The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-31
BIG DEMAND FOR STEEL PIPE.
MILLS SNORT on DELIVERIES;
NEW ORDERS HEAVY.
TN Plate Manufactures and wire Mnis
Hnmpercd by lack % Bars-Taik %
New Biast Furnaces-He&vy sales o.
FOUNDRY Ireu-Ptg Iron Increases.

Tin Plate Manufacturers and Wire Mills
Hampercd by Lack q Bars-Taik %
New Biast Furnaces Heavy Sales OF
FOUNDRY Iron Pig Iron increases.
yrrrssUao, Dec. so.-0raduaIly prices are
assuming figures familiar In the early part OF
1905 In iron and steel pipe. The demand Tor
steel pipe has been great enough TO force
upward the price o. per ton. Boiler tubes
ere ~ q ton higher. The prices named
are those In vogue prior to April. 1905. Three
times during thu last quarter OF 1903 prices
on steel pipe have been increased: October
u 81 a ton was sdded to the quotation and
November S % more was tackled ON. The
National Tube Company and the independent
mills have adopted the new schedule.
The pipe and tube mills Of the country
were never 90 busy a. they are to-day. Many
Of the mills have failed to make the deliveries
ordered Cor 1903. aud quite . tonnage viii 90
over into next year. The year ieo1 wm
witness tbs greatest production OF iron and
steel pipe in history. This VIII be Que TO
tina demand. to begin with. ais to the In
creased output at McKeeeport. Pa. ana
Lorain. Ohio.
The Pacific Coast 10 now the largest con-
sumer Of pipe for oil mains. The independent
oil producers Of southern California have
formed plans for the laying OF . pipe .as
7S miles long. An inquiry II being made
for the delivery Of this order during the
sprtng Of 1907.
The independent sheet n tin plate manu-
fsoturers are anxious to advance prices. The
American Steel and Wire Company 10 not pre-
pared 10 Join In che action. Some OF the
concerns that are filed up with orders beyond
the nrst SIX months OF 1907 WIN not aeCspe
additional orders at prices quoted. Dolly
aries TO jobbers are not satisfactory and the
mils are unable to deliver In greater. Quanti-
siss' od hsnSs , Ssds's ga. i0t for sn sssiy ID. daslivSsriss'
iosSinsP SSsss. ma The wsrssoS:s: O The
The American Sheet and Tin Plate Com
Hssny es: mot %ii sn idis s sae ~ mi oper na .n' Ths
others woulK be running II enough steel could
be bad 70 keep then. In operation: The Ga;
during the year. by ,Fhs Introduction q The
Bray system Of band handuns %nssrI 1i;h ne beg sf 0.y
sssESe p saS vii Hsl Sssi SaS oSsSsii onsn "a: January
Ohio. = also Being .s@odsllsd 50 y % r.:
s Srss:sd Sn fc Sss esssi bars.
The wire Interests are lust as hard up for
bars an: md Siilsts s. rs are 4;,l the f fSss ia;d sp SatsSi
wire interests are really planning the erection
of blast furnaces. and q billet mill Ths
&C.. .Ssr''i Su e 4 eE !: s .ss SS1s that %ay a n s8ssss =. supply
I'm bring about the result. Il win take from
aMutDtn MlOuN1n W WV yg8Nn
psfors . blast furnace and a steel plant can
The foundries are again in the market.
This 10 exhibited by the demand for foundry
irons. For q time beeeemer and basic iron
led in price. but foundry iron. prices have
oyertaksn these. Sales OF ten tAoysend tops
OF foundry No. 2 for the second half OF the
year have been reported at s,i.sS per ton:
and October. Foundry iron for spot delivfry
has sold as high as SIS per ton during the
last week. Standard bessemer sales have
been made at s2z:s 50 valley furnace. and gray
Sales OF basio pig IRON have been made az
ga per ton for delivery during the third
quarter OF 1907. Last week similar orders
we're booked at e2o.7s. showing an advance
ofFsf.2s a ton within a week. An order Tor
41ayOOO tons OF Standard bessemer has been
booked by q valley furnace at s2i.Ss per ton
pittsburg. This is considered low.
The production OF pig iron has increased
more than . million tons during 1908 over
1905. Thus 1909 will be the record breaking
wear FOR the. production Of pig iron. The
3.ses. sse gross tons. There are only a few
IDLE furnaces. The Republic Iron and Steel
COMPANY has placed its Sharon. Pa. stack
IN blast.