The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-05-28
FRISCO TO CALL
FOR MUCH STEEL
Rebuilding of Stricken City
Will Strongly Stimulate the
Worlds Iron Trade.

LONDON, May 2.-Rcports indicate
that tho rebuilding of San Francisco will
have a very material influence on the
iron trade, Just now the people Of this
country feel tho effect in one OF the most
interesting Industrial problems,
After tho burning of Baltimore thcre
WAS some very adverse criticism OF steel
frame building based on too cursory
survey OF the ruins OF that city. But
since tho shaking and burning or san
Francisco all tho testimony has been In
favor OF tho steel framing, which or late
years has replaced the wood ana ADOBE
buildings formerly almost universal In
California
Boost for Steel.
The manner In which the steel framing
has como through both earthquake ana
fire may or may not Justify all that is
claimed for II In lands which are suoJeS'
TO earth -shakings. but II certhinly GU
sures that steel Will be tho Hateiln' IL
which tho new San FRANCISCO VIII inii'N''
be constructed. a.. vol,
Already the market has begun to pal,
plate in anticipation of the coming
call for steel Tho market Tor pig i,oi
warrants Is no longer, as IT used TO pe,
the barometer of trade, but II remains
the index OF the iron trade.
VIII Be Big Demand.
What really caused tho short sellers OF OF
iron warrants 10 close their accounts t tii
O hurry, and Induced others 70 ou go
the prospect OF an enormous demand 10 Tor
iron and steel for San francisco. ne
shipment OF pig Iron to San trancisco
from British ports is a matter OF regula1 I'D I
practice year by year. for Englaha can
deliver pig iron by water In California
al lower freight cost than smeiters IN
the Eastern or Southern States can de
liver by rail Californian orders for Brit
ish pig iron will not be the creation OF
the San Francisco disaster. but IL Is note
worthy that cable messages have archoy
ruent OF parcels bought for that market
long before the earthquake.
Question of Competition.
1t is believed that San Francisco will
want more pig iron than usual this year,
but that what she Will chiefly want. ana
in the speedieet possible manner. is etruc-
tural steel Now, ono question Is can the
American steel manufacturers meet all
the prospective demands. which VIII be
Urgent, from San Francisco. In addition
10 tho business they have already under-
taken? And another question is, can they
deliver structural steel as cheaply In San
Francisco as England can?
Increased Manufacture
There can be little doubt among those
who have studied tho question that the
use, and consequently the manufacture OF
basic steel viii have to be greatly In
creased in this country. All the deposits
OF hematite iron ore within available
reach of q suitable seahoard are already
being mined for all they are worth. Some
new seams hayo recently been discovered
in Cumberland. but the addition they
can make TO our supply is comparatively
Insignificant.
II we cannot get more hcmatite ore. we
must nnd other material from which TO
make steel. because undoubtedly the de-
mand for steel has increased and Is In
creasing That material we can find in
cur ordinary iron, II we nre willing 10
use basic, instead of Bessemer steel. And
the large amount OF material that will be
required for the rebuilding OF San Fran
cisco Will probably give great Impetus
to the use OF basic steel all over the
world However that may be. the de-
struction Of the great California city
promises to be the making of a record