Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-10-24
FLAT IN LONDON.
British Operations in Pig Iron on a Moderate
Scale.

British Operations in Pig Iron on Moderate
Scale.
ESPECIAL TELEGRAA TO TIE DISPATCH,
NEW ioUR, October 23-The Iron doe
quotes .,c British iron and metal market as
follows from London: Operations in pig iron
warrants Lave been on a moderate scale and
The market has presented rather fat appear
aECe, with none tut ordinary huctuation in
prices. The speculative situation is somewhat
uncertain. S.Tingency in the money market
las . restraining influence and fears of difficult
ties in the South have deferred buying also.
These facts have been taken advantage of by
operators interested in lower prices although
shipments continue large and leave makers
with little iron for sale. Scotch warrants have
Soliat SOS. G50s Sd; Cleveland at AS @547s 71Sd
ana hematiJe at SIS. l1sl.d51s. 415d. Business
IS done to-day at 5Us. I'd. AIS and SIS. 41Sd.
respectively. Advices from the continent re-
port depression in the German market with a
reduction in the price of sheets to 160 marks
yer ton.
= Eeavy sales of pig tin have been made dur
lug The week aud prices have ruled irregular,
with prompts down to low as f97 at one
time, reacting subsequently about fl, and fall
ing on TO fg1 los. Straits shipments during
the FIRST half of the month were full but later
shipments are expected to be lighter, and that
together with smallnesS of spot supplies, oper-
1tes to check serious fall in prices. At the
close the market frmer but quiet. The
disturbed condition OF the stock markets has
had a rather UnfavorabIe bearing upon specu-
latIve operations IL copper. but favorable sta
tistics OF movement and heavy consumption
served to check the downward course of prices.
The visible supply decreased about l,S00 tons
during The hrst Aalf OF the month aud receipts
sluce then have been moderate Sales of fur
uICe material are difficult TO make however,
as consumers wants are well supplied by de-
lIyerieS making ID previous purchases. Pur-
Cha>es OF Tin plate have been brisk at improved
prices. Buying for New York account is rather
'iuie', but further heavy purchases have been
made for Frisco. The works are all busily en-
gagged on ORDERS and makers are very firm.
American Manufacturers Cable Quotations
Scotch Pig-WarranF speculation has been
ut9Icr tame the past week. Tight money
market on one hand, heavy shipments and light
SOCKS held by makers on the other, restrain
operations. Latest trading at about sos. 2d. a
90 Sd. Prices for makers iron still wholly
nominal, nothing being offered from first hands.
No. Coltness ...--.-.. COS. Cd. E. o. b. Glasgow
No l Summerlee. .U0s Cd. f. o. b. Glasgow
tiartsherrie ......0Os Cd E. o. b. Glasgow
10. l.angloan----..0u .0us. 0d. I. o. b. glasgow
M. ] Carnbroe. cd. {. o. b. Glasgow
No. ShottS ...O0S. 0d. t. o. b. Glasgow
No. GleHgarnock. UOS. Cd. at Ardrossan.
No. DalmeilingtOn =. .OOs. I'd. at Ardrossan.
No. EgiiIIJon. ...-.....0 .0Os. 0d. at Ardrossan
Bessemer Pig-W arrants have huctuated
moderately. selling the last few days at SIS.
lled-@57s- 415d., and makers prices are rather
lower, with = fair business passing. West
Coast brands Nos. l, , ), selling at 5Ss +. o. b.
shipping point.
NIunltsurouEh Plg-Ihe movement OF prices
of warrants has been moderate. Makers iron
is slow and easier. with Ass. quoted for No. g.
MidGleShrough, free on board.
Spiegeleisen-Suppies have been more freely
offered and lower prices named. Demand
Is fairly brisk. English ~ per cent quoted at
zoos {. o. b. at works.
Steel Wire Rous-Under free OFFERINGS and
light demand the market is rather weak. Mild
steel, No. 4, guoted al IS l2s. Sd. f o. b. ship
ping port
Steel RaIIs-Orders have been very fair and
q Quirn firm. HEAVY secfiOOe
cd al - D. {. o. b. shipping point.
steel BlOSms-Makers are rather irmer and
the demand Is fair Bessemer XXI quoted f5
I. o. o. shlppln5 point
S.ecl Billets-1here has been very fair
movement and prices are quite firm. Besse-
mel Csze 212x213) quoted at 70 2s 3D. f. o. b. ship
ping point.
Steel Slahs-Business is moderate but prices
are held higher. Ordinary sizes quoted at f5
2s- Cd. + o. b. shipping point.
Crop Ends-There is little doing and the mar
ESt J. rather weak. Run of the mill quoted at
ES as 2s Cd + o. b. shipping point.
Old Iron Rais-The market is slow at pres
ent and prices are barely steady. Tees quoted
at q 3S 81. as 5s. and double heads at f3 $50
- IS. Cd. (. o. b.
Scrap Iron-There is only a local demand and
prices are without change. Heavy wrought
quoted al e IS. Cd. {. o. b. shipping points
Manufactured Iron-Business is rather slow,
prices tend slightly in buvrrs' favor
Stafford. ord. marked bars
T. o. b, L,pooll- I'D os ed@ 9 os Cd
g1mPeR SI5aP sR.lf bars; si;,,.s Is 0d9 6s I'd
oI~Ch enttI slnSles Us Od91 Is 6d
Welsh bars. f. o. b. Wales. s IS 6de1 los cd
Steamer Freights-Glasgow TO New York,
is. Od- Liverpool to New York. los Cd
Pig Tin-IEc market has been unsettled and
irregular, with quite active speculation and
good pun chaseS for consumption Straits
quoted at SOS for spot; futures q montbs1.
fg6 los.
Copper-Prices have continued lrrepular
with rather higher level this week than last
and business fairly active. Chill bars ouoted
as 2s for spot, e5S Is. for future delivery Best
selected English, s66.
Lead-Demand less active and the market
easier. Soft Spanish quoted at fl4 8 6d9
Il Is.
Spelter-The market steady but demand mod
crate. Ordinary Silesian quoted at E24 los
Tin Plate-There is still an active demand
Makers offer indiferently. and hold very firm
for extreme prices.
]. g charcoal Allaway grade,
Z. o. b. Liverpool .......... lSs 3D. Obs Od
Bessemer steel, coke finish. lis. 3D. 7lSs. 3D.
Siemens steel coke finish - 1ss Cd 6iss I'd