The sun., 1915-10-28
THE STEEL MARKET.
Improvement IN Demand for
E1slpmeat IL Maintained.


in ali departments and further price ad-
vances van IN pig iron as well az finished
anu semi-nnlsned steel are conndentiy
looked for. In some lines demand can
not be satisfied owing 10 the oyersold
condition of the mills and consumers are
wunnk 10 pay almost any price as long
az deliveries can be secured. The great
the demand sor .,,,,n,rsnt h.. heen
,,,.,, nc ,..,,,~s u.s" ,or eauIpmeh' nus S Seen
placed recently and good % sized contracts
are under nerotiation which will result
IN order. in tho 49, ,,,,,,ra tn. hwv.
ing 3 both for domestic and foreign ac-
count Large sales Of pIg iron have been
erected recently zee which are believed 70
- ss, w vi "e"'' Su'
'"m ~ mCvement; ,,sr ns, ..r..
Despite efforts Of the larger eteel com:
paniep 10 hold the demand IN check siens Of
order. es omnr n q .nsh a. oss
rate that :ll Of them are being carefully con
adered before being accepted. On some CLASSES
OF matertaf it's question OF getting deltv.
enss and not prices. This month viii estab.
lsn new records IN the output OF iron and
I'm. s Cu' IN spue OF tne nule produc,ion the
".,1S mM srs eeMna iurtner oask IN IN deiivertes
eSMaorMnsry demana iof open neartn
xs,,. .sw.rs, .oou. comaiuons , n Wn,en s pre
lion. Fcwrdr,ss hsxsrs sso nm u .n,h % s,,.n.. rUm
are t.h,ns com,rsn,. - rn.rsrs h;,,s.. 81
ransins 10 hew. -, ins,,. & h,nn. -, ~ .,ssi
comn.n,ss hsv,rs svn... sns.,v NJ h,c,,..,,,. ~
miijs '"'.'' u" o''""''s
IAN iuterestips .ale a. IL M ,o,s ~ t....
mer shect hsr. 10 n southsrr oh;o .S..t Mil
which has An omen hearth niaut This Il due 10
the fact thai the latter has been ab,e 10 seii
its open hearth steel al such nrofltable prices
that N will nae The nnrch = "a bcesennsr hsrs
10 make sheets. The Carnegie Steel COMPANY
L. preparing 10 start its plant al Columbus.
Ohio which has two 700 ton blast furnaces
anu q loo ton bessemer steei department. This
plant has been idle for q number OF years
si, snd = only operated when the pressure for
barp wire steel rounds forging bi'lets.
blooms and wire rods are conspicuous in the
ns,% for n,rn & smd oHc, Mo per ton nae ben
ppsiu psu ior ~,re Iods' better than ~ mas been
pSd ior rorgins blooms and one ,pdury
oroTe lot lot, LOT loo 20 tons the Col.
n1oo, .,1u o"f mace Isrse saies OF barn rire Tor
Of wire rod. Tor E"rosesn dew"ry r over '1S iSs
dei,verv ,o Rw..;o .,o,hs- o,,,ru n,,. ,or
5000 tons of salyap;.eS .,ee, a.,.sranh mn wips
and another for 40 tons Of conncr wire WHY
rr,cc. a.. nK NJ, m"n r,n marxsi very 1ront ana
advanced in some ,i.sr;ws s.pe,,i ps, ar s,rr.~.
n..nS .russ nave wNndrswn completeiy from the
.s,s 10. htnvs,v th,s year. and some nave
fcrnd,, 80, n., y 70 cvnsn,~r orueIs on
70 .1 o. % growing scarcity Of basic pig iron.
o.. me se,nns OF pig ron q Chicaro continues
80 ~
naccs nave been easily able TO mainta their
maximum basis Of prices and 'he situation
there Is RAPIDLY approaching a condition OF
maximum production. II |, expected that by
January there will be inactive in the Chicaso
district only two furnsces Of compar ra,ivcly
| small capacity which arc not exnrc, I'd 10 hs
! able TO operate be fore The ooening NJ nav,
! CATION next sprirs " NV
"Larse contract. have been nIaced ,or
| fabricated ms,s-,., in, 49,; pisSu tSI
! bridae worl, To- ,nr,,S .ni,s cons.deraoie
Some manufac,urinx consum.r. of ,T nn,ahed
| 80. N,a,,e,. ,o .n puIIng tnroush
| srsc, 80 r, ~" Susn."les Formerly OF con
wkich -. III. ,, they 90 no, exsct protection,
| 80. J"e s,uere are Ioath 10 give Tor next
| ;ss su se' iear no embarrassment through
the ferromanganese situation is 70 much
easier that imported fcrromanganese Is now