The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1874-05-27

NEw YORK.

May23.-Amsrican Pig-The depres
sion in the iron market continues TO
increase. There is very little demand.
and the pig iron manufacturers seem
TO be quietly preparing themselves for
long dull summer. In the Lshigh
region, the Carbon Com psny, at Perry
Vile, have blown out furnace. There
are fresh reports OF dissatisfaction al
several Of the furnaces in the valley.
and there Is no question but . number
OF stacks will be blown out soon, un-
less great change takes place in the
market Prices have settled down
somewhat, and while gray forge 10 not
plenty, No. 2 foundry can be bad at
S2S 00@29 90 at furnace. The Crane
and Thomas companies are holding
firmly at $35 90 for No. ] foundry and
a. q consequence are selling very
little, as good iron OF this grade is cred
itably reported TO have sold at $32 %,
and there would be no difficulty In buy
ing at $32 so. at which price Allentown
iron is offered, sLd fihy tons have been
sold. There is a very general feeling
that the bottom has not been reached.
and il is certain that the offer OF cash
for any considerable quantity would iu-
duce concessions. In reference 10 our
notice last week Of O reported retale OF
| 600 tons Of jaeger iron. oi which the
particulars are not known" the COM
pany write us a. follows: The Jags
ger Iron Company did buy back 1000
tons No. iron that We sold four
months ago, in order TO get iron to all
our customer orders, and We have not
at present any No iron on hand, our
customers taking 1t a. rapidly s We
can produce it," 1t is impossible TO
make any close quotations 10 the prss.
ent unsettled state Of the market The
following figures represent the market
AZ nearly 81 possible. the higher figures
in each grade being entirely normal
No. foundry $32 50(935 co. No. 2
foundry 80 OO@33 CO. gray forge q 90
@30 90.
Scotch Pig-There are small stocks
OF Scotch iron here, which are held at
about the prices OF last week. The
transactions have not been large, but
the smalInes OF the stock makes hold.
ers firm in their views, We quote
Col,ness $40; G!engsrnock t37; Egg
linton $34@35 0O.-Iron Age
PHILADELPHIA.
May 23-Pig 10 dull. Sales OF No
foundry at $33 90; No. 2 $50 90;
gray Jorge At &29 90; white and mot
tied at $25 90. A contract for 1000
tons L.bigh crsne, deliverable at Ho-
boken, was made on secret terms.
Manufactured Iron--Bar sells o.
wanted At 1903 l-l0c per ID.
Scotch Pg-Is quoted at $50 90.
NsIls-Are depressed.
BALTIMORE.
May 23.-The market for pig 10 dull,
and We learn oi no movement beyond
small sales for foundry purposes. W.
quote as follows: Anthracite at t23 %
per ton for No. | 81 90 for No. 2. and
90 90 for No 3. Baltimore charcoal
Jorge at 43 on, and Scotch pig nomin.
ally at 45 w per ton from yard
american.
BRITISH IRON NARERT.
Specially reported by cable for the Iron
Age.
"WEDNESDAY, May 20, 1874
Scotch Pig-The market 10 quiet.
The demand is falling of. and but lit
tie business doing. Prices are nom nal.
Risls-The market il dull. with q
small demand. Prices Dominally With
out change. viz: ES 5s(d 60 for Welsh
MANUFACTURED Iron-Best Stafford.
shire bars may now he quoted at Ell@
El2.