OCR Text |
Show BBBBBBBBBMeBaa AT IMPORTANT METAL INDUSTRY One metal ladtfstrr was snfaror-abljr snfaror-abljr atfeeted bjrutha- Karopeaa' war and has. hot. ret receTered-S-eelter or itae. pro4uttoa; ' "V "' ' ' The war1 cotaltlonrf took the satire sa-tire -ateel output! frr other purposes and galvanlxlng Iron, steel and wife dropped off for that reason. ' The galvanizing demand 'took 60 per cent of tha total output and that' was cut orer night, as was the principle prin-ciple foreign' demand. Renewal of demands since the signing of. tho armistice has glren an upward Impulse to prices, with a brisk growing demand from Europe. Smelters In Germany and Belgium will have to bo rebuilt and cannot consume; ore supplies from Australia and South Amorlca for eomo time. American zinc industries have kept their plants running in many cases at a loss ad cannot produce writer at leas tha 10 cents a pound at present scale of wages. I .At ,10. cents a pound ,as basic prlee there, ta a reaaoaabla profit at, pre! entjeoat of labor and materials, hat f lower basa would ' meaa . lower |