The Birmingham age-herald., 1912-01-11
BUYING OF P|G IRON CONTINUES GOOD
Tennessee Company Sells
 15,000 Tons
RAIL ORDER HELD UP
Car Orders Placed Last Month Heavier Than Reported-Some Orders Placed Not Announced-F0r-
 eign Buying Increasing

1 Cleveland. O., January 10-- (special.)-
 The Iron Trade Review tomorrow will say.
 l Buying of pig iron continued ata very fair rate in the central west, and in some centers there is q tendency to hnrdening of prices. Tie Pittsburg steel company purchased 15e00 tons Of basic for Lar uary delivery, and it is understood that the price was considerably below SIP. valley. An Allegheny valley steel com pany has closed for 90O0 tons of basic for first half delivery. A AIassillon steel pipe concern is inquiring for 10000 tons of southern foundry for export. It is un- derstood the price was not lower than the equivalent to domestic consumers. The sale is of significance as showing the tendency toward more extensive sale of American pig iron abroad.
 Recently the Tennessee Coal, Iron and Railroad company sold 10.000 to 15,OOO tons of southern foundry grades for shipment tp Austria and at earliest dates fair sized lots of southern basic were sold abroad.
 The largest structural inaterial award of the week was 11,000 tons for the Mich igan Central depot, Detroit, awarded to the Jones X Laughln Steel company. Awards in western territory amounting to II, ,95G tons of which 9100 will be used for two smelters to be erected by the Kansas City Structural Steel company.
 The burning of the Equitable Life build ing in New York will probably revive the project for the erection of magnificent structure on that site. About three years ago plans for a 40 story building, requiring q nfo ofa uafn 1a- htrf contract was never placed It is expected that bids will soon be asked for the Union railroad station at Cincinnati. The contract for 1000 tons for the Dime Saw
 ngs Bank building, Detroit, will probably be placed in a few days.
 The placing of tine Pennsylvania rail road order has been delayed because spec
 ticatons have not been agreed upon. A meeting was held Wednesday in Philadel- phia of representatives, of the railroad and mills to consider specifications, and 1t is expected that the o1tler will be placed shortly. The Pennsylvania order will probably be 150,0O0 toIss and that of the New York Central 1S0l0o. Pennsylvania lines west have ordered 1000 box, hopper and gondoa cars, divided among the Cambria Steel company, the Pressed Steel Car company, Standard Steel Car com pany and American Car and Foundry company. 1t has developed that car orders placed in December were considerably heavier than reported at that time, and there is a suppositfon that some orders recently placed have not been announced
 Through the purchase of the plant of the Baltimore Bridge company, Baltimore, and the establishment of a large ware house, the United states Steel corpora ton will have increased facilities for it's export market. The Baltimore warehouse will be an assembly point for export ship mentS. A Cleveland representative of the Ager- man Rolling mill has been authorized to make a three year contract with Amer ican firms for 5000 tons of steel in ingot form. Foreign consumers seem to be im- pressed by the very low prices on various products that are now prevailing in the United States. ~