Steel Orders Held Up as Market Dulls Through Election
Iron and steel trade reports slow activity with few deals last week while buyers and sellers await the presidential result. A Taft victory is seen as potentially lifting abeyant projects. most markets run at about 60 percent capacity. notable transactions include 14 000 tons of cast iron pipes for Cuba, and a 25 000 ton steel contract for railway springs with Inland Steel. Lake Superior ore movements are revised downward, with forecasts of 22 000 000 to 23 000 000 tons overall for the season amid light all-rail shipments and steady prices for certain ore grades.
MENTIONED IN THIS ARTICLE
Taft
Cienfuengos
Cuba
Canada
Iron Trade Review
West
Inland Steel Company
Chicago
St. Paul
Lake Superior
Pittsburg
Return of Prosperity in Detroit and Nationwide Industry Revival
The Detroit Free Press notes a renewed industrial outlook with factories resuming full or partial activity. The state employment bureau struggles to meet demand for workers, especially unskilled labor. Since Labor Day, money, confidence, and spending have risen, fueling a broader national recovery amid a presidential campaign and solid political stability suggesting Taft's continued strength.
MENTIONED IN THIS ARTICLE
Detroit
Free Press
State Free Employment Bureau
Taft
Ironwood housing plans advance by Oliver and Newport firms
The Oliver Iron Mining company and the Newport Iron company will erect 200 dwelling houses in Ironwood for their workers. Contracts were let last week as better accommodations help secure top labor. The new houses will be roomy and varied in design, contrasting with the old uniform plan. The Newport mine has expanded ore stores and now employs about 1,300 men. Oliver’s mines are among the region’s best. Ironwood has macadam streets, and the two firms cover 79 percent of the cost, aiding other property owners.
MENTIONED IN THIS ARTICLE
Oliver Iron Mining Company
Newport Iron Company
Ironwood
Newport
Oliver Company
Postage to England Rates Change in 1908
Order No 1667 of the postal administration of Great Britain states that from October 1 1908 the postage rate for letters mailed in the United States to addresses in the United Kingdom and Ireland is two cents an ounce or fraction thereof. Unpaid or underpaid letters will be dispatched but double the deficient postage is collectible upon delivery.
MENTIONED IN THIS ARTICLE
Postal Administration of
Great Britaan
United States
United Kingdom
Ireland
New Superintendent Thompson Resigns from Gogebic Mines
James R. Thompson resigns as manager of Schlesinger interests on the Gogebic range including Newport Anvil and Bonnie mines to take effect January 1. He will pursue private interests and live in Ironwood. Luther C. Brewer is expected to succeed him as superintendent.
MENTIONED IN THIS ARTICLE
James R. Thompson
Schlesinger
Gogebic
Newport
Anvil
Also Mentioned on This Page
The
First National Bank
Ssemer, Michig
William S. Prince
Geo
L. Loope
Walter F. Truettner
A. Olin Youre
Michigan
Bo Johnston
Gogebic County
Louis" S" Truettner
Illiam
Prince, Preet
Bessemer Lumber Company
Edwin Baylies
Dealers Inn
Heath & Milligan
United States Health Bulletin
Bessemer Brewing Co
Bessemer
Mesaba Bessemer
Mesaba
DeWitt
England
H. Truettner
Bessemer Cement Works
Peter Bob
Northwestern Hotel
Lead Street
Bessemer, Mich
John J. Frick
WM. Waters & CO
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