The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-17
NEED OF STEEL ABROAD
CAUSES ACTIVE INQUIRY
Russia. Japan and Italy Still
Seek Metal and Railroad
Supplies.

q Eentlemen's agreement recently en-
,ered into will give the American Bridge
eventually a contract for 5000
W io.V"0 tons Of fabricated structural
s!eei Tor the New York Central Hotel.
NO FORMAL contract has been closed. not
w''"s,andirg ruinors 10 this effect. and
u VIII be some time before details are
ARRANGED which will permit OF a definite
..e NC" tonnage being purchased. One Of
we importHn. questions TO he decided In
.onnection with the building Of tae hotel
~ "hether Dover will he derived from
the railroad company or from n plant
IN the building TO generate it's own cleo.
,rlct!. other details IN regard 10 the
rush are also still under discussion.
,nere seems to he no doubt. however.
maj when plans are comp,. ,e tire Amc,i
can Bridge Company VII furnish the
tractor.
The closing Of The steel contract for
re pennsylvania Hotel Is also dependen n;
upon completion OF plans. 4, IL now un-
derstood that only about 1000 rooms
VIII ne arranged for. but whatever de.
sign Is adcDted II seems certain that a.
'eas' $4,000 tons Of steel will he needed
anu poss'olN a large tonnage will be
USED. Provisions for obtaining power
apply 20 this contrac, az we'll AS To ,ha
of the New York Central II ia rder.
stood That Post a. McCord have yirtu-
any secured The steel ordered and that
me Shapes will be furnished by tn.
American Bridge Company.
The American Brass Company has nov
denniteiy closed the contract for the
nuiiding OF a Ilant at Kenosha, Wis,
winch calls for about 5000 tons Of fabri-
Gated structural shapes. the latter 10 be
furnished by the American Bridge Com.
parry. Westinghouse. Church. Kerr e.
%. received bids yesterday on the con.
Struction OF three buildings a. Marcus
HOOK. y. j., for the General Chemical
company calling for between 500 and
300 tons Of structural shapes.
the American Locomotive Compary
distributed contracts yesterday for s.7sI
tons Of foundry iron for delivery a, it's
schenectady works over the last half Of
this year. These went to several d.f-
fcrent furnaces. According to reports
In circulation yesterday some Of the iron
was obtained from Buffalo furnaces un-
DER us for No. . foundry at the furnace.
II is understood, however. that this liz
resale iron which has been pressing on
the market for a week or more. Penn
sylvania and other New York State fur.
naces will furnish a larger tonnage. how
ever. thar goes to Buffalo. II IL also
understood that between $500 and 1000
tons OF foundry iron has been purchased
for delivery at the Richmond. Va, works.
The American Brakeshoe Company
has purchased several lots OF eastern
Pennsylvania foundry iron for early
shipment to is Mahwah. y. J.. plant.
According TO rumors yesterday his iron
was secured close TO SEQ delivered for
ga to 3 per cent. silicon. The same
company Is also reported to ave pur-
chased between 5000 and 5000 tons Of
foundry grades for delivery at It's Chi
cago works.
sales of abou, 1000 tAas of Southern
| foundry iron warrants have been made
for export at s13 for No. ? foundry.
Usually II 10 dificult TO make sales OF
warrants for foreign shipment. because
exporters dcmand a guarantee OF analy-
sis. The sale was made on speculative
account. the holders having o~verstayed
their market. Alabama furnaces are
st.ll holding FOR sI4.so for No. ? foun-
dry AZ the urnace. hut there are rumort
tina, some sales have been made ~ S4.
II Is not clear. however, that the latter
is not also resale iron.
Russia. Japan and italy continue ac-
lively In the market for finished steel
products and for railroad equipment.
Russian interests put out inquiries yes
terday for several thousand car wheels
and the japanese Government took BIDS
on 500 car wheels. Italy is understood
TO ha1a closed for another small lot OF
foundry iron and IL actively negotiating
for more bessemer pig and for steel
rounds.
The American Car and Foundry Com
pany has taken several contracts Tor
car construction, including eighty-nine
car bodies for the Mineral Point Zin'
Company. Chicago. and draft sill com
bination sets for 900 cars for the North
ern PACING. This company Viii also
build a scale testing car for IN" hur-
lington. The Rutland Railroad Is max
ing repairs to $500 cars at its own
shops The Texas and Pacific Railroad
In taking bids or eight combination
bs and mail cars and Is expected
to put out inquiries IN 100 eaiiast cars
TN De,a,sare Lackawanna and West
ern Railroad has ordered forty-fve pas
senger coaches and ten combination pas
senrer and baggage cars from the Pull
man to he used In suburban
service.
The Southern Railway has placed a
,n,rac. with the General Railway and
signal Company for twenty-three miles
OF douhle track automatic block sig
mails between white and panville: va.
This road since March l has placed
contracts for 1880 box cars. includins
the 1000 box cars noted last week. I"
10 built at the Lenoir Car Works.
The Eastern Steel Company mas taken
a contract for $50 tons OF fabricated
At ructural shapes for the J. A, burden
residence to b. constructed at syossef'
l.. l.
The Chesapeake and OHIO RAILROAD II
still In the market for loo box cars
bu, the Missouri. Kansas and TeHas. "
IL understood. has withdrawn from tht
marke., prices recently obtained on
freight cars being deemed too high for
line placing Of contracts at This time
The Semple Valley Railway rs taxing
bids on twenty thirty ton freight cars
The Oregon-W ashington Railroad and
Ma yigation Company has placed a con'
tract for three small bridges TO be con
structed over Grande-Rounde RIVER, or