The Iron Age 1910-07-28: Vol 86 Iss 4

Established : hath ie — : : : . sit Met Sa Sere 1910 an ‘Structural. Ciena ‘the ‘Leading Entered at Sa as Second Class Mall Matter. Subscription Price, Pace, Usted St shen $5 00 or i to prea $7.50 per Koen? to aces eee Cones 20 Cuanes T. ROOT, - - - - ° PRESIDENT CHARLES KIRCHHOFF, .! - - rf ¥ ° vicg-P € 40ENT Ww, H. TAYLOR, ° - TREASURER AND GFNERAL * ‘NAGER * Haro.o S. BUTTENHEIM, - - - - ~ SECRETARY Geo. W. Cope, - - - - - he . A. |. FInDLEy, - ~ - - ~ oe H. R. COBLEIGH, - - - - - M. CHANICAL EDITOR Branch Offices Philadelphia, Real Estate Trust Building Chicago, Fisher Building : Pittsburgh, Park Building Cleveland, American Trust Building Boston, Compton Building Cincinnati, Second N’'t'l Bank Bldg CONTENTS PAGE Fditorial : Structural Demand the Leading Feature............. 181 The Copper, Diet tnt ..cie sas fs deb Pe nsec ccc ec eds 182 The Export Iron Trade Prosperous............+-+-++: 182 Labor Bureaus as Shop Employment Offices.......... 183 Western Canada Wants Reciprocity with the United States 184 Greatest Pig Irom Production for Six Months............. 184 Proposed Freight Advances Suspended...............0565 184 United States Steel Corporation’s Earnings.............. 186 Receivership for the Dunbar Furnace Company........... 186 Sanitary Enameled Ware Manufacturers Sued............ 186 The Iron and Metal Market Reports................ 187 to 195 Iron and Industrial BtockG. 2.2... ccc cece vesewacccesece 195 Personal . ows cies 200 £05. bc cs bwels eeu ee ea +e ee eee 196 ObItVATY .cocecedecvivis somerere taceveve weer ecers epee 196 The Lack Malleable Iron Company's Enlargement......... 196 National Irrigation Exposition. ..........0cceeeeeeeeeee 196 Texas Iron Ore ‘Tested in a Pennsylvania Furnace........ 196 Blast Furnaces Building and Rebuilding..............6.+5 196 The Machinery Market Reports...............-+4++ 197 to 209 Brazil to Encourage Its Iron Industry............+.++e+. 209 The Dayton Motor Car Company's Large Plant........... 209 Steel for RahtS MRE COIS. iio tees CESS ee FAR eS 210 New Tools and ApPOMRUCOS. 000. ccc cet ewec sp ecorewers 211 Correction §.-sasia 6a. 6 pte setae tg ses ees PASEO 211 Trade Publications TO etEe Ss kee A Ck, £8 ede FE 6 st wt BS Combination Feed Water Heater and Softener............ 21: The Keuffel & Esser Company Celebrates. ............... 213 Texas Coal Deposlee.. oS Sys os EEC eee ch ce eccsccctcers 213 The Canton-Hughes Pump Company’s Enlargement........ 213 Correction 2 iichiccelk ccd eee EA As Be bebe bbl © oe eee ee Floor Surfaces for Mache ShOper ee ee ee ee eee 214 The Simonds Mfg. Company’s New Plant..........-++.++. 214 The MexiGne: See ¢ s.a0%.<.cub-ns bo Vitae ewelsd Wah cbeeheda 215 Large Len@ieed: GMb. 265505 i sos oetea SOEs oc Beas te 216 The Eastern Pig Iron Association... ........% A... eee. See The Sierta & San Francisco Power Company........ ey +s eh 216 A New Electric Furnace Installation.................... 216 A New Waterbury Automatic Screw Slotter. Wlustrated... 217 A Large Coal Tipple and Washer, Illustrated............ 218 The National Tested Iron Service Cock. Illustrated......, 219 The New. Bupa wel SEM 6a bs oe os ei ws 5 oe ese 219 ‘he National Eight-Hour Law Construed.. sss. .... ..40219 Coal and Ash Handling in an Office Building, Illustrated. 220 The Morris & Bailey Steel Company's “Improvements... ... 227 American. Paws. Sage iy atirvss 40 ns vas ince essed aas 221 A Motor Driven Engraving Machine. Illustrated... ... os B22 Valve Seating Boole: i564 420% Js. Sb ee oad th d< <er . 223 The New Buffalo Electric Forge Blower. Ilustrated....... 223 German Open Hearth Procegses...........¢.. hb a Aone 224 A Spring Loop Nut Fastener. Tllustrated.............-.. 226 An Improved Pattern Storage Rack, Illsttated.......... 226 The Standardization of Motor Drives for Machine tools. ... 227 Th: Du Charme Clamping Devices. Mustrated’:.,.. 0... 228 ‘Channels. Ilustra 229 230 The Kane’ & ee) oe oe ‘wivent Metal Prices... ors pets ness setnednnenener cnt BE t RON AGE Voi. 86: No, 4 Feature Pig Tron Is Quiet and Easy, but All Finished Lines Except Rails Are in Fair Demand Es “The ‘splendid showing of earnings for the second quarter of this year made by the United States Steel Corporation should be a most effective answer to those who haye been inclined to take a gloomy view of trade conditions. Such eatnings could not have been made unless full specifications on contracts had been re- ceived. This is taken as proof that consuming interests generally have not made cancellations. The recession in prices of iron and steel this year has not been so largely due to shrinkage in business as to the great in- crease in productive capacity. This has been referred to before, but it is a fact which needs to be impressed upon the public. : The pig iron trade continues comparatively quiet, with little change in prices. Such buying of pig iron as is now being done comes from consumers whose pur- chases have been postponed until the iron was actually needed, and a particularly attractive officer then gets the business. This explains whyesome sales occasionally come to light which cover deliveries running over sev- Probably the largest transaction of the week was the purchase by a steel company in the eral months. Cincinnati district of 11,000 tons of basic and 3500 tons of Bessemer pig iron in addition to purchasés it made in the previous week. Prices are easy, as the, produc- tion of pig iron has not yet been sufficiently cat down to exert a stiffening influence on the market. The demand for fabricated structural material ig one of the most prominent features of the market in finished lines. It is a remarkable fact that more busi- ness of this kind is coming into the shops than is going out. The largest transaction reported during the week was 4600 tons of bridge work placed by the Chi- cago & Notthwestern, which was divided between two . fabricating companies. Bids on 10,000 tons for the New York Central terminal work in this city go in to-day. _ The number of small. jobs steadily coming out is very large. The elimination of grade crossings in Cleveland, for which a bond issue by the city was fayorably voted on July 22, will involve