The Iron Age 1919-10-23: Vol 104 Iss 17

‘ 14 ' a aan" AOLUAUUNADEMMGALENAERNU ANAS HOLL EAU EEUSA ONTO EAP PI i . . fi Further Gains in Output Advancing Tendency Continues in Pig Iron And Semi- Finished Steel | Ir ig iron and steel, production has increased in the past to week Vith no marked change in strike conditions, the gains in ow biy t ind mills have been enough to bring steel output to “ S60 per basis, the Pittsburgh district and eastern Pennsylvania on s» heveto! representing the closest approach to full operation. ; + Cleveland, where the shutdown was nearly complete, the Amer- : an Steel & Wire Co. has put a second plant in partial operation build nd the McKinney Steel Co. has started up one blast furnace, two very, ven-hearth furnaces and a battery of coke ovens. reine * The scarcity of common labor is a continuing drawback, even first f plants as in the Pittsburgh district, which have been able to keep units heir skilled forces nearly intact. Thus the mills are pushing output bf those products which can be got out with the least handling, so rorth at with the present creditable output of ingots, the difficulty of which btaining material is more marked in some finished lines than v of ” mers are not pressing for steel, but as the strike comes , . premium offerings are expected. On semi-finished steel i s of $3, $4 and $5 per ton have been asked, notably in the of 200 nd one idle mill refused a backlog of 41,000 tons of billets 17.000 h was offered at 50c. below the ruling market. In view of the act that finished steel is not nearly so high above nre-war levels c s commodities in general, the present policy of holding prices in cca heck. unless for export, is noteworthy. The leading Pittsburgh interest bid 2.50c., Pittsburgh. on 22,000 ns of plates for the Navy and 2.40c. on 6.800 fons of structural apes. but 2.65c. and 2.45c. continue to be the ruling prices on ese two forms of steel. For.10 boats the Bethlehem yards are t. 13. brild 40,000 tons of steel has been distributed, largely coing to ufferin 1¢ Bethlehem mills, and the Sun Shipbuilding Co. is placing steel nitions r six new boats. Chicago reports an inquiry for 16,000 tons of ). The fates, shapes and ‘bars for four tankers to be built on thé Pacific manu- vast October business in fabricated steel has fallen off ‘sharply and it., will ugust and September, in each of which 78% per cent of capacity ble the as mit under contract, will prohably represent the high months 1919 At Chicaeo 15,000 tons for the Union Station fienres in Streets w business and Western car builders are askine for 4,600 tons srection In pig iron sales of malleable are the leading feature. At Chicago *onsoli- e consumer took 10.000 tons of malleable and 1.509 tons of Regina, uindrv for 1920 delivery. and an Indiananolis foundry has closed r 10,900 tons: of malleable. of which 3.000 tons is for 1919: At onto, is ncinnati some Sonthern Ohio malleable brought $31.25 at furnace oncrete t quarter delivery. Our London cable tells of further price advances in iron and eel products which have resulted under sliding scale acreements : Bowell advances of 19 to 15 per cent to mill workers in the Midlands and Ne Wales. German plates and structural shapes have been sold . French shipyards at 45 fr. per 100 kilos or about 2.40c. per Ib. ‘rman competition in steel is expected in the near future not onlv _ is hav France but in Great Britain, where high costs show no sign of 5,090 ing checked. Belgium has just removed restrictions on importa nt., con- ns of various raw and semi-finished materials in iron and steel -, Lums- \rrangemer ts are about completed by which a syndicate of te steel companies will take over the iron and steel works Lorraine which have been under the control of the French Govern in N. B., nt cince ¢h jet? Ganong. since the armistice, Spe uy ME ORTANT ~ DEVELOPMENTS IN FOREIGN IRON y Lh . AND STEEL MARKETS .ONDON, ENGLAND, Oct. 21. (By Cable.) —Costs and selling prices ron and steel products continue to advance. The Midland Iron Secord & p general : a Steel W ges Board’s bi-monthly return showed that in the s, Ont. 8 y-August period the average selling price of iron bars advanced facturing *<- 18s; 5'%4d from £22 10d in the May-June period. The ‘ing, 88 & advance is 10 per cent. Output had fallen nearly 10 per cent, oil € to disorganization ‘caused by the 8-hour shift. The audit for y Woes = s nths ending Aug. 31, under the South Wales and Mon- s of $25 + wire iron and steel workers’ scale, based on prices of steel were de vs and tin plate bars, gives the workers a further advance of 15 rent, dating from’ Oct. 1. e nto, is in ee c mpetition in steel is considered an early probability. ive crane, Prone ae low prices is finding its way into France. Sales an a shipyards, involving plates and structural shapes, have 5 nade by German works at 45 francs per 100 kilos. [At 8.60 lottetow™ s per dollar this represents about 2.40c. per Ib., or less than ction of & average price at Pittsburgh of plates and shapes.] td., Great Advices from Berlin are pessimistic as to the future of the iron d u pale ee Due to shorter hours, unwillingness of the men to work and STikes, c} iefi t . “niefly at coal mines, few steel works are producing at ton oie re than 25 to 33 per cent of capacity. , The handicap of having at of the In Pee’ priced ore is considered serious. : 4 Hark- a the te © arrangements are being completed for faking over the archi iron ans “THment by a syndicate of French steel companies, de about w steel works in Lorraine. Annouficement may is] 1 e a am Belg rs Government has just issued a decree allowing the amp inn licenses, of all kinds of raw iron and steel, iron America, nd railroad material. Wel detices: ess in Great Britain ‘argely devends on giving veries. Béssemer skelp is still coming from the United _ rs to be used as serew Some billet business could at some concession from $38°50, Pittsburgh. UL NUUOONLLECEUMEIUETTECALU PETAL EON ERENT Reign ‘ron for bolt and nut works and considerable amounts’ THE IRON AGE . EMERGENCY MARKET BULLETIN Published by the IRON AGE PUBLISHING CO., 239 West 39th Street, N. Y. New York, October 23, 1919 EMERGENCY ISSUE No. 4. The appearance of this, the fourth weekly bulletin of Tue Irow Ace, bears witness that the strike of the printing trades in New York is not settled. When Tue Iron Ace again appears in its wonted form, we shall have something to say about the friendly letters that have been coming to us in these past three weeks from all directions. Nothing could be more convincing of the strong ties that exist between this paper and its appreciative readers. A Comparison of Prices Advances Over The Previous Week In Heavy Type, Declines In Italic At date, one week, one month and one year previous for early delivery Pig Iron, Oct, 21, Oct. 14, Sept. 23, Oct. 22, _Per Gross Ton: 1919 1919 1919 1918 No, 2 X, Philadelphiat......... $32.10 $32.10 $30.60 $88.85 No. 2, Valley furnacet......... 