Industrial World Volume 48, No. 2 (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1914 Excerpt: ...the week, and a genuine slump developed in structural buying. Structural contracts placed during the last fortnight of September were less than 30,000 tons, which is probably a low point for the year. Foreign inquiries for sieel and steel products are steadily mounting, although little business is being put through. All told more than 200,000 tons are now being figured by American mills. The steel bar inquiries from Englind reach 120,000 tons. It is understood the Steel Corporation will take this business through its export subsidiary, which will have the steel made by the Carnegie Steel Company's Pittsburgh mills. England is inquiring also for 25,000 tons of skelp, and has taken 2,000 tons of wire rods, Russia is inquiring for 5,000 tons of barbed wire and other foreign inquiries bring the barbed wire requests to beyond 10,000 tons. A little railway purchasing was noted: --about 1,500 tons of structural, ten locomotives, 30 coaches, 2,000 freight car undertrames, and 7,000 tons of rails. RECEDING PRICES IN EASTERN PENNSYLVANIA. PHILADELPHIA.--Producers of rolled products have recently experienced a sharp falling off in specifications against contracts, in that consumers have been held up in the fulfillment of their contracts for manufactured and semi finished materials. Domestic demand for steel billets has been quiet although foreign inquiry has been increasing. In the later cases buyers refuse to pay current domestic quotations at seaboard, for export, and little foreign business has been done. Makers of plates and structural shapes report quieter conditions. W hile here and there some tonnage business comes out small miscellaneous orders have been relatively lighter. While some makers hold at 1.35c here, for heavy plates and plain shapes, and are disincl...