Free BMD has the following birth:
March Quarter 1869
Richard James
District: Madeley (which covers Much Wenlock)
Volume: 6a
Page: 678
You may want to send for the birth certificate from the GRO in Southport to confirm this is the right one
http://www.gro.gov.uk/gro/content/Can I ask what source has given you his full name? I see that you mention that Richard's mother Ann married a John Hollis......have you seen this?
1901 census RG13/2720, Folio 19, Page 30Living at 14 Edward Street, West Bromwich
Richard James Head M 32 Salop Tell Tale Furniture ? Manuf Much Wenlock
Elizabeth A James Wife M 29 Staffs West Bromwich
Gladys M James Dau 6 Staffs West Bromwich
Richard E James Son 2 Staffs West Bromwich
William G Hollis Half Brother S 19 Stock Keeper & Packer Salop Much Wenlock
Eva H Hollis Half Sister S 17 General Servant (Domestic) Salop Much Wenlock