Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-07-13

BIG ORDERS FOR MATERIAL


Now York, July l3.-ilcvleWlnH inc
trade condition. the Iron Age aaya'
our usual monthly pis iron estimates
show that production. while IL contin-
ned TO increaac 90 June. was made
qunt' 10 meet the demand. the stocks
having been further reduced. The pro-
duction OF the coke and anthracite FUR
naccs expanded from 10000 tons week.
By on June iHt 90 $1,000 toms weekly on
July ist. and set furnaces md warrant
stocks fell from 2i5.o0o 20 1900 tons or
four days supply. reckoned on tho
whole output This feature j., how
ever. somewhat mialc1ling since the
stocks cover only tho metal ON hand nt
the furnaces running Tor the omen mar.
ket, representing about ono quarter "
this output nut oven making due ale
lowancc Tor this, The stocks are at "a
very low 0lh.
n " true that number of furnaces
have started since rho first of this
month and that others viii be- In boz
fore the beginning or August but yet an
easing IN the situation o. not yet ln
Hlght particularly since an important
group ~ furnaces M the Sheuangu VAL
Icy are banked on account OF labor
troubles Although they are expected
20 start soon. q certain amount o. tou-
mage has been lost
II has been a matter N surprise that
thus for there have been few ludlCn-
lions that hlgh prices have adversely
affected consumption. Probably the
fact that deliveries have been az much
lower range of values may explain u.
quito recently. however. "a number of
instances or holding over enterprises
have como under our notice. They are
lnslgnlncnut when compared with the
large amount NJ now work coming up.
ana IN tho fearful pressure of deliveries
are lnst sight Of. but they may be- the
f1rorunncr NJ more important develop.
mcnta late IN tho year
The pix Iron markets have been fair.
~ active AMI IN the East continue 90
display an advancing tendency. In
llitahurg there has been % moderate
movement In hCaucmor pig nt {20.'i de-
livcrod.
Some moderate sales Of steel hlliats
have boon recorded, and there ~ now
an Inquiry in the eastern market Tor
% block ~ about 1900 tons fur delivery
during The current year
Reports have been current 10 tho cf-
feet that "a large block OF shin plates
had been purchased In GLASGOW Tor
shipment a. this country. We are un-
able 60 verify those statements which
may BE- due 10 purchases by one large
concern ~ nll earlier contracts and
thus obtain relief here. II o. fact. on
the other hand. that q leading mill iu
The central wcat has Just made c0n-
tract Tor a worry large tonnage ~
plates for tho clyde, the deliveries To
run over RI year or more.
In regard 20 the contract FOR 10000
tons 81 steel rails f0r Russia. we have
% from "a good source that tho business
| d practically closed.
Strurturul material has been nd-
/ vnucrd 50 per ton during tho wcok thus
bringing that branch into line with
/ other departments, Chicago reports
the placing ~ ma order for ten thou
sand tons Tor western railroad. In
/ other parts of tho country very largo
] requirements are coming up.
The sheet market has shown great
] activity and e. further advance has
/ Ing Tor 1900 tons was placed IN Chicn-
| go this week.
The latest dispatches from Chicago
| state that tho conference between the
! American Tin Plate company and the
| AmnlEumuted association have not yet
! come to uu end. The reports Indicate
] that hu early settlement may be- looked
/ Tor,
NEW IRON AND STEEL COMBINE.
| nlrmingham. Ala, July i3-Tho Her
ola says
The sloHs Iron and stool company viii
! probably soon go out ~ existence aH n
1 separate organization, 4 new company
| a. 90 uD orEnnlzod % Include the SloHa
] company, the American Coat company,
! the Euslgy Furnace nt sheffield. tho
/ Philadelphia Furnace nc Florence the
! Nulf Crook Coal and Coke company and
| iron companies Of Alabama.
| This proposed now company hnH been
] perfected within tho past ten days by
/ tho consolidation OF the various COM
| plulDH mentioned above. II lH pruuu-
/ bile that this combination will effect %
| consolidated with the Alabama Conl