The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-22
UNFINISHED SHELL
ORDERS ARE PLACED
Russia and France Said 10 he
Following Italy in NUM-
ton Contracts.
BRITISH IN MARKET TOO

he mainly centred in export sales and
inquiries for both semi finished and fully
finished products. In the last few days
there have been inquiries for Ave or six
different lots Of large rounds and squares
and for forging billets. running from
5000 to 10000 tons each. Several OF
these inquiries I'VE developed into actual
business for shipment during the calen-
dar year.
No large sales have been made, but
probably between $4,000 and 40. 900 tons
have been sold In the aggregate. half Of
which tonnage is for direct export. The
inquiries have been for steel to be used
In the manufacture OF shells running
from 90 to II and 12 inches in diameter.
one or W lots. reported TO have been
placed by J.. L. Morgan & Co, are for
export before November !. The rela-
lively small transactions are due to the
inability OF the mills to make shipments
except in small lots this year
II the steel were available probably
10000 to 10000 tons could be sold i'm
mediately for shipment TO France. An
interesting report was put out yesterday
that both the Russian and French gov
ernments are following the example OF
Italy in placing contracts for steel to be
MANUFACTURED into shells abroad. ire
spective Of J. =. Morgan & Co, who
have handled the bulk of the large tom
nages heretofore, that is. within the last
six to eight months.
Bartlett, Hayward & Co. Of Baltimore
recently took a contract for the British
Government for 200 900 8 inch high eX-
p.osive shells for field guns weighing
about 100 pounds each. and II Is UNDER
stood that the l6 600 tons OF steel f1rg-
ings required were obtained from the
United States Steel Corporation. This
firm has recently completed a contract
for 1000. 900 or more 3 inch shells for
the Russian Government. the order for
which is understood to have been placed
last year.
Few new contracts for high explosive
shells are being placed with American
manufacturers OF war munitions. ana
options on several lots which would each
require 5000 TO 1000 tons OF steel
have expired. because deliveries have no;
been made on previous contracts IN the
time specified. some old contracts. how
ever. ave been extended and additional
orders for projectiles may be placed
when the original contracts have been
worked out.
7 p. Morgan 4 Co. thus far have re-
fused to place any contracts for shell
steel FOR direct export for delivery after
1fil'itfN - - alAAipL6h nv "
ings by American mills OF quite a lib
cral onnage for snipinen; during the
/, hrst quarter OF next year. m some OF
, the recent contracts for shells slight,
= lower prices have prevailed. but the mills
have made little reduction in the price,
81 large rounds and squares for this
purpose. There Is still a wide variation
in the prices ~ forging billets.
I.
YsrarAAp asa.t rnss'a p estis aretyaNy
negotiating with representatives OF the
Russian Government for between 10000
and 100000 tons Of rails. and II Is eN-
, pected that negotiations will he brought
TO n satisfactory conclusion before the
end OF the month. Several additional or.
ders for small lots of standard section
rails running from 1000 to 1000 tons
: each have been placed in the centra'
, West and negotiations continue m AZ
aggregate Of about o.. 900 to 10000 ton.
. for neNt years delivery that Is. for
shipment In June and July. 1917.
> II IL rumred that Russia 10 on III,
1 point OF distributing orders for 600 iC
1000 locomotives among large American
builders. including those IN canada. a:
well as In the United States. Negotia
tons. II will be recalled. have been NOR,
o- less active for several months. II t.,
: full number is ordered about $50, 600 ton.
q OF steel Will have to he purchased
: against the contracts. Japan and Ital!
continue 10 place orders for car vince!
and car aXles with Eastern manufacture
ers. The Baldwin Locomotive Work
will build one engine for the Louisiant
: and Pacific Railroad Company. tw'
: consolidated eng!nes for the McKeespor
, Connecting Railroad and one freight en-
y CINE for the Deer Island Logging Com
pany.
!, The contract FOR a highway bridge {,
te constructed at Sacramento, cal
placed by the state Board Of Reclama
ton. will he Of concrete and steel con
. structior. Only about 100 tons Of bar
will he required. whereas about $50 ton
Of structural shapes would have heel
: needed II the order had bees placed 70
all steel construction. as originally con
templated.
.s The Code Gate Iron Works has -
q ceived r. contract for ESQ tons OF fab,
Gated structural steel for the Rosenfel
Theatre to be constructed at San Fran
cisco. The Decatur Bridge Compan,
Decatur. H.. has obtained a contract 10
" $50 tons Of fabricated shapes for tn
n Lehman building at Peoria, III.
d There IL moro pressure to sell South
= 'Iu I'k IVu diltS w bIVSuldtoIb !
" Eastern territory. No. 2 foundry iro
warrants are still available at $l3 an
h about 1000 TO 5000 tons of No.
h foundry iron warrants are offered n
$3.50 Birmingham for prompt shin
: ment. Little II any furnace iron. how
ever. is being offered under so for No.
" foundry.
= II In estimated that orders for role
steel products generally are being re-
ceivcd by the mills equivalent TO abou
60 per cent. Of total capacity. but
considerable portion OF the falling OF
IN business from home buyers Ia be!n
X compensated by the larger export con
tracts. There In reason TO anticipat.
- however, that some Of the large foreig
business reported to have been close
will not figure In tho June statement.
Consequently a liberal decrease IN tn
n unified tonnage will not be surprising
" especially as some OF the indep~nden
steel companies are making \ gain |
output and larger shipments agains
;. contracts. The largest interests. II
If understood. thus far In June rave pre-
"a duced less heavily han In May O
"A in March. which months operations wer
- r.,nr1 hranLinD