The Iron Age 1911-04-13: Vol 87 Iss 15

fupusned c.very 1 aufsuay vy the DAVID WILLIAMS COMPANY 239 West 39th Street, New York the New York Post Office as Sevend Class Mail Matter Price, United States and Mexico, $5.00 per Annum; to Canada, per Annum; to Other Foreign Countries, $10.00 per Annum. Single Copies, 20 Cents. - = - - - PRESIDENT - - - TREASURER AND GENERAL MANAGER BUTTENHEIM, - - - ” - SECRETARY . W. Cope - - - : \ eorrons |, Finovey, - - - - - H. R. COBLEIGH, MECHANICAL EDITOR Branch Offices Philadelphia, Rea! Estate Trust Building Chicago, Fisher Building gh, Park Building Cleveland, American Trust Building mpton Building Cincinnati, 807 Andrews Buildine Milwaukee, 416 Engineenng Building. CONTENTS itoris PAGE Quietness in AD WR Caldas cctuide er seen es cens 881 Our New L@cuils nits ax da Cis so Os par es eee cen 882 rhe Readers of FREECOM « ds voc Gece obs ch th ce eet 882 Accident Compensation and Concilljation............. 883 Awakening to the Danger of Fire...........seeeeeees 883 A Notable: ARNBVORDERE « s.Wsoes ii dn cicleihveccwiaeza 883 Workmen Appreciate Technical Publications.......... 88-4 Correspondence sie i't.s ot ews de ab ees 0 o:4'b twee oe bls 8% 2 o'eew R84 The Newark Foundrymen’s Association.............e+0045 884 The Machine Tool Builders’ Convention.............e.+0+: 884 March Copper Production and Stocks.............seeee0. 884 Philadelphia Pig Iron Prices for 10 Years...............: 885 Iron and Metal Market Reports........... .... 886 to 894 1 and Industria} epGi it vais 6 ales > oe oak ee ss ows Ue bee 895 Notes on Price@n.ci:s4 ki ae } HOR ek ae eee 895 N I 2nG. ADmGOE a6. 016 cin -68s 6; 6:5,0.06 mins eh ie 896 Y cece sees eee CAE US ee sne teach ey Ue kt Ce ce oor Ls o% o's ot Es Rae Re Oh RSS Ome @ Me b ota on 897 Re IT mimns gr ORSON i¢ ih digish 3 oa aio so se as ae 898 The born Mfg. Company Buys the American Wire Brush MPANnyY ...cs ees Aa tiem nd «Pkathia Red wale Me mAeea chan 900 The National Metal Trades Association..........+++0.+5: 901 Buffal KO Rated Pee 3 c0 1 sdk s rons veces: nawaneas 901 Quebec Brigg (GE cites vin-ou op ae db eae 901 B h Trade Conditions Less Favorable......... ia . 901 Efi y Methods of the Tabor Mfg. Company........... 902 for the Foundrymen’s Convention.......... iia Cae ple Supply Convenient xvcauiiad csiees« dsw kaso 904 M Gern Business Meth aie utiwirpeis bel ce te RK Cie ae 905 ied Orders of the Steel Corporation................. 906 : Hart Parr Company’s New Foundry................. 906 sake Superior lrom Cre" meagan va vn Sele es se cv ele is 5 - 906 vittsburgh-Westmoreland Coal Company............. 907 ‘he Proposed Southern Merger. ws ‘mn ¥ ess 4 5. Oe ™ New York and New Jersey Branch Metal Trades Blec- wh. oo Ge 90 'e'8. 16 o Wie biti pth at's ‘Biv etwas ease eRe Wid wet eae 907 | Mutuality 220 2 cits ee onan eon eee 908 | vermany'’s Steel Pradgetion’ i AIO. divs. hoes cae eee 911 ers’ Liantlity ° RON Ss oe eo te eee: 912 luence of Manganese on Soft Steel................ 913 . ’\Ploration of Cuban Iron Ores. Mlustrated.......... 914 “ ren delphta Foundrymen’s Association.............. 918 9 ing Automatic Eliminator. Iilustrated......... 918 r Laval Turbine Reducing Gear. Illustrated........ 919 Steel Trade: Pees o's s yiegic aa = debniandie-aitin.whs 920 a s Iron and Steel POMNONB i Se csrideees 5. bes SN ndusteial I tinned Kee vs nck uk ¢ vis ee I) icklieh Multiple Injector Sand Blast. Illustrated... 923 \ ) Pennsylvania Railroad Track Seale, Tlustrated.... 924 * Iner Cruabior, . TUMMUGOOR oo <icacic dees codecs 927 The 7 4, 22soline Engine Trades Convention.....--.-----. 927 tN erty Gas e alorimeter. Wlustrated... 22222272222: 928 i v ‘vessel for the Cuban Coal Trade. .. 265.55. 08.--05 929 ta nestra Steel Sash Orders. ..........ccseceecces 929 The core ReSPORSMTIS 5 040 65.545 6 eS Vo > cue an Oath 930 “4 ‘wark Reversing Convertible Simple or Compound 4 Thwstentedl yisicis saa tes vekildwn 4s Heb» enna , Lubrieamty, - 3672550 65 tae no ba Reet tak y's AS 931 Sn. B , ige Oilsfone Holder Tllustrated..........-..-++-- 931 | The fet lassachusetts Fan Drives. ITlustrated........... 932 : Turt a Billet and Serap Hauls. Tllustrated........... 933 The hea riven Gas WOO. 06 io 500 teins bok ow hcuw due - 933 The We k & Blum Adjustable Emery Wheel Hood. Wlus.... 933 Trea Mi ‘hinery Market Reports............. nana 034 to 942 O. Publications be be eine bk bs three ie btn we Be Ps ‘dies HE [RON AGE _ Bstablisined ee York, | April 13, 1911 Vou. 87: ‘te 45 Quietness in Al All Markets Some Weakness in Sheets and Bars— Export Trade Falling Off In point of new business both pig iron and finished material markets have been quieter in the past week than in any other since January. While there is little change in the scale of mill operations, it is evident that if it is to be long maintained the stream of new orders must increase. A feeling of disappointment is appearing, but against it is the fact that even the bare hand-to-mouth buying, which is now the rule, has some favorable surprises week by week. Moreover, the unfilled orders in the hands of the steel companies now represent actual business, much of it for early roll- ing, and therefore make a better comparison with the larger totals of other years than appears on the. face of the statistics. The railroads in particular give little promise of larger buying, and those who speak for them are dis- couraging anything but modest expectations on the part of the steel trade for the entire year. Publications abroad concerning exports of sheet bars from the United States to England and Wales refer to such shipments as growing, whereas they have been smaller than at the same period last year. In Jan- uary and February our total iron and steel exports averaged 150,000 tons, or 50 per cent. more than the monthly average for 1910, but foreign inquiry and orders have been falling off for several weeks. The Harriman lines have placed 72,000 tons of rails which presumably dover only a part of the year’s re- quirements. The Illinois Steel Company will furnish 21,225 tons of Bessemer-rails, the Tennessee Company 18,000 tons of open hearth rails and the Colorado