26.75 26.75 26.75 34.00 No. 2 Southern, Cin’tift........ 31.60 31.60 31.35 37.60 No. 2, Birmingham, Ala.f...... 28. 28.00 27.75 34.00 No. 2, furnace, Chicago*........ 26.75 26.75 26.75 34.00 Basic, del’d, eastern Pa.......... 28.00 28.00 26.60 36.60 Basic, Valley furnace .......... 25.75 25.75 25.75 38.00 Bessemer, Pittsburgh .......... 29.35 20.35 29.35 36.60 Bastogne, CHO". occ. cccccces 27.25 27.25 27.25 34.50 OS ES Oe 27.25 27.25 27.25 Gray forge, Pittsburgh ........ 27.15 27.15 27.15 34.40 L. S. charcoal, Chicago ........ 82.75 32.75 32.75 38.85 Rails, Billets, Etc. Per Gross Ton Bess. rails, heavy, at mill....... $45.00 $45.00 $45.00 $55.00 O.-h. rails, heavy, at mill........ 47.00 47.00 47.00 57.00 Bess, billets, Pittsburgh ........ 38.50 38.50 38.50 47.50 O.-h... billets, Pittsburgh... ..... 38.50 . 3850 3850 47.50 O.-h. sheet bars, P’gh. .......... 42.00 4200 4200 6561.00 Forging billets, base, P’gh...... 51.00. 51.00 51.00 60.00 ©.-h, billets, Phila. ............ 45.50 4250 4250 61.30 Wire rods, Pittsburgh ......... 52.00 52.00 5200 57.00 Finished Iron and Steel, Per Lb. to Large Buyers: Cents Cents Cents Cents Iron bars, Philadelphia ........ 2.745 2.745 2.745 38.73 Iron bars, Pittsburgh .......... 2.75 2.75 2.75 3.50 Tron bars, Chicago ...4.0.¢...+% 2.62 2.62 2.62 3.50 Steel bars, Pittsburgh .......... 2.35 2.35 2.35 2.90 Steel bars, New York.......... 2.62 2.62 2.62 3.145 Tank plates, Pittsburgh ........ 2.65 2.65 2.50 3.25 Tank plates, New York........ 2.92 2.92 2.77 3.495 Beams, etc., Pittsburgh ....... 2.45 2.45 2.45 3.00 Beams, etc., New York ........ 2.72 2.72 2.72 3.245 Skelp, grooved steel, P’gh...... 2.45 2.45 2.45 2.90 Skelp, shedred steel, P’gh...... 2.65 2.65 2.65 3.25 Steel hoops, Pittsburgh ........ 3.05 3.05 3.05 3.50 Oct. 21, Oct. 14, Sept. 23, Oct. 22, Sheets, Nails and Wire, 1919 1919 1919 1918 Per Lb. to Large Buyers: Cents Cents Cents Cents Sheets, black, No, 28, P’gh...... 4.35 4.35 4.35 5.00 Sheets, galv., No. 28, P’gh...... 5.70 5.70 5.70 6.25 Wire nails, Pittsburgh ......... 3.25 3.25 3.25 3.50 Fence wire, base, P’gh......... 3.00 8.00 3.00 3.25 Barb wire, galv., P’gh.......... 4.10 4.10 4.10 4.35 Old Material, Per Gross Ton: Carwheels, Chicago .......... .$24.50 $24.00 $24.00 $29.00 Carwheels, Philadelphia ....... 250 250 2450 29.00 l.eavy steel scrap, P’gh........ 19.00 19.00 19.00 2.00 Heavy steel scrap, Phila........ 19.00 19.00 18.50 29.00 Heavy steel scrap, Ch’go........ 17.50 17.50 1850 29.00 Na. 1 cast, Pitsoargh .......... 24.00 2400 23.50 29.00 No. 1 cast, Philadelphia ........ 25.00 25.00 25.00 29.00 No. 1 cast, Ch’go (net ton)...... 25.00 23.50 2350 30.36 No. 1 RR. wrot, Phila......... 27.00 27.00 2650 384.00 No. 1 RR. wrot, Ch’go (net).... 19.50 18.00 19.00 30.36 Coke, Connellsville, Per Net a at Oven: $4.25 $4.00 $6.00 Furnace coke, prompt .......... $4.35 4 . \ perenee — SEED vcedc endear — 4 Sas = Foundry coke, prompt ......... Foundry coke, future .........- 5.75 6.75 7.00 Metals, Per Lb. to Large Buyers: Cents Cents Cents Cents . Lake copper, New York ........ 22.25 22.62% 22.75 26.00 Electrolytic copper, N. Y....... 21.76 22.12% 21.75 = Speiter, Gt, “Lows ...cccccsccece, Cau, tae 7.10 Soetter, Mew Yosh ...c.b...s00 8.10 7.75 745 4 pr oe Ere ae. a 69 867. Pe ee Re 6.50 6.20 Te HOW WO io cacnacisccceces i+ Antimony (Asiatic), N. Y....... 8.62% 8. “ Tin plate, 100-Ib. box, P’gh...... $7.00 $7.00 $700 $7. Chicage diatigt je OO per ton. 2.26 to 276 gs) rea %- B THE IRON AGE PITTSBURGH Pittsburgh, Oct. 21.—The steel strike is practically over, as far as the Pittsburgh district is concerned, but at Youngstown and Steu- benville, Ohio, blast furnaces and steel mills are still idle, and in Wheeling, W. Va., the same condition prevails. There is fair inquiry for pig iron, and sellers could readily get premiums over regular prices, but refuse to do so, stating it would be profiteering. We note small sales of Bessemer et $27.95, basic at $25.75, and malleable Bessemer at $27.25, all at Balley furnace. Billets and sheet bars are scarce, and would readily bring $3 or more in premiums over regular prices, if they could be had. Structural steel is fairly active. American Bridge Co. has taken 5,600 tons for the Baltimore & Ohio bridge over the Allegheny River in this city, and about 5,500 tons fur a power plant for the Duquesne Light & Power Co., at Cheswick, Pa. Plates are more active in demand, and only very desirable orders can be placed at $2.50, most sellers quoting $2.65 at mill. Steel bars have sold as high as 3c, and re- inforcing bars at $2.25. Owing to the prospective coal strike and better demand, prompt furnace coke has sold at as high as $4.35 at oven. Some producers refuse to make contracts, but could get $5 or higher at oven for first half of next year. NEW YORK New York, Oct. 21. The past week was characterized by the many sales of misfit pig iron, which had hitherto gone begging. Because of the scarcity, the price is $32, furnace, for iron, 2.25 to 2.75 silicon, has practically become the minimum for eastern Pennsylvania and Buffalo districts. Recent sales of this grade of Southern iron were made at $29.75, furnace. A lot of 1,000 tons of the same grade was sold at $32.25, furnace, eastern Pennsylvania, for export to Sweden As Nov. 1 draws nearer, the threatened coal strike has more influence on the pig iron market. If the strike does not mate- rialize, it is predicted that many furnaces will come into the market simultaneously for next year, and that