Rensselaer Semi-Weekly Republican, Volume 34, Number 22, Rensselaer, Jasper County, 15 November 1901 — CAR FAMINE STILL SERIOUS. [ARTICLE]

CAR FAMINE STILL SERIOUS.

Steel Furnacea C’osel Owing to Inability to Secure Fuel. According to It. C. Dun & Co.’s Weekly Review of Trade, little relief has been afforded the leading manufacturing industry in the matter of transporting facilities. In fact, the situation on the whole is less satisfactory since inability to secure coke has brought about the banking of twenty furnaces. This in turn tends to burden the market for pig iron, though no actual alteration iu prices haa occurred, except at Philadelphia, where 25 cents more a ton is readily paid. As this industry is considered the best business barometer, present conditions and future prospects are certainly most encouraging, for orders are abundant and plants enlarging capacity in order to handle the growing business. Material is purchased now for much structural work ia the “oriug, and additional contracts are seeki.i t -acceptance.