Salt Lake Tribune | 1909-08-09 | Page 5 | Curtailment Evident in Iron and Steel

CURTAILMENT EVIDENT IN IRON AND STEEL NEW 1 OltK. Aug. S. Since August 1 there has been a shRrp curtailment hi the volume of business In pig Iron In the eastern district. Sales for theweek have aggregated scarcely 20.000 tons of foundry foun-dry grades and only a few thousand tons of basic, but about TiO.OOO tons of basic have been under negotiations, and contracts con-tracts nre expected to bo closed at any moment at an advance of 25 to "0 cents a ton ovor the last previous sale Contracts Con-tracts for rails have been placed by domestic do-mestic roads aggregating 50,000 tons, Including In-cluding 5000 each for the Pennsylvania and Harriman lines and 10.000 tons for the Burlington. Export, orders have aggregated ag-gregated nearly 25,000 tons, including- 10.-000 10.-000 for Manila and 9000 for Australia. Small orders have been placed for shipment ship-ment to Havann and Honolulu. Belgian mills have taken orders for .10..000 tons In the international market, while French mills have taken orders for"sliipment to South America. Orders have been placed for 11.000 to 12.000 additional cars, calling for about 125,000 tons of steel plates and shapes. Orders, for 10.000 to 12,000 cars arc still pending. Structural steel orders have aggregated 10,000 tons.