Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-11-07
NO CHANGE VISIBLE.
Slight Indications of Weakness in
Southern Pig Iron.
LARGE ORDERS FOR LIGHT RAILS.
Some Important Movements Made BY Pitts
burg Manufacturers.
STATE OF FOREIGN METAL MARKETS
rrrcrAL TELEGRAM TO THE DISPATCH,

nrrcrAL TEL EGRAM TO THE DrsPArcH.
NEW YORK, November 6-The Iron Aoe
weekly report on the iron and metal market
is as follows:
American pig iron-The market has been
very quiet during the week under review,
the conditions affecting it having undergone
no change, except that there are indications
Of weakness in Southern iron. A lot of 500
tons of Southern warrant iron No. was
sold in this market TO-DAY at price equiva-
lent to SIG here. Bessemer pig is being
offered at SIS at furnace, without finding
any buyers. We quote sl79lS for No. foun-
dry, Sl6Gl6 so tor No. 2 foundry and sl59l5 80
for gray forge, good Northern brands, tide
water delivery. There very little NO. l
Southern. No. = may be quoted sl6Gl6 % and
No. 5 Sl4 75Gl5 IS
SpiegeleiSen and ferro maganese-Therei is no
business whatever in spiegel, which is Comi-
nally S30GSl. The principal feature in ferro is
the demand by consumers that deliveries be
delayed. A hand-to-mouth business only is be-
ing done at S6S669 1t is reported that small
spot parcels are being offered in some instances
as low as sG6
Steel billets-The principal consumer in the
East purchased three months requirements
during the past two weeks from an Eastern
lllll, NllCl takes the laLteT out OF tue hcS
We quote, nominally SO 50IS0 90 delivered.
Steel wire rods-We note sale of LOCO
tons by an Eastern rod mill to tidewater con-
sumer at private terms, and of a small lot OF
$50 tons delivered at a New England point at
S47. We quote rods at Eastern mill, S1l 5O9
- 81. Some parcels of foreign tor re-eNport
nave been snlu during the week, the quotations
being S4j jUd45 -.
Steel rails-The event of greatest importance
during The week has been the sale of the mill
of the Allegheny Bessemer Steel Company
TpH
rivalry in Pittsburg, which had latterly carried
prices at that point to SIS ard under for steel
raIs- In the East, the majority OF the mills
name SO as the starting point for negotiations.
put there have been no sales of any conse-
quence during the past week. There has been
considerable activity, however, IN light rails,
aDOut > UOO tons having been sold at shade
over $50 for iUs. Some large orders are on the
market, among them 10000 tons for Atchison,
To- 900 tons for a Texas road. 5000 tons for
trausCOntlnental road, and 6OOOO Tor the Great
Northern.
Ran fastenings-Dilworth. Porter & Co., of
PIttSburg, announce that within the next 30
days they will cease placing on the market any
spikes made Of old rails. and will manufacture
chiefly spikes made OF soft Bessemer steel.
What iron spikes their customers call for will
be made of muck bar. The market Tor angle
bars has been in very demoralized condition
lately. Not long since a lot of about 800 tons of
steel angles were sold, delivered in the north
crn part Of the State, at l65c, and last week
lot Of 1900 tons of rails was placed at L75c.
Charleston spikes are S2G2 ., and bolts and
nuts 275GS l5c.
Manufactured iron-During the week the
order for the Dugro Hotel ceiling for about
1000 tons of beams was placed. We quote:
angles, 220G240c; tees, 265G27 75c. and plates.
2-E2Sc delivered. Bars selling at l.75G
l9Uc. delivered, for refined.
Old rails-It Is reported that q holder of 900
tons of tees and 500 tons of doubles, carried
here for long time, has disposed of them The
market otherwise is extremely dull at SIS for
tees. Old steel rails may be quoted at S2l. The
announcement of Diworth. Porter Il Co., of
lIttsburg that henceforfh they will make steel
spikes. Is very significant as to the future of
old rails. They were purchasers annually of
about % 600 to $1,000 tons