davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24

been moving more freely of late. The
Trumbull Steel Company has booked a
substantial order for strip from the
Ford Motor Company.
Plant to Resume
For the first time in MANY weeks
mill men of the Wheeling district are
feeling happy. Notice has been given
that the Brentwood plant of the Wheel
ing Steel & Iron Co., subsidiary OF
the Wheeling Steel Corporation, will
resume operation on August l. This
means that at least ! 900 men will be
of business for several weeks,
Other plants in the district, however r,
have no change in their schedule; little
work is being done in any OF the
Wheeling district mills.
Officials of the Midvale Steel &
Ordnance Co., at Johnstown stated that
by closing certain departments inter
mittently for the accumulation of
orders the company has been able to
continue through the period of bus;-
ness depression on a curtailed schedule
Several of the bar mills and one of
the structural mills were in operation
the past week.
one of the most conspicuous develop
ments OF the market is the decline in
basic pig iron, which is now firm al
SlS This price indicates q determine
tlon on the part of certain makers to
convert accumulated stocks into cash
as quickly as possible The most re-
cent sizable transaction involved 1000
tons purchased by the Sharon Steel
hoop Company from a Youngstown
steel ,wirks interest. The Sharon com
pahy mas preferred for three months to
puy ITS IRON requirements rather than
vile. az A'o"ci'-
While there has been an upturn in
ehc sheet market, Increased operations
this week, approximating IA per cent
above tho previous week, ara in larger
proportion than the expanded volume
OF business. Larger output is due in
! part TO a backlog of orders which ar,
placed with makers DUNG the suspen.
sion through failure to sign new
I WACO agreement with the Almalra
mated Association.
what sheet business is coming out Is
tCcntimued Oh next pasc)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24

part of this is ordered and full re-
sumption of orders for all classes of
material currently used for operation
and maintenance of the railroads takes
place, and if the railroads pay each
other and their creditors, an increase
of railroad traffic as a result Of an in
crease in general industrial activity
would appear likely to follow This
appears to be the opinion of railroad
executives who have discussed this
matter and of those who have replied
by telegram to The Tribune's inquiries ;
The telegram of inquiry sent out fol-
lows:
Request your views for symposium.
Will you place rail or equipment or
ders this fall? Anticipate any i'm
provement in buying materials and
machinery? If railroad debt to gov
eminent is funded and governments
debt paid in cash, will you immedi-
ately accept delivery of goods pre-
viously Hordered?
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Canada Planning
To Put Up Bars
against dumping
Special Dispateh 10 This Tysbseae
TORONTO. Julv 2

TIME amendments to the customs
act which were passed at the
last session of the Dominion
Parliament and became effective on
June 6, are proving buttresses to
the Canadian protective tariff. Their
Importance is now appreciated much
more than when the changes were
first announced.
Alresdy instructions have been
issued by the Department Of Customs
that all imports of basic iron and steel,
copper and brass from the United States
must be accompanied by certificates TO
the effect that the invoice value is mot
less than the actual cost OF produc-
ton Of similar goods, at the date of
shipment direct to Canada. plus rea-
sonable profit thereon" Allegations
that boots and shoes from the United
States are being dumped" into Can
ada at prices below present costs of
production are likely to be investigated
by the Department and, if substantial
ted, it is not improbable that a general
order will be issued requiring certifl-
Gates with all future shipments.
The requirement that imported goods
be invoiced so as to show the name Of
the country of origin will be effective
on and after October /. From that
date all goods imported into the Do
minion, which do not comply with the
requirements as to marking, will be
subject to an additional duty of 10 per
cent of the value for duty PURPOSES
and, in addition, will not be released
have been so marked at the expense
of the importer. Regulations to gov
ern such marking have been prepared
by the Customs Department.
The provisions by which the equiya-
lent i'll Canadian money, at current ex-
change quotations, of invoice values II,
currcncies which are at premium In
the Dominion, will be taken as the
value for duty purposes and no depre-
clation OF foreign currencies below so
per Gent of their par value will be re-
cognlzed, in valuing for customs col
lection, unquestionably are exerting an
important influence on importations
Prohably they we're among the CT rs
which restricted imports into Canada
Tor consumption, duyine Dune, 1921, to
@bT,8AS,6bS, rs compared with $lSA,-
6s2,S4A for June of last year. The fact
is that the Canadian government in
directly has provided substantial in
crease in the protection to Canadian
producing and manufacturing interests
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
U. S. Mineral Output at Peak
Production in 1920 Sets High Record in Value,
Survey Shows, With Gains in Guam
titles in Many Commodities

