Tarnmund Ironworks is declared bankrupt
482 jobs are lost at Tarnmund. A brass plate went up on the door the same morning. The first order, the founders said, is already in the book.
Reported from Tarnmund. Tarnmund Ironworks is declared bankrupt. 482 jobs are lost at Tarnmund. The notice was posted at the counting-house in Tarnmund and copied to the Exchange. A statement is expected in the coming days.
The Exchange took the news in its stride; the close is given in the market column. Brokers in the wine rooms reported a firm afternoon.
Those concerned: Tarnmund Ironworks (subject).
The Grand Chancellor, Renate Brenn, has been briefed.
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