Word: rubberizing
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Originally, the Reconstruction Finance Corp. was a Republican baby, but it learned to walk & talk in the New Deal's progressive school. By now it was 18 years old, big for its age, and inclined to lend money as if there was no rubber band on daddy's bankroll. Last week it was asked where all that money was going...
Well, did the rubber garter snakes (TIME, June 12) keep the pigeons away from the West Palm Beach courthouse ledges...
...Slack. Not so calm, however, were the traders in the nation's futures markets, who saw higher prices ahead. For two straight days on Manhattan's Commodity Exchange, the price of rubber soared the permissible daily limit of 2$ a lb. Though Washington officials denied any plans to speed up buying for the Government stockpile (now only about 40% complete), commodity men did not believe them: up also went the futures prices of grains, copper, lead, tin and zinc. In five days, the Dow-Jones index of all futures prices rose 3.95 points to 150.48, highest close since...
...greatest worrying aloud about vital industrial materials was over rubber. To make up for the shortage in natural rubber the Government was already producing about 35,000 tons of synthetic rubber a month in its plants. But Goodyear Tire & Rubber Co.'s Chairman P. W. Litchfield last week said that the U.S. should reopen its other synthetic-rubber plants, boost production to 50,000 tons a month, and build up a stockpile of at least 200,000 tons. Warned Litchfield: "With no stockpile of synthetic rubber, our national security is placed in greater statistical jeopardy than just prior...
...rubber growers got the point. In two consecutive days last week, rubber futures dropped the full legal limit of 2? a Ib. on the New York Commodity Exchange. Indonesian growers scurried to unload, spurred on by the added news that their government plans to slap a stiff 5?-a-lb. tax on rubber exports after July i. At week's end, New York rubber futures had leveled off at 28.9?. With this year's natural rubber production now estimated at 140,000 tons in excess of world consumption, most traders thought that even lower prices were ahead...