The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-12-17
FREIGHT TIEUP MAKES
IMPORTERS WITHDRAW
Shippers Fear Loss in Failure
to Get Goods From Rail
to Sea Carriers.

II IL estimated that the gross earn
inss of the United States Steel CORPORA
| ,,on during the fourth quarter or the
| wear will be about sac, 800 900, indica-
| ting net earnings OF about $4,000 ,ooo.
| This il making allowance for a decrease
In shipments during the current month
a. comNred with October Novem-
| Der. The net earnings for the year 1913,
upon this basis, will be $lls.llS.5os.
The Glover Leaf railroad has placed
q contract for 1000 tons Of standard
section rails. 1000 tons Of which will
be rolled by the Carnegie Steel Company
and 5000 tons by the Illinois Steel Com
pany. The Pennsylvania Steel Com
pany has secured an additional contract
for 10000 tons Of rails from the French
state railways. making the total $4,000
tom. for delivery during the hrst half OF
1915. There continues to he an active
demand for light section rails from In
dustrai railroads, inquiries now In the
market amounting to about 5000 tons
The Great NJrthern Railroad has closed
for a small lot OF tie plates. railroad
spikes and bolts 10 be shipped by water
10 the Pacific Coast. The oversold con-
dition of the manufacturers Of track
SUPPLIES has prevented the closing o.
more Of the inquiries recently put out
by the latter road. which included q
million tie plates, 1000 kerss of bolts n
1000 kegs Of railroad spikes.
The Chicago. Burlington and Quincy
Railroad In in the market for 1000 tons
Of structural steel for bridgework. h
Missouri, Kansas and Texas Is stin TAX
, ing bids on 400 toni Of steel for bridges.
ana the Chicago and Great Western II
taking prices on centre stills to be used
In the construction Of 500 cars. The
Erie Railroad has ordered I .o0H Eondoia
cars from the Pressed Steel Car Com
pany. AZ well as 500 from the American
Car and Foundry Company. PREVIOUSLY
reported. The Long Island Railroad
has ordered 100 gondola cars from the
Pressed Steel Car Company. and the
V~,rv.nian Railway $50 car bodies from
the Standard Steel Car Company.
According TO reliable estimates. Il Is
indicated that the two large battlesh!ps
to be constructed at navy yards by the
Administration programme will each cost
the Government 5000. 900, or approx
mately $1,000. 900 more than II con-
struction could be executed IN private
shipyards. As noted last week. corr
tracts for the eteel required ~ the build
ing OF these ships we're awarded TO sew
eral different steel companies In accord
| HnCo WIN Vtub OIFUCu VII ~
II 10 Indicated. however. that the navy
yards at New York and Mare Island.
where the boats will be built. will not he
ready for the laying OF the keels before
September next year. Bids for two fleet
| submarines will be opened on February
Is next. Each boat will have a displace-
ment OF 1900 tons
Several important local Iron factors
have withdrawn from III export trade
because Of the congestion Of freight on
the Atlantic seaboard nd the continued
advance in ocean freights. 1t IN re-
garded a. a dangerous situation. as fail
ure to make connections between rail
and ocean carriers entails . heavy and
serious loss upon the shipper. Very
little, II any. Improvement 10 reported
in the freight situation. and the Central
Railroad Of New Jersey has placed an
additional embargo upon commodities
for domestic shipment when requiring
Nghterase At this port
TIA National Tube Company. Pitts
burg. will erect four additional eighty
ton open hearth furnaces and a forty ton
blooming mill at its Lorain. Ohio. works
The blooming mill will DO electrically
driven. with the -four new furnaces
protected the Tube company Will have
ton open hearth furnaces at It's Lorain
works, with a capacity OF 700 tons per
day. Contracts for the furnaces will be
miles Of ~ inch steel pipe. equivalent
10 2,700 tons. has been placed In the
P1ttsburs district for delivery In the
Southwest.
Manufacturing plants In the csntNl
West have placed additional contracts
for extensions to foundries, factories and
~. VIyo~Snrn 70 ~ tA1A Gamma n u
AZ East Alton. Ill. has placed a contract
for 24o tons OF structural steel for
new factory with the Spuck Iron and
Foundry Company. The Cleveland Fur
nace Company 10 having now oonstruc'
ton. calling for $50 tons OF shapes
fabricated by the Massilion Bridge snt
Iron Company. Tho same works vii
East Ohio Gas Company. The Buicl
Motor Company will increase its plan
AT Detroit, calling for 1000 tons o
structural steel. h Castner Electro
iytic Aikali Company at Niagara Fall
, IA having an extension built callinl
for lfb tons Of steel by the Buffal'
|. Structural steel Company. The Fer
! taken orders for ESQ tons Of steel TO-
manufacturing plant extension at Nj
arm Fails and Port Allegany. Pa
The American Radiator Company Il
shout to place a order for an Ok
tension 10 its Pierce plant a. Buffalo
: calling for 100 tons Of steal.
:. The Cuba Railroad has placed a
. order for ten locomotives with tn
American Locomotive Company and tn,
: II X. Porter Company Of Ptttsburl
: 10 constructing twenty-five small looomo
!. tivss for the Russian Government.
The American Bridge Company sub
Il. mittsd the lowest tender for the con
! etruction Of the Frankford Elevated
!. Railway in PHILADELPHIA. calling To-
!. $500 tons Of structural steel. The bid
. was $4,000 to plans submitted
. and 12S7.t76, including work not spe
) officially designated on the original speci
. hoations.
2