the use of quite a large " tonnage of steel for viaducts. The work is to be started this fall. The tin plate trade is fully equal to the fabricated structural trade in point of the engagement of productive capacity. tip: F |) fe N eal Lane apna tbe eae : _ “i i NR RR RIN te ob 182 and specifications being received in much larger. vol- ume than for some time. The heavy consumption of steel bars, which has so long been a noteworthy fea- ture of the market, still continues. Buying of plates and sheets is in small lots, but the leading makers are receiving orders from all parts of the country, indicat- ing a good consumptive demand. The plate trade is interested in a large contract shortly to come up for plates for riveted pipe for the water works of Los The wrought pipe trade is in fairly satisfactory condition, Angeles, Cal., involving about 20,000 tons. due to the very large orders recently placed for line pipe. Rail orders are neither large nor numerous, the contracts for the past week having aggregated only 3600 tons for the entire country. This, however, is not the time of the year to expect large tonnages. Cleveland reports the placing of a contract for 400,- ooo tons of furnace coke for deliveries running over two and a half years, to be paid for on a sliding scale, based on the price of basic pig iron at Valley furnace. A good buying movement is now on in electrolytic copper, and the price has advanced 4 cent per pound the past week. Pig tin appears to be cornered, as the price for six days has been stationary, which is the first time that such a state of affairs has prevailed in a num- ber of years. The Copper Situation Unless indications are completely misleading, the downward course of the copper market has been checked. Persistent reports are in circulation that the leading producers throughout the world are about to restrict production. The specific statement is made by those who should be well informed that the restriction will be at least 25 per cent. for the coming three months and Io per cent. for the following six months. The producers themselves are reticent with regard to details, simply stating that the trade can draw its own conclusions when the price of copper is seen to be ad- vancing and when copper securities are observed to be commanding higher values on the stock exchanges. The cause of this reticence is asserted to be the atti- tude of the United States authorities relative to trade combinations. Undoubtedly the copper producers are acting wisely in making no announcements of an agree- ment that can be traced to an official source, as an ex- ample has been given in the past week of the readiness of the Department of Justice to proceed against man- ufacturers who are even presumed to have rendered themselves liable to prosecution under: the Sherman antitrust act. Despite the absence of such an official announcement, we have seen in the past few days an awakening of interest in copper securities and a stiffen- ing in the price of ingot copper which would appear to indicate strongly the existence of a belief in high quarters that the copper market is no longer to be free from regulation. Additional evidence comes in the more cheerful views of leading domestic copper producers with regard to the outlook and the cabled reports of a firm belief abroad that restriction of pro- duction is positively to be effected. THE IRON AGE July 2°, 1910 The position of ingot copper has for a consi ‘crabje period been the particularly weak feature of the gen. ‘adily ough Pro. n the TICes eral business situation. The producers have gone ahead with their maximum output, a nearly every month the statistics of the Copp ducers’ increase They have seen thei: crumble until only a moiety of the producers ca anything like a fair profit on their output, and th dends of large companies are in danger of being out. Association have shown an stocks of unsold copper. show divi- wiped A very few of them have recognized the folly of thus sacrificing their resources and have cut die their production to some extent, but with these exceed. ingly few exceptions all have continued to push their operations in the ill-founded hope that their competi- tors may feel the strain of an ever declining market too great for them. Unrestrained competition has here shown its inevitable result. If persisted in much longer it would surely become destructive competition, which is deplorable from every standpoint. Thus far the copper trade has escaped actual de- moralization, but if the conditions of the first half of this year should be persisted in there must eventually be forced sales of ingot copper, in which event the price would probably drop much below the lowest fig- ure thus far realized. This would of course be to the advantage of such consumers as are in financial con- dition to avail themselves of the opportunity to lay in cheap supplies, but they would then in turn make it exceedingly unpleasant for their competitors and thus the disturbance of trade would extend to a much wider field. It is plain that restriction of production is now im- peratively needed. A year ago there was some hope that the general improvement in business then in prog- ress would bring with it such an increase in the con- sumption of copper that the surplus would not be greater than needed for the safeguarding of consum- ers’ interests. But the tide of business improvement did not rise to a sufficient hight to accomplish this re- sult, and it is now receding. With little hope in the immediate future for an adequate expansion of con- sumption, the producers are driven to rely upon them- selves to check the growth of their surplus stocks. The Export Iron Trade Prosperous In contrast with what occurred when the American iron trade contracted after the panic of 1907, the pres- ent very gradual recession in the United States is not now being charged, either in Germany or in Great Britain, with any responsibility for iron and steel con- ditions there. Sentimentally, influences affecting in an important way the iron and steel consumption of the United States, which in the first half of this year ex- ceeded the combined requirements of Germany, Great Britain, France and Belgium, supplied