| Show mON lito TItU I of ot tho thu Status ul ci by 1 I Journal New York Jan Tho Iron 1101 Age In InUs InIs Us Its Is current issue estimates that Re tons tOis of ot rails mis have already boon for tor delivery delery In II 1902 This The condition of or the tho pig iron market markot appears to be bu some somewhat what mixed with WILls Wih a n disposition unions among buyers In lii II sonic some quarters to walt wait Iol lowIng Is the review of at tho the From Prom all ni tho the affected districts corns come reports re of ot n a further Improvement In Iii II tho thu Colic coke situation and in Iii the lie handling of or freight The Tho coul operators generally throughout the thc country are complain complaining ln lag ing of or a IL scarcity of ot skilled miners Ore Oie prices have not yet bees been ulen fully tUly established although an nn announcement In Its looked forward to II soon In tho the pig Iron trade Interest now cen con centers centera contern tern tera In the third and fourth quarters of ot tho the year In Iii II some sections and In I some saro departments of tho the trade buying Is reported d on quite a I liberal scale but hut It looks ns na though consumers eOn are aro dis disposed ls posed to Walt wait for tor future developments For spot pot Iron all sorts of ot prices are aru being paid vall It I looks ns us though tho the steel rail rl mills have hae now on their books for tor 1902 about 2 OOOO tons which Is pretty near the tho full tul capacity Under the circumstances It Is not surprising that the tho Mexican Central order for tal or about to OOOO orter tons Otis has hns gone abroad Reports have havo Jt It t that a large order or er has haB bees been placed by bynn byan y nn an American road with foreign for Cor Gulf delivery delvery The Thu o coast will wi probably be bo forced to depend this year to a n considerable extent upon Imported tails raIls 1111 Some Sante small emaIl smal orders or orl have already been lIeen placed and larger quantities eem likely to follow tolo Tho The demand for lor structural material Is local show I very heavy as ni our reports a good deal of or new lieI business Is being placed I with wih plenty 1 of ot It In sight It I Is reported that lint In December the lie leading Interest the American company compo ny booked close cloa to tons tona and auth that at tho the rate at which con can contracts contracts tracts have been entered this month that that tonnage will wi bo ho duplicated The Tho company have hao now on hand orders for tor about OOOO tons equivalent to eight months output Somewhat better eter accounts are being received as us IS to the plate pInto trade The ca on capacity pari has beet been much Ilch Increased ell of or late Inte that even the tIme great ship building building car cur locomotive and nn boiler shop shall slid orders dont tont seem to afford certainty beyond two or three months In Inthe Inthe Inthe the sheet and merchant pipe trades employment Is fair but the outside mills are arc lre making an nn Impression The Tito skelp linda Is 10 I light lightOn lightOn On bars bare reports from tram tho the west vest are very ey on NIO In tho the wire I ro trade prices are aro again firmer n nil the result of ot tho the conference held A further meeting Is to take place nt at a near future futuro date Copper Is iii II still weak although apparently COPler the buyers have huwe been taking hold lately latel Domestic consumers ers ere continue to act very wry cautiously Farm I Bold New Ne York Jan Is reported that the tho Stock farm t rm situated at nt Eatontown N NJ J huts han hn been sold soll tho the purchaser lr being Mr Ir Tucker Tho Thu fht farm comprises com 83 53 acres Including a n half halt mile mie truck track ansi and ant buildings 8 It I will willbe wl wIllbe be he remembered that tho lie late Into Pierre Pierro who founded Rancocas be 10 the th property to Mrs LIlian Darnea Alllen Milem Alien Soon after this was made known It was said that negotiations were under way for tor or tho the purchase of 9 tons from Cram rain Mrs Irs Alllen AllIen Alen by uy young oun Pierre rl and other mem members hers bers h r of ot the family tamlY who wore were desirous of oC retaining the famous tarn farm But lIu lut the tha negotiations net roll fell tel through at that thai tithe time |