competition will tend to hold prices down. Some sells report difficulty in fulfilling this year con tracts because of the scarcity. The Japanese consumer who last week asked for 60,000 tons of basic has increased this inquiry by 35,000 tons, though these inquiries are not taken seriously. Nearly 10,000 tons of spiegeleisen has been sold for export, mostly for shipment to Holland and Belgium at around $34 to $35, furnace. Domestic consumers have also taken nearly 1,000 tons and there is an inquiry for about 500 tons before the market. Quotations range from $33 to $35, furnace. Demand_ for ferro- manganese is light, with quotations at $100, seaboard, to $110, delivered, depending upon whether the seller is a British producer or an American. With most of the mills booked well into the first quarter and in some cases even into the second quarter, business is being taken carefully. The scarcity of common labor, marked more or less through the war period, influences to an extent what materials the mills attempt to roll. Output is curtailed where there is much man-handling. Generally consumers are making no demand but as steel strike ends premiums are expected. Stiffer prices are now exacted for export but relatively little is booked. Even with plate mills in the East operating at an increased rate, sheared plates remain firm at 2.65c., Pittsburgh. Universal plates through the absence of large attractive orders have not really been tested. Although September business in fabricated lines equaled that of August, exceeding 141,000 tons, there has been a sharp drop in the October lettings and in view of the season the crest of the struc- tural business has probably been passed. Strength is developing in semi-finished steel; one mill, not at present operating, refused 41,000 tons of billets for export which could have been taken as a backlog at 50c. a ton below the Pittsburgh quotation. New struc- tural work includes 1,100 tons for an addition to a department store, Springfield, Mass.; 1,800 tons for a floating dry dock, Balti- more; 1,000 tons for an addition to the National Park Bank, New York; 900 tons for the New England Telephone Co., and 300 tons for an apartment in Baltimore. Awards include 1700 tons for a candy factory in Jersey City placed with the Hay Foundry & Iron Works; 600 tons for the Carpenter Steel Co., Reading, Pa.; to the Shoemaker-Satterthwaite Bridge Co.;: 100 tons for a Boston & Maine bridge awarded the Boston Bridge Works, and 200 tons for the Victor Talking Machine Co.; 175 tons for the Y. M. C. A,, Binghamton, N. Y., and 125 tons for the John Simmons Co., Long Island City, all to the Lehigh Structural Steel Co. PHILADELPHIA Philadelphia, Oct. 21.—Eastern steel mills are operating at from 70 to 80 per cent. Labor troubles have practically disappeared at Coatesville and at the plants of the Bethlehem Steel Co., but the Alan Wood Iron & Steel Co. has had its sheet mill shut down for a week on account of a strike of employees in that department. About 800 men are out of work. Demand for steel products, particu larly for plates and bars, is exceptionally good, while mills rolling structural shapes are also enjoying a very good business. The lead ing Eastern Indépendent has advanced prices on semi-finished steel $5 a ton, making open hearth rerolling billets $43.50, forging billets, $56 and slabs, $46, all f.o.b. Pittsburgh. The same company is selling soft steel bars at 2.50c., Pittsburgh, and forging quality at 2.75c., but is taking on very little tonnage except in special bars. The only other eastern maker of semi-finished steel able to make deliveries has obtained advances of $2 to $3 a ton over the prices recently in effect. Plates are firm at 2.65c., Pittsburgh. The Carnegie Steel Co., however, again bid 2.50c. on 22,000 tons of plates for the Navy Department, and its price on 6,780 tons of shapes was 2.40c., Pittsburgh. The demand for plates runs into fairly large tonnages, one company having booked an order for 5,000 tons, while ship steel has been placed in even larger units. The Bethlehem Shipbuilding Corporation has distributed orders for about 40,000 tons for 10 boats. much of this going to its own mills. The Sun Shipbuilding Co. is reported to have placed a substantial tonnage with a Pittsburgh com- pany for six or eight new boats. One company has sold several lots of plates for shipment west of Pittsburgh at 2.65c.. mill, equivalent to about 2.885c., Pittsburgh, but actually netting the mill less than on Eastern shipments at 2.65c., Pittsburgh. Pig iron is firm, with an advancing tendency. The scarcity of foundry iron has caused ccnsumers in the Buffalo district to come to eastern Pennsylvania for foundry iron. An Eastern steel company, inquiring for basic, was quoted $31, furnace, by one maker, but the business was not placed. The scrap market is firm. A large Eastern steel company is reported to have closed for 5,000 to 10,000 tons of heavy melting steel. Strictly No. 1 steel will bring $19 or more. A small tonnage has been sold for $20.50. CHICAGO Chicago, Oct. 21.—Although mill operation h isby no means nor- mal, it is improving steadily day by day. The logs in production October 23, 1919 incidental to the strike has injected unusual strength }; ket. Rail carbon and iron bars have advanced $5.00 Mild steel bars have sold at as high as 3c. ) the Mar tor ° @ach Pittsburg) for o:.., shipment. Northern pig iron has advanced $2.00 a ¢,; we iron from furnaces outside this district is selling fr oven to $5.00 above the market, according to the freight charves invos oy An upward movement in the prices of other iron and stro! o- ved. would not surprise the trade. oe Among current inquiries are 16,000 tons of plat: hapes and bars which will be required in the construction of f; the Pacific coast, and 4,600 tons of steel is asked for aAnKers on ern car builders. A headhouse and concourse for mt wen Union Station will involve 15,000 tons, while a hote! . hae in Fort Worth, Texas, will require 2,300 and 1,700 ba cated material respectively. The McClintic-Marshall , | fab ricate 1,500 tons for a merchant bar mill for the I: tate Iron & Steel Co. and the Palm Iron Works, Sacramento, has awarded 1,000 tons for a State building at San