respectively by their home works, would affect the iron markets of all four countries. Thus far, however, the changes in our own iron trade have expended their force at home. Until estimates published on this side show better agreement as to the extent of the recession here and the probabilities in the remainder of the year, Euro- pean onlookers can hardly be expected to draw definite conclusions. Yet it would not be’ surprising if the “ American peril” were again an‘issue in British and Continental iron markets, in view of some of the pessi- July 1910 blegrams that have gone out concerning business conditions and prospects, with the that more of our steel must find its outlet in on trade. is clear in the record of international trade nd steel in the past six months is that con- has been at a greater rate than in 1909. _ for example, increased her pig iron produc- | 6,252,489 metric tons in the first half of 1909 to 7,202,032 tons in the first six months of this year, or at ; irly rate of 14,400,000 tons, whereas 12,875,000 1907 has been the maximum for a calendar year, while the total for 1909 was 12,734,000 tons. The ex- ort trade is responsible for most of this increase. For five months ending with May, this year, Germany’s exports of iron and steel products, including machin- . vere 2,087,101 tons, against 1,669,090 tons in the arst five months of 1909, a gain of 25 per cent. Great Britain’s statistics of iron and steel exports in the first half of this year also show an important increase. Of pig iron and rolled products the ship- ments out of the country were 2,370,639 gross tons, against 2,083,135 tons in 1909 to June 30, and a valua- tion of £21,239,134 against £18,548,402. The increase is 287,000 tons and £2,700,000. For the United States, as has been indicated in the statistics in our columns from month to month, the twelve-month ending with June was the banner year in exports of iron and steel. Counting only pig iron and rolled products, and taking no account of machin- ery and other iron and steel products which are not re- ported by weight, our exports in the last fiscal year were more than 1,400,000 tons, while for the year end- ing June 30, 1909, they were 1,058,794 tons. Our rail exports have been growing substantially, being 344,000 tons for the 11 months ending with May. We have had a good increase in sheets and plates and in pipe and fittings. \Vhat is said above applies only to international le in iron and steel. The year has been notable also its increases in practically all branches of inter- national commerce. It is true that in some cases this ncrease only restores the conditions which existed be- fore the financial depression of 1907-1908, but compila- ions of the Department of Commerce and Labor show that for many countries the figures of the year re- ended are materially larger than- for any pre- eding year. It is entirely probable that 1910 will be the greatest year, both in tonnage and value of ship- ts in all the records of international trade. Labor Bureaus as Shop Employment Offices "he Labor Bureau conducted by the Rhode Island ‘-h, National Metal Trades Association, is now ng as the employment office of numerous manufac- iring establishments of Providence and vicinity, and > a large percentage of their men. The results are bly beneficial, demonstrating the correctness of he national body in urging a concentration of effort in this direction, Joseph A. Holland, secretary of the branch, went into the details of this side of the system in a paper read recently before the National Metal Trades Association. t is obvious that if all applicants for employment he district must first register with the bureau and arc sent thence to the manufacturers, the great evil of of —- THE IRON AGE 183 shops hiring men away from one another is largely eliminated. Of this Mr. Holland says: A practice calculated to cause ill will among manufac- turers is that of pirating on each other for their help. Em- ployees take advantage of this fact and are constantly shift- ing around, causing excessive rates to be paid by the em- ployers who wish to retain their workmen. I have known a great many cases where the employees have positively no intention of severing their connections with their present employers, but call on some other manufacturer and secure a position, knowing that they can use this latter fact for the purpose of commanding an increase in wages from their present employers. When the employees know that they can jump from one shop to another at any time there is a constant feeling of unrest and dissatisfaction, and that makes it practically impossible for a manufacturer to maintain a good organization. The labor bureau in no way prevents a man from mak- ing a change, but, on the other hand, wil! assist any worthy workman to better his present conditions if the circum- stances warrant it. We have found that the men stick to their jobs much longer when they know that they have to apply to the bureau every time they sever their connection with a firm. They realize that too frequent visits to the bureau for positions will in no way add to their laurels on the records. Doing away with the waste of material which comes with ignorance of the presence of workmen in a city looking for employment is treated thus: Is it not a fact that in a great many cases employees who are not referred to the bureau apply at two or three factories, which at that time may not need men of that type, but these same men may be badly needed by some other em- ployer? You can readily see how the bureau could more quickly overcome the wants if they were directed to apply to the bureau, and when the employees in general realize that the different firms make all their wants known to the bureau, from ordinary mechanics to employer and the employee. In several cases we have shown former active union men the folly of trying to unload their stock in trade, which is their mind, muscle and skill, in a direction which offers no market for value given, but, on the other hand, we have proved to them the possibilities they could and have attained, and they are now most diligent and faithful workers for their employer’s interests. In this same connection is the economy