Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1882-05-18
IRON ISSUES
Ks.es .r,he Rsa.e,se. q. PhilsAs,pAss


PHILADELPHIA, May 1.-THE direct caass
alshough oil the manufacturers aatribuss
Il 70 an unexpected and totally incomPte
hensihle depression In the iron mafksl
April and May arc usually the very busiest =
markets of the year. yet for some reasons .
which no manufacturer seems able -
clearly explain, the trade for the past six
weeks has been remarkably quiet 6ons'
attribute Il to the railroads, many Of which
in view Of the present high prio' q
porarily ceased building opera
tons and countermanded their orders Tor
iron. While the nominal
HcheAuIe Price ter Mar lrsa
for some months past has been 2.S cents
per pound, there have been hut few sales
at that rate Pittsburgh firms have hem
kaown to ship II 10 this city at 10 cents
per pound, while but fsw, II any, OF Tie
local mills have been adherinE 70 tho
schedule Of Is cents for the simple reason >
that they could make no sales at that rate.
This complaint Of depressed trade 10 nos
confined TO q few firms, u In from al.
80 general has Il been for nearly tvo
months that the question OF . reduc.
tion was seriously considered at the April
meeting of the manufacturers At thee
time, however, IL was deemed advisable %
wait another month In the hope that Q -
vival Of trade would ensue. The inactivity,
however, not only continued, but became .
even worse. and the action Of the meeting
Yesterday was made imperative on The
ground OF pure necessity. II, - . conse.
quence OF the reduction, there 10 manifest
awakening Of activity In the iron market
there will no doubt be speedy return -
the old schedule.
Hsv a E9s~ts the Wsvkooo.
Since January Ist, the local prios of bar
iron has been $40 cents per pound, 40
in accordance with . sliding schedule.
agreed upon some two years since between
the manufacturers and their smployes the I.
wages this year In the puddle mills hsvs
been o, follows First roller per day.
$2O7h; second roher. per day, tiJs;
catcher, per day. N.Gl n dras out, Per aey.
hook up, per day. 72hci pudding H.S pr
ton. Iess one third TO helper.
On the 6rst Monday In June. In couss-
aucnce OF the reduction Of the selling pstcs
Of bar iron to 2G-i0 cents per pound, The
wages will be reduced TO the subjoinsd as.
nres: First roller. 81 "a per day; ssceaA
roller, 81 90 per day; catcher, per Day.
81 53X; drag-out, 81 63h; sqneessfms..
81 49H per day bCok.up. ds'c per Day pc.
ding. n GO per ton, less ons-third 70 as
helper
According to it, provisions wagss. % up.'
with q rise In the iron market and dowp
when the market declines. AZ yet The ~
duction Is scarcely known among the meD,
but when Il 10 officially snnoupced theee
will no doubt be some action taken. NN
strike can take place, however. without the.
sanction OF . osm.ss.ss i, ;Gpoin:sd p ~ Gs.
lion. Fear II expected that the woShoen
will refuse 70 abiss by the sliding schsdseA
because, a. It II -s>atsd, they have Tor 500.
weeks pest been eeatemplsting IN sdeV%o4
of wages. HovsvsS true this niag. b,
nothing definite - 70 The future can Ssess-
dicted.
Mokxr.rosr, Nsy 1.-THE unjqe 80
who were eippioyed By W. D. wos1ACes.
refrse 10 20 % work Bnless the fqn reoeG.
nizsthe union, which they ~ eeZ ~
MOI DO, TIA fsrDsces srs bstng vekcS ~
| n nxn,unton rpsn. The union. npa teDp,
nssy froal he mill snd conssaaceoy p /.
sro.ble :. satieipated EsAIthaa9 -,
quiet.
Dsssp<essvs 0ssiho.
AxIah Nsy 1.-THE nSSSl q. .S
| tbs, n fhe latter dId not I've thaAH
| advance Of ten cents by Ne, 6tearea1!.sy
would sI, come ost- This = the -reegn@
| he mestipg at Ciintor,. this .engeYs
recently. Il Which sixteer- bPpdssd Ao&
and miDsrs we're Teprsserled
/ KsA % ss>ySAse-
E.s,os, Pa, N.y n..rhs ;Ssiss 8
EtbTss hundred wofkn,ea at The Dsn.eeH
RoHisg mill, IN Ph31tpshus1e an6sa. 9
four o'clock this mor&ugs tee sstcp -
ing. on sdvice Of IT, Prestdfnf o.
! On ION, accepted the terms offQeeeeSV
guE 0e00q0 at