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URANIUM BUYING by Government will be extended five years beyond 1962 expiration date of current program. New plan will put fixed price of $8 a Ib. on domestic concentrate, instead of having AEC negotiate separate contracts with producers. AEC will also let miners sell part of ore direct to licensed commercial users for first time...
Benny Goodman: The Golden Age of Swing (Victor). A 4 Ib. 6 oz. "limited edition" album that contains 60 re-releases of the master's records between 1935 and 1939. Musty, perhaps, but a must for swing fans...
...TIRE PRICE INCREASE will be made in the near future, says B. F. Goodrich President W. S. Richardson. Synthetic-rubber prices have climbed about 4% to 23.9? a Ib. recently, but lower prices for crude rubber and nylon will keep tire prices about the same...
Steel & the Nautilus. Known since 1789, zirconium has long been one of the world's commonest (ninth most abundant) but least used metallic elements. Hard, heat-resistant (melting point: 1,845° C.), almost corrosion-proof, zirconium cost $315 a Ib. as late as 1945, was a laboratory curiosity beyond the purse of U.S. industry. In the postwar years, National Lead Co., Union Carbide & Carbon Corp. and others learned to produce commercial-grade zirconium as a hardening material for steel (1,500,000 Ibs. at $10 a Ib. was shipped in 1955). But in 1948, with the start...
Beyond atomics, the three companies see a new market opening up for low-priced zirconium. Eventually, they hope to produce a slightly lower-grade zirconium for as little as $3.50 a Ib., well within the pocketbooks of dozens of industries from electronics (where it is used to absorb oxygen in vacuum tubes) to machine tools. Estimates are that the U.S. chemical industry alone can use big quantities to cut its losses of $500 million annually from corrosion of pipes, valves and tanks...