The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-09-27
IRON REVIEW
pITTSECRGH. pa. Sept. 20

PITTSBURGH, pa. Sept. "6.-The
Iron Ago will say tomorrow
Price fixing for The fourth quarter as
announced from Washington Tuesday.
Fought some surprises aS I" details
not 10 rwu featur"S--an adtanc"
H. tn" merchant furnaces making basic
and foundry pix iron and II refusal l"
make any advance on finished steel pr".-
acts.
lake Superior iron "r" prudu'HrS
asked for 30 more and were granted
2Ic, IN tho ground that The +1C advance
given them thrr" months ago was MI
absorbed IN higher rail trcigntS. East
"rn iron ore producers had expectations
1T sharing i'll thu ore advance. but TINS
WAS denied them. and all. other ORA pro-
duc"rs uut/idr III" lake districts.
BY adopting Birmingham and Fills
burph az Iiig IRON haSiHg points. advance
INK basic and foundry. IRON : II tom
and limiting th- Pittsburgh hHS!ng t"
furnaces north If III" Potomac and east
III the All"&heui.s. lhc rr.~'-IiSInE CONN
mitt"r relieved The pinch thar has hccn
On the smaller blast furnaces in Nlr-
giuia, TcnnrS$." and Eastern P"nnHyl-
vania All basic and foundry iron FUR
nacrS get tn, benefit OF he 81 advance.
For Tennessee furnaces III" advance
ranges from $l.25 I" $l.75. The Nir-
siuia furnaces and those IN Eastern
Pennsylvania far" considrranly ortt"r
b..cuuse of greater distance from hasihs
points.
Tn" chief disappointment n III" price
t"risinnS ~ that Of IN" class steer
companies. which buy hhSi+ pig ron III
thu market. The! must now pay more
for their raw materials. while their
urgent appeals nf the past six months
Tor higher prices on their finished prod
Net are still denied. Most OF, the blast
furnaces using Luke Superior ores really
get only DE advance out uT the ) hduGH
10 The basic and foundry iron prices, as
the other half is taken ur by the ore
producer nn all "r" shipped after pr'"-
sm~ l.
I'll" Pittsburgh and Birmingham!
hasinEs d" not apply /" low rhnrf'''H
hrr"tutnr" or All f. %. b. furnace hasi&
regardless Of the location Of III: fur
na"c. ~
Th. general committee OF III" lr"n
and Steel institute has promptly pun
ul! new price tables based on the l'rc%.-
4. MS proclamation as To pig iron. MI
"rrrnt i:li$ IN foundry and higher Sl4lG"Ii
irons. arr, raised. cast iron pip" l. rui u?
S.. cut mills and hnrs"sh"cS are All
v:lnc,,l and various other rcrisi"hs up
ward are made.
Iribrrs arr put under Strlct"r reEula-
lirnS hv III" new rulings. maximum
Warehouse prices being npw ilNcl on 4
runsid"ruhl" list al iron and steel prod
uctS on which III" Jobb:rS naE" hf'h
naming their own prices. Thu n'W
irhlr.r>' margins on som" II th"$". ~
,I,,m.!iai DEVELOPMENT III tn: labor "iui :
non arr tn" ACKNOWLEDGEMENTS BY The, MIDI
vale Steel Il Ordnance Company. ami no
I.uk"uS Steel Company, OF plans i"r
,,u,,luyr recognition and collective OAR
EaInngS There arc ind!ratlpns that
measures If confidence and Cancellation
may b." adopted by tn. other steel CON-
f.:.,,irS AMI thri these will hay" large
results not "Hiy in meeting WAT prob
I.ir>. h,.t hos. ri The later period OF
rctGju%!iu"nt.
t'urlh,.r purchases OF motor trucks
now considered b. the government Wall
r.uuir,. SUI. pnu /" 100000 tons nj iruI
md stool m item which is another side
HIGHT If lh. Increasing seal" nj the war
program. Expert procedure in St"e!
may be- smpin"d. The. war trade hoaT'i
vii probably b. allotted kinds ana
amounts al steel against which II VII!
ISSUE export permits. only III: SNORT
age Of material will interfere with gen.
..ral r.<Inrf trad.. y" greatly has vessel
:.i,.,,.,. lr,n exceeding RECENT d"tnnnds
!ur il.
\ n..w inquiry from thr French GOV
"rnmrnt is Tor ?3.nOO tons al rAliS'
ranging from 10 L. 99.I pound. WIN
In.S, are wanted l3.nn0.0n0 screw spikes:
Thr srlni.slrrl projectile program of
H.. next eight months now calls Tor An
ruIpuI rUutlInE If not exceeding tht
present product ION Of steel shells. Ihr
extern; L. which this will relieve Inc
si,rI situation III 'nSr $50 or more tuun-
dries ran h,. enlisted depends on Inc
amount nf merchant foundry IRON ~hICh
may b. put In this use. Another pro-
n0S,d means ~ expanding the steel sup
nly is 10 send shrn discard steel IL WI"
mills The, increased need nr wiz" being
an OFFSET In ia" difficulties OF drawing
sirs,l uf shell composition.