The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-03-29
Needs Of the Steelmakers Have Advanced Alloys;
rig Iron Demand Heavy at Opening Of the Week

NEW YORK. March 2s-st,-l com
rant. = IN the Eastern district a. we'll
as those IN the central West. continue
actively In tho market Tor steel making
DIX iron. and Tor heavy melting steel
scrap Contracts came TO the Surfac,.
yesterday amounting TO nearly 30 goo
tons including one lot of A litti. NOR.
than 10000 tons OF pax iron to h. shipp.d
from lakes into the Eastern district FOR
second half OF this year Another sal.
OF about 5000 tons or steel melting
scrap was made by an Eastern mill for
early shipment. The contract - said
~ amount to about st00. 0OO Similar
contracts are pending and are likely to
o. closed m tn" next Few days. one
kct for 5.uUO tons OF basic iron Low
phosphorus IL scarce and wanted in lib
erai tonnages for this years delivery.
o
Tho record breaking rate ,t which,
steel companies are operating keeps the
alloy market IN excited condition be
Ssuss 81 the continued active demand
lor both terro-manganese and spiegcl-
eiSen- several additional sales Of thes..
alloys have been made Tor shipment over
the hrst hair Of 1917 on th. basis OF
$40 Tor 80 per cent. Manganese. while
GALES of Spiegel have been made Al
prices ranging from -65 To $55 FOR 20
per cont Tor shipment over the last
half OF the year. This Is an adynnc. 90
from s. To SIS per ton IN spiegci F.rro-
insnsanHse Tor early shipment Is almost
una valuable. Some small lots hay. sold
as hiEh A. u cents a pound FOR prompt
shipment
Several new Inquiries for foundry
MAKING grades Of pix iron came into the
market yesterday FOR Eastern deliver,
aking total or about Is goo tons nov.
under negotiation for shipment over tho
last half OF the year. Including steel
making iron. about 80 900 tons arc un-
der negotiation in the local territory.
~, nnGI,,r,es Tor Export are smaller both tn
number and tonnage. Most % the for
,lgn inquiries are FOR steel making
grades.
Tho enormous demand for steel bars
plates and shapes was reflected N.Sf.r-
daN IN an advance OF 81 a ton on q.
and shares and 81 ton on plates by
the Carnegie steel Company. which il
now quoting 2.45 cents FOR bars and
shapes and 30 cents for plates for
Shipment AZ the convenience 81 the mill.
~ Is stated that none of the steel cor
poration subsidiaries are selling steel
az premiums FOR prompt shipment hut
arc ,N"cufins contracts Boo tho order that
sn'cih' AT ions are received ~ tho mills
Thts last advance in steel bars may
lorce another rise In wire products no
fore tho end 81 tho month buf IN. moi
icy OF IN" Anne ricau steel a VIII, Conn
pany is 10 keen prices as steady as nos
Slhle under present excited conditions
The Baltimore Il Ohio Railroad has
placed another contract for two small
bridge az Chicago. calling for 200 tons
or structural steel. with an INDEPENDENT
-. .''.' ~ N'A lH'fu railway yes
N'fdtN nut out inquiries for number
Of small bridges which will r.ouir.
Nbuui 1000 tons of structural steel
Tho Boston Elevated Railroad boz CON
neg'i"n with %. city Of Boston has
asked FOR tenders on the construction
OF Two haSculr bridges. which will re-
qulr' about 5000 tons uf structural
Shapes Tenders are 20 Do. submitted
on April -. this year but Tho .r.rt i,,,
or fho bridges II not required until
April 1917. Tho New York Shipbuiidtnug
company has given an order for 800
tons or structural shapes FOR an OK
tension 10 % machine shop al Camden
\. j. Z" tho Mc'Nntic Marshall CON
Structiun COMPANY