Francisco. ia. + BOSTON Boston, Oct 91 The Sullivan Machinery Co., Clairmont, N. H., has bought tons of pig iron during the past week, including 400 7 tons of Buffalo and 800 tons of eastern Pennsylvania. Other sales {oy the week include one of 300 tons of low phosphor easters Pennsylvania iron to a Vermont consumer at $30, furnace, fy delivery this year, the price having been made to introd product. The bulk of the buying of late ce the has been ji ar-] for spot delivery, which in some instances have involved as much as 100 tons in individual sales. Prices on such sales have mp $1 to $2 a ton higher than larger tonnage prices. New England foundries are busy and increasing production as fast as labor available. Most of them are not anxious to contract for firs quarter or first half of 1920, until Buffalo irons shal! into the market on a competitive basis. The unsettled of the coke market caused by the first development of the ste! strike appears to have passed. New contracts for the rest of th year profounding coke are quoted on a $6.50 Connellsville base, and for any part of 1920 at $7.50, while all current shipments on the sliding scale are being billed out on a $6 Connellsville base Finished Material: All kinds of material are in increased de mand. There is a pronounced scarcity of concrete bars owing to the recent enforced curtailment in mill output and to a greater cal! for stock. Mill representatives are reluctant to take on additional orders. The Portland Rolling Mill, Portland, Me., is turning ow a considerable tonnage of % and %-in. rounds, which is being taken by reinforced concrete contractors. Some of the smaller mills have been getting premiums of $3 and $4 for plates, from machine shop interests. Structural steel is in much better ds mand. A contract has been let through Boston interests by th Continental Candy Co., Jersey City, N. J., for the construction o a factory, involving 1700 tons of structural steel. Bids are in for the construction of an Oxford Exchange Board for the New Eng land Telephone Co., Boston, calling for 800 tons. have come condition ST. LOUIS St. Louis, Oct. 21.—Southern furnaces are beginning to ope up for next year, taking first quarter on basis of $29.25 Birmingham There are numerous inquiries for small tonnage for foundries buying freely to cover early needs against short deliveries from Northen furnaces on account of strike in the Chicago district. Coke buying is good for early needs. Finished steel deliveries are improving steadily, but no new business is being sought. Old material is active with better tone and some advances. BIRMINGHAM Birmingham, Ala., Oct. 21.—Alabama operators have little iro for 1919 delivery, but what they have is being sold. Inquiry for spot, last quarter and first quarter of 1920 is alike active and from all quarters. Some 1920 iron has been sold to middlewestern regula customers at $29, but this business is not sought. The concensus of opinion is that as soon as the mine wage question is settled on way or the other and costs of production known, the 1920 buying movement will be a large one. A large interest has recently turned down an inquiry for 5,000 tons and one for 10,000 tons for 19 A few sales for 1920 delivery, where the consumer insisted, wert closed at $30. Production is greatest in a year, the 27 active stack all working well. Steel mills of the Tennessee Company are working on full normal turn and in departments on double turn. There § no strike so far as outcroppings go and all manner of production is increasing. Gulf States Steel has increased its bonus of 40 pe cent to steel workers to 55 per cent, which is within 10 per cent ™ th ewar period bonus peak. Very little is heard of exports Every shop making cast iron pipe, sanitary, gas and water, § busy with demand for more than output capacity. _Birminghae shops are working on a divided order for Detroit. El! Paso am other southwestern points are taking quantities of gas and water pip CLEVELAND Cleveland, Oct. 21.—The most important development in a local strike situation during the week was the resumption of Te tions by the McKinney Steel Co., which is now operating one 04 furnace, two open hearth furnaces and one battery of coke ove The American Steel & Wire Co. on Monday p $ Some other local plants will probably be The Cleve whic? 2 laced a second platt in partial operation. ones up during the week. 3 The demand for foundry pig iron continues activ. } land Furnace Co. has resumed shipments from stock piles, has caused some easing up in the situation. Southern Ohio ose speculative Iron is still available at $28 for 1.75 to 2.25 ele furnaces are selling the same grade at $29.75. Sales of 1,5! bog off iron are reported. There is a large volume of inquiry for and half foundry iron, but furnaces generally are declining to an m one interest that has made sales at regular prices is now ho ng i inquiries aggregating 15,000 tons. Several producers expe’ advance of about $2 per ton. s he Cleve The demand for foundry pig iron continues active. bw wills inquiry is coming out for the first quarter or half, on whic oa | are declining to quote. An eastern mill has withdrawn jg of i for this territory. Ohio tank shops are inquiring for 2,650 {et i8 plates. There is a heavy demand for alloy steel, and the a firmer. One eastern mill has advanced prices ‘4c. att alloy steel bars and $15 a ton on alloy steel billets. 