ORGANISER'S WARNING
HEAVY TASK TO PERFORM STEEL TRADE POSITION NEW YORK, 19th July. “Because I know that many dead cats will be thrown at me,” was the reply of Mr Johnson, organiser of the new industrial codes in the United States, when asked why he was warning his cihef assistants about the heavy task awaiting them. Already he is running into heavy weather with his codes.
The “Iron Ago Magazine” says that steel production in the United States apparently cannot pass over 58 per cent, of the normal output without renewed support from railways and construction programmes. Manufacturers and wholesale merchants throughout the United States and Canada have been advancing their prices, but what the situation still lacks is a. great retail buying movement, based on the higher prices.
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Nelson Evening Mail, Volume LXVI, 29 July 1933, Page 7
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129ORGANISER'S WARNING Nelson Evening Mail, Volume LXVI, 29 July 1933, Page 7
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