Word: copper
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Dates: during 1950-1959
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...rumors that it, too, would split, jumped 4⅞ points in a day. The company quickly denied the rumor, but Chrysler kept rising anyway, closed the week at the year's high at 99⅜. Aluminum stocks started climbing at word that Western Electric, biggest U.S. user of copper, was planning to shift part of its phone cable production to aluminum because of copper shortages...
...defense needs. From now on, no more write-off certificates will be given for 26 types of expansion. Among them: aluminum plants, steel-ingot and pig-iron facilities, airports, diesel locomotives and ore carriers. But Flemming increased some other goals. Among them: commercial aircraft, research and development laboratories, copper plants...
...COPPER SQUEEZE will be eased temporarily by diversion to industry of 11,000 tons earmarked for U.S. stockpiles. Defense industries and flood-damaged users in New England will be given priority on the copper...
Aluminum has so far not proved a completely satisfactory substitute. Aluminum electrical wiring oxidizes on contact with moisture and turns into a nonconductor. Experimental aluminum automobile radiators have become crusted by the alkaline water found in most of the U.S. But last week, as the supply of copper grew increasingly short, there was renewed talk of a turn toward aluminum. Reynolds Metals told stockholders that big electrical companies were inquiring about aluminum for electrical wire and that automobile manufacturers were still considering the light metal to replace copper in radiators. Reported an Alcoa official: "We're getting inquiries from...
...another over the scalp with a quartern tankard. In 18th century terms it was a "laughable subject," what with the man all bloody and grimacing with pain. Hogarth made a sketch that delighted his fellow apprentices, and thus he found his life work. He could do this stuff on copper, and copperplate prints of current events were the picture magazines...