The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1912-01-08

and the date of resumption is indie hnite.
There is a possibility that the mills
might remain quiet for the better part
of month. owing some extensive
improvements which are being made
but should some of the expected rail
tonnages materialize, operations would
be resumed earlier.
All steel products are firm at the
market and consumers are placing ord
ers covering the full first quarter AMI
as much of the second as they can at
current. prices.
Rail Outlook Is Good.
Output of the United States Steel Cor
poration has shown a steady tendency
to increase. and within a few GAYS IT
| is expected that all of the workable
furnaces in the Pittsburg district will
be in operation. Having ended the old
| year running about IS per cent of ca
lpacity. it is believed that 90 per cent
will be the rate of output within a
F.; short time.
Some of the companies in the East,
i however, are not operating nearly
/ so good a schedule. running at only
about so to go per cent of capacity. In
the Pittsburg district the mills are
Operating on very satisfactory sched-
Julie. with heavy tonnage for delivery
over the first half of the year.
/ In the western district nothing def
mite has been done in the way of rail
contracts, though 1t was reported dur
ling the week that the Great Northern
had placed an order for $4,000 tons, d.
Ivided among the Steel corporation. the
lLackawanna and the Cambria Steel
lcompanies. Estimates of the New York
Central and Pennsylvania Railroad rail
orders are NOT so high as those current
earlier, the former being now put al
100. 900 tons and the latter al $4,000
tons. The Tennessee company has the
Southern Railways order for 22.0o1
: tons. The Canadian Pacific is in this
market for 800 tons.
} Car buying Increases.
! In the car departments steel mel
J look for more good buying from tn;
T railroads. though the bulk of this de
mand. 1t Is probable mas been seen al
ready. Bids have gone in on freigh
ears for the Pennsy lvania Lines, bot
: East and West. the inquiries for which
call for between 5000 and 1900 cars
The Western Maryland is preparing
specifications on about $500 cars blu
builders do not expect formal inquire
n for them this month.
q with respect to plates. structural
: and bars. the mills enter the new yea
h lin splendid shape, while track fasten
iings, including the plates, angle bars
e special joints spikes, bolts, etc. also ar
: in good condition.
In fabricated steel the market is noy
) lonly fair, although a year orstwo age
y say the markers, the present deman
: would have been considered very gooe
There has been some Improvement i
prices in this department, though tn
Ilevel still is not favorable to the mill
/. For this reason. largely. the leading in
tterest is not taking q great part of tn
tonnage let
Gary bridge PLANT O. X.
/. The American Bridge Company. how
: ever. is stated to be well fixed for bus
: ness with enough on its books to SUP
: ply Il for several months ahead. TIL
). only western contract reported TIL
= week is one for las tons for a Chicag
: fire engine house. which goes to tn
George + Tanhenheimer company.
= In the eastern structural market ii
+ volume of business is maintained bo:
g in buildings and bridges In the Ne
! York district $1,000 tons have bee
Ia closed in addition to the 10000 tons fl
bridge and viaduct approaches of Ne
>. York Connecting Railroad. Bids hay
!, been opened on 1000 tons for the Mich
~ gan Central depot at Detroit, but tt
d contract has awaited that for 5000 OF
,esI for train sheds.
ly The Chicago, curling ton and Quint
~ Railroad Company has placed brids
order requiring l. 600 tons of fabricatt
SO shapes with the American Bridge Con
o. pany, mad the Grand Trunk is abol
Sd to make awards on 5000 tons of ste
shapes for bridges on the Southern Ne
~ England Railroad. bids for which We
in several days ago, as previously note