Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-01-15
AS DULL AS USUAL.
No Improvement in Metal Markets,
According to Authorities.
PITTSBURGERS LEFT ON A BID,
Being Unable to Meet the Figures Offered
by an Eastern Firm.
FOREIGN MARKFTS IN ROCKY SHAPE

rerFCTAT TrrrGRtN TO THE DrsPArcH.r
NEW YORK. Jan 1.-THE Iron Age will to-
morrow review tie metal markets as fol-
lows:
American Pig-Selers in this market gen.
orally report the business exceedingly dull.
An indication o: the attitude of buyers is
furnished by the fact that for some weeks
TIE Thomas Iron Company has booked very
few orders, and has not been approached
by many Of its regular customers. Southern
agents report that relatively they are doing
better in the West A leading Alabama
comnGnv has sold ore block there of 10 600
tons Of gray forge and No. 8, on the basis of
50 30 Birmingham, which indicates slight
improvement, since 50 25 had been done.
The Virginia furnaces SIRE making some low
figures al Baltimore, and low prices are also
reported from New England We quote
Nor'ne,n brands, SIG 75Gls 90 for No. !; SIC 90
Eiif % Tor No. =. and SI4 G0Gl4 30 for gray
forra. Snut!'t'n iron sells at SIG t1Gl1 20 for
N. J. So 25G 90 for No. 2, and SIS 756 "A 25
Snie-cc'efsnn and Ferro- ro-Mancanese-Cables
aFr-HIa:a iliit there are inquiries in tine
-...rl ...arlle: rcr 10 and 20 per cent spieTel,
winch are ATTRIBUTED to American account.
l. l. assumed. however, that they are the re-
sal Cf lie cf5nTi on the part of some i'm
DO-fCr 10 reach iignres on which negotia-
Tiou~ may he opened up. The leading buy
cTs OF fAis class o: material in this country
are known 70 i've fully supplied for some time
To core. Eerro IS lifeiess and nominal at
So craze. ~ %e quote spiegeiei>en. NOM
n.,l. - ,0T2S ~ ior 10 to L per cent, and
$50 mgr 90 .or 20 per cent.
i'l;tsburg Failed to Get a whac'z.
Bil1ets and Rods-During the week one
sale %: several thousand tons was closed
bca wecn an Eastern mill and an Eastern
brlyel, in Successful competition with Pitts
l.'lIg rNa',erS vino had named a low figure
Foreign biliets are duh at nolninally SD 759
g. CO. and American wire roGs are hfeleSs at
uominaliy So G9eIs7 50, tidewater.
S,cai RaIlS-EasJs-rn mills report very lit
Tie new business, aithoueh they note quite a
number o Inquiries al hand many OF which,
i,vn ever are coupled With conditions nm
s''i- actCry to the sellers. There is still 4
.uud Ggal c: :eserve capacity, particularly
for early celiyeri. We deal with the light
Is.ll trade CGlUorially. A good deal Of busl-
hess Is coming I'M in 9-ircler rails, in connec-
1.an with rhc proposed changes in the mo-
i've power fer the Brooklyn car lines.
iauuiacrurcd Iron and Steel-Nery little
new business las been closed during the
week under review, but The evidences are
accommodating that a good deal of structural
work l. coming cut in ;his market. 4 lead
in.r a1rhOris-- states that there viii soon be
on the marke: rhree large buildings which
alone Will call for J,eoO 10 5000 tons OF iron
Plates are still duil and weak. We quote:
AaEles. l.ga72-i0c; sheared plates, !.S5@2.25c;
rceS, 2-tfFf2.,@r, and beams and channels,
3Ic "u a''rk. steel pateS are L96a &c for
tank > Irl2 30c 10y shell, 24012 &c Tor fiange,
Zt7d &c .e- marine and 363 &c !or fire.
UoN on dock, ans are l7a3I9c on dock
: sap sSles aI.' 1''Gtable at a@22oc delivered.
: "s. &NieS 4G3.2c and links and pins, 3 Ia
--2or: steel h"ans. la5d2G5c delivered.
Ni0rchs~, sraeI-Wc annre hot-f-olled shaft
iH.. i.ar62 l0c: machinery. 2.0542. i5c: tire,
2-Ige2-25,. and 50e-caik, 2.l5G2.25c, de!iv cred.
Mighty Little Movement Abroad.
THE foreign markets are reviewed by
cable g. follows: The movement in prices of
warrants has been very narrow. Scotch
.;r1 e Nd
have held quite firmly at 3ssG3ss l1% and
Identities steady At AIS 7iI94ss. Operations
in a.. yc'and ant hematGies continue on a
vcry iair scale, lGs few !ats o. Scotch have
changed hands on outsid9 account, and the
market seems still TO lie controlled by the
Lon U"r syndicate. Canal stores now con-
tain 50s0O0 tons Scotch and l55, coo cons Cleve-
land pig. Al present there are 73 Scotch
furnaces II blast. Five have gone out for
repair recently. Export movement last
1gnaf.l .yas fair. amounting all told, to IS 900
tons. against - oGD tons in December, 1890.
P,.. Tin has been rather weak with prompts |
selling down to E9D 5S and futures az ESQ los, |
and nnlya moderate business at the decline. 4
7 he aClount OF sock on offer appears to be |
moderate and the bulk of supply is in strong |
bands, hut SLOW demand has rather UNI |
INvornbln bearing.
Merchant bar copper has declined l5s, sell |
ing DOWN to { - L. Cd for prom pit delivery.
T "" all i attributed chiefly 10 quite free |
selling Tor French account early in the week |
AZ. subsequent redlizations by other |
I0,iers prompted by adverse reports from
the French center Purchases for consu,np-
tisu have been fai
Iiusinees in lin plate continues quiet, owing
10 Disparity between buyers and sellers
ls.laCN. Neither interest has manifested any
Z s0o~iti"n 10 make concessions, pending
1i.t- Us come o. the quarterly meeting tC be
held 0H shc l4'h instant. when it is expected |
q compromise VIII be arrived at. Makers |
anticipate large orders. December exports
E,,I. - % tons. including l3 co. tons TO the |
United states and 53I7 tons TO Russia. The
o.. 81 Tor D, c=mOer, 1880, sc, 900 tons, of
which 2A.oG0 tons went to the United States |
NruuN~ s5l tn p'a-" at shipping ports amount
tu "a 90 boxes. s'-iIlst 422 09) boxes held at
III. .0i..-l l.lLnQ III. date last wear.