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Show GREAT PRESSURE ON THE STEEL INDUSTRY Price Adanre Rein;; nnuneed as Ku it of UBprecedentod Demand: N1W YRK. Jan. 3. The Iron Age tomorrow will say. "The volume of business done In nearly all tho leading distributing centers during dur-ing the past week has been much larger than Is usual In the holiday season, and the Industry enters the new year under tremendous pressure. "in the Pittsburg district negotiations are stiu n progress betwe. n the merchant furnaos and Steel corporation, corpora-tion, which is on the eve of closing for a considerable tonnage of basic pig. The lendlnK milkers of foundry and forge iron In the Schuyklll and the Lehigh valleys have advanced their prlees 25 cents per ton. Bridges for Northern Pacific. "Rail-makers r port additional orders, the largest this week being for 13.000 tone for the Oklahoma Central Bridge builders are active The largest tonnage placed during the w.ek In that of bridges for the Northern Pacific, which calls for 2u.ftj tonn. and Includes the structures over the Columbia and Willamette rivers The American Bridge company booked &W.O00 tons during VAC The capacity, which was enlarged during the year. Is now pliir.,1 at , .,m- to Tin tons German Steel Comes Here. "During the past raw wseke ins Airman Steel nvn.ll.at. h i- void In thin country Ions addition. il of structural nhup u. making the total since the movement began about ilmOu tons This Is exclusive of the business In tho samo lino done bv representatives of Belgian mills The German syndicate has advanced the price to f c i f . c. jul to about $1 V) per pound duty paid. New York Advances Are Announced. "One of the leading Eastern plats mills hss Just decided to imk an advance of $3 per ton on all heavv plates and ' n ton on No. 10 plates Inke shlp-bullders are figuring on two additional boats. The wire-makers are exacted to announce an advance of 1 per ton at an early date." |