New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-16
AIlERICIE IRON 4BRO1D.

An ENGLISH ORDER FOR MERCHANT BAR IRON-IS-
cRKDUIrrY or RIVAL FIRMs.
The announcement that Messrs. Jackson &
Chace iron dealers this city, have received an order
from Liverpool house. for 100 tons OF merchant bar
iron has attracted considerable attention. TRiB-
UNE reporter called upon the nrn and
found evidence OF the truth Of the
report Taking advantage Of the high rates
OF the English manufacture and the comparatively low
quotations of article, they determined " throw
,one OF their goods upon the English market,
and to this end, preached the subject to
a leading Liverpool correspondent The repiy
was encoura gng the whole. The arm remarked That
the importation of American iron would, indeed, be
novelty and many prcudices would have 10 % over
come before much business could be expected anu per
haps the best way would be to send SINAI! consign-
ment "A a test OF quality. Prices were high in England
owing 10 the Trades Unions Recently Messrs jack
son a Chace received order from the same house for
100 tons Of merchant bar iron. round and square The
rate agreed upon they do not care 10 make public but
state that il will leave them fair margin or
proht at present quotations upon quality that Will COM
pete with the prominent staOrshre brands quoted at
from go 70 Ga They express surprise at the accept
amer Of the terms offered by them and hint that per
hsps there NAV be Interior object IN the ORDER
STILL they Will do their utmost TO MI IL Ihey contend
that at the Pittsburgh rates manufactured iron can be
exported TO England and a profit yielded They do not
consider that time has yet come FOR the competition
between American and Engish metal or that for years
there can be any extensive shipments to Europe Inc
knowledge Of the ability Of American dealers to furnish
,upply OF manufactured iron reduction Of
the present English rates figures even lower than
those OF home manufacture England could not anoru
10 lose her iron markets. and no nation was AZ present
able 10 compete with her immense capital and facilities
in labor and manufacture. Hence with the return
NJ former rates in coal and ore England
in he ipnu
market. transfer Of which to the United
states eould not be expected till similar facilities were
enjoyed here French and Belgian manufacturers were
now absorbing many English orders but they were Deh-
Gifted with cheaper Labor than could be obtained N the
United States. The importation OF foreign IRON hdd
ceased entirely and it question OF cOhsideraos
nterest WHY with the increased demand for American
manufacture rates should fall. IL was condition OIL
affairs none felt able to explain The market advance
IN The prces of bar iron Ia the British markets was not
without precedent. Within the past 81 year. nuetu-
atoms had ranged IS To s7 the highest IN July Oh
the past year They Thought the present labor trouDe
in England she work OF American eaplta ss aers
10 create inst the present dissatisfaction IN reRu 70
| wages most direct blow at English manuilctures.
Tns only far warfare lor ngilsn ~, S'pi. i
40 years been gnting the American tarn 70 Ghin more
desrable market Messrs. Jackson thacc 40 lo CON
tmpiate anV frnuble il fng this singular order as
they term H. and preparing u do so az 1ler
The rnrer next visited leading houses in John
| ana Clifsts and there met with a different story
MANY prouiIent frms doubted the validity Of such an
| order aud were very decided IN stating that were y
bona ide IL could not be- filled with prunt 70 me eon
sguor but would Inject him 10 great loss IhOlSh -
present quoted very low American Eon couia not oe
| shipped 70 England ana a margin Oe leit anu lO"oi
rates could NOD be anticipated as tue present were
barely remunerative mil-owuers Even pig IRON Wt'
sold an rate scarcely above the cost OF nanuaet ur
At present thew were scarcely able 10 produce suheeh
manufactured iron home consumption Inc principa
Pittsburgh manufacturers refused 10 doom
from any quarter and confident rates WOuu SOL
20 up As "A proof that manufactured oar iron ,anot
be landed In England except at loss the lo'lo"i"s
figures we're gwen the probable cost per toh - nm
Cost II WORKS, -