Com- pany 33,000 tons of open hearth rails. The Brooklyn Rapid Transit Company has bought 2000 tons, the Boston Elevated 1800 tons and one of the Chicago ter- minal roads 2500 tons. Structural contracts of the week include 2500 tons for the Gunther Building, Chicago; 3000 tons for the Trinity Corporation’s printing building in New York, 1500 tons for an International Harvester Company machine shop in Milwaukee and 2000 tons of bridge work for a Western road. Bids have been taken on 7500 tons for the Insurance Exchange Building in New York, and bids close this week on 4000 tons for the Pennsylvania Hotel, Pittsburgh, and 2500 tons for the Garv Screw & Bolt Company’s new plant at Gary, Ind. The extensive grade crossing work of the Penn- sylvania Railroad in Cleveland will come upon the market in June. A co-operative movement, only tentative as yet, is on foot in the fabricating trade, which has suffered severely from the extremely low prices, not only on large contracts, but on much of the ordinary steelwork let in recent months. Weakness in iron bars is more pronounced in East- ern and Western markets. Refined iron bars have sold * bate = soit ese! eee tert 882 THE IRON AGE April 12, 1911 at i.35 cents, delivered in eastern Pennsylvania. There is some indication in the West that the steel bar market is not so firm. Sheet manufacturers will meet this week to consider trade conditions. Prices on sheets have been less gen- erally maintained of late. Recent cutting on rivets has precipitated an open market. Boiler rivets have sold at 1.75 cents, Pitts- burgh, or $5 a ton below what has been considered the regular basis. For the Chilean warship contract three bids are reported from the United States, and the tonnage in armor and hull plates is put at 8000 tons. A Toledo, Ohio, shipyard has taken a car ferry contract calling for 2500 tons of plates and shapes. Low prices on ferromanganese for the second half of the year have brought out a good deal of business, some of which was done at $36.50, Baltimore. The pig iron market goes on in the same rut, with buyers and sellers looking for light on the situation for the last half of the year, and finding little. Furnaces are getting less of an advance for that delivery than in early March. Southern iron has sold in a few cases below $11 for early delivery. The chief inquiry pend- ing is from pipe works. The market for steel-making iron is at a standstill. Lake Superior ore prices may be announced in the coming week. Furnace interests are by no means a unit in the view that last year’s prices must be held as a prop to pig iron, and a reduction of 25 cents is now discussed as being not so radical as to shake the gen- eral market, while it takes some account of the change in conditions. Our New Location This week the David Williams Company, publisher of The Iron Age, the Iron Age-Hardware, the Metal Worker, Plumber and Steam Fitter and the Building Age, has effected the removal of its offices from 14 Park place to 239 West Thirty-ninth street, between Seventh and Eighth avenues, New York City. As might be expected, the removal of the extensive busi- ness of this company has not been accomplished with- out some confusion, and it is possible that a number of our friends may find their correspondence delayed dur- ing the course of the rearrangement of the various departments in the new quarters. The delay will sim- ply be temporary, and it may be expected that in a very few days all the business of the company will be pro- ceeding as smoothly as usual. We shall be glad to wel- come visitors in our new location, which we trust will prove convenient to a larger number than the old quarters in the downtown section of the city. The Readers“of “The Iron Age” Within the past few months W. H. Taylor, general manager of the David Williams publications, has ad- dressed a letter to 5000 subscribers to The Jron Age, asking each to state specifically who reads the copy of the paper thus received. The replies have been most gratifying, and we here express our appreciation and thanks to the more than 3200 persons who took the pains to write us. The fact that 64 per cent. of those addressed re- plied to this letter is a splendid evidence of the good will of our readers. The inquiry was not s tO se- lected firms or companies, but the first 5000 names on our subscription list were taken as being fairiy repre. sentative of the whole circulation. But we will sijj welcome from any reader a letter offering sugvestions for the improvement of The Jron Age and telling who reads his copy of the paper. The letter of inquiry said that the information was sought with a view to making the paper more valya- ble, and many of our correspondents volunteered friendly criticism and suggestion. But the feature of the replies which is of most striking interest is the statistical exhibit they make possible, classifying the readers of The Iron Age. We find that the 3209 replies represent 10,386 readers, divided as follows: CREED “DENI WET, 6-6 ico nc bee n'o cc cee us pO esse O es. . 8,401 a! SO Ser ee ent re fe ee ee 963 Superintendents and engineers.........eeeeeeeeeess i= PRN “Wn kw Sue's oe bk 0s bee OR DD We Ob + oR OES ac coc 604 oT | ee err TUS ere er el ae .. 3,933 * Readers for whom no specific position was given in the reply. It is possible that a large number of such readers would properly be placed in the other classifications if complete infor mation was available, Assuming that the same proportion holds for the entire circulation of 12,000 copies, and no reason can be seen why it should not, the total readers of each issue of The Iron Age are found to be over 38,000, of whom nearly 13,000 are officers and managers, nearly 4000 purchasing agents, over 5000 superintendents and engineers and over 2000 foremen, From this exhibit it is evident that, in the effort to make The Jron Age more valuable, weight must be given to the things of special interest to the officers and superintendents of the manufacturing plants in iron and steel and metal working lines. Readers among mechanics and other workmen are relatively few, and therefore negligible, in determining the character