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Show STEEL ORDERS ENORMOUS Big Concerns Committed for Capacity for Long Period. NEW YORK. Dec. 0 The Iron Age 1 will 6ay tomorrow: "The report that j the United StateB Steel corporation has n Its books orders aggregating over j 7.300.000 tons Is true. No one fact could j better serve to show the conditions of I the steel works and rolling mills of the j country, since It Is well known that the other large companies are similarly rommltted for their full capacity for a I long period to come. Welcome One Cancellation. "Rumors of cancellations resolve themselves Into the solitary probability i that the material for the railroad enterprise enter-prise of John R Walsh of Chicago will not be required, but this will leave rather a welcome gap in the rolling programme of the mills affected. Prevent Undue Rise. "The policy of the United States Steel corporation In handling Its pig Iron purchases will be guided by a determination determin-ation to prevent any undue rise In prices. Whatever metal Is available will be taken, but if there Is a shortage to cover requirements, the latter will be scaled down. The steel corporation Is making about 900,000 tons per month and needs from 30,000 tons to 40,000 tons I of outside Iron per month, running at the present rate " |