Word: rails
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Dates: during 1930-1939
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Steel is proverbially the heaviest of heavy industry but even heavier is that part of the machinery industry which makes the thunderous tools for the steelmakers-blooming mills, slabbing mills, rail mills, tube mills, hydraulic shears, hot saws, cooling beds, forging presses, pickling equipment, etc., etc. Companies like Westinghouse and General Electric share hugely in the construction of steel mills, for almost all steelmaking machinery in electrically operated, but the machinery itself is produced by highly specialized concerns. And in this subcellar of a steel civilization are two companies that together supply most of the biggest and toughest machinery made...
...human and to me a recent error is most embarrassing. On p. 24 in TIME, Jan. 21 I quote from the article captioned, "Beautiful Boxes"-"Before the contest Mr. Britt's mailbox was propped on a fence rail between tin signs advertising Coca-Cola and a tonic known as DR. PEPPER ('Good for Life...
Bethlehem, No. 2 steel company of the land, actually reported a profit last week, $550,000 as against a deficit of $8,700,000 in 1933. Even more dependent on the moribund rail and building markets than U. S., Bethlehem was operating at 40% of capacity. President Eugene Grace, who has not earned a $1,000,000 bonus in several years, dourly remarked that he could see no reason why operations would not hold at that level for "a little while...
Mounting orders from the automobile industry have accounted for most of the blast furnaces blown in during the past few weeks, but demand from other sources is also swelling. Carnegie Steel last week received a 24,000-ton rail order, equal to nearly 15% of all the rails it rolled last year...
...Some $2,500,000 was spent to check the 539,541 valid registrations (528,005 votes were cast, of which 2,249 were invalid); to set up 860 voting booths in 83 Saar voting areas; to furnish free rail and bus transport within the Saar from voters' homes to the place where they resided when the Treaty of Versailles was signed; and in salaries to 860 neutral poll watchers who were paid about $65 each for their services on the voting day, cheap at the price since they included 360 stolid, super-meticulous Dutch burgomasters. The troops supplied...