The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-12-10
FRANCE now EAGERLY
SEEKING STEEL HERE
No Further Pretencc Of lnde-
pendent Supply-Rush In
Pig Iron.

ton TO cayi, about prices or to represent
that France has an Independent and
amply supply. II Ia evident that the
entire world IL coming to this country
for steel and the supply Is entirely In
adequate consequently prices continue
10 rise almost daily. Excitement has
developed IN raw material, especially
w pig iron, In the last few days. The
steel trade In to be commended for its
GOODNESS and for the matter OF fact way
IN which the extraordinary conditions
are being met. according to competent
authorities. Inquiries from France III
the last few days cover from 100000 to
$50, 900 tons of round steel bars running
from SO 10 100 millimeters In diameter.
Deliveries would be accepted any time
during the year 1915. but shipments are
wanted as early as possible.
Export demand from other countries
10 AZ urgent az that emanating from
France. but buyers are a little more
successful in securing material. NILS,
however. are In better position to accept
contracts for finished and semi-inished
steel to be used In the industries rather
than the forms designed specially for the
manufacture Of war munitions. Some
additional and important sales OF sheets,
tin plate and pig iron have been made
for foreign shipment, but inquiries are
much more voluminous and of much
heavier tonnage than can be acccmino-
dated in the near future. Great Britain
wants so. 600 boxes of tin plate Norway.
Sweden and Denmark would take $4,000
70 10000 boxes him has already Sc
cured 100000 boxes n wants more.
Further carload lots OF rivets have been
sent to India and China. italy mas
taken 1000 tons more OF bessemer pig
iron. The demand for plates and wire
from Great Britain. France. Italy
Russia continues exceptionally heavy
but almost no wire is available now for
either foreign or domestic shipment
thai Is. any appreciable tonnage.
Excitement was running high In the
zig iron trade yesterday. Consumers
IN the Eastern territory were iinporto-
nate to place contracts for delivery over
the last half of next year. and con-
tracts amounting to $4,000 o were
actually closed for delivery to con-
sumers In central and western New
York. shipments TO be made during the
second quarter. third quarter and last
half Of 1915. The International steam
Pump Company also closed additional
contracts, calling for about 5000 tons
for delivery at Holyoke and East Cam
bridge plants. making total purchases
to date about II 600 tons. This In
cludes 1900 tons Of Virginia iron. Most
Of the pdfchases were made from North
ern furnaces. Apparently $3.50 for
No. tx foundry is now the minimum
price In eastern Pennsylvania and at
Buffalo. Sales were made on this basis
yesterday. Some Of the furnaces at
Buffalo. however. are holding FOR $40
for delivery during the first half OF
next year.
According TO Pittsburg reports. steel
companies have closed contracts for
hessemer and basic iron aggregattnE
500, 900 tons for shipment over two
10 four ye.rs. Prices are to ne estab-
lshed at the market as determined
later. In addition, sales at Pittsburg
have amounted to about 10000 tons in
the last few days, including 5000 tons
Of foundry grades at SIS at valley fur
mace for shipments over the next few
months. Sales OF 1000 tons of besse-
mer have been made for export to Italy
n January and February ut prices
ranging from sl7.ss 70 $3.50 at the
furnace. and one offer u $40 has been
made for several thousand tons to be
exported in January. Several additional
sales nave been made In the Chicago
territory. where a heavy demsnd for
charcoal is noted as well as a call for
coke iron, Low PHOSPHORUS on LAX
Michigan has advanced TO s3s per ton.
Steel plants continue to make prepa-
rations to increase capacity In all Sec
tons. The Inland Steel Company has
divided contracts for 1000 tons of
fabricated structural steel for open
hearth buildings between the kenwood
Bridge Company and the Morava Con-
struction Company.
The Missouri. Kansas and Texas
Railway has placed a contract for 5000
steel car underframes with the Com
monwealtn Steel Company. Tho Chicago
and Great Western Is to buy 100 box
cars. The Illinois Central has ordered
40 dump cars from the Western Wheel
Company. The Grand Trunk Ii In the
market for 1,500 freight cars. The Cen
trail Railway of Georgia has ordered
\ combination baggage and express
cars from the Pullman Company. Will:
the Pittsburg Railways Company ha.
ordered 1870 steel cars. including Il
motor. cars, from the Cincinnati Ca.
Company. so trailer cars from the ST
Louis Car Company and so interurbai
oArs from the j.. G. Brill Company.
Tho 81. Louis and San Francisco Rail
road has placed a contract for $1,000
tons OF standard section rails with the
Tennessee Coal. Iron n Railroad Com
Dauy and the Nickel Plate $500 tons Will
he Illinois Steel Company. Miscellane
Gus orders placed at Chicago amoun'
20 about 5000 ions. and 10000 tons sd
dltional will be- rolled for Russia Il
steamships are available for shipments
Rail mills At Pittsbuig report thell
rolling schedules complete for tho hrs
half OF 1915.
II Is an Interesting fact aud one wicl
should he noted to clear away false i'm
pressions that both the blast furnace!
making pig iron and the open earth fur
naces and bessener convcrters maxim;
steel produced metal AT a greater aver
age daily rate In November than In Oc
.ober. The fact that the October tota
tonnage was greater han that of No
vember was only because Of one NOR,
day In October than In November.
Company has been awarded the cOntrsc
for 1000 tons Of fabricated structural
steel TO he used in the construction o
The Chamber OF Commerce building a
Pittsburg.
n vas rcportcd yesterday afternoon
that the contract for $500 tons of cas-
iron sesrnents 70 be used In the con
~struction of the tunnel under the Ia
Rivnr--included in section 3 route f:
.ub,vay system. for which Bcoth
Flynn submitted tina lowest tendor@ha
be~n divided among three fouBdsr'
AH "a