Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-11-01
IRON COOLING OFF.
The Market Less Excited, but Firm
and Active All Along the Line.
PRICES NAY MOVE UP WITH COKE.
Conspicuous Advances Scored in England,
With the End Still Afar OF.
HOW TO PUT OUT LUMBER TARD FIRES

Now and then passer-by is heard criti-
cising the new Government building. An
amateur architect, in replying to these OBJ
jectors, remarked yesterday evening; "Those
men don't know what they are talking
about They have no eyes for symmetry
and proportion. In its entirety the Govern
ment building will present beautiful ap-
pesrance.
"Its architecture is composite, but differ
ent orders are so harmoniously blended as
to produce an almost perfect whole. There
are no incongruities about it, but it is chaste
and symmetrical from top to bottom. 1t will
be credit to the Government as we'll as to the
city"
The iron market is less excited than last
week. but continues firm and active. There is
no visible weakness. but consumers show
disposition to wait until winter prices estab-
lished. That they will be no lower is almost
certain; that they will go higher is prob
able. The advance in coke to 81 rs a ton means
at least 50 cents more for pig, with which all
descriptions Of iron will sympathize more or
less, but to just what extent cannot be fore
seen. 1t is not desirable, in the opinion of
many manufacturers, that values should go
much, if any higher, for the reason that it
would open the way for foreign competition.
Rails are firm at $50 so to $50 So Sales have
been made at the latter figure. Nails are
steady at the 81 card. There has been no
change in wrought iron pipe since the recent
meeting of manufacturers, at which the pres
ent discounts were reafirmed. The season is
about over for pipe laying and very little new
business is being placed. Foundries are ioath
to quote for future delivery, not knowing where
pig iron will land.
The mills are all busy on orders, and they are
receiving all that are offered, but will not
guarantee quick delivery. A strong and
healthy feature Of the market Is the projection
of new railroads, bridges and other works
which will call for large amounts of iron and
steel.
In England rapidly advancing iron market
is the characteristic Of greatest importance.
Conspicuous advances have been made during
the past week at nearly all the centers of the
iron trade in Great Britain toward the estab-
lishment of more remunerative prices. Pig
iron warrants at Glasgow have passed SOS. a ton
"a pr1ce which month ago no one expected
they would attain ana they are now 12s. above
their former minimum before the recent rises
began. The present price indeed is higher than
any which has existed since 1882
-, ,.ioos III, s,,ar 80 -; 80
of increase than that which they have lately
maintained. As to the average selling prices
ascertained IN connection with the wages
boards of the North of England and the Mid
lands, it may be stated that iron masters have,
during the whole period of the revival, been
executing contr acts which were booked at con-
49, - wnrra-hor,,t lost 81 80 +ha VIA
- - - c.o.i vTo-o., poo-a - - a.
-. = --.-.s-- ..o.oI 80 =. .1,o,,IS - -.
- ~. 80" .----s s.1,;Ns- - o s -
e. Sont.nor 80 oc+otor .Io,, rrNi a., iroraasa
ovar H. ,,rov;ors +wo r1on+bs ~ os mnch os
fror, ioS to los nor ton
T,hainc-~a .in,- cost of oor.,,,,as
70 he fac+or With vbic iro, .nd stee1 -,os+ors
have sarions1v En- grannle In Yorlrsbire De,.
bvsbira StaHordsbire md ,nonv othor lie,ric+s
miners have within rhe mast few davs receivad
the second 4 ner cent advance in vvaoes tn make
nm the IN nsr cent advance which was nromiQed
tbem earIv in tb sr,mmer Asa conssouonce
prices of iron works coal have been advanced
in Yorkshire bv Sd and Sd. per ton. and in
staffordshire by Is.
Best coke for steel mailing is 4s per ton
higher for Yorkshire qualities than in October.
1855 and Derbyshire and Durham cokes are
similarly advanced. These additions to the
cost of production furnish very real Justification
for the advances which have been, and are still
being. declared in manufactured iron and STEEL
HA%
Ever5 one who has witnessed 3 pile Of dry
lumber on fire knows how futile are all efforts
to extinguish it. This has been demonstrated
more than once in Pittsburg. The only recourse
is to cover the adjacent piles with woolen blank
cts, hang line OF blankets along the alley-ways
near the burning pile or piles and to Keep the
plankets thoroughly saturated with water. BY
TINS means recent nre In large lumber yard at
Marlnee' WIS, was connneo 20 small area.
Inc account Oh tnls nre is 30 interesting and