| OCR Text |
Show 67 had to purchase and pay the prices via rail, or $15.00 per net ton example, For $3.403 the 69.7f $20.64 higher $17. 10 that was quoted than at higher , at Los Angeles $13. 94 or greater Pa,.; than at Boston, set by fro the the was East, had bear.16 to and the price at not need the the price differential far so importer of steel products, City was Spokane, Washington, the Western steel as particularly partially was off- product, moving plants, excluding the larger plants, profitably. necessary since the West was dif a 15 differential to operate existing price 14 was City, at Salt Lake which the finished and $10.00 ran consuming centers. at New York Most Western steel Colorado Fuel &: Iron Company, prices March 31, 1947, concerned, the higher steel price paid higher freight charges, hauls consumption. price Mass. producers, long The However, it has been noted that fabricator on $2. 706 per net ton. than at -Pi.tt sbur g , of points Eastern important and costs for the Western steel price of structural shapes per 100 Ib s ference of wa prevailing there, plus freight the result from Eastern requirements rail and water carriers, to Western On this basis, to of their large part a was a the did Nevertheless, substantial net and without it steel would have flowed west- . ward only plants if sufficient to absorb the 14E• California 1946), p. excess freight rate.17 et al ,.; T. Grether, (Sacramento: capacity existed to induc.e eastern steel Expansion State Reconstruction and 15Investigation and Suspension Docket et al; - 17 Ibid., p. 123. , OPe existing western steel- The Steel and Stee1- Using Industries of 120. 16Grether, of it Cl., p. 120 • Re-emp1oyment Commission, No. 5464, OPe cit., p. 14. |
