The Birmingham age-herald., 1912-09-26
GREATER STRENGTH IN P|G IRON MARKET Advances in Prices Do Not
 Deter Buying MANY HEAVY ORDERS Sales of Bars for Next Year Have Gone on at a Prodigious Rate.
 S00,0OO Tons of Rails
 Are Booked
MANY HEAVY ORDERS

Cleveland, September 5.-(Special )- The Iron Trade Review tomorrow will say:
 ''The pig iron marget has developed still greater strength. Advancing quotations do not more than temporarily defer buy ing and further heavier tonnages have been placed on order books, especially in Buffalo and Pittsburg markets Inquiry for first quarter basis in Pittsburg dis tricts amounts to fully 10000 tons and about 40,0O0 tons Bessemer for delivery ness. Sale of 10000 tons prompt basis to a Youngstown consumer was made al S15.25 valley, which was an advance of 75 cents above market of last week. Sim liar tonnage of Bessemer was sold at SIG valley, an advance of bo cents above highest duotations of the year. Fabricat- ing prices of structural material are now higher than for several years.
 Awards of the past week included 10, ,6sS tons for various projects placed at Chi cago, and 5000 tons for New Arlington hotel, Washington, to be furnished by American Bridge company. It is now off cialy announced that American Bridge COIupduy VIII ldDTlCdIe 5O,UVU IDnS lOF Equitable building in New York.
 "The Coke market Is very strong Two large eastern consumers have closed with Connellsville operators for first half re- quirements, aggregating 5O,000 tons or more of furnace coke monthly at s2.50, ovens.
 Heavy inquiry for pig iron for export continues to come to southern makers, but no additional sales are reported The Steel corporation will furnish 5000 tons cotton ties for export to India on regu- lar contracts and about POGO tons bridge work for shipment to Mexico.
 "The condition of order books of rail makers are in striking contract with that at this time last year. when practically no tonnage for this year had been entered. Rail makers now have upon their books for next years delivery about S00 GOO tons Railroads are showing their eagerness to cover early for their requirements and prepare for great activity expected next year.
 New York. September 25-(Special.) The Iron Age will say tomorrow:
 Sharp advances in Bessemer and basic pig iron have come in the past few days with the development of strong situation in both.
 Sales of basic iron have amounted to about I5,000 tons, largely at $l4.fo and $15 at valley furnace.
 Bessemer iron has sold at SIG at valley furnace for first quarter to the extent of 25,000 tons and sellers ask that price for delivery this year also.
 In foundry iron while buying has fallen off in eastern markets, Buffalo reports sales of 75,000 tons of basic, malleable and foundry irons.
 Prices there have advanced further.
 The whole pig iron situation is stronger. producers are finding in- creasing indications of a sellers mar ket in southern iron the recent min imum prices are disappearing and the tendency is still upward.
 It is estimated that fully 500, 900 tons of rails have been booked for next year, this amount including 150,000 tons for the New York Central
 Car works are far behind on orders and have been pressing for deliveries of steel.
 Sales of bars for next year have gone on at prodigous rate agricul- tural implement makers find indtca- tions that the demand for their pro ducts will be beyond precedent.