Salt Lake Telegram | 1923-05-27 | Page 21 | Steel Values Slow Down

STEEL VALUES Metals Continue Generally Generally Gener Gener- ally Easier NEW TORK May 26 Tho Tho steel market has given further evidences of Blowing down In itt some directions with a feeling of caution quite general Values Vales are arc well is active maintained but mills are and rapidly rapIdly rap rap- production pro pro- Idly catching up with their orders orders- buyers are no longer willing to Pr premiums for pay prompt delivery The situation ever is said eaid to be health healthy however how how- and requirements are believed be large Pig iron has continued quiet to and andus as production is large prices are slightly easier and In some somes casee lower Copper s easier with Only trade Exporters have shown little a small or no interest and there I no Indies Indies- tion that the lower prices s quoted for both rolled and recently products to Piave stimulated drawn domestic demand The tone ha also favorably affected by the contraction of building operations and the lees lees- ened demand for railroad It is believed equipment that supplies in second hands are small but there has has' been some price shading on small email lots and some of the producers have a also so shown a disposition to consider lower er figures urs s Ti Tin showed o little net change for th the week Dealers appear to have picked up all the cheap offerings but interests are indisposed 1 0 con un contract ahead to steady with consumers i ng prompt metal but seek i Interest In futures little Zinc has weakened again under in increased in- in creased offerings and tho abl a Demand i continues weakness slow ess Antimony also developed furth further weakness because of lack of demand