New-York tribune., 1911-03-16
IRON AND STEEL CONDITIONS
The Iron Age" seys:

The Iron Age says:
our reports from the leading ion an, anu
steel centres this week refer 10 some tdil-
ing off in new orders for finished materials.
though mill operations are now on a ldiser
scale than in any month since Octooer
In the case of the United states Stse. tor
Corporation while no figures are given ioi
the new bookings since March !, II IS uri
derstood that the average IN most pLVVa
ucts is up 10 that OF FEBRUARY, VII,
counting the expected rail tonnage lroli
tho Hartman roads which would offset
i'm large part the Pennsylvania ana New
York Central contracts in February, tne
average OF the latter month "ouiu p0
canadian roads must place some good
sized rail orders with American or Btltsn
mills IL they are 10 get deliveries tLls 49,
The Canadian Pacific is inquiring Tor 79,Ny
tons In this country. Canadlan @ .ruitHs,r s,,t
&c reporteT 10 have bought sJ,TH TONS ou'
viii need a further amount. when cana
dian mills cannot supply; ,,,o,,,de
0no tons for the Chicago 81 NortnWeslIedL,nn ~
in addition 10 the recent contract ior 70'"VV
tons nal, r,oro ar
tic but the number of very low-priced
fabricating contracts Is still a disturplns
factor For the New YORK postollice d. ,aaI III
Pennsylvania terminal 600 tons ms Oh SO. Cor
is about 10 be awarded. and 300 tons i ior
the Masonic Temple in New York Inc
ZONES & Laughlin steel Company mas tne
steel contract for the new prison az w M
dale, ~ Y about SScI sons wsek lw9 amounting r%
70 . 7no tons. but railroad buying in genera
is not robust. -. ba,nad
nv the statistical reports OF March J. East
orn Pennsvlvania and Virginia furnaces
together showed a gain Of 5000 tons IN
untitled orders in FEBRUARY, ana net AZ ~
crease OF Jess than 700 IONS III SUN; S;t,aI /
West stocks showed a small decrease, ,ne
srs, @ in many months Volume Of foundry
iron sales is small, but furnaces are Sel-
ling advances OF 30 cents over the low
basis OF February. particularly Tor denE-
cries past the middle of the year AZ bi bui
fao sale Of 10000 tons OK pass & a,ia an Zoo
leable iron is reported win I9c' 10 80 ~
tons for implement WORKS eltnei ''O''" -
under negotiation.
The Iron Trade Review" says
4 rumor emanatng from Pttshurg ana
extensively published especially IN Easter II
territory, stated that from Zec,ooo 10 .,
100000 tons of Lake Superior IRON ore lii tdu
been sold at last years prices. Inc PuoI!-
cation was wholly an unWarranteu idoiI-
cation. but II caused some commotloh IN
the East ore prices for 1888 were no' an;
there is a strong sentiment in the trade
that interests OF both buyers ana sellers
will not be subserved by forcing OF action action
before the prospects Tor TINS year
This wear have been a few thousand IONS
Of resale ore. Owing TO the hrmer atu-
tude Of many pig iron sellers IN resafu u I, 10
nrices. buv.rs are placing orders very eau.
,innsly and few sales of more than loo
tons are reported. ,, =, ,.o
New bookings in finished lines by tne
>, ;Ils This month are not quite up 70 the
Fehruarv marx. but at the present inflow
of business and with the large active ton
mage pending, there is every reason 20 pc
lieve that the full month VIII make Nety
eatisfactory showing Rail business of the
week has included 1900 tons for the Pere
Marquette. an additional $3.50 tons for ire
CHICAGO & Northwestern and releases OF
:, oro IONS and / 700 tons on old contracts
by the Hartman and 500" lines. respect
iyelv. Wire makers have announced a iu, :
tbor advance of 10 cents hundred pounds
ON snacial GRADES of barhed wire.