of reading matter. Even among the foremen, the readers as compared with superintendents and engineers are only in the ratio of about 1 to 2%4, while the ratio of actual foremen to superintendents is, perhaps, more nearly 2% to 1; that is, many of those reported as foremen who read The Jron Age are men fairly rank- ing as superintendents—the foremen in more responsi- ble positions. An important phase of this information, and one which will be put to good use, is its value to advertis- ers. For an advertiser to know exactly the class of buyers reading his announcements is to enable him to frame his argument to the best effect. To appeal to the general manager of an industrial plant calls for a very different advertisement from that used to attract the attention of a mechanic. We shall therefore give the widest publicity to the data our subscribers have furnished us, and the subscriber first and last will reap the benefit. For more than half a century The Jron Age has e0- joyed a unique reputation. Its present publishers came to the direction of its affairs 18 months ago with an appreciation of its prestige, but with no such realization of its great scope and power as the 3209 letters from our subscribers have brought. The character of the firms or companies, the positions occupied by the men signing the letters, and the interest so generally pressed in the publication are telling proof of the fluence of The Jron Age in the metal industries of the country, a The publishers of this paper realize the responsibil April 13, 1911 ing up to such a reputation and of meéeting ectations. But with the continued co-opera- their readers, they dare to believe that the ids even better things than have yet been Accident Compensation and Conciliation to be deplored that the spirit of antagonism to ers, which. some leaders of organized labor n every occasion, should have entered into the -ission of the question of accident compensation, [he hearings before the various State Commissions have developed no little feeling. In one or two cases members of these commissions who were regarded as presenting organized labor have been bitterly as- sailed by the unions because they have been willing to cept certain compromises where the issue was sharp- lrawn between the interests of employers and em- whole purpose of the movement in which em- ployers have taken so active a part in the past few vears is to get this question on a highef plane. As ng as accident claims are contested on the strict basis iw, the spirit of the pound of flesh may be ex- ‘ted on both sides. In the effort to introduce con- ments for the technicalities of legal conflicts, it ild seem that both sides should approach the ques- without animosity. The history of litigated acci- lent cases is well known. Whether employer or em- wee has lost in any particular case—and both have been heavy losers in the long catalogue of accident there has always been one successful class— those whom employers and workmen. have employed to ight for them, Not only does the present movement | at conservation of life and limb, but at the saving i the large sums of money now expended in accident tigation with so grotesquely small result to the in- ired employee and his dependents. If a better way is be found it must not be sought in antagonism, but onciliation and mutual interest. ‘tis no time to attempt to recast the lines on which lern industry is conducted, nor to reverse at a ‘troke all the precedents and practice of centuries re- ‘ing to accident liability. There will be abundant pportunity for amending the legislation that will re- ‘t from the present agitation in the various States. | it must not be forgotten that the courts are still re and that nothing can come of attempts to wrest or statute rights. The whole rength of the new plans that are taking shape in i the States lies in the willingness of employers employees to adopt them. They must find reasons cir mutual interest for electing them, and all the tures and all the labor unions cannot take away wer of choice. common law Awakening to the Danger of Fire recent appalling fire in a New York City shirt- ‘actory, involving the loss of 144 lives, is causing ‘acturers throughout the country to examine more ‘uly the precautions against fire in their own ishments. Many of them find that subordinates ‘ed with the duty of looking after such details permitted the apparatus to get out of order. ails have been discovered empty, their contents THE IRON AGE 883 having evaporated; extinguishers have been permitted to become so old that their efficiency may well be doubted; fire doors intended to be closed except when actually in use are found open, even at night, and in- flammable rubbish has been permitted to accumulate in dangerous places. Long immunity from fire in any establishment is apt to make everybody in authority somewhat lax in guarding against it and in enforcing even the most ordinary precautions. It is deplorable that something really serious is required to awaken re- sponsibility or vigilance. A neighborhood fire involv- ing great destruction of property may do it to some ex- tent, but one which is accompanied by the loss of many human lives is a much greater stimulant to the en- ergetic overhauling of precautionary arrangements. It is to be hoped that the recollection of this great catas- trophe may be influential for more than a brief season. A Notable Anniversary The celebration at Boston this week of the semi- centennial of the charter of the Massachusetts Insti- tute of Technology signalizes the large contribution of this school to the country’s industrial advance. Iron and steel manufacture and the working of metals are fields in which a vast amount of good work has been done by the alumni of this excellent institution, and representatives of these industries have done much for the programme of the week’s congress. The half cenp tury has brought a development in industry, not only in the United States but throughout the world, well nigh equaling that of all the centuries preceding. It has been a period in which “ applied science” has come to be vastly significant in industrial operations, and