Evening star., 1922-07-03
COAL SITUATION HAS CENTER
OF NEW ENGLAND TRADE STAGE
Industrial Activity Slightly Greater in
june Than in May, Despite Slow
Down Tendencies.

the construction of a gigantic motor
end to end, the lumber would extend
1000 miles.
Machinery.
SEATTLE. July Especially
There has been decided increase in
demand for machinery and motor
cars for shipment to East Indies.
NEW ORLEANS. July 3 (speciaD.-
Hardware sales show Improvement
In June for first time during the
year. Spring sales were light, espe-
cially in farm implements. because
valley.
YOUNGSTOWN. Ohio. July 3 tSpe-
ciaD.-"We never had a larger
volume Of business in our history and
are running 100 per cent capacity"
said President Kahn of Truscon Steel
today. I'VE are receiving both domes-
tic and foreign orders. The outlook
Is for good business unless coal or
railroad strikes interrupt"
PITTSBURGH. July 8 tSpeciaD.-
Jones & Laughlin have scheduled a
deet Of barges loaded with steel pro-
ducts for shipment by river as far
south as Louisville, this month. Heavy
shipments az far south as New Or
leans would be made all summer by
big producers Of district IL the Ohio
river were navigable south Of Louis
vile.
MASSILON. Ohio. July (speciaD.-
Central Steel reported today that
after bond interest requirements for
May had been deducted the company
has shown profit SO far this year OF
$4SS,000. Company is operating at
capacity and has commitments which
will carry it well into the third
quarter.
PITTSBURGH. July (speciaD.-
Butler county coal operators are quot
ing prices of $3.25 to $3.50 per ton.
For Pittsburgh gas coal, run of mine,
the quotation is 1926.
PHILADELPHIA, July (SpeciaD,
About the only bituminous coal ar
riving here is by barges from Hamp-
ton roads Shipments by rail prac-
Trans atlantic steamships making
making this port are carrying suf-
nc1ent coal to last them for a round
trip because of the difficulty in secur-
ing bunker supplies here.
O0A
DEXTER, Kan. July Especially
rams have been completed for q
$z,00O,O00 plant here to utilize the pro-
ducts Of the Dexter Union gas fields.
PITTSBURGH, July (Special).-
Lighting glassware has not fully re-
sponded to the influence of the build
ing movement. Retailers are said to
have large stocks.
DETROIT. July 3 Especially. De-
troit manufacturers and wholesalers
are elated over the prospect of q
railroad rate decrease which will abol-
ish the differential existing for some
time in favor of Milwaukee and Chi
cago. Although distances from De-
troit to many other cities are less
than from those cities to Chicago,
much business has been lost by De-
troft houses because of the higher
rates applying here. The new rates.
for example. would reduce the tariff
Sault Ste. Marie from SIPS hundred
to $1.14. These reductions. it il
claimed. will be in addition to gen.
eral reduction recently ordered by
the Interstate Commerce Commission.
is decided labor shortage among
steel mills in this district. This 10
slowing up production and resulting
in piiing up orders. Deliveries are
practically impossible to guarantee.
Most mills are sold well into October
and November. One leading mill is
said to have rejected orders for
100000 tons of steel the last six
weeks. Another mill is offering 40
cents an hour for common laborers.
U. S. Steel and the largest of the in
dependents. however, are maintaining
the 30-cent scale.
SPRINGFIELD. Mo-. July 3 (Spe-
cial).-The attorney general of Mis-
souri,. acting on demand of state
banks. has Instituted proceedings to
test right of national banks to oper-
ate branches. First National of st.
Louis recently announced plans for
opening sixteen branches, one OF
which already is in operation. The
bank claims to have obtained a rul-
Ing from the federal government per-
mitting national banks to operate