Word: ibs
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Having punched the welterweight (147 Ib. maximum) crown off Barney Ross's head, Henry Armstrong, already holder of the featherweight (126 Ib. maximum) title, became the first fisticuffer in the long annals of pugilism to wear both crowns at the same time...
...Manager Mead and 10% to the original Harry Armstrong, who is now his trainer and poses as his brother. Signed up by Promoter Mike Jacobs for the next three years, Armstrong's next match will be with Lou Ambers next month for the lightweight (135 Ib.) championship of the world. If he wins it, as most experts expect, he will be the only fighter ever simultaneously to hold three titles...
...order to tip the scales at the required 136 Ib. (welterweight minimum) for last week's fight, Armstrong, whose normal weight is 130, quaffed a mixture of ale and stout, wolfed a big breakfast before weighing in. When the fight was postponed from its original date because of rain, he was not required to scale 136 again...
Last week Kennecott Copper Corp., whose operations fell to 16% of capacity in 1932 during the depths of Depression I, announced that beginning June 16 all its U. S. mines would be closed "for at least a month." Domestic scrap copper prices having tumbled from 10? to 6.75? a Ib. in eight days, Anaconda Copper Mining Co., one of the world's biggest producers, already had closed two of its biggest U. S. mines...
...when business took its time about shutting up shop. In London last week the International Rubber Regulation Committee cut the third quarter export quota to 45% of basic allowances. Setting of the new quota, lowest since the Committee was formed, halted an abrupt decline in prices-19.7? a Ib. down to 11.3? since last year. Also the International Tin Committee ordered tin exports cut from 55% to 45% of standard tonnages. In Washington, Secretary of Agriculture Henry Wallace said he would soon reduce sugar quotas in the U. S. The petroleum industry, still hopeful of maintaining current prices, cut production...