5°” ke at $658 producers who have been selling Connellsville foundry come ®) 7 oe for the first half are now naming that price subject to 2" in miners’ wages. The scrap market is a little firmer, but cast and ™ are the only grades active. (Continued on Page E) alleable xm i ght 70 fons of les for eastern ice, for uce the ar-lots iS Much ave rm England labor is for first ve come ‘ondition the steel it of the vase, and s on the cased de- owing to eater call idditional ning out is being smaller tes, from etter de ‘s by th ruction of ure in for New Eng: y to open rmingham ies buying Northern ke buying improving naterial is little iron nquiry for and from ern regu concensus settled ont 920 buying ntly turned 5 for 1920 isted, wert ctive stacks re working There roductios of 40 per per cent 0 yrts. id water, * Birminghat 1 Paso ané water pipt nent in the yn of Te ng one last coke ovens second plant ly be starie® The Ciert iles, whic? Ohio res# ; silicon, bet 1,300 tons ot siry for a o quote # to aiding 3 expect # The Cle which sills » plate Ley s 2.650 tons October 23, 1919 Pittsburgh Pig Iron Bas » iron, $25.75; Bessemer, $27.95; gray forge, $25.75; asic pig le x ry, $26.75; No. 3 foundry, $26.25, and malleable, $ 7.25; - <3 ton at Valley furnaces, and freight rate for delivery ia -eland and Pittsburgh districts being $1.40 per ton. Ferroalloys W te 78 to 82 per cent domestic ferromanganese $110 de- tis English at $105, with a reduction of $1.50 to $1.75 «st - lower percentages. We quote resale 50 per cent ferro- Pricon 23. to $85. and 18 to 22 per cent spiegeleisen at $33 to ons ‘Ae red. Prices on Bessemer ferrosilicon are: 9 per cent, $47.75 10 per cent, $49.75; 11 per cent, $53.05; 12 per cent, $56 5’ We quote 6 per cent silvery iron, $36.75; 7 per cent, $35.25; ogee t, $40.25; 9 per cent, $42.25, and 10 per cent, $44.75. About per gross ton advance is charged for each 1 per cent silicon for 11 per cent and over. All the above prices are f.o.b. maker’s nace, Jackson or New Straitsville, Ohio, which have a cnilett ight rate of $2.90 per gross ton for delivery in the Pitts- burgh district. ° ’ Billets and Sheet Bars W te 4 x 4 in. soft Bessemer and open-hearth billets at $38.50, 2 x 2 in. billets at $42; sheet bars, $42; slabs, $41, and ets, $51 base, all f.o.b. at mill Pittsburgh or Youngs- Iron and Steel Bars We quote steel bars rolled from billets at 2.35c. and from old steel rails, 2.45c, Pittsburgh mills rolling iron bars quote at 2.75c., Pittsburgh, plus full freight rate to point of delivery. Structural Material nd channels up to 15-in, 2.45c. Pittsburgh, large lots. Plates Shear tank plates, “%-in. and heavier, at $2.50c. to 2.65c., depending on order and delivery. Spikes We quote standard spikes, 9/16 x 4% in., at $3.35 base per 100 Ib. in carload lots of 200 kegs of 200 Ib. each, and small spikes, % in., 7/16 in, and smaller, at $3.85 to $4 per 100 Ib. in carload lots of 200 kegs of 200 Ib. each, plus usual extras. Boat and barge spikes, $3.85 to $4 per 100 Ib. in carload lots of 200 kegs of 200 Ib. each, all f.0.b. Pittsburgh. For less than carloads, Ic. per Ib. higher is asked. Cold Rolled Strip Steel We te cold-rolled steel at $5.65 base per 100 Ib., f.o.b. i igh, for 1%-in. and wider, 0.100 in. and thicker hard tempered in coils 0.20 carbon and under. Boxing charge, 25c. per Old Material Heavy steel, melting, Steubenville, Follans- bee, Brackenridge, Monessen, Midland and FUtSOUe, GHPONOE cvind cdtegseeseadanes $19.00 to $19.50 No. 1 cost fOr S000) DOOMER, cn ccscacnncencace 24.00 to 24.50 Rerolling rails, Newark and Cambridge, Ohio; Cumberland, Md.; Franklin, Pa., and Pitts- WHEN caccccavavacnenteddernsyatneuetnens 25.00 to 25.50 CAMMOONE MONE. 6 occcudswanessvedadakenese 18.00 to 19.00 Bundled sheet, sides and ends, f.o.b. con- sumers’ mills, Pittsburgh district ........ 15.50 to 16.00 pundied steel SIGMA ccceccsccccstccessee 13.00 to 13.50 RO: 3 WOUND scusnccektincbcckusedcseuds 18.00 to 18.50 BENG O60GS DOES -. do cde ch cunesecedeeweuas 18.00 to 18.50 Low phosphorus melting stock (bloom and billet ends, heavy plates) % in. and heavier 25.00 to 25.50 BO Ct CME 5. vkavebaeacaxcaws keaueea nes 31.00 to 32.00 Eeeomotive ax86u, SOG cxsacscesescsncqtuas 31.00 to 32.00 wees COS SHIGE occ cacacneavesepeneatsaesaees 28.00 to 29.00 BION WEAN. ccccccasceoneneuvesneuae 20.00 to 20.50 CON SOR WHORE cnccccnccecncecueysseeuuses 23.50 to 24.00 oe Rr er 22.00 to 23.00 Machine-shop turnings ........scecececeeees 12.25 to 12.50 Sheet bar, crop ends (at origin).........+..- 23.00 to 24.00 meaty Weekes. GRD. ocosvscescnceseseceess 21.50 to 21.75 ee eR Ere 15.75 to 16.00 No. 1 railroad WEOUGEE cocccdccenqiececteuss 22.00 to 23.00 Chicago Pig Iron Ss Ss ice a switching charge averaging 50c. per ton. “ik perior charcoal, average silicon, 1.50 second delivery, f.o.b. furnace, average freight to go, $2.50 (other grades subject to usual differ- IRIS) . cocccncccenghethnstaseecdenee enn anesnes $30.25 Lake Superior charcoal, average silicon, 1.50 first juarter delivery, f.o.b. furnace, average, freight to “hicago, $2.50 (other grades subject to usual dif- MSCRUEID) J oxtngcnbnnensus Caenet es bene Seeueens 31.25 ke foundry, No. 1 silicon, 2.25 to 2.75.. 31.00 ke foundry, No. 2 silicon, 1.75 to 2.25.. 28.75 igh-phosphorous foundry .........-.+++++ 28.75 hern coke, No. 1 foundry and No. 1 soft, on, BIG to Be scaccuescneccececescceswasss 35.25 oke, No. 2 foundry, silicon, 2.25 to 2.75.. 34.10 n foundry, silicon, 1.75 to 225.......++0+s 33.00 ; ¢, not over 2.26 silicon .......+seeeeeeeees oa pae scee ee eeces eee sess cece sce sees eessseseses® 27.79 Low nhosporous’ (capper iste) cu cecsesesvsegense 40.00 Silvery, 7 per cent — Cubbie edatahade shane’ 42.05 to 45.65 Plates cing 27c, per 100 Ib. Jobbers quote 3.6 Structural Material iC. fy Materials out of warehouse. Ferroalloys tervtilicon at $80, ; THE IRON AGE wing quotations are for iron delivered at consumers’ yards hose for Northern foundry, malleable and steel-making irons, ing low phosphorous, which are f.o.b, furnace and do not in- ricage {Lill quotation is 2.50e. to 2.65c. Pittsburgh, the freight to D c. lor plate The mill quotation is 2.45c. Pittsburgh, which takes a freight te of 2c. per 100 Ib. for Chicago delivery. Jobbers quote $3.47 We quote 2% 1 t fe ote 0 per cent ferromanganese at ous ep roy Iron and Steel Bars Mill prices are: Mild steel bars, 2.35c., Pittsburgh, whee a freight rate of 27c. per 100 Ib.; common bar iron, 2.72c. to 2.75c. Chicago; rail carbon 2.65c. to 2.75c. mill. Jobbers quote 3.37c. for steel bars out of warehouse. Cast Iron Pipe We quote per net ton f.o.b. Chicago, ex-war tax, as follows: Water pipe, 4-in., $62.80; Gin. and above, $59.80; class A and gas pipe $2 extra. Bolts and Nuts Jobbers quote: Structural rivets, 4.72c.; boiler rivets, 4.82c; machine bolts up to % x 4 in., 50 and 5 per cent off; larger sizes, 40 and 5 off; carriage bolts up to % x 6 in., 45 and 5 off; larger sizes 30 and 10 off; hot pressed nuts, square tapped and hexagon tapped, $1.85 off; coach or lag