The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-04-26
Big Pig Iron Inquiries
Prove Spur To Buying
finance Not Yet Ready to Place Orders
for orsat Tonnage.

NEW YORK. April 25.-It developed
Yesterday that the original inquiry for
pig Iron from the French government
through J. 4. Morgan n co. was OF a
tentative character. The government
Ahts wanted to know how much pig
IRON could be bought and how soon de-
neNeries could be MADE IL great pur-
chases OF metal were necessary. The
inquiry was put out broadcast 20 nearly
every manufacturer OF steel making iron
IN this country. as well as to numerous
AGENTS II caused unusual excitement,
- gave the impression that a much
heavier tonnage was required than will
PROBABLY be bought in any event. \ cable
inquiry Tor more definite Information
brought out the response that purchases
would not exceed 5000 TO 10. 600 tons a
month over the balance OF this year
Win possibility that no purchases At
al would DC made The impression pre-
walls here, however. that the French
toNernment viii eventually purchase
from 10000 to loo. 900 tons OF speciaI
bessemer and low phosphorus iron
IN this country. but the deliveries may
be much further extended than was at
-Other inquiries for steel making iron
nave come from large steel companies
IN france, a. well as from Italy. and
10000 tons. II viii be recalled that
Great Britain last year produced $. TgS-
.Ss tons OF pig iron, all kinds. In 1914
me BRUSH output was a little more
.han 100000 tons. while in 1918. be-
Tore the influence Of the war was felt
tons.
SUM Is no longer a factor As FAR as the
allied governments are concerned. The
output In France has also been heavily
reduced because the iron producing dis
tricts are in the hands OF the Germans.
peer the circumstances IL is believed
,,nat Europe must sooner or later secure
large pig Iron supplies I'm this country.
ana where II Is a case of necessity even
INC eNorbitant freight rates will be paid
the consuming interests
italy has purchased quite liberal sup
phes OF pig iron and scrap In this coun-
try already, but for various reasons
shipments were withheld until there wss
severe congestion in tho north Allan
TIC. More recently the Italian govern
inent took hard IN the moving OF pig
IRON from this country TO Mediterranean
ports. and some liberal supplies have
been secured TO the Italian steel works
IN the Last month. In this connection II
i interesting TO note that the output OF
Ilg iron In Germany. too. has been heav-
liy reduced. nearly 80 per cont sine.
1913. Last year the German production
OF all kinds ~ pix metal was "A little
, more than N. 100000 tons. In 1914 NOR.
than l4ooo.uou tons were produced
", MnilS IN 1913 the German output was
w excess ~ -o.-Ou. oo' tons. Industrial
t.guircmcnfs in an of the European
couhtri"s. outside OF. the manufacture OF
reduced
The principal erect 81 the large for
elsn injuries for pix iron iu the last
consumers 10 place larger contracts Tor
hnSic and hoSscmrr I tal deliveries or
winch VIII extend over the balance 81
1Lis year ana The first quarter OF 1917.
One large steel Interest ir tn. central
west mas just closed for - .uUu tons tx
metal FOR shipment running over IN.
nIst quarter OF next year. and the Beth
iehcm steel company. iu an effort 70
It'iiho prs own output. Ea~ purchased
i-u"v tons ~ basic iron from ID Lehigh
N-lcy furnace Goo Doe applied con "a con-
tract entered into some time sine. with
the Luken~ Iron and steel company.
-llvcrCd.