Show OF HOPEFULNESS S nat CI l 1 Sl SaW fo for the Make a at r o 11 tl lii Iho 1 fr it 1 is hilt III urd New t orl May a the condition of th the Irn Iron ud and Iel steal indies tries tb the Iron Ag says Tb The bt beat that c can he said d for tle the I Iron market at present Is that a of at a The Th demand to b be a little better In Ime some of tb the trade Irad Ald and buy buyers are re disposed to place orders order rather more ore Cr freely e This Jt Is II particularly tre true of the Wet West When h title Ia Hal been said Id how bow however ever I it covers about bur the tbt mot most noal Iq condition to b be 10 abed o 0 Impe Improve Improvement ment is II li In Plc prices The Tb tendency appear to b be still UI downward and so 10 tr far no Indications Indication are re an seen of a Arm foundation for such products u as are re renol not nol controlled b by an n effective consolidation 01 ot combination Prices have been gradually receding for tor some sometime time and heric heroic eort effort ae are made to maintain them In some directions this simply Imply results In creating a great spread In quotations quotation for this re reason In on some products show a range rne of I dollars per WInO rods tot Instance ar are quoted at mil mills i In r the lt at I 15 to TW TWI I It I is el aly bleed believed thit a IUt large tonna tonnage is II walling to b he place placed as ln soon 8 as prices prieN shall haa Ie have touched a that tha t will b be considered satisfactory to buy buyers How llo far down don they must go 0 In order to meet this condition I it I Is of course coure to say ay were wre at t their hl highest It would certainly have ben been favorable to new bolln business for 1101 to b be made ep p prent present prices Bu however 11 always seek k to secure lur some something thing I a huh than UI the offers made to 10 hn I It I ii likely that the feet that thaI this h is a presidential yer year may Influence this reserved arved tOI inure than tle the mere question of prices Undoubtedly In 11 all of pr eon dl no now affecting trade the election I is taken One On of th the Interesting lal items of lew news coming out during tb the week is the re reported ported salt If of TIO tons ton ot of pig Irn Iron by a Ir large company for tor export to Scotland the to cover tl the net next six Ix months montha hl sellers ler wi will neither arr alArm nor deny th the report but true It I is quill quite generally e bUted believed to b be betrue A large 1 to b be placed within a afew f few day covers th the approaches to the thene ne new rIver bridge between New NewYork NewYork York and which will require abut about lo Ions tona ot of steel Thu con contract on tract would excite much m moes Inter interest In the trade trad If ti the steel w was nt not open to acid open hearth which restricts tb the number ot of bidders Another r important mat matter up for consideration I the elJa w di die agreement between tt the Jr association of iron steel aid ad Un tin work fh era and nd th the owners bf t In Inthe inthe the Wet West over oer tb the wa wage schedule for tor forthe the year beginning July L Th The a eton elation ya wi will ask k for an advance In Ut the b base on which ther their WI wages a are regulated e ed and under present the manufacturers wi wIll certainly to 10 grant Ihl thIs request I It I is tad to II leid to the c closing 0 of many and 1 consequently 1 tt decided of GC production This Wi Will tt it continued for tor any of time favorably red finished products t hut but nl hf hays tl te opposite effect on pIg Iron I It I la u as assumed by tho those who are I believed to be bewel bewell wel well informed that th the workmen Ar are not averse vp to taking a this summer as 1 Ih they hl hive hd had a pr period of uninterrupted employment at t good wales A disagreement hOwever n h he tween and employee which entails the closing of Gt lr tarp H s end and th the enro enforced Idleness of tho ot of workmen cannot but have en n unfavorable influence on many directly branches l of trade outside of tM the Ge one |