the technically trained man has become a commanding fac- tor in commerce and manufacture. It is true that the view is now and then expressed that the supply of en- gineers is increasing more rapidly than the ability of mining, metallurgical and mechani¢al industries to ab- sorb such talent. But the conditions which have been emphasized in the familiar discussion of that question only mean that the standards are rising and that what was an extraordinary equipment 25 years ago is much nearer the average to-day. It is of particular significance that the celebration at Boston comes at a time when the field of applied science, once regarded as limited to the drafting room or the laboratory, is being extended to industrial man- agement. The direction of productive forces, formerly treated as a natural gift, depending little on training, is now recognized as a thing to be acquired, as other equipment for an industrial career is acquired. It is more than a coincidence that so much prominence is given in the papers read at the congress of the Massa- chusetts Institute to works administration and scientific management. It indicates that while many of the alumni of the institution have won distinction in de- veloping mines, in building and operating railroads, in producing and distributing power, and in the prac- tical applications of chemistry and metallurgy, others have made good contributions to the standardizing of modern factory practice. In the development of higher efficiency in production, the value of scientific investi- gation has been emphasized recently as never before, and the trained man has taken a new place of prom- inence in shop management. The papers prepared for the Boston conggess, some ot which - a in ‘ ee ag Mechanics) ap = SE ras wore d Civil Engineers ; tte Me be ap catia EG Ss es - *. 884 THE IRON AGE April 13, 191 this issue, while others will follow, are in themselves an impressive exhibit of the equipment the technically trained mind brings to the solution of modern shop problems. Workmen Appreciate Technical Publications Those manufacturing establishments which main- tain libraries of technical publications for the use of their employees have found the expenditure a profitable one. The men use the libraries for the most part dur- ing the noon hour, but frequently, where the closing time permits, remain to take advantage of the oppor- tunity offered. The technical journals are chiefly sought. The public libraries are regularly visited for the same purpose by many workmen and _fore- men, and men higher in authority are occasionally found there. The librarians state that the use of this class of current literature is much greater than a decade ago, men realizing to a higher degree the value to their future of keeping in touch with current en- gineering conditions and improvements. Correspondence Labor Speeding Under Scientific Management Yo the Editor: The figures quoted by Frederick W. Taylor from his new book on “ The Principles of Scien- tific Management” indicate the theoretic possibility of one man loading from the ground 471% long tons of pig iron, in 92-Jb. pigs, in a working day of 10 hours. Yet I doubt the physical possibility that any man or set of men could continue to work for three years, at the pace ren- dered necessary by the figures quoted. According to them, it takes a man only 132-5 sec. of time to pick up a pig, carry it up an inclined plank, and deposit it on a car—the average length of such walk be- ing 36 ft. Allowing half of this time for the return, would make the total about 20 sec. for each pig, or 3 pigs per minute. At this rate the 1156 pigs would be loaded in 386 min. In the example given by Mr. Taylor, in his article frem which I quoted in my letter published in your issue of April 6, the job was finished in 9% hours, or 570 min. Subtracting 386 from above would leave for rest periods 184 min. Mr. Taylor has not yet given the length of these periods, but states that they were gen- erally taken sitting down after loading 10 to 20 pigs. Taking 15 pigs as the average, there would be 77 such periods during the loading, and 214 min. to each period does not seem to be an extravagant estimate for such rests, or 192 min. for all. Of course, I may have over- estimated the rest periods, but, considering what the loader has to do, my estimate does not seem out of the way, and I have been assured by doctors to whom I have submitted this matter that they do not think it physically possible for any man to continue working at this pace for any length of time without heart failure. This brings up the humanitarian side of the question, as well as the economic. Does it pay employers to re- quire their men to walk 16 miles per day (“these men walked about 8 miles under the load each day and 8 miles free from load”), carrying for 8 miles, partly up hill, * 106,400 lb. of pig iron,” in order to earn $1.85 per day, rather than one quarter of the amount at $1.15 per day? Does it pay the men to do 400 per cent. more work for €O per cent. more pay? Does not such “speeding” as this make the objection which the labor unions have to such methods both plausible and necessary? To ask these questions seems to me to answer them, and, while they may not enter into the calculations of the “ scien- tific manager,” yet from what I know of the manufac- turers of this country, as a body, they are not so inhuman as to require that their workmen shall risk their health and their lives in doing such “stunts” as Mr. Taylor mentions. ROBERT MATHEWS. Rocnester, N. Y. The Newark Foundrymen’s Association The April meeting of the Newark Foundrymei:s 4;. sociation, Newark, N. J., was held at the Washingt, oy the evening of April 5. After dinner the election of officers took place, returning the old officers to another term as follows: Franklin Phillips, president; James Flockhart, vice-president; Arthur E. Barlow, secretary, and G. Hannay, treasurer. An interesting talk on the “Government Method of Testing Government Meta)” was given by W. 8S. Prince, of Henry R. Worthington, Inc. Figures showing a variation of 20,000 Ib. tensile strength and 9 per cent. of the elongation