The First Art Newspaper on the Net   Established in 1996 United States Friday, April 27, 2018

Struggling Statue Maker Feels Economic Heat

LONDON (REUTERS).- A 170-year-old British foundry that has made some of the world's best known statues, including two of the lions in London's Trafalgar Square and Saddam Hussein's giant crossed-swords arch in Baghdad, faces closure.

The recession has cut global demand for statues and rising metal prices have eroded profits at Morris Singer, a company that can trace its roots back to the 1840s.

London-based administrator MCR has been appointed to oversee the business while it looks for a buyer to rescue the loss-making foundry.

"Despite its heritage and customer base, the business has fallen into a loss-making position and is unable to continue in its current form," said Matt Bond, an MCR partner.

In the year to April 2010, it reported a pre-tax loss of 34,355 pounds ($49,360) on a turnover of 657,421 pounds.

During its long history, the foundry's furnaces have created hundreds of statues, monuments and works of art that are on display around the world.

One of its biggest works was the bronze "Hands of Victory" monument for the former Iraqi dictator Saddam Hussein. The arch is formed by two hands holding swords crossed over the entrance to a parade ground in central Baghdad.

In London, the company made two of the four bronze lions that lie at the foot of Nelson's Column in Trafalgar Square. Designed by the 19th century English artist Edwin Landseer, they are said to be cast from captured French cannon.

Its gilt-covered Lady Justice, carrying a sword and scales, tops the dome of the Old Bailey court, scene of many of London's biggest criminal trials.

In the United States, the company cast the huge metal doors for Washington Cathedral and English sculptor Barbara Hepworth's largest work "Single Form", a memorial to former U.N. Secretary General Dag Hammarskjold in United Nations Plaza, New York.

The administrators said they hoped Morris Singer, based in Essex, southeast England, will survive if a new owner can be found soon.

(Reporting by Peter Griffiths; Editing by Steve Addison)

London | MCR | Matt Bond |

Today's News

May 22, 2010

Birth of Impressionism: Masterpieces from the Musée d'Orsay Opens at the de Young Museum

Paris Heightens Museum Vigilance After Big Heist at Museum of Modern Art

Getty Museum Reopens North Pavilion Galleries with a Major Reinstallation

Enchanting British Watercolours & Paintings for Sale at Christie's

Guggenheim Museum Publications Receive Excellence Awards

Baroque Cabinets and Exceptional Sculpture Highlight Christie's Sale

Drawings 1963-1977 by Donald Judd at Maloney Fine Art

An Earl and Countess for the National Gallery of Victoria

Imperial War Museum Launches Innovative Explore History Centre

Artists Establish a Dialogue with Modernist Architects or Designers in Exhibition

Portland Museum of Art's Winslow Homer Illustrations to Debut Online

British Artist Claerwen James Debuts Her Work in NYC at Flowers

Morgan Exhibition Explores the Romantic Movement's Influence on Landscapes

Phillips de Pury & Company's London Photographs Sale Totals 901,375 Pounds

Iconic Work by Richard Avedon and Vintage Edward Weston, Lead Fine Photographs Sale at Bonhams

Struggling Statue Maker Feels Economic Heat

Mexican Codices will be Digitalized for their Study

Site-Specific Installation by Situ Studio to Inaugurate Newly Renovated 10,000-Square-Foot Gallery

Guggenheim Museum Appoints Jeffrey Weiss as Curator, Panza Collection

Most Popular Last Seven Days

1.- Boy and an amateur archaeologist unearth legendary Danish king's trove in Germany

2.- Exhibition at The Met illustrates what visitors encountered at The palace of Versailles

3.- Philadelphia Museum of Art opens "Modern Times: American Art 1910-1950"

4.- Exhibition at Michael Hoppen Gallery presents a cross-section of works from Thomas Mailaender's career

5.- New York's Chelsea Hotel celebrity door auction raises $400,000

6.- Stevie Ray Vaughan's first guitar drives Entertainment & Music Memorabilia Auction to nearly $2.9 million

7.- Lichtenstein's Nude with Blue Hair tops $2.4 million sale of Modern & Contemporary Prints & Multiples

8.- $6.7 million Fancy Intense Blue Diamond sets auction record at Sotheby's New York

9.- Mexico court blocks sales of controversial Frida Kahlo Barbie doll

10.- Dutch museums to conduct new research on the paintings of Pieter de Hooch

Related Stories

Photography exhibition reveals life in India's coal belt at London's Gallery S O.

Gabriel Kuri: Before contingency after the fact exhibition at South London Gallery

New show at Ordovas Gallery in London examines artist Francis Bacon's debt to Rembrandt

Drift 10: London's Biennial Art Exhibition to Transform the River Thames

Some 70 Art Galleries from the UK and Around the World to Exhibit at the 12th Annual Art London

Some 70 Art Galleries from the UK and Around the World to Exhibit at the 12th Annual Art London

Tatiana Trouvé Creates a New Installation in the Main Gallery at South London Gallery

Photographer Rankin Celebrates 10 Seasons of Luxury Clothing Label Thomas Wylde

Imperial War Museum to Open Lord Ashcroft Gallery in November

Art London Returns to Chelsea this October with More than 70 Art Galleries

Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .


Ignacio Villarreal
Editor & Publisher:Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez

Royalville Communications, Inc
Founder's Site. The most varied versions
of this beautiful prayer.
to a Mexican poet.

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful