The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-13
THE STEEL MARKET.
New War Orders Reinx Placed
Prices on Bars Firm.

Export orders for ammunition and the
domestic business resulting therefrom
continued the CHIEF topic IN no steel
trade yesterday S"verH! Of me larc-
equipment compa n'es are understood ~
he seeking good sized tonnaEes OF steel
bars FOR the manufacture @, shrapncl
and orders are expected TO be placed in
a short while Prices on steel bars arc
firm with some producers asking sl.2j
per 100 pounds. In other linrs OF thu
trade conditions arc generally un-
changed, but better buying Is looked Tor
In the near future.
The iron ADs says:
CONTRARY TO reports. Russian raj
contracts have not been placed, but two
steel compa expect 60 roll $4,000
tons each for Russia, and the total pur
chases will b" around 100. 600 tons. sun
larger amounts are talked OF for the
Trans : Siberian Railroad.
"Russlan car orders nav. been def
nitely placed with Two Canadian plants
1000 cars to each. At Chicago 5000
more are credited to a luca, company
and 1000 10 n seattle car works The
5000 leading stcel car company Is
eXpeCted TO get have not been placed
In domestic railroad business on.
item IL 10000 tons OF rails placed hy
tho Rock Island anther IS 500 tons
OF tie plates by the South, 10 Pacific.
Among car Inquiries arc 5000 for tho
Rock Island, but at Chicago no great
ENCOURAGEMENT to plate mills is yet
found in car contracts. one such min
was only kept from n shutdown last
week by an oil tank order from West
ern line,
I'm the East interest 4. taken IN the
buying by locomotive company this
week Of $500 tons OF 81. inch rounds
FOR shrapnel and 1880 tons FOR Nigh
explosive shells In southern Onto an
Inquiry has come up for 20 900 tons OF
bars for similar work and another
maker is closing for 5000 tons
"A feature IN structural steel /. tho
contracts FOR quick erection OF s,.el
additions 10 plants having large war
orders. One for the Baldwin Locomotive
Works calls for 5000 tons OF steel and
two other large additions FOR liz. work
have Just been let In the East.
The National Tube Company has an
order for $4,000 tons or ~ mile. OF l.
inch pipe for Louisiana oil interests There
have been closed also rs miles OF 20 inch
pipe for gas distribution In the Pitts
burg district and a Wheeling district
mill will furnish 55 miles OF inch screw
pipe. Cast iron pine tmndrles are
buster and have a good run of work
ahead. Newark. y. j.. has bought 1900
tons and Philadelphia will take bids on
1900 tons
The Iron Trdds Rsrtew says: with
the broadening OF domestic demand ac-
centuated by numerous inquiries for rail-
road equipment, the steel trade moves
forward another lap in It's march Of I'm
provement. Just At time when a
slight halt was noticeable In some An
ishcd lines. added impetus has been
given the Industry by the Pennsylvanla's
announcements OF enormous requirement.
| which will involve the placing Of 1900
steel cars. divided Amos, equally he
tween Eastern and central Western lines
Large rail orders also are pending
including 5000 tons for the Central Of
Argentina Railroad and 1875 900 tons for
Pennsylvania. War orders, that have
| played so conspicuous part in recent
satisfactory developments show no
| abatement In size or number. The Lack
awanna steel Company will roll thirty
| thousand tons OF slNty-fve pound rats
and track fastenings for Russia, and the
| American Locomotive Company and the
| New York Air Brake COMPANY have
made inquiry for $1,000 and 1000 tons
| OF steel bars respectively 70 nj con-
| tracts In addition, the Cambria steel
Company will furnish Russia with 90.
| 600 ear axles and an order for -, 600 &c
| 10000 car wheels has been received from
ono of tho warning nations