of produc- tion gained in manufacturing plants by relieving the works of a large part of the duty of selecting new workmen, of which Mr. Holland says: Another very important feature to the employer is that the superintendent’s or foreman’s valuable time will not be taken up, as has been the custom in the old way, in talking to all applicants who may apply in the usual way, the ma- jority of whom, perhaps, are absolutely incapable of filling the vacancies as existing. The secretary is paid for this work and the superintendents and foremen are paid for in- creasing production, improvement of facilities, decreasing costs, &c. We have found that when a department is crip- pled from a scarcity of help, then several other departments may be tied up for stock, parts, &c., that ought to be forth- coming from the department in question, thereby probably causing the manufacturer the loss of much money and pos- sibly the cancellation of orders. If all applicants be re- ferred to the bureau, in due course of time the person in charge comes to know the'men personally and is therefore able to prevent trouble brewers, agitators, &c., gaining a foothold and controlling the situation in any shop. With this assurance of a dependable organization, you will be able to accept orders and quote deliveries unhampered and according to your factory's facilities. Even where no branch of the Metal Trades Asso- ciation exists in the smaller manufacturing communi- ties employing a large proportion of skilled men, it is not difficult to see the advantages which would accrue from the establishment of a co-operative labor bureau, employing help for a number of works as far as the initial selection is concerned. Disadvantages might develop, but they would be overbalanced by the sharply defined ‘benefits. Where unskilled labor predominates, the question is an entirely different one. The migration of farmers from our Western States to Canada, which has received so much anxious con- sideration from bankers and publicists, appears to have Me ot nn Ae | i 184 THE IRON AGE been checked. The scanty crops in the Canadian Northwest have, in fact, caused a stream of immigra- tion from Canada to the United States. A correspond- ent in that section states that for some time hundreds of farmers have daily been leaving Alberta for their old homes across the border. It is further said that while we have heard much of the movement to Canada by our Western farmers, little has been published with regard to the discontented thousands who abandoned their Canadian lands and returned to the United States after a year’s experience. Western Canada Wants Reciprocity with the United States Toronto, July 23, 1910.—Sir Wilfrid Laurier’s re- plies to deputations in the West on the subject of tariff revision and reciprocity with the United States are not agreeable to the manufacturing interests in this Province. It was not realized that the sentiment of the West was so strongly in favor of these lines of trade policy, and the Premier himself was probably surprised at the urgency of the appeals to abandon protection. It was known that the opinion of the West always leaned toward a low tariff, but in recent years there has been no very vigorous expression of anti-protection views. Possibly that was because the West was flourishing. But that part of the country is now on the eve of a harvest from which not more than half an average yield seems likely to be obtained. The hot, dry spell came at a critical time in the growth of the crop and did very serious damage. This some- what depressing outlook may have stimulated the feel- ing of the people against the existing tariff. Also, pub- lic opinion in that country is always sympathetically affected by public opinion on questions of common in- terest across the line. There there has developed a strong reciprocity sentiment, and the western Canadian feeling may in some measure be in response thereto. At Brandon the Grain Growers’ Association of Manitoba presented to Sir Wilfrid a memorial in which they recalled his pledge of 1894 to abolish protection in accordance with the platform adopted by his party in the previous year, and in which they demanded the total abolition of protection. The president of the association also presented a separate memorial on the subject of reciprocity with the United States from which the following extract is taken: The farmers know that a lowering of our tariff, or freer trade with the United States, will be strongly opposed by the united strength of the protected interests which have developed such strength and grown to such power and wealth under our protective tariff and because of it. But these interests have shaped our fiscal policy too long. The farmers demand that these interests be accorded such pro- tection as a revenue will allow and no more. The Western farmers will watch with intense interest the negotiations between the United States Government and our government regarding reciprocal trade between the two countries, ani strongly urge that everything consistent with national honor to secure such a measure should be done. Sir Wilfrid promises to lay the views of the asso- ciation before the Finance Minister, and strongly urge upon the latter the importance of endeavoring to meet them. At Yorkton, where the Premier received, like peti- tions from the Grain Growers’ Association of the Province of Saskatchewan, he promised that the tar- iff should be raised from time to time, and said that if he had his own way he should have free trade as it is in England. On the matter of reciprocity with the United States in the agricultural machinery trade, he said, he would consider the opportunity afforded by the American tariff for that exchange if the arrangement provided for the trade in parts as well as in entire ma- chines. Citar ey: July 28, 1910 Greatest Pig Iron Production for Six Months The statistics just published by the American Iron and Steel Association, representing returns from all the Manufacturers of pig iron in the United States, show that the production in the first half of 1910 was 15,012,392 gross tons, against 14,773,125 tons in the last half of 1909 and 11,022,346 tons in the first half of 1909. The following table gives the half-yearly pro- duction since 1907 in gross tons: 1907. 