Salt Lake Telegram | 1933-12-15 | Page 22 | Improvement in Steel Business is Predicted

IMPROVEMENT IN STEEL BUSINESS IS PREDICTED WASHINGTON Dec 15 R dictions of better beter days for the basic baic steel stel industry were brought to the tle American Mining congress at its it sixth twenty annual convention to toby toda today by Donald B. B Gillies president of or the Corrigan McKinney Steel company of Cleveland Gillies Giles also a director of the te American Aeri Amen Ameri can cn Iron and ad Steel institute asserted arted that despite depie greatly grety reduced opera opens tons the industry is i giving employ employ- opra ment ent under its it N R A code ode to more than han almo as a many as a in 1929 Evidence Is i accumulating that steel stel mill mi operations have passed pe their lowest low low- est point in the depression and that gradual improvement is probable over the coming months month he said d