U. S. husbands do not send U. S:-wives steel ingots for birthday presents. U. S. consumers in general do not buy, use or see steel in its unmanufactured state. Yet every U. S. citizen has an interest in the earnings of steel corporations, should be pleased when steel is strong, concerned when steel is weak. The steel business is best index of U. S. prosperity. Steel enters into so many U. S. industries that booming steel means booming business. As steel goes, so goes the country.
Steel has lately been going at record pace. Best second quarter earnings since the war. ....
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