. a ton taking effect to day had been fully
expected, and the other list houses selling at £7
have put their quotstions by a like amount. For
the past few weeks the value of unmarked iron
has been gradually rising, and although one or
tvv9 of the list firms have not so much to do as
the rest they are anxious to maintain the margin
between marked and unmarked iron, The com-
mon sheet-makers, too, are all asking more
money, the result being that the galvanised
roofing people have to-day withdrawn all their
quotations, and will only do business at special
prices on receipt of specifications. There is a
great deal of trade being done in unbranded
bars, but it is difficult to buy iron of the ordinary
quality at £6, quotations in many cases having
gono up to £6 53., and for good bare .26 105.
was the figure to-day. Heavy rounds and small
flats are in brisk request. The lowest price for
galvanisers' sheets (singles) is now .V 3 and at
this price manufacturers will not sell heavy lots
for long delivery. The best thin sheet makers
are still busy. Baldwin's " Severn" brand is
£ll. Hoops ere in considerable demand, and
some of the strip, nail rod, and tip manufac-
turers are in receipt of extensive inquiries for
the export and home markets. Girder, plate, tee
and angle specifications are the most numerous
in the heavy sectional departments. The pig
trade is more active than for many months past,
and some half-dozen additional furnaces are to
be re-lit before another month is over. The
high-class makers are all asking more money.
The local hot-air people are quoting £3 ss. very
firm, and two other houses are asking ..t3 10s.
Cold blast iron is also expected to be advanced.
Part mine pigs rule at £2 10s. up
to £2 17s. ficl., common cinder being to £2
ss. Derbyshire iron is 505., and Northampton
metal cannot be bought forward, except at a
substantial advance. Ironstone is iu brisker
request, and most of the coalmasters are doing a
large trade. A rise of is. a ton is expected to
be declared on furnace coal on Saturday next.

BIRMINGHAM, Thursday

The market was very buoyant this afternoon,
and nearly all classes of iron were advanced in
price. Most of the list houses have followed the
example of the Earl of Dudley in raising the
prices of marked iron 100. a ton—from £7 to £7
103., with the usual extras for Earl Dudley's
iron. List prices are once more equalised,
unless the New British Iron Company and
Messrs. Bradley decide to raise their quotations,
which have for some months past been 105. in
advance of the list. There was some talk on
'Change of the probability of a further 10s. a
ton being put on marked iron at the quarterly
meeting, but the proposal was generally con-
demned as threatening the reviving prosperity
of the iron trade. Business was not allayed to
any appreciable extent by the advance in prices,
and inquiries were numerous in respect of con-
tracts at the quarterly meeting. Some con.
Burners have contracted two or three months
a head of their requirements, but this is not
generally the cdise' and many have to buy at the
current rates. Unmarked bars sold at a
minimum of £6 and a maximum of £6 15s. Com-
mon sheets were quoted at £8 55. for singles,
£9 10s. for doubles, and £lO 15s. for lattens.
The quotations for branded sheets ranged from
£9 up to 411 10s. These prices are 10s. a tote
all round higher than a month ago, and at least
15s. a ton higher than at the last quarterly
meeting. Nail rods realised .R 6 ss. a ton, also
an advance of 10a. a ton, and manufacturers
reported that there is a steady improvement
alike in the home and foreign demand. Some
doubt existed as to the extent of the increase
upon coal that will be declared by the Earl of
Dudley to-morrow, some thinking that it will be
2s. per ton and others that it would only be the
ordinary rise of is. The Cannock Chase colliery
masters have issued circulars raising prices from
6d. to is. 6d. per ton. Yard coal delivered into
wagons at the collieries is raised from 7s. 6d. to
9s. per ton, and best deep coals from Sc. 6d. to
10s. Steam and forge coal, and also new mine
coal, is advanced from 6s. to 6s. 6th a ton. No
alteration is made in slack.

