| Show MUCH 1 ACTIVITY 4 IN IRON TRADE Strength Is the Leading Char Characteristic Characteristic Characteristic Noticed During the Last Week Now New w York Tork Sept 5 strength and even ven buoyancy have been the prominent rent nent characteristics of the iron trade dur during during ing the week eek with interest centered large largely ly lv in raw materials including ore pig it iron hon on scrap and coke The last lut two days of August and the first of September developed great activIty Ity in foundry and forge iron in 10 inthe the east eastern eastErn eastern ern districts sales les for the three days das aggregating tons not including 19 fl ft tons tone additional of basic iron Then followed a luU lull but at the close of the week the demand was more ac Be active five tive and urgent than ever Total trans transactions transactions transactions actions made by New York houses alone for the week aggregated tone tons Some furnaces have again advanced prices of foundry grades Eastern Pennsylvania furnaces f are obtaining 17 11 mainly but some sales have been made at 17 fur furnace furnace nace There is III much irregularity No Z 2 having sold as low as DUO 16 50 and as high as 1759 while other furnaces are de demanding demanding demanding manding US IS 18 and even 1850 1656 Basic iron has sold mainly at SIB IL 18 delivered for the thelast thelast last Jast quarter of the year hear ear I Rail contracts placed during the last week of August aggregated tons tonI making the total for the month tons The car ear orders placed by railroads dur during during during ing August aggregated li and more are pending There is active demand for billets and lots of from BOO to 1000 tons of open hearth have sold from to 27 fl at It the mill Cold shafting is 3 a ton higher Rolled iron pipe was advanced 32 2 by some mills St Steel el casing ca line and drive pipe are 3 higher |
