The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-10-08
STEEL PRICES NOT TO GO UP.
CORPORATION DECIDES AGAINST
AN ADVANCE.


Ono HAD been EApecteu nec~us~ 49,
Great DE mand ana increAsihk SOe'
OF Pig Iron Orders Placed for $4,000
New steel Cars Prices Higher.
PTrrsBURo, Oct. Tine IhHSu Swe'e
steel Corporation mas SCI al resi- -" 49,
higher prices Ior nnlsheo ptouuc's' 80"
TO the demand Tor material the uhSei,a1
delivery and the increasing COST Q ~
ana crude steer pronucts mere nhs L.
uneasy feeling among buyers InaC
prices would soon OBTAIN, me o'eeL o,pV
hon Knows u IL q sulcldai pOhcy W auVn
prices, Hence there VIII ne no hlEheI 49,
On PRODUCTS controlled by that concern.
does not include tubes, pipes. sheet tin Plate
haTova 49, ,bs ouotations on these are 70
DO changed.
~Hn not be increased il does not give the
80. ~, moro nromnt delivery. There
buyer any "olc h1NIS - - ht.hsr
are many consumers willing TO pay hlsneI
prices provided they can get whst they "ahI
s u oonnern. wS " viii charge premiums.
- ad,anood a, . ton
Light rais rave oeeh auNanCeu Sou
a. indicated one Week ago, me auSo .s w'ar
40, RI sa9 mar TON. 10 20 20 pounds. .22 to sss,
.a,nd. so,. . nonrd. aus
IL pounds, 800 pounir, 90
Inc week mas "tlesSeu a. enoiuras
demand for scrap meta! and a distinct e1ort
N 900 tons NJ heavv melting stock have been
"a as oa-,on 20 ne 10 nslIa Iron Works
500 sl' pei V " 10 De"e 10
ana tne sharon ".ee' .d h - ouer nr.vious
.ales and higher prices are look ed for. he
49, auo,a,ions ~ scror n,e,aI are.
Old steel rails. rerolling. $3.50 to sls; old
steel rails, rerneitinH. $500 to sl7; iron car
axles. s2s to $40: heavy melting scrap, SI7 to
49,. W 30 ~ ,s-oU.h, .oran 40 o.
scrap, DO 10 elo, : NIous". seiSP 80
cast borinRs, sn.75 to $40; No. 1 cast. $3.50
10 Az. old car wheels 500. 50 to t2E old iron
al. .,s =, .re. ovla t,rnipgs ala m ala IA,
LaIi"sy lnaIeanie' 80 20 49, 80 = S sne ~.
rs 80 IL "a t,,,ar ~ ain * ~ az. ra'
AVN rsIs SIS a." Ho'U Nv"
iafhnS sSns' e. e. ron bos ham soId duripo m.
wneS ~ Nh ~ s,o ~ Ter ion PittshnrS
SsIeS ~ fnindrv No. : have been recorded
~ S5t -, p;t, sSurg 'Thcse re- record nrir %
70 he ear The small lois of ron remain
W. W. nnsGlJ for tbo vcar are 1reedil, taken
ny hw con.,n' erI inc specuistors have no
49,
Snu,bern iron ia eouauv "a high as the
Noryhar0 nroJuct ,ati"S the difference i'm
iba raiiroaS FIeigbt intn account sales ~
me raIIrp Son INSe,snt IntH 9SC0u hesD Sadds az az az
az . ton R;rrninabam 'Thia is for deliv-
e S his Year EntmSe iron is selling AZ SID SO
eIS,E' y.a,.inn 90 49, - Saiivsrc wbiIs
70 80, S.to''umK w. uute ~ uI ~ he
so,5y - InV SVu,melm Ira"t hass az sa IN
10 yl4 -
lahInH Lne 2aueIT LOT , ns Nv ~ va
nrodnc'ion nj nc iron no =, vaar II Is n fact
prouuolIon oi pug Iph neAt yea. H. a.,
noNeEer, Ludl nraIS eNeIs SmHn Diae. V T.
nae ~ III ,our TLLoo - Heu1aS t 49, Viii
put INTO Dlast. me aEgreHate tonnage VII
do much 20 relieve the shortage and will
eVentualy otlng uo"n prIIes. WIN pig Iou
selling around w a Ion alhoSt any AInu o.
a pant can make money. whereas a. ~
2 ton the same woulu not prove pron'aoie
3PeIaLeui j. a.i.Aod u.o., l.. ,h.
1rslahep r !" ISs bis ~ nn, NJ tbe m iToe and .teeI
greatest w me nlsUory oitne noI nmnu 49,
lndustrN. Inc american 9heet anu I'm rlaIS
Sompany mas starter auuitiohst pants snG
the company mas 70 per cent. o. lts mills IN
operation. The independent Nils are nearly
az WORKING, ana mat IN spite OIL the hlsh price
Of rug tlh anu steeI. ,ou .,o ., a.,
SneeJ DaIs are Seling AZ from sSO 70 ~
per ION ine nieel NorpoTatlOh mas no pat
20 sell WIN me increasing output OF II;
fSs s h1ast ' tis T niste. @R hoop OAR and G" wire mills { |,
taxing nearly an tne cguIe Steei InaI can "
produceus l ICONS as II L"V oVett S9rpo' SuO n
W tm nn WI y, on'i reW u ""u'"" Ho"
The steel corporation last July serVet
Jannnry ~ d tbe coTporaticp would he ma hi;
70 HCCept IeieNaH loI pHTsts anG Oais. ~
sLesuiu t1p mJtpenuent dnnti S lar air 1u@"
GARY as 20 MheLe 70 Eet tmtIi SuppIyi. -
meeting OF nc TN plate manu- actIrers u u
% neid ocI9per ~ a, ntaniiIt O6Iy; Tnnteal
nthe ln~dependnhts sn0Iid ION ~ me ereEttoi
ot a steer mn u could nor pc Hot unue
way Tor TWO years or more and ~ that nm.
the present shortage Nould probaOly De over
Inc Independents nave held many meeting
IN the pa,t 70 CoHslueE Ihe steer supply ou
no concerted action mas ever Deen taken
As a result they are up agalhSt q most seriol
question. "hich may compel thein 10 clos
down thelr plants u,-. -
The American. steel ana WIRE, Company
will draw more heavily. on the billet supply
Of the steel corporation, than heretofore
The capacity IN steel wire has been Increased
Is per cent. The Steel and Wire Compan!
f. adhering strictly to market quotations