The Montgomery advertiser., 1908-06-15
BETTER PIG MARKET
SYMPTOMS DENOTE IMPROVED
 CONDITIONS IN IRON.
Prices, Production And General De- mand Indicate Happier Future For Iron And Kindred Pro- ducts--In Birmingham
 nfafrief

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 Birmingham. June 14--(special)-- Better prices, a larger production and steady inquiry for pig iron and inc cidentaily the kindred products. give ham industrial district and indicate much happier condition than has pre- vailed here for number of montns now. Three furnaces have been blown in recently. the steel plant is being put on by departments. the entire woxks at Ensley to be going before the ex pssn,,0na Q, aS sypsrsstions at other in comes from a little inquiring in the I Az a conssausncs of heavy sales re- gently and a better market all around, the quotations have been advanced again and the producers are now ask When 1t is taken into consideration that d month ago iron was selling under s11 ton. No. foupdry the present quotations are to pc appreciat-
 since the activity in iron selling came on the Alabama producers are said to have disposed of more than halr livery on this iron will be made just As fast as the consumers desire 1t, though the statement has been made and speculators purchased considerable quantities of this iron, 1t IS possible that there may not be Q general nov 1nE or same unUl the oStuAnu tidS grown to such an extent that the prices, as a consequence, shall have gone up to a former profitable figure. There is some business still being transacted in small lots which indicate that some of the consumers are buying cautiously and anticipating no trouble in getting their needs filled when they
 Two furnaces on basic iron have been started up and one on foundry n the past ten days. Tn addition 10 this large force of men is at work on two or three. other blast iron furnaces open hearth furnaces and the blooming miii in the big steel works of the Iennes- see Coal. Iron and Railroad Company, snd Msis sss5ssS u shs ahs rai mil m vii ss practically the entire. works. Eivins employment to several thousand men. irnass na of the n Repnpiie sns Iron ana Steel Company will take place m tne next week or so. while other ron makers are getting in shape rapid,y.
 Ten thousand men have been given work already this month and five thousand more men will be placed at work before the end or another thirty
 There is but one dark spot on the horizon in this district and that is with ss ys union soa nsTs wG @t .Ss ss0S
 mercial coal operators. The latter want to be placed on the same footing with the non-union mines and there- fore seek a reduction of ten cents per ton in the mining wage The union organization has membership of be- tween $500 and 1000 and 1t nothing commercial coal operators will hold a meeting Monday and will hear the re- port of its committee which handed out the ultimatum to the miners m ,as m reconciliation and that the. two sides will get together before the present contract expires, July 1.
 that the last of the depression has been felt. The reduction in prices of bar iron and steel made by the big est cOnceln in the Hs world i' h the metal business, the United States Steel Cor poration. has not caused any great con stsrnatiOn as get in this sScsion, no,,tseas 1T as horoscope Is becoming clearer will mean a general resumption of con- fidence in the metal market and that prices will reeeiye an impetus that turers have sold in the past few weeks furnaces are going at a lively rate. While this iron is to be delivered just as Is desired by the people buying wifS Sams but m Wit ittie sy f. sS any Ss iron c m se yards, means that there is reason tor starting up the Iron makers and after once being started up lL VIII pc Hn 3D. Bolute necessity to keep them In opera ton to meet the demands Southern pig iron is being moved out in all directions. in small lots. The various companies announce their ability to Eurrlsh any quantity on any time de- livery. Some business is still being done, in small lot. There is lively Interest in future prospects and con siderable inquiring is being made.
 J, W. Mcqueen, vice-president and general manager of the Sch1oss-Shef- Held Steel and Iron Company. said that the Southern furnace companies had sold large quantities of Iron for future delivery and were now resting little on their oars. However. there was considerable business coming in and the order books were beginning to show excellent signs. He said that the future prospects were bright and the of from fifty cents to two dollars in the last six weeks. iB warranted.
 EnnIoy Plant Started.
 The starting up of the big steeI plant at Ensley of the Tennessee Coal, iron and Railroad Company, United States Steel Corporation. is the most iInpor- tant move in this district since the