Business & Finance: Downtown

No More Backlog. Only a few U. S. corporations ever achieve the distinction of having their published statistics widely accepted as fundamental business barometers. American Telephone & Telegraph has its figures on installations. General Motors has its sales to consumers. And until last week U. S. Steel had its monthly figures on unfilled orders. Then Steel's Chairman Myron Charles Taylor announced that the NRA had put an end to this historic index. Henceforth Steel will publish figures only on tonnage actually shipped.

Steel's NRA code provides that with certain minor exceptions no orders may be booked for delivery beyond the calendar...

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