The New York herald., 1921-01-25
STEEL
INDUSTRY SHOWS
SIGNS OF BOOM
Mills Resume Operations as
Buying Improves Through
District.
Z.
FEWER MEN ARE IDLE
Youngstown Metal Work.
ing Region Also Affected
by New Orders.
RAILROADS IN MARKET
Automobile and Building Re-
quirements Open Many
Factories.
FEWER MEN ARE IDLE
RAILROADS IN MARKET

Special Despatch to THE New YORK HERALD.
PrTrsBuRG, Jan. pa better feeling
in the automobile industry, brighten
Ing up of the building industry, which
has been at standstlll for more than
two years with the country painfully
short of structures. and signs that the
railroads are going to come into the
market for some of their requirements.
in spite of the fact that they have not
yet been able to adjust their claims
with the Government and acquire ready
money, are among the principal rea-
sons assigned for better situation In
the steel industry reported from the
various large centres OF the Pittspurs
district to-day.
A number of steel mills and other
metal working industries in the Pitts
burg and Youngstown sections. large anu
small, have resumed operations since
the end of last week and the SITUATION
now has better appearance than since
the middle of December.
That boom is in the making and Will
come into full bloom some time in the
second quarter is the confident asseruon
Of leading men in the Industrial world
Intermittent operations with general
turn for the better is predicted. Fewer
men are idle to-day than week ago.
Indication Of Improvement in steel
buying in the Youngstown district was
noted to-day with the increase in rolling
schedules at the Mahoning Valley Steel
Mills. Ingot capacity of the valley will
be operated at SO per cent. this week. in
comparison to 40 per cent last week.
After a layoff of about two weeks the
Homestead Steel Axle Works resumed
almost In full to-day, giving employment
to several hundreds The Rankin plant
Of the McClintic Marshall Construction
plant Is again working In full after
being below normal for several weeks.
The Edgewater Steel Company at Oak
mont has orders for large quantities of
locomotive tires and is delayed from re-
suming in full only because OF a break
down in the tire ro ling mill.
The Mckinney Manufacturing Conn
pany, maker of locks. hinges. &c, is
booking orders at rapid rate. most or
ders coming from west of the Missis-
sippi
Announcement was made at Johns
town by the Cambria Steel Company
that ten open hearth furnaces. the 1874
irch plate mill, the slabbng mill. Nos
3 and structural mi IS. all In the
Franklin department the Is inch and
several other mills of the Gautier de-
partment. the rail mill of the Cambria
department and the wire mill. finishing
mill and wheel plant will be in operation
not later than February !.
The Pittsburg Steel plant resumed OPP
erations in part this morning after being
closed down entirely since December 10.
Three thousand men were put ut work.
Three open hearths and the nail. rod
and wire mills resumed.
The Republic Iron and Steel Com
pany's mills at Youngstown are now
operating so to 60 per cent. of normal.
The Standard Tank Car Company. at
Masury, near sharon. resumed to-day
after being idle "a month Fifteen hun
dred men went back 60 work at the Me-
Keesport tin plate plant, ten mills hav-
Ing resumed