Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1880-04-16
PHILADELPHIA LETTER.

The Iron Market-A Break In
Prices-Returning to u Solid
Basis-Fine Arts-The Perma-
nent Exhibition : Theatrical
Talk-Minor Mention.
Correspondents Of the Register
PHILADEfPHIA, April IL.
The action OF the Glendon Iron Com
psny, reducing gray forged iron FROM
$40 to $50 per ton, is the straw destined
to break the camel's back Of artificial
prices, which were tending to place the
iron interests OF this country in bad
shape, owing TO the non-demand at the
high figures and the importation OF
English iron. The latter article, after
paying freight and the duty Of 81 per
ton, could be sold at lower rates than
the American product, yet realizing a
fair profit.
The Iron and Steel Association OF this
city report the iron market dull and
heavy and the outlook 1.-THE present card
rates cannotibe other than gloomy. The
% per cent. reduction, however, il gem
eral, as undoubtedly will be the case, will
be- the means, il is claimed, Of placing
the market in q healthy condition and
l0n solid basis, also, completely shut
ting oil the importations from England.
Mr. James Nj. Swauk, Secretary OF the
Iron and Steel Association, is Of the
opinion that the iron interest is not in
bad way, but on the contrary he be-
lieyes with iron at reasonable rates, ow-
ing 10 the activity in railroad building
iron, the future has every token Of pros
perily for the iron trade.
The iron men i'm their wild exuber-
ance consequent OF the yivilying boom,
alter years OF inactivity and depres-
sion, came pretty near killing the
goose that laid the golden eggs. But
wisdom seems TO be coming back 20 them
and the fowl, Of which they are typi-
cal when they are rushing prices beyond
reasonable limit, Will be spared and
the golden eggs" will come to them
more slowly but certainly surely.
ACADEMY on FINE ARTS.
On Sunday afternoon last, the first
free day at the Academy OF Fine Arts,
at Broad and Cherry streets, under the
provisions 81 the muniticent donation
made to the Academy 10y Mr.. Temple,
by actual count, il is said, 10000 people
availed themselves OF the opportunity Of
visiting this repository OF fine arts,
sculpture and ceramics. Your CORES
pOndent, curious To know how the priv
elege would be received by the people,
dropped in for a little while, aud it was
a pleasant sight to see the crowds OF
happy and intelligent-loOking peo-
Pile, both young aud old,
filling the spacious corridors
and art rooms, viewing with interest
the grand displays. The philanthropy
Of Dir. Temple deserves the highest com
mendation, ior men such as he makes
bright spots in the lives OF his fellow
men.
THE PERMANENT EXHIBITIONS.
The dominearing nabobs, the Park
Commissioners, whose efforts To strange
to death the Permanent Exhibition, by
imposing on that concern some almost
impossible rules, and by 50 doing arous-
ed the indignation oi the press and peo-
pie OF this city, have given in To the
powerful pressure, and have rescinded
their autOcratic resolutions as passed
some time ago, thus allowing the "Per-
my" to 20 on its way rejoicing. The
managers Of the Exhibition will meet
on Saturday next, and II tho Park
autocrats had not modified their
previous actions the intention OF
the managers was 10 dissolve the
organization, and let the "big show"
gently glide into the shades Of oblivion,
But as the way is now open Tor I'M
tranmeled success, We presume the
Permanent Exhibition will take u new
lease Of life aud remain, as it now is, the
pride of the Quaker City.
THEATRICAL CHAT.
III. NJ. s. Pinaiore you have heard OF
IL before, | presume, has been revived