The times. [volume] (Richmond, Va.) 1890-1903, 1895-07-14

of combination among the rail-makers
II bille;s can be made from pig for Nro.
the price Of rails when billets were Slf
should not have exceeded SIX. whereas IL
was So. and bilets should not nave
cost over $3.50. The same advance in
wages should affect bilets and rails IN
the same ratio but there appears 20 be
no ratio OF any kind between the cost
OF Bessemer pig billets. and rails.
EITHER one OF the two things Is very
sire to cone about shortly: either Dii-
lets will decline or the price of rails with
be advanced II is currently reported
that within thirty days the latter VIII
lie done. making the price So al mills.
Both the present high price Of biliets ana
the proposed advance in rails are pre-
nature The advance in iron has been
I'm large part warranted by The rapidly
Increasing consumption. but there has not
been nearly so great an Increase IN the
demand for billets, and the demand Tor
rails f. largely speculative. depending
upon the likelihood OF railroads coming
into the market for supplies with which
TO make repairs postponed for the past
two or three years"
The Illinois Steel Company has placed
a contract for the erection of large
iron building at Joliet, to contain a rod
mill.
The open-hearth department of the
PENNSYLVANIA Steel Company. at Steelton,
Pa. Is enjoying one Of the busiest seasons
IN its history. There are ten furnaces
four OF 80 tons capacity per heat, in opera
ton. and the daily product is about y"
tons.
The revival in the iron business has
caused such an increase in freight traffic
I'm Western Pennsylvania that the fenn-
sylvania Railroad Company was obhg-
cd recently to pun on 1000 new cars Tor
coal, ore. and limestone, and VIII add
go more as soon as they can be built
The rolling mill of =. l.. kimberly *
Co. at Sharon. Pa. will soon resume op-
eratiOns The mill has been idle Tor
some months
Work will soon be begun I'm the new
sheet mill OF the Arethusa Iron Works,
OF New Castle. Pa, which Is almost COM
p,cted. 4 number of improved anncal-
ing furnaces have been put IN. with other
improvements. which will greatly facil-
isate the handling of iron. Two new sets
of cold rolls VIII also Dee added TO the
plant
The New Castle Pa). Tube Company
has awarded the contract for its new
buildings. which will Doe GO by 100 feet
in size The plant will Doe OF iron and
firoDrJOf The entire plant VIII DE l'duy
for operation by september lst
The north extension of the Schuylkiu
Iron Works. at Conshonocken, Pa, mas
resumed operations 10 has been Idle
since December.
The Flliott-Washington steel company,
of New Castle Pa, expects TO increase
tho size Il its plant making II one OF
,he foremost OF its kind I'm the country.
The company Is now running it's plant
n'lht and day and has plenty OF orders
ahead.
The nail plant at Sunhury, Pa, In
which Pottstown. Harrisburg, and phil
sdelphia people are interested, VIII re-
slme operations August lst, with n
force Of 80 men, 10 Doe doubled when I'M
proyoments are completed. The factory
now has So machines. which viii Dee
equipped with the Johnson patent, and
So new nachines Of improved pattern
win bee added.
The employees Of the slatlngton Roll
ing Mil Company. at Slatington, Pa,
received a Topper cent increase IN wages
on July LIST. The mill has plenty Of or
ders on hand. and is working "a large
force of men.
The Lookout Rolling Mil. at Hartman,
Tenn. will partially resume operations
soon. The heating department Will be-
started and the muck bar on hand con-
yertel into merchant iron.