Word: laughlins
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...this week charged two giant U.S. corporations with holding up the war program. The corporations: No.1 U.S. steelmaker Carnegie-Illinois (U.S. Steel subsidiary) and No. 4 U.S. steelmaker, Jones & Laughlin...
...Randolph Laughlin Marshall...
...Randolph Laughlin Marshall...
Cooking on the financial stove last week was the biggest steel merger since Republic Steel took over Corrigan, McKinney in 1935. The merger: $245,000,000 Jones & Laughlin with $38,000,000 Otis Steel...
Many a steel mill has sidestepped recalcitrant brokers, is buying direct from the collectors. Jones & Laughlin is tearing up and bundling its own jalopies on a small scale. But the trade says this costs J. & L. $9 a car. Since the average cost of a junked jalopy is $15, where is the ceiling? Furthermore, J. & L. has trouble getting enough jalopies...