The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1919-10-31
IRON REVIEW

NEW YORK. Oct 3O.-The Iron NsT
IN its weekly summary of the iron an"
steel markets will say tomorrow:
The order OF the soft coal miners
rrinn for n strike of 100000 workers
Nov. l, whatever may yet be done u
avert actual stuppagc. has Sharply hc-
ccntuatcd the market conditions
duced by the steel STRIKE ZIG IRON n,'
been bought on large seal" NJ huN tit
reaching So a ton. IN some cases NOR
A scramble for coke has sent prices ui'
81 TO $50. and in several finished Sl'tL
products, following the recent adNahC'h5
tendency, has come an active u'i''.a,
that has made the scarcity more 9'"''"'
The Middle West has been thr C'itci
Of action in pig iron, and foundry AN"
maIlcablc irons have been bought h"aH-
ily. both for prompt delivery ana ,"l
fr:,t and second quarters Of 1871: on "
seller at Cleveland disposed OF i"u'upD
tons in ton days. Buffalo. Western
Pennsylvania. Northern ana S"ulhrln
Ohio. and Chicago merchant furnaces
haze done most Of the selling, but tRlr
amount of Southern iron has oc"h TAXI
That foundrics have urgently needed
iron is shown by shipments 70 uhuSuai
districts. as from ONO TO bnna'" ~"
New England, from Virginia 10 inc W,
dlo West and from Northern OHIO |" NJ
capo Steel making irons have not been
active, but a ST. Louis Smrllcr p"uEht
25 600 tons at Chicago for l92Q dcllEtrE
and 5000 tons from an ONO furnace ~
Eastern pennsylvania plate in'il mas "'So
been n hycr Of basis. nc" PIE IRON C''
sumption by fuundrI"s would u" hIi'"sv
as promptly affected by coal strike as
would the output Of blast furnace 'l'
latest mig iron advance represents con-
tinucd operation Of f"undrics on scale
too large for the current output "' I'E'
as has been evident for some TIM 80,
PITTSBURGH mills are %nrklhr "''l
practically the same force. as in IN" pre-
vious week. hut slight gains III W9rhjhE
forces have been made ut Young ''""'
Cleveland and Chicago. In thr f"uhHS
town district eight out OF - hIhSl lu'
naccs arc working with flniShcu mater III
in like proportion. $4,000 men beng ON
nIuycd The Illinois Steel Co.. has IN
out of % furnaces in blast In IN" NJ
cago district. and the Carnegie Stccl Co.
Az out Of 81. =, 49,.
\ growing scarcity Of cars IN MI dLS-
trictS ~ due I" the order rrStr'r'.hS .r'
U.s., Of the t;ondnla type Of coal trhiii''
Ore movement has suffered III r"hSr'
uurncc as well rs pig IRON ana SCRAP
Shipments In the finished St"'l H"H',
tho rfar that their operations hlEh.
suffer from lack Of material has pr"uH,'
more consumers int" the marN'' III w,
pas week. IhoS who's" usual source "l
supply have failed arr unable H. plh'"
emergency orders elsewhere. J"hh"lS
are having more difficulties ihan manu-
featuring consumers IN getting SNIP
mrntS from tho mills.
! Here steel hillCtS. either Tor t"fE''E
nr r,-rulIing. can l." had on n"w orders
The price * So per ton nb"r" IN" :"
called schedule q: Si2In !l'iShurrh.
having been don" IN tia" Eh't for r"r"il-
i'm: btllcIS. Few central Western hl'IiS
have any scmi-tnlS shed steel I" otter. IN
finished materials. plates and bars Nt,'I
lead in tho current buying. Any MN"
able, To make deliveries ar" h"idlnS l"
D5nr PITTSBURGH for steel hrr$. Eastern
makers have advanced bar IRON 81 per
ton tn "15r Pittsburgh, fer common
iron. Plates are firm at 2.SIC IttlNhurGh
for this year and one Eastern company
has quoted 2.15c for deliver! i'll NV
Japanese buying is still heavy. SNIP
Yards thCrc being sold Grr months ahead.
Cable advices ar" hat hi CHER prices arc
asked both in BRITISH and t"nt'n"nth'
steel markets. Til" 30 percent advance
In British rail pig iron freight rates mas
pig M Slln per ton. American TN
mates ut S1Nn New York. have h"'u sofa
Ia japan ard South .\n' RIGA IN compete
ton with the W"iShH product which ~
now sS.6N nj works. Siam is II ia" mar
kcl for - nnn tons ~ rails. I.1rhihc
bullets have b"ra offered IN I.n.;lhhd III
20D below home prices.
German steel WORKS ~ many cases are
oprratrd al only on" fourth tn on" tlitd
capacity. High cost Of imported iron
ores is handicap and employees are
constantly making new demands