The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1909-06-29
WORK AHEAD FOR SIX
TO EIGHT MONTHS
Magic City Now Has Nine Open
Hearth Furnaces and Another Will
Be Blown in in Short Time-De-
mand for $4,000 Kegs of Spikes
and $4,000 Kegs of Bolts.

Conditions in the iron and steel trade
look more promising than they ever
did for the past year. according to the
! leading trade reviews of the country. |
| At the Gary plant and at South Chi /
cago. the two mills already have enough /
orders booked to keep them running |
for the next six to eight months at
| increased rate.
At the Gary mills nine open hearth
| furnaces are now in operation and
preparations are being made to blow
in another in a short time. From the
present outlook it is expected that the
billet mill will be in operation by the
end of August, and its product Will
supply any deficiency that may exist in
the supply required in the company's
mills
Gary Gets Part of 100000 Ton Order.
The final allotment of the Hartman
rail order. amounting to nearly 150,-
600 tons. was a notable feature of last
= weeks market Other rail orders re
ported bring the total for the week
very close to $4,000 tons. OF this a
: little more than 100000 tons will be
r rolled at Gary and at the south works
= mills Of the Illinois Steee1 company.
= This insures the operation of the south
= works mills at full capacity for the
+ remainder of the year and the running
g of the Gary mill at q faster gait than
= hitherto. It's output has recently been
= Increased from 1000 to 1900 tons a day,
:, and owing-to. the urgency Of the rail-
- roads for early delivery of rails or
o dered. it will likely be keyed up soon
n to fuller capacity. There is no lack OF
IS specifications in any of the finishing
It deDartments of the Illinois Steel COM
Is panv's mills, in some of which deliv-
IS erie sare now more or less retarded.
o The situation in pig iron is char.
" acterized by a firmer feeling, which nov
extends to all producers both north anC
3e south OF the iron included in las
IL weeks trading the greater part wen
as to northern furnaces. Several lots o
ne 600 tons or more are reported to hav
III been entered by local interests, one o
I'd whom sold 1000 tons of malleable Bes
or sener to a leading car wheel interest
he This is in addition to 5000 tons pur
as chased by this concern two weeks age
other Demands Grow.
IN In the distribution of around 10000
r. tons of rails placed by the Harrima
as lines last week, 1900 tons was sc
cured by the Steel corporation. the a.
lotment being as follows: Illinois Ste'
company 10000 tons: Carnegie Ste
company, 1900 TONS Tennessee Goa
Iron & Railroad company, $4,000 ton
Of the Illinois Steel company's allo
INR ment 10000 tons are open hearth, ar
M will be rolled at Gary. There was ais
III placed with the Illinois Steel compar
IT'S. 600 tons by the St Louis & Soutl
western railroad, together with 9TH
of orders from miscellaneous sourc
)el, amounting to 5000 tons. Orders We
DIN entered by the Lackawana Steel cor
the panv for 500 tons Of 60-pOund raj
get from the Sheboygan Light & Pow
ew company. and $500 tons by the Chicag
ere Minneapolis & Sault Ste. Marie
ere these purchases is added 1900 to
Tor. placed by western road with an cas-
en- ern mill. which has under considerati
dv an inquiry for 1900 tons from anoth
ven line. The demand for spikes and DO
one is very heavy. Within the first ST
ar teen days of this month the Illin'
wv Steel company booked 10000 kegs
r1,, spikes and 1900 kegs of bolts, viii
,ov, is considerable in excess of the caps
fner ity of the Joliet mills for a like peri
and These bookings have since been at
ino1 mented by the receipt Of orders
,on {, 900 kegs of spikes and 1000 kegs
80. bolts The mills are now sixty de
10 behind in deliveries on the latter. Lis
rails for the No , mill at the sol
works are coming in at the rate
900 tons a week, and prices are Fl
~ at the following quotations: Forty
C"o 45-pound sections. s26; 80 to 35-pol
~ sections, s26.75; is, 90 and 25-pol
huei sections s27; 12-pound sections.
sNed Chicago, less 80 cents a ton on lots
mem der 500 tons and 81 ton on lots o
30 Otons