The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-18
YEARS STEEL ORDERS
INTO WEEK
Large Independent Concerns
Business in a Few Days
Equal to That Of 1914.

Equal to That Of 1914.
The New York Central railroad has
placed n contract for 100000 special
chilled Iron car wheels to be utilized
In the construction Of freight cars for
which contracts were placed several
weeks ago. Heavy contracts arc also
reported to have been placed for steel
car axles. A plant in this State Is said
TO nave secured the business.
1t Il estimated that about 30. 900 tonB
OF armor plate will be required In the
construction OF the two United states
battleships, for which tenders were made
yesterday to the Navy Department by
the Carnegie, Midvale and Bethlehem
steel companies and the Pittsburg
Screw-Bolt Company. In addition about
5000 tons OF structural steel plates and
shapes will be used for the hull and
other s~ub-structure OF the two boats.
Bids were received yesterday by the
Government from the New York. Ship
building Company. the Newport News
ShipbWlding and Dry Dock Company
and the Fore River S%hipbuilding Com
pany. The latter submitted the lowest
tender-s7.22s.50o for one boat. All
OF the bids were referred to the techni-
cal bureau OF the avy Three Govern
ment navy yards also submitted esti-
mates on the construction of one OF the
battleships. The Philadelphia navy
yard submitted the lowest tenders, which
were ss,s16.427 for turbine and s6,774,-
l44 for electrically drlve ships.
Tie Pennsylvania Marine and Ord
nance Castings Company is the name un-
/ der which IL 10 nrpppua~1 "a, ,,,.o,t1o,~
the Pennsylvania Steel Castings Com
pany Of Chester. Pa. and the Baldt
steel Company of New Castle, Del,
whlcn companies were recently ac-
Quired by Philadelphia, New York, Boe-
ton. Pittsburg and Baltimore interests.
As an indication OF the magnitude OF
business still being transacted in steel
products 1t may be noticed with interest
that last week the New York office OF
one OK the large Independent steel COM
panies booked contracts which In money
value amounted to the tkal sales made
by tho New York office during the en-
tire year Of 1914. Contracts are still
pending which may be closed during
the current week that may even eclipse
the astonishing record of the previous
week.
The Southern Pacific Railroad as a
protective measure has definitely closed
Tor 10000 tons OF standar section
rails. and has secured reservation. II is
said. on the heavier tonnage reported to
have been sold last week. The distribu-
ton Of the latter. IL is expected. will be
announced within the next few weeks.
Most of these rails will probably be
rolled at Chicago and Ensley. Ill. The
NV York. Ontario and Western Rail-
road will probably confine Its rail pur-
chases to the Bethlehem and 1.acka-
wanna steel companies. higher freight
rates debarring other Eastern mills
from participating in this contract.
The demand for steel making iron con-
tinucs active in the East and prices
are steadily rising. One Lehigh Valley
furnace recently took a contract for
5000 tons of basic iron at SIS, de-
livered in eastern Pennsylvania, for
shipment running over the first quarter
Of next year. The American Iron and
Steel Manufacturing Company is now
in the market for 10000 tons OF basic
for delivery over the first quarter of
next year. Furnaces are extremely In
dependent. some of them demanding 81?
n ton for such delivery. One eastern
PENNSYLVANIA urnac interest has sold
the capacities of two stacks, now on
basic orc. and is on the point Of putting
in another stack II business pending
for basic iron il secured. One eastern
Pennsylvania furnace il said to be
actively competing for foundry contracts
and shading the prices of other makers
so to 75c. Il ton. Anothe sale OF 1900
tons low phosphorus iron was made at
$50 by an eastern Pennsylvania furnace.
The allied European Governments
through special agents and otherwise.
continue actively In the market for war
munitions. and domestic manufacturers
OF shells closed contracts yesterday for
about 10000 tons OF round steel bans
at 3ac. per pound for shipment over
the first half of next year. II IL UNDER
stood tina these shells are for the French
Government. Another inquiry for about
1000 tons of round bars for export to
France was put out yesterday. and still
another inquiry for about 10000 tons OF
bars Is In the market for shipment TO
Great Britain. Several small lots OF
round steel bars for projectiles. run
ming from 1000 to 1000 tons each. have
been taken BY an Independent steel COM
pany in the Pittsburg district. netting
3hc. to &c, per pound, A bid was made
yesterday IN 1000 tons Of large rounds
equivalent 10 about $50 per ton.
The British Government Is still seek
ing to place a contract for ordnance with
American manufacturers One inquiry
yesterday was for heavy cannon, Two
additional contracts for shells, steel and
forgings, calling for the expenditure OF
g.. 900. 600 to $4,000. 900 each. are under
negotiation. Most of the larger inquiries
are said to be for export to France.
The American Sheet and Tin Plate
COMPANY IL reported to have taken con-
tracts for sheets which will take up lis
entire capaclty for the next three months,
The National Tube Company has also
made similar sales. largely for export.
These latter contracts, however, were
closed earlier In the month, before the
United States Steel Products Company
withdrew from the market. As n re-
suit OF heavy demand for black sheets,
premiums of 81 per ton are being paid
for No. 2S, pittsburg reporting some
sales as high as 2l2c. Galvanized sheets.
because of the continued rise In spelter.
are being held at 4c. to i.30c, per pound
Z o. b. Pittsburg mill.
East Youngstown, ONO, received blds
Yesterday on l,327 tons of 6. s. 10 and l.
inch cast iron pipe. The city of Toronto,
Ont. will receive tenders on November
% on $500 tons Of 3 to IL inch cast
nine. r.. u. Wood & TO. submitted the
,uast tender to the Now York Depart-