The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-10-29
GREAT SALE OF TRACK
STEEL TO RAILROADS
Other Lines Place Big Orders
After Baltimore and Ohio
Takes 5000 Tons.

Railroad car builders ARE understood
TO have closed contracts for approxi-
mately gao. 900 tons Of steel bars, plates.
shapes n axles, about 10000 tons to be
rolled at Chicago n a little moro
than 10000 tons In The Pittsburg dis
trict. The balance will be furnished by
eastern Pennsylvania and Ohio mills.
Fully as much onnag for car building
IL still pending. Deliveries will extend
over the first half II next year. II Is
understood that a portion Of this ton
nag is to be utilized In the construc-
ton Of $500 cars for the Russian Gov
eminent. contract for which finally has
been closed with tho Pressed steel Car
Company.
Tho Boston and Maine Railroad Is
understood to have closed contracts for
$4,000 o n Of standard section rails with
the Lackawama ind Maryland Steel
companies. The Buffalo mill will also
probably roll 10000 ton Of rails for
1916 shipment for the Maine Central
Railroad. The Missouri. Kansas and
Texas has placed an order for about
5000 IONS and the Chesapeake and Ohio
for 5000 tons with Chicago mills. The
Lorasn Steel Company has taken addi-
tional contracts for about 1000 tons Of
light sections for industrial roads.
Following the purchase Of 5000 tons OF
track fasteners by the Baltimore and
Ohio, previously noted. the Wabash and
the Chicago and Eastern Illinois COM
papies have purchased several thousand
tons from Chicago mills. The Chicago.
Burlington and Quincy Is still negoti-
ating for 5000 tons Of tie plates. The
p.fI-- t. ~,., ~
TO have secured the contract for 1000
tons Of bridge work for the Boston and
Maine Railroad. The New Haven has
taken bids on a few small bridge spans
and Is expected to ask for tenders ON
the Thames River bridge In the near
| future. calling for about 1000 tons OF
structural, shapes. The Great Northern.
as previously noted. has ordered 600
tons Of bridge work and the Northern
Pacific $500 tors. Tho Southern Rail-
road will take bids November 6 on the
construction OF a bridge at Grcenville,
S. c.. calling for 500 tons steel.
One Of tie largest distributors Of
pig iron In the Eastern territory Is re-
toicing over the fact hat sales made
since the first of this year rave been
larger h during any preceding year
III inc N1S'OFV OF tUe view OTh tIitc
which was orend in 1906. That IL to
say. sakes during the nine months Of
the calendar year have been equal to
sales made in any previous twelve
mont during the period designated.
II Is almost certain. ton. that sales dur
ing the next quarter. including October.
will prove larger h n any preceding
quarter of 1915.
II Is pointed out by one statisticau
tina prices current on so'ne special
grades OF foundry iron to-day are Is
cents a ton lower thar the average
price on the same grade OF iron in the
last seven years. This Is an Interesting
fact in the light OF an advance OF 81
70 81 a ton In the price Of pig iron since
January /. Under present conditions.
too. conservative factors exnect tie NAV
k~t for No = foundry iron to touch
SIS a ton in the Eastern district before
the beginning Of another "a
Blast furnace interests at Buffalo are
| now asking as high AS sl7 for No. 9
! foundry, TO be delivered over the first
half of next year. This is a premium
Of 81 a ton over prices still available
for this years delivery. With the cx-
pectation Of al Increase of $3.50 a ton
In the productive cost of pig iron mex
| year. the premium being asked for fu-
ture contracts seems not unreasonable
| Echoes from the recent meeting of the
Iron and Steel Institute at Cleveland in
dictate hat the most important manu-
facturers of iron and steel eNpec an
advance OF so cents to 81 a ton In the
| price of iron ore for next year'e ship
ment. This ls an average OF rs cents
l n t-, ugAs,t, A, ltSa1p xrn,,lJ .a~,,,p fov
| an advance OF $3.50 in the cost OF max
ing pig iron next year. two tons OF
ore being estimated for a ton OF pig
iron but. In addition. the price OF fur.
| mace coke has advanced sharply. bias,
furnace interests finding II difficult to
eover next years fuel requirements
under $3.50 TO So a ton at the ovens
| On the other hand. most of the iror
producers have covered their coke re,
| quirements for the first .Ialf of next veal
at lower prices.
Three large manufacturers OF stee
castings and forgings In the centra
West have divided a contract for abou'
500 900 s to l2 inch high explosive
shells. The order was placed by "a New
York representative of the French ant
English Governments, contracts beinf
signed early this week. These manu-
facturers are now In the market for 10,
600 to 5000 tons Of rolled n forged
steel. blllets and blooms, for deliver,
over the first few months OF next year
The contract price is about $4,000 600
The Jones & Laughlin Steel Co. viii
utilize the blast furnace of the Kattin
ming Iron m Steel Co. acquired re
Gently. in making ferro-manganese from
domestic and foreign ores, a NOR
ample supply Of foreign manganese |
being reflected In offerings In the opel
market at slightly lower prices, Sales
however, are still being made at abnor
mally high figures, which makes II ad
visable for the large steel interests L
control their own supply.
Steel companies In the central West
after closing for 10000 tons OF basil
iron, including So 900 tons for one plan
In Ohio and 5000 tons for American
steel founders. are negotiating for 80.
600 tons, including 30 0 tons for tn
Andrew Steel Co, OF Newport, KY. l5,
900 tons for the American Rolling Mi
at Middletown. Ohio. 10000 ons for tn
Allegheny Steel Co. at Breckenridge, Pa
and 5000 tons for the Portsmouth. Obi
Steel Co. for various deliveries over tn
ar,t thran nu.rtars Of naVt vpar Pits