Word: pulp
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Dates: during 1940-1949
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...Industrial Conference Board reported that 13 of the 25 industries it surveys monthly are now forced to pay overtime wages because they haven't enough workers to go around 40 hours a week. (Latest industries to start operating over 40 hours a week: electrical manufacturing, lumber & millwork, paper & pulp.) Last week too the U. S. Civil Service Commission was scouting for 600 skilled workers for the Frankford (Philadelphia) arsenal. In Ohio, 4,500 production workers will be needed for a new shell-loading plant near Cleveland; at Cincinnati, Wright Aeronautical's new engine plant will shortly be looking...
...scrap moved out of the U. S.-Asiatic limelight, many a more innocent-looking export and import commodity moved into it more & more: cotton, textiles, rubber, tin, lumber and pulp, drugs, toys, machinery, pepper, hides, wool, silk. Businessmen in these lines had reason to ponder the course of Washington-Tokyo diplomacy. For if the U. S. went to war with Japan, an enormous two-way trade across the Pacific would...
Other non-munitions exporters to Japan are lumber and pulp men on the Pacific coast. Their Japanese pulp market, especially rayon pulp, normally accounts for a healthy margin of their business. But lumber and pulp men were not losing much sleep last week. Already oversold, they figured on remaining oversold as long as Scandinavian exports are cut off. Also unruffled were coppermen. Their exports to Japan last year were $27,567,000, 15% of output; but the copper market is even tighter than the lumber market, doling out new supplies to defense-favored customers only. Another key Japanese supplier...
...seen it in the movies, perhaps, or read it in the magazines. There are always some aloof, self-confident seniors, a middle group of rowdy juniors and sophomores, and then the great mass of freshmen, timid and unsure of themselves. It would be hard to convince the scenario and pulp writers that there is anything wrong with this picture, but if you look closely in the Yard this weekend, you may discover that it isn't entirely accurate. Of course, you Freshmen will be there, feeling, and looking, a little strange and out of place in your new surroundings, bewildered...
World War II has done more than turn the U. S. into an exporter of pulp. Pulp prices have soared, are 50% above what the industry itself regards as normal. Contract prices on domestic kraft pulp have jumped from $25 a ton to $61 ; bleached No. 1 book sulfite pulp, at $72.50, is 45% above August 1939. For integrated paper companies with their own pulp supply, this is caviar. International Paper & Power earned $3.61 a common share in six months ended June 30 as against a deficit of $1.22 last year. But for the nonintegrated units ("converters," who buy their...