The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-24
GREAT REVIVAL IN
IRON INDUSTRY TO
FOLLOW ENDING OF
LABOR TROUBLES
Local Concern Booked Or
der for $4,000 Tons of Pig
Iron at Advance of 81
Per Ton-Other Big
Sales Made

Iron and steel interests are awaiting the
settlement of iaeor troubles with the ex-
pectation of a great revival ip that in
dustry the Minute peace is declared and
the workers all over the country return TO
work There have been indications in the
last few weeks of runaway market,
but leading interests have tried to hold
this down pending adjustment of exist
ing differences.
Birmingham iron makers got into mar
ket few days in the middle of the
month, sold large tonnage and withdrew.
One concern is reported to have booked
about % 600 tons at ISL at the furnaces,
an advance OF s. since the first of the
month.
The Iron Age, in its weekly review for
November 20, says: Iron and steel mar
kets are still dominated by the expecta-
ton of many Luyers that for some months
the difficulty of getting supplies will lie
greater rather than less. Pig iron, which
differs from steei products in that pro-
ducers are making no effort to hold prices
down, has made further advances of 81
for steel making grades and 81 to 81 for
foundry grades, Large sales have been
made chiefly for first and second quar-
ters of 1920, and much more iron could
have cen sold Several producers With
drew from the market with inquiries be-
fore them representing tens of thousands
of TONS
OF the Birmingham pig iron situation
the Non Age says:
F'At the turn of the middle of the month,
Birmingham pig iron had advanced to S31
with strong leaning to 1872. The day the
coal strike recall: was issued an out-of-
the-market interest entered on $31 basis
for 1920 business In less than "a hours II
had looked 5000 tons, principally for
Ohio and other middle western delivery,
and her withdrew. The week before tins
interest was still quoting 500. The Two
largest foundry producers and one other
had teen selling at $50 during the pre-
cediny week. At the close of the week
they were out of the market temporarily,
but it was understood that they would
ask s32 on re-entrance. The leading inter-
est has no metal to offer and probably
will lave none needing all its own. Inc
Alabama company is getting $50 for it5
Clifton brand business booked for F~t
fairly well covers the first quarter ea~
pacity, one large interest admitting book
ings 10 capacity for 80 days The bulk
of the 1920 bookings was at so. A still
higher market is regarded as practically
certain Steel mills are turning down ord
ers and operating at near capacity. The
leading interest pulled through the coal
strike without banking any of its nine
furnaces The Woodward Iron company
will probably resume at one of the banked
Vanderbilt stacks in the near future. the
Sloss-S Sheffield Steel and Iron company
stack at Sheffield is being refined
Ashavi,le. N. c.. is taking miles Of 16-
inch water pipe and Ell Paso quantity
of o0-ineh There is now 70 per cent
production Of coal in Alabama compared
with 10 to 50 per cent prior to the strike
call. Many miners are still out. Strikers
claim operators are bfacklisting strike
leaders, Operators advance the counter
claim that the men will not work. Produc-
ton tends to increase.
"OId Material-The old material market
has Leon given an impetus owing to the
advance in iron and the yards are holding
stiffly for the rev schedule. No. l cast
and stove plate are moving in quantities.