Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-12-06
A HEFTY INDUSTRY.
Active Demand for Chilled and Sand
Rolls, and Prices
ADVANCED FIVE DOLLARS A TON.
Roll Manufacturers Dreading a Still
Further Boom to Trade
TO BE FOLLOWED By DEPRESSION
OFFICE OF PITrsBURG DIsPATcH.l I
THURsDAY. December 5. 1889

OEFlCE OF FITTSBURG DlSPATCH.l
THURSDAY, December s. 1884, !
Interviews with representatives of the
A. Garrison Foundry Company and the
Phoenix Roll Works develop the fact that
the chill and sand roll industries were never
in healthier condition than at the present
time. Both these manufacturing establish
ments are working well mp to their capacity,
with orders ahead sufficient to keep the works
moving until after the turn of the year.
Prices have advanced s. per ton since the
middle of November. 1t is claimed that this
advance goes mostly to the benefit of labor and
iron and coke manufacturers. The quality OF
iron which is used in the manufacture of rolls,
which is the very best charcoal iron, has ad-
vaDced fully s. per ton in the past go days.
How Coke Was BnlIed.
Coke has jumped in the same time from 81 10
GO 81 So and even in cases, TO 81 IS per ton, and
the advance on rolls has evidently been alb
sorbed before proprietors derive any benefit.
The chief benefit of the advance to prOprietors
has been to such as anticipated the advance
and laid in large stocks OF iron at the low rates.
A member of one firm reports that his estab-
GShment is stocked up for months ahead at the
low prices. Said he:
IF we had not laid IN full stock OF iron and
coke at the low prices, we would have had no
benefit from the late advance. Labor coke,
and the grade of iron we use in making rolls
have all advanced in the past month sufficient
to wipe out the S. additional prlce OF rolls.
They Have Been Higher.
Within the past decade rolls have sold at
nearly double present prices. Chill rolls were
sold within that period at 61Sc per pound, and
sand rolls at &c per pound.
The former were sold within the past year at
SIC per pound at the latter at PIC. When the
high prices were reached a reaction followed,
and a few years of dull trade with little profit
was the result.
A member of one of the firms referred to
above, said recently: 81 DO not want to see such
a boom and such high prices as had in
ISSl-2 There was such a boom in those years
that business in our line was stimulated
beyond a healthy condition. We made money
too fast for year or Two. and Tor several years
while the couniry was SOLDERING up from its
spree we felt blue enough.
What is Dreaded.
"The thing to be dreaded most now is an
other boom like that of 1882 There is reason
able profit in our trade now, and we are turn
ing out large amount of stuff and if trade
will only keep on In its present state we are
altogether satisfied. Better reasonable profit
than these great booms, which are inevitably
followed by periods of depression.
an the past two three years our works
have increased their capacity 100 per cent, and
we prefer to turn out more goods at smaller
margins. OuT lTdu6 10 all IlShb nOha dEO we
would deplore any further advance"
Following are the prices of chilled and sand
rolls as furnished by the Phoenix and A. Garri-
son works:
From 20 Il inch diameter to 40 inch long, &c
per pound in rough.
per pound in rough.
From - TO "a inch diameter to 40 inch long, 34c
per pound in rough.
Additional charge on rolls for brass and other
fine work.
Sand rolls made of best charcoal iron 2%c and
sAc per pound in rough, according to size.
Liberty Live Stock.
Owing to the absence of Weighmaster Dun
keld from the city the live stock receipts and
sales for the week are not getatable. Sales of
hogs for the week were as follows: Thursday,
1853 head; Friday, 2 97S; Saturday. LAB; Mon
day. 574l; Tuesday. l,34l; Wednesday. 36S9.
Total, 1920 head; last week. 25,SlS; previous
week. l9 al.
Sales Of sheep and lambs: Thursday. AS head;
Friday. Ill; Saturday, 7S4 Monday, 292S: Tues
day, l,665; Wednesday, "a. Total. 6206 head;
Last week, 5974; previous week, S,74l.