Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-27

ganizstions on this continent. The COM
mitment of a rash act or the pursuance of a
false hope is practically unknown to them
and it is not expected that at this late day
of their existence they will, under the same
wise counsel, deyiate from their conserva-
tive and staid methods
Possibilities of the Ore Trade.
Considerable talk has been lately aroused
between those in a position to know re-
garding the present condition and possibili-
ties Of the iron ore trade for the sea-
son. 1t has been stated that in
order TO accumulate any profit under the
present existing condition of things mine
must be in the best possible condition, have
large deposits of high-grade ore and not be
burdened with a royalty. Non-Bessemer
hematite, running 62 per cent metallic ore,
which last season sold at So so per ton, is
now being freely offered at 81 per ton less.
The prices of other grades fell accordingly,
and the predictions uttered last March by
THE DIsPATCH'S special correspondent at
Cleveland that prices would drop from 81 so
to 81 per ton and return to the 1889 basis,
and that enormous losses would be entalled
upon the industry during the present year,
it now seems are being carried out.
The tendency of ore prices of late years
has been downward, and with new beds of
merchantable ore being worked up and the
inevitable competition consequent, the pros
poets in the Lake Superior districts, as re-
CARDS the future, are not the most iattering.
improvements and Alterations.
The Allegheny Bessemer Mill of the Car
negie Company has again resumed the man.
ufacture of rails, owing to increased bust
ness. This mill is usually run on billets,
but is converted into a rail mill when
necessity demands. The plate mill of the
Oliver Iron and Steel Company on the
Southside resumed operations recently after
several months idleness, and were turning
out a large order of skelp iron. The repairs
under way at the Continental Tube Works
are progressing rapidly and work will soon be
commenced. The Pennsylvania mill is also
rapidly pushing to completion the intended
improvements.
The Kensington Mill, Shoenberger &
Company and Spang, Chalfant & Company
will shortly close down, to admit repairing.
The mill of Chess, Cook & Company is re-
ported idle at present, as is also the Old
Millvale mill. The former will probably
remain idle for at least another month,
while the time of starting the latter is in
definite AT Jones and Laughlins' the !, 200
men affected by the puddlers' idleness re-
sumed work recently.
The Carroll-Porter Boiler and Tank Com
pany are shipping four tanks, 10 feet in
diameter and 30 feet long, to the Pennsyl-
vania Steel Company, at Sparrows' Point,
Md, to be used in storing oil for fuel The
Wilson-Snyder Manufacturing Company,
of this CITY, has received the contract from
the Braddock Councils to supply the pump,
with a 1000, ,000-gallon daily capacity, for
their new station. The Phillips Mine Sup
plv Company is building for a West Vir-
ginia company several coal tipples, to be 50
feet high. The firm has also completed for
a Coketon, Va, firm another tipple, and
several large orders are reported on their
books.
Other Orders and Shipments.
Carnegie, Phipps & Co. have awarded to
Mcintosh, Hemphill & Co. the contract for
the 35-inch beam mill they intend erecting
at Homestead. The latter firm has also Just
shipped 36x4S-inch engine to the Pitts
burg Iron Company at Braddock, and have
ready for shipment to Radford, Va, three
blowing engines, 42xS4x60 inches, and two
of similar size to Centerville, Tenn. They
are also making plate mill for the West
Superior wis Iron and Steel Company,
and are completely equiping the Ashland,
Ky., steel plant.
The Smythe & Laughlin Company have
closed contracts for their furnace and gas
producing plants with the Pennsylvania
Tube Company; four additional tube fur
naces and eight gas-producers, 4Etna Iron
and Steel Company, Bridgeport, o.;
Richmond Standard Spike Company, Iron
Gate, Va, a gas furnace and producers, and
other work; for the Muskegon Iron and
Steel Company, two 15-ton open hearth steel
furnaces and necessary gas producers;
Lukens Rolling Mill Company, Coatesville,
Pa, four gas furnaces and necessary pro-
ducers.
James Lappan & Co., of this city, are
erecting o large tempering tank for Car
negie, Phipps & Co. IS Homestead mill,
chimney and gas fue for Furnaces H and
of the Edgar Thomson plant. an open
hearth steel plfnt for the Latrobe Steel
Works, eight oil tanks for the Waverly Oil
Company, and battery of 20 boilers for the
Monongahcla Iron and Steel Company.
Jones s. Laughlins are reported as having
purchased several hundred acres of coal
land in the Fourth pool, Monongahela river,
for the purpose of opening mines to supply
their city mills.
The new safe factory at Elizabeth will
consist of one wing S0x200 feet and two
stories high, and a second wing, 37SxS0 feet,
one story high. Railroad sidings are being
put in, and work will soon be commenced
on the buildings c. j. X