The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-01
STEEL FOR RAILROADS
TO COST %S2O,5OO,OOO
Finished New Equipment Or
dcred Calls for Outlay Of
About S35. ZOO, 600.

ders for which were placed In February,
a little more than 100000 tons Of rolled
steel products will be required. Most Of
the contracts for the steel have already
been awarded. At an average price OF
$50 Il net ton the steel will cost $20.b00.-
900. The finished equipment calls for
IN expenditure Of about $S6.0 0 200.
The rail mills have taken miscellaneous
contracts for about IL. OOO tons OF STAN
dard section rails in The last few days
from domestic roads. and II 10 understood
that about 8 10000 IONS additional have
been sold for export-presumably to
Russia the contracts being divided be-
tween two or three Of the mills. The
total contracts for rails placed In Feb
ruary, assuming that this export busi-
ness was closed. was $50. 900 long. Al
though the normal asking price Of stan
dard section rails II S2s a ton Z. o. b.
mill the changed specifications In most
Instances require the payment Of n pre-
MUM Of at least 81 a ton by domestic
roads. while export business commands
even greater premiums. Assuming that
$50 "A ton is the average price paid for
standard sections the February contracts
will bring to the mills about $500, 900.
The wabash Pittsburg Terminal Rail
road has ordered $50 gondola cart from
the Pressed steel Car Company, making
the total February ear contracts 1t.a4a.
which vii, require about 10000 tons Of
rolled steel to build. Most ~ the ears
ordered are TO be constructed IN mer-
chant shops. but n moderate number will
also be built at the repair shops ar rail e
V..tZ IL ia .Sft,,..uJ t1us IN. J-.lyttarS Z,
car contracts cali FOR the expenditure
Of sli.ioo, 600 by the railroad companies.
Locomotive builders secured contracts
for $40 engines IN February. This +
the largest number OF engines ordered
in any one month by donest.r roads
since February, 1913. Ia June. 1915
there we're orders for 52l locomotives
bu, about 500 We're for export. TIL,
| contract prices for the locomotives OF
dered last month aggregated about sl2,'
>io.ooo. About $4,000 tons Of steel T.
various shapes will he utilized In th'
construction. II Is understood that thu
| locomotive builders placed contracts for
! between 10000 and $4,000 tons OF pl
ron during the month. The latest ordel
placed calls for three engines tor th'
Central Railway OF New England. II 4
reported that these will be built AT thu
Baldwin Works.
The railroads also placed In Feb-u
arv orders for $4,000 tons of Dridg
work and about 5000 tons OF tract
supplies and miscellaneous structura
steel. /; IL estimated that 81 100000
viii be pad for the bridge work aa'
sl.j0o.o0o for the other material.
The Harlan & Huliingswvrth Corpora
ton has recently aiken another contrac
for two merchant vessels and the Luck
enbach Steamship Company Ia said q
have ordered another ship, 10 be bull
at Seattle, making "a total OF twenty
two boats ordered In February from tn
Atlantic and Pacific coast and tn
great lakes shipyards. II Is estimate'
that about $40. 600. o0o vii. be paid 10
these ships and that 10. 1000 tons Of stee
Will be required In the construction.
A contract for 1000 tons OF structure
steel has been placed with Worden
Alien for the building OF the Milwaukee
Athletic Cub at Milwaukee. Anotne
~!udsendeut fdbr!cator has taken a con
tract FOR "2J tons of structural shape
for TN. Hotel Seneca TO be constructe
al Columbus, Onto. II Oreson-tth
sugar REFINING Company has placed
contract for "a sugar factory 10 he con
strurtri In Titan. The order. calling IL
300 tons o: structural steel. went ,
the Minneapolis steel ana Machiner
Company.
There was q. sudden and ~unexpecte
revival IN steel building activities IN IN
metropolitan district yesterday when nj
merous Inquiries. which a lain dor
niant for many weeks, became active. |
Is estimated that contracts for more tina
twenty structures. mainly loft building
hotels and apartment houses. each cal
ing for 400 TO 1900 tons, OF fabrtcate
structural steel, are on the point " bein
closed. Five or six similar contracts ar
pending IN the Eastern district outsid
the local territory. Among the principe
local contracts likely to be closed tn
week are the Union Square loft building
the Waite apartment hotel and the Pa
mcr loft build ng. Cakes Bros. OF Bloom
field. y. j., hay. placed an order for
building requiring $50 tons OF structur.
, steel with the IIedden Iron Constru'
ton Company.
The American steel and Wire Con
: p,ny mailed notices to customers la
night 81 an advance of 81 a ton In Il
VI NN''l W. |" wv
Wire fencing, however. was advanced
points. which is equivalent to $3.50
ton. There are no fixed prices on vii
rods, either officially or otherwise. Fac
day. apparently. brings Il new pric
Some recent sales, however. have be.
made at $40 a ton Z. o. b. mill PtttsbuI
; base. Wire nails to-day are held
: 2.40c., plain wire at 225c,, painted hal
e wire at :.jJc. and galvanized barb wi
at 3.25c. IA pound. The National Tul
Company advanced prices OF all sizes
standard pipe up to 1? inches y a ton
There Is muoh concern t~hrouShout II
!, steel and iron trade in the Eastern teri
Y tory over the traffic situation, which a.
pirrntly Is still sadly demoralized.
> !, is difficult to keep track of the railros
cmparyoes against shipments or fre's
r into the New England territory. Thu
r are lift,i and renewed every few day
TIE Pennsylvania Railroad has again 4
tahlishrd an embargo on coke shipmen
into New England and IL accepting ir'
and steel products only in less tina "a
load lots for New York stations. whi'
means piers in the North and Ia
! rivers. but "a close embargo Is mai
y tanned ON all freight for lighterage
, New York harbor. either for export
for domestic shipment. Yesterday q
t. Central Railroad Of New Jersey lift
its local embargo against reign (