Steel Rate At 1938 Peak, Daily Racing Form, 1938-10-26

STEEL RATE AT 1938 PEAK It is estimated by the American Iron and Steel Institute that steel operations through ¬ out the country will advance 43 points dur jing the present week to 537 per cent of ca ¬ pacity compared with 494 per cent last week This will mark the highest rate since November 18 1937 when the rate was set at 558 per cent