screws, gimlet points, square heads, 50 and 5 per cent off. Quantity extras for nuts are canceled. Sheets Mill quotations are 4.35c. for No. 28 black, 3.55c. for No, 10 blue annealed, and 5.70c. for No. 28 galvanized. Jobbers quote Chicago delivery out of stock: No. 10 blue annealed, 4.57c.; No. 28 black, 5.62c., and No. 28 galvanized, 6.97c. Rails and Track Supplies Standard railroad spikes, 3.35c., Pittsburgh. Track bolts with square nuts, 4.35c., Pittsburgh. Steel tie plates and iron angle bars, 2.75c., Pittsburgh and Chicago; tie plates, iron 2.90c., f.0.b. makers’ mills. Light rails, 2.45c., f.o.b. makers’ mills, with usual extras. Old Material We quote delivery in buyers’ yards, Chicago and vicinity, all freight and transfer charges paid, as follows: Ny GE counts ces<4baakd oetwkemewes’ coma $23.50 to $24.50 Relaying rails ....... ; Skane 35.00 to 45.00 COPOEEE ivetncasee -aeber ccccccee Meete 26.50 Steel rails, rerolling .. ce eee ea ae .... 27.00to 27.50 Steel rails less than 3 ft...........0. ~++++ 21.50t6 22.00 Re SE EN cccnaccccavencancnwane 17.50to 18.50 Frogs, switches and guards, cut apart.... 17.50to 18.50 SOE GUE baa bcd deidwendentere Ceakaes 17.50 to 18.00 Per Net Ton Iron angles and pipes bars ............+.4.. $23.00 to 24.00 Steel angle bars ........ ; ; .... 18.50to 19.00 Iron arch bars and transoms............... 25.00 to 26.00 EO GOR GREE: <n ccc vn deeees cdcéoneecce eee: Eee NE Ce IS ub ecaendedes taniddtaniael 25.00 to 25.50 se Eo du vn ae Naacnedeasdeadeaens 16.50 to 17.00 No. 2 busheling ....... da eabe acacme niente &) Ce Co oacccelenddewaccngsdewewsacumaae 18.25 to 18.75 POD GUE SD cen nacdcsdcvcuccscctucncce BE ee No. 1 railroad wrought aan al ealreel 19.50 to 20.50 No, 2 railroad wrought Sénawuqaien 18.25 to 18.75 Steel knuckles and couplers .............. 19.00 to 19.50 CE CE da ccc caudencccencsveccosuuians 20.00 to 20.50 | ey ee socks) a'a: we ese sa cha cea PE wividsdaveusrensiavxdanede 21.50 to 22.00 Locomotive tires, smooth .............e.se«- 19.50 to 20.00 Machine shop turnings ..............+...+-- &8O0to 9.00 Gel GP sa ctcetarabusdecceacetladeas 9.50to 10.50 Stove plate and light cast .....cccccccccess 22.00 to 23.00 MY ME Sacudunude sacaadewms sscoccece BU ae PE caickwadkdnasnaees sha tar - 18.00to 19.00 Weaereee minlemble occ icncccccccccessccce BO Bee BOE © og vic ivcaderveticocenddacéseeseey Eee CU OE oc vcsanndanntcadéandinaddins 14.00to 15.00 Philadelphia Pig Iron The following quotations are for iron delivered in consumers’ yards in. Philadelphia or vicinity, except those for low phosphorus iron, which are f.o.b. furnace: Eastern Penna. No. 2 X, 2.25 to 2.75 sil..... $32.10 to $33.10 Eastern Penna. No. 2, plain, 1.75 to 2.25 sil. 31.10to 32.10 Vingee eek 2 dag See. OP SE Mlkdcnnvecsesneenas 84.10 Virginia No. 2 plain, 1.75 to 2.25 sil..........ceceee 33.10 DEE KcuGune'ds bibded deseenduetdeadibaedeniedanee 28.00 CO NOD pg nikiv ncanvenvarésnhastgabadaend wechennad 29.60 Standard low phosphorus (f.o.b. furnace)........... 87.00 PED. docs crknéncudnadesdwanhedenedivianeeedas 30.10 Copper bearing low phosphorus (f.o.b. furmace)...... 35.00 Old Material No, 1 heavy melting steel ..............- $19.00 to $20.00 EO OS aaa eee . 23.00te 24.00 No. 1 low phosporus, heavy, 0.04 and under 25.00to 26.00 CO. genccccnesensdaeddesedeneeemaes 24.50 to 26.00 Tee, 2 SUED WROD oc swcdcvenyvccseceses 27.00 to 27.50 ees: 2 SU SOU cn cvccagssvccencencned 22.50 to 23.50 ih ec cusencncandagesee skeen 16.00 to 17.00 PO. vc occcwssaeipacsetengmans 16.00 to 17.00 eh, Ei 2 dpevadeddrseaens shaban 16.00 to 17.00 Te DE. nc cecepenceecksdtsuccdant 13.00 to 14.00 Turnings (short shoveling grade for blast SEED civ ve tg unddacuaneesanabenne 14.00 to 14.50 Mixed borings and turnings (for blast fur- CGD - once cans rite sObben ads saeeee 13.50to 14.00 Machine-shop turnings (for rolling mill and steel works use) . ee 15.00 to 16.00 Heavy axle turnings (or equivalent)....... 16.50 to 17.00 Cast borings (cleam) ...ccccccccccccccccce 17.50 to 18.50 i: SE OE ccncecon cedvecsnereegenisamnans 25.00 to 26.00 Railroad grate bars .....i.ccccscccccccece 21.00 to 22.00 SK) MEE. eecerediasrsetrcesvensacgeoates 20.50 to 21.50 Railroad malleable ........-. ys eveccesccess 20.00 to 21.00 Wrought iron and soft steel pipes and tubes (new specifications) ......+eeeseeeenees 18.50 to 19.00 Ungraded pipe ......cccscecscecccsccceres 15.00 to 16.00 Buffalo Pig Iron No. 1 foundry, 2.75 to 3.25 silicon ......-+-++seeeees $31.00 No. 2 X, 2.25 to 2.75 silicon ..... scevecesseesooes - 1.00 No. 2 plain foundry, 1.75 to 2.25 silicon.........+.- 29.00 Gray fOrge ..cccccccccccccsvevcccrecsecesecscoece . 28.00 Malleable, silicon not over 2.25 ....-+eececevercene . TE onavertteccd pedovcssceseunnsess vereruscenee - 277.50 Beste, i 14 per cent pace eccccesdcesceres 2 Lake Superior charcoal, regular grades, Lob. Buffalo 38.40 Te ee a ET Reman ener as meres Heavy melting steel, regular grades Old Material Low phosphorus, 0.04 and under No. 1 railroad wrought No. 1 machinery cast Iron axles Steel axles Carwheels ,. Railroad malleable Machine-shop turnings Heavy axle turnings Clean cast borings Iron rails Locomotive grate bars Stove plate Wrought pipe No, 1 busheling Bundled sheet stamping No. 1 foundry, silicon 2.75 to 3.25 No. No. ayy silicor » » » 1 2.25 plain, silicon 1.75 to : No. 2 X, Virginia, silicon 2.25 to New York Pig Iron THE IRON AGE to 2.75 Finished Iron and Steel We quote as follows for mill shipments grade, 2.77c.; double refined bar iron, 3.77c.; soft steel bars, 2.62c.; shape s, 2.72¢ ; plates, 2.77c.; all New York. Old Material Cleveland Iron Ore $19.00 to $20.00 23.50 to 24.00 23.00 to 23.50 24.50 to 25.50 28.00 to 29.00 28.00 to 29.00 22.50 to 23.50 19.00 to 20.00 12.00 to 12.50 16.00 to 17.00 13.50 to 14.00 24.00 to 25.00 20.00 to 20.50 22.00 to 22.50 17.50 to 18.00 16.50 to 17.50 14.50 to 15.00 $33.80 32.80 31.80 er 35.40 Bar iron, refined non-Bessemer, Old range Bessemer, $6.45; old range Mesaba Bessemer, $6.20; Mesaba non-Bessemer, $5.55. Pig Iron PS cicaeeh dcamend ke meeh es Basic ssegeccoecesioge Le ceceece Norihern No. 2 foundry¢'silicon, 1.75 to 2.2 Gray forge Ohio silvery, silicon, 8 per cent Standard low phos., Valley furnace Steel bars, 3.27c. ; Finished Iron and Steel plates, 3.57c. ; structural ~~ » ante ee Sr TOE sss iacodckaee dans . .