Jack heads to town and sells his axe, giving him 700 gold which he uses to buy 
X10 steel ingots
X10leather(for armor/weapon handles)
X1 room slot
X10 iron ingots

(Time skiiiiip)

Jack heads inside and adds a smiths furnace to his room,he than proceeds to make several weapons, during the process his hammer hitting the metal was loud enough to break glass IRL.

Steel halberd
Iron katana
Iron armor
Steel mace
Steel glaive

After making the weapons he went outside to see if Jason wanted a pick of the arms
"Hey Jason"Jack holds the weapons out I front of him"before I run back to sell some more stuff, is there a weapon you might wanna keep?