Word: irone
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Dates: during 1930-1939
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...estimated payroll of 220,000 compared well with the 229,585 of May 1930, the number of workers throughout the industry had been greatly reduced and the "stagger" system of part time work had become universal. The Department of Commerce's index of employment in the iron & steel industry was at 72.4% in July against 87.3% a year before. The result is a large "floating surplus" in steel towns. If the 517,000 steel workers whose pay was cut, or was in danger of being cut, were to walk out, many of them would find their jobs readily filled...
Brothers, Last week Iron Age, whose subscribers are hard hit by the stoppage of railroad buying, said: "It is believed the railroads must follow whether they obtain partial relief through rate advances or not." The railroad Brotherhoods stoutly, even bitterly retorted that rail wages must stay up. It is in these Brotherhoods that U. S. Labor has established its strongest citadel and it is here that the wage-fight will reach its crisis. Although a 10% wage reduction would benefit the carriers as much as a blanket 15% rate increase, there have been no cuts except among salaried workers. Rail...
...fortnight ago was golden) gyrating madly up and down between $4.40 and $3.45 not a single exchange in Europe could function freely. Berlin's exchange was "closed indefinitely." From Berlin to Bucharest the governments of Eastern Europe either banged shut their bourses or chained up bear traders with iron rules. Tokyo's exchange was shut. Chileans learned, not without grief, that half the Central Bank of Chile's "gold reserve" is in British pounds-i.e. has turned to paper. Even Paris, where lies 20% of the world's banking gold, was uneasy, extra prudent...
Helen Hicks played Enid Wilson in the semifinals. In the second round, after being one down at the 16th, she had barely managed to beat Marion Hollins with a perfect iron shot at the 17th and another on the 19th. Her match against Enid Wilson was close but not quite so exciting. Helen Hicks got the sovereign on the 17th green, played out the bye hole for a 79-two under women...
...There will be discussion on extending the present Franco-German cartels in the iron, steel, dyestuffs and potash industries...