The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-02-28
Steel Mills Refuse Half Of New Orders; Booked
Contracts Now Call for $4,000 Tons of Metal

NEW YORK. teb. z..-Expectatlous
OF further sharp a4t4ucv ln p.4ces, as
oi steel product actNeiy in tine ula4Aet
last wees 10 cover requirements IUr
uehEtries - lar forwaru a. Jne steel
mas ,oulU De suuu.tl Co accept Cuu-
tracts. IL .s esUmattI tnat uturis we're
D.uhtu talung -ur oau..uu tons OK steel
~pfo-u-ts, Wnicn a. ala aNcfaso price ot
i4y per tuu a4ctu. tnc cAsculturc or
s--.s'',vuv. some larsc contacts were
acpcptrU Tor .eAsl.y over tuc tlr-t
en- sI~4es i'""-rtA OF we pro4Atta
ana steel pipe, uoNcNer. are COuIiuing
-con-uners purchases 10 nearby ueAs-
err. safes OF o5y,uUu tons last wees lu-
u4catr tuat contracts bouked wore $1,000
tons lu excess ot MIA capacity fJr The
same period Contracts oIeied Tor fully
tvutuiH tons OF Narlous IouuC we've
refused by the steel companies. In tnls
connection % should be noted that some
OF tup inquiries Tor bl4lcts aud steel
bars ordered ia the manu4actura of war
munitions offered b. second haucs are
NOT considered seriously By tine mills
unless the PROSPECTIVE buyer can snow
e%NIdence OF uuI-mpcachaDle credit Iu
Europe.
Railroad companies last week placed
contracts Tor 10000 TONS OF rails. Tor
4lt+ cars. Tor % locomotives. Iog 5000
tons ~ bridge wprh ANA Tor 10000 tons
OF LaeN supplies, edllhg Tor "a total OF
"a little more than IuU.UUv tons OF rolled
steel lnc contract Prices rur Jufs quIp-
W,ut assttsated aboGs Slu.5uu 600. lu-
gliding a utue less than St.uuu.uuu Tor
cars, more Than S5.UUU.UuU Iut lucomJ-
tiF's. Al.-hv.uUv Tor rails, S-JU.uuu Tor
supplies ANA miscellaneous equipment.
Merchant sLipbullders booked COM
tracts last week Tor seven boats. four
or which Wlu DE constructed uu tut
AtlanIc coast and the others on tHe
Great Lakes. The contract prices aggre-
tuu OF these boats calls Tor $4,000 toms
OF steel orders Tor which have bvtu
0 LL 49,. 90 I LL
1900 tons col steel plates and shapes .s
pendius for the construction at tank
boats. orders for which were placed -,,-
'ial weeks ago
Railroad equipment contracts stfn
p'uding viii require about 100000 tons
ut rolled steel. Including 100000 toms OF
rails. 100000 tons tor car uu.loiu- and
10000 tons for additional mutIN. power.
ne car contracts under negotiation lu-
Ic44Ne nearly 5000 Tor tuD tN|tlE. and
N~urthW e-tern. 1900 for lac tI.uof- ,-n-
traL 400 Tor the Bcsscmer and Lake
Erie. 1000 each Tor the LchiEu Valley
and New NHTh CHutral-tuC latter road
u.s. expected 90 order several Thousand
HdlUouUl-slu for The agleI-s4tts-
burgu Terminal. 500 for the Baltimore
and ohio, 100 Tor the Chicago Aiilwau-
vice on the Atlantic Coast Line. Great
Northern ana one or Two other roads.
Among The principal contracts Tor mo-
ave power iur domestic railroads rDul-
lne are those for seventy -s,N,u lucomo-
system which Includes twelve For tae
81 Paul Minneapolis and omaha. sixty
nN, Cor tGe Baltimore and ohio. utlg
Tor tht NrW Haven. thirty FOR the ST
Louis ana SAN Eauciseu. fifteen for Che
Lfie ana th.fty Tor ml-re..au,14 roads
The Central Railroad OF Brazil De- ALSO
iu the market for thirty locomotives ana
other export contracts are developing.
'Iu the aggregate 300 ADDITIONAL sr-.r,-.
. i" .- "L- ed O. #-- .- HL