Word: rustless
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...interests still own most of it. In 1923 Allegheny became the first commercial U. S. producer of stainless steel, licensed under German patents held by the Chemical Foundation, Inc.* Today, with the company near the top of its class, the piles of scrap steel around Allegheny mills are brilliantly rustless...
...micro-organisms.- Researcher Charles S. Ash of California Packing Corp. Tartly the New York Times summed up the symposium: "The responses reveal 300 leaders fluttering unimaginatively on the ground. ... It is impossible for them to conceive Utopia without our cement, our improved bakery, our metal furniture, our tractors, our rustless wire-rope, our quick-drying lacquers...
...with the American Jockey Club, thus officially taking to horse racing like all the other Whitneys. Husband Payson travels much, drives an imposing Rolls-Royce, likes to cruise north in his yacht to Portland, Me. where his family have long been leading bankers. With a clear course for his Rustless Iron, he is now in a fair way to becoming dominant power in the sturdy young stainless steel business. His chief Rustless lieutenant on the technical side is Dr. John Otho Downey, a bright-eyed gentleman who until the War was a physician, then turned geologist, later economist...
Last week Charlie Payson made news with another suit. This time it was for Rustless Iron Corp. of America of which he is chairman and chief backer, and this time he won a clear victory. Rustless Iron was launched in 1926 to exploit the U. S. rights to a simple process for making stainless steel, developed by a fat, genial Briton from Sheffield named Ronald Wild. The Wild process combines chromium and steel in one step where other processes take three steps. Shortly before Metallurgist Wild retired because of poor health in 1931, Charlie Payson became visible in the light...
American Stainless Steel, licensing concern jointly owned by several big independent steel companies, and an alloy-making subsidiary of Union Carbide & Carbon promptly filed suit for patent infringement. The suit dragged out until last week, cost Rustless Iron nearly $500,000 and considerable business from buyers fearful thatthe company would lose the suit and make them liable for damages. So simple is the Wild process that Rustless Iron can make stainless steel at a substantially lower cost than other patent steels. Bulk of its $1,000,000 sales go to Ford, General Motors, American Rolling Mills, Superior Steel...