$15.50 to $16.00 Ee ied aisle. da biases Awl 20.50 to 21.00 Relaying rails, nominal 43.00 to 44.00 SEC ie on ei ee he eee 25.00 to 26.00 PC ME Clo we bios bay cies eae 34.00 to 35.00 No. 1 railroad wrought ...... 24.00 to 24.50 Wrought iroh track 18.00 to 19.00 Forge fire ...... via 12.00 to 12.50 Paes, en WE, DONS oss is sk ekinecven 19.50 to 20.00 Lr. "OR: 546s» eee 0r as 6.00 to 7.00 Cast borings (clean) 13.00 to 13.50 Machine-shop turnings ....... 11.50 to 12.00 Mixed borings ano turnings 11.25 to 11.50 Iron and steel pipe (1 in. min. diam., not under 2 ft. long) 14.50 to 15.00 OUG. DIRED nic cdc vaecdccenes sod dearer 17.50 to 18.00 Locomotive grate bars ......eeseee. 19.00 to 19.50 Malleable cast (railroad) ............ 16.50 to 17.50 Old Carwheels cine ems ans ; 21.50 to 22.00 Prices which dealers in New York and Brooklyn are quoting to local foundries per gross ton: No. 1 macRinety CASE ..ccceccseses or 25.50 to 26.00 No. 1 heavy cast (columns, building mat: rials, etc.), CUpOlA SIZE ..cscccoeces 24.50 to 25.00 No. 1 heavy cast, not cupola size 17.00 to 17.50 No. 2 cast (radiators, cast boilers, etc.) 17.50 to 18.00 Cincinnati Pig Iron Based on freight rates of $3.60 from Birmingham and $1.80 from Ironton, we quote f.o.b. Cincinnati: Southern coke, silicon 1.75 to 2.25 (base price)...... $31.60 Southern coke, silicon 2.25 to 2.75 (No. 2 soft)..... 32.60 Ohio silvery, 8 per cent @ilicon ....cccescccesccues 42.05 Southern Ohio coke, silicon 1.75 to 2.25 (No. 2) 31.55 OG. DE. occas ps dauiea ce we stand wade stan eueee 31.05 Standard Southern carwheel ........scesseccecs 48.60 Malleabl« Coereeesecsterevreseseeeseeeeees 32.05 Old Material Per Gross Ton Bundled sheet . $12.00 to $12.50 Pad GPCR CORD oe wscscs Sack lh weaasa or mecaheria 22.50 to 23.00 Relaying rails, 50 lb. and up 40.00 to 41.00 Rerolling steel rails 20.50 to 21.00 Heavy melting steel 15.00 to 16.00 Steel rails for melting 16.00 to 17.00 Old COPWROEIS sicccccctdcecces 18.00 to 18.50 Die. 2 SRRORE WOME 0.6cncicecccivvceans 17.50 to 18.00 Per Net Tor et SE. bcc ticks toni ens wich xenbeanke $7.50 to $8.00 tl PN + 0 i445 ckkdbe cbse near eausder 7.00 to 7.25 DOME CREE. coccccikteee ones 60d dew eenwem 20.00 to 20.50 a! 2) CES Con kkcsa wave evnce cen eens 22.00 to 22.50 DUTSE GETRD cine css ddevoccesscrecvecesen 13.00 to 14.00 Iron axles cease ; 24.00 to 24.50 Locomotive tires (smooth inside) 18.00 to 18.50 Pipes and fitted ....cccccsccccsccccees 13.50 to 14.00 Malleable cast pine eee bee ye wes bee de 15.50 to 16.00 Railroad tank and sheet ii 12.00 to 12.50 $5.70; $29.35 26.15 27.65 34.10 26.15 45.40 - $38.00 to 40.00 shapes, 3.37c. ; bands and hoops, 3.97c.; No. 10 blue annealed sheets, 4.47c.; No. 28 black sheets, 5.27c.; No, 28 galvanized sheets, 6.62c. i October 3, 1919 Old Materi. Heavy melting steel ........0600 Ri ieweee’ $19.1 ) On OMG TON, WORT OD esis cescdccwticcdavcene 21 5 OOM FOGG; SOUOINOR boric chek boc bs odes 25 aa en ly NE Wit ihs oss came seks oe wen Ce aes 26.0 5 >on SOOM BOP AMIDE i550 oud i's Chi 54 aR Ce oa eR Oka DE 35.( 38 On tO CONSUME 806 cbacenssctebverMetecs 33.( + on Low phosphorous melting scrap........... 20.7 rt On LA UCMNOD . ins Daw baeia eee eek eR ED § Ow RR 13.5 =x Iron and steel turnings and drillings’........ 10 : Short turnings (for blast furnaces)........ 12.7 13,95 ee errr errr ee 16.( 16 50) Gs: & SURIOER WEOUMRRE ok idee ced devcweck 21.5 0 Pmcicuitural MAUeable oc. oeccdccscceesone 16.54 17.00 MOUOOON MOUCRDIS 6.6ccscccccvcrecercisdeed 20.0 (54) NOR SURO TORRINMS «545 0505.0 le cnc ekeaas 15.75 16.0 Light bundled sheet scrap ............5... 14.50 15.00 ee ee TEE Terre OP ee eee 23.50 110) ey El PO © 2 vcs owe’ <tr Vicon Wk saw ees 17.00 70 Drop forge flashings, 10 in. and under...... 16.25 6.50 Drop forge flashings, over 10 in. .......... 13.00 = NOG Mise DOLE: os o-6s.5 kab ww casas dain 20.50) 0 UNG DENOE etnccsovvedeasarvhesguewe en ae 22.00 . St. Louis Old Material Per Gross Ton Old iron rails ste cialis . $23.50 t 100 CHG S0OGL ESUS, TOPO od cicice din silucecue 27.00 i) Old steel rails, less than 3 ft. .. septinece GO to 2m Relaying rails, standard sections, subject to SRRCCHOR oe kines a0. oi ees 064.004 nble ees 38.00 to 45.00 Old carwheels say abie tal esta inate 25.00 t OF 0) No. 1 railroad heavy melting steel ........ 19.50 to 20.00 CROAT S SOPOT BOR! 5 ocddcacaveictesiuce 16.50 to 17.00 Ordinary shoveling steel ui be: atacand 16.00 t 6.50 Frogs, switches and guards, cut apart....... 19.50 to 20.00 Ordinary bundled sheets ........ 12.00 to 12.50 Heavy axle and tire turnings .............. 13.75 to 14.25 16.00 to Per Net Ton Sat SMI TER «.'s. « ‘dar ud, Ws uw ee eo Se PR ER OO og cds cena s Get wa Cala ea iy. ae | are Os, GE NE aiden cka de naicacd Mace e cee Wrought arch bars and transoms ING. 1 POUPOOR WHOUMRE 655 6-ck ccc ticccesacn INO. 2 FOUTONE WrOUPRNnt. oes scaogocchecducta Railroad springs by eis dy AG A ak ce tena ale Steel couplers BOG EWUGRIUS. x ccccetcsawdes Locomotive tires, 42 in. and over, smooth MS wikchs hedc dS OeNeE Ace OLe Kee ee 2 GOMOCe TOON bvckccccxercvusebeavectet Coat OR BONERS ..iccpevbekve ceiaenscawee No. 2 Bushee 2.6 sc ds snes No. 1 boiler, cut to sheets and TINGS. wcecces 30,50 27.50 to 23.00 to 19.00 to 19.50 17.00 to 17.50 17.00 to 17.50 17.50 to 18.00 17.25 to 17.75 16.00 to 16.50 10.50 to 11.00 16.50 13.00 to 13.50 DOR. 2 ORE LOORE Ss wins tu yon 6 a eee eee 20.00 to 25.50 steve. plate pnd Tight cast ....ccccrscasena 21.50 to 22.50 ee, BOOED. ov ccs cswcsns donbotaser 16.50 to 17.00 ARTICUIUAl TIBFICEDIS .occcvcccevevcvcecey 16.00 to 16.50 Pipes and flues ...... { 15.50 Heavy railroad sheet anc ; 14.00 MOEIOGE MrAbe ‘BOGE .cé.c ik ca cwnedeaseatvnss 9.50 to 20.00 Machine-shop turnings .......cccccccscecs 9.50 to 10.00 Country mixed (ne USK Seat eekew eee 14.00 to 14.50 Lincut rntivead Wiixed 21:0... cccsscactesstwes 15.50 to 16.00 PIOUECEROES hice cess caneayenv ese erereaene 18.50 to 19.00 . i Birmingham Pig Iron Poundry, sitcom: 1:76 to 3B ..sccccccccdcsstoavics $28.00 DONO’ vécvcxdddevdsekacdbexbhewsee bees en cpeeeee 27.00 Old Material Steel rails honwan pew henee sy eekeee Kee $18.00 to $19.00 ih, a COE cosecchacaes eneeemee 17.00 to 18.00 Colt teek BONNE oc cc kc cceccvcnecéeun aeons 10.00 to 10.50 Machine-shop turnings .........eeee. 15.50 to 16.00 DOOVS DIMES ve ase cvscicssdvasne edeceuewns 20.00 to 21.00 Oe: 2 OE. dbdee he dsavews+ebnadapeds can 28.00 to 24.00 BO er ee ee ere 23.00 to 24.00 TUOUNORE WHOSE. 