The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1915-03-27

pTONement al along the llne viii
mutions OF war leading by big vol
ume.
War Orders Growing Larger
In its last weeks issue the Iron
Trade Review says that orders for war
materials continue to be placed In
very large quantities. An important
steel company is about to close a war
contract which represents more money
than any slmilar business which has
been placed since war was declared
II has completed plans for large addi-
tions to its capacity, so that II will be
ready for operating within 80 days
after the booking of the contract. An
order of from 10000 to 1900 tons Of
steel rounds has been placed with the
Cambria Steel Go. by an eastern manu-
facturer which is working on shrap-
mel contract, A number of companies
In the central west are turning out
shrapnel in large quantities, J p
Morgan g. Co. have placed an order for
rs lathes for export. A company In
New York which was unable to obtain
prompt delivery on 10 lathes for ex-
port TO France has placed the order
with a concern in France. This action
Is considered proof that at least some
foreign manufacturers are in better
position than had been supposed to
turn out machine tools The Nav
York Air Brake co. mas ordered
large amount of equipment for making
shrapnel ON a contract amounting TO
Sl5,00O,0O0 and still has additional
orders 10 place.
Ration Of Sales 10 Working Capacity
There is a suspicion IN some circles
that the capacity at work is out of pro-
portion to the sales that are being
made, The Boston News Bureau
week ago pointed out the danger from
this source and prophesied that unless
sales increased production was apt to
catch up with sales or even surpass Il
and that If such case the reaction
would be damaging blow to the trade
No Ores Sales Reported
The ore business is dead. no sales Of
any kind haing been reported. II was
claimed at Cleveland few weeks ago
that some furnace interests had made
reservations but that THE transactions
were not such as could be regarded as
fixing any price for the seasons ore.
Crystal Falls miners0know nothing
of any ore haing been sold from this
district and don't expect that any will
be sold for several weeks yet
Resentment Over Rail Purchases
There is considerable resentment
evidenced in the finished iron trade
over the purchase by several of the
railroads OF the United States Of rails
from the Canadian mills
II seems that In the Canadian mar
kets the Canadian makers have been
selling rails at from S35 TO $sS per ton
On the sales made In this country the
price Is understood to have been S25
20 $3.50. nearly SO below the standard |
piice of rails In this country.
Many iron manufacturers are ex-
pressing themselves upon the trans
action and In last weeks Review a
number Of letters appeared from man
ufacturers dealing with the subject
One of them reads as follows
when the railroads have asked for
per cent general increase in freight
rates. no set OF manufacturers more
cheerfulIy has supported them than the |
steel makers. Notwithstanding the fact
that the steel industry probably pro-
vldes more freight than any other line
of business. We have done this be-
cause we realize that the railroads
have IN their power TO restore pros
perity to the steel Industry as we'll az
TO the country al large and we appre !
ciate how much the pi esent capacity |
Of the country depends upon the rall
carriers for profitable business II |
strikes me some al the RAILROADS have
adopted a mighty poor way of show
ing their appreciation ef vhol tho
steel industry has been rladto 40 FOR !
them hS rinclur their hueinpss our
eide thp country especially AZ a time