| Show oi 01 Orders Iho IR int t Week 0 Nov No Iron Trade this week will IA say ot of iron and steel have lve been busy butr placing orders orden In the Illat Week feek aDd aM It wade made a greater reater recerd than either or of the two weeks Chi oa o Ie leash BI as a bUhl buying point wit tons ot of pi Iron tone tom ot sad tons of plates and every form of product In th Ih Oat firm handling handlin southern lion Iron hal hu OOOO tons ton ot of basic balc In the put past ten days for 11 by Eastern and Indiana Ifa gas belts plants reports report that for the t of October aaI sales of l Iron reached ton or more than In all U tit six months month I Peon all quarters come reports that Ihal bayer have hae been placing orders orelen In the belief that the ulI ted after No Nov 6 hIgher prices The Th fart I is that Ihal In acme cases caan where furnace companies have been selling at a loss lilli JIll Iron advanced d fifty cents itt In past wt wak this thle being true of some lome southern Ohio and aDd Irons IlOn On I tho other scam of the Chicalo which Included contract running Into loto Year fur was a lolled closed at bottom prices Iu tile the and valleys the buying line been attended by unchanged prices In gen general eral the furnace Interests have now taken a firmer stand though no mated al advance I Ii for tor In the nr near tu In tore ture Th The bessemer Iron Iran IIO In Inthe Inthe the valleys villey are IUt expected to meet week to fix a on deliverIes utter after Jan 1 Thill It I Iii understood will not ho holess less than 14 at furnare The market for tur bessemer It steel HI billets hat has gone JOne un unchanged changed the meeting In ew York ork last lut w week k no an I Is now In progress In New NewYork ew York which It Is II predicted will In an Price for tor sn O at central western OpinIons 8 as to the advisability of at engineer engineerIng Ing new agreements or revIVing oM mes n on certain Following the lead of the Ule plate mills milia the manufacturers of steel teel bars bar have hav planned a meeting In New York this Ihla week at which It I Is fX to establish a uniform price These movements Are confirmatory of the distinct improve that has hall rom come OVer the market markel r re centhy for on only I on I a strong market markt can agreements be maintained The railroads hn have VI added to their pur hases ot of rail and buying on a liberal from lines III all lion I Is cx x ported to conic CORI out now that the cite elec I Is over The bE better In all parts f the and the advance In steel billets billet whIch manufacturers ar argue ut utI I fully b by the recent ent buying movement are counted on to 10 dIspose of oC mOlt moat 1 this the remainIng opposition to the tit price for tor rails 01 Steel HIMI ew York rk Nov I Is learned from frem froma frema a source lOurte that a ot of o of the steel companies h has Jut just been held In this city Steps wore were taken talLen IOme me ago 10 to 10 perfect the proposed steel billet pool and aDd two m for drawing up and aAd agreements under which the pool could ud bl b formed have now DOW been held What wu taken At this latest could not be learned It II known that nothing definite Was wal dome at Use the pro pre meeting as It was wa decided to do cle let action until ter the electIOn nu flu ha have bees boD current for acme that the priC price ot of steel billet would be advanced to 30 a ton Th The present III |
