Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1888-03-12
METAL S~IAREKETS.
Manufacturer Hopeful of Greater ActiT
~ and uet;er Prices.

manufacturer Hopeful of Greater ActiT-
lty and Better Prices.
NEW York, Mach 1O.-BsadStye,t's ia
is review OF the metal markets. says:
The iron trade Is not Improving, except
in the ssGse that ilqairics for future sup
plies are more abundant. Manufacturers
feel rather hopeful OF greater activity aud
better prices, on account Of the depleted
condition Of iron and Steel supplies East
aud West.
Extensive ore con:rsct, viii be placed IN
a short time. Railroad haillers Will EoS
maEe rs carly 4 scar. a. last year, and iau
makers are unwilling tc make solicited
coacssSi0ns on l&rgs sprlrg aud sumine
orders. The general Withholding policy oi
viii sCou force a moderate ac'
tivity fOr min and furnace products. Al
present quotations there Is no lnduceneht
TO increase production, end the manuiac
tuTers' hope tor better pGiceS rests or n
slight Foundation because Of the relatively
greater produc rg 1acity this year taaH
last.
One strong feature 10 the market IS the
liFHt Q1slDGE o. lAAsiANhNN tkNA~N'
eutcrprises whose completion can not be
easily delayed. Consumers nave several
reasons fox not anticipating requirements,
and when they dc not eltcs to cone IN ahu
buy the manufacturing interests WILL ~
past experience b&s uniformly d~claonSlr"-
ted, load up ~ fast rs possible at the low
est figures reached through the h~oldiRs'cn
policy nov being pursued.
The most noteworthy event for some
weeks IN the COPPER market is the otllcial
announcement tGat the Calumet n Heel"
Company has sold it, entire production ioE
three years to the French combination
No restriction is plsc,d on its output,
which Is likely To BE- enormously Increased
within a year or two. -,
The February product was at tie rate ol
b, 600, 900 pounds oil ldaot copper per an-
mum. The price occurred IS ahou; l3',
while the cost does not exceed &c THIS
makes aclear profit Of 8, 100000 q year
/. is taken for granted that the O5eeols,
Franklin and Huron Companies will 70"
sell.
French investors have bought = large
block Of Boston and Montana shares. Inc
contract withthe Tauarack Company cailS
Tor IA, 600, 900 pounds ih;s year, l7,OOo,OO o
next year, and 10, GOO. 900 in 1870. Ihh
metal has been Irregular this wees, with
we'll sustained strength az n rule. In Tue
Boston market ;he copper shares have also
ductuated considerably, with no essential
change 40 the general result.
Iron and 5teel prices at mill or furnace
Mnch9. March >,
PiE Ir,u, Auth., NJ. l., ISIS l>S ,
per ton ..... .. ....ySO JoI2l % sd ,Ot-l %
Bar iron. refined, perIb. 2a2lge 2a5'4e
~ ~ yIar'h Il, Lowest
fS n rs%'t to A"'l' w. .s2r iOOi2r 50 SIS co
Bar iron. refined. per 10. l.20a2.5Oc
Steel Rails, per ton. SO 80 I"
Comparative prices Of other metals in
store:
Mar. 9. Mar ,, Mar. Il; LoHCt
l~S. lsSS. lSSI. ISL
C-ppar. lake b.. lt1ic Ice ud2s iOl.c
me,tiS, 10 2I7H 81 % 49, s.
TIN. straits, 10: .-. Soba J.5 ~ IVA
Domestic, b. $40 81 - ~
By 7JIgroEh to BrGdsra,t,, M.rcb
At Philadelphia Eai!s are in lair de
mard and steady, at unchanged prices.
AZ ST. Louis merchant iron IS more active,
bat ia not advancing. although holders are
rather firm. Pig iron continues in fair
sale on moderate orders and stocks are
limited for the best grades. Values are no
,,or, sba, knl1ipu their own