The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-12-18
MILLS ARE NOW SOLICITING Or
DERS FOR NEXT YEAR WITH
NO APPARENT SHORTAGE.
Local Plants Not Affected By Cancel
lation Of Government Orders Ac-
corlltng to Statements.

That prices for steel even on ~"
now basis. are double what they were
n normal periods is evidenced ny the
stock reports. and for tins reason It is
Mu! expected 'ha, buyers will enter th'
market for large futurr tonnage deiir-
cry Tho next four weeks VIII. how
ever. determine whether or, not Ei"o!
consumers Will enter In" markrt as nnr-
"hn.:,r: on 4 basis Of Ncw priC"a whiCh
hrrnn," "fr"ctivc On January |.
St""l mills arc already soliciting huSi-
n"SS for delivery after III" first Of nN%t
yrar. but SO far there has been no nn-
parent rush on the par; Of consumers
t. make their purchases. II will be tho
i"!iry Of many consumers. 80 i is stat
d. 10 cover actual need. MS they Som
~ believe that prices arc too hlEh l."
warrant starting Of great construction
work.
Tina: there will ha no scarcity of st""!
is cvih"n; from thc report showing that
n" inGot production "f this 'cmnnlT%
alone has been increased n l"as; a,u"r.-
nnn tons sine" the war in f.ur"n" TART
ID willis th- inrr"asn in EurGpc mas
been rs larg" i: NOT larger. For ,nlS
reason !: is not hcl'Hv"i by financial
mon TINT 4 great outflow g Str"! from
III" country overseas is likely: 49,.
Financial exports dn not h"!ic"" mat
steel prices Will 20 back {" nr"-Wa
basis during 1919. as a )" H""'h"a III,
likely Ia hc rrca,ly rrdur"d during Tins
Nnriol. Tho rr.t ri production today
r1rcce from ST. in S@I per ION rhE"
than il was IN normal tines h':"r" 'hc
war. Increased fr' Gin rates. ,hcT"aSrI
wages and wcr inv"a md Shorter hour
'or n hor Will al hav" /" l." rr-aTThnccd
before thor" AN hC an? material re-
Iu"ti"n in steel.
In financial circles il - believed fh9'
~, only 7lan, that will hc mHt"riAlIF
,ffcc.nI Nv ranrrIlatinr ~ governments
orders viii ho tho T"'hlchcm St""' r" M
.,any nr South Rcthlnhrm. Pm. which IS
alleged 20 have orders aCSr"gar'nT Il
hall million dollars. ThcS" rn"'ra'
ravc hrwcvrr. n"' h""n cancelled 20
Ta,o ard arc Sti!l on IN" c"rnpah! ;
hrnke .
According 10 Il statement by nHrr!
s;irdl prndur!irn engineer 0f IN" t'"t',
'cho,,, cnmrany th"s" war orders WIZ
~: hr cancelled. In an ini"rEiHW VIZ
an Int riiiEcnrrr reporter last 'E'h'L'
IA" avrr-od that his information was :"
.ba officer that thr government rr0-
i.ram inrnfar rs tn" '!rthtCh"n '"H'-
;,4ry WIS concerned. would h" CARROT I"
rnrunlatirn THIS statement Is luE'n"r
.,n(irrr,' ~ Secretary Daniels state
men, tina, N, intended IN push lH''
,sp"rd qhrnI ~ n" naval extension !r, .
,.r,r, -" Tho Bethlehem COMPANY mas
contracts for = large number "l t"r-
n,dn boats Zach r"Sjn" from Nv" 10 Nv"
md \ half million dollars. ..
Those in prsi''nn :" know hti"er '"',
hero is n Wild" margin If profit III
s,rol products nj present prices. ~
,.,,r,in.- / : stool ihs year earns Il
h.if million dollars h"f"r" iaNrS !re
deducted. tho earnings per ton 81 So,
would hr more .han thirty doiIar@ Whilr
hcf,r, tn" war tn" average WIS nh' yen
f,IiarG nor ION. However, = !hrE" par
-. he nrrscnt earnings will Z" out IN
var taxes.