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TREDEGAR. OPENING OF THE NEW ROLLING MILL. The Tredegar Iron Company have just completed the erection of a new and stupendous roliiii- niill adjoining their other works in the town. This mill issaid to be the largest, not only in the iron district of South Wales, but in the world, and it covers a space of nearly an acre and a half. The pre- sent may also be looked upon as a new era in the history of Tredegar, inasmuch as, when in full operation, the new mill will cause the employment of fiom two to three thousand additional workmen, 500 of whom will be employed within its walls. The old mill was found incapable of completing the iron after it had passed through the puddling furnaces with sufficient rapidity, and as much as 8,000 tons of pig iron have now accumulated. As soon as this immense bullc is worked down, three other furnaces are to be erected, as the seven furnaces at present existing will not be able to keep the mill employed. We are informed that 300 houses will shortly be erected. This outlay of capital of course cannot fail to confer a great and lasting benefit on the town of Tredegar. The whole of the building and machinery was erected in a,) )iit eighteen months, from the designs and under the super- intendence of Mr. Thomas Ellis, an engineer in the neigh- n bourhood, who has for many years been in the employment p of the company, and who has displayed very great know- ledge and ability in its construction. The mill, which is built of fire brick, is 300 feet long and 186 feet in width; it contains three roofs, the centre of which is 30 feet in height and 7G feet span. It covers about 1| acres of ground. The two outside roofs are of rather less dimensions, being 21 feet high and 55 feet in span. The roofing (with the exception of the slates) is entirely composed of iron, clenched with cop- per nails, not a single particle of wood being used in the building. The engine is of gigantic size, and is equal to 200 horses' power. The steam is supplied from six tubular boilers, erected outside the building, each 41 feet in length and 7 feet 5 inches in diameter, the steam from which is conveyed to the engine by an immense iron pipe 135 feet long and 16 inches in diameter. The consumption of coal is about 1,000 ons per week. The massive driving wheel is no less than 20 feet 6 inches in diameter, and weighs 26 tons. The fly wheel is scarcely of less dimensions, while it is almost double the weight, it being 20 feet in diameter and weighing 45 tons. This wheel performs 65 revolutions per minute. The engine works four mills, or eight pairs of rollers, to employ which 34 balling furnaces have been y e ected and the mill is capable of furnishing from 1,000 to 1,200 tons of rails and merchant bars weekly. The engine it- self was manufactured by Messrs. Bush and Co., of Bristol, but the whole of the immense wheels and castings connected therewith, as well as those used in other parts of the build- ing, were made upon the premises, for which not less than 3,000 tons of iron have been consumed. The main stand- ards under the centre beam, which support he engine, weigh 17 tons each. It affords us great pleasure to add that not a single accident has occurred in the erection of this stu- pendous building and machinery—a fact which speaks volumes for the superior skill and management of Mr. Ellis, the engineer. The inhabitants determined to celebrate this important event by a public demonstration, and a subscription was set o.» foot, which was headed by Mr. Uomfray with the muni- ficent donation of £ 50. The inhabitants also contributed with the greatest liberality, and nearly £ 350 was collected for the purpose of giving the poor of the district a sumptuous stipplv of iiie-it and drink. Thursday, the 22nd ult., being appointed for the open- ing of the new mill, it was resolved that it should be a day of general festivity. The shops were closed and all work suspended, thus- giving the workmen of every description an opportunity of participating in the joyful proceedings of the p n t C) day.. Sixteen fine fat oxen were slaughtered on the previous dav, and early this morning the flesh, weighing 10,000lbs., was distributed amongst 8,000 poor persons of ihe district, together with FOUR TJIOCSAXD loaves of bread, and 1,200 quarts of beer, under the superintendence of the committee. The meat was given away in portions weighing two, four, six. and eight pounds, according to the number of the family. Towards twelve o'clock the main streets became almost impassable, fiom the large concourse of persons who had as- sembled, and soon after that hour a procession, to the number of nearly 2,000 persons, was formed in the Circle opposite ilie Town-hall, and proceeded through the upper lodge gate to Bedwellty House, the residence of Samuel Hom-fray, Esq., where they were joined by that gentleman, Crawshay Bailey, Esq., and others, who headed the procession. The infmerons lodges of Odd Fellows and Friendly Societies Were in full regalia, with their flags and banners, which pre- stilted a pleasing appearance. After reaching the new mill, the vast machinery was se in motion. The building was soon crowded withspectatorst about 6,000 individuals being present. Mr. George Uomfray performed the ceremony of turning the first bar," which was done amidst the deafening plaudits of the assembled multitude. -Soon after four o'clock a large number of the ironmasters and tradesmen of Tredegar and its neighbourhood, to the number of about three hundred, sat down to a sumptuous di nner.—Hereford Timcs.