PORTED sTo r,tr ifS,r@vr ~ sr..r. snos aNp STEEL u


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Total TONS 26l,0H S63,837526 $50


This table shows that notwithstanding the immense in
crease in the consumption of iron in this country there
has not been any very great increase in the Importation
and that the supplies from our own manufactures have
nearly kept pace with the increased demand for con-
sumption.


The most extensive iron works in this country are
those OF the Mount Savage Company of Maryland. Its
present capital 100000 with power to it
10 ts stock is owned principally in Europe
These are the only works in the United where rail-
road IRON is Manufactured to any extent and tits cacu.
lated that 70 900 tons be made in a year. Some of
the Easter railroads now building, supplied with
ras oy this company The mines Of the Mount Savage
Company and in fact all the iron mines of Mary land are
situated in the Cumberland coal region which, for the
manufacture of ron is said to be superior any other


The iron manufacturers Of Great Britain already feel
alarmed at the rapid increase in this business in this
country At recent meeting of the leading firms in the
South Stafford iron trade it stated that they viewed
America as dangerous competitor, and likely take
advantage Of the dminuton in the foreign trade created
by the absorption of iron by the railways of Great Br
tain and to supdy markets now completely dependent
upon them-the manufacturers of Great Brain-for the
ired for