Salt Lake Telegram | 1916-02-29 | Page 9 | Mills Clean up $80,000,000 in Two Months

HL MILLS CLEAN P p IN INI I TWO MONTHS p rd ers Since January 1 l' l Total Two Hundred and Forty Millions N TEw W YORK Feb 29 Orders 29 Orders ag- ag rg tons valued at have been placed In the tt teel r market since January 1 and the rest rest of the boom has not yet been cached ed according to statements made er ere today by leaders in the industry T ghe e orders d in the last two t hs indicate profits t to the mills of ot S O OOOO half of which Is expected flow into the e coffers of the United tates Steel corporation Even this m tide tid of prosperity It is defy dei de- de fy i lared d er d will be surpassed before the i S of the year It is pointed out that rices rices have advanced 5 55 and 10 since ew Years Year's ew Years Year's day and further advances re looked for in the near future which the record of 1899 1599 and 1900 1100 Reports n ports from different parts of the reveal strong effort to Improve n nd extend existing plants w with th the that the productive capacity tithe United States will have been in- in by 1917 at the rate of four mil mil- onit tons annually Apart from the effects of the European war the has been given a tremendous by the orders placed for tor equip equip- lent tent by the water lUon companies which are almost equiP I vamped Damped by an unprecedented volume traffic LItUs estimated that since January 1 on tracts for tor railroad equipment and andor or steamships or steamships calling for tor tons t f steel teel at a cost of for have hav been let The orders poked by the car shops alone are slued at and locomotive have accepted contracts in- in a total of ot