New York, Nov. 3.
Steel: With the output subject to further adjustment, owing to the small volume of business transacted during October, steel shares were from 15 to 30 per cent below September, with heavy steels showing the chief decline. However, the drop in copper was checked by the advent of new buying, but the changes showed an improvement which would have been than those of a hand-to-mouth basis, Automobile buying, as a result of the automobile show, is expected to have a pronounced effect on subsequent steel purchases. Rail buying has reached rock-bottom, while build-
U.S. EXPORTS TO CHINA,
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