Word: boom
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...bills himself as Dante, sailed into the Times Square district last week and set up Sim Sola Bim, a "mystery spectacle." Widely advertised as meaning "thanks to you" in Danish, Sim Sala Bim is actually a phrase from a Danish folk song, is roughly translatable as Ta-ra-ra-boom...
...steelmaker was happier about the nature of this boom last week than the industry's No. 4 unit, 90-year-old Jones & Laughlin Steel Corp. For four uncertain years J. & L. has been slightly out of step. Its plants are all in the long-suffering Pittsburgh district, headquarters of heavy steel. Its preferred-stock arrearage has grown from $21.25 then to $43.50 a share now. Its new (in 1936) boss, up-from-the-mills Horace Edgar Lewis, has had to be tough. He tried to balance J. & L.'s heavy wares by building a gigantic strip mill...
...July from 156.9 in normally more active June; 3) the export market, mainly the United Kingdom, which rose 14.6% in July to 707,809 tons, 14.2% of the month's production; 4) consumer industries (automobiles, refrigerators) which, instead of being elbowed aside by the defense boom, are so far being carried along with...
...becob-webbed furnaces, farsighted businessmen begin to expect sudden collapse. Last week steel was flying all the danger signals. Some companies were feverishly running furnaces that could use relining, fearful that time out for repair would lose them business. Deferring repairs is steelmen's standard practice in a boom, the theory being that steel booms rarely last long enough to cause serious breakdowns...
This steel boom also found a different kind of steel in demand. The "heavy" types used in construction and capital-goods work have firmly re-established their old leadership over the light "paper" steels (mainly sheets & strip) used in consumer goods. The American Iron & Steel Institute reported that in June nearly 60% of shipments was accounted for by "heavy" steels, against 56.5% averaged in 1940's first half, 57% in 1937's flush first half. Additional demand for heavy steel was in the offing last week...