Show PRICE FIVE CENTS PREDICTS GREAT EAT TRADE IN STEEL Chairman of Board of Directors of U. U S. S Steel Company i Is Optimistic I BUSINESS REVIVAL CERTAIN t Condition of the Country is Too v T I I Prosperous to Create Apprehension I Non n 1011 York Sept 15 D t tio in o I fact act that both tho preferred rind and cc com n- n mon mom shares of oC if tho the United States Steel I corporation made md new low lou record C for r th the year yar P I today ex Judge cx Gr Gary Irman Ir- Ir man of or the board of directors of-directors of or that enn company expressed d hits bis hll view restrains regarding I th the outlook Mr 1 G Gary rr saidI said said- lr I have ha always alwa's hesitated to make nn t makl any public statement f of the time future futuro muro exso ex- ex so 80 far tar as Inference o- o of oC future hlll- hlll busi ness fleas ma may nia bo ho drawn from front statements of I present t en conditions Before Defore heaving fbi Europe In Jul July I expressed fhe 1 he Opinion I that the orders for Cor the time last half of the year could not be le equal to tl nf of ff I 1906 It looked then the as 1 I that I the falling failing off I In new business sR would be not nol less Jess than 20 O per cent The fig fig- tires ures sho show 2 25 l per cent and antI the tho d decline was caused largely Jurge b by the railroads dais Until the committee of or t rl a railway and steel ateer managers make tl h report port on what whal rate rato should be- be hc adopted as a standard to hOt best the time require n ments of ot heavy hel traffic anti ant modern lo ho- ho no orders for tor rails will bo hn wl placed That hat report will wi ho ma mn li In u time the tit near future To me mp the general eneal situation The country was wan In need of between anti and addi lonal capital and could not got get l It i. i rh rh t next b best t thIn thing happened a u slowing slowing- down If I time the favorable fa weather wt con con- S tintie for the next two or three w woolen we 6 will wi get Ket for our ct-ar crops That will wil keep the tho railroads I bUS busy busi and to keep klep ahead time m n I must order t now new earn cur and rails I L-k L ta Opportune un lR Doub hu have existed In th tin lh- lh nd m of the tho public ct nit aM to 10 the iho out nut nut nut- I loo look Vc Tint without Jn diet that lit li n nou i It-it It U tl I n 1 t tr r up gon good foffi iri 1 t I I'S ti til O conie S I I Jy by will trill Standard darel dividend shares will wilt not hot oni only be he taken out omit of time tho market but bUl a situation will h he created that will enable companies to raise und funds for 01 1 Improvements and and- extensions exten alone unA I by putting on out 8 securities tle We We are oh a always the Ule fu future futuro to- to ture turo tiro ln and amid known fur to tor fir aro ril discounted counted earlier cr from Je year Lr to y year P vir T In Tn in- in opinion the time forthcoming I election bins lins Ins he been n earlier than Ihan usual und it ha Sins hnot l. l been icen n t cJ In iii Inthe S the securities market S Ono One decidedly ly orn h Ip f feu itura lt urn of the stcl I and aoel iron fron trade IH Is that time the manufacturers manufacturer nl are In perfect accord d Steel p people as aR a a. rule luJe are ure nh ready to get ret el tO together and anel discuss discus now conditions n f as the they arise It has lisa has more than anything else t li t. t prevent a n re recurrence re- re I currence nce of or accounts that thai have lla I disastrous In the past I Just now I do clo no more than what I sail said two months mont n ago Tie rIme great s and Increasing wealth of or tile tHo country countr the Annual f accumulation of or values olus mid and tit time Increasing n nare ar are certain In the lie long nn run ruin to bring success S to the optimistic If IC In Iii the tho meantime he lie will deal dal within tho the limits limit of oC lila Ills resources keep keel hl his h head ll t teri act fairly and anti decently toward his competitors his and the public pub pub- pub pub- lic lie S S. I |