Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-01-10
BUYERS NOT INTERESTED.
A Very Unsettled Feeling So Ear as Prices
Are Concerned.

Are Concerned.
SPECIAL TELEGRAM TO THE DIsPATcHl
TuILADELIITIA. Ja:l. 9.-The market for the
new year opened with fair amount OF IN
qui.y. but with a very unsettled feeling as re-
CARDS prices. il cannot be said that they are
lower, bEt bGyers manifest very little interest
in anything III quoted rates. As rule sellers
are nut forcing saies at lower rates. yet some
TRANSACTIONS have been made at concessions. 1t
Us significant to nute that upward of % furnaces
D. Alabama have either banked or blown oft
fw;Ihlu tAU uaSt 80 DAYS. and not 4 few in Ohs
Hand Western PENNSYLVANIA are similarly situ-
NGtCd. T'as would make very large reduction
In the output and prevent further accumula-
A lions AZ tie furnaces.
Pig I-ou-For tho present, asking prices for
lots delivered in cansCmer's yards are about as
follow: Standard Pennsylvania, No. a. Sl7 80
A QlS 90: No. 2 Sl6 5c9l7 OF: MEDIUM No. l.
81 U1qi1 81: No. :. Si6 OG9lG %; ordinary
forge. cinaer mixed, Sl3 5GHli W, and charcoal
caT-wlcei iron. So O0626 co.
BessemCr Pi--Nearly all Of the furnaces are
preparing To blow oct as sOun as they have
used Up hat ores are on hand. Prices are
nomlEally SE 0GtlS co at furnace. but there is
nothing aaluE. la muck liars there is more M
Qulry aud prospects are favorable for a re-
SUMPTION uf activity. Prices are still some
what unsettled. There are sellers at 81 80 and
BUYERS at 81. win prospects of sales at a
medium quotation. There IS a very active
search being made for business in bar iron
wlIch appears to be in sight. but there are Il
great nsaIsy en- gagged in the quest. Prices as
may he expected, are dIfsicult to quote except
ln general way At from lSOc TO l.S5c de-
lvercd.
Skelp lron-There is 4 good of inquiry, but
no; much actual business. Sales have been
made aS low as L70c. delivered. Tor hypothe-
Gated lots. hut il the ordinary way of business
1S3Gl.a0c IS asked Tor grooved and L9Ull2c for
shcH:eG. Plates are undergoing rhe keenest
kind OF competition. with more or less demural-
lzallnn in ptices. l. is impossible 10 say what
might Oe accepted on : desirable order but &c
al mil Gnu.d DC shaded on iron and very close
TO &c steel. structural material is rather slow
for the Jime being, but prospects are quite
encouraging lar business later on.
Nominal quotations are about as fol-
lows for lots delivered in consumers
yard. Angles. Zl012.2Uc: sheared plates, 2 2l59
25gc, anu Irolu l4c 10 29c more Ior steel accord
iug To requirements. Tees. 260Q2 zoe; beams
and channels. . lc for either iron or steel.
Sheet iron opened fairly, WIN ihe expectation
OF good business In the near iuture. Heavy
sheets aye already IN good demand but light
sheets are CC.l anu inactive. Carload lots are
QuOied as follows: best refined, Nos II 10 90
SQ3 lJc: Nos. q 10 p. ). l5l5 25c: Nos p to 26
&Sg05. .iUc; No. p. . soc: No. - :i3OflS 7Uc and
common al .c less imam the above. Scrap iroa
is Ia i@!c ded..sHd. Small lots are taken at the
following prices: No. raj road scrap 81 5O6p
= o.: PliIdel uni9 Cor deliveries ut mills IN the
interior. S22aL2S, according TO quality and point
Tor delivery.