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tlN-WORKING IN AMERICA.

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tlN-WORKING IN AMERICA. -0 ^FECT OF THE INCREASED PRICE OF STEEL. T419 AMERICAN MANUFAC- TURE DOOMED. QI1dr: Daniel Stern, the editor of the in- Htia-1 "American Artisan, rightly tliink- (J.that Wales is keenly interested in the in which the tiu-plate industry of tljfier*ca now finds itself, in consequence of {. advance in the price of steel, has i'¡¡."OUred Mr. Lascehes Carr with ad- i\i h" Proofs an article timed to appear ktfo nmllher of the "Artisan." In a r W'i'c^1 accompanies the proof-sheets Mr. ijj «ays, "There is considerable com- here now that, on account of the iVi|,ari(led price of steel, tin-plate making t I not be profitable. Of course, you know W' 'lu^° a ^ew American manufacturers a contract for steel which will carry through the season, but those who have W' Contracts cannot profitably continue the unless your makers make an ad- fr,c- The article in the "Artisan" is as ^VUl+>and tenie plates, as people who r, 'hose goods are weil aware, have «Xt= T^uated in price to any appreciable Tin-plate, a-s everybody knows, is thin steel coated with tia, and the per at pure tin costs some 18 cents (9d.) jj, ^°Un<i argues the existence of considerably pj. j6 -el than tin in the make-up of these up" l5* Well, steel billets have gone up, up, In fa<jfc, they have advanced lOdols. 9.risp. Per ton- It is palpable that such as this is the price of the tin-plate manu- the rers' raw material in an industry where t0l_ jlar^u °'" Pr°fit is not ovennuchly large, j)^ to the fact that tin-plate prices have resa,<| .arice<l to cori^espond, must necessarily *Q rendering tin-plate making in this <-QriaJ?- .ternpor;iiily unprofitable. Welsh ^<iv«'1^'0n stands in the way of any great tin-plate prices. Steel billets utty advanced 35 per cent. ap- t},e n'atcly. A corresponding advance in Calia |'D £ pri^" °f tin-plates Mould bring ni* 1C 10x14 up near 7doIs. 50 cents (8S per box, or an advance of 2dols. tv" Per box. This is. of course, out of interview with Mr. Charles Bray, manager of the Beaver Tin-plate Com- ^<te | "'K>n' Ohio, appeared in the "Ohio is f. Journal" of September 6, in which lie ii> £ ^Jted t-o have said —"All tiie tin-mills k'itefC Ccmiltry will ha.ve to close if steel >, are maintained at present prices." J. Ci^, ritton, of the Britton Rolling Mills, CT.IICp an< Ohio, was interviewed, as follows Ttik,the situation in the "Chicago th« 7th inst. :—"There is in the 0o?>m'llood of 10,000,OOOdols. (i.e., over Pifiseu invested in the 137 mills at 2?ooo °Pei'ating in this countrv, and from W^to 30,000 men are employed. In four fcs from now not one of the mills will 'n^' kast spring tin-plate bar wa.s jj,a- ISdols. 50 cents (74s. Id.) per ton. Priee were able to make a little bo-^jV To-day tin-plate bar cannot be leas than 28do's. (112s.) per ton. -*s heing offered for sale, however, as of ft n° market for it." H. P. M'Intosh, descent Tin-plate Company, Cleveland, & £ jj 1 -"a.rd to a newspaper reporter on the i that the price of tin-piate would but th raised in order to make any profit, Itj fc e great trouble is that this would let tl- mannfacturers. C. H. Wilcox, of '^•liet^l?* Western Tin-plate Company, W ^-ted in an interview of the 8th '"Wet "The situation is easily under- l8cl0i' -te- bars have gone up from c c^nts (17s. Id.) a ton to ftf; eents (114 Id.), which means tlie ^'rfciQii of 70 cents (2s. lid.) a box to manufaoturing tin. American fn un'^l £ r the M'Kinley tariff sold at (l6;. 2d.). Now, it is 3dols. 90c. 3 in It cannot go J'er' '>sc'a:l!^e ^e have reached the line foreogn tin can come in. With Ull 63 per cent., with L no great amount marked even at that, with the pros- }** going higher, and, on tiie other any clian.ce of the price of the rising because the foreign maker i'laie to meet it., how are the tdn- to ooBtinne to run? There are of miSlB vrtere coctraots made for ^ra/Lf riinil and steel at lower prices have 7 weeks to ran, and when tlve contrasts tjL filled tlisw will be nothing to do but onHess a radical change in the situa- ^.