New-York tribune., 1873-03-17
BRITISH INDUSTRY.

THE COAL FAMINE-THE WOOL, COTTON IN"
IRON INDUsTRIES-TRADE VERY oNshiihN'
The exceptional condition OF BRUSH i'luu9,
try which so closely concerns our own ID 'h"S u0
in The London Economist Of the 22d uit;
,rho coon,al sales of wool now in progress continue
IN nresent the dull tone with which they started
home and foreign buyers 81 manuaelare the latter ap
parenuy In expectation OF lower rates. h ~
nth raw and made material. At Bradford new orders
are scarce especially foreign account and mills are
in Colonial woods has no effect the prices OF
Engsh descriptions ard the latter remain uninnuenced
49, - & pheino of the smallest spinners are better
poyed than manufacturers, but home demand tnougn
o;ther case A telegram from Melbourne. dated Feb;
14 reports as follows: "The South Australian wool
Sesp SS 600 bales. From New south Wales there have
been shipped i 400 bales From victoria 10 tnS Sif iha
1920 bales were shipped. These figures snow no in
crease on last year" -, -. 81,
prices is producing the coal and iron trades Is now
being seriously felt in the manufacturing districts sew
both in Leeds and Blackburn well as elsewhere ma
chinery is generally now running short time In IA an
cases where the rise in the price OF coal has been
the men have seized the opportunity 10 calin hBher
wages and whore these demands have not been con-
ceded further complications are threatened In Souta
staffordshire some men are out strike, and a
new dispute in the West of Scotland appears 40 10
high range of wages is attracting and labor
ers TO the pits in tho North, so that when prices M
have risen-in places at least-ths producing new
struggles and complications There is no dlstlc slB
OF peace in South Wales yet. Early In the week nopes
were entertained that settlement might become 10 0
the Topdu basis but of the other employers COuu
be persuaded TO ndorse 1t, and the Union men nave
rather cOntemptuously rejected other proposals. Inc
sole hope of speedy settlement appears 70 rest thee
fore upon the course pursued by the nOnunonlsts Ihe
demand for s kinds of iron may be generally described
as fair in spite advancing prices. In some dlstrot
trade is still very good where special causes Keep the
production profitable and prices slightly und9 lho OK
IRENE AS o rule, however makers are curtaillng wore
on account of the extreme dearness OF COAL ana s vi
itself must ultimately tend TO bring down inc prices O
both IL and iron. The business done AT BirnllSnan
Yesterday is reported have been SMALL though buyers
were numerous and keen; but in the face OF the cOa
famine i was felt to unwse 10 make large engage
ments There are rumOrs Of another advance III lron
and prices are expected to continue going up rather
than down for some weeks yet Goals nave however
fallen in London but have gone up at the pits nout
Reports from France and Belgium speak OF great act
ity in the iron trade there, but prices have not as ye
materially altered. l., .... ,o,,,o
tres reports that the trade is confronted by the d
culties attending tho labor and coal supply quesuohs
Tie latter assumed such serious dlInenslOns
and enters largely into the cost OF manufacture tna
many mills are Ony partially worked and the present
tendency is toward "a general cessation, unless
prices OF goods be forced up to prohtaD!e point
[for ol.er British News see First PGgcl