Show I STEEL PRicES PRICES PRICE GUT IN HALF F BY NEW SCALE 1 PRESIDENT APPROVES QUOTATIONS QUOTATIONS QUOTA QUOTA- IN PRODUCERS' PRODUCERS AGREEMENT AGREEMENT AGREEMENT AGREE- AGREE MENT WITH BOARD Allies and Public to Share In Benefit Mills to Be Operated at Full Capacity CapacIty Capacity Capac Capac- ity and No Reduction Matte Made Mi-fc Mi in Wages Washington Steel Steel prices in the United States were cut in half halt on September Sep Sep- 24 when President Wilson approved approved ap ap- ap proved a scale of quotations fixed In Ina Inn a n voluntary agreement made by producers producers producers pro pro- with the war Industries board The general public as well wen as the the- American and allied governments will share In the time reductions which go Into immediate effect and the agreement provides that producers shall not reduce reduce re re- re duce wages The prices will obtain until January January Janu Janu- ary 1 1918 to be revised then if investigation Investigation Investigation In In- shows they are able I IThe The entire output of American steel plants will be distributed under supervision supervision super super- vision of the war board which exercising exercising exercising exer exer- the powers of priority of ot transportation transportation trans trans- given the government by congress will apportion It IB is a way best to meet the time country's war r re re- re New Prices Fixed The Time new prices and the reductions they represent in present quotations f Pig Iron tron 33 gross ton recent price 58 gross ton a reduction of per cent Steel bar Pittsburg and Chicago basas hasas price agreed upon per hundredweight recent price hun- hun hundredweight a reduction of per percent percent cent Steel shapes basis Chica Chicago o and Pittsburg price agreed upon 3 hundredweight hundredweight hun bun recent price hundredweight hundredweight hundredweight hun hun- a reduction of 50 GO per cent Steel plates basis Chicago o and Pittsburg price agreed upon hundredweight recent price 11 hundredweIght hundredweight hundredweight hun hun- a reduction of et f per Cen cent t. t Iron ore ore basis basis lower lake ports 50 gross ton No change Coke Connellsville SG 6 G net ton recent recent recent re re- re- re cent price 15 a ton a red reduction tion o ot of per cent Jl 1 |