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Show Iron and SteoL VEW YORK. May 11 -The government's requirements re-quirements tor steel have surpassed all expectations. expecta-tions. Steel promised to the allisE now aggregalps 1.250.000 tons. Rails required for American railroad rail-road uso In Franca represent, a Lonnage of 100 X of which 74,000 tons will bo supplied from e'to-.-t stored here on aeronnt of Russia. An Immense ordnance plant wil! be bu'lt and equipped by the United States Steel corporation for the givernment, to manufacture heavy guns and projeetllfe. The corporation will operate it when complete. Pip Iron production during April Is estimated at. more than 3.270.000 ton, as acain&t 3.C10 000 In March. Buf the supply still inadequate and will soon come under eloKr government regulation. regula-tion. Some reiMnt sales of copper are reported but no activity b expected until tbo price after' May 31 Is determined. Lead in fair demand and firmer, with slight advances during the week. Spelter is also in better demand and firm in New York at To to 7c. Tin eased off toward the close of tJi T on rolling Offer from the far cas;. presomablv with the intantlou to realize profits. Chlncbo "is (he only product available. The price ranges between ?0c and L10 per pound as to position. |