in tests on bars poured from the same melt were given. He believes that the method now pursued by the Government inspec- tors, requiring a test bar to be attached to the casting, is faulty, inasmuch as it does not show the quality of the metal in the cast as the figures given proved. The next meeting of the association will be held May 4, and a lecture illustrated by stereopticon’ views on “Core Binders and Core Sands” will be given by H. M. Lane, editor of Castings. The association has invited nearby foundrymen and supply dealers, not now connected with the association, to this meeting. ——————_— »>-e—____—_ The Machine Tool Builders’ Convention The programme of the spring meeting of the National Machine Tool Builders’ Asseciation, at the Marlborough- Blenheim, Atlantic City, May 18 and 19, is practically completed. The opening session, Thursday morning, will be given up to committee reports, and the afternoon to the meetings of the various committees representing the different divisions of the industry. On Friday the papers aud topics of discussion will be as follows: ‘Department Plan of Ma¢hine Tool Arrangement on the Basis of Equipment,” by F. C. Kent, superintendent Pierce-Great Arrow Company, Buffalo, N. Y. “Department Plan of Machine Tool Arrangement on the Basis of Product,’”’ by a speaker to be announced. Open discussion period of 20 minutes. “The Scientific Development of Shop Efficiency,” by F. W. Taylor, general manager Tabor Mfg. Company, Philadelphia. “The Proper Distribution of Expense Burden,” by A, Hamil- ton Church, certified accountant, Boston. Open discussion period of 15 minutes. ‘Employers’ Liability and Workmen’s Compensation,” by F. C, Schwedtman, chairman Industrial Association of St. Louis, and James A, Emery, counsel National Association of Manufac- turers, Washington, D. C. Reports of convention committees. Se March Copper Production and Stocks The Copper Producers’ Association has issued its monthly statement for March as follows: Pounds. Stock of marketable copper of all kinds on hand at all points in the United States March 1........ 156,637,770 Production of marketable copper in the United States from ali domestic and foreign sources during DEBPOD ino od cba ene } habe n'a)s wy ba eee 130,532,080 Deliveries of marketable copper during March: For domestic consumption............. 66,080,789 POP GEDOEE, 0.6.05 5. 56 0 00 os 0% 00:0 9.5 6 ibs ae CMe cas when as peel a sink: 6 oko See aie . . -125,161,916 Stock of marketable copper of all kinds on hand at all points in the United States April 1......... 162,007,934 These figures show an increase in stocks from March 1 to April 1 of 5,370,164 1b., which is a considerably smaller increase than had been expected. This is the more striking in view of the fact that for the first time the refinery production for any one month exceeded 150,- 000,000 Ib. In 1910 there were two months when the out: put exceeded 127,000,000 1b., while the high mark in 1909 was 124,000,000 Ib. il Vol. I.. No. 1, of the Steel and Metal Digest, being the April number of a new publication by the American Metal Market Company, New York. is in pamphlet form, and contains 36 pages, 6 x 9 in. The purpose of the journal is to give a summary of events in the metal, iron and steel markets month hy month, with tables of prices and other statistics relating to these trades. THE IRON AGE A 191! Philadelphia Pig Iron Prices for 10 Years ‘equests have been received for pig iron prices for a series of years Pa.. and vicinity that August A Miller, editorial representative in that city, has compiled the subjoined 10-year tables, which are the weekly quotations published in our market reports, and has also ese tables the diagram given herewith: Standard Brands Eastern Pennsylvania No, 2 X Foundry Iron. Prices 1902. 1903. 1904. 1905, 1906. 1907. 1908. 1909. 1910. “) $16.75 $22.45 $14.69 $17.50 $18.50 $24.80 $18.25 $17.25 $19.00 1 17.19 22.25 14.50 17.50 18.50 25.87 18.25 17.00 18.69 fa 12 1881 £2.25 14.80 17.56 18.35 25.00 18.12 16.37 18.09 f 46 19.62 21.87 15.00 17.75 18.44 24.81 17.65 16.20 17.75 fa 19 19.75 20.06 4475 17.81 18.50 25.55 16.94 16.06 17.00 : 5.06 20.94 19.19 14,50 16.75 1844 24.62 16.62 16.42 16.50 j 00 22.20 1810 14.31 16.12 18.25 23.06 16.50 16.50 16.25 ig 1.97 22.00 1687 14.25 16.25 19.00 21.90 16.50 17.09 16.00 ept ($0 22.00 16.12 14.25 1643 20.44 20.50 16.62 18.05 16.00 : o5 6.22.12 «15.20 1443 17.95 21.12 19.85 16.75 18.69 15.81 37 «23.37 15.00- 15:75 18.05 23.80 18.94 17.00 19.00 15.68 7506 23.00 15.00 16.90 18.25 24.00 18.84 17.25 19.00 15.50 Average Prices Standard Brands Basic Iron, 01 1902. 1963, 1904. 1905. 1906. 1907. 1908. 1909. 1910. $14.00 $15.87 -s» $13.75 $16.50 $17.85 $23.87 $17.04 $16.75 318.75 94 17.25 $20.00 13.79 16.50 17.97 24.37 17.25 16.56 18.50 , 1400 18.25 26.00 13.78 1669 17.82 2444 17.25 15.50 17.88 150 19.00 19.81 14.090 16.75 1786 2400 17.25 15.00 17.50 14.29 19.00 19.25 18.81 16.53 17.59 24.65 16.25 15.00 16.70 June 1419 19.50 18.75 12358 16.00 17.75 23.94 15.50 15.50 16.10 ) 14.00 20.70 17.75 13.04 15.00 17.82 2233 15.10 15.80 = 15.70 14.00 20.50 16.00 12.81 15.25 17.96 20.65 15.00 1687 15.20 ; 100 20.59 «15.12 12.73 15.81 23.15 19.08 18.25 18.00 15.05 ) 14.00 £0.50 14.50 13.18 17.08 18.58 18.40 15.50 18.83 15.00 14.19 20.50 14.06 15.75 17.55 19.56 17.81 16.25 18.62 14.95 62 20.50 1379 1456 17.81 22.7% 17.33 16.70 18.75 15.00 Average Prices Standard Brands Gray Forge Iron. 1901. 1902. 1903. 1904. 1905, 1906. 1907. 1908. 1909, 1910. $14.50 $15.87 $20.50 $13.50 $16.00 $17.00 $22.37 $16.45 $16.06 517.75 14.19 16.62 20.00 138.50 15.62 16.62 22.50 16.50 16.00 17.50 14.00 17.62 19.50 18.50° 16.00 16.50 23.00 16.50 15.44 16.90 14.37 18.19 1912 18.78 16.00 16.50 2262 1615 1495 46.62 1430 18.35 18.62 13.56 15.75 16.50 22.70 15.44 1481 15.94 14.06 18.94 17.87 13.25 15.20 16.16 22.56 (15.12 15.18 15.65 i350 20.20 17.50 13.12 1462 16.19 21.69 45.09 15.35 45.37 13.75 20.50 «615.81 13.00 4475 1715 19.20 45.00 15-94 15.00 1275 20.00 «14.94 12.90 448) 17.75 18.50 15.87 16.85 14.75 13.75 19.75 14.05 13.19 15.69 18.42 17.85 15.50 17.50 4469 13.94 21.00 18.76 14.56 16,25 20.70 416.75 15.62 17.75 144.69 14.44 21.00 18.75 15.90 16.25 21.75 1650 15.85 17.75 14.65 Average Prices Standard Brands Low Phosphorus Iron, 02 1903. 