New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-03-09
IRON TRADE CONDITIONS.

THE Iron Axe" SAYS. Soms hesitancy
las been noticed in iron and steel arHels
H. tile past week attribntaolf 10 ponies
devslopnents and il has helped 20 en- =
yha size the cOnserVa tiSm Wnlch DltSIs
are showing H. al lines But leading steel
manufacturers consider that the pro
grarnrnc for 1he extra session or congress
LIMITING tariff action 10 TWO schedules, Is
not one that should cause more than =
temporary malt. and they are ncJ uneas
Pig iron production increased sleaqHs III
Fekruary. The total OF coke and an
thracite iron Ter the twenty-eight DAYS
,vss -e4-0q tons ~ 1890 tons \ daJ,
against $3.50 tons a day ~ January
gain II f2 Der cent. The number % active
s.ee. works furnaces increased by II ~
tie month while there was p net los pl
one In active merchant furnaces. ne
daily capa if- OF the 30 furnaces IN Dlss :
March Z vas $780, tons. against o'ooo
r1u. a dav for 700 furnace February ].
Production TODAY. including charcoal IRON.
+ r. the To Of 24.45o00o tons year,
against -ate u - gvo'oVO IONS q a.
February I and 100000 tons ~ the Low
point ~ rle beginning OF the year. Inc
hiel rate vi 1910 was 3i,6'Ooyo tons N
~. United states steel Corporation has
blown i1 one New Castle. one bnsley ah9
one Clarion furnace since March J. ana
when ono more furnace 81 the fl,DspDI1
district rs blown 10 this week VIII nave
~ rer cent " capacity against 49, per
cent Januarv 4 It, stocks have Deen
cfIt Down 10 Jos 600 tons its northern
turrece. The scale of The Steel Corpors-
fior'~ operations is plainly 30 closer reis-
ion 10 that " independent steel companies
tfar VS. The case two ind three months
ago with prices better maintained N II
sfrarenr.v getting a larger share ~ tho
b-.1iress IL heavy foreign shipments arr
elsc q factor. IL rails a iIgVo-ton puI
c4s-4. To 0e closed this week BY the ferS
Marquette Is the chief stem. Inc Nlckei
t6I5+b Chicago and Buffalo. Tie Manila
T2.ilr5sc has bought 10000 tons from ihe
Tscl-awanna steel Company. The s1i1-Hl'
',,r -ifioa oil Canadian mills makes u GER
IN ma CANADIAN railroads win place
l---ets.rsrie orders iu This country. The
Tana1,an Pacirc viii want -ooUV ions
r.cro. and the Canadian northern ~ Ftl
~ ,,- The Stec. Corporation decided liis
80 +-,- NO mere wooden ties VIII bc
Eo,-e-i,, Tor renewal on its $500 mics ~
~. n,,ade Us Besserler railroad has placed
a GOOD sized order Tor sleel ueS'
.rrse Iron Trade Review SAYS
While IN some sections ne pig ron MAJ
8. ,of Mute so active. there Is an lncfcrds
- 81 ..,denov toward higher prices. ! ll,
H. dine In part ~ least 70 the laes va va
,,ygali,ared t0Luages or hisA prlttl IT.,
have been reduced atiu 9-,t -. 49,. -, IN
low rrices and at the came 'line KEEP Nv
tbsir .verag- IT, ANYTHING IKE 4 shtl9-
FaC.o-,- Ggure IN tne Philadelphia CTS
trict from 1900 20 -ipH louS o. 49,.
seNr AID for second and third quarters Ar
SG'-- d.lfve-cd The International ttdF-
,-a.ts~ company has OouShl -1V' loilS vi
forrdrv and ma'iesole grades ar bulalv,
- s.--ra congress iorai session Is
loI5 ,nn.iderable DISCUSSION in the buzz
ress world II IS weli estaa,isled "a, IL
WI ~ tivs nrograinme i- understood
lhs ~. Feen generally outlined and ne
~ LotiS,,ies are flAt the tariff revision Wi!
h. cenfned 10 d moderate resadJlsIIneent .,
~ vyoollen ana Gotten scneoN4ts ana 'i.at
tiiT MD..ltar reciprocity bill VIII b. en-
ne Domestic rail business con''""Ns 10
develop