Abstract

Finance
Boies, William Justus | November 16, 1918 issue

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Various foreign Governments during the last fortnight have cancelled their orders with American manufacturers for war steel. This action was to have been expected under the circumstances and the chances are that the cancellations will reach an enormous tonnage in the steel industry alone. The steel manufacturers are in a favorable position as they have been unable for months past to turn out the normal tonnage which private customers have asked for. It is probable that work will be stopped forthwith on plants that were intended for the production of special Government material.

See Also:

STEEL industry & trade; MANUFACTURES; FREIGHT & freightage; BUSINESSMEN; IRON industry & trade; METAL trade
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