The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1907-04-08
PIG IRON IS BRISK
BIRMINGHAM MARKET CONDITIONS
ARE GOOD.


for Adequate Transportation
Facilities for District.
Birmingham. April 7.--tspecial. >
The shipments of pig iron, cast iron
pipe and other kindred products from
the Birmingham district since the
list of April have been exceedingly
brisk, and the accumulated iron and
pipe on the yards here is disappearing
at rapid rate.
The statement lis made that in
very few days the delayed product
will have been delivered and If the
transportation facilities which have
been given in the last ten days are
continued the railroads Will be able
to handle the daily output in this
district without any, trouble. The
iron market is just rs strong as 1t
can be and manufacturers announce
that the inquiries are again active
and sales are being made right along.
All business now being taken is on
basis of delivery during the last
quarter Of the year. But few of the
iron makers are able to sell for de-
livery during the third quarter of
1907. so heavy are their advance or
ders
Consumers are beginning to feel
easier since the railroads are furnish
ing more cars to the manufacturers
to move the product. There is not
great demand any more for spot iron
though now and then an inquiry is
heard of and a premium of three to
four dollars per ton is offersd for
few hundred tons OF this class of
iron. The make in this territory is
still off and no Indications are noted
OF an early improvement In this d.
rection.
The repairing Of furnaces is not
such an easy job as many would think
and even the manufacturers themselves
are worried a little at the time that
is taken in getting the furnaces in
share for operation. AS has been
state! before, not less than half a
dozen furnaces are being worked on
in the Birmingham district and should
be ready for the torch In short
while. This announcement was made
before and every week when infor-
blowing in OF furnace or two the
same talk is handed out.
There Is no doubt but that every
effort Is being expended looking to
the large output Of iron. The manu-
facturers are fully aware of the fact
that every ton OF iron they car pos
sibly produce can be disposed OF.
BILE, beyond any doubt. No. foun-
dry iron fer delivery during the last
quarter of the year is bringing $40
per ton right along. Third quarter
iron. what little there is. cannot be
bought under $40. so and s21 per ton.
Spot iron is quoted at $23 and 1914
per ton. though there is such small
amounts being dealt in that the bus
mess is not being given much con-
sideration.
While furnaces are down for re-
pairs preparations are to be made to
increase the supply OF raw material.
One of the largest companies in the
district has been troubled for some
time with a short quantity of ore,
limestone. coke and other material.
The time has come when strong at
tentfon must be given to the ore sup
plies and to that end 1t Is announced
new mines will be opened and other
work done looking to an increased
output. Those companies which are
producing little more ore than their
own needs REQUIRE are finding no
trouble whatsoever in disposing of
the surplus at good prices.
prominent manufacturer in talk
ing over the situation said: The
transportation facilities have at last
improved to such a condition that we
can begin making deliveries on or
ders within reason. 1t will not be
long now before all the accumulated
iron and pipe will have been moved
out and then the railroads can well
care for the regular output and move
ments. There Is strong demand for
iron. but all manufacturers ere not
accepting much. II any, business for
delivery earlier than the last quarter
of the year. Despite the fact that
handsome premiums are still offered
for spot iron there Is nothing doing
in that line. Third quarter iron COM
mands more than $40 per ton, No.
foundry. now with but little trading
going on. Indications point to the
furnace companies well sold UP on
third quarter iron. The production
is far from being satisfactory Dur
ing the past week alone two or three
furnaces lost considerable time by
small repairs being necessary. Every
attention is to be given to the pro-
duction. 1t is too we'll known that
every ton of iron that can possibly
be manufactured will find a ready
demand.
An estimate has been made as to
the loss to Alabama manufacturers by
reason of the poor railroad service dur
Ing the past six months. bringing about
an accumulation Of iron and pipe and
in many instances causing furnaces to
lose time because of a shortage of raw
material supplies. In addition to the
loss of profit on the iron, consumers
paying for the product upon delivery,
the entire district was disturbed. The
loss Is placed at 100000, in round fig
ures.
The repairing of furnaces is being
given some attention, the subject is
one of serious thought. The work pro-
crosses very slowly in this district,
somehow or other. More than once the
time set for furnaces to resume oper-
alton lately has been under estimated
by from four to six weeks. Iron maxi
ers which were to have gone into OPP
Grafton a month ago almost are still
out. Brass foundrymen report their
business very active with a demand for
buyers for furnaces that can hardly be
filed
Cast iron pipe is in demand. The
various industries in this line in the
Birmingham district have under con-
sideration improvements looking to an
| increased output The United States
Cast Iron Pipe and Foundry Company
has been making improvements at their
pipe plants for some time now. other
manufactures are ha wing improved
equipment added from time to time, all
of which intended to increase the out
put Cast iron pipe manufactured in
the Birmingham district Is being ship
ped out in all directions throughout
the country.
COeI and Coke.