strike, and IS soon as the govern
ment maximum prices were withdrawn
the spot price began to rise, ultimately
reaching the highest levels ever re-
corded. Contributing to the high prices
was an unprecedented export demand.
From the middle of April there was a
general increase in the rate of pro-
daction until the middle Of December,
when record daily production was at
tnined. The years output, 56S63, 900
short tens. approached that of the rec
ord year 1918. In December the gem
esal depression influenced the output
and a rapid decline set in which con-
tinted into April, 1921. when the aver
age daily production was only slightly
more than 100o,000 short tons-about
transportation facilities.
"rhis decline was more continuous
than in 19i8~1S, when similar condi-
tiqns, an industrial depression and q
mild winter limited the demand. Con-
suiAers' steeks had accumulated during
the last halt Of 1920, and on January
l, 1921, they were comfortably large,
though far belo1 those of January /,
1a1e. Up 70 April /, 1891. stocks had
not bean lowered to the danger point
but were. still being depleted. Pro
ductien, however, began to increase
during the last half of April, owing
partly to an increased export demand
following the British miners strike.
"Anthracite coal was produced for
. while at . faster rate than in 1919,
but production was interrupted by
lahar troubles, and the calendar year
1920 closed with production only about
100000 short tons above that of
1919 and about 10000. 900 tons belew
that Of each Of the two preceding
years.
There was no marked saving of coal
through the development of hydro
electric power in 1920, but plans now
being formulated by the Federal Power
Commission and the superpower SUR
vey may begin soon to show results
in this direction, and attention d.
rected to the more efficient transpor-
tation and utilization of coal may also
result in diminishing the rate of de-
pletion OF eur most accessible reserve
OF coal, in spite of renewed normal
growth of industry.
"The steady substitution of by
product for beehive coke which has
marked recent years continued through
1870, OF the total production of coke,
IL .s2S,000 tons. 40 per cent was made
in beehive ovens and co per cent in
by-p roduct ovens. About $50 new by
product ovens were put into operation
during the year, and $50 more were
Under construction at the end of the
year,
1.-THE petroleum industry was mmrked
by n steady increase in production
tContinued ON next page)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
~ ESPITE adverse factors Of
many kinds, an Improvement

~ ESPITE adverse factors Of
many kinds, an Improvement
was shown in 1920 over 1919
In the quantity and value of min
eral products sold in the United
States, according to preliminary
summary compiled by G. F. Lough-
lin, geologist in charge Of the division
of mineral resources of the Depart
ment of the Interior. A new record
In the value of mineral products
sold was made, $s.7o7 ZOO, 900, al.
though conditions of operations re-
NAMED unfavorable. The increase
was not so much a result Of renewed
property, it was pointed out, as Of
increased costs of operation.
The law of supply and demand made
itself felt during the year to the dis.
comfort Of those who had profited by
tho war but to the gradual relief OF
many who had not. Attempts Of labor
organizations to have the high wages
Of war time continued resulted in sew
eral strikes and helped to increase the
costs of operation, with resulting tenn.
porary increase in prices. This was
especially true in the coal trades which
in turn affected many other Industries
The poor conditions of transportation
that were characteristic of 1919 con.
tinued we'll into 1920 and increased the
uncertainties and consequently the
costs OF operation, it was pointed out
These disturbances, however, have grad
ually spent themselves, prices have
been falling, and efforts to repeal OK.
cessive wartime taxes and lever trans
portation rates are helping to bring
industrial conditions back to normal
Some predictions are made that prices
arc to rise, the review says, but the
writer takes the position that no
marked or permanent rises are to be
expected until normal conditions are
again attained
Trend Of Industry
"of the leading mineral commoditie, 5,
the mineral fuels, especially hitvmi-
nous coal, are among the best indi-
Gators of the trend Of INDUSTRY" says
the review. "The production of b.
luminous coal made q rapid recovery
from the great strike of November,
1919, 1t declined again during the
severe storms of February, but was
running we'll up to normal when .hc
outlaw switchinen's strike broke on
April l. The resulting congestion at
the railroads prevented the feaccumu-
lation of consumers stocks. which had
been nearly exhausted by the mine-,'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Louisville & Nashville

