The sun., 1915-03-18
THE STEEL MARKET.

EXPORT business in s;ee. continued ac-
tiye Yesterday The United states Steel
Carf,ora. through the Export com
pany. took an order for 10000 tons OF
portable track and 5000 tons OF girder
rails ft- France Demand FOR wire ana
shrarre' steei is large. Domestic de-
mand for steel products has shown no
change The American Sheet and Wire
company advanced It's quotation on gall
v4n.zed wire tNo dollar. ton tialvan-
zed wire and galvanized barb ~.re are
now quoted At 81 80 per 100 pounds and
s220 per 100 pounds respectively
The Prudential Oi. Company has pur-
chased 200 tank cars. Chesapeake and
Onto Is reported 20 be In the market
FOR 20 locomotives.
Tho Iron Age says:
While March thus far has put new
business on the books of mos, steel COM
rarIes 4, A somewhat less rate than that
q Febfua-y. the scale Of mill operations
has been encouraging For the whole IN
dustry % Is around 50 per cent. and for
par - last week the steel Corporations
steel irgot OUTPUT got above 80 per cent.
ON certain products : . evident tnat
ne buying since no i-st ., the year
was 90 CONT. .t.s.tion f1r N" rem7rka Ole
s.ierat.ur ir the closing months OF 1914.
bgt o. where there are Indications OF
.et.yity u 4 broader and more hopefu.
character. This : rot.cea Die In con-
s'ructIo or Ines and IN the unusual bus.-
ness on nard a; shipyaris.
Trade due - 'r4 war Is inc -eas'rg.
r-i some Of the European Governments
% t--.r n. .go.iations here appear 20 be
looking months ahead. France must get
r-uca 90 her steel f-om The United states
Tho S'ee. Corporation has just sold The
French Cove rrnen. o00 tons ~ giri.r
rai> 5000 tons q sixteen pound rails
s1r portable sacks and 900 tons of
steel ties Barb VIZ. has been sold IN
re pas, week ~ considerable .ots for eI-
port and NEGOTIATIONS are under way
fo- $4,000 IONS of shrapne! steel 'or one
Government
The signs o, rev. buying In view OF
t1e approach of tho open season are
uo' numerous bu, structural work is
growing and the implement works are
making larger demands upon oar nills
IN ts- past week the Cleveland and Ohio
bridge AZ sc.otovtlie. Ohio. 1900 tons.
has been awarded 20 the M-Cl.ntic- Mar
shall CO. s.-uct,on Company af;er long
delay FOR financing Ssw structural
contracts igure back 20 Zee, P,.,sou.g
and .owsr
"rt- B-'tgs Bu,lde~ ana strvctursl
Soc ely rero'.s ;hs: business taken IN
l.. b.la'v a n I0'@d 20 0 per csr, of tre
ro4.try's capacity ana the has been
be average C, 'Ne months since July
Lake shipou.lt.ng Is bringing much
needed business 20 me plate mills
P.itsSu-g has closed one con.ran- for
I 800 IONS and 10000 tons FOR other lake
boats is pending For Japan 500 tons
hss been addet 20 The 900 tons o..
plates plSced 49, week Al Chicago ire
price compar-g stv0raoly WIN -ha: on
domestic tu~. ress
The railroads have sgured In a snaH
wa n the new ovying O. -he ~eeh
The Ruri'rF-ol as ADDED 6 800 tons 20
"a rai. o-de-. and ne Maine Cen,rAl
contract .or 200 tons NAs gore 20 .he
P-ursylva-'a S.e.' Company TIE San a
F'e haIs rouEN' 900 as and .he Bu-,.7g-
tor Hfty loco motives Pending locor7o-
tlve !rc-s!-ler are - -'y-Hve"
Tn. i-o- T-ot. Re- rsr says. Tire
T1enfogs as .he demands have beer .or
va- Tnsterts's to- eNpc-- re outlook =
'Na; even greater orders ~ oe p'ac. 4
n MS country.
a large s'N~l company is aN-o'lt 20
close a Ta- cor.-ac. wh'>-. - ne
amount of r-o--y .-volved. IS more r.
Do-;an. thar a-y similar contract p'scet
s!-cA re war vas declared TA@ con-
psry hss co-u ple-ed plars tor 'a-ge addl-
sons 70 90 caDact-y % ~ ready ,or OF .
e-a.i-E within re.y davs sS-e- booking
- --e co~t-a~,
"-'-.~'-v domestic h-i=i-ese 90 e--
'.-s,r sa' s'a-'orv hu. Ma r-,-r Sos
- record re largest tonnage 80 s.-'ic-
'l-a. contracts entered l4-~r art-
month s.r-e last S-o.e7lbe- P.g ron
continues 20 drag