Salt Lake Herald-Republican | 1912-11-21 | Page 3 | Prices of Steel Products Put Up

PRICES OF STEEl PRODUCTS PUT UP Advance Since tats Organization of o f Trust rust Shown by hY Government Govern Govern- meat ment in ItS Suit Suit- Washington Nov Noy 20 The ZO-The The fact tact that price tables use used as ns the basis for the bureau of ot corporation reports and now no offered in evidence at the examiners examiner's hearings in the governments Io suit for forthe tho the dissolution of or the United States Steel SteAl corporation were compiled from a trade Journal was made the gist of ot cross examination cross today of ot Dr Francis Walker alker deputy commissioner of or corpo corpo- rations before Examiner Henry P. P Brown Drown In response to questions by R R. V Y Lindabury of ot counsel for tor the tho steel corporation corporation corporation cor cor- Dr Walker testified that it would have been a stupendous task to have coll collated ted the tho prices from figures sent to tho bureau bv by manufacturers because use of ot variation in the specifications a- a of products sold He lie said ald that where his tables showed prices wore ore constant and therefore in his Judgment judgment Judg judg- ment meat a lack of or competition among amonI manufacturers existed the tho real prices I were not absolutely constant Under cross examination cross the witness witness witness wit wit- ness testified that the price of ot southern southern southern south south- ern foundry iron was higher before tho the Tennessee Iron company compan was taken over LJ by the steel corporation than it had been since Earl Early in the day J. J M M. Dickenson of or i counsel for tor the tho government gO succeeded In getting into tho the record testimony objected to yesterday to the that prices of or steel products before date of or orthe the organization of ot the steel corporation corporation corporation corpora corpora- tion were lower JOwer than thc they had been from that time time- down to the present da day