Salt Lake Telegram | 1921-09-04 | Page 37 | Steel Market is Unsettled

STEEL MAR MARKET MARKETIS KET IS 15 UNSETTlED U NEW EW Y YORK RK Sept 3 The The steel mar market market mar map ket Is unsettled and weak enk Although the volume of oC business Improved slightly the demand was sporadic sp and there was a 2 a continuation of oC the tharp competition which has hal recently exerted a a. disturbing Influence on values Stocks hi second hands are aro believed t to have been materially material material- ly ly- reduced Pig Tig Iron demand remains of or fairly JIb JIb- eral proportions and as stocks atc are small and production moderate mode the tho market marlet Is comparatively firm Business however howe is not expanding as much as anticipated and bu buyers remain cautious A better demand h has s been reported for or copper and the market has baR been firmer The Improvement reported In london has nas been partly attributed to a reviving in demand domand de do- mand from India and has been accompanied b a renewal of export Inquiries I here It Is reported talca have been made through the export association for shipment shipment ship ship- I ment meat to England Franco France and Germany German chiefly the latter and some bone business has also aso been reported for fort the Far East Meanwhile buyers buers for domestic consumption consumption I tion have hwe shown a little moro more Interest The small email lots recently available around ll 11 i I for or spot and prompt shipment appear to have hae been absorbed and some of the larger Jarger producers h have hite ve reported sales on the 12 cent basis Lead has continued in good demand from Crom consumers consumer Interested with the price firm and higher Tin continues quiet and about a cent higher in response to the advance ance in London Lon don and sterling Zinc has been steadier A better de demand demand domand do- do mand is noted from consumers especial especially I ly from ers and while tho the latter latte appear to have t fair tir lr stocks producers are ale offering sparingly Antimony was firm on spot but lower In China and recent arrivals are aro well I cleaned up