The age-herald., 1901-10-15
zhe Stee/ Earnings AnaIged, ~
 Reasons Io, Lucvease During StrzIse

until late in the month of July. Only a few union mills were closed before that and from them shipments were being made Of material that had been finished before July 1. The great ''proft-stopper'' was the strike in the tin-piat mills; but as it takes over two weeks for the tin housemen to finish what the Amalga- mated men make in the hot mills. even that did not become apparent until Au- gust. A more important feature and one that has been entirely overlooked. came in at that time-August--to prevent a bad showing. This was the absorption of the Shelby Steel Tube Company. This concern was absorbed during that month and it's great earnings are at once shown in the revenues of the Steel Corporation making a favorable showing in the totals .com- pared to other months even when the mills of the American Tin-Plate Com pany American Sheet Steel Company and the American Steel Hoop Company were operating in full, and the Shelby mill was outside The Shelby controls eight seamless tube plants new and in good condition in western Pennsylvania, Ohio and Indiana. It makes high-class material by patented process, and it's net earnings are enormous. Another pertinent reason for the showing is that while the constituent companies of the United States Steel Corporation made no changes in prices of the products affected by the strike, some changes had been made be- fore. Among these were advances in steel plates and various forms of puddled iron. These advances were so pronounced that the members of the Amalgamated Asso- citation employed in the mills of the Re- public Iron and Steel Company were given 10 per cent advance under their sliding scale which Is adjusted bi-month- ly Prices on steel bars were advanced in September. Additional contracts for ar- nor plate were taken early in the spring. and the consolidation of operating de- partments of various companies in steel. ore, and coke had given a saving which formerly went into salaries. When the advances were made there were of course contracts at old prices on the books of the steel companies. By July these had been largely worked off and the higher priced orders were being filled. thus adding a higher ratio of profit dur ing July, August and September in non- union mills, helping to overbalance the strike account On the present basis of steel consump- tion and rising standard of prices the earnings will show an increase. next quarter especially, as modern methods are being introduced In the tin-plate mills It is regarded as certain here how
 
 are at present more than ordinary. and that reaction with lessened demand, lower prices smaller operations, and low l earnings Is only question of months. tr~~~NSSsSs-~-<<>-<-<s-$<~>%<%~-%-~ epicure-the very choicest and most es- teemed of delicacies.
 Hence the idea which is now be,na developed on commercial scaless The srasshoppers, after being killed by the hopperdozer, are left in winrows in the nelds, where they are soon dried. When they have been exposed to the sun for a. sufficient time to reduce them to a prop- eriy desiccated condition they are gather {, ed up with ralzes. shoveled into carts, and conveyed to shed, where they are put into press somewhat resembling an or- dinary. cheese press, and converted into solid bricks
 The bricks are shipped in quantities to 1 poultry raisers, who find this new kind | Of hen-provender most satisfactory. and l they are anxious to get more of 1t. Ap- parently, 1t is a great encourager of egg 1 production. .-atstu It Is not necessary to grind the bricks before feeding the stuff to the chickens, but merely to break them into pieces and soften with water.