The Montgomery advertiser., 1908-11-16
IRON, N,c0ALANDSTEEL
WEEKS REVIEW OF ALABAMA MHNs
 ERAL CONDITIONS. esissss-
steady Market Continues and Railroads Are Helping the Moveuaent--aAany Industries of the District WtlI
 HemuuRe

s~-9~---~F-
 Birmingham, Nov. (Special.) "A steady market, no sensatlonalism. no booming, prices firm and the consum- CTS taking things cooliy and buying steadily, that is the market that VIII be more profitable"
 This is the statement that is made as the buying of pig iron goes on in the Southern territory. The make is being improved right along, one fur mace having resumed operation In the Birmingham district during the past week, two more on the calendar for op. eraticn before the 2Srd inst, and stil two others by the 10th of December. Furnaces are to be put in operation just as quickly as possible.
 There has been a steady buying or pig iron and the aggregate is now well covering the probable make for the nrst quarter of the coming year. Some tur- mace companies are somewhat appre- hensive that there will soon be halt called on the selling, for fear that bus mess cannot be cared for. Very lt- tie. if any, business Is being sought for delivery during the second quarter of the year or for the first half. 'dtis believed that quotations will be better hy the time the second quarter buying heRins and for that reason the Tnanu- lecturers are not pushing the product any.
 along in the Birmingham district at $lS per ton, The suggestion that an ad- yanee of from 50 cents to $1.50 per ton will most likely be adopted by tho end of the week If not before.
 The fact that care is being taken not to oversell the probable make for the first quarter of the coming year and also that inquiries in hand indicate a heavy need for iron. warrants the as- sertion that the demand Is going to regulate the price and an advance will moi be out of place. Information mas been received in the Southern-territroy that Northern iron is bringing a bet ter price which gives great encourage ment
 The railroads are giving every assist ance in prompt delivery. There is some selling still going on In small lots for immediate delivery at prices the same as that at which next years iron is selling.
 Charcoal iron Is very active, Ihe as- sertion being made on good authority ' that sales since the election Aggre- gatfng twice as much was sold for six months previous to the election. Basic iron Is still in demand while special analysis iron also has premium at- tached. All conditions are most favor
  ing a satisfactory feeling.
 While the iron production is being increased right along, no little atten- tion is being given to theHaw material supply. Ore mines are to be started up just as soon as they can be gotten into shape and labor employed. The Republic Steel and Iron Company to- morrow will start up three mines on the Birmingham Mineral Railroad. giving employment to Q couple of hundred hands and supplying one for one for mace. Ali the mines ot this company will be kept in steafly operation to furnish its furnaces at Thomas with the material. Other companies are ma king preparations to resume operations at ore mines, the increased iron pro duction calling for this resumption on all sides.
 The business being booked by the iron manufacturers right now Is in or ders of from one to three and -Four thousand tons each. There will be prompt delivery all right on this bus mess.
 year stacks of iron to be seen on the furnace yards in the Birmingham dis trict will begin to dwindle. A large amount of this iron belongs to brokers and consumers with the understanding that it cannot be placed on the mar ket until the coming year.
 Tn addition to the resumption of the two rolling mills of the Republic Steel and Iron Company in January. anotheI Interesting event Is slated for thai month a general resumption of pianta of the Southern Steel Company, (bank' rupt). The statement came from Ems ley. two days ago that the reorganizs' ton would be completed in New Korh | this week and that immediately the plants would be put in condition to' l operation.
 It is figured that this work will take l up six weeks or a little longer and ther the actual operation can be started. Th' assembling Of labor can be accomplish ! ad while the prenarations for operation