1908. 1909. 1910. First half...... 13,478,044 6,918,004 11,022,346 15,012,392 Second half... .12,303,317 9,018,014 14,773,125 .....0+6- Total J. 5:0 25,781,361 15,936,018 25,795,471 ......... The increase in production in the first half of 1910 as compared with the second half of 1909 was 239,267 tons, and as compared with the first half of 1909 it was 3,990,046 tons. In the first half of 1910 we ex- ceeded by 1,223,150 tons the production of the whole year 1900, when 13,789,242 tons was made. The production of Bessemer and low phosphorus pig iron in the first half of 1910 was 6,323,883 tons, against 6,084,888 tons in the last half of 1909 and 4,472,482 tons in the first half. The production in the first half of 1910 includes 118,466 tons of low phos- phorus pig iron, against 91,620 tons in the last half of 1909 and 120,995 tons in the first half of that year. The production of basic pig iron in the first half of 1910, not including charcoal of basic quality, was 4,953,810 tons, against 4,952,644 tons in the last half of 1909, an increase of 1166 tons, and 3,297,581 tons in the first half. The production of charcoal pig iron in the first half of 1910 was 219,653 tons, against 204,614 tons in the last half of 1909 and 171,389 tons in the first half. These figures include a few tons made with charcoal and electricity. The production of bituminous coal and coke pig iron in the first six months of 1910 amounted to 14,- 416,000 tons, as compared with 14,138,582 tons in the last half of 1909; the production of anthracite and coke mixed in the first half of 1910 was 371,957 tons, as compared with 422,138 tons in the last half of 1909; of anthracite alone the production was 4782 tons, as com- pared with 7791 tons in the last half of 1909. The production of spiegeleisen and ferromanganese in the first half of 1910 was 129,978 tons, against 133.- 465 tons in the last half of 1909 and 91,575 tons in the first half. The production of spiegeleisen alone in the first half of 1910 was 84,602 tons, and of ferroman- ganese alone the production was 45,376 tons. The whole number of furnaces in blast on June 30, IQIO, was 293, against 338 on December 31, 1909, and 238 on June 30, 1909. The number of furnaces idle, including furnaces being rebuilt, on June 30, 1910, was 180, against’ 131 on December 31, 1909, and 205 on June 30, 1909. In the first six months of 1910 the num- ber of furnaces actually in blast during a part or the whole of the period was 374. Detailed pig iron statistics for the first six months of 1910 are given in the tables on the following page. Proposed Freight Advances Suspended Both the Eastern and Western railroads have noti- fied the Interstate Commerce Commission that they have voluntarily suspended their proposed increased freight rates until November 1. This action on the part of the railroads follows the announcement by the commission that it had decided to suspend all im- portant increases pending an investigation into their reasonableness. The decision of the railroads, how- ever, relieves the commission of making the suspen- sions by piece-meal. The schedules of increases were * % a - July 28, 1910 THE IRON AGE 185 PRODUCTION OF PIG IRON IN THE UNITED STATES IN THE FIRST SIX MONTHS OF 1910. Statistics collected from the Manufacturers by The American Iron and Steel Assocation, all wu Gross Tons. Production in the First Half of 1909, 11,022,346 Gross Tons ; Second Half of 1909, 14,773,125 pecs: First Half of 1910, 15,012,392 Tons. Total Production of All Kinds of Pig Iron. TOTAL PRODUCTION OF PIG IRON BY STATES. Blast Furnaces. I Production—Gross tons. \ (Includes spiegeleisen, ferro-manganese, In | eisian blast | June 30, 1910. || ferro-silicon, ferro-phosphorus, etc.) Dec. | First Second First 31, half of half of half of gop, | 1 | OUL | Total.) i900, |, 1900. 1910. Massachusetts._....... 1 2 | Connecticut... 1 3} } 9,685 8,703 Fe New York. 10 | 28 || 688,828} 1,044,847] 1,017,951 New Jersey 6 9 118,219 176,255 155,087 Pennsylvan 50 | 166 || 4,755,079| 6,163,745 | 6,099,342 Maryland... 1| 58 115,260| 171,596} 170,708 AP QUA, eee nnwvnee 15 | 26 183,019| 208,115}. 244,275 SO citron wcoeees 4 4 | eer rmones $} $)} 101] 15,9711 6,725 Alabama___.....__._.. 27 51 800,708 962,909} 1,012,545 West Virginia... 3 4 63,200 165,082 137,439 Kentucky_.........-- 5 8 49,580 36,791 46,520 Tennessee... 8 | 20 152,628 181,217 235,969 Oia ciicicersinetitshinens 25 | 75 | 2,242,987} 3,308,558) 3,210,562 Peace enutuibnceianl 6) 26 1,057,874 | 1,409,282) 1,552,160 ndiana. 3 9 Michigan... 4 15 420,191 544,098 716,832 isconsin_.... Minnesota... 0 1 171,277 176,900 170,814 Missouri........ 0 2 Colorado....... 2 6 Oregon.......... sent 1 1 183,710 199,056 227,958 Washington.............. 1 1 California................. 0 0 SONU wsccreueconal 3 |180 | 473 11,022,346 | 14,773,125 | 15,012,392 New York................ 3| 21 || 688,178| 1,043,256} 1,017,901 New Jersey.............. 4 93,091 163,755 152,975 Pennsylvania........... 25 | 123 || 4,510,843| 5,744,487| 5,722,392 Maryland.................. 0 4 | 114,860 169, 170,108 11} 22) Ps tcatieaioeniial Georgia. 1 1 | 187,862 216,863 247,731 FR deiptinicnnceneninnd 3 Alabama.......... nt 23 46 784,712 945,264 997,206 West Virginia _____.... 3 4 . 165,082 137,439 KResteucky............. 5 7 | 48,928 35,088 45,963 Tennessee..............-. 7 18 || 161,595 179,314 234 393 i asiitsiandaniennnsi 1| 70 || 2,242,987) 3,308,558 | 3,210,542 | ESSERE 6 | 26 | 1,057,874} 1,409,282] 1,552,160 Indiana... 3 9 | ‘ Michigan_.................. 1 3 || }*440,358| *531,479 673,580 Seen ii as 3 6 | Minnesota... 0 1 |] Missouri... pa oi 3 H 197,967 el 253,610 Washington.............. 1 1 | Tinea 79 |*10,582,455 |*14,138,582) 14,416,000 * Includes a smal] quantity of iron made experimentally with manufactured gas. ANTHRACITE AND MIXED ANTHRACITE AND COKE PIG IRON. New York...............|. 0 | oj 5| 8 New Jersey... ica hace 0; 0}; 2 2 268,502 429,929 376,739 Pennsylvania........... 25 | 14/| 23) 37 Total_..___| 25 lia | 30| a0 | 268,502| 429,929] 376,739 . PRODUCTION OF CHARCOAL PIG IRON BY STATES. Massachusetts.......... ‘. Gist 1 2 Connecticut............. 