1904, 1905. 1906. 1907. 1908 1909. 1910. ge $20.00. $24.33 $27.19 $24.60 $21.50 $22.81 . £91.37 20.00 24.50 26.62 24.00 21.50 22.94 : 21.31 20.06 25.00 27.00 23.62 21.37 23.00 , 21.25 20.56 ©2475 27.00 23.40 20.70 23.00 ; : 20.99 20.56 24.70 27.45 21.50 19.56 23.00 : “IO 20.85 eh 20.56 24.50 27.69 21.00 19.50 22.90 00 $17.75 20.25 24.50 27.69 21.00 19.50 22.56 0 17.50 20.45 24.50 27.60 20.87 20.25 22.50 37 21.88 17.50 20.56 £4.69 27.50 20.25 21.00 22.50 . 21.00 18.06 21.75 25.44 27.05 20.00 22.25 22.50 : a. J 23.50 26.45 25.75 20.62 22.75 22.50 0 20.00 19.90 24.00 27.25 25.00 21.40 22.75 22.50 sc ialnsssithansilbiaacosiiensala , ‘‘tdale Foundry & Machine Company, Scottdale, Pa., manufacturer of ichinery, recently furnished a large mill table embodying some spe- * fo the Superior Steel Company, Carnegie, Pa. A, 2 aes . drews & Hitchcock Iron Company contemplated blowing in one of its veek, but has decided to allow it to remain out of blast for the present Pete Steel & Iron Foundry Company, Joliette, Quebec, Canada, re- “l a OF ¥ et a 2500-Ib. Baillot converter. Steel castings were first made on , ‘'Tton & Steinbrenner Company, Chicago, has appointed W. Van R. Whit- ("] “Ce o 7 , "00 res 7 a by vurch Street, New York City, as New York and New England repre- its locomotive cranes and grab buckets, forti ¢ , a m a are convention of the National Association of Stove Manu- i 1e and 19 ‘eld at the Hotel Astor, New York, Thursday and Priday, May 11 } shied : r Cot ore ia - + + +—4 ' + Cie : 1 | “onw ; } ; Steet tT rrcrerre saan | oh + ttt +-—$-—+ t+t9 | et 4 - } i ff Pree TTT net | weal | ime a ei pet | od Soneee A a C4 Leet BK ee Se ee we tome GR RAE PSR AR ERE SEH GRAY FORGE a LOW FHOSPHORUS —-—-— -— X Foundry, Basic, Low Phosphorus and Gray Forge Pig Iron, Per Gross Ton, at Philadelphia, Pa., Compiled by August A, Miller BASIC —-—-—- NO. 2 X FOUNDRY Fluctuations in Standard Brands of Eastern Pennsylvania No. ” = PTA ONS Sek tl RRR ee IRE eee aS or § Pie Taig ntenn oedipal esthamerrehmsatiginialien et eipct tin tat easel agin Ais and tty PO, age ahh spies Sek 2 na Ms at ath Qa “Eu. @~ 886 The Iron and THE IRON AGE April 13, 191) Metal Markets A Comparison of Prices Advances Over the Previous Week in Heavy Type, Declines in Italics. At date, one week, one month and one year previous, Apr. 12, Apr. 5, Mar. 8, Apr. 13, PIG IRON, Per Gross Ton: 1911. 1911. 1911. 1910. Foundry No. 2, standard, Phila- GR hk ss ts ids canes $15.50 $15.50 $15.50 $17.75 Foundry No. 2, Valley furnace... 13.75 13.75 13.75 15.75 Foundry No. 2, Southern, Cincin- Ds Se ne ee 5 a hie es dca dace nel 14.25 14.25 14.25 15.25 Foundry No. 2, Birmingham, Ala. 11.00 11.00 11.00 12.00 Foundry No. 2, local, Chicago... 15.50 15.50 15.50 17.50 Basic, delivered, eastern Pa.... 15.25 15.25 15.25 17.50 Basic, Valley furnace.......... 13.75 13.75 13.75 16.00 Bessemer, Pittsburgh.......... 15.90 15.90 15.90 18.40 Gray forge, Pittsburgh........ 14.40 14.40 14.40 16.15 Lake Superior charcoal, Chicago 17.50 17.50 17.50 19.00 COKE, CONNELLSVILLE, Per Net Ton, at oven: . Furnace coke, prompt shipment. 1.60 1.60 1.55 1.75 Furnace coke, future delivery... 1.75 1.75 1.75 1.95 Foundry coke, prompt,shipment. 2.00 2.00 2.00 2.55 Foundry coke, future delivery. . 2.25 2.25 2.25 2.75 BILLETS, &c., Per Gross Ton: Bessemer billets, Pittsburgh.... 23.00 23.00 23.00 27.00 Forging billets, Pittsburgh..... 28.00 28.00 28.00 32.00 Open hearth billets, Philadelphia 25.40 25.40 25.40 30.60 Wire rods, Pittsburgh.......... 29.00 29.00 29.00 33.00 OLD MATERIAL. Per Gross Ton : Iron rails, Chicago........... 14.50 14.50 15.50 18.50 Iron rails, Philadelphia........ 17.50 18.00 18.50 . 20.50 Car wheels, Chicago........... 13.25 13.25 13.25 16.50 Car wheels, Philadelphia....... 13.25 138.25 14.00 16.00 Heavy steel scrap, Pittshurgh.. 18.25 13.75 14.75 17.00 Heavy steel scrap, Chicago..... 11.50 11.50 12.00 14.50 Heavy steel scrap, Philadelphia. 13.50 13.50 14.00 16.25 FINISHED IRON AND STEEL, Beams, Pittsburgh............. 1.40 Angles, tidewater, New York... -40 1.40 1.50 56 1.56 1.66 40 1.40 1.50 30 1.30 1.50 BD 1.35 1.60 1.56~ Angles, Pittsburgh............ 1.40 Skelp, grooved stecl, Pittsburgh. 1.30 Skelp, sheared steel, Pittsburgh. 1 SHEETS, NAILS AND WIRE, Per Pound: Cents. Cents. Cents. Cents. Bessemer steel rails, heavy, at MUS dupia Stee ow 6 S's webs ok 1.25 1.25 1.25 1.25 Refined iron bars, Philadelphia. 1.37% 1.37% 1.37% 1.50 Common iron bars, Chicago... . 1.25 1.25 1.27% 1.55 Common iron bars, Pittsburgh. . 1.35 1.35 1.35 1.60 Steel bars, tidewater, New York 1.56 1.56 1.56 1.61 Steel bars, Pittsburgh......... 1.40 1.40 1.40 1.45 Tank plates, tidewater, New York 1.56 1.56 1.56 1.71 Tank plates, Pittsburgh........ 1.40 1.40 1.40 1.55 Beams, tidewater, New York... 1.56 1.56 1.56 1.66 1 1 1 1 1 235 Per Pound : Cents. Cents. Cents. Cents. Sheets, black, No. 28, Pittsburgh 2.20 2.20 2.20 2.40 Wire nails, Pittsburgh*........ 1.80 1.80 1.80 1.85 Cut nails, Pittsburgh.......... 1.70 1.70 1.60 1.85 Barb wire, galv., Pittsburgh*... 2.10 2.10 2.10 2.15 METALS, Per Pound: Cents. Cents. Cents. Cents. Lake copper, New York........ 12.874412.50 12.62% 13.00 Electrolytic copper, New York.. 12.1214412.25 12.25 12.87% Spelter, New York............ 5.50 5.55 5.65 5.60 a rr 5.30 5.35 5.50 65.45 ee eee 4.45 4.45 4.40 4.40 RO, Wes IR oon os cesecnnexs 4.30 4.30 4.25 4.25 SO SO RO a's Sep awns seer 42.25 41.75 41.75 382.45 Antimony, Hallett, New York... 9.00 9.12% 9.25 8.25 Tin plate, 100-lb. box, New York $3.94 $3.94 $3.94 $3.84 * 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, 1le.; Cleveland, 10c.; Cincinnati, 15c.; Indianapolis, 17c.; Chicago, 18c.; St. Paul, 32c.; St. Louis, 221%4c.; New Or- leans, 30c.;: Birmingham, Ala., 45c. Rates to the Pacific Coast are 80c. on plates, structural shapes and sheets, No. 11 and heavier; S85c. on sheets, Nos. 12 to 16; 95c. on sheets, No. 16 and lighter; 65c. on wrought boiler tubes. Structural Material.