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...oxygen furnaces at the Richard Thomas & Baldwins mill are the newest weapon that steelmen around the world are wielding to compete with cement, aluminum and plastics. Pure oxygen, when blown into steel crucibles, enables them to make steel faster and cheaper than ever before. Last August, boldly investing in the future despite poor current business, U.S. Steel Corp. announced that it will build two iso-ton "basic oxygen" furnaces at its Duquesne works. Last month. National Steel Corp. opened two 300-tonners at its Great Lakes works. In all, LD fur naces are now pouring steel in 17 nations from...

Author: /time Magazine | Title: Austria: Steel's Magic Wand | 11/2/1962 | See Source »

...fellow-and this fact has made him a lot of enemies. To carry out his program, he raised state income taxes. He feuded with his Democratic state legislature on minor matters. For example, the legislature-for idiotic reasons-refused to accept a gift from the fabulously rich (sugar and cement) Boettcher family. All the Boettchers wanted to do was turn over to the state, for use as the Gov ernor's mansion, their dreamland Denver home, with 23 furnished rooms, a magnificent tooled-leather library, a crystal chandelier that once adorned the White House (in the days of President...

Author: /time Magazine | Title: Nation: The Land of Contrats | 10/19/1962 | See Source »

...earnings. C. Brewer & Co. has set up cane plantations and sugar refineries in Ecuador, Puerto Rico and Iran. American Factors is developing 1,400,000 acres for agriculture in Australia and is experimenting with raising pineapples in Honduras. Theo. H. Davies has burgeoning sugar and cement operations in the Philippines, and Alexander & Baldwin is reportedly dickering to buy a Manila stevedoring company...

Author: /time Magazine | Title: Investments: The Flight of the Five | 10/19/1962 | See Source »

...Coast Guard had some trouble with the Tech Dinghies used in Sunday's races, and one cadet claimed that they are good "only for growing flowers and mixing cement." By the time the Cadets had the boats under control Sunday, the Crimson lead was unsurpassable...

Author: By Bruce L. Paisner, | Title: Sailing Team Triumphs; Captures Two Trophies | 10/15/1962 | See Source »

...arid areas is not in getting the water-it is almost always to be had by deep drilling -but in holding it. The new solution is a lake lining of seepage-proof polyethylene plastic only six millimeters thick (asphalt and clay break up under water after a time; cement is too expensive). The two top companies in the field, both in California, are Palco, Inc. of Indio and Kepner Plastics of Torrance. In a bulldozed lake basin, plastic is laid down in strips up to 40 ft. wide and 400 ft. long at the rate of about half an acre...

Author: /time Magazine | Title: Recreation: Lakemakers | 10/12/1962 | See Source »

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