Records

P: Spewed from the blazing steel furnaces of the nation last week were 1,200,000 tons of ingot steel--highest weekly production in U. S. history. Highest previous figure (1,193,000 tons) was set in May 1929. At that time the steel industry was operating a higher percentage of capacity than last week (92%) but capacity was then only some 61,000,000 tons annually, as against more than 68,000,000 tons today.

P: Internal Revenue figures last week showed that March production of cigarets was the highest for any month in U. S history (12,791.724.170). Gain over the same month last year was 14%.

P: During the first quarter of 1937, despite strikes and high water, the automobile industry set four new sales records. The Automobile Manufacturers Association announced last week that total U. S. retail motor sales for March were highest on record for that month (480.253), that March truck sales were at an alftime high (72,840), that for the first three months of the year total sales set an alltime record (1,041,301), as did truck sales (167,414).

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