The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-05-27
CONSUMERS STILL URGENTLY MOU|R|NG FOR WIRE
PRUDUCTS, BUT VOLUME Of BUSINESS DECREASES

NEW YORK. May 26.-The volume Of
new business taken by the American
steel 4 Wire Company IN May viii fall
ehind the tonnage booked In April.
This - due 10 the attitude Of the mills
rather than TO smaller inquiries from
consumers. The latter continue ur-
i~iNerics over the second half of the year.
but are being held within relatively
narrow limits by the manufacturers.
VINO are cndcavoring 10 satisfy all Gus
TONER'S. Consequently consumer are
being given only about 60 TO 20 per cent.
OF the tonnage asked for. Some orders
ohipments on which will probably he
made In the fourth quarter. "A OF
the oNersold condition OF the mills. The
wire company IL making nc guarantee on
the time OF shipments.
For one reason or another the output
and consequently the domestic ship
inents OF wire products this month are
smaller than in April. Plants hereto
fore have been pushed at high speed
and are feeling the effects OF the long
continued pressure. Labo troubles also
contribute TO difficulties in keeping the
output up To maximum capacity.
.
The Southern Railroad has come into
the market for 1000 tons of foundry pig
iron for shipment over the last half Of
Iho year 10 its southern works. \ foun-
dry interest in Eerks county. pCuuSylVa-
MIA. has contracted for 5000 tons OF
foundry grades at S2O.50 pcr ton dcliv-
cred. shipment TO be made over the first
A-NAH ~ 80 NN ANM Ia HINNNA
Founders. who recently put out an IN
quiry FOR 5000 tons OF basic iron. ~ is
now understood viii make basic pur-
Chases for all its plants. probably cN-
cccdiug the inquiry in tonnage two or
three times. The M~e~tlughouS Electric
a Manufacturing Company is reported
10 have placed an order for 1000 toms
OF Northern foundry iron equivalent to
SlS valley furnace. and for 1000 tons
OF southern foundry iron for delivery
az Cleveland, at slightly under S1i15
base birmingham for No. ..
S~hipbuildcrs on the Pacific coast. who
nave been urgently in the market for
marine forms Of steel. have finally sue
ceeded in placing an additional contract
Tor -u'ONp tons Of steel plates for de-
livery during The second half OF 1917.
II - understood that the business was
taken by the United States Steel Prod
ucts company. the export subsidiary OF
INC United states Steel Corporation.
which operates on the Pacific coast a.
wen as in foreign countries. Tho coast
uytn.nd ior plates, however; Is still
~nciEhborhood ~ san Francisco ana ON
Iug"t sound were never so active as
today. and other shipbuilding plants
projected are held in allegiance only he
cause OF the inability To secure reason
ahle assurances Of shipments ON marine
plates ana shapes. japanese buyers are
reported 70 have been able to secure
several additional small lots Of plates
amounting 20 about 1000 tons. FOR carly
1917 delivery and continue actively and
900 HN' NNAN Af| NNN AiNfNNAN L.WWNN
tons more plates Tor shipment in 1915
or early 1917.
rho steel trade continues to have its
attention Largely conferred upon export
huSln'SS. MANY OF th" new inquiries
come from Italy and Japan. Tho latter
country asks for tenders on J.. ono toms
on b'Ssemcr or open hearth win. rods
as Wei as for steel plates TtaIv is
taking bids on $4,000 tons ~ rails and
from 10000 Co $4,000 toms of steel
rounds. The allied government are
having continued difficulty in securing
W"nd FOR which is heavy. Canada v.oYId
.u'h additional purchases of wire rods
lu 'ils country % any wyr. available.
ana iS now receiving shipments ON con-
tracts Tor rods placed some tim, ago
az 50" "a ton az th, mill.
special mo'tu- of 90. presidents
I lh" subsidiary companies OF lie
I nll'd states steel corporation MAS hold
'st"rduy az - broadway. bong rr.-
tihlnarN d" tho tenth auuuu meeting Of
day. '