Word: rubbered
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Dates: during 1930-1939
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...president, John A. Phillips, the Federation instead constituted itself the 18th State Industrial Union Council organized by C. I. O. At its convention last week, attended by more than 1,000 delegates representing some 500,000 organized workers mainly in the mining, steel, aluminum, flat glass, textile, rubber and electrical industries, C. I. O. stalwarts appropriated Typographer Phillips as their president, supplemented their noisy endorsement of Miner Kennedy with a sheaf of resolutions militant enough to give the jitters to Miner Green...
Even Heavyweight von Helmholtz was unable to explain what made the simplest wheels of a musical composition go round. But ever since his time rubber-gloved scientists have been trying to get music and musicians into test tubes and under microscopes. Today's No. 1 and 2 musical microbe hunters are flute-playing, Einstein-disputing Professor Dayton C. Miller of Cleveland's Case School of Applied Science, and Iowa State University's dapper, white-haired Dean Emeritus Carl Emil Seashore. While Physicist Miller has succeeded in taking up where the doughty von Helmholtz left off, Psychologist Seashore...
...rubbermen created the International Rubber Regulation Committee- a cartel that represents 98% of the world's rubber producers. The I. R. R. C.'s aims are two:1) to establish and maintain a base limit to rubber planting, 2) to fix quarterly quotas on the amount of this rubber that is marketable...
Last spring, with rubber bounding over the 25?-per-lb. level for the first time since 1929, the I. R. R. C. met in London, upped the rubber quota for the second half of 1937 to 90% of the base (TIME. March 29, 1937). Almost immediately afterward came the collapse of the British commodity boom, and rubber consumption presently slumped about 25%. In the U. S., world's biggest rubber buyer, rubber consumption dropped as much as 8,000 tons per month and the price to 14? a lb. Last December, therefore, the I. R. R. C. again...
...reached 1,380,000 shares before the closing bell brought the debacle to a halt. As the ticker caught up, brokers for the first time in three weeks forgot to talk about Richard Whitney. They were too busy reading that U. S. Steel was down to $44, U. S. Rubber to $25, American Telephone & Telegraph to $117.50, N. Y. Central to $10.50, Pennsylvania R. R. to $15. Westinghouse to $70, Electric Bond & Share to $5, Chrysler to $41. Gloomiest statistic of all was the Dow-Jones industrial average, 106.6, lowest point since June...