Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1883-03-15
PITTSBURGH IRON MILLS.
Nc Indications OF an Iron Panic
RAINING Double Tarn.

Nc Indications OF an Iron Panic
RAINING Double Tarn.
PIrrsBURGH, March l4.-Ths prospects of
business among the mills is by no means
discouraging, though the steel manufac-
turers do not report a boom in the market.
Mr.. Park, sr., when he was spoken to, re-
pliedi I'VE are moving along moderately,
but are not crowded with orders" A
member of the firm of Hussey, Howe &
Co. replied in q similar strain. At the
Crescent steel works q reaction in the steel
trade is looked for in the near future. The
Pittsburgh Steel and Casting Company
manufacture no merchsntable steel, but
their trade is by no means falling of. A
member of the firm Of Clark & Co. remark
ed that iron Is cheaper now than it has
been at any time within the last six or
seven years. Said he: "For some time the
finishing department in our mill has been
on single turn, and the puddlers, since last
week, are on the same basis. How long
this will continue l am now unable to
say"
Mr.. Speer, OF the Shoenberger iron works,
does not speak very hopefully about the
iron trade, though he hopes that there will
soon be q reaction. The puddlers are
Working Double Turn.
The trains of nail aud large plate rolls are
operated singly. Both sheet mill depart.
ments are now shut down. The nail factory
is also closed, but will be set in motion
next Monday. Two blast furnaces are con-
nected with these, works of which one is
not now in use. Each of these have a
capacity of $50 tons a week, which is about
100 tons more than is required to be used
in their mill. How soon the other furnace
will be used to cast is now not known, but
the present price in metal will not pay this
firm to place their
Over Production
on the market. Mr.. Keating of the Sable
Iron Works, was spoken TO. He reports
the trade and the activity in their mill now
about the same as three months ago. Mr..
Walker, of Wilson Il Walker, bore an ex-
ceedingly smiling conntenance when the
reporter entered the office. The trade was
not reported very good, but the appearance
of the interior Of the works is much better
than a short time since. The puddlers are
on double turn, and when such is the case
in rolling mill there is no scarcity OF or.
ders, except where all steel is manufaC-
tured. Little muck iron is needed, aad
single turn in the pudding department
will more than supply such works. At
Carnegie's works the puddlers are constant
ly working double turn, and are utterably
unable to supply the finishing departments
which are nearly all
On Double Turn.
with muck iron from other places. At the
Fort Pitt Iron WorSs there is not much
activity at present, but that is in conse-
quence of the repairs that are being made
to some of the machinery. The pudding
department has been idle all winter, but it
will be lighted up next week. The trains
of nine and twelye.iDch and the two trains
of sheet rolls were set in motion and three
scrap furnaces were lighted up this week.
Very favorable reports are obtained from
the Office OF the Pittsburgh Forge and Iron
Works. Nearly all the machinery is ope-
rated double turn.
All through the mills along both sides Of
the Monongahela liver there is not the
slightest indication of an iron panic. In
nearly all the mills the puddlers are work
ing double turn, and very little muck iron
is stored away at any Of them. At the
Etna Iron Works an increase has been
made in the running Of the finishing de-
partments.