Salt Lake Telegram | 1932-09-14 | Page 15 | Forecasts Small Gains for Steel

Forecasts Forecast Small I Gains for Steel NEW YORK Sept W 14 14 WP P F An JAn An Im Im- improvement provement of one point in Jn the steel ingot ngot production ratio bringing it to 15 2 1 per cent of total capacity was reported today by the Iron Age The principal gains Jains were in Youngstown Youngs Youngs- town own Pittsburgh and Chic Chicago go districts districts dis dis- dis although these advances advance were partly party offset by losses lose at Cleveland and Buffalo The outlook for the remainder of the month is favorable for continued sm small l gains said the review with the he possibility gains of greater acceleration in n October when orders from the au au- companies for fourth quarter ter cr production of new models and from Tom the railroads for an extensive program of car and locomotive repair work will wi undoubtedly be ben a more important im factor in mill mi rollings