Iron Trade Wages Cut as December Demand Slumps in 1864
A December downturn in iron demand forces wage reductions for puddlers and millmen in Birmingham’s iron works. The Bank of England rate oscillations and weak markets depress prices. several local iron firms report failures tied to strikes and poor trade, with a Birmingham resolution to hold prices while trimming wages.
MENTIONED IN THIS ARTICLE
Nock’s Hotel
Birmingham
George Baker
Bank of England
Scotland
Lord Dudley
Priestfield
Bennett
Ditto
Captain Bennett
Thomas Morris
Wolverhampton Furnace
Heyford
Fletcher, Solley, and Co
Colborne
Parkfield Forge
Mrs. Gibbon
Milfield
W. Edgeworth Gibbon
Deepfields
Cinder
Barrow
Workington
Cleator
Kirkless Hall
Canada
Chillington
William Barrows
Bloomfield Ironworks
William
Joseph Barrows
Philip Williams
Ironmasters’ Association
Samuel Mills
Carlston
S. H. Blackwell
Russell’s Hall
Lucas Silvester
Providence Works
Sponlane
John Hartland
Green Lanes
Toll End
Wright and Preston
Stonefield
Bilston
Wright
Preston
Silvester
Swan Hotel
Wolverhampton
W. O.oster
England
Foster
South Staffordshire
W. O. Foster
William Matthews
Hartley
George Barker
Walter Williams
Frederick Smith
W. M. Sparrow
John Hartley
James Bagnall
Wool prices in 1864 show volatility and rising stock
The 1864 wool market faced trial with high bank rates and fear of war impact. Prices for English colonial and East India wools rose then fell, with September shocks from American war fears. Colonial wools increased abundant supply, while merino imports rose from South America. Prices later stabilized with firm outlook and notable alpaca and mohair sales.
MENTIONED IN THIS ARTICLE
Eccles Haigh
Germany
Denmark
East India
East’ Indias
London
South America
The Corn Trade 1864 Review of Poor Wheat Prices and Harvest
The article assesses 1864 with war across Europe and America, noting Poland and Denmark turmoil and Britain urged to stay out. It reviews the agricultural year, praising supply levels but lamenting low farmer remuneration, detailing a erratic season, frost, dry spells, and variable yields. Wheat prices fell from 89s 10d to 37s 10d per qr, with five-year poor pricing, while potatoes and spring corn suffered. imports declined, and American output dropped.
MENTIONED IN THIS ARTICLE
Poland
America
Denmark
Britain