•flocsum. The tin-ptete industry of this xi'ow depends for its existence on leading tiin-jilaifce mainrfactnrer writes us ■tp, ^I'lo^vs, under cover of the 9th inst. £ n3'' pecrson acaeainted with nranufao Itqd w-itI Icnow that tin-plate manufacturer jjjg.i 1° fiuc^ profit as has already been €fiti- -by the adra&ce of steel billete since the present year. We have a Vill": billets bought at former prices that i'nr 1IS t/o nm unt-il the same is worked ijj j.. If ^ftie prices of tin-plate do not advance to ,r'e th.?n we ".vo;i!d not be able 011 the -open market and pa-y the price hillefcg and work into finished tin- •Ijj s au-d sej] a,t the present prices of plates. opinion, the tin-plate plants will have drawn if the price of steel still w'^ere it is cr advances to a higher 1;n^ess the prices of foreign plates are Met .h will permit of an advance of ^i! Tw*n °°utMry- Wliat the future .^btiag foa-fch we can only wait and' see. United States Iron and Tin-plate g^r^aicifcuiiijjCT Company, Demmler, Pa., "if 6 118 in a favour of the 9th inst. t/hat, amJ^051 have stated them correctly we heartily IWif Mr. Bray's idieas." The Biittoii <1 Mill Company, Cleveland, Oliio, in 'WiÏ!b1"'o.ur mf t.h.e 9th inst. state —"We agree tJig Bmv. as you probably noted in C:a'S0 Tribune' of Sunday, vAidi has to.n., iI.cooun.t of an interview with our Mr. Brit- Will Lave to close our tin mills or thsan to steel mi lie as soon as our pre- ooBitraict for steel runs out, which will be jV^t Deoember 1." The Ellwood Tin- Oompany, Ellwood City, state in a of -tiie 9L.1i inut. :—"We have to what ifr. Bray has said on this In fact, we are looking forward time, a few weeks hence, when we shall coznpfijled t-o shut down our milk for the reasons •H'hic'h he liiis given you." The Q^'acm Tin-plate «nd Steel Com.pany, Nike, state in a favour of the 9th inst. — e fer tin mails will be compelled to s?hut the first of the year if steel advances ^e' ^°'w€ver> have not deter- dpfiistttly what course we will pursue. J>;l Bros. llompany. Pitteburgli, "*lii ^te in a favour of the 10th inst.: — bja ? '^diiction of the tariff on tin-plate and S:^ which took effect about a year t'lTn.l T85 n<it p-articularly injurious at that ?oa'use °f the important fact existing Vlz-, th very low fitjure at which the ?>!& £ ]6 rn,s oould procure billtts or tin- EVTFR In the last five months, IKIW- -semer pig iron has advanced in ]Per 70 Per cent, and tin-plate bars 60 tJ1' Cent. On the other hand, the price of Ho ,?tl tin-plaites h«s not advanced, except then, hi the oa.se of the cheapest of pmvL^, t" make the little exception that "Was ™te. The reduction of the tariff priceS^tgreat that an advance in the selling fortja Plates would brin# in a flood of the the £ ? g0*^9- Tiie influence that besides ffcent t^rner ^°,v crx,?t of raw material, which Pnce of finished plates reduced', ha.s iWf! oonipatition of Americans with c*Df?, thmugb t>he large investments of capital and numerous mills in this business that have gone into operation within the past twelve months. C. W. Bray, of the Beayer Tin-plate Works, Lisbon, Ohio, in a, favour of Septem- ber 9 states:—"The writer was surprised to note that he had been quoted in the news- papers, as he gave out no statement for publication to any newspaper representative. There is no doubt, however, of the fact that the statement is true." IS THE AMERICAX TRADE DOOMED OR XOT ? What are we to believe of what we hear respecting" the American tin-pilate trade? Following on the recent reports respecting the "doom" of the trade, comes the follow- ing, which we exiferpt from the "Iron and Steel Trades Journal :—At the recent meeting of the directors and stock- holders of the American Tin-plate Company, of Ellwood, Ind., it was decided to increase the. plant five more mills, making twenty- one mills in all. This means the employ- ment of 500 additional men, making nearly 2,000, and the increase of tin-plate to 20.000 boxes per week. The development of this great tin-plate establishment is one of the marvels of our recent industrial history in America."

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