Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1896-09-11
STILL CRYING FOR MORE.
Tho steel Hall omhinat,on Yelling fo-
More Protection.

Tho steel HALL continuation Yelling fs~
More Protection.
Ti.s combination movement recently
and now I'm progress la the iron aud
steel industry has not only excited
some alnrm In the high tariff camp, as
we showed few days ago, hut has
also become the subject OF critical re-
marks In conservative trade Journals
The Iron Age urges the associated
manufacturers OF steel rails to reduce
their uniform price. pointing out that
II Is maintained In spite OF decline OF
about % per cent In the cost of pig
iron since September lust, and that
there are considerations involved OF
much higher order than tho mere tenn
porary advantages secured by ndher-
ing To prices which can only produce
irritation" The Boston Commercial
Bulletin saws:
I'm steel rails, though n combiun-
tion holds the price above what IL
ought 20, we can compete with the
manufacturers OF any country. as Is
shown by the recent sale Of 10, 600 tons
OF American rails To japan at IA price
which was 81 75 per ton lower than the
minimum prices OF the English manu-
derstood THAT rails cnn be made with
In - of the value of billcts, IN which
case rails could have been sold for
even less than s2i."
The associations price 10 buyers in
this country, however, Is S2s ut east
ern mills and s29 at the mills ia Chi
cago. The difference between the
price of steel rails and the price of
steel biilets ut English ports is less
than g.. 80 per ton. Here is nu instruc-
tive comparison:
Differ
England. e. o b. b....... sues S230s Ia
United States, Pitts-
burgh mills ............. i7.0l $500 IiO0
Tho English quotations are those
cabled TO the Iron Age on the 18th
inst. Billets were selling for SIT at
Pittsburgh n few DAYS ago, be fore the
price was increased 10 SEQ 25 by the
rev billet pool The difference now
Is Sz75 instead of GIL IL may be
noticed, as bearing upon the tariff
question. that even this Increased price
at Pittsburgh Is lower than the Eng
lish price, and the bikct NAV lie rxs-
garded as lying at the base Of the steel
industry.
There IS much talk about the price
of nails In the case of no other
iron product do variations in the price
attract the attention OF 80 many
persons Since May last the price
of nails. both wire and cut,
hns been increased by nearly 600 per
cent, owing to the operations of com
bination controlling both branches Of
= 0l..,t tnls
for Mey made the increase 22s per
cent for cut nails and 200 per cent for
wire nails With respect to the tariff
II may be said that large quantities OF
nails have been exported for some
years past, and that while the domos-
tic price has been advancing the ex-
ports have been increased!
The Iron Age has recently published
several letters OF com plant from hard
ware merchants "A prominent mer.
chant in Pennsylvania ia' says:
Come now, my self-rcspecting hard
ware men, you who pride yourself ou
your commercial honor, you who will
stand rated good for all the nerchan-
disc you can buy, come now. honor
bright, how do you feel when you are
compelled to tell the honest mechanic
or laboring man, he who is earnestly
striving TO earn home for himself. or
even to tell the toiling farmer, that
yonr base price for cut or wire nails is
e2. so or 81. rs per keg? You know that
they arc not worth any such money.
OF course we know that the price of
year ago, rs cents, was two low. but
why should they be worth anywhere
more than between 81. 10 and $l25
a<w? And when you have this order