The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-02-05
IRON PRODUCED AT
NEW RECORD RATE
The Daily Average Output OF Furnaces
Estimated a. lo3, 500

NEW YORK. Feb steel companies
accepted much larger volume Of or
ports IL Is now estimated that the
United States Steel Corporation subsid-
nry companies increased unified OF
Iuers by approximately 10000 tons last
month. which indicates that new con
tracts aggregating 100000 tons for
various rolled products have been taken.
The output OF steel ingots was slightly
less that in December. due to less fav-
orable weather in the northwest and
70 one less working day. as compared
II Is a Significant fact that produc-
ton fpig iron today Is at "a new rec
ord-brcaking rate. The slight decrease
in the January production, as compared
with the output in December. Is attrlb-
uted 10 the banking OF furnaces I'm the
Youngstown district because of strikes.
The output was thus cut down about 40
GOO tons, whereas the twelve furnaces
5 N ~ were blown in contributed nearly
wording To the Iron Age" records. tho
oaily average production OF coke and
AN Snss Bra pig iron last month % oo5
tons "a day.
over the report that France De- ncgottat-
Ing with the United States steel Cor
poration for 100000 tons u steel 70 be
shipped az the rate OF 55u.Ouo tons per
month over the next year. When n is
considered that this Is nearly one-third
OF the entire productive capacity or the
skepticism Is naturally aroused II Is
understood. however, that negotiations
gate. or about 10000 tons ptr month.
Undoubtedly tho French requirements
vare much heavier Larger contracts VIII
eevntually be placed. but under present
conditions II would seem uuvi-e. To- say
the least. for the corporation 90 execute
such a contract with a SiulI" foreign
country when home demands are so
extraordinary and when capacity -
largely sold FOR the first six months OF
Another inquiry for 800 900 tons OF
round steel bars for export 20 France
came into the market yesterday. making
steel companies in tho last fiN, DAYS
$4,000 tons. This ia exclusive or the
Works have been neEotiHtiul. The
british government is etil actively IN
the market and is understood 20 have
placed "a few contracts calling Tor sew
c-Hl thousand tons OF steel
The Russian government ls AGAIN
actively ncEotiafiu- Tor IN.NNN u" i'.-
that about 10000 tons have been yir-
fually closed Tor export fu France. hut
details are lacking Tho thre" rail millS
OF the Carrs Eie steel Company 1f E"s-
senior arc reported 90 have succlt'atinns
which viii take up capacity Tor lh'
sale shave been made rDr delivery over
the third quarter ,f the current year.
The Delaware g. Hudson railroad has
placed "a bridge contract calling for 'N'
sylVarIn steel Company. Tho I.uu- gle
NanIt railroad hH- given uu 'f.r roy
" small span requiring 100 tons ~ steel
90 Lewis D. -iHUrIHe.- He GO Tho EIl-
timorc a. Ohio railroad RECENTLY IIr-
chased 500 steel car unierfrau.~ ang
the contract for the $500 tons ~ steel
required has been placed with chi
ago mill. THE Eie Four railroad has
placed contract for ffft"n steel cars
with the Barney a. smith Administering
COMPANY.
The Ford Motor COMPANY has closed
contracts Tor 90. 600 tons OF foundry iron
with Detroit and Toledo blast furnaces
for shipment mainly over Oh. last half
81 this year other heavy sales oi
fouDd~,. iron are reported in fh. '|.Nr-
Land district. iu lots o. from 600 90
1000 tons. Some Hddif .nual LARGE COM
tracts for fulrdr NIrpu IHNc also been
closed hv f.rrp.. AGENTS 300 Cincinnati
F1r eriuum.rf into Nfrrirru. Ohio and
Indiana over Cd. 'i"i ntIi tHi I.liI
0uarfer OF the year. Sales reported
fu tho past week amounted fH about
81 600 tons. ln tHs''ru f"uue D. anna
ono contract for .H 600 tons or basic
iron d. under negotiation.