The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-10-05
DEMAND FOR PIC
IRON CONTINUES
IN ALL CENTERS
SteeImaking Grades Partic-
ularIy Active and Prices
Still Acknowledgements
ern Situation Stronger

Cleveland. O., October 4.-(Special)
The Iron Trade Review tomorrow will
say:
All leading eenters report a contin-
uation of heavy buying of pig iron
All grades are represented, but the
demand for steel-making irons is par
ticularly strong and prices are ad-
vancing rapidly.
In the Pittsburg district minimum
quotations are $3.50 on basic and
$2250 on Bessemer, and further ad-
vances are expected at any time
Among the large basic tonnages re-
Gently placed are $4,000 by the Central
Steel company. Massilion. O.. with a
Cleveland furnace; $4,000 tons by the
Republic Iron and Steel company
about $4,000 by the Andrews Steel
company. and 10000 by the Cambria
Steel company. In the Philadelphia
market transactions have amounted tc
more than 100000 tons during the past
few days and included an unusual
tonnage of southern foundry irons
One southern company has sold 140,-
600 tons of various grades, including
100000 tons for export.
The southern situation, as a whole
is much stronger. Higher prices have
resulted from the improved demand
On top of the large tonnages taken fol
domestic consumption is the heaGy
buying by j. p. Morgan & Co. apd
others for export. Orders recently
placed by a New York firm for ship
ment to France and England are I'M
derstood to have amounted to fully
10000 tons of low phosphorus and JBes-
semer grades.
Italy, Holland, Norway and Sweden
have recently been factors in the mar
ket. Southern Ohio furnaces have
booked round tonnages of Bessemer
for export.
RAILROAD BUYING
The contract which has been en-
tered into by American capitalists to
build a railroad of 100 miles for the
Chinese government, will call for 100.-
900 to $4,000 tons of steel rails which
American mills will have chance. to
book if they are able to give the de-
livery which will be required. Car buy
ing in September amounted to 14,500
cars, which was the largest number
of any month this year except Janu-
airy. Buying of rails has been light.
IRON ORE
The vessels of the Great Lakes con-
tinue to make a wonderful record. The
shipments for September amounted to
9,600.IS~ tons, making the total move-
ment to October l 4S,S16,650 tons, an
increase of 14,146,0S4 tons over 1915,
and Indicating that 100000 tons can
bemoved during the season without
difficulty.
BARS
The demand for steel bars continues
strong from all consumers except au-
tomobile manufacturers, who, in some
cases, have cancelled considerable ton
nages While various explanations,
more or less plausible, are offered 1t
is evident that buyers are not as acc
tive as they were sometime ago.
One large eastern platemaker has
booked orders amounting to from 50,-
900 to $4,000 tons of plates, mostly for
newships.
Pittsburg plate requirements for TO-
900 cars are being figured on. The
American Car and Foundry company
and other important buyers have
placed orders literally.
An order for 5000 tons to replace
the section of the Quebec bridge re-
Gently lost is soon to be placed and
the steel will probably be furnished
by the American Bridge company. That
company has booked $4,000 tons for
the New York Central hotel in New
York The question of delivery is an
important factor in many pending
projects.