—I-beams and channels, 3 to 15 in., inclusive, 1.40c. to 1.45c., net; I-beams over 15 in., 1.50c. to 1.55c., net; H-beams over 8 in., 1.55¢c, to 1.60c.; angles, 3 to 6 in., inclusive, 4 in. and up, 1.40c. to 1.45¢., net; angles over 6 in., 1.50c. to 1.55c¢., net; angles, 3 in., on one or both legs, less than % in. thick, 1.45c., plus full extras as per steel bar card effective September 1, 1909; tees, 3 in. and up, 1.45c., net; zees, 3 in. and up, 1.40c. to 1.45c., net; angles, channels and tees, under 3 in., 1.45c., base, plus fyjj extras as per steel bar card of September 1, 1919: dock beams and bulb angles, 1.70c. to 1.75c., net; hand rai! tees, 2.50c.; checkered and corrugated plates, 2.50c., net. Plates.—Tank plates, 4 in, thick, 6% 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 base. Plates up to 72 in. wide, inclusive, ordered 10.2 lb. per square foot are considered %-in. plates. Plates over 72 in. wide must be ordered 4-in. thick on edge, or not less than 11 lb. per square foot, to take base price. Plates over 72 in. wide ordered less than 11 lb. per square foot down to the weight of 3-16-in. take the price of 3-16-in, Allowable overweight, whether plates are ordered to gauge or weight, to be governed by the standard specifications of the As- sociation of American Steel Manufacturers. Gauges under -in. to and including 3-16-in. on thinnest edge........+.+. Sieseokubeden peteeeees $0.10 Gauges under 3-16-in. to and including BO ewe es 15 Gauges under No, 8 to and including No. 9....... 25 Gauges under No. 9 to and including No, 10...... 30 Gauges under No, 10 to and ineluding No. 12..... .40 Sketches (including all straight taper plates), 3 ft. and over in length. . ccc ccccccccesecvccsencs 10 Complete circles, 3 ft. in diameter and over...... .20 Boller an@ MARRS StOGk. 6. cecic ceGes veces ees 10 “A.B, M. A.” and ordinary firebox steel........ .20 Still bottom Steel. .ccccoecscccserceseccgecsoere OO Marine etéel.....csecseces re en Oo ee 40 Locomotive firebox steel. ...... 0+. seeeseesees 50 Widths over 100 in. up to 110 ig., inclusive...... 05 Widths over 110 in. up to 115 in., inclusive...... 10 Widths over 115 in. up to 120 in., inclusive...... 15 Widths over 120 in. up to 125 in., inclusive...... 25 Widths over 125 in. up to 130 in., inclusive...... 50 Widths over 180 ir..scccccccsccccsewsic Paha ts ae 1.00 Catting to lengths or diameters under 3 ft. to 2 $e. TRCUGG A oes cc cnc nail 6t es ceu we Gen pwann.e 25 Cutting to lengths or diameters under 2 ft. to 1 Tt.. ImChwOhVE.s os os ovsccsgceee sete se vaneeeees 50 Cutting to lengths or diameters under 1 ft...... - 1.55 No charge for cutting rectangular plates to lengths 3 ft. and yer. ov itmnas.—Net cash 30 days. Sheets.—Makers’ prices for mill shipments on sheets in carload and larger lots, on which jobbers charge the usual discounts for small lots from store, are as follows: Blue annealed sheets, Nos. 3 to 8, U. S. standard gauge, 1.55c.; Nos. 9 and 10, 1.65c.; Nos. 11 and 12, 1.70c.; Nos. 13 and 14, 1.75¢.; Nos. 15 and 16, 1.85¢e. One pass, cold rolled, box annealed sheets, Nos. 10 to 12, 1.85¢.; Nos. 13 and 14, 1.90c.; Nos. 15 and 16, 1.95c.; Nos. 17 to 21, 2c.; Nos. 22, 23 and 24, 2.05c.; Nos. 25 and 26, 2.10c.; No. 27, 2.15c.; No. 28, 2.20c.; No, 29, 2.25¢c.; No. 30, 2.35c. Three pass, cold rolled sheets, box annealed, are as follows: Nos. 15 and 16, 2.05¢.; Nos. 17 to 21, 2.10c.; Nos. 22 to 24, 2.15c.; Nos. 25 and 26, 2.20c.; No. 27, 2.25c.; No. 28, 2.30c.; No. 29, 2.35c.; No. 30, 2.45¢. Galvanized sheets, Nos. 10 and 11, black sheet gauge, 2.20c.; Nos. 12, 13 and 14, 2.30c.; Nos. 15, 16 and 17, 2.45c.; Nos. 18 to 22, 2.60c.; Nos. 23 and 24, 2.70c.; Nos. 25 and 26, 2.90c.; No. 27, 3.05c.; No. 28, 3.20c.; No. 29, 3.30c.; No. 30, 3.50c. Painted roofing sheets, No. 28, $1.55 per square. Galvanized sheets, No. 28, $2.75 per square for 2%-in. corrugations. All above prices are f.o.b. Pittsburgh, terms 30 days net, or 2 per cent. cash discount 10 days from date of invoice. Wrought Pipe.—-The following are the jobbers’ carload discounts on the Pittsburgh basing card on wrought pipe, 12 effect from October 1: sutt Weld. —Steel—, -—lIron.— Black. Galv. Black. Galy. 49 43 BD OO 2 Ble e's SW as Se cckee ia ¢ sds sods Svea eae 75 63 n . CT a 2G. . kw an data ae ee 79 69 7 bo) PGE OD Blois ois 4 ae 80 70 76 66 Lap Weld = SET E Ee ERE Po bye 76 66 72 Ja Se ert OM. oso causa s coe 78 68 74 64 ee Oe Wns he chance Crores 77 67 73 63 FS: Se oasis. 6 Cobo eas 75 59 71 59 We O60 Te Ws kad pcg eA 51% ~=Cti«g s ee Butt Weld, extra strong, plain ends, card weight. oe eS errr rer 69 59 6! 4 |S RR re > 74 68 70 64 ee CE 78 72 74 65 ib Be wd Wales on tate hae 79 73 75 69 Lap Weld, extra strong, plain ends, card weight. _ PENS FF I aye 75 69 71 60 BON OM. Skok cad nanan 77 71 73 67 SPUR OB. Ss sso heen ed bake 76 70 72 86 DRAM ooo ee sai ewe oiel 69 59 65 55 a RRR eneept- 54 50 64 60 Butt Weld, donble extra strong, plain ends, card weight. i 64 58 60 3=s54 61 6857 ‘ n 69 5Y Weld, double extra strong. | plein ends, card weight : ; 1 63 T 6 6 56 49 55 y THE IRON AGE 887 THE IRON AND METAL MARKETS Piso and Reamed. to3in...Butt Weld { Will be sold at two (2) points lower basing (high- er price) than merchant or card weld a pipe, Butt 4 in.scecann Lap Weld Lor Lap Weld as specified. e discounts are for “card weight,” subject to the n of 5 per cent. Prices for less than carloads are its lower basing (higher price) than the above dis- af lubes. —Discounts on lap welded steel and char- jiler tubes to jobbers in carloads are as follows: Steel. Iron. 1 Le Werrrrrtr Te Yr ee 49 43 1% to 2% Mec v ccd oeedees doecsevegecveemes 61 43 OL, iN. .ccc0eseaeuts 4a Ue esnne oelee oc a Fae 63 48 2% to 5 im. -cesce 6000 68 66685 56)0 600 be 60045 69 55 , in, and smaller, over 18 ft., 10 per cent. net extra. 2% in. and larger, over 22 ft., 10 per cent. net extra, ess than carloads to destinations east of the Mississippi be sold at delivered discounts for carloads lowered by for lengths 22 ft. and under; longer lengths, f.o.b. River will Pittsburgh Wire Rods and Wire.