The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-05-04
DELIVERY OF RAILS
ASSURED To ROADS
Manufacturers Accept Contracts when
Convinced Lines need the
Material.


Material
NEW YORK. May "a number OF
railroad companies that were urgently
In the market for -aIls before the first
OF May and whose applications were
ffowned upon by the manufacturer seem
10 have convinced most OF the rail mills
OF the legitimate character OF the iu-
qciries. The result l. the placing Of
additional contracts for 1917 shipment
SAID to asgresate lso.o0V tons. but
specifically thus TAR About half OF the
additional tonnage was taken by the
United states steel corporation mills
aeps ndent companies. Of which ABOUT
$4,000 tons are 10 be rolled at Stee.t1n
and $4,000 tons additional have gone
To the Bethlehem steel conpanX and
probably as much more TO the BInalo
mill.
Among the additional sales We're go
veO tons FOR the Chesap ,ak- and Ohio.
10000 TO 10000 additional for the south
and West Point and 10000 tons more
Tor the Chicago and Eastern Indiana
a recent canvass Of the pig iron sit
uation shows that Their. are about IS
consumers In the Eastern territory who
usually purchase their metal FROM Buff
their requirements Tor the second half
OF 1916. some OF thes. meters are
now actively In the market and will
probably close contracts during the
current week. sales were reported yes
tcrday OF foundry grades agregating
Zoo tons for shipment over the nrst
quarter OF next year. Most OF the bust
ness was taken on "a basis OF $40 to $50
Tor No. : at Buffalo. tn. recent drive.
Whlch developed Prices about 81 per ton
less; seems TO have Affected the general
market but slightly.
II II reported that most 81 the spccu-
lative stocks OF 81 gifon carried At Bur
falo have been disposed OK but consider
able metal Of this character - -tlll FOR
sale at Chicago and Cleveland. The
uuerins OF this iron has held back The
general market soms<shat. hut appar-
entity demand will be sufficient 10 att
sore these supplies. Recent sales of
southern warrant iron have been made
at concc ssIons Of SO cents per ton from
furnace prices. mainly for prompt ship
ment.
The new fabrica'lng shop being con-
structed By the McCliutic- Marshall CON
struction company al fottstuwn. Pa.
Will have "A capacity OF about 5000 tons
a month. This h. almost double the
capacity OF the Old plant. which was
rated At 5000 TO i.ooc tons monthly.
time. and II II anticipated that the new
plant VIII be ready for operation IN
about six months. II viii require con
siderable time 10 obtain and install the
new machinery. contracts for which
were placed some time since.
placed e. contract for a.I5g tons OF Z
10 tN-inch east iron pipe with the United
states CAST Iron Pipe and Foundry
secured an order for 905 tons Of , TO
5"-tnch pipe for Jacksonville. Fla The
award on the latter was made on the
basis OF S@s a ton delivered.
The United States steel Products
company. the export subsidiary Of the
nitcd states Steel corporation. has
taken several additional contracts FOR
harhcd wire. aggregating 1000 tons FOR
shipment into the war zone The recent
failing on IN orders FOR wire products
from domestic manufacturers gave an
opening lu April which was readily nllcd
with foreign contracts. because OF the
additional EXPORT sales thr orders and
specifications taken by the American
steel and Wire company ma April are
understood To- have run very close To-
what they were IN March. The ship
incnts also last month were very heavy.
one interesting development IN the
Eastern territory. especially m eastern
s'mi-huiShed steel at concessions from
prices that were current - Nefal weeks
ago An Investigation shows that "a com
siderable portion OF these offerings is
~ al" up OF the crop ends iu making
shell steel bars. II will De recalled that
according 20 specifications the steel
round steel bars Tor ammunition call for
discard Of 3" per cent from the ingot
3
cent ~ this steel goes into scrap. The
remaining 20 per cont tS considered a.
posse -sing commercial qualifications
outside of the manufacture 81 high cN-
Elus I've shells
steel az This character has been Of
fered in lots Of $500 20 5000 tons 100 the
last fcW week.. and naturally sold az
concessions. The offerings IN the aE-
gr'gn'r are said Goo cover ~. 900 To -5-
. 600 tons Word comes from Hittsburg
also Of the offerings OF reSai. forging
billefs n prices ranging from SOS to sos
"a ton. Resale forging hillets have also
Doe % offered ln eastern Pennsylvania at
about S'h 90 fGN Ter ton Pittsburgh base.
CHICAGO May Hors-E.c,tpts
.s.ooo; steady: bulk. g. 20 "a 80. light.
50 80 ff o 30. mixed. 81. % 1855. heavy.
g 3ofi a.S5. rough. se.2Or9.f5: pigs.
g. 2ga 90
beef -f'sI-. SIS 90 ~ @ 90. sfo,kers and
feeders $500 go; cows ana heifcrS.
SO o. ff o So. calves SG.2ssiq2s
Sherp--B Receipts - 000. weak. vcfh-
.rs. -. fl $50. ewes. s. 25 ~ 900: lambs