The Archive · 1927

AMERICA'S IRON PRODUCTION

New York, Aug. 29.

The production of iron and steel last_month was the smallest since 1925, according to the monthly report' of the Federal Reserve Board. The output of motorcars in July and early August was considerably below the figure for the corresponding period of Inst year. Production of tyres, non-ferrous' metals, food-Products and woollen textiles also shows a decline. Factory employment and wages were smaller than in any month since 1924, The cot ton consumption, however, though smaller than in June, was unusually large for this season of the year—Reuter,

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account