Word: rubberizing
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...grisly discovery proved to be only the beginning. With the trusties digging through the night-in exchange for time off from their sentences-police detectives donned rubber gloves and began sifting through the dirt for bits of bone, hair, flesh and clothing. Nine more bodies were recovered from the death shed...
...pinch on U.S. supplies of grain and beef is only part of a worldwide scarcity of raw materials. For almost every important commodity - meat, wheat, rice, soybeans, wool, cocoa, copper, lead, rubber- world production is falling behind ravenous demand, and hectic bidding for supplies is rocketing prices. A Reuters index of commodity prices leaped 91% in the twelve months ended July...
...there has been less love lost than ever. Reason: it is seeking to shrink some of the nation's very biggest companies. In 1972 the division asked the federal courts to order a breakup of IBM. Now it is demanding that Goodyear and Firestone, two giants of the rubber industry, get rid of enough operations to make the tire business as competitive as it was in 1959-when Goodyear accounted for 23% of sales, against 28% now, and Firestone's share was 15%, v. a current 25%. Justice Department lawyers warn that the companies will not be able...
...separate suits filed last week in federal court in Cleveland, the Government accused the rubber companies of a pattern of predatory acts aimed at monopolizing the replacement-tire market. (The companies, it concedes, did not conspire with each other, but followed the same course independently.) Between 1959 and 1966, the suits allege, Goodyear and Firestone cut prices to levels that smaller competitors could not meet. When the rivals ran into financial trouble, the Government charges, the rubber giants bought them out in whole or part, took over their product lines and distribution networks-and jacked prices back up across...
...tender offer is the largest deal that the C.D.C. has so far attempted. The addition of Texasgulf to its portfolio (other holdings: a synthetic-rubber maker, three medical laboratories in Canada) is expected to speed plans to put C.D.C. stock on sale to the Canadian public. C.D.C. is offering $29 a share for 10 million of the Texasgulf shares held by non-Canadians. Those 10 million amount to one-third of the outstanding stock. If more shares than that are tendered, C.D.C. may buy them too. After the bid, the price of Texasgulf shares rose from...