The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1912-03-08
TRAOESMAN'
WEEKLY REVIEW
NEW INDUSTRIES FORMED IN
pIxlELAND DURING THE PAST
WEEK.

Chattanooga, Tenn, March There
are high expectations among the
southern manufacturers OF pig iron.
according to The Tradesman, that the
present month will see considerable
activity in the iron trade. It 10 be-
lieved there will be more than during
either January or February and that
some orders Will be booked for de-
livery during the third and fourth
quarters Of the year. The statement
is made by more than one firm that
the pig iron quotations are around
$1,000 per ton, No. foundry, but re-
ports are common that sales have been
made on basis Of $10.25 per ton. The
iron production in the south is not to
be increased any in the near future,
but that It can be done on very short
notice has been announced heretofore.
There are three or four blast iron
furnaces in shape for the torch while
repairing is going on In various parts
of the territory. All orders that may
come in now or in the future will re-
ceive every attention and just as
prompt as are the deliveries right now
the manufacturers are confident Of the
future the accumulated stocks of iron
being sufficient to meet any and all
needs. There is a steady reduction
OF the accumulated stocks the further
down they go the stronger the iron
market is the way some OF the manu-
facturers put it. The inventory taken
this week shows that the accumulated
stocks Of iron are once again getting
near the bottom. With a steady in
road and no further production, the
condition will be ideal so far as ac-
cumulated stocks go.
But little iron has been going for ex-
N RnftinR
ship room has been felt while other
difficulties have presented themselves.
With the quotations above $10.25 per
ton, No. foundry, the statement is
made that the price at which the iron
is placed across the waters is little
high for the competition there found.
The great melt of pig iron is with
the cast iron pipe makers and it Is
announced that orders on hand or in
sight will warrant a steady operation
of plants and an increase in the pro-
duction, which promises to be estab-
lished within the next feew weeks.
There is cast iron pipe being used not
only throughout the. south but else
where and inquiries in hand indicate
there is going to be a need for a. large
quantity of the product.
Brass foundry1ner are enjoying a lit
tie spell of prosperity. local furnaces
not only sending in orders for tuyers,
Jackets. cooling plates etc, but north
ern concerns placing contracts in this
section. One of the southern foundry
men is now working on an order for
$1,000 pounds of bronze furnace parts.
the shipments to be made within the
nsxt sixty days to a Wisconsin furnace
plant.
The charcoal iron market continues
as ii has been for several months. the
price for the product above s22 per
ton The foundry and machine shop
new month The scrap iron market
shows q little Improvement.
Other lines are showing an i'm
krovement and price are expected to
hold up notwithstanding the adverse
conditions which may arise.
The list of new industries as re-
ported by The Tradesman this week
are as follows.
Alabama.
Birmingham-s3.o 900 bottling works.
Decatur-Saw mill.
Georgiana-s25,o0 600 hank.
neutrality-suspicious. manufacturers
of ash pans
Moutain Creek-slo, 900 mine.
Mobile-s15,000 lumber company;
$4,000 lumber company.
Opp-s25.o00 fertilizer plant.
Arkansas.
Blytheville $4,000 construction
company.
Cotter-s10,0oe manufacturing plant.
Sheridan-s20. 900 bank
Florida.
Jacksonville-S25,o 900 manufacturers
Of lumber, shingles, etc
Punta Gorda-sI5.0 900 bank
Georgia.
Athenes5o.ooo bank.
Columbus-s5, 600 creamery.
DUb1in-s25. 900 chemical company,
DawSop-Rottlipp works