Deseret Evening News | 1901-07-11 | Page 5 | Steel Rail Pool

STI I II POOL POOh It Upon JS R n II Ton fur for thin Ihu Coming Year Sew New York July 11 The Herald says 8 S 1 1 I rail r manufacturers forming what Is 15 h n to the trod trade as tho the steel rail V lt 1 I I he Le h I formally agreed upon a 0 at aI t I D n I as the price which will be naked asked for fort or t Ih i year This price Is n 12 a 11 ton tonn b n T r than that agreed upon nt at the tf I f I rail pool meeting lat last In t fall tail when hen hent tj t v i 1 id cI 1 price was Since Ha hla la 1 j however a 0 new schedule went Ir j J eff it and prices 1 were advanced fr f n IO G a n ton to 28 a 11 ton The new nel rr Ir i i s st for next year for standard s i raIls ralli IB is therefore the same as nil Jh Ihl th v hi h has hns prevailed for the last tv tt r H It is 19 understood that negotiations 11 brn carried on for several days lIaR Ii It a manner by h Gary Gar n of the United States Steel f C rp r and President Schwab of th n company with Pennsylvania Penn r Tir Ur ad and the result Is i that lf n t r v 1 I prIce rlee o of oC r 28 n a ton Is made M ii h importance Is attached to the thea fart I tg a lt the price 28 S a ton will bo be bowd h wd for next years earlI business J I H u n the best liest evidence el ence that t lis hig steel trust tru t considers that the I W ti a condition In the steel and I 1 lu will continue continuo for lor or at least n I r Pr rs 1 it of steel billets which have hare l I l n I abroad In tho the last J IT 1 I will 1111 lU be maintained now that the ho J Fl r ra I tool noah has hns announced Its lis de do t i atlIn to sell rails mils next year ft at the tho mn figures which now no prevail