OCR Text |
Show Steel Companies Incur Net Losses Stnel companies incurred an overage net loss of $1.75 on every ton of products shipped to consumers con-sumers during the first half of this year, the American Iron and Steel Institute has computed from i reports furnished by companies producing over 90 per cent of total output during the period. Deficits aggregating nearly $18,400,000 were piled up by the companies during the six-month 1 period, a deficit approximately 50 1 per cent greater than total losses for the whole vcar 1934, the most recent year of unprofitable operations. |