Word: coppers
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...rise was insignificant compared to the gyrations lately in other metals. But aluminum was not deflated so-severely as copper, lead or zinc. In 1929 aluminum sold for 28?, was at 19? at its Depression...
...mood to give anything away to the Fascists from across the Rhine. Germany is starving for raw materials; the Belgian Congo is one of the richest properties in Africa. Dr. Schacht's scheme was that Germany should buy $84,250,000 worth of Congo copper, tin and oil, pay for it within a specified time with thermometers, automobiles, safety razors, cameras, et al. One potent group in Belgium hailed this scheme with delight, for as special inducement Dr. Schacht was willing to have all the Congo imports carried in Belgian freighters. Catch to all this is that Belgian manufacturers...
Speaking of commodities in general and copper and steel in particular, President Roosevelt declared last fortnight that prices were entirely too high (TIME, April 12). As an experiment in talking down inflation, the President's pronouncement had by last week proved a notable success. His words touched off a world-wide break in commodities which left copper 1½? below its 17? -per-lb. high, lead off 1¼? (high: 7¾? per lb.), rubber off nearly 3#162; (high: 27#162; per lb.), wheat off 6#162; (high: $1.45). Most other staples tumbled proportionately, while the stockmarket took...
...private bone to pick had the steel industry, for the President singled it out along with copper, as one of the commodities which had soared too high. The recent $6-per-ton boost, said he, was far more than was needed to cover increased labor costs. But the American Iron & Steel Institute figures that while higher prices will yield an additional $200,000,000, wages will be up $130,000,000; raw materials $85,000,000, leaving the industry $15,000,000 the worse. These calculations were on the basis of 1936 operations. With steel production now running...
...copper the President had an airtight case, for that metal has been squeezed up by pure speculation. Anaconda, he said, could make money on 8? or 9? copper...