2 2 sia *10,335! *10,294 *7,555 New York ........-| QO] O} 2) 2 eee 3 4; 2) 6) 862 | 1,829 2,323 flaryland.................. eT sie « . Vane is etacici site bt Op eh 4 1,557 4,031 965 Alabama................... Sogo 5 15,996 | 17,645 15,339 ete ieee : | . . . ‘| Kentucky seaeebehmenicitess 1s 0 1 5,786 | 8,006 5,087 Tennessee... 1; 1 ti 4 RN 0; 1) 4) 5] 0) 0 20 Michigan... bised wee! 9] 9} 3) 12} 103,733) 128,000 155,740 Wisconsin............| 1) L{ 0) 1) Oregon) O} oO] 2) 1 |} 238420) 33,917) #s2,674 California................. 0 | 0 a 0 Total . | 24} 22 | 28) 5O *171,389| *204,614 *219,653 * Includes a small quantity of pig iron made with charcoal and electricity. TOTAL PRODUCTION OF PIG IRON ACCORDING TO FUEL USED. Bitummous......_..... 289 257 122 | 379 || 10,582,455| 14 seas Apth &anth.&coke) 25 14/30) 44 || 268,502 "429,929 376,739 Charcoal................... 24 22) 28) & 171,389 204 ‘614 219,653 .| 338 293 '180 | 473 || 11,022,346 14,773,125 to have become effective on August 1. Before that date the commission would have filed formal orders holding them up for 120 days. The commission expects to be able to clear up this question of increased freight by October 1, but the railroads in their voluntary offer of suspension give the commission a month’s leaway, or until November 1. In the event of the commission not having reached a decision by that date it will, of course, have the power liteestinnoous ‘Pig iron Statistics. PRODUCTION OF PIG IRON IN PENNSYLVANIA AND OHIO Production—Gross tons Blast Furnaces. {i | (Includes spiegeleisen, ferro-manganese, In eis piast | June 30, 1910. I ferro-silicon, Seer ete. ) DOr cacienepeieetsh, +. Rae Second First 31, | | | half of half of half of 1909. In. | Out, pe i 1909. 1909. 1910, Lehigh Valley.| 17 | 16} 10) 26 310,058| 380,430} 369,529 @ | Schuylkill “ 12} 10} ‘7 17 | = 363,562 358,967 404,583 § | L. Susq. “ 14/10} 9} 19) 251,939] 358,032} 358,511 =| Juniata “ 5} 3] 6 9 69,387 61,628 93,557 3 Sent Ss -| 46| 38} 9| 47 I 2,370,043 | 3, 127 329 2,895,729 ¢ | Shenan. Valley} 20/20; 3| 23 632,825 ‘994/803 1,041,381 &% | Miscel. bitum..| 17/15) 4] 19 756,403 | 880,727} 933,729 Charcoal........... Se: 6 | 862 1,829 2,323 aening VaL. 4 * ’ 3 | 977,596 |- 1;801,054 1,345,926 ocki mre s | Lake Ceenitbes: 14/10] 6] 16 | } 605,357| 950,846 866,805 8 | Miscel. bitum..| 15/10] 6| 16 420,223} 833,937| 722,360 H.R. bitum...| 12 | 9) 6 15 || 239,881 213,721 275,451 H. R.charcoal.| 0} 1/| 4 5 | 0 0 20 PRODUCTION OF BESSEMER AND LOW-PHOSPHORUS PIG IRON. I cares sspatcnsncingniescc cade reeqneseiareont <a 342,544 464 263 Pennsylvania___... | 1,640,469; 2,211,137 | 2,466,797 Maryland .. | 114,860 169,496 170,108 Virginia, West Va., + Kentucky, a ‘and Tenn.| 192.677 191,160 184,281 a ee aodtbtoaes vse} Ay 507 204 | 2,120,842), 1,942,374 Illinois... at | 499,748) 1,004,654| 1,035,681 Michigan, Wisconsin, Mino. ‘Col., ‘and ‘Cal. 21,642 45,055 60,379 Tota een eeneececnsececereneeneeeseneeeeee--| 4,472,482 | 6,084,888} 6,323,583 PRODUCTION OF BESSEMER AND LOW-PHOSPHORUS PIG IRON IN PENNSYLVANIA AND OHIO BY DISTRICTS. g ({ Lehigh Valley.......:. -. a | Sceuyhil Vey... 70,839) 71,708) 88,370 2 } Lower Sus uehanna Valley... 59,924 59,950 59,374 = Seeeey Va > 873,410! 1,269,599} 1,322,242 8 o Ree 2rd & Siesdbennovs bs bituminous... 636,296 809,880 996,811 Mahoning Valley_............. 806,996 875,843 873,483 g asi ooatee. zi iste we 410,194| 641,135 505,263 anging Rock bi uminous.... pod © | Miscellaneous bituminous... sail j 290,014 | 608,804; 563,630 PRODUCTION OF BASIC PIG IRON, NOT INCLUDING CHARCOAL IRON New York and New Jersey. Pennsylvania—Allegheny oun Other counties.. 76,411 390,508 274,032 1,422,169 | 1,765,518) 1,480,013 | | 817,880} 1,250,678 1'228'391 -| 238,789 *} Virginia and Alabama ............. 181,603 “ "402, 427 Ohio... 607 ,167 612,331 Indiana, Tllinois, “Missouri, ‘and Colorado... 560,729 717,473 956,616 | 3,297,581] 4,952,644] 4,953,810 PRODUCTION OF SPIEGELEISEN AND FERRO-MANGANESE. Pennsylvania. | eapssithabalaiihtiauntieaiaaneritlaieadatednad amt 69,197 97,904 90,412 UGE eee cee ee ee Wie ee eee | 91,575} 133,465! 129,978 PRODUCTION OF ALL KINDS OF PIG IRON FROM 1905 To 1909. Production—(Includes spiegeleisen, ferro-manganese, etc.) 1905. 196. | 1907. 1908, 1909 States—Gross tons. Massachusetts... | s Connecticut........ 15,987} 20,230 19,119] 13,794) 18,388 New York... 1,198,068 | 1,552,659| 1,659,752| 1,019,495 | 1,733,675 New Jersey... . 311,039 379,390 373,189 225,372 "204 "474 ees -| 10,579,127 | 11,247,869) 11,348,549/| 6,987,191 | 10; 918, 824 Maryland... | °332,096| "386,709 411,833| 183,502 Virginia... 510,210 483,525 478,771 320,458 391,134 - aoRATAER 38,099; 92,599 55,825} 24,345) 26,072 Alabama._.._....... 1,604,062| 1,674 ae 1,686,674 | 1,397,014) 1,763,617 West Virginia... '298,179| '304/534 291,066 65,551| 228,282 Kentucky______.. 63,735 98, 127 127,946 45,096 86,371 Tennessee________. 372,692 426,874 393,106 290,826 333,845 i eertsreedl 4,586,110| 5,327,133! 5,250,687| 2,861,325] 5,551,545 Iilinois___.__. | 2,034,483 | 2,156,866/ 2,457,768} 1,691,044| 2,467,156 Indiana............ 964.28 Michigan. 288,704) 369,456 436,507 348,096 289 eee 351,415| 373,323! 322,083| 148,938) 348,177 Missouri... Grlorado-—=———-| | 497.774] 413,040| 468,486 | $18,071| 382,766 California........... Total .| 22,992,380 | 25,307,191 | 25,781,361 | 15,936,018 | 25,795,471 to suspend the rates for six months longer. The ad- vantage of the action taken by the railroads, which was done by the Eastern lines July 20 and the Western ~ lines July 22, lies chiefly in the fact that it will allow the Interstate Commerce Commission to begin to work at once on the general investigation into advances, pventpiienadianil iced The blast furnace of the Perry Iron Company, Erie, Pa., was blown out last week. 186 THE IRON AGE United States Steel Corporation’s Earnings. The statement of the United States Steel Corpora- tion’s earnings for the quarter ending June 30, 1910, makes the following showing, as compared with the corresponding period of 1909: 1910. 