The Lamar register., 1899-09-27
E7PPLY AND DEMAND.
r oF THE DRAWBACKS OF
PROSPERITY.
| s.pins In structural steel and
M Iltaslratlsn Of the rhasemraai
.t,,iep. Al. adinE the Restoration
Protective rariu.

XTkF famine IN eA1'AAheA Net'A 0AN
IA rerhaps the most striking
Tyr tie phcpomena attendant upon
{-yIglsy prosperity. Nothing like It
sysr befure known In this coun-
,rL certainly not in any other
| [--try Here We have every iron and
1 i p-oaurtns plant in the United
s,ss working 10 It's utmost capacity,
1 ,st there il a big shortage In the
I-g'y 20 great Is the demand in many
= of construction. Because OF the
[.sDsr OF the mills to fll orders. or
70 nee, the time requirements OF
k,fynr,s already catered into. We are
br TIE New York Herald that In
York the structural work upon
~ hle oaisc bailalHEE is at a stand
asa Pablic schools that we're 10
b.eE upsned for the fall term Will
I.a eaeomplsied: Ia Philadelphia
II aPoa zArships for foreign pow
sa,A halt. In the West the agri-
,gral Implement u1akers arc At their
b ssts tor material and ara rsneS-
tsslr demands for steel for next
-t tcllrcry. and from every section
,rrrigrt and builders are calling
uFass!Bls thirty aud sixty dag de-
,rias Of E!Il pro1ueis
he fhpr;aEe In structural material.
,bs Herald. = 50 serious that son
t1-s are raiHly Offering bonuses
re uaugiacturers to puah their
a- s; Is but short tine since
rri1ral iron aad steel wcre af-
srs S a t5H. and IL IL predicted TIA;
rs uGI b. another Increase within
- sayE According 20 the experts.
zLnuzdH are the most seriously
XIX By thIK Trraarkable state OF the
Gzt stesl market. aud already
GsGan sErats are at work sn, The
81 Harkrt Obtaining ogttops dpon
~ Essl. The demand for mill
ssa IS Increasing daily. ana those
az responsible for the supply
ily admit that thsy are unable TO
VITA the abnormal situation
t1zstS-s aud Builders arc growing
ksrz;s and are eaily bekginK those
a0lt issm in bond 10 release them
OBLIGATIONS tks sainiimsn; Of
r. las besa made impo&sibl. b.
kiiCzs for ~hlch they are rot re
trsls
Fu= CAieaso Il Ia reported that
roae tCsn4Es 10 on scale never
y tguaisG. ard Il atill mounting
J., As fer the iron and steel
, To sIParts for June actually
q O~iaw to the srsa, hotne de-
TIC Domestic requirement ~as
-oFzaas LEst material eoula not Be
~ tor turCiEz Ghipment
ss tstl4ad has caused tho r~Gar
as q Ellis believed 10 be dead
1tats that have teen taie for
2. tsiscy trou competitive eausss.
ssea rropeued and put In opera
Eas9fRetBrtr wants material
-1sthE hcaes be must buy now
say TIE prices that are current
siIzser Tor materials "a Ia no way
ITtt There have been large sales
u Iron for delivery in 1909 Iron
eansot be bought under four
tAs' delivery from the u,iIi.
bal CSusrs Of Chicago having
PIE bo,t0nnS for the transportation
-os and steel eanno; nll orders.
ItIrs ago prices wcrc forty-fire
~ etnts a ton for the haul from
ssp+rior TO Lake Erie. Now the
fer ere from Duluth to Lake Erie
70 ton, and viii go higher.
Philadelphia the big Khipyars!s.
iss;AndinE the boom In their i'm
~. have been compelled 70 lay OF
s;tts Of men because OF delay In
arrival Of material Extensive
tss operations have been halted
0thErs abandoned. Charles Nc
S!d: To my knowledge certain
Building concerns within the last
says have tried 70 contract with
companies for structural steel. TO
s'iFered year from nos at pre-
g prices. The proposals we're re-
PhoeniI Bridge Company Is liza
penalty OF $50 per day for fail
complete the big bridge over the
sisil river at Gray's Ferry. The
d Cue To the steel famine. The
ior Of public works has decided
enforce the penalty.
osufE manufacturers of iron and
saJ they see no relief for New
contractors The demand is SO
head OF the output that It will
many months for the trade to
up The Carnegie Steel Com
II Is said, will not take orders
1uetural steel for delivery un-
-sfe months. Last week s3S
IS paid for hitIeta T,u,N vea -