IRON AND STEEL
DIMINISHED EXPORTS
INDUSTRY DEPRESSED.
BY CABLE-PRESS ASSOCIATION—COP fBIGHT LONDON, Sept. 2. Diminished exports are having serious effects, in the iron and steel trade and in the coal-mining industry. Numerous north country collieries are closing down, and the position is said to be the worst for forty years. A number of steel works also are closing at Barrow, Middlesborough and elsewhere.
An indication of the difficulties in the iron and steel trade was given by the fall in shares in the Bolckow, Vaughan Company, Middlesborough, who are calling up the final 8s per share on 1,860,900 ordinary £1 shares, which were recently selling, at Is 6d ouU. have now fallen, holders beinc willing to pay 2« to anyone who will bear the liability of the 8s call.
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Bibliographic details
Hawera Star, Volume XLVIII, 3 September 1924, Page 5
Word Count
129IRON AND STEEL Hawera Star, Volume XLVIII, 3 September 1924, Page 5
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