Word: inlanders
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Dates: during 1950-1959
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...representing the steel industry. It would be "completely unlawful" for them to freeze prices, said the firms; nor had they any intention of granting wage boosts, "the primary cause" of inflation. But not all steelmen were so sure that the industry could not freeze prices. Chairman Joseph Block of Inland Steel, one of the twelve companies negotiating, said that if the union held the line on wages, "that would enable us to hold the line on steel prices...
...Laughlin reported first-quarter earnings of $1.97 a share (v. 17? last year) on record sales of $236.4 million, predicted the second quarter will be even better. Armco Steel announced first-quarter earnings of $1.43 a share, more than 100% over a year ago. Equally soaring reports came from Inland Steel ("new first-quarter records"), Kaiser Steel (76? v. 46?), Pittsburgh Steel (66? v. a loss last year), Detroit Steel (83? v. a loss last year), Allegheny Ludlum ($1.18 v. 19?) and Granite City (up 70% to a near record of $1.62 a share). Only Lukens Steel...
...Baltic coast at Warnemünde, docks are being built to establish one of the world's largest ports. It will be open to Soviet shipping this year. A 15-year inland waterway scheme will link Berlin and Magdeburg by a system of canals and rivers with Russia's Kaliningrad (formerly East Prussian Königsberg) and Poland's industrial Bydgoszcz...
...continental land mass was found last year by Russian explorers, reported Meteorologist Morton J. Rubin of the U.S. Weather Bureau last week. Back from 15 months with the Russians at Mirny on the Indian Ocean coast of Antarctica, Rubin revealed that a Russian party trekked about 1,500 miles inland to the "pole of inaccessibility," setting off dynamite charges in the ice to make seismic soundings every 30-50 miles. Echoes showed continuous land instead of a complex of islands or submerged mountains. The Russians say the land ranges from 2,500 to 12,000 ft. above sea level, with...
...Greenland. In Washington last week, U.S. Army Engineers announced awards of $27 million in contracts to fill the Greenland gap with four DEW radar bases. A Danish firm will build bases on Greenland's east and west coasts. A U.S. firm, Peter Kiewit Sons Co., will build two inland stations with a new look: the main buildings will be raised and lowered by huge motor-operated jacks designed to keep the radar-topped structures 15 ft. above the snowdrifts. Like other DEW bases, the Greenland stations will be manned almost entirely by civilian technicians...