Show OV ANGE IN j FIRST RE RESULT Ul NEW RAT II I Supply of Steel Is h I De Ue I dared to Be Still Sti F Far Short of Demand 1 The supply of sl Steel el still I short hort ot of meeting tl bUs has emphasized n 13 further or Of the tho th i fro y r going on In modUles Railroads oter steadily and making ae b 4 lot of f further up n needs an and steel i iW interest ha the 1 4 I ha tho ben question of cv Queston railroad 1 fOr 1921 seeing that products on ne orders little or plied this could ba pled Year aay YS J the lion A first effect ot of the te Ion Are and W or Of prOmo of g te m rt A buying has Iron At the been same me a sharp har time dT t tive a. a element 1 among Iron I rho slump hl higher In he the tho prices h has gone farther automobile II I makers are aro either 1 Fo FO ing ins or output eite bet all al others othera an and tho output make n 1 maler of as well have cut down pa from io 10 to 7 per dow cent c lc cancellations Compani have h e but felt Cel the Hi the te sane re t reduced Sure from Detroit to conce ss p Detroi II co corned cd by others l e Agricultural implement na It r taking advantage n C cC U slackening In L been n pressing automobile et tee b anI only for deliveries mills for lor material u 1 but placing 1 against orders not ore Ol given Iven out until late October This Is hi t Huro ure deliveries evidently to t lj I for full planned for all al such ful works work but The Tho more mare railroad through situation better WOrb U h I ethan e- e than In larger supply of ef cars tt i cC Chicago with cr wih rc resumption of or en shipments from Illinois aM h aria ana ana mines four more morl blast an fn C b aro are active act e so 8 that cl eighteen are r ra ning out of or twenty Mines Mine's alons of leading producer rez W tel ut are being 70 0 ae per cent of et Other steel plants In the ditt t on a n 55 53 to 60 0 per vcr cent h b hish L Pita burg burA and Youngstown are ae itin Pl Us iii I storm cente centers and Shipments shipment shipment I have made little Impression u m hav accumulations of finished st sl C L f That tho the Steel J q filled fied orders were Ice tC J 31 31 the la largest est since July Jul 1 HI 1117 ste te war tonnage was as at Its It t n a pt fleets lect more moro the blok blockades E of r past five weeks than a t W of or fresh demand 1 Steel ingot production in Jt Job Job- n n. nearly tons a a div cy lea Iw t tin thir in June whereas wheres the tho oIl ol it i pI pig iron was wa only out about abut 2300 t toes toa a day Estimated total of 1 lr j h hi b month was vas w 3 tons toes I In June Junc July a rt I sent a yearly early rate late rte of about M U 0 tons whereas In tho the tint half h t 1920 1920 tho the total was wa I. I OO 0 or t U- U 1 a n year yea |