The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-27
NAILS FIRST WANT
OF ARMY IN MEXICO
Reported Government lngui-
ricS for 5000, 900 Tons Of
Metal Not Credited.

Metal Not Credited.
Interest IN the stee, trade Is centred
mainly III prospective orders for war
munitions. either from the United States
or foreign Governments. II is pointed
out that the Washington Administration !
IN the recent campaign for preparedness
Was furnished with data " In.
exact position of all the American in
dustrics engaged IN making war muni- |
ions ~ other material which might be
utilized by the United States Govern-
inent. Under the circumstan noes, little |
credencc was given yesterday to the
rufnor that there were inquiries for
100000 tons of all kinds of metal III
the market from 'hc various departments
OF the United States Government. Tn
only tangible Inquiries were for small
lots OF wire products, including several
urgent Inquiries from jobbers for three
sizes of nails. 20 to- 90 penny. In COM
mon %pIrlancc, these nails are spikes
which are probably designed to he used
III constructing pontoons or other tenn
! pordry bridges. Wires were sent to
P%ittsburg yesterday to determine how
promptly such orders could be executed
by the American steel and Wire Com
pany mills.
Official seals have not yet been affixed
to the large rail orders for Russia. as
there are several details yet to be ar
angel before the contracts are fully
consummatcd. II is believed. however.
that details covering time Of shipment
will soon bc satisfactorily completed.
The Norfolk and Western Railroad
has given an order Tor Two small bridges
. rsBpirtpp uUp toms af gfrststurul stool Ia
the American Bridge Company and the
Sew York Contra Is about to place a
few additional small orders with an in
dependent mil. The Phoenix Bridge
Company has been awarded a contract
for $50 IONS OF structural steel for the
l.. T. Stotcsbury residence in the Phila-
delphia territory.
Some Eastern railroads have threat
encd to cancel contracts with the steel
mills for car aNles II shipments are not
made Immediately. In some cases rdil-
ways have been obliged to wait more
than four months 10 obtain shipments,
some automobile manufacturers also aye
suffering from long delay Ia the shipping
Of material by the steel companies, iu
some instances the financial ,mharrass-
mc.t Of the automobile manufacturers
has resulted. and there is fear that
others may be financially Involved u
material IL not available in the near
future with which TO continue manu-
featuring plants even In moderate opera
ton. TINS applies OF course to some OF
the smaller concerns rather than to the
great companies that are strong fnan-
,ally. having built w a large surplus.
TIE large American ordnance manu-
fa,ture!s riy. been receiving very few
,,,.trn. n..... r.sapfiN and CONSEQUENTLY
have few orders TO sublet TO smaller con-
r,rr.. /. me INSTANCES contracts that
have he. ARMED out have been again
taken OYER py the large manufacturers
because contracts have not been COM
pleted IN the required time. Accord
.ug - European military authorities
u1W IN thla country tnrr" j. small proc
p.,t that additional large contracts COR
ordnance "lll VA placed IN tbs country
In the near future. The same statement
also applies to war munitions, such az
hlgh explosive shells and bars and hilleis
used IN this manufacture IN Europe. ON
-h@ other h1Al. American interests point
out tina, tho French War Minister some
time ago limited the placing OF con
tracts in this couutrv 20 deliveries hF
the end of December this year. N"''
wi,hs,aw,l.ug tn's lt is known thst two
substantial contracts for France nave
been placed IN this country for delivery
ia January and February. 1917.
p Word comes from the Central West
that, because of the smaller nu'nh'r "'
contracts hoiug placed for 't'ricite,
structural steel. producers VIII" PLACED
, large contracts for p!t,u m''eil'l S"v,
eral months ago ar" s'liinE TN" shanc'
r in tho open market AZ suhslhn'lh pr"u,'
, on Nh prices pad cary 'nl' y'|, ~
tho Eastern territory th, belmont irldt'
/ Company took 4 number at c"utrtt''
for PLAIN material w tn" last month ct
six weeks. The prices h"iug reaIl%,'
for this res1ld material are said to be
los than the base price un"u whl'l
. fabricated shape are being SOFA l'