Word: barium
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Until last week, price ceiling violators have usually gotten away with light taps on the wrist in court. Last week OPS clubbed a violator on the head. It fined New York's Barium Steel Corp. and two subsidiaries, Central Iron & Steel and Phoenix Iron & Steel, a whacking $1,011,-123.63. It was by far the biggest OPS fine yet levied. It was also another black eye for Central Iron & Steel whose activities had figured in Washington's mink-coat scandal a year and a half...
...Armco's from $11,894,130 to $10,443,239. Yet the smaller steel companies, with a more favorable tax base, turned in some impressive rises. Wheeling Steel's net shot up from $2,998,696 to $5,043,744, and Barium Steel turned a $95,836 loss into a $1,875,509 profit...
...relieved of nothing but their money. Dr. George L.. Clark, head of the division of analytical chemistry at the University of Illinois, reported that the Magic Spikes he had tested contained no vrilium-whatever it might be-but merely ½,000th of a cent's worth of barium chloride, a cheap rat poison. Dr. Bernard Waldman, head of the nuclear physics laboratory at the University of Notre Dame, aimed a Geiger counter at six "radioactive" Magic Spikes in the courtroom. The judge and jurors heard no telltale...
Uranium fission works by dividing large "bushel basket" nuclei. When a uranium nucleus splits in two, forming two smaller nuclei such as krypton and barium, the weight of all fragments added together is less than that of the original uranium. The weight-loss turns into free energy...
...feared it would lose money the third quarter too, so it was pulling in its horns. Last week, besides scheduling a ten-day shutdown to let sales catch up with production, K-F sold two iron and steel plants at Phoenixville, Pa. Buyer: the Barium Steel Corp. Price: more than...