The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-23
NEED OF FUEL SENDS
COAL PRICE SOARING.
Runaway Market Reported in
BituminOus-Fcar Of
Miners Strike.

The volume of business in steel
products continues heavy and the steel
companies are still making preparations
to increase capacity TO meet "A portion
Of the heavy inquiries for both domestic
and foreign shipment. Naturally the
steel companies are forced to Il
temporarily to their own embarrassment
in making greater demands uron their
resources to increase output. The latest
development yesterday was the placing
OF a contract for ZOO to 10000 tons OF
fabricated structural steel by the Inland
Steel Company with Northumberland
Construction Company. the steel being
required in the building OF open hearth
furnaces and mill buildings at Chicago
Heights. TIE Inland steel Company at
present has an annual capacity of 400
600 tons OF ingots. II Ii also reported
tina the steel Corporation will expend
s75o.o0o In building W open hearth fur
naces at Donora. Pa. SOM additional
improvements will also he made AZ the
ponora plant OF the American steel and
Wire Company.
The Pennsylvania Railroad IL re-
ported TO have placed a contract for the
building OF a freight depot at Chicago
with the George A. Fuller Construction
Company calling for about 600 tons OF
fabricated structural steel. According 70
reports from Chicago the contract VIII
cover ,rackagc and alling which may
bring the contract price to N,3oo'coo.
The American steel Founders have
begun operating their sharon. Ia. plant.
which has been rle for a year. Accord
ing to reports from the West recent
contracts have been taken which insure
Al. 1r,r.t.A,, nf this nlnnt 10 full
capacity in the near future.
The Hennepin Holding Company has
placed "A contract with the Minneapolis
Stee, and Machinery Company for a
theatre and office building to be con-
s,ructed at Minneapolis. MINI. calling
for c.lO0 tons OF structural steel.
The Central Foundry Company. AFTER
going into the market last week TOT
1000 tons Of several grades OF foundry
iron, is reported to have closed Tor ABOUT
$500 tons of pig metal for shipment
over the first half Of 1915. n con-
tract was divided among several FUR
naces on the basis Of about $l7.2o for
No. . foundry az furnace. Three OF
the largest producing interests In the
Buffalo territory have advance prices
of foundry grades about so cents per
ton. No. . y foundry now being held
ut $3.50 and malleable Mt us furnace
for shipment in December n over the
first quarter of next year.
A market IL reported In btu
minous coal Prices have %
cents per ton in the hast ten days ans
20 cents per ton from the owest point
Many consumers In the Eastern terri
tory are urgently In the market ioi
nearby delivery, but find II difficult tc
secure supplies even on the OASIS o,
$3.50 for run OF mine coal. The 11l!
few lots available were held at $l.sC
AT the mines. According TO the Goa
operators, the present situation is du'
to AN inadequate supply OF cars, con
pestion on the railways and the rush o.
mine labor to muniton and steel plants
The outlook is apparently serious Thos'
hest Informed and In close touch will
the mining situation expect a strlk'
at the anthracite coal mines Whe'
the present agreement between IN
operators and the miners expires o'
March 81, unless an agreement IS en-
tered into In the meantime. giving th'
miners a higher scale Of wage Thu
situation at the bituminous mines Wi
depend largely upon developments il
the anthracite region. but whatever IN
outcome much higher prices are indi
Gated.
Iron founders in New England an
on the Atlantic seaboard are fhndini
much difficulty in securing coke on con
tracts, and have been oblige to pa
as high as s3.a5 and $3.50 per ton a
the ovens for foundry coke Report
come from nine or ten different founder
within the last few DAYS that they ar
~ureently In need OF fuel. Blast fur
mace interests also are fnding niue
difficulty in obtaining an ample supp
OF forty-eight hour coke and have pal
az high as SO rer ton at the ovens
the last few days Shippers are Ila
TO obtain open cars from the railroa
to make deliveries on contract. In MOI
NAL times box cars are insisted upo
by the ovens.
The Boston and Malne Railroad ma
an inquiry In the market for bituminou
coal 10 be delivered at tho rate {
twenty cars a day from the preset
70 MAJ I, 1916, This means abo,
100. 900 to 10000 tons. Another II
ouiry covers 10000 900 tons for expor
The latter comes from Italy and
r for 2O0,O 900 tons of gas coal a yes
-. for "A period OF hvc years.
r An eastern Pennsylvania steel plaI
V has secured "A contract for steel fori
ings calling for the expenditure
2 about 81 900, 900. This would indica'
, that about 10000 tons OF forging hi
), let's are required. Delivery will be ma
a over the second quarter of 1916.
The American Locomotive Compar
will build twenty-seven engines for Il
v Elgin. Joliet and Eastern and three f
the Oahu Railway Land Company
Honolulu.
The Seabury-Dri4gs Ordnance Cor
pany and the Hart-Parr Company a
reported to have sublet contracts (
steel shell torg!ngs To the Taylo
Wharton Iron and Steel Compai
amounting to possibly 10000 tons,
~ The Russian Government is in q
market for 400 howitzer guns and I
~ british Government for 400 canno
which will call for the expenditure
N nan mn nA,nrlnn 10 Aui