Show The Mall and Express has a long artl Icle on the prospects of the Iron and steel l trade I seems that several 1 weeks before the election options had been made for large amounts of steel billets phtos and structural material dependent depend-ent upon tho reelection of Mr McKn ley mid now definite contracts lm fe been made fQr their delivery The result re-sult is 1 that reports from Plttsburg and other centers of the great steel and iron Industries plainly indicate that thoro Is an Immense revival of activity following fol-lowing close upon the results of tIle election Several meetings have boon help JO settle prIces for tho products of furnaces and mills and It Is 1 expected that these will be on 1 Ito higher level thaw 1ns prevailed for the last few months but not nearly up to last years prices Groat orders have been given for structural steel for buildings In New York city L and we have already noticed n large amount for rally and rolling stock South Africa Is Just t now putting in heavy demands for all kinds of Iron and steel wares East and for lumber from this Vost coast Probably in five monUls more the mines there will bo in full activity and tho yield of gold In 1901 ought certainly to be 100 000000 123000000 South Africa alone supplying |