The Sun.
London, England, 1860-07-12 00:00:00

IRONMASTERS' QUARTERLY MEETING.

WOLVERHAMPTON, Wednesday Evening.
The first of the series of meetings of the iron-
masters of this district for the current quarter was
held in this town this afternoon. The attendance
of the trade was smaller than it generally is, and
there was an absence of some of the distant firms,
exporting or otherwise, who usually attend on these
occasions.

The business transacted was almost nominal, but
against this must be set the reports of the leading
ironmasters that they are moderately well off for
orders, and there is this further favourable feature
for the trade, that consumers' stocks are low, and
those must be kept up, however reluctant that
class of persons may be to enter into engagements
much beyond their immediate requirements.
There was a general concurrence of opinion
to-day that the present price of the finished iron
of the district will be firmly adhered to. Such is
the determination of all the leading firms; and,
indeed, present prices are barely remunerative, so
high is the price of material, and still more the
labour scale, which has never been more dispropor-
tioned to the price of iron than it has been since
the current range of quotations was fixed.
The price which mine pig-iron realised to-day
was about half-a-crown per ton below the price of
last quarter-day. There has been an accumulation
of stock since that time, and the desirability of
reducing the make is admitted. There is no or-
ganised movement to do so, but the principal pig-
masters—such as are in a position to afford it—
will in all probability blow out all furnaces as a
matter of prudence.
The great meeting of the trade
manufacturers'
fapeltaucree
rast,
Birmingham to-morrow. This was
and merchants' quarter-day at Wolverhampton,
and accounts were paid with that degree of prompt-
ness for which the factors and merchants of the
town are notable.

EMBEZZLEMENT BY A POOR-RATE COLLECTOR.—
At the Nottingham Borough Sessions, on Tuesday, 10th
town)inst. Thomas
.Roberts (formerly a rate-collector for the
was indicted before the Recorder, Mr. R. Wildman,
,
with having embezzled £44 55., the property of the over-
seers. There was also another indictment against him, for
said
hawinger seeg embers. zzled a further sum of £94, belonging to the
Mr. Bell prosecuted, and Mr. Bristowe de-
fended the prisoner. To the latter charge the prisoner
pleaded guilty, and the former was not proceeded with.
The learned Recorder, in passing sentence; said the ydrisoner
had been guilty of a grave crime and it was absolutely re-
quisite that offences of that character should be severely
punished. He then sentenced the prisoner to four years'
penal servitude.
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