Cost of Making Pig Iron at Troy, N.Y. [Volume: 8, Issue: 2, 1888, pp. 122-123]

No. 2.]

CHARCOAL IRON WORKERS.

123

The books of the Burden Iron Company showed that in April,
1886, the quantity of Hudson River ore (roasted carbonate) used
in the mixture at the Burden works was 25 per cent. After that
it was increased, until in January, 1887, it was 50 per cent. and it
had remained at 50 per cent. ever since, down to September, 1888.
The quantity of this ore received in 1885 by the Burden Iron
Company was 56,080 tons, in 1886 it was 10,475 tons and in 1887
it was 11,661 tons. The cost in 1885 was $3.117 per ton, and in
1886 it was $3.13i94. These figures show the cost of the ore laid
down at the works to have been about 7j cents and 7- cents per
unit of iron in 1885 and 1886 respectively. The average of pure
metallic iron in the ore, as shown by the company's analysis book,
was 45.54 per cent. in 1884, 43.26 per cent. in 1885 and 43.98 per
cent. in 1886. The average cost of pig-iron made by the Burden
Iron Company in 1883 was $21.43. The output was 15,798j
tons. In 1884 the cost of pig-iron made by the company was
$18.33 per ton, and the output was 23,583- tons; in 1885 the cost
was $17.38 a ton, and the output.was 13,578 tons; in 1886 the
cost was $18.96- a ton, and the output was 15,197 tons; in 1887
the cost was $19.17- a ton, and the output was 9,132 tons. January 1, 1885, there were 5,496 tons of pig-iron on hand, according
to the inventory, and it was rated at $17.50 a ton. January 1,
1886, there were 8,571 tons on hand, inventoried at $16 a ton.
January 1, 1887, the inventory showed 7,064 tons on hand, and
the value was fixed at $16.50 a ton, and January 1, 1888, there
were 6,668 tons inventoried at $17 a ton. The cost of making
iron at the Burden works last year was stated as follows: January,
$18.20; February, $19; March, $18.94; April, $17.53; May,
$20.61; June, $24.01; July, $23.36; August, $19.12; September,
$17.09. Other figures were given showing the cost of pig-iron
made with ores other than that of the Hudson River Company,
with the intent to establish the allegation that as good a grade of
ore could be laid down at the Burden works at a less figure than
was paid the Hudson River Company.
AT a meeting of the Board of Managers of the United States
Association of Charcoal Iron Workers the following gentlemen
were named as the Executive Committee: Jos. D. Potts, J. C.
Fuller, Geo. G. Lobdell.