Leadership

CAST IRON PIPE MAKERS EXPERIENCED AN ACTIVE YEAR

Issue 2 and Volume 73.

CAST IRON PIPE MAKERS EXPERIENCED AN ACTIVE YEAR Review of Year Shows the Industry’s Business Was Large, with Prices on an Advancing Scale—This is in Spite of Some Very Unusual Drawbacks THE cast iron pipe market has been signalized during 1922 by extreme activity which beginning in January gradually increased in volume until September, when the usual seasonal dullness set in. In spite of unusual drawbacks, including railroad embargoes, a shortage of skilled labor and the situation arising from the coal strike, prices rose and the generally active demand was the feature. The Iron Age, from which the accompanying table is reproduced, in commenting on the year’s conditions in the cast iron pipe market, says: “Cast-iron pipe makers had a noteworthy year in 1922. Prices rose and the total tonnage shipped was heavy, this in the face of rail embargoes, the coal strike, and a shortage of skilled labor. Buying…

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