Word: metalized
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Dates: during 1940-1949
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...Case of Meadville. To most of Meadville's 18,919 people the priorities cloud last week looked no bigger than a man's hand. They knew that Talon, Inc. (zipper manufacturers) had been unable to buy any metal since Aug. 1, had laid off 800 of its 5,219 Meadville workers, had only enough inventories to keep going until next month. But Meadville has led a charmed life. Thanks to Talon's spectacular growth and a new American Viscose Corp. rayon plant, it scarcely felt the de pression of the '305. None of its three banks...
Plymouth has switched from aluminum to cast-iron pistons, is using more of Chrysler's new Amola steel-a high test metal using no imported alloys. Their prices still unannounced (rumor: a $100 boost), Plymouths come in eleven body styles (13 last year), and such defense-conscious colors as Airwing Grey, Battalion Beige, Artillery Green. Horsepower is up from 87 to 95 with no up in gas consumption...
This encouraged inventory hoarding, which 0PM did little to stop. Only last month did OPM undertake its own surveys of defense metal inventories. These surveys, which will be speeded up by SPAB, will establish for the first time whether materials are really short or only hidden. Two big hoarding suspects: Army and Navy, to which OPM always granted priority ratings as a matter of course. SPAB will apply the yardstick of immediate needs to Army and Navy orders the same as any other...
From at least one business source came evidence that some businessmen are more concerned with the danger of inflation than with any past quarrels with Leon. Editorialized the American Metal Markets: "For the edification of those Congressmen who are enjoying their verbal tilts with Leon Henderson, it might not be amiss to present a picture of the No. 1 defense industry-steel-suffering from lack of raw material because committeemen delay . .. price authority and suitable penalties. . . . It may be that Mr. Henderson is not temperamentally the best man . . . but his honesty, patriotism and ruggedness are beyond question. . . . Price chaos...
...plants will be in Massena, N.Y., the Bonneville Dam region, somewhere in Arkansas. In Arkansas Alcoa will also build a plant to produce 400,000,000 lb. a year of alumina (intermediate step between bauxite ore and the finished metal). The plants (cost: $52,000,000) will be operated by Alcoa under a five-year lease. For its managerial services, Alcoa will get a meager 15% of the profits, the Government the rest...