Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1884-02-04
|: THE IRON TRADE.
AND MANUFACTURERS HOPEFUL AeMv
Death Of Wendell Phillips. the Greatest Of
American Orators, Win 4 Brief
Sketch Of His Most Memo
rable Career.

IHHASkLftBA, rcuuNry S.-IHo taIa VI
an advance In iron, which is occasionally
whispered, Is without any Solid foundation
Just at present There are few very
favorable indicsiions in the trade, makers
feeling more con,ented than they have for
months past. The reasons for the i'm.
proyemen' t. are in brief these: Production
has been very considerably restricted;
stocks haye not increased confidence
has been restored. There has been
an appare nt decrease in oonsump.
ton Of lSS 600 tons during the year
Of domestic il on, besides q decline In i'm
portations OF foreign pig ron Of 10000
tons. The de creased consumption will
range from to II per cent Restriction
has reached its probable limits, and .
stronger demand, is now probable. This
tendency has bee = indicated within week
or two by few !. vye purchases, bat al in.
side prices. Thus far there has been
No Cpu, nd Tendency.
and, with compare lively large stocks OF
anthracite on hand, there Is very little
room foe any. Buy - are more disposed
month psst, and ihIs month viii probably
witness . stocking up on the part
of the small suyers, who have
been buying retail ION for
four or five months p&s< Quotations are
tlS for forge; some grades sell little be
low. and few special brands range from
SIS 50to $40. AL Southern iron 10 prompt
ly brought up, and orders are shssd Of
supply. large quantities OF pipe iron
4. s.l To-
orally, demsnd is fully up W supply, and
the market in just such . condition that
4 greater demand than supply would not
surprise those who are Watching the ntua'
ton closely. Mill owners hT~ oniy waiting
for q little improvement IN demand to
place large orders Tor the winter. N.go-
tiations to that end are pow pending.
but the inducements 10 take the risks are
Not quite SsrouE Eseueh.
although at inside prices man nfacturers I'd.
nit that there is bui little probability Of .
drop. Foundry iDns are slnsgish at ti9
for No. . and $2l FOR No |. Foreign irons
are moving very slowly. Large lots of
Bessemer would sell al SO 80 At tideSAtsr.
Spiegsl.isen 10 noptnally $2s To ST. &C
cording to size or order; $50 TO so % is
asked In smsll lots for Bessemer Buyers
are offering SIS for S,llegeleisen $3.50 Was
offered for muck bar, but buyers declined.
Several inquiries v .re made this week for
large lots, but at prices which nAnufactur-
ers will not likely accept Charcoal blooms
sold at $50; two or thre small lots OF an.
thrucite sold at fiGb The movement IN
bar iron continues most unsatisfactory.
Buyers seem indiliersnt TO the best terms
that man a facturers can make, and business
has
DwIndird Dswa 90 netsii Propsstisss.
Storekeepers report . more liberal move
ment, but of very smAl lots OF about 20. 10
2lO. A week or 80 ngo there were indicA
tions OF . large m0ysment IN iron but u
has disappeared, eviisbily because ot the
unwillipgnes, OF buycr 10 take nny risks,
I 90 to 2c II about the sverase prios, but
this barely covers coat. IiU 70 l.bO has
been taken for several lots OF common iron.
A large amount Of business has been se.
cured by the plate from manufacturers.
but I'm most Cssec with'slight concessions.
Four or FIVE orders have been placed,
spgTega,Irg some sbS TO 2oO tons
Boat plate. 225; tank, 80; shell. 27j:
dangs, 3sj; IRE box. A75: angles, 22D;
bridge plates. 2 %; tons, 215; beams and
channels, 3 20, refined sheet iron, 20 10
4.9J from Nos Is to gS; bloom sheets, 10
to o %, from Nos. ~ to -, best galvanized.
so psr cent. discount, second 70; common,
81, discounts on black pipe, butt.weldsd,
~ per cent. gaivaniSai, 10 70 p' oolsI
tubes, Az. Steel rails are moving only
in ANAL lots at shout tsJ. There 10 Q
movement on foot TO crowd prices down to
brokers' terms. The business In hand 10
not urgent, and ss tho Bs,ssmsr mills have
an abundance of ordsrs they are In posi-
ton 10 stand of and
Tire tn. Patieses - RsysSs,
although abundsntly sbn TO take the buSi
pess. Old rails would sell IN lsree. lots st
iy2J5. but soc 10 81 mere b asksd. hsals
are a. 50 10 t2G1 The western nall max
ers meet next wednesday u Pittsburgh 70
decide whether they Will oontinus rsstric.
tioa or start up. The Ne. Engisnd natl
strike still continues Jobbtpg demand y.
light on ali sides. A large smount oi
building 10 projected In cir the principal
cities. Sm the nail producing capacity bso
FAR IN excess OF any probable demand that
pricp, ar. weak Crop ends ere selling Z
iiie under $40, c~so lots d scrap e2f6o