Word: ib
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Plywood is made by putting a big log into a peeling machine, which strips off the thin wood sheets like wrapping paper from a roll. When the sheets are cut to size, the sandwiches are made in presses which deliver squeezes up to 200 Ib. per sq. in. The San Francisco World's Fair, which accounted for 10,000,000 sq. ft. of fir plywood, used plywood 29 layers thick for parts of its Colonnade of States...
Born. To Prince Alexis Obolensky II, 25, Manhattan cafe socialite, Russian nobleman once removed, and Princess Obolensky (Jane Wheeler Irby), 23, New Orleans socialite: their first child, a daughter; in West Palm Beach, Fla. Name: Ann. Weight: 7 Ib...
When the British pound was at its prewar level (near par: $4.86), ?230 ($1,117.80) per ton would have been a good price for tin-equivalent (with the cost of freight and insurance) to about 48? per Ib. As the world's biggest user of tin, the U. S. is much interested in its price. When the official pound was dropped to $4.02-$4.06, ?230 per ton became equivalent to only 40? per Ib. So last week Britain killed her wartime rule, which since September had forbidden the sale of tin on the London Metal Exchange at more than...
...week was accomplished by Secretary of Agriculture Henry Wallace: By reducing the Government subsidy on cotton exports, he helped boost the price of cotton. He originally got a $36,000,000 fund with which to subsidize exports. He spent about $32,500,000, paying 1½?a Ib. to subsidize exports of 4,344,434 bales. To conserve the balance of this fund, the subsidy was cut in half, midnight, Dec. 5. A few days later, it was cut to 2/5?, again last week to 1/5?. Anxious to share in the Government subsidy before it was all gone, exporters rushed...
...August, zinc sold at 4¾? a Ib. With war, its price rose to 6½? - a rise of 47% which precipitated no end of buying and production for inventory. Then sales began to dry up. Fortnight ago, American Smelting and Refining Co. dropped the price ½? ($10 a ton). Trade pundits guessed that the steel industry-one of the largest consumers of nonferrous metal-would let down production even further after January, and American Metal Market headlined: "The outlook for Metal Prices none too solid...