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STATS DEPARTMENT RADIO BULLETIN #166 (Continued) 
MIS CELLAR'S 013 (Conti nued) 
LaSollette Committee,: 
Vice-President Charles M. 'White of the Republic Steel,- 
testifying before the senate civil liberties committee, this 
morning defended republic labor policy which he said had always 
been on a basis of giving employees, quote - a square deal - 
unquote. He added that while believing in collective bargain- 
ing, the company did not wish to have its employees "black- 
jacked” into joining a union against their will. Asked by 
Chairman LaSollette to explain the giving by Republic - in 1934 
of contracts with the Amalgamated Association of Iron, Steel 
and Tin Workers, Mr. White declared that this had been done 
because the union had been "taken oyer by communists” and 
because "there was a lot of talk going around that the men 
still had the right to strike regardless of the contract." 
He was reported to have added that in order to be prepared 
for possible labor trouble at that time the company had spent 
approximately $21,000.00 for munitions and gas. 
Economic Review: 
■■ » ■ — / 
A review of the economic situation in the ln±ted States, 
prepared by the Department of Commerce, follows in part: 
The* sharp, recoveiy in steel ingot production ^ after the holi- 
day week confirmed previous indications of improvement ^ based 
uron the rise in volume of orders placed for prompt shipments 
of miscellaneous steel products. Steel mill operations are 
scheduled for the week ending July 16 at 3£$ of ingot capacity, 
a rate which is l/5th higher than the operating rate a month 
ago. Prices of steel scrap continued to advance; in the past 
month the average price in leading markets has increased two 
dollars to thirteen dollars per ton. The price situation^ 
with regard to finished steel products has not yet clarified 
and trade reviews indicate the uncertainty is retarding 
purchasing, to some extent. 
Statistics for other leading industries are not available 
subsequent to the holiday week ended July 9 in which output 
was lowered by the general observance of the holiday period. 
Automobile assemblies in the holiday week were fur t lie i 
retarded by a one week shutdown by a leading producer. Output 
of crude petroleum however, advanced in the week ended July 9 
o _ g increases in "allowable” production became effective in 
Texas and Oklahoma. 
Price Movements: 
Changes in prices of important raw commodities were generally 
upward during the week ended July 13, Moody’s Index for 15 
commodities advancing 2.7 points to 147.5. (December 31, 1-3 , 
eouals 100). Cotton prices, however, decreased moderately. 
Corn quotations advanced three cents to sixty-two cents per 
bushel for the September delivery in Chicago approximating 
the year’s high. Cash lard at Chicago was up 0.55 cents to 
9.30 cents per pound, the highest since last November. 
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