New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-09
BRIEF NOTES OF FINANCE
paragraphs Of Current Interest
for the investor.

go. from Michigan city. lnd'' state
M ror6 4 Johnson Company, winch
bal vs." bankruptcy last April. has been
sem ~. ,,eso00 at The receivers sale to
%" : wehmer, OF Cincinnati. This com
Hsn' vas large manufacturer OF iurni-
fan| Nd had nominal assets of a'ooO'"".
r'e ,'raSiptie, amount to approximately
u o with about forty-iiVe banks in
Fac, being bondholdeis
,Iysnia Sugar Company Output.
,,sosteh from Philadelphia states
W. pennsylvania Sugar Company
''' .ocrsased it's daily output by 100
"a i,ce last July It's present output
49, ',, barrels a day This refinery was
tdolph Segal about ten years
'." 49,, started operations little over
~ The company paid about SOC
lt'' - IN raw sugar at the Philadel-
q" - ~. in 1912, and il is stated that it
VS. rompetng successfully against many
,be larger concerns.
Iron and Steel Reviews.
,s.ue TO be published to-day. The
do Review" has the following:
w -. syst week Of the new year was
ao,erized BY a continuance Of the IA
.h,o conditions which made the old
ooe OF great prosperity. Eastern
.,.I,ania mills. which during the last
We ~ the year sold large tonnages at
.s.r,i,,rn prices. are finding no difficulty
no.inr new contracts az similar quo
.,ors The last yeaf was the greatest
,be history Of the American iron trade
.ho nrooucton Of pig iron. and Deem
u, had the largest output Of any month.
-. .o,al production of coke and anthra-
a.. r,e iron for 1912 was 2s.22j5l3 tons. a
"a, ~ s1o69l9 tons over 1911, and >, $50 lo9
-, roora than the previous record. made
=. 900 Production for December was
- po2 tons. or 92.647 tons more than the
...c,o,,s record. made in October last year
-.,,-.r,s for the two large buildings 10
!. huilt bv the Field estate. at Chicago.
...h reouiring about 100 tons OF steel,
have beeh awarded, one going 10 the
american Bridge Company ana the other
"a the Marava Construction Company.
Tho Calumet Bridge Chicago. calling for
30 tons. has been awarded TO the Penn
.vlyania Steel Company
The advance proof OF The Iron Age
contains this paragraph:
The astonishing rate Of pig iron and
steel production is the uppermost feature
IN the industry al = time when new buy
Ing shows some slsckenins. our blast
A,rnace statistics for December snow an
ortpl, Of 2.7S2. 80 tons. OF s9,166 tons day.
AGAINST $50 S54 tons, or $3.50 tons a day
in November The steel works furnaces
,,ntrlbuted nearly 100 tons day TO the
increase and the merchant furnaces more
than 100 tons day
Besides the restoring 10 the active list
Of eight Pittsburgh district furnaces that
we're idle December ]. because Of the
,rsinmen's strike there was a net Gain
Of four active furnaces IN December. and
The daily capacity of the 294 furnaces in
dast January ! was 90,79l tons a day.
against $3.50 tons a day for 2S2 furnaces
one month previous
This means that. with an allowance OF
Faoo tons a year fOr the charcoal fur
asccs. our pig iron production January ]
vas al the remarkable rate OF $4,000
lons d year. with steel ineot production
q, tie rate Of 100000 tons a year. Mild
weather has greatly aided the blast fur
aaces, bat apart from this temporary
actor the pace is one that inevitably
raises the question how long consampuoh
viii maintain H."