The Montgomery advertiser., 1907-10-28
BIG IRON YIELD
BIRMINGHAM MILLS ARE WORKING
 STEADILY.
Demand is Fair, With Many bap-Over Orders to Be FfIled--Many VIII
 Accumulate
 Stocks

<Birmingham. Oct 27- Special. )--- There is no cessation in the production Of pig iron in Alabama, notwithstand- ing the fact that the mart is very dull and the prospects not at all fattering. This would indicate that there Is much confidence on the part of the iron pro- ducers in Alabama and that they ex- pect the demand to pick up in the near future. With the exception of little of the low grade iron there Is still no accumulation in this section and ir ! some instances consumers are urging immediate delivery of the product orr dered months back
 The manufacturers are doing all they possibly can to get the iron out as quickly as possible. the lap-over or ders requiring large amount of Iron yet for this years delivery. A few sales are being noted, mostly in from one to three car load lots. These or- ders are for delivery in the next sixty days. The inquiry that has been com- ing in now for the last two or three months is not developing into .much business for delivery during the first half of the coming year. s
 Some of the furnace companies ex- press the belief that the consumers are holding off until the last possible mos ment and that they will enter the mar ket at Q moment least expected. An- other evidence of confidence on the part of manufacturers of pig iron is the factAthat they are not making any concessions in Border 10 secure bust ness. No. . foundry iron is holding at the price that has prevailed for, some time. SIS per ton. Reports have been received here to the effect that iron has been selling under SIT per ton again but there is positively no veri- fication of this statement. The manu- fr. 4o to%x ax<. .<xk .>sHf isis their iron under s15 per ton, No. foundry. for delivery during the first half of the coming year
 The make in this district is holding up very nicely. No furnace was bloyen in during the past week while none was put out of commission. The work of repairing three or four furnaces in this district is being pushed with in. dications that they will be ready for the torch by the middle of the coming month. More than two Of the con1- panies in this district are in a posi- ton to carry some pig iron ana 1t ia believed that rather than make any concession to amount to anything on the product an accumulation will be permitted. With iron selling above s14 per ton. No. foundry quite a little profit is made. This is true. too, with labor high, raw material Q difff- cult matter and other expenses ex- treme.
 Foundries and machine shops in this district. though apparently busy, re- port a little quietness also. The pros- poets are no better than with the pig iron mart No reduction in the forces at work has taken place recently and all indications point to steady work being given the regular complement of men. The dul1ness has extended to the steel plants so far as the future ,bust- ness goes. The lap-over orders. how. ever. will require steady operation of industries in this line for some time to come
 The appointment of receivers and epeeiai master for the Southern Steel Company. the $25.0oo. 900 concern in this district, during the past week on petition of three coal mining eompa. nies, who claim accounts less than &f0.000, did not cause any great amount of surprise. Those who were acquaint- ed with the inside facts in the case be- lieved that the company would be able to tide over the temporary embarrass- nlent. but the. financial troubles in the East upset all plans and the receiver ship move was result. The plants of the Southern Steel Company at Ensley. faadsden and elsewhere in this and ad- joining States are lin full operation yet and the proSpects are that there will be no shutting down The company Is yone of the largest if not the largest independent manufacturing steel rod, wire and nails in the United States, and 1t is understood that the order books are pretty well filled with busi- ness. According to &E. T.s Schuler, Vice-President of the company, who has been in charge of operations, If the receivers will only provide for a steady operation of the plants the dif- faculties will be overcome and in a short while the usual business will be resumed. The receivers are Edgar Ad- Ter, who was one of the organizers of the Birmingham Iron Company, and was interested in the Tutweiler Iron and Coal Company. a practical coal and Iron man; Augustus Benners, an att torney. and J. O. Thompson. Repub- lioan politician. It appears to be the intentions of the receivers to keen the plants in full operation.
 Coal and Coke.
 Coal mines in Alabama are working on full time and the output is heavy Every ton is still in strong demand with good prices obtaining. The pro- ,ducticn during the last two months of the year promises to be brick The years production will undoubtedly 20 to the fifteen million ton mark which was estimated several weeks ago. While much coal is. being consumed right in the State it is not to be de- nied that a large quantity of Alabama coal is being used in other States. Coke Is finding a ready sale and fha