6.0066 cisiesssccteguensuueee 22.50 to 23.00 SDE sven ce vsh.dsdNenntees sane 25.00 to 26.00 PO 2 WERE ccs ierkivetasisrennanee 18.00 to 19.00 Eastern P Pig Iron Rvs No. 2 X (silicon 2, 25 to 3 Eastern Pa., No. 2 plain (silicon 1.75 to 2.25) ob Buffalo No. 2 X (silicon 2.25 to 2.75).....eeeeeeer* =r Buffalo No. 2 plain (silicon 1.75 to 2.25).....+-- a Virginia No, 2 X (silicon 2.25 to 2.75)......+e+0++* 3470 Virginia No. 2 plain Old Material - } No. 1 heavy melting steel..........-..00% $15.00 to $15.2 No. 1 railroad wrought .......ccccccsecce 21.00 to + No. 1 Yard Wrought Viestecssee acca ane ren 19.5 Wrought pipe (1 in. in diameter, over 2 ft. . x MM) PED eae aeanene versed eeese anes 14.50 to 11.00 Machine-shop turnings ...........sseeeees 10.50 to 14.00 Cast irom borifge ©... cece ccc cence secrete 13.60 to 12.00 Heavy axle turmings .... 05 crcicecccsscess 11.50 to 9.50 Blast furnace borings and turnings.......-- 9.00 to 12.00 POTMe SCTAD wie eet cect veer swe csseeewbe 11.50 to 12.0 Bundled skeleton LB 50 to 93.00 Beeel CMF OKIES onigs'sys'9g gs 8d kee cekahp aes 22.00 to 95.0 Cee oon ica cisvccucecdsdakenhen a4 50 to 25.50 Maebinere (Cad oi occ ns vie hiteie Lk tmeaegtbas 24.50 to 33,00 i OME wand ven éabetnnnkd VeQEN ET ve ng ee) eee 00 0.00 DOE ME skin seek cee en<cancean area 19.50 to 17.0 Railroad malleable ............ ee + 17.0010 on Rerolling rails 21.00 to 7 16.50 aI 1.00 12.50 14.25 17.50 $ oo = eooooooooeoeosv eo 28.00 23, 1919 (Continued from Page B) CINCINNATI Oct. 21.—Malleable is very active. Several lots Ohio and Valley furnaces have been sold in this A part of the southern Ohio iron brought as high e, for first quarter shipment. A Cleveland furnace Tate act for several thousand tons of malleable for an “egy with shipments extending through the first half. \ - ry iron, 1.75 to.2.25 silicon, is now offered for tirst Dae $29.75 iron-ton, and some has been sold at this rn iron for next year is still unobtainable, some — 1 iron, having high silicon content, has been sold for nt all the way trom 50c. to $1.50 above the last ’ was based on.$28 Birmingham, silicon 1.75 to 2.25, ee noving more treely. i ; i ; Poe nger in all fields and Wise County furnace is now ‘ $6.50 and foundry at $7.50 to $8. The scrap market aye ring a little lost ground, but no advances on any ted. a“ BUFFALO Buffalo, Oct. 20. ron market is very strong, inquiry being exceedingly i the leading producers of the district are still tied » situation. ‘lwo others are producing in good vol- e latter being fully booked to capacity—and even 1919 delivery, and are not quoting for delivery dur- ler of the year. One of them is not quoting for 1y20 ; it will not commence to do so for another 3U days, 5 en it does will advance prices considerably. The s quoting for the new year and has made some sales, number of thousands of tons at prices which are cently quoted schedules, the advanced prices being: ny UN furnace tor 1.75 to 2.25 silicon; $30.00 for 2.25 to r 2.75 to 3.25 and $29.50 for malleable. At least two were for 1,000 tons each. prospect of shortage in pig irom and higher prices to er cost of production. METAL MARKETS THE WEEK’S PRICES Cents Per Pound For Early Delivery Copper, New York Lead —-— Tin —-- a Elec- New New St. New St. Lake _ trolytic York York Louis York i 15 22.62% 22.12% 55.50 6.35 6.10 7.80 7.45 16 22.50 22.00 55.50 6.50 6.25 7.90 7.55 17 22.37% 21.87% 55.50 6.50 6.25 7.90 18 22.374 21.87% 6.50 6.25 7.95 56.50 6.50 6.25 8.00 56.50 6.50 6.25 8.10 New York, Uct. 21. markets except copper are more active and higher. large producers ot electrolytic copper reduccd their from 23.50c., New York, to 22c., New York, and it is that fairly heavy business was done on a scale down s above and at this level, Demand at present is light tside market is lower at around 21.50c. to 22c., New Spelter oo “J ~! a“ aS quote the market for electrolytic at 21.75c., New Lake around 22.25c., New York. Because of the ngshoremen’s strike. Straits tin has advanced to 56.5Uc., New York. A fair business gs been done in Straits tim ex-store at this level, as well as in metal ex-steamer at dock at close to 55c. to Wc., New York, and’ there. have also been sales of November- mber shipments from the East at around 58.75c. Late last eck the leading interest advanced its lead price from 6.25c, to New York, the outside market having nearly approached level a day or two before. Demand is good and the supply nt. The St. Louis quotation is 6.25c. Because of fairly large export through Gulf ports and because of a more active galvanizers, the zinc market has advanced. Prime irly delivery is quoted at 7.75., St. Louis, or 8.10c., virgin aluminum can be obtained in wholesale lots at 32c. to » New York, both for early delivery. subscriber of The Iron Age is urgently in need of a copy of n and Steel Works Directory of the American Iron and Steel tor 1916, which is now out of print. A new issue of the will appear in December. Will any subscriber who is ing to part with his 1916 directory please write to the editor the Iron Age immediately? MACHINERY MARKETS AND NEWS OF THE WORKS New York tk, Oct, 21.—Inquiri¢s and orders for machine tools very satisfactory fate. The General Electric Co. is t tor 53 miscellaneous tools for its Schenectady works, ling screw-cutting. lathes, millin gmachines, upright and a grinders, ete, he E. W. Bliss .Co., Brooklyn, is a e Yeycr, its requirements including large planers, boring mills + oth ‘vy tools. Ofders for boring mills have been placed. Koyce Co. of America, which recently issued an in- t 50 tools, has not yet placed orders on this list, but 2, 2 ¥ 40 so soon, It is reported that the company will occupy nnecticut, : wark Motor Products Co., Newark, N. J., a new con- sing equipment’ for the manufacture of! pistons and rake lhe Jones Speedometer Co., New Rochelle, N. Y., beat i list of.new tools for. t