Salt Lake Telegram | 1922-01-01 | Page 33 | Steel Market Lacks Demand

rEEl TEEL MARKET MARKEl II lACKS DEMAND NEW EW AV YORK TORK Dec 31 The The steel mart mar- mar t Is experiencing an absence of demand Ii 11 rather more pronounced than ual sual The market i ii not depressed how- how ver r and dt the whole trade d la In J very tI eo roo 0 o f v the outlook for an 1 increased as bus bus- tx early in the new year and is shaping self elf accordingly Producers are taking vantage of ot the opportunity to make make mako e eded ded repairs crl 1st ig Iron 11 ii also dull but prices remain ut steady and the trade de believes that outlook Is favorable for an increased mand Jn n the copper market condl- condl OTIS oni have havo prevailed this week It Is ren re- re n that at foreign trade buyers have aced 1 a few orders but generally speaking port business has been light while buy- buy II 8 for domestic consumption have shown e ezy little interest The improved statis- statis cal cat position of the market however la is ru iii reflected in the general ruling of ot rices Sonic Some of ot the smaller producers for I tom are said to have moderate I mounts of electrolytic for sale eale at about 3 34 for fen January shipment but as all a rule II i not sell cell further ahead and the larg- larg r are maintaining the cent 14 tel el 1 Win in shows a small Email net gain aln for the week Uh prompt straits in fair tall demand but ade rade is 19 otherwise quiet Lead act has hlll I been quiet but firm and some ar are P reported well sold up tora for tor a uary delivery ry Zinc Inc quiet but steady The recent re- re Ution in the basic price urice of sheet zinc commented on In the trade a i I. I due to enlarged output Some ors ora or- or s a from steel mills have been reported shows show ro no feature but holds