| have your wire of the 10th and
regret that prospective conditions
appear too uncertain to admit Of an
accurate forecast or commitment.
The Louisville & Nashville is now
prosecuting additions and better
ments, including equipment for the
current year, in an aggregate
amount greatly exceeding its past
average for normal years, and the
engagement is exceedingly anxious
TO expand the company's transporta-
ton facilities as circumstances and
conditions may permit. | have no
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
ng Rail Plans Will Enable Railroads to Pay Their Bill
Executives, i'm kilograms to The
Tribune, Outline Program
for Increased Purchases
of Materials

TIME TRIBUNE inquired telegram
porant railroad what
to the the governments
debt to them would have their buying
purchases There through
relief that least they could begin immediately
Most of the railroads have
CT optimism ngendered by the the
overcome by the falling off freight
the payment of supply
THAN the equipment companies themselves willing
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
WU Break Deadlock

Without suggesting that there would
be food of buying orders on the part
of the railroads when they receive the
cash that the government owes them, it
would appear from the kilograms in
answer to The Tribune Inquiries that
there will be decided break in the
deadlock which now exists. The rail
roads need a great amount of material
Tor betterments. Only part of this may
be ordered in the last six months of
1921, but if even comparatively small
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Erie Railroad

Replying to your wire. The Eric
Railroad will not be in the market
for equipment for the next three
months. Rail orders are an arbitrary
thing. Rails for 1921 are now being
put in track. Rails for 1922 will be
ordered as usual. The Erie Railroad
has nothing but current deliveries
due and is applying all available
funds and will continue to so apply
them toward reduction of its bills
payable. 1t will give to trade great
impetus should the government pay
the claims and fund the amounts
due from both sides. Railroads are
the biggest spenders in the United
States. When for any reason they
stop spending many people stop earn
ing money.
+. d. UNDERWOOD. President.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24

and such subcommittee as may be nee
essary.
Assurance that the people Of San
Francisco may confidently rely upon
this general committee ard work under
its direction for city betterments IS
contained in the single fact that the
nucleus of the committee is composed
Of the executive committee of the board
OF directors of tha Panama Pacific In
ternational Exposition.
Features OF Plan
Outstanding features of the San
Francisco program that has been
drafted By DR.. Rastall follow:
Rincon Hill removal to permit ioea.
ton of loft and manufacturing distfie'
south of Market Street, with easy az
cess TO waterfront and railway tacli-
ties
Reclaiming of Islais Creek aats, pro
vid.ng thereby large area suitaole ~.
industrial sites and the elimination o.
present barriers to through routes IRON
city's center 20 natural Industrial dis
trict south.
Building of great industrial ter ter,
minal, similar TO the Bush Terminal
in New York, at Hunters Point. whie9
mas access to deep water dockage 81"
direct railway service.
Progressive harbor management aha
additional harbor facilities.
Streetcar system extensions unaef
one management, with adequate IMAM
clai provisions =
Elimination Of checkerhoard plan o.
laying out city lots in areas wnefs
this is possible and adoption OF stfess
systems following contours of hills'
Providing an abundant water sup.
ply for the future, making ava'iapis
surplus quantities needed by cer'a"
classes of industry.
Opening more direct through stFee'''
additional Parks
Additional parks in southern Sec
tons OF San Francisco.
Greater and more adequate sehooi
facilities, especially with reference ~
industrial vocational teaching. ana
more extensive use Of school buildings
in community life.
Provision for building worhlngmeh
homes in the outlying districts to KEEP
pace with industrial expansion. 80.
Forming an organization for eSnlpis'
ing all commodities manufactured r..
cally at some point easily access'Dt'
TO all citizens.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Pressed for Cash

