The Montgomery advertiser., 1906-08-20

 The latest and most modern appii- ances and labor saving devices were used in rebuilding this plant. The furnace is now being charged and be- fore the middle of the week will be producing Iron. The announcement is made though not ofiicially. that the Tennes sec company intends rebuilding all of its furnaces at Ensley In order l that there will be a steady supply of basic iron for the steel plants. By the end of the coming year Nhe I Tennessee Company will be In the mar ket for larger supply of basic iron
 the new steel plant to be about ready the end of the coming year for opera l ton. Before tue middle of September l it is expected that three furnaces not
 in blast now will be making iron. Two l other furnaces will be started up by l October. The prodncti0n cannot exceed l the demand and the iron and steel peo- pie believe that the only regulation the demand will have this year yet will | be the quotations.
 Even better prices than SI5 per ton ! are looked for. At that price there is
 good profit, With thice months selling | at s15 per ton. No. foundry, some nice earnings will result.
 The demand promises to continue | healthy for some time to come as the foundries rolling mills, steel plants aud | other iron using concerns inTNarious | parts of the country appear to have i very bright prospects. If the demand I does not ease up some. though there | is likely to be another advance in auo- | tationss before the end of the week. l Announcement Is made that the Birm- I ingham Iron Company. formerly the Tutweiler Company. has let contracts | for the erection of their new furnace I at Royles, a short distance from the I offy m fho Tat.fevf1lo and Nashville | Railroad. The new furnace will have l a capacity double that of the present | furnace of the company. It will be built with the latest patented machin- cry and will have labor saving devices as we'll as other Improvements. The Central Iron Company. the 1 Lacey-Buck Iron Company and other l furnace companies with. furnaces out of blast will be In the market in the next 1 few days again.
 I The coming year will find a barren l field as far as Iron goes and prices will be at the top notch at the beginning of 1907. It is not believed that there will i be any iron to be secured under three
 months delivery when 1907 comes in at less than SIS to si5.y0 per ton. Some predictions are now being made that l the prices will go to SIS and S16.50 per l ton, though conservative iron men say | that SIS per ton iron No foundry, is about as high as they would like tp l see the prices go, if there is a steady I demand. The home consumption tor gether with the outward movement of l pig Iron in this district is every bit as large as the production and as conse- aueRce there is positively no accumu- lation.
 Cast iron pipe makerA continue, to ! enjoy steady demand for their pro- ! duct and no time is being lost at any | ~N Al. .t, A- fv- .fn fC4 rsfran
 is going out from this district in all directions. Good prices obtain for cast iron pipe.
 The Gate City rolling mills, (Repub- lie Company,) is working in all depart 1 ments Some repairs are making In the finishing departments of the Birmtng-
 ham mills, but it is believed that the
 whole plant will be on before the end
 of another fortnight. There is good l demand for finished iron wita the l brightest of prospects
 Reports come to Birmingham from lvarious sections where there are from ! using industries that the prospects are 1 exceedingly bright and that there will
 be need for large quantities of igou. l It is expected thav before lehg the | nofmal output in Alabama will again 1 be on That will mean much with I prices where they are.
 Iron that was sold at the low prices I which prevailed for a while is being moved out as quickly as men can load | the same on to cars. The railroads are doing everything iR their power to get
 the iron ont and there is no delay in | that line.
 | Considerable interest is taken in this | section of Alabama as the first of 6ep- tember approaches when the meeting | of the Southern Steel Company will be | held. It is generally believed that a favorable vote will be taken on an in- crease of stock and the money realized l from this increase will be used In ab-
 sorbing iron plants and properties in I this state.
 The shipment of steel wire and | nails from Ensley to Shanghai. China, and parts of Japan. via the port of | New Orleans. is a feature of the in- | dustriaI section of Alabama It is learned that a good trade is being worked up by the Southern Steel Com- | pany with China and Japan and that a I large amount of the articles mention ed will be shipped abroad. Efforts are
 making also to get some of the busi- ness that will necessarily follow the construction of the Panama canal Steel wire and nails from this dis | trict have been going steadily to Porto Rico, Cuba, Mexico and other foreign countries and now the trade with China | and Japan promises to be interesting. | Foundries In this district are also do- l ing some work for foreign countries | and prospects for strong foreign | trade are excellent. Shipments in this trade will be in the main via New Or | leans.
 Character in Cats-