Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-01-12
Nearly All Branches Of the Trade
Disturbed About Consultations.
PRODUCERS APPROACHED.
Demand From Foreign mud Domestic
sources L. Large aud Urgent -Cooi-
gardie order sun ON Market.

New York. Jan. i2.-In It's review of
trade conditions the Iron Age will say;
IN nearly all branches the trade IL
agitatcd over cancellations or fumors
OF conHoiIdations. Interest. Of course,
centers In the practical control by the
American Steel n Wire company. Of
New Jersey. one Of the great interests
Of the country. either by the direct pur-
chase OF the leading plants or by the
influence which they WELD through the
possession of tho plant for producing
the raw material wire rods. Reports
are current that negotiations arc pond
Ing for the acquisition 'pf one OF the
famous wire plants. not yet part Of
the consolidation. II viii take some
time before the full bearing upon the
future OF many smaller independent
wire plants has developed. The FIRST
step. 20 far as prices nrc concerned. Ia
an advance Of 10 cents per 100 pounds
ON wire nails, barb wire and plain wire,
Tor January shipment only.
The American tin plate company
seems 10 have turned 10 the question OF
securing a supply Of steel and OF tin
plate bars. The ncsscmcr works and
bar mills OF the uellairc Steel company
Mt liellairc. Ohio. have been purchased.
and ncgotiationH nfc pending with "A
nodcrat. sized iieascmcr plant Ia
central ohio which has reputation for
ita capacity Ia make cheap steel Other
producers have been also approached.
The selling policy OF the tin plate con-
Germ " not Yet clearly defined. but
prices on 100 pound coke tin plates have
been advanced 10 the basis Of 81 at mill.
against the low water notch OF $50 at
min last summer.
Reports are current Of n movement
toward consolidation among the rolling
mills OF the Mnhoning Valley and the
makers OF merchant pipe. The old plan
OF getting together the makers OF east
iron pipe has also been revived. but
with little hope OF success.
An interesting and promising UNDER
taking which seems Ia be ripcning fast
H. the consolidation under the title of
the Carter Coal a Iron CO.. 81 the ma
jority Of the blast furnaces along the
line 81 the Norfolk a Western In vir-
Einia.
While such movements are going on
the market ~ naturally affected IN
many lines. sun. generally speaking.
II may be what characterized IN ntili
gaining In strength The indifference
~ sellers II increasing and II may be
much more moderation and tact. They
nrc nnd have been In position 10 fore.
n rapid rise. hut have. ON the contrary.
thrown the weight ~ their influence on
the side Of conservatism. In many lines
the leading works are simply overload
I'd with orders and statesmen generally
are given instructions To stop. II looks
M though their occupation for months
60 come VIII be worry over deliveries.
The demand both from domestic and
forciRn sources. IN large and urgent.
hut the percentage Of actual transact
tons put through IN relatively small.
In plates there IL n scarcity bordering
ON famine.
An indication Of this II furnished by
the fact that the balance % the famous
coolgardle order II rtlll on tho market
ana that eastern mills have since then
received another Inquiry from foreign
sources for fifteen thousand tons In
rittshurg prices for other shapes than
beams and channels have been adj
vanccd one dollar per ton by the lead
Ing Interests. bars thus FAR have not
fully responded. In spite OF an active
demand, Sheets are flrmcr.
Tin has risen further TO SO and tae.h0.
Copper has been sold NJ 90 fia.Ggis.
Lead has gone 10 N.iO and npclter has
recovered to 1915 In New York.