| Show I I I i IRON MARKETS ARE QUIET Buyers D to 10 Await Developments Before Proceeding il 11 or of TritOn Hao Calmed but Ibid Vt Ne New York Fob the condition or of the Iron and metal trades tine tho Iron Age toda today says from some Bome eales f lg In aggregating about tons tona token taken by large interests the tho pig iron tron markeLs markeLI ar are exceedingly quiet of foundry Iron all 1111 OVer the tho country seem determined to await de developments until they commit them themselves selves further The majority seem quite well supplied t for tor a considerable time to come and they are willing to take their chances beyond that Under the pressure there has hils b bien n some weakening of prIces and In isolated large Producers have named lower figures particularly for tor the second halt It 11 Is IsI isa I a tact act too that n a te few consumers are beginning to ask that hat deliveries be not The event ot of the week In steel teel billets has haa been the closing of a con can contract tr tract between beleen th the leading consuming Interest and large steel makers log about tons tOM of steel for tor earlY delivery delhery hn has It that Is i morel merely a conversion contract In an any ease cae It relieves the which has hall been ex exerted exerted on the market lately The Tho sheet hf t under the aus pIeces of th tire Moore party s secures ures a very ery large tonnage to 10 the national steel corn com compan pan pany rising as 88 it II dotS does above tons tOilS annually Practically this makes this large producer antI and Its III allied interests self belt contained time tile tonnage e ot of the tin tinplate plate plat hoop ant and steel companies being very try large In the aggregate With some ome roll rail tonnage arid considerable billet ton Rage nagI In addition the company has Its capacity fairly well swell engaged The formation of the sheet consolida lion has a great greut effect upon prices In Inthe intine tine the central tine the territory to Which tine ne new con consolidation Is practically con oon confined fined although It does doe not oven en there hold undIsputed sway as yet et The Tho plate contInues A lot lotof lotof of about 2000 tons for the IJac c coast had been placed tn in nail some ill is beIng done dOM for tor lake ship hip shipyards yards 0 Ill S It is II reported that consumers have hae a good dent deal ot of material still due to 10 them on old The reports tram rain the mills continuo continue quite encouraging Car eliI builders are still corn com lug Into the market for tor material and have lately placed sonne notably good od orders for tor axles and special forgIng The rail trade Is flU nuiet let only onty small tots lots lotsof ot of light rails mils being placed with foreign buyers Copper has quieted down Quite reo me sale have been made modI in III England Itt at better prices than eon be obtained here when Ihen ani only u a few months since lake copper was sold In Germany at below our putt parity I The london tin rs hare hae gir giren en the spot market another twist The speller market ts is tJ developing more and more weakness due largely to the tact fact that the demand from is 18 light The tin plate trade trad is II reported to be beIn bein In excellent condition One b by one the idle plants are arc resuming work |
