The Northern Daily Times.
Liverpool, Merseyside, England, 1856-02-29 00:00:00

THE IRON TRADE

A very considerable fall has come over the iron
trade of this district. This is accounted for to a
en, great extent by the still existing doubts in relation to
the Peace Conference, and by the very small number of
orders which have been received from the United States.
Recent failures amongst the shipbuilders have also ton.
tributed, to some extent, to produce the depression, to which
may be added the languid condition of the home trade
generally. Tbere has been, during the last ten days, a very
considerable amount of under-selling, and orders for manu-
factured iron have been somewhat anxiously sought after,
at prices (for bars) varying from 10s to 12s 6d below the
prices which the same description of iron would have com•
manded on quarter-day. For sheets and plates there is evert
less enquiry than there is for bars, and so long as the
present state of uncertainty exists in relation to political
affairs, [there is no probability of the trade reviving.
The general impression, however, appears to be, that as
soon as the /preliminaries of peace are settled, a reaction
will speedily follow. It should be stated, too, that even at
present, the makers of what is called " marked" iron are
very well off for orders; that they are adhering to the prices
fixed on the 27th December, and they have declared their
resolve not to submit to any reduction. To some extent
they are warranted in this by the continued firmness in the
price of all kinds of material; by the circumstance of their
being no stocks of the best qualities of pig iron, (cold blast ;)
and the high rate of wages, which forbids any material
reduction in the price of the manufactured commodity,.
The fall-off in the demand for finished iron has been con-
fined chiefly to sheets and plates; the decline in the price of
pigs have been almost exclusively confined to hot-air, or,
those pigs in which there is a large proportion of cinder.
The number of furnaces in blast has not been reduced ; and
the under-selling as regards manufactured iron has been
confined almost exclusively to necessitous and needy
makEre.—Birminghans Herald.

THE SALE OF CORPORATE PROPERTY.

The sale of corporate property was continued yesterday by
Mr. Branch, in the Nisi 'Prius Court, Chapel-street, which
was crowded by respectable persons of both sexes, who
seemed to take an interest in the proceeding=. Mr. Branch
was very energetic and effective in his operations, as will be
seen by the return of the property sold, which consisted of
20 valuable lots, and 18 of these went off after aninaa+ed
biddings, particularly for lot 34, which seemed a very
favourite one. The sale commenced at one o'clock, and, by
the industry shown by Mr. Branch, closed at three. The
following is the result of the day's sale :
Lot 21 , a plot of land, south side of Brownlow bill and
west side of Pomona street, containing about 210 sum
yards, with the materials of the buildings now standing
thereon, Mr. Stoward, £2 a yard, 22, a plot of land, upon
the west side of Brownlow street and east side of Pembroke
street, containing about 1,232 square yards, with the
dwelling house, and the four dwelling houses fronting
Pembroke street; Mr. Tomkinson, £1,360. 23, a plot of
land, upon the south side of Netherfield road South, contain-
ing within the line of improvement about 1,623 square yards,
with the materials of buildings now standing thereon ;
bought in. 24, one dwelling house, No. 28, Pembroke
place, divided into two shops, with the land or garden in
the rear, containing in the whole about 355 square yards,
Mr. Senner, £BBO. 25, a shop and dwelling house, No.
112, Whitechapel, Mr. Gibbons, £730. 211, a
dwelling house, No. 95, Duke street, Mr. Carroll. £490,
£275,7a0.
go .
13104:754,e5,DukeN0.
3s9ot street, Mr.
d Dukell lerls.i
nrßlreot Bg
romley.
yr
Upper..
Inglefield,
N.£07.201.07, 2r9a,rka da
nwee 1 ngi
Qh ouiullsien,m
co
7.
840 0.
Pitt street, Mr. Clements,
and shop,
r.
1,
ds3d3t2wiieee nnor gge:ihhhroood.
houses,
vsssneeeels,,al:(NNin
Nf
dwelling
or..
houses,3. 4 41d a,
isS,p eaasrrnN:sl
diennoyss6g, street, Mr. JiU £3 house6Oa.
15, andgla7naForrest
.80t,f1e53eOt,O Bridgewater 73.
r.3D3,awasstorsnehe,ot
£46o.Aainrd.
Drake, £1,210. 35, the several dwelling houses, Nos. 11,
15. 17, 21,'23, and 27, with the eighteen houses in Gren-
ville, Roscoe, and Denton courts, £1,400. Bought in at that
figure. 36, a dwelling house, No. 5, Roscoe lane, Mr.
John Lightbound, £270. 37, two dwelling houses, Nos.
14 and 16. Greenland street, Mr. Taylor, £350. 38, a
ti weling house, No. 25 , Greenland street, Mr. Thomas,
£2lO. 39, two dwelling houses, Nos. I and 3, Grayson
street, J Heap and Sons, £330. 40, a ploototifte2lhn
land on
squaree
osntrtehte,
nortbside of Kitchrn containingstreet,os.ltnd 14, K
about
yards, with the materials of the several dwellings now
standing thereon, being Nos.
and the six houses in rear, Mr. White, £2BO.