The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-02-25
Animation and Buoyancy, with Rising Tide Of
!. Prices; Another Jump in the Price Of Tm-plate

NEW YORK. Feb. Inflammation and
buoyancy evident in all branches OF the
steel industry continue 10 be expressed
In rising prices. The American Sheet
and TIN Plate Company. following the
action Of independent companies. has
announced an advance OF IS per cent n
box on tin plate. This makes the Off
cial price 50 a base box. which Is IS
cents = box below the highest point ever
touched. on August 6. 1883. but July Il.
1893. the official price was S4.37l. a
base box. Manufacturers OF rivits have
advanced prices 50 a ton since last sat-
urday Structural rtvets are now sell
Ing Al , cents and boiler rivets at $40
cents.
The United tSatos government report
covering exports OF Iron and steel prod
ucts last year set at rest the contro-
Nersy concerning tht percentage OF for
eign a. compared with domestic ship
ments. According TO the returns OF the
Bureau OF Foreign and Domestic Com
merce. the exports OF Iron and steel.
which are given In tonnage form. I'm 1915
aggregated 3,5l3.453 tons. Total ship
mcnts or steel PRODUCTS into both 90
iiestic and foreign consumption last
year are estimated at 2f.OOO.0OO tons.
thus indicating that exports were llls
per cent OF the total distribution. II
should be remembered, however, that a
large tonnage or steel was taken By do
nestle manufacturer for the anufa
ture of pro!ectilss designed for export.
but when the shells were shipped abroad
they were referred 70 as explosives and
NAH ANNANNNAAAANN NAAAA III ANnNN MAJ
given rather than the tonnage Of steel.
The sales OF steel made for export in
1913 are estimated TO have been betWeen
100000 and 10000 o tons. hTc total
sales OF steel products by all steel COM
panies last year are estimated TO have
tons. so that the export bushes was
approximately % per cent OF the total
sold for home and foreign consumption.
The Alaska Engineering Commission
viii receive bids March q on 5000 tons
standard section rails and ON the plates
and railroad spikes. other rail con
tracts pending Tor domestic shipmunt
aggregate 10000 tons. The Bessemer
and Lake Erie Railroad Company has
ordered twenty locomotives from the
Baldwin Works. The Southern Pacific
Railroad Company has placed supple
mentary orders for :ss cars.
The rail mills have taken additional
contracts for between 5000 and 10000
tons OF standard section rails. and sew
eral thousand CONS OF light section and
the central west. The latest contracts
closed include 5000 tons for the Long
IS,Aha iNailroau company. Whlch VIII De
rolled by the Lackawanna Steel Com
pany and the Bethesda tSeel Company.
] covering 5000 tons OF 100 10. and 1900
tons OF so no. sections. The Mouun Rail-
road has given an order for 1000 tons
Of standard sections to the ~Iullinonis
steel Company. Miscellaneous lots
amounting 10 about 1900 tons are also
reported In the central west. while the
tennessee Coal. Iron and Railroad Com
pany has received specifications nn
about 10000 tons OF rails FOR the Central
Railway OF Georgia. contract FOR which
was placed some time since and preNi-
ously reported.
The merchant Shipyards on the Allan
tic coast and great lakes have now 27j
merchant vessels under contract. This
includes the four ships above reported.
According TO the recent report by the
United states government. only 23U boats
have been ordered from merchant years
In the last year but the government re-
turns were not complete. Neither OF
these tncludes the fifty-two
boats under construction in government
and merchant yards for the United
states navy. details OF which have been
noted previously. At is estimated thta
the 215 merchant ships now under con-
tract require about 1000. 600 tons Of
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