Word: ferrous
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Dates: during 1930-1939
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...slumped notably, foreign demand remained firm; automotive exports in March last year totaled $28,819,000, this year $28,971,000. What the U. S. buys most from abroad is raw materials, but U. S. commodity prices are now at a two-year low; hence imports of non-ferrous metals were down from $19,547,000 in March 1937 to $9,641,000 this year, tin from $11,617,000 to $3,808,000, newsprint from...
...great group of prices in its commodity index had pushed above the average level prevailing in the boom years 1927-29. Building materials and iron and steel products have been in new high ground for some time. To these conspicuous markers on the highway to inflation were added non-ferrous metals (lead, zinc, copper, tin, etc.), which as a group have risen 46% since the commodity boom got underway last autumn...
Biggest fuss last week in the commodity markets which the bounding indices reflect was in copper. Metal prices at home and abroad have been rising dramatically since early autumn. Fortnight ago copper's sister non-ferrous metal, tin, was placed on virtually a 1929 production basis by the tin cartel (TIME, Jan. 18). Last week, with export copper selling as high as 12.75? per lb., the international copper cartel called off production quotas to keep the price of the red metal from soaring higher and to discourage reopening of low-grade mines...
Neither Harvard nor anyone else has a magnet which attracts non-ferrous metal...
Another honor bestowed at last week's meeting was the James Douglas medal for distinguished achievement in non-ferrous metallurgy, awarded to handsome, white-whiskered George Cameron Stone, 75, member of the Institute since 1880, retired since 1929 from New Jersey Zinc Co. Mr. Stone trooped all over the world keeping track of improvements in zinc metallurgy, held eight important patents of his own. As well known to art collectors as to metallurgists, he has one of the world's finest collections of ancient armor and arms, especially Persian, has presented many a treasured piece to Manhattan...