Word: coaling
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Dates: during 1930-1939
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...oldest U. S. steel companies and first manufacturer of boiler plate, 128-year-old Lukens Steel Co. is located at Coatesville near the hard coal country of eastern Pennsylvania. With total assets of $16,000,000, it is 14th largest in the industry, specializes in making steel plates for steamships and locomotives, nickel and chrome quality alloys. Last fiscal year, Lukens' net income was $158,218, biggest since 1929. But its operating costs also increased. When Depression II cut production as low as 35% of capacity, the company cut its payroll almost in half, laid...
...Coatesville, was reported to have wanted to charge Lukens some $100,000 annually as commission for linking it to the Columbia pipe line. After several years of political fencing, Columbia's subsidiary this year dug in for a finish fight with the State's powerful coal interests, who were backed by a temporary decree instigated in 1936 by Governor Earle against further introduction of natural gas in the State...
...trade balance of $300,000,000 last year was the highest since 1930. This year's is still mounting. Exports have not fallen off materially, but the value of the lira has declined and as a consequence Italy has to pay more for the raw materials, such as coal, oil, which she cannot get at home. On the surface, her industry is prosperous. Heavy industry is making high profits from armaments but, on the other hand, last year's capital levy has resulted in the bankruptcy of thousands of small firms...
Virtually all of Belgium's coal mine operators last week agreed to suspend operations on Mondays for the next few months. The reason: "Owing to the convival character of Sundays many mining districts have found Mondays not the most efficient day of the week...
...these laws have upon consumer costs, distribution, chain-store growth, etc. In charge is lean Augustus Heath Martin Jr., who was successively sales-promotion and wholesale manager for Chrysler and Willys-Overland and southeastern manager for Union Bag & Paper Corp., joined the Administration as coordinator for the National Bituminous Coal Commission. He first expressed his talent for puttering by designing an early motorcycle...