The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-02-07
ROLLED STEEL. In
GREATER DEMAND
Continued Enormous Demand for Metal
for Use In Making Shells.

NEW YORK. Feb. 6.-saies OF rolled
steel products last week were In excess
or 100000 tons. More than half OF this
was Tor export. The exports included
$4,000 tons OF round bars and biIIets
10 be used In the manufacture OF war
munitions In France. business Is thus
excess OF capacity. which means that a
greater mortgage IS being placed on the
future. shipments must De further eN-
tended. The railroads contributed mea-
Ercly to the steel tonnage. hut large
contracts FOR equipmen, are still under
ne 20 uauon.
The most important feature at the
moment TO the steel companies. IS the
continued enormous demand for steel TO
De used IN the Manufacture OF high eN-
ploIvc shells. Additional inquiries for
1Iii o',,S1Si Dar 6o Sna iorginss aggre-
the market last week. making the total
under negotiation about 100000 tons.
some deliveries must necessarily run
over into 1917 N the steel is to be
supplied by this country. But as noted
during the last few days. there prob
ably viii be an Increase in capacity in
excess Of 100000 tons annually by the
end OF 1916.
Since January 1 export contracts for
rolled and cast steel products have AK
Ercgatcd 100000 tons for vayous deliv-
cries extending over tn. Whole Of the
current year. II is estimated that 100. =
GOO tons have been placed FOR delivery
during the hrst quarter Of 1917. This
marine work. Negotiations continue on
contracts Tor seven more boats to be-
built on the great lakes and an equal
number - pending on the Atlantic coast
That II. prospective contracts for four
teen boats are actively in the market
and much larger number Is In the
background.
According TO rumors circulated in tho
Steel Company h hs vr9q@1 c hrssses
contract for $500. 900 six inch shells
Tor the French Governments. II will be
recalled that the Creusot Works have
been asking Eastern s,ce. mills Tor bids
| on steel torgings for two lots Of six
inch shells. one OF 100000 and the
other Of 100000 shells.
one OF the most interesting Inquiries
IN the last week was for 10 600 tons OF
steel to be used in the MANUFACTURES OF
steel detonators for tho British GOV
ernmcnt Great Britain also put out new
| Inquiries for round steel bars aggrcgat-
purchased miscellaneous lots Of steel
I through mcr NHut interests here. aggre-
eating upward ~ 10000 tons. Including
hiiiets. sheets. .kelp and bars.
Structural steel contracts closed last
week called for 10000 tons OF plain
shapes. showing a decided Improvement
over the preceding wo--x. when the con-
tracts booked by the fabricating shops
called for only 1000 tons OF shapes
p Among tho contracts. extensions 20
manufacturing plants called for 5000
tons and several similar contracts are
I under negotiation Among the principal
orders placed were Another extension
TO the Corwith plant or the Crane COM
pany AT Chicago, calling for 1000 tons
nished by thu South Hs-sted street Iron
Works. $500 tons for open hearth
buildings for the OshlanG. Ky. and 800
tons for an extension 20 the Mesta Ma
chine Company plant az Homestead. Pa.
The latter viii be furnished by the Ritz
er & Conley Manufacturing Company.