The railroads ara in ;he worst posi-
ton as regards cash that they have
ever been in in their history. Not only
CO they owe equipment companies,
supply companies, general business
concerns, the steel companies and each
ether, but the effect has extended back
two or three places removed from the
immediate railroad creditors. 1t is
having an effect on the amount of
traffic that the roads carry Like the
r,olasses candy they cannot run with
cut getting warm, but cannot get warm
without running. By refusing to ac-
cept delivery of materials ordered, re-
fusing to pay their bills and being
unable to buy on anything but a hand
to-mouth starvation basis they are pre-
venting the movement of the very
traffic of which they are so badly in
need
In this state OF being the beginning
and the end of vicious circle there
is held forth the hope that the govern
ment will fund the amount which the
railroads owe to the railroad ADM mis-
tration and will pay in cash the $780,
100000 which the government owes to
the railroads. If this were to be done
ii is possible that it would prove the
first important movement toward re-
turn to more normal industrial con-
ditions.
The release of s600,Oo0 600 cash to
the railroads, which means the release
of large part of this to the railroad
equipment and supply companies, which
terial, in turn means the shipment of
Supplies and raw material
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
New York, New Haven {
Hartford

Refunding of company's debt to
government was completed last year.
There viii not be any material
change in purchases which are being
made on the basis Of current require
ments incident to the present re-
ducod volume of traffic now moving.
All materials and supplies are being
currently acceptf as ordered.
E. j. PEARSON, President.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
u. S. Steel in Price-Cut War
Corporation Meeting Concessions of Independents
i'm Close Bidding for Business; Expect
New Wage Reductions
PITTSBURGH, July ss.

TEEL manufacturers there vigorous price cutting
of the quotations being
the United Steel
Shading Of comparatively heavy struggle
the few orders becoming industry
continues its downward readustmen the rushing
its conclusion 1t the bottom will
be reached and the final will place.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Chicago, Rock Island &
Pacific

The action of the government in
funding railroad debt and settling
with roads on cash basis for claims
both for Federal control and guar
anty periods will doubtless be fol-
lowed by substantial expenditures by
the roads for equipment, improve
ment of facilities and machinery.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24


Altering the map Of San Francisco
by leveling a hill to provide factory
space, the cutting of new streets to
give easier access to some sections and
the organization of an industrial
exposition to show the manufactured
products of the city already are in
process. These are but a few of the
many things decided upon in the San
Francisco program, as it is called,
which will mean the expenditure Of
millions Of dollars.
The program was approved recently
at the most representative meeting
held in the city since the days OF the
great fire and the Panama Pacific In
ternational Exposition. About 500
business men, representing the entire
business life Of the community, were
present.
Every civic group and almost every
political group were represented. The
city administration was represented by
Mayor James Rolph jr., Supervisor
Ralph McLeran, chairman of the
finance committee, and by City Engi-
neer NJ. NJ. O'Shaughnessy.
City Behind Project
President Atholl Mclean, Of the
Chamber Of Commerce, who presided
explained briefly that while the cham
Der had been responsible for bringing
DR. Rastall to San Francisco and had
helped to make out this great building
program, the work was too large for
any one organization to shoulder and
that it must now be turned over to all
the people OF San Francisco.
The best way to do this, he said was
to form special committee large
enough to be representative Of all the
civic groups.
All these groups we're represented
at the dinner, and the proposal for the
formation of such committee and
the undertaking of this construction
community was enthusiastically ap-
proved.
President Mclean was chosen chair
man of the committee; Angelo Rossi,
president of the Downtown Association
and Of the Central Bureau of Civic
Organizations, was chosen vice-cha;r-
man; and Louis NJ. King, secretary of
the Chamber OF Commerce, on the sug~
gestion of Dr.. Rastail, was selected as
temporary secretary and treasurer.
The chairman was empowered to name
central executive committee OF seven
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Plan Trade Expansion ON Coast
San Francisco Business Mem Behind Industrial
Development Project Which Will
Take Years to Complete