1909. ia eek cen L a tase ab oss oo $0 $13,414,956 $8,163,244 aR aa SR AD? Ta SE | eres 13,229,289 9,661,228 Ps aS Ee oe FRR ROUTE 8 eis 13,526,715 11,516,019 Total after deducting all expenses in- cident to operations, including those for ordinary repairs and maintenance of plants, employees’ bonus funds and interest on bonds and iixed charges of the subsidiary SEES cn a sels oct eb ésweestcse $40,170,960 $29,340,491 Less charges and appropriations for the following purposes : Sinking funds on bonds of subsidiary IN i aa 8 8655 G So 33 tic cies’ « $720,256 $506,096 Depreciation and reserve funds..... 5,569,949 5,511,000 $6,290,205 $6,017,096 Pane OOPS o's 0550 Sess vos eis $33,880,755 $23,323,395 Deduct interest for the quarter on U. 8. Steel Corporation bonds outstand- RE eR a eae $5,849,363 $5,911,862 Sinking fund for the quarter on U. S. Steel Corporation bonds : DE S SG UGu doe bee aos bets 1,012,500 1,012,500 Interest on bonds in sinking funds 450,099 387,601 _ $7,311,962 _ $7,311,963 eset la eke *.... $26,568,793 $16,011,432 Dividends for the quarter : DE ced aes aie ow eb vse we $6,304,919 $6,304,919 a eee ae os, 6,353,781 3,812,269 Surplus for the quarter........ . $13,910,093 "$10,117,188 Less appropriated on account of ex- penditures for property, new plants Pr eee I 5 thee Balance of surplus for the quarter $6,410,093 "$5,894,244 Tons. Tons. Unfilled orders on hand, June 30..... 4,257,794 4,057,939 The earnings for the quarter ending March 31, 1910, were $37,616,876. For the half year the total earnings were, therefore, $77,787,836, against $52,- 261,759 in the first half of 1909. As the unfilled orders March 31 were 5,402,514 tons, there was a shrinkage in this respect of 1,144,720 tons up to June 30. The directors adopted the following resolution at their meeting Tuesday afternoon: “That the officers hereafter make public on the 1oth day of each month the aggregate tonnage of unfilled orders on hand at the close of the previous month.” ——>+-e—____ Receivership for the Dunbar Furnace Company On application of L. & R. Wister & Co., Philadel- phia, Walter C. Harris of that city was made receiver of the Dunbar Furnace Company, July 22. Mr. Harris is president and L, & R. Wister & Co. are general man- ager and general sales agents of the furnace company, whose two blast furnaces and coking plant are located at Dunbar, Fayette County, Pa. The authorized cap- ital stock of the company is $1,000,000, of which $886,- 700 is outstanding. There is an issue of $500,000 of second mortgage bonds, due in 1913, of which a suffi- cient amount has been reserved to retire $119,000 of prior liens. The receiver will continue the operation of the company’s plants. A Philadelphia dispatch says that it is not intended under the receivership to liqui- date the concern completely. It is added that the company had a stock of about 42,000 tons of pig iron, or 40 per cent. of a year’s output, and that all of it was sold, but, owing to the condition of the iron trade, customers could not be compelled to complete their contracts. The company has assets of about $3,000,- 000, against liabilities of about $1,400,000. July 28, 1910 Sanitary Enameled Ware Manu- facturers Sued The Department of Justice filed in the circuit court at Baltimore, July 22, a suit under the Sherman anti- trust law against an alleged unlawful combination of 16 manufacturers of sanitary enameled ware. The defendant concerns are scattered over nine States and control, so the Department of Justice alleges, 85 per cent. of the total output of sanitary enameled ware in this country. The suit differs from others that have been insti- tuted under the Sherman act, in that the defendants have attempted, so the Department charges, to conceal their unlawful purposes under the guise of a licensing arrangement under a patent. The concerns involved assigned a patent to a person selected by them and then all took licenses to manufacture and sell under the patent, and by these license agreements, fixed prices and all the terms of the combination. The Department of Justice charges that they attempted to use the patent laws as a screen while violating the Sherman anti- trust law. The charges are that there is a general understand- ing among the defendants as to discounts to be allowed to jobbers; that they compel all jobbers to sign con- tracts stipulating the prices at which the goods are to be retailed and making other binding combinations; that they refuse to sell their goods to any jobber who declines to sign one of these uniform contracts; that they have divided up the country into trade zones among themselves ; that they have by agreement limited their respective outputs, and that they impose a severe penalty upon any member that departs from the rules of the combination. The alleged trust began operations openly on June 1. The most important products of the companies are bathtubs, washbowls, lavatories and sinks. The De- partment asks for an injunction restraining the de- fendants from continuing the combination. The suit in equity is directed also against the officers of the company. The 16 companies involved are named, as follows: Barnes Mfg. Company, Mansfield, Ohio. Cahill Iron Works, Chattanooga, Tenn. Colwell Lead Company, New York City. Day-Ward Company, Warren, Ohio. Humphreys Mfg. Company, Mansfield, Ohio. Kerner Mfg. Company, Pittsburgh, Pa. J. L. Mott Iron Works, New York. McCrum-Howell Company, New York, MacVay & Walker, Braddock, Pa. National Sanitary Mfg. Company, Salem, Ohio. Standard Sanitary Mfg. Company, Pittsburgh, Pa. United Sanitary Mfg. Company, Noblesville, Ind. United States Sanitary Mfg. Company, Pittsburgh, Pa. L. Wolff Mfg. Company, Chicago, Il. A. Wieskittel & Son Company, Baltimore, Md. Wheeling Enameled Iron Company, Wheeling, W. Va. A press dispatch from Louisville, Ky., quotes Theo- dore Ahrens, president of the Standard Sanitary Mfg. Company, as follows: This suit grows out of certain patents we have taken up, resulting in a rearrangement of prices. It is true, as stated, that we control 85 per cent. of the output of sanitary enam- eled ironware, but it is not true that we have advanced prices nor have we compelled jobbers to sign ironbound con- tracts aS a condition to obtaining our goods. We have not refused to sell to any one not signing such contract. Be- fore we took up these patents we laid the matter before the Department of Justice and were assured that our plans were perfectly legal. ———- — -~-0-@ -- — ---- One of the recent orders received by the Allis- Chalmers Company, Milwaukee, was from the Finnish American Copper Company of Helingfors, Finland. This order was for a complete “fine” concentrating plant for the extraction of copper, lead and zinc. There was also included the power equipment, made up of boilers, engines, generators and everything nec-- essary for the entire plant. SE Es asta Seachem July 28, 1910 The Iron and THE IRON AGE 187 Metal Markets A Comparison of Prices Advances Over the Previous Month in Heavy Type, Declines in Italics. At date, one week, one month and one year previous. July27, July20, June2z9, July28, PIG TRON, Per Gross Ton: 1910. 