New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-09-27
ACIvITr IN 1Hh iron TRADE.

DEALERS
On investigation it seems that few depart
ment- of industry trade have revived to greater
extent than the iron interest. Inquiry pronh-
nent manufacturers and dealers in the various branches
of this trade bas the fact that the demand Tor
both material aud finished iron IN excess oil the
supply. Mills different parts or the country are run
ming their utmost capacity, and are yet unable l" III
the orders received Many nlils have recently Deeh
started up which had long been idle. Tho demand Tor
iron rails has been great that some mportaons nave
been made Europe. Construction iron for build
inss has also been great demand, not on y IN New
York, but IN all parts OF the country The advance on
tar is from 10 to 80 per cent according to the
kind OF Manufacturers ana dealers are consuer
ably elated and look still greater Improvements IN
the business Another rise IN prices ia also expected TO
| take place in a lew days.
]. NJ Cornell OF j. Is. & j. ~. Cornell. manufacturers
Of all kinds of building iron at No. l4l Centiesl' re-
Gently speaking OF the condition OF tie non interest
said: There Increased demand for all kinds OK
IRON work. only the city, but out Of Inc Dus-
ness has been very much depressed during The last hvo
years, and non had run down TO an unusually 10"
point Wthn the last thirty forty days change has
taken place, and the demand has been much larger
than anyone anticipated. All OF the To!lins-SliHs
are fun orders ana running TO their fullest capacity
and OWING tho promise OF stu better prices ineJ WI"
accept orders EXCEPT at rates TO be determined 10y
tLe state of the the time of delivery The adj
vance 20 80 per cent, according 10 tho Aho OF
| IRON"
"wl this activity in the market have tendency to
stimulate importation from Europe y
1t may i'm some degree; have facilities in this
country meet all our demands There VIII be no az
ncuty IN regard supply Of iron as soon as iron
work manufacturers have replenshed their stocks
which we're allowed become greatly reduced during
the recent depression IN the trade"
"Wnat reason assigned fjr marked an improve
mcnt 10 tue non industry I"
"Itis to be directly attributed to the general revival
IN trade and the great promise given OF prosperous
| future"
n f. Palmer, ir.. OF v +. Palmer jr.. & Co.. of the
OIiutard Iron Works, manufacturers and builders OF
emgnos boilers and machinery. az Aveuue-D Eleventh
and Twofthsts. and tie East River. said: The busy
season with has NOT yet openc hai as larger mum
Der Of Jobs have been submitted for bids than usual,
much larger business t. anticipated There "a moro
dong already this year last There IS not the ox
ciromcut among iron-workcrs some nave supposed to
exi- but there general feeling that the business is
20 ng to DO much better than Tor year,"
The Delamater Iron Works situated at the foot Of
West Ihirieeth-si, North River, {. H. Deiamaier Co.
are the proprietos the business consists OF making
boilers. engines and foundry work The statements "i
g. H. X hnson one Of the members Of the firm. regard
ing the iron trade were substantially as follows:
'.Tnere la. been marked improvement IN an branches
~ the iron business within the last Few weeks st az All
the increas. in business Is 10 be attributed 20 the gem
] oral !
six vcors those engaged carrying rade have been
Getting along as they could with their old machinery,
bu AS heavy TRANSFORMATION business l5 promised nc
i've prcparaIiOns being mace FOR 10. As so many sub
-nntial contribute his expectation, 80 can
scarcely OF rcalz ,tion There ~ prospect
that the present improvement viii remam permanent,
and feel perfectly warranted in saying that the next
! five years viii ne the most osperous period we have
bad for forty years Should the prices Of ron however
bc stimulated bv speculative feeling 70 reach too high
/ "a l "a
o " =. - bc hones ffot poIrr Of tns KIM viii
occur aud That the market VIII continue To De- healthy
and legitimate. As TO oar own business we nave not
heen ~ busy Tor Ten years. Nino huudred
povcd the works tnis season last season there vera
W o Fanweafncr. treasurer OF the Pas-aic Rolling
NH Company Paterson, - j.. Was askcd to state the
situation OF the iron Interest as nc looked 40 H. Io 70
"Ali mills favoraby situated the country are fur Of
orders 1ri- condition Of affairs " 30 unque- tohahy
continue until md~intcr at least 40 sue" activity was
nnficnafrd ny those In the trade. nd u really seemed
advance finished iron does not correspond 10 tAat IN
raw material. account of tho work on hand having
,,dn YVES nave been aivanced about ; ncr cent
aud VIII advance again should there be another rise ~
"Doe. the increased demand appear be confined to
anv particular branches Of the trader
II pervndrs all departments. The various elevated
roads have been great amount OF constructive
non work but oner Of the businots been
greatly Improved well. This demand, In ny opinion
character one branch Of the business deserves par
| ftru.a III
ccptOnally buoyant Wehtve more orders man we can
possibly IN Tor some time 10 come anu could get great
deal more almost our own terms"
"Dees what You have SAID apply TO the Mills at TIE
West"
from Cleveland ONO He -aid had not been able
buy what stock he wanted from Western manufacturers
fact OF being confined 10 any particular section
that gives It the idea Of permanency."
chants Albany and Washington-sts, dealers in con-
structOn iron. boiler iron. spikes rycts nails and horse
Inc iest lsUu lf M
ever experienced in this country In 1872. The
min feature fhen a. it "a now the railroad inter
est Railroad COMPANIES compelled By the srin
geucy OF the times TO economiz closely for several
years. and consequently allowed their roads to get
badly OF repair The prospect OF Increased traffic
has induced roads to make their long needed re-
pairs and increase Their rolling stock This the
beginning of the yement In the trade. One mill
alter another became crowded VITA orders. until it be-
came Il nicult get work done ~ all. A. this
sfte of affairs discovered by merchants aud dealers
IN iron there rush made 10 get stocks replcished
before luther advances. The great improvement in
building perations u so enters n factor
rial and flushed IRON soonp
should take place by September !. Great the I'M
provemcni is over last yeur II Is The natural result OF
better condition of things general Hence II - not
fcverish movement but one produced by the regular
law Of supply and demand Hlor IN ,.r ,r, and .,e,, o.,
Hudson and Readests One o his representatives, said:
" There is an especial call for iron from Tie Western
Siates An increase Las also taken place IL the New
YORK demand nut not marked The advance farIs
from to 80 per cent according 70 the KIND iron II
appears PLAIN 10 one That The price VIII steadily al
vance to the Importation point The building OF new
ears rcttng and rcpculsliDg or Tie inachincry
OF the roads have done great deal toward bringing
abouf the present revival Of the IRON interests"
David NetmOre, OF MetmOre * Co., manufacturers OF
bar iron and steel, at No 363 GreenWich-st, re-
oUested give BRIEF sketch OF the present condition
of the iron interests. lie told substantially the
story who have been already quoted He SAID:
The railroad demand is great from all parts al
the country In fact the demandlnd consequently the
ADVANCES greater at he West than II Is mere. The
prmal cause OF the advance ~ all kinds of iron, Is
course the general revival of industry and trade Great
difficulty las been experienced within the last few
weeks In getting orders ned IN both runs-niils and
smeitiug-furnsces The advance is from 70 to 80
cent win every prospect OF "a still higher figure.
tL...