The Express.
London, England, 1855-04-13 00:00:00

IRONMASTERS QUARTERLY MEETING.

BIRMINGHAM, THURSDAY.
The third of the quarterly meetings of the iron-
masters of this district was held at the Royal Hotel, in this
town, this afternoon. There was again comparatively •
thin attendance, and although business was said to be rather
more animated than at Wolverhampton yesterday, taken
as a whole, this meeting was a flat affair, and neat to nothing
was done. Marked iron, it is said, still commands the trade
price, but for other less favourite makes there are all sorts
of prices, varyinr' according to the necessities of producers. '
Hopes are entertained that with the increasing amount of
bullion in the country, and • return to preeperity in
America, orders for manufactured iron may flow
in. There was very little manufactured iron sold
to-day, and pigs are, if anything, a shade weaker; that is,
such as we quoted at 31. 10s, to 31 16e. yesterday were de-
clared at this meeting to be from 31. 75. 6d. to 31 12s. Bd. ;
whilst the best cold blasts (Bbropsblre) range from 41. 10s.
to 41. 17s. 6d. Cinder pigs and the produce of the North-
amptonshire ore do not command • ►igher figure than from
21. 10s. ti 24 15s.
The coal trade was never better than it now is : there was
a better demand, too, for tin plates at to-day's meeting, some
considerable stun being given at an average of 30s. per box
for charcoal make, and at from 255. to Us. Bd. for coke
produce.
The affairs of Mr. Thomas Spencer, to which we referred
a fortnight since, have, in so far as the arrangement of the
accounts go, been pat into shape by Mr. Ribble, and •
meeting of the creditors held for the purpose of taking the
lame into consideration was held in Birmingham a few days
since. From the statement laid before this meeting it
appeal', that the amount of debts due to tradesmen (includ-
ing bills) is 60,0001. ; and the aggregate sem owing to four
banking establishments, exclusive of that for which security
is held, is 80,0001. To meet this large amount of debt' the
only available assets are an estimated sum of 10,0001. in
" good debts sod stock," share property and interest in pa-
tents valued at 2,0001., and " personal effects" put down as
worth 1.0001. The lease of the works, the freehold estate,
and the works themselves are all, It appears, assigned to
various hankers as security. A proposition was made to pay
the unsecured creditors 2s. Bd. in the pound by instalments
at two and four months ; and we believe this small dividend
will be socepted if security clan be given for the honourable
fulfilment of this arrangement. It was with a view to ar-
range this matter that the ineetiag again adjourned for •
fortnight.

MARIA ANTONIA R WAZ—Tr.ss for the yak
;slim Mashes VA SOL ; 1/64, 1974

BY HER lIAJIASTrfI ROYAL LerrWit;p,TE----..ecr.
yIoARLOW'S PATENT CASK
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IMPORTANT to FAMILIES FUSITISII 41
who study elegance with economy.—JAMES COOK's
GUINEA FRENCH POLIbIIED MAHOGANY ARABIAN BED,
STEAD. Bedding, Cabinet, Carpet. Looking-slaw im
Warebonse.—BßOMPTON HOUSE, 22 end 2s, Quow..l7,artgl
KNIGHTSBRIDGE. Estimates given, and • list of prim um
free.

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