Canadian foundryman (1917) . reach levels in keep-ing with the cost of raw materials. Pros-pects of an early peace having been dis-sipated, the steel market lias assumedrenewed strength, which will no doubtbe maintained until final peace sugges-tions are renewed. When this desirablecondition materializes, negotiations willdoubtless cover an extended period dur-ing which time the market will becometo some extent adjusted in accordancewitb the new conditions, and prices willprobably be more or less stationary fora time before any pronounced weaknessdevelops in the way of lower values. Inthe mean
Canadian foundryman (1917) . reach levels in keep-ing with the cost of raw materials. Pros-pects of an early peace having been dis-sipated, the steel market lias assumedrenewed strength, which will no doubtbe maintained until final peace sugges-tions are renewed. When this desirablecondition materializes, negotiations willdoubtless cover an extended period dur-ing which time the market will becometo some extent adjusted in accordancewitb the new conditions, and prices willprobably be more or less stationary fora time before any pronounced weaknessdevelops in the way of lower values. Inthe meantime, export demand continuesgood, but the steel companies are ex-periencing much difficulty in nlHiL? or-ders owin? to the scarcity of raw ma-terials. Deliveries are more backwardthan ever, for the reasons stated above,particularly on plates and wire rods, forwhich there is a heavy demand. The meantime developments in thesteel market in the United States tendto a belief that capacity production is c \ NA D I A X FOUNDRYMAN. Foundry EquipmentFacings and Supplies
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