Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-10-17
The FEELING IN ENGLAND.
Considerable FIuctuation in the Prices of
Pig Iron.

Pig Iron.
rSPECIAL TELEGRAM TO THE DISPATCH,
NEW YORK, October l6-The Iron Aoe
quotes the British iron and metal markets as
follows from London: Operations in pig iron
warrants have been on large scale, and prices
have huctuated considerably, dropping under
the effect of realization to sos for Scotch, AS
for Cleveland and j1s 412d for hematite. There
has been considerable selling by holders, who
purchased cutie freely a short time ago, in an
hcipation of strikes, and there is also some in
dication OF reopening of bear accounts. The
large decrease IN stocks and dampeniag of
furnaces Is greatly disturbing the finished iron
and steel trade. Steel ship plates are now
quoted at &c los 1. o. b.. Barrow but there is no
change on other steel or manufactured iron
prices. Warrants improved to-day to sos Cd for
Scotch, 45s for Cleveland and SIS for hematite.
Block TN prices have gradually re-
ccded, going to G9S for prompts and
E91 for three months futures. Realiza-
tons by holders have relieved the strin-
gencv In available spot supplies. but the large
consumption ana reduced reserves. it is argued.
are bound TO strengthen the market again, unless
heavy supplies arrive within the next fortnight.
Outside speculation in copper has been verv
moderate, and prices for merchact bar prompts
have dropped to G51 5S. The bulk of the avail
able supply remains in strong hands, however
and is firmly held The trade demand con-
tiuues large. There has been heavy buying of
IN plate for the Frisco market, and prices
have further advanced. with the demand still
good. particularly on ordinary cokes, for which
L. Cd is now generally asked by makers. Buy
ers are still eager. Most makers having sold
FAR ahead. find orders for near delivery diff
cult TO NIL. Shipments have been very heavy
the past week
American Manufacturers Cable Quotations.
Scotch PIC-Warrants dropped nearly Is.
under the influence of sales to realize and more
aggressive tactics hy the ''bear" interest, but
fTnf-N rnnk nrf11r rlnflC
such a condition that 10 prices are quoted.
BessemeT Plg-Priccs for hematite warrants
have dropped TO SIS Cd, owing to pressure to
make sales, but since reacted to 5S:. Makers
iron ha> also declined. although fairly active.
West Coast brands Nos. /, 2 3, selling at 59s.
(. o. b. shipping point
MiddleSDrouEh Pig-A break in prices of
Cleveland warrants TO 47>. 41ad. has consider
ably unsettled The market. anu makers prices
irregular with 49s. quoted for No. g. Mid
dlesbrough, free on board,
Spiegeleisen-There is still very good de-
mand and the market remains firm. English
20 per cent quoted at lO2s. I'd. (. O. b. at
steel Wire Rods-The market is quiet and
prices are unchanged. Mild steel No. 8
quoJed Al IS l2~. 81. +. o. b. shipping port
Steel EaIls-Demaud IS only fair aud prices
are without change. Heavy sections quoted at
IS D. f q. b. shipping point.
Steel BlOomS-Ihere is a fair inquiry and
prices are steady. Bessemer XXI quoted 84 lis.
cd I. O. b. shipping point
Steel Billets-1he demand is good and prices
steady Bessemer (size 215x21z) quoted at s5f
o. b. shipping point.
Steel Sabs-No change reported in these.
Ordinary sizes quoted at s5 I. o. b. shipping
point.
Crop Ends-Prices are steady and the de-
mand is fair Run of the mill quoted al s3 Is. 3D.
ass 5s.f o. b. shipping point
Old Iron Rails-A good demand continues
and prices are firm. Tees quoted at A3 5s. and
double heads at f3 IS. 6d.aG5 los. (. o. b.
Scrap lron-HOders are firm at previous
prices and the demand Is fair. Heavy wrought
quoted al e IS Cd. +. o. b. shipping points
Manufactured lron-Prices the same as last
week, but the market quieter
Stafford. ord marked bars
If. O. b. L'poOll.. Os pd6 9 Os Cd
common bars 2s 6dGD IS Cd
black sheet singles Os Od9 2s Cd
Welsh bars, f. O. b. Wales 9 IS 6dGI 6 les Cd
Steamer Freights-Iilasgow to New York
Is. 0d. Liverpool to New York los Cd
: Pig Tin-PrlceS have gone still lower and the
market has been very nervous but shows better
form TODAY. Straits quoted at SOS 5s for snot:
futures e monthsl, Gg7 los.
COpper-1here has been about g decline in
prices OF ordinary hars, with moderate trading
Chilli bars quoted f57 5s for spot, f57 Us 6d
for future delivery. Best selected EngIlsh, esq
Dead-Demand good and the market firm.
Soft Spanish quoted at 9l4 los.
.Spelter-Ihe market easier and demand mod
crate. Ordinary Silesian quoted at s24 los.
Tin Plate-A large business has been done
and the demand is still active. Makers are hold.
ing for a further advance
]. c. charcoal, Allswav grade.
I. o. b. Liverpool .............. lSs. 0d dlSs Sd
Bessemer steel, coke finish. LIS. 3d. Ell7s Cd
Siemens steel. coke finish ~ lTs 6l n lie Oh