The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1909-06-24
TRADE PAPERS ENTHUSE OVER
The IRON 8 STEEL SITUATION

A rapid pickup in the steel and al
lied industries is noted by The Iron
Age and The Iron Trade Review.
very gratifying increase in the steel
car business is shown. Large orders
have been received in this line by the
American Car and Foundry company.
which will locate a plant in Gary. and
the Standard Steel Car Co. which has
a plant in Hammond
The Iron Trade Review (Cleveland).
in this weeks issue, published today is
quite optimistic. 1t prints:
Mill activities continue to increase,
and with the exception of the danger
Of a strike, against the open shop pol
icy of the American Sheet and Tin
Plate Co, developments are favorable
A number OF additional orders for cars
have been placed. The rail and billet
division of one large interest has roll
ing orders SO far this month exceed
ing by more than q, 600 tons those of
the same period in May, and in this
tonnage the rail business was com
paratively light. showing that a good
record is being made in semi finished
steel.
Reports from England indicate that
there are large accommodations of coke
and pig iron and business in general
is poor. No important transactions are
reported in pig iron, although there is
a steady run of small orders, and prices
are we'll maintained. In the erection of
new buildings activity continues In
the Chicago district it is estimated that
projects involving 100000 tons are be-
ing figured.
The Philadelphia and Reading has or
dered $500 steel cars from the Stand
ard Steel Car company. the steel to be
furnished by the Carnegie Steel COM
pany; the Central of New Jersey has
ordered 500 steel gondolas from the
American Car and Foundry company
ana an order fer 1000 steel hoppers
will go to the STANDARD Steel car com
pany- Present plans of the Baltimore
and Ohio call for $500 freight cars. I'd
passenger coaches. and SO locomotives
but it is expected that the entire pur-
chase for this year will exceed 10, 00G
cars. The Great Northern is inquiring
for 1000 box cars.
Today's issue of the Iron Age (New
York; says:
The event Of the week has been the
allotment of the greater part of the
Hartman order for rails. of which a.
600 to so. 900 tons went to Chicago. To-
600 tons thereof to be open hearth
rails, 10000 tons went to the Tennes-
see company, and $4,000 tons for the
Mexican part of the system to the Car
negie company. The Colorado Fuel and
Iron company was awarded between
$4,000 and $4,000 tons.
The Tennessee company resumed
single turn al Ensler last week, having
booked 5000 tons for the Georgia Cen.
trail and $500 tons for the Seaboard
Among the other sales reported art
1880 tons for the St. louis and South
western. 5000 tons for the Wichita
Falls 5000 tons additional for tn,
Chicago and Alton, 5000 tons addition
al for the Erie 2.700 tons for the Lou
isiana & Arkansas, and 1900 tons 70
the Elgin. Joliet & Eastern.
There has been a good deal of ex
aggeration about purchases of cars
Among the cars recently placed hav
been 1000 for the New Jersey Contra
and 500 for the Reading road, wit
$500 pending for the Baltimore & Ohio
All the plates and shapes go to Pitts
burg mills.
"A moderate amount of fabricate
structural work has been awarded dur
ing the week, this including $500 ton
for the city hospital at San Francisco