Show STEEL PRODUCTION CONTINUES TO EBB I NEW YORK June 12 UP Due tP-Due Due to seasonal contraction in orders steel production has declined to an av- av rage of 39 2 1 per cent of ot capacity rom 2 41 2 1 per cent last week Iron Age gc reported today The price of ot furnace coke colee was lowered 35 cents a ton and steel scrap crap has hM a weaker tone Sleet The review asserted that vague rumors are afloat regarding price but to date the only regularities uncovered concern in- in details as to extras regard- regard regarding ing ng which there were diverse interpretations interrelations inter inter- relations even under the cede code With Vilh business entering the customarily cus- cus dull season of the year car few Cow tonnages arc before the therado therado rado trade or in early carly prospect Steel buying for Cor current models af or f automobiles with the possible exception of Chevrolet is over oyer Litle Litle Little Lit- Lit tle le new tonna tonnage e is likely to be placed until mid August when preparatory work york on new models will get under way vay |