New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-02-10
IRON TRADE CONDITIONS.

ne iron age Sd
Returns from the blast furnace compa-
MES show 4 slight falling off in January
from the pig iron production OF December,
or from 2,635.sS0 gross tons Of coke and
works furnaces old q little better in Jan
uar5-. advancing from 81. 158 tons a day in
December 10 0I.-s9 tons. The merchant tur-
Iace product fell off over 900 tons II day,
or from 1854 tons in December to 26-94S
tons last month Capacity active febTuary
J was 56S,5l2 tons week, against 595,2l6
tons d week January !. a decrease Of S,7e4
sons. The number Of furnaces in blast IL
UNCHANGED 1t 3lS The United States Steel
Corporation Is negotiating with the BeSse-
uIer Pig Iron Association for a round ton
mage Of Bessemer iron for delivery IN
March, April and May. Such d purchase
would have Z bcnenclal erect upon the
dropping market for steel making iron.
In general, the Dig iron market mas set
tied further into dulness IN the last week
The chief activity has been in Virginia
iron Chicago reports that buying OF mai
Lee HE pie iron which amounted in Jan
- ~ = no n 7oo 90 tons har aho11t r-lu
its course. Structural trade continues to
show we'll distributed activity. Large mum
bers Of buildings OF moderate size are gong
UP. Prices Of structural shapes nave Yield
60 somewhat, large orders having been
taken At $50 cents 1t PlttsburS AgricuItural
machinery works arc turning our an I'M
rrecedented volume OF pToGuct, ana the
the mills are being pressed Tor DELIVERIES
OF every form OF material entering into
AGRICULTURE Eastern plate mills are inter
eSted in an inquiry for three steel steam
ers for the Gulf trade
The Iron Trade ReNicV says.
The pig iron market has continued duh.
End in finished lines there is some dlminU-
lion in specf6cations. i considerable num-
Ter Of small orders for manufactured prod
liCts has been received. but the total ton
mage is small Foreign business continues
good and English prices arc advancing
Tho United states Steel Corporation IS III
-7f market for q round tonnage OF Bes-
eer7er Tlz iron for the next three months
deliver Bessemer continues f1rnl at $l9'
and there is no change in the basic sltua-
ZION car orders placed last week amount
81 "a 200 or S995 and pending car oToerS
artoI5r.f 10 = bout 25.eg3 The Southern Etall-
road IS IN the market for 500 cars OF Va
ri0us descriptions 1865, -, ,-,
owing 70 the low price. which ha5 peen
made on Virginia iron. which IN some cases
RS been Is low as 81 . at the furnace
f9cre has been considerable movement OF
SION M that state 10 New England. J ne
l-ea,-feet single buyer for foundry IRON our
ing the last week was the General Electric
,-6777Dallv which purchased lo.GJ IONS OF
ere~faT aualysiz- The purchase ot d cor
gi5e-shlc tonnage Of basic in 81. Louis Is
s,,.1eted soon Pig iron in the South SHOWS
come frTeg1iartty. and some iGlhtcsss ~ -
G1a+e ~ Tennessee are selling ~ 90 = LOT
= - I5sr,.5fr7efl;.-1 The decided weakness
-'r,i-I Tec4rrlv developed IN The coke ma
Il, IA resulted in prompt acton OF llie
20 ,1rn4,Icerg u ccrtailing production a
-. ms s-;-itv Of tic ConnelSFlne cpNipe-
10 a-e operating only I'VE Gays Q Ntsh.
- - fe e5-pected that operations - lIiaLI.
,,l..,es viii he curtaiied 70 four oaJ2 ny
33z-eel1 Prices are still SOFT p1l II 10 ~, ~
iir,-e1 FRAT tie downward tsHde"c| mas
,.'rr