Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-10-12
CAPACITY is INCREASED
Great scarcity OF Cars Drop In ship
ments Coming Further Advance
la Prices seems Likciy.

New York. oct, u. Discussing the
situation ia the Iron and metal trades
the Iron Age viii today say;
our monthly blast furnace report
shows that tho weekly capacity OF the
coke and anthracite furnaces on octo-
Der had gone up 20 ei2fes gruss tons,
or iQ.1is tons above the September ng-
ure. In other words, the preparations
Tor production are telling. In the South
n number uf sWnll plants VIII drip Ia
from month to month. but they do not
count for much. Furnace stocks have
declined further, thus showing that
consumption " still cr1wding output.
n very serious feature d. the great
scarcity OF ears which affects the sup
ply of coke. ono large plant 90 three
furnaces hnH been forcrd To bank thrrc
times IN one month because coke ship
mentn wcru delnyed-and II D. IN the
face of an eftort made Tor months "a
accumulate stock Tor Just such etuor-
gcncieH. Every department Affecting
the great Industry " the Central West
o. under such tension that any extra
strain In any direction causes rup-
turn which disorgnnizca everything.
The fear % "a shortage 90 ore. ~
troubles over coke supply, ana " any
possible other contingencies affecting
regular ana maximum of pig production
Ia tho one factor which dominates the
trade
on the other hand. or course. the In
crcaalng production ought 10 be- rras-
HurluE. With the winter before uH.
bringing lcssrnod consumption, tho
expansion in the output ought 10 enc
able the furnaces 90 catch up ON de-
llvprinH.
while the makers. NJ raw iron are stIu
behind the consumption, % looks uH
though ln some lines % finished Iron
mud HfENI tho FHIIlH ara 1WWFfuHH fHH anfHsa
tonnage Tor the flrst half NJ 1900
Cases ~ this kind are cropping up and
may have some eject Ia modifying val
Muoh'ia being said about tho export
trade The statistics of shipments up Go
ana Including August are referred 10 aH
proving that that outlet iH Htill running
full hut after an that a. really like
watching the tail race without keeping
an eye ON the hrudwntcra.
In many lines new orders have been
scarce Tor months ana sharp drop IN
shipments u coming. II ~ wei. how
ever 10 make some exceptions IN tho
wire Industry ln which tho Germans
are our principal competitors. export
sales have been heavy in spite of sue
cesalye advances aggregniiuE since
early August about $40 per ton. Tho
reason Is that the Germans are good
deal worro on than we are Ia the mat.
ter uf scarcity OF raw material, and We
are prontlng thereby. A. an Indication
of the pressure 100 the wire trade, we
may mention that the leading interest
has ordered 10000 additional blocks.
In structural material we are aided by
the fact that our designs while amply
heavy Co meet the strains, are lighter
than those NJ other countries. Then, Of
course, there lH she matter 0f time Of
delivery uf which Wr have advantages
even now IN certain lines.
But 90 expect that We can maintain
our rate Of tonnage IN the export TRADE
nt present prices Tor the next six or
nine months shows a Misrepresentation
or tho situation
The rail makerI are getting good
prices, and in some cases the require
mcntH nrc Unexpectedly large II a.
probable that further advance lu
prices VIII take place al unrurly date.
IN steel the scarcity Tor prompt dcllv-
cry continues undated. A. much as
lls ana SO per ton has been paid for
round lots OF open hearth steel billots.