—Bessemer, open hearth and hain rods, $29 to $30 per gross ton. Fence wire, Nos. 0 to 9 per 100 Ib., terms 60 days, or 2 per cent. discount in 10 load lots, to jobbers, annealed $1.60, galvanized ‘ - carload lots, to retailers, annealed $1.65, galvanized $1.95. Galvanized barb wire, to jobbers, $2.10; painted, Wire nails, to jobbers, $1.80. [he following table gives the prices to retail merchants n wire in less than carloads, including the extras on Nos. 10 to 16, which are added to the base price: Fence Wire, Per 100 Lb. Nos ...Otod 10 11 12812413 14 15 16 Annealed .$1.75 1.80 1.85 1.90 2.00 2.10 2.20 2.30 lvanized..... 2.05 2.10 215 2.20 2.380 2.40 2.80 2.90 Varket and Stone Wire in Bundles, Discount from Standard List. right and Annealed ; ) and COOTER. so 0 «nee seciss.scchb voy eee ee 80 ) tO 1B. ccc cee seas uN Bas cide daehenh 80 and 10 19 to 96. «ss dcusdbbaaiiataaee 80 and 16 i 2% 0 and 5 Galvanized : 9 and Comrie? . vs'0i's she Sels cba saw BCIRES 75 and 10 10 to 16... ssavdd se eelee oes see baa ae 75 and 10 7 to 9G... 09 sain een Rand fone 72% - 10 27 to SG...» 0.00 ems bine Ae bee ee 72% ‘oppered or Liquor Finished : 9 and COAMEER ss 0040 eb s00e ten cbse nae 75 and 10 10 tO 26... cceeesccccesceccesesssccecss 75 pnt 2 Tinned : 6 to 18. << seaeaten eve bees 6s eae 75 and 10 and 10 Steel Rivets.—Structural rivets, % in. and larger, 1.90c., base; cone head boiler rivets, % in. and larger, 2c., base; ’s in. and 11-16 in. take an advance of 15c., and \% in. and 16 in. take an advance of 50c.; in lengths shorter than 1 in. also take om advance of 50c. Terms are 30 days, net ish, f.o.b. mill. Pittsburgh Park Butuprne, April 12, 1911.—(By Telegraph.) Pig Iron.—There is some small buying of foundry and ible Bessemer iron, but standard Bessemer, basic and very dull, with practically no new inquiry. Valley furnaces continue to hold the price of Bessemer , furnace, but have not made a sale in some weeks. furnaces which were scheduled to go in this week in out on account of the poor demand for pig iron. ree inquiries of any kind are in the market. We quot« esse pig iron, $15; malleable Bessemer, $13.75; basic, “Ioto to $14; No, 2 foundry, $13.75 to $14, and gray forge, at Valley furnace, the freight rate to the Pitts- ct being 90e. a ton. forge are \ little cutting in the prices of billets and sheet peared, some of the smaller open hearth plants h billets and sheet bars at 50c. to $1 a ton under price. The new demand from consumers is pecifications against contracts are coming in at . good rate, although not as heavy as some time larger steel mills, that make both Bessemer and ', are stated to be holding firmly to regular prices, is follows: Bessemer and open hearth billets, nd up to, but not including, 10 x 10 in., at $23, sheet and tin bars in 30-ft. lengths, $24, f.o.b. 1 r Youngstown, full freight to destination added. 7 |')-in, billets at $24, and forging billets at $28, ; Xtras for sizes and carbons, f.o.b. Pittsburgh or : districts, freight to destination added. (By Mail.) ron trade continues in an uncertaii and halting The railroads seem to have retired from the gether. The Pennsylvania Lines West issued in- Steel. structions last week canceling all orders on which ship- ments have not been made, or which have not been rolled. The pig iron market is practically lifeless. Cutting is be- - ing done in prices of open hearth steel by some of the smaller mills, and in the last few days both Bessemer and open hearth billets have been offered by dealers in small lots somewhat under the market. The demand for finished iron and steel is quiet, but prices are fairly strong. The coke trade is dull and serap has declined materially in the past week. There is now a disposition by producers of both raw and finished materials to sell ahead for the entire year at present prices, but so far very little business has been offered by consumers. Some tin plate has been sold for fourth quarter delivery at to-day’s market, and it is likely more sales will be made before the week is out. Ferromanganese.—The very low prices ruling on for- eign ferromanganese have stirred up consumers, and a good deal of material has been sold in the past week. One local consumer has bought 1000 tons, deliveries 250 tons a month commencing June, at $36.50, Baltimore; another interest has bought 200 tons at about $36.75, Baltimore, and a Kentucky steel interest is reported to have bought 500 tons for forward delivery at about $37, Baltimore. We quote 80 per cent. foreign at $36.50 to $36.75 in large lots and $37, Baltimore, in small lots, the rate for delivery to the Pittsburgh district being $1.95 a ton. Ferrosilicon.—In spite of the low prices ruling on this material, there is very little new inquiry, most consumers being covered for some time ahead. We quote 50 per cent. at $53 to $53.50, f.o.b. Pittsburgh, for delivery through the third quarter; 10 per cent. blast furnace silicon, $23; 11 per cent., $24, and 12 per cent., $25, f.o.b. cars, Jisco and Ashland furnaces. Muck Bar.—lIn the absence of sales, we continue to quote best grades of muck bar made from all pig iron at about $29, delivered at buyer’s mill in the Pittsburgh dis- trict. Skelp.—New inquiry is light, and in some cases con- sumers that have contracts with the mills are holding up shipments. Prices are fairly strong and we quote grooved steel skelp at 1.30c.; sheared steel skelp, 1.35c.; grooved iron skelp, 1.60c. to 1.65c., and sheared iron skelp, 1.70c. to 1.75c., all for delivery at consumers’ mills in the Pittsburgh district, usual terms. Wire Rods.—While most consumers are covered for some time ahead, they are not freely specifying against their contracts. New inquiry is dull. We quote mer open hearth and chain rods at $29, Pittsburgh. Steel Rails.—In the past week the Carnegie Steel Com- pany has received orders for upward of 10,000 tons of standard sections for export, about half ‘of which is to go to Japan. Two or three large inquiries for standard rails are in the market, but even if these are placed it is not likely that much of the business will come to the local interest. New orders and specifications for light rails in the past week were fairly good, the Carnegie Steel Company having taken about 3500 tons. The Edgar Thomson rail mills are operating to about 50 per cent. of capacity or less. Prices on light rai