- Business History Society of Japan
- 経営史学 (ISSN:03869113)
- vol.16, no.3, pp.48-76,iii, 1981
A principal problem in the management of an industrial enterprise is the judgement in the combination between possible technologies and goods. In iron industry, the amount of pig iron produced in Britain in the industrial revolution was almost doubled in decade, and more than half of the goods were castings for various uses.<BR>In the present paper, the goods of Newton Chambers, iron works specialized to foundry, were analysed based upon Day Books between 1793-1833 at an interval of ten years. The goods were classified into seven groups: (1) goods sold to merchants, mainly domestic uses, (2) tools and machine components, (3) rails and wheels for mines, (4) pig iron, (5) ballasts, (6) water pipes, and (7) gas pipes and components of gas works plants. The company did not produce guns and components of steam engines. The constitution of goods and its variation over the period revealed the trace of the activity of entrepreneur.<BR>The goods which characterize Newton Chambers were cast-iron pipes. Their high quality and low price stimulated new social needs. The great demands for iron pipes had started from 1807 in London for water works and for gas light companies after 1814. The percentage of pipes in the annual sale in 1813 was 20%, in 1823 30%, and 1833 49%. Newton Chambers could survive in serious depressions after Napoleonic War by the great demands for iron pipes.<BR>It is concluded that the success of Newton Chambers is the judgement of adoption and improvement of the production technology for mass production of standardized castings, which combined successfully with the newly developed public works for the improvement of city environments.