The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1886-01-07
THE IRON TRADE.
IN OUR NEIsAHoR1Ne CITY
OF Pi.tSburGh-what tho FuraaOss are no.
iHg-soRe CompaElsOus Ota Very Healthy
Klnd-Tha GIEAuliO Operations In
OFSs-A Boom In the Bu,iuess.


. PlTrsUURaH, Jan, G,-The metal business
! is very encouraging, The last quarter Of
! : the year was promising; the output Of the
i last months Of 's5 largely exceeded that
: of the first half Of tho year, and the total
output Of our furnaces in 1885 exceeded
; ; that OF any previous year. During the two
years closed, the furnaces worked rome-
what irresilsrlS; the largest averaged so
to 10 tons in twenty-iouF hours, Improve
! meuts made in tour Of these enable them
to cast 200 tons in the same time. The
daily output Of the II furnaces in this
country could be made to reach . 400 tons,
bu the most that has been produced in
the last six months has been LOO tons
per day, The i've furnaces at BEaddnck
/ have q capacity OF lI5 tons on Nos, 9, 3. 1
and 3, but the greater part OF last year
each averaged little lees than 200 tons,
and on some occasions the output was
more, Furnace A, No. l, il always
on part manganese or spsigel eiseD,
making fifty tors, or equal 10 seventy
i've tons OF Beb5Gmer ply iron, so
that the daily cast may be said TO be SO
tons, The output Of the two Lucy lur-
naces is 400 tons. Isabella No, 9 runs ont
200 tous, Th9 two ElizI furnacea make
lI5 tons, the Carrie l25 tons, the Juniata
No. = cast 70 tons, and the Clinton 40
tons, making a total Of $4,000 tons in 1850
days, or from July lst to December lst,
The daily production la tho h'si six
months was not moro than 1850 tons,
During the first six months oil 1885 the
furnaces at DraddoCks were banked up.
and Clinton furnace was refined, I,abelis
No. 9 was banked up six weeks In Sep.
temb9r The Carrie was blown out, and
! few days later ons Of our iurnacos, alter
being out fifteen months, WAS blown in
again, The figures show the output for
the year was 8O3 900 tons. Throughout
1854 the daily output was more uHiioTm,
averaging about l,475 tons, agereRating
63l GOO in tho year, 1900 tons Iess than
the output OF 1855.
SHOWING OF Two PURNAcnscoMpANIEs,
This two Eliza furnaces have beeh III
blast nearly four yeas with their present
lining, The Carrie was blown in the 2O.h
Of February, 1885, and Is the last new
furnace in blast. The Clinton is nearly
iodr years on the present lining and the
G'sbella, which was blown In January
l0.h, 1884, Is now nearly burned out, and
will require refining soon, All the metal
that was stocked up last year was made in
the first six months, the dullest season
ever experienced In the iron trade. One
frm alone had 23,00O tons, which was
all disposed OF during September and 0c.
tnber. The Soho and Carrie FurnsCe
Companies had u little less than 10000
.ons. Some very large sales woro made
by these lrlns Within the last
two months, but only alter an ad.
vance Of S2 on the ton had been made.
The unsold lots held by both firms may
reach little over 10000 tons, which is
little less than the amount uusold on jan
1ary /, 1850 Nine thousand tons oil A
No. l pig iron are held by George w. Casp,
Of New York, at the yards OF the Edith
furnace, in Allegheny, all made between
tho llth oil December, 1882, and tho lO;h
Of December, 1883 This iron has been
held for higher prices. Then theYeis also
q stock Of different grades OF iirst tiass
pig iron, amounting TO at least 10000 tons,
At the yards OF the Union Storage Com
pany, along the A. N.R II. Some OF this
has been held more than four years.
Higher prices are confidently counted on
before tho year Is out.
PIu METAL CONSUMED.
The amount Of pig metal consumed dur
ing the year 1886 can easily be deter
mined. In the first six months tho daily
run on finished iron aud steel rsaOhed
fully $500, which for 1870 days would make
total Of 100000 tons, and in the last six
months the daily output was 5000 tons,
making total Of 54O, 900 tons, or grand
total ot 100000 tons. The beSt.iniormed
manufacturers estimate plttsburgh's last
years finished output Of iron and steel at
one round million tons. To this must DO
added the Vulcan Forge and Iron Works
1t CHARTERS, tho National Tube Works at
McKeesport, the Homestead Ateel mill,
and the Edgar Thomson steel rail mill,
The run In tho latter was 100 days, In
which time 10000 tons were turned out,
II at the rate ot $50 tons from two turns
in "a hours. There we're very few DAYS
that the amount fell below this, and rather
more than half the time II was near GOO
tons, aud great many days in the year It
was much more. These estimates show
that GO3000 tons Of metal were made and
$4,000 OF finished output, indicating
that 3S1 900 tons more metal was consumed
than was produced by our furnaces.
Appearances now warrant the belief
that the same figures may be reached this
year, or the output Of finished product
may possibly surpaIs that Of last year.
There are some hopes that our mgtal
production may improve 10 400 500 tons
day more, and II the present output Ia
maintained there Is certainty that 1t
will DO increased by 200 toms aS soon a.
the new furnaces at Braddoeks now butld-
my are completed. In all probability,
however, our manufacturers will bs com.
PEELED to buy at least $4,000 tons Of pig
iron this year.