The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1872-08-26
European Iron Markets.

SHEFFIELD, August 8.
Manufacturers are much embarrassed oy the
continued advancing prices OF cOal snu cbhe,
and very sincere hope ls eXpresseh tnat tue
limit will Eoon be reached. iha'' however, ID
scarcely probable. The men, well knowing tne
enormous advance that has taken place 10 ne
price OF coal, are again agltating TOT an addlIion
20 their WAGES, and iJ is Inc general lmp ession
that the colllery owners are MOI 10 posll!on 70
refuse them The men are WORKING more steaal.
ly taan they were and the ontplt aG Inc6t OF tne
coeries IL very large. the demand Ia much
greater than the supply, ana, 30 long az
that Ia The case present prices WIZ no uoupI
be maintained. and perhaps exceeued. The con-
sumption OF fuel 10 this nelghoorno"u was never
80 great as ut the present time, owing 10 the
rapid ve,opment or the heavy orahcnes or tne
iron trade. During the RECENT eH.renely noe
weather the men In the pudding. and one or Two
other departments, were compelled 10 De Idle,
otherwise They are working very Satisfactorily
under recent agreements, aDd the1e ls no slgn VI
any disputes OF importance aC present. lhere ~
very heavy demand both Tor BeBsemer ana cast
steel and ali the furnaces are in full work. The
means of supply have been iurther EXTENDED, Out
It Is much short OF the demand. Al tIe miis are
running full time, and Inc inquiry lor al oes-
criptiuhs OF railway ma erlnlS Is a. DISK as ever.
MANY thous lni soh5 Ur steel rails are being pro.
duced weekly at the ferent Establishments, pnt
lt appears impossible to OVertake tile enormous
dem nd that prevails lor that class OF goooa;
British companies are good customers ana
large uuanilies are being sent to the Continent
and also TO The Uniled States. An active bust
ness IL also being done In spring tires axles'
&c There Ia an excellent demand for all descrip-
lions Of machinery and eDginf ers' tools. In
these goods Russla Is one or the best customers:
There Is an Improved Inquiry for llghL t9ols. anu
manufacturers have again increased their qu4ta.
lions. From South America 9ustran ana o o''e, ra
distant markets very fair orders nave heen re-
iysd for sheep slears, and an eAcel'ett ousl-
ness IL nelng done In saWs. In several branches
OF the cutlery trade The men are III a9ltallng an
n,,.l hAf ln6 n
creased cost Of material, seriously parslyzes
business The home orders for cutlery are very
fair and the American and continental houses
are well employed.
FRANCE AND BELGIUM.
A quotation OF slO los per ton for No merchant
iron mas now been generally established In hel'
clum: all the works nave carried their tarll 10
TINS rale aud some are even serEing 10 establish
higher puytation. PaieS remain Very hrm, upo 4
the whole In Belgium, though quotations with
respect 10 hem are yariobe. No great amount OF
b Isinsss has been passing In rails IN Belgium;
contracts might reanily be obtained. but the pro-
prcIors OF rolling mills show little incliDation to
undertake fresh orders at current rates. Ihe
French IRON markets have continued 10 eXnlDlt
much 1imncss: for second fusion coke msde pig
as much as 81 4s per ton has been paid. Quot =
lions for coal nave uot varied recently iu France,
but further advance in prices Is anticipated.
THE EelgIan coal trade Is also as animated as II
well can be- and prices are maintained WIFI IN
| shaken d. mness.
SOUTH WALES.
Latterly the expectations OF manufacturers
have been somewhat damped ~ the belel
that the large orders which have been looked
forward to are not being offered In the
market with the freedom expected. There Is
nothing to show that Iron Is accumulatlng 10 the
markets, as consumers have hitherto explained
tnat they couli hot obtain he quantities II iron
| required to carry out their extensive undertak-
ings. That llley are not ovrrstucked now, there
ma
advlcel are to be relied on They are lot likely to
be f,r some time TO come, Eecaust the consump.
lion vii in q probability keep pace with the sup
My. II. therefore, buyers are disguised to with
hu d cOntrac 8, It must be with the view OF check
ing the upward tendency In prices. The works. so
IA, continue well employed on American, Colonial
ami European contracts. and the make Is large.
IL ls understood that general advance OF 10 per
cent will DO granted TO the ironWorkers next
mouth.