Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1909-07-30
INDUSTRIAL WORLD.

The New York Journal of Commerce
states that iron trade is in the midst of
great buying movement of pig metal
Contracts have been placed during tie
past week in the eastern territory alone
for 100000 tons, of which 10 per cent
has been foundry iron, while in the Pitts
burg district additional orders have been
placed for 10000 tons of steel-making
iron. Since the first of July contracts
east of the Allegheny mountains have
aggregated 100000 tons and about 1907
900 tons in the Pittsburg territory.
Nearly all large consumers have been
represented in the movement. Not only
have pipe works, agricultural implement
and radiator manufacturers been in the
market. but railroad equipment shops,
especially manufacturers of cars. car
wheels and malleable castings, have been
prominent buyers, while railroads them
selves have bought a fair tonnage Or
ders of unusual magnitude have been
placed for malleable and gray iron cast
lngs in the eastern territory, especially
in New England, while there has been
a great volume of business in hardware
lines, especially in butts, shapes, and tee
hinges Manufactures in this line re-
Gently anticipated the revival in trade by
placing a contract for steel billets with
the Pennsylvania Steel company calling
for shipments at the rate of 5000 tons
per month for a period of five years.
Other large manufacturers of saws and
| tools placed similar contracts aggregat-
ing 5000 tons per month for the same
period, making total billet sales 100000
tons on a sliding scale basis.
The railroads have placed additional
contracts for rails aggregating about 10
600 tons, including $4,000 tons rails to
be re-rolled for the New Haven. These
orders have already been noted and spe-
officially, except q, 200 for the Boston Il
Maine, and there are negotiations for
about 10000 tons additional Bridge
orders have been small, aggregating only
$500 tons.
The orders placed for buildings have
also been unusually small, calling for
only about 1000 tons of steel.
Activity in car building continues. CON
tracts having been placed during the
week for between 5000 and 1000 cars not
including 1000 mining cars as well as
additional orders for steel underframes
while contracts are under negotiation
for about 10000 cars, 10000 of which.
if not more, probably will be placed dur
ing the balance of this months. Since
the first of July orders have been placed
for 10000 to 12,000 cars, making the to-
tai since the first of the year nearly
10000.
Orders for locomotives while still mod
crate are increasing, 1853 having been
placed within the last ten days.
Because of the larger orders for equip
ment there has been more demand for
plain structural material for car shops
and bridge shops, and the aggregate is
very heavy. There have been larger
orders for forgings and castings, aggre-
eating fully 10000 tons, including orders
for the Panama canal.
The Boston & Maine Railroad com
pany had placed orders for p 900 tons
of steel rails. The price paid for
these rails is said to be $2S per ton
| for the Bessemer rails, while a premium
Of 81 is charged for the open hearth rail.
a Baltimore dispatch states that the
Baltimore & Ohio Railroad company has
asked for bids on 5000 freight cars. 20
passenger cars and 60 locomotives. This
| inquiry involves an expenditure of be-
| tween S9,O00,0O0 and $10.000,000 1t is
| stated that the order for freight cars in
cludes 1000 steel-end coke cars. 1000
| drop-end gondala cars, 100 box cars, 800
ventilated box cars and 500 refrigerator
cars Of the latest design. The locomotive
order consists of 30 Atlantic type engines
and 80 consolidation freight engines.
\ New York dispatch states that most
of the steel mills are unable to make
! shipments under six to eight weeks and
many of them not for three months Pre-
miums of 81 to 81 per ton are being paid
| for prompt shipment, and even higher
prices for small lots to be shipped from
stock There is more active demand
| for billets and blooms inquiries aggre-
eating 10000 tons Contracts for rails
| have been placed for $4,000 tons of
heavy and light sections and $4,000 tons
or re-rolling rails.
| According to the fortnightly statement
of car surplusages and shortages by the
American Railway association, the total
/ Il In
| 2667 cars during the two weeks ended
| July Z. The total of idle cars now is
| 26027T. The surpmsage of coal cars
was smaller than reported thus far in
| 1909 Tra1fice gains were most pro-
nounced along the lines operating in New
| England and the middle Atlantic states,
extending throughout Ohio. Indiana.
Michigan end western Pennsylvania.
Small decreases in idle cars were also
shown in the south Atlantic and Gulf
states.
| 1t is understood that the new $1,T50.-
| 600 Westinghouse Storage Battery COM
pany will to a large extent be patent
! holding company. which. viii represent
| all of the developments and patents on
storage batteries that have been brought
| out after some years of experimenting
| at East Pittsburg Those in n position
10 know assert that the Westinghouse
! interests have been WORKING steadily ana
quietly on new form of storage battery
| for some time. it is claimed that with
the latest discoveries storage batteries
have become possible for the severest
commercial use and tests have been
made in mill locomotives and other forms
| Of heavy work which are said to be al
most startling. The new batteries are
| lighter and of vastly greater capacity
The YOUNGSTOWN Sheet and Tuhn conn
pany has bought 25.0O0 tons of Bessemer
iron from tIe Bessemer Pig Iron asso-
citation at $3.50. valley, an advance of.
p cents over the price paid a fortnight
ago. Deliveries begin at once and ex-
tend through September. The mini
mum prices are now $3.50. valley. or
S16.40, Pittshurg, and it is thought that
the market viii soon advance - cents
more.
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