w DIRK has industrial development
w cisco which promises be the important project of its
kind IN the history Of the Present arrangements
call for the millions dollars
The work the hands Dr. B. NJ Rasta industrial who
has been the the
San Francisco rofC
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24

haiIroads at BEST are SLOW pay, but
since the government handed them
back to their owners it is almost i'm
possible to get settlement of any bills
whatsoever. Even among themselves
they are holding on to every cent of
cash that they can get and simply re-
fusing to settle in cash traffic balances
as between different lines. Frozen
credit is an overused word at present,
but it aptly describes the railroad cash
situation
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24

terial used in station and of;ca -,
ings, and materials for signals sn os's'
terlocking devices. There are "a "a
number of other classes of mass, ga
For instance, in 1920 the Class ss.s
spent Sl2,729 600 Tor small too,a 'oaes
which includes handcars, etc anS 81. sua
spent $6,373,C00 for roadway rnaebi ..es
supplies.
Under maintenance Of eoaipme,t =
largest items are materials for tho ..s
pair eff freight and passenger cs,s ~. ~,
locomotives. but even in 1920 tho rn a.u
spent nearly s30,000,00o to replace u ,v-ss
out shop machinery. This gives some -.
ception Of the extent of railroad M
chases in this field. It is i,npossih,ss a =,
make an estimate of what total rails. "
purchases Of shop machinery are in .;,".l
Of depression as compared with whs4 -. ss.
are in normal OF prosperous Times - -.
it is obvious that they must be y ~.
high. The potential buying powa, -
shop machinery in the sense ~ ~ ~
need for new machinery for both :.
placement and additions and bet.s,
ments IS enormous. If the rajl,n,s.
must spend nearly $4,000 900 vsss
for replacement, and that in a ve,r :.
depression and in a year when s,. ~
deal Of repair work to equipment Nc.
being given out TO shops other thss
railroad shops, it can be seen bos'
great would be the sum spent in a n,os.
porous year, where renewals would h.
on much more liberal basis and whsr.
additions and betterments would bull
probably almost as large as renewals
A study was made of one of ths
larger Western and one of the large
Eastern roads shortly after the ysSl.
roads were returned in 1920 to thei-
owners, and the following list Of ex.
penditures on these two roads combined
for year are believed to be rairly &c
curate:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Illinois Central

Replying to your telegram of the
10th. The funding of the railroad
debt to the government and the
settlement fox use OF property during
Federal control will result in placing
Of orders for materials and supplies
which are now held up on account Of
lack of funds. OF equal Importance
will be the effect on general business
of the resumption Of RAILROAD buying
Of equipment materials and supplies.
c. II. MARKSHAM, Viee-President.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24

While we have not yet determined
regarding placing Of orders for new
equipment and rails favorable action
regarding this settlement will aid
very materially in deciding this i'm
portant subject.
J. E. GoRMAN, President.
Atchison, Topeka & Santa Fe
Rail orders al+eady placed. We are
generally accepting delivery Of goods
previously ordered and would in
crease Improvement work. Equip
ment orders will depend on the
amount Of funds received.
W. B. STOREY, President.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Great Northern

Yours of the 10th received. 1t
is Improbable to state to what
an extent money obtained through
the funding of additions and better
ments placed upon railroad proper
ties during Federal control would
be Immediately expended. but it Ia
certain that without such money it