1910. 1910. 1909. Foundry No. 2, standard, Phila- ROD RIA, be oss eile heats GH ba $16.25 $16.25 $16.25 $16.75 Foundry No. 2, Southern, Cincin- ONE. 53.6.0. ve sw eg he share Fae ate 14.75 14.75 14.75 15.75 Foundry No, 2, local, Chicago... 16.50 16.50 16.75 17.00 Basic, delivered, eastern Va.... 15.50 15.75 15.75 16.50 Basic, Valley furmace.......... 14.50 14.50 14.50 15.25 Bessemer, Vittsburgh.......... 16.40 16.40 16.40 16.90 Gray forge, Fittsburgh........ 14.40 14.40 14.90 14.90 Lake Superior charcoal, Chicago 18.50 18.50 18.50 19.50 BILLETS, &c., Per Gross Ton: Lessemer billets, Pittsburgh.... 24.50 25.00 25.00 24.00 Forging billets, Pittsburgh..... 80.00 30.00 31.00 28.00 Open hearth billets, Philadelphia 28.50 28.50 28.50 25.50 Wire rods, Pittsburgh......... 29.00 29.00 31.00 31.00 Steel rails, heavy, at mill...... 28.00 28.00 28.00 28.00 OLD MATERIAL, Per Gross Ton: Steel rails, melting, Chicago.... 13.00 13.00 13.50 14.75 Steel rails, melting, Philadelphia 14.00 14.00 14.25 16.00 Iron rails, Chicago...... a teh om 16.50 16.75 17.00 17.00 Iron rails, Philadelphia........ 18.00 18.50 19.50 19.50 Car wheels, Chicago.......... 14.75 14.75 15.50 16.00 Car wheels, Philadelphia...... 14.00 14.00 14.50 15.00 Heavy steel scrap, Pittsburgh... 1.00 14.50 15.00 15.75 Heavy steel scrap, Chicago..... 12.25 12.25 12.75 14.25 Heavy steel scrap, Philadelphia. 14.00 14.00 14.25 16.00 FINISHED IRON AND STEEL, Per Pound: Cents. Cents. Cents. Cents. Refined iron bars, Philadelphia. 1.42% 1.45 1.47% 1.45 Common iren bars, Chicago.... 1.40 1.40 1.45 1.35 Common iron bars, Pittsburgh.. 1.50 50 1.50 1.45 Steel bars, tidewater, New York 1.61 1.61 1.61 1.46 Steel bars, Pittsburgh......... 1.45 1.45 1.45 1.30 Tank plates, tidewater, New York 1.56 1.56 1.61 1.51 Tank plates, Pittsburgh........ 1.40 1.40 1.45 1.35 Beams, tidewater, New York.... 1.56 1.56 1.61 1.51 Beams, Pitteburght... 6. seis es 150 140 1.45 £1.85 Angles, tidewater, New York.... 1.56 1.56 1.61 1.51 Angles, Pittsburgh........... & 1.40 1.40 1.45 1.35 Skelp, grooved steel, Pittsburgh. 1.50 1.50 1.50 1.35 Skelp, sheared steel, Pittsburgh. 1.60 1.60 1.60 1.45 SHEETS, NAILS AND WIRE, Per Pound: Cents. Cents. Cents. Cents. Sheets, black, No, 28, Pittsburgh 2.25 2.30 2.40 2.20 Wire nails, Pittsburgh*........ 1.70 1.70 1.80 1.80 Cut nails, Pittsburgh.......... 1.70 1.70 1.75 1.75 Barb wire, galv., Pittsburgh*... 2.00 2.00 2.10 2.10 METALS, Per Pound: Cents. Cents. Cents. Cents. Lake cooper, New York........ 12.62% 12.62% 12.75 13.50 Electrolytic copper, New York.. 12.50 12.25 12.37% 13.00 Spelter, New York........00.. 5.20 5.2 5.20 5.35 Speiter; Mt: Toe... <5 vos oad’ 5.05 5.05 5.05 5.27% Tae8 Hew TORR... che cad bins 4.40 4.40 4.37% 4.35 Eeed, St. Lanle. iii sti nank 4.25 4.25 4.22% 4.20 Tin, New Woks 266.8 cee B. 33.25 33.25 383.00 29.30 Antimony, Hallett, New York... 8.00 8.00 8.12% 7.50 mickel, New Yorke is 5 2% 45.00 45.00 45.00 45.00 Tin plate, 100 lb., New York... $3.84 $3.84 $3.84 $3.64 * These prices are for largest lots to jobbers. Prices of Finished Iron and Steel f.o.b. Pittsburgh Freight rates from Pittsburgh in carloads, per 100 Ib.: New York, 16c.; Philadelphia, 15c.; Boston, 18c.; Buffalo, lle.; Cleveland, 10c.; Cincinnati, 15c.; Indianapolis, 17c. ; Chicago, 18c.; St. Paul, 32c.; St. Louis, 2244c.; New Or- leans, 30c.; Birmingham, Ala., 45c. Rates to the Pacific Coast are 80c. on plates, structural shapes and sheets, No. 11 and heavier; 85c. on sheets, Nos. 12 to 16; 95c. on sheets, No. 16 and lighter; 65c. on wrought pipe and boiler tubes. Structural Shapes.—I-beams and channels, 3 to 15 in., inclusive, 1.40c. to 1.45c., net; I-beams over 15 in., 1.55c., net; H-beams over 8 im, 1.65c.; angles, 3 to 6 in., inclusive, ¥Y% in. and up, 1.50c., net; angles, over 6 in., 1.55¢., net; angles, 3 x 3 in., and up, less than % in., 1.65c., base, half extras, steel bar card; tees, 3 in. and up, 1.55¢., net; zees, 3 in, and up, 1.50c., net; angles, channels and tees, under 3 in., 1.40c., base, plus 10c., half extras, steel bar card ; deck beams and bulb angles, 1.75c., net; hand rail tees, 2.75c., net; checkered and corrugated plates, 2.75c., net. Plates.—Tank plates, %4 in. thick, 64 in. up to 100 in. wide, 1.40c. to 1.45c., base. Following are stipulations pre- scribed by manufacturers, with extras to be added to base price (per pound) of plates: Rectangular plates, tank steel or conforming to manufactur- ers’ standard specifications for structural steel dated February 6, 1903, or equivalent, 4-in. thick and over on thinnest edge, 100 in. wide and under, down to but not including 6 in. wide, are hbase. : Plates up to 72 in. wide, inclusive, ordered 10.2 lb. per square foot are considered 4-in. plates. Plates over 72 in. wide must be ordered \%-in. thick on edge. or not less than 11 Ib. per square foot, to take base price. lates over 72 in. wide ordered less than 11 Ib. per square foot down to the weight of 3-16-in. take the price of 3-16-in. _ liowable overweight, whether plates are ordered to gauge or weight, to be governed by the standard specifications of the Association of American Steel Manufacturers, Gauges under %-in. to and including 3-16-in, on | eee ecencen $0 Gauges under 3-16-in. to and sectoding Ne Sekwies 240 ° ert Gauges under No. 8 to and including es 25 Gauges under No. 9 to and including No. 10...... .30 Gauges under No. 10 to and including No. 12..... -40 Sketches (including all straight taper plates), 3 ft. and over in lengt