The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1910-04-07

tbs NUSVVTIIVI0 III UTIIN ETIFN, WHICH UTC
long delayed ON Il. humber of products,
especially steel bars. Heavy specifica-
I tons are being received on bars. tubes.
tin plates, sheets and wire. Export trade
i'll rails continues good, and the general
outlook for domestic and foreign bust
ness is much more, encouraging than It
was a few weeks ago. Prospects for car
II locomotive buying are excellent. One
company has figures out ON over 10000
cars. The principal rail order placed the
last week was for the Southern railway.
for q tons. Rail business is salts
factory for the western and southern
mills. but shows little if any improve
ment in the east
The Iron Age sees things i'll this light:
while there has been one official eX-
preston from the car industries to the
effect that the extent of new business
has been exaggerated, definite inquiries
from the railroads are now pending in
numbers sufficient to give distinct en-
enlargement to plate and structural
mills. In january and February the va
rious steel companies shipped consider
ably more than they booked. In season.
able products, particularly wire and
wrought iron pipe. the movement has
been noticeably better. There are evil
dences that More pig iron has been
bought for the latter months of the year
iHdH IL COii1iIOliiH ulIUcISlOOu.
tural business continues active at the
rate OF 100000 tons Il month in the larg-
er sized contracts: but there is still
I sharp competition among frabricating
mills which has had its effect upon the
market for plain material
The Chicago, Milwaukee & St. Paul
railroad and its subsidiary. the Chicago,
Milwaukee x Puget Sound, have put
themselves among the leaders with re-
spect to big equipment orders by con-
tracing for a little over $7,500.000
worth of rolling stock. This is $4,000
900 mere than recent order of Onion
Pacific and Southern Pacific combined.
Their requirements call for about $50
locomotives, more than 400 passenger
cars and over 1000 freight cars. This
is the largest equipment order ever
placed by the Milwaukee.
The railroads. both directly and in
directly, are assuming Il more important
position i'll the steel trade. contracts hay
ing been placed last week for bridges
calling for about 1900 tons of shapes,
for $1,000 tons of rails and about 10000
tons of plain structural material, the
latter mainly for steel underframes for
cars to be constructed at railroad shops.
The most important prospective business,
! however. is for cars and locomotives; the
business in sight calling for nearly 800
600 tons of steel. outside of wheels and
aXles. With the distribution of the rail
contracts for the Southern railway, or
ders last week aggregated $4,000 tons.
and business is now under negotiation
for 10000 tons of heavy sections i'll the
east. for 10000 tons in the west and for
10000 to 10000 tons for export. The
Illinois Steel compan has booked addi-
t tional contracts for 10000 tons of heavy
section rails. including 2500 tons more
for the Hartman lines.
1t is understood that contracts for
cars have been virtually placed by the
Hartman interests. including 800 for
the Union and Southern Pacific and Il
little less than 5000 for the Burlington.
Other contracts for cars placed during
the week aggregated about 100. ELM
mating the Hartman contracts, inquiries
are now definitely in the market for
1858 cars, with about $4,000 addition
al in Il tentative state. Orders for loco
motives have been relatively small, only
about 40 during the week.
The contracts for fabricated steel
placed during the week have aggregated
about 25.000 tons. about half of which.
was for railroad bridges. Additional
contracts are pending for about 10000
tons, exclusive of about $4,000 tons for
extensions to steel works.
The United States Steel corporation
has allowed its option on 10000 tons
of Bessemer iron to expire and will not
be a buyer Of iron iii the market at this
time. but g likely to take additional iron
in the late spring or early summer
months. The belief is general that pig
iron prices are as low as they will go
and that an advance is now due.
1t is reported that bids will soon be
asked On $4,000 ions plates for Panama
shipment in the near future.
1t is understood that the Rock Island
for about 1000 freight cars, 70 locomo-
ives and 20 passenger cars.
The Bessemer & Lake Erie Railroad
ompany has placed an order with the
Carnegie Steel company for 114.000
steel ties. These steel ties have proved
very successful and look like a new steel
industry for all steel manufacturing con-
Germs.
All the Pittsburg steel companies re-
port new business increasing and the
dullness that marked the early part of
February as having passed entirely. One
of the larger pig iron dealers predicts
that with the close of March, more than
P-sOVOsoOO III liz ftB VI Z phS 49,
business will be provided for the fur
naces of the Mahoning and Shenango
valleys.
The American Car and Foundry com
pany has received the following orders:
One thousand freight cars from the 500
line, 1000 from the Chesapeake & Ohio,
80 from the Denver, Lorraine IL North
western, and 10 American Express cars.
The Standard Steel Car company has
received an order for 1000 freight cars
from the Chesapeake & Ohio, and the
Barney & Smith Car company % freight
cars from the Vera Cruz railway.
Some Truth in It.
Discussing the proposed laws against
scorching motorists, Raymond Hitch
cock. the actor, said:
sITt ic fimn tn ahacLr thaco, n Thnu