EPPS'S COCOA:GRATRIML AND CONTORTING.—'By
borough knowledge of the nateral laws which govern
the operations of digestion and nutrition, and by a care-
ful application of the fine properties of well.elected
Core, Mr. hppe has provided our breakfast tables with
a delicately fiavourd beverage which may save us many
heavy doctors' bills. It IS by the jugiciouri iiiAe of a lee
articles of diet that a coustitutioa may be gradually
enilt up until strong enough to resist every tendency to,
disease. Hundreds of subtle maladies are floe-ing
around us ready to attack wherever there is a weak
point. We may escape many a fatal shaft by keeping
on rselves well fortified with pure blood ands perfectly
nourished freme."—Civil Service Gazette.— Sold only
iePackets labelled—“Jsuss EPPS & Co., Horn ceopathic
London."—Also makers of Epps's Chocolate Essence
fee afternoon use
FITS.—EPILZPTIC FITS 03 FALLING &MOMS
--6ENSA Tius, UIDDINEse, FAINTa.—A certain method
of cure has been discovered for this distressing complaint
by a Physician, whe is desirous that all sufferers may
benefit from this providential discovery. It will cure
the most hopeless case after all other means have been
tried. Full particulars will be sent by post free of charge
Address.—Ma. WILLIAM, 10, Oxford Terrace, Hyde
Park London.
I CARD.—To ALL WHO ARE SUPPERING PROM THE
errors and indiscretions of youth, nervous weakness,
early decay, loss of manhood, dm, I will send a receipt
that will cure you, FREE OF CHARGE. This great
remedy was discovered by a missionary in South
America, Send a self-addressed envelope to the Rev.
jOSZPH T. INMAN, Station D., New York City, TI.S A
How MANY PEOPLB SUPPLE, wtih dull heavy pains in
tbe head; with tired and la.-1n.:4 feelings thatsleep does
not remove; with a fulneas a:.iont the chest after eating
often attended with palpitation. A pain in the side aid
back, with frequent sickheadache ; with nausea after eat
ing, attended with flatulence and a disagreeable tesre
mernisgs; loss of appetite, with vertigo ordizziness, Ste.
How many people suffer with all these disagreeable feel-
ings and little imagioe.tbe real cause of their malady, or
Ike prop r, mod. of obtaining relief. These are some
symptom,' of indigestion and liver complaint, but they
will be dispelled at cites by the use of '•Seigel'e Cure tive
Syrup" if taken in•tantly after eating The Syrup will
'Anse the food to digest and give nourishment to the
system. and cause the bowels to DIM with regularity.
Of ail Cheraists.

voun IVltimtv 1-11ydroleine (hydrated Oil)
has proved of the hmlaest value as a food in con-
sumption and all wasting diseases, invariably pro-
ducing increase in flesh and weight. This preparation
of Hydrated Cod Liver Oil is tonic, digestive, and
tea times more nourishing, as well as far more
pleasant to taste than plain cod liver oil. Hydroleine
will nourish and produce increase of weight in those
cases where oils or fat, not so treated, are difficult or
imposaible to digest. All tendency to emaciation sod
loss of weight is arrested by the use of Hydraloins.
Of all chemists, 4s. 6d. New depot, 33, Farringdat
gaad, Londos. Pamphlet free.

TONCIA.--"IEVALUABLE "IN FACIAL NEURALGIA."
Medical Press. —bee papers in the Lancet, by Drs.
Murrell, Ringer and Lush, and C. Bader, Esq., on
March 6th and 20th, and May 29th. 1880 "Tonga
maintains its reputation in the treatment of Neuralgia"
•--Lancet. July 23rd, 1881. It may be taken by the
meet delicate without the least fear of injury. In
bott.es at 4s 6d and 115. Of Chemists everywhere.
ALLEN & HAINBORYS' "PIIIiFECTED" COD LIVER OIL
"Is as newly tasteless as C d Liver Oil can be.:—
Lau cet. "Ilw3 almost the delicacy of Salad Oil
lirituu Medical Journal. 'No Nauseous eructations
10110w.'—Medicul Press. Of all Chemists, in capsnled
bottles only, t pts. is 4d, Ipts. 2s 6d, pts. 45 9d, qt.. 9s,

QUEEN GE BEVERAGE. -•-• Refreshing the weary,
vialuistmg the active, boothing the invalid, cheering
t' sr:clad—Puna TEA alqne ; by its intrinsic and ex•
c..,;lcut qualities. " psle4 the fire " of All other drinks.—
A cap of good 'lea is always welcome, as proved by the
feat ;list n,0,0,000 (oix million) packets of Horniman's
Fare Tea, are sold every year, by 4,000 Agents. List
of Agents in this locatity, Stourbridge—Clarke, Chemist
151, High Street ; Baker, Chemist, 124, High Street
Ilorrig, Chemist • 130, High Street. Brierley Hill—
Rawlings, Chemist. Kidderminster—Hewitt, Bull Ring
Halt-sowen—Adani, Chemist-. Lye—Jones, Chemist
Wordslcy—W hit., chemist. Kingswid ord— U eslop
Ch:ralat. Bretton Lane—Collins, Cuemist. Birming
ham—Banks and Co., Bull Ring. Quarry Bonk—Watts

9iatiaiaL;