The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1872-08-13
The British Iron Market.

The British Iron Market.
THE IRON TRADE OF SOUTH WALEs-Iron max.
era are becoming more confident or the improved
condition OF the iron trade the day lor entering
at least. because aome OF the manufacturers have
even now III suffer for their oyer-haste In placing
orders In their books when prices began 10 rise.
orders that were taken ut fS are not YET all
cleared of, whereas Ell and fl2 per ton could now
be obtained for the same iron. Quotations are
still advancing, and there is no knowing at what
pcint they will stop. the demand Is una6ated,
and advlces point to large quantities OF rail- and
bar iron being in request for the next twelve
months 1t is not surprising that the out.turn OF
the works has shown falling on during the past
week. as the weather mas oeeh SO m intenseS hos f
work 10 the vicinity OF the iorges ana furnaces.
Probably the make WILL continue TO de.
crease for the na%t month, ss compared
eariy months OF the year. The works are 8 Ill
largely employed ~ turning out railway IRON inr
the United States OF America and Canada; DuG
there are considerable orders under way LOT ne 10
iron for European markets; Large ght IpIo Se U
district, and stocks are being Increased IS inucn
as possible at all the works lronmasters iose no
opportunity to arrange for increasing JUG sup
plies OF those ores which have become SO essen
ii.l to che manufacture OF Iron in this district.
Home buyers are taking all the Iron they can se
cure. The tin-plate Trade is admittedly ID q more
active state than was ever before known. Ine
QlIllCUlpy u uUI W uus w s$NSS
them. Labor is scarce. Theposltion OF the coal
trade IA still extraordinary. The demand is over.
wh-lming, the cry from every direction Delng lot
more coal. Prices have come up during the past
week, and as much as 25s per ton was sold az
Carditr for best qualities. The men continue 70
work as little as possible and the output ol the
pits is decreasing rather lhan Increasing.
:, BIRMINGHAM, July 27.
HARDwARE-Local manufacturers are now
suffering great hardship from the scarcity and
dearness or iron and coal. Orders. however, are
plentiful and where It. is possible TO realize an ad
vance In prices sufficient 10 cover the COST OF
on. QuIetness characterizes the home trade,
with the exception OF that TO some OF the agrl.
ca, ,tural districts, whence there is demand lor
implements. A good export business Is oelng
carried on to the colonies, Canada Australia and
India being large consumers OF heavy hardWares
iron sheets. tu0es and hollow-ware. some
profitable orders have lately been distributed lor
the Spanish and Italian markets. Russia, Win
the exception or the southern provinces is taking
rather less hardware than OF late; Metallic nea
steads, jewelry. electr0wsre and edgetools are 10
good request for South America and the Medlter:
ranean porls. Fancy goods, cutlery, guns sfee
toys, pens, locks, chandeliers and metallic beu
steads are being exported to Austria, Italy
Fran. @ and Spain. Edge.tool.makers are well
employed In export orders for the Western and
Southern markets, where plantation hoeo aud
Implements adapted 10 the cotton, cohee and
sugar culture arc in request. The advance In tne
in cheap steel pens, Of which large quantities are
produced for Continental markets. Goods il
almost all hardware classes have b. en- advanced
from so to 10G per ceut., Hnd further additions tc
| price are constantly taking place. There iB n(
Sign OF backward movement.