The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1919-08-01
IRON REVIEW
NEW YORK. July

NEW YORK. July 3l.--Thc Iron AZ"
tomorrow in its weekly summary Of
iron and steel markets Will say: In
Cr"aSing Opcrat ION of blast furnaces and
steel plants IS still tn" rulr and tn"
tendency is rather emphasized IN tn"
Pittsburgh district. The Carn"Gi"
Steel Co. Is now operating III out of -
blast furnaces. having started up l. IN
the past month. It's steel inG"t ".HH'-
ity Is now operating at 20 i 50 per
cent.
What IS notable throughout IN" IN
duStrf is that untitled orders arr a"ru-
mulating in midsummer month often
marked by slaCkcring.
Higher prices have become off'CtIV"
in few lines. Most of tho mills haN"
announced So per ton advance on az
wire products for export. hu' IN IN
case of Canada hav" C"nfin"d IA" al
vance TO wire rods. with ar" now So.
Several independent ShS,t mills AZ
vanccd black sheets 81 per tom ON july
IS and galvanized sheets 81 Thr'"
other sheet mills are practically sold
sheet bales for tn" first half Of next
year one or two mills realized S. per
ton over today's prices. Til. S"Id-ur
condition Of bar mills is Cmrhits izcd.
but prices stay where they w"rc.
While som" steel compnut"S have sofa
about $50 per cent OF their capacity ~
July. their bookings ContInu" UnhalAn p
ed. being less than canacItr IN plates:
products. Meanwhile tho incNitahl" day
Of railroad buying is nearer. with indi-
cations THAI on some products prices
will he higher than at the time of tn"
railroad administration great refusal.
The activities OF the labor unions
have been most marked lately at tn"Nc-
land, Chicago and in Western p"nnsNi-
vania outside of Pittsburgh Al tl"Ec-
land a strike on the Stc"lS works rail-
road for an actual hour day. with IN"
hours work, caused a partial shutting
down Of mills and n banking OF FUR
naces. At Chicago the building trad"S
lockout continues. but its carly term'n-
alton Is expected.
A canvass Of tho actual r"turninEs
Of common lahorcrS to Europ" shows
some aggregation of this fact. But IN"
scarcity OF skilled labor Is meta! work
ing shape.
Our cable Indicates bur lttlc advanc"
out Of tho chaotic C"udItirrS IN lSrlt /
/ ish and continental steel trades. Tn"
seven hour day has cut down N"lSh
coal output and steel producers ar
further at sea over uncertainty aS |"
, costs. Some steel plants have closed
down Japan is buying Welsh tin rlat. =
J freely. Belgian rods have sold at LII I
+, IS f. a. b. Antwerp.
German works are greatly hAmr"r'd
nv lack OF raw materials and by riSllS
labor costs. II is arranged that sweden
shall provide large quantities. of ore IN
, future. but the coal scarcity IL mark"d
and railroad facilities almost at 'h'
breaking point. Many rolling mills are
down to a 25 per cent operation. So
mcns-TIalSke and other "l"cirlchI w"rhN
have been closed by impoSSlblr c.
mands Of workers. For tin sheets nM
syndicate price Of German mills - wv"
marks pcr ton. nut dealers hay" h'idl' ,
Iv obtained 1000 marks. III" S''"i
; snyd cate is to hGudatc. and n,M
, ono will he formed, leaving out ~" HaaI
works. and some others.
Indicating tho new PROPOSE Is for Cor
man industry Is tho report that NI"Hl"
will MANUFACTURES locomotives anu ROY
ing stock on the basis that all IF"i'
over u fixed percentage goes '" we
! state. while the company STANDS an!
: loSses
! Stec, making iron. after cue, pc"
,od has been activ" at i"i'"HuiE''. ',,
: cont sales amounting !" .."nn ''n' -,
basic at s2575 at furnace. Hni l''u'
, tons Of Bcsscmer at 81: S'"'I W"nN w.
and |oundrl"s are melting h"H" iron
and the market still tends upward.
French steel works engineers "!'
,erotiatinc in this country i"r equip
mcnt to rebuild two plants wv ~. IL
project involving an SS.onh.""" "u' ,!N
Electric furnaces ar" tlEhr'n% ~
: ,urnrtant way in French ana h''H''h
! DlInS,