Word: scrapped
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Dates: during 1930-1939
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Last week the most resounding front was the Northwest with Portland, Ore. as the appallingly confused pivot. The lumber industry, accounting for nearly one-half of the city's payrolls, has been tied up for more than three months by the scrap between C.I.O.'s International Woodworkers of America and A. F. of L.'s United Brotherhood of Carpenters & Joiners. On the basis of signed petitions, the National Labor Relations Board last month certified a C.I.O. majority in seven of the biggest sawmills, but A. F. of L. pickets continued to march. Dave Beck's teamsters...
Outward-bound to Rotterdam with a treacherous cargo of scrap-iron last week, the 5,815-ton Greek freighter Tzenny Chandris had barely cleared the port of Morehead City, N. C. when in the lash of a whining nor'easter she sprang a leak. After a three-day battle against heavy seas, the boat was in bad shape off Cape Hatteras. her frightened crew of 28 begged Captain George Coufopandelis to flash an S. O. S. to one of the several vessels which passed by. But he ordered them back to the failing pumps, confident the old freighter, bought...
...Scrap dealers consider it an insult to be called junkmen, have their own national trade body, the Institute of Scrap Iron & Steel, Inc. Nonspecialist dealers who are equally touchy are organized in the National Association of Waste Materials Dealers...
...steel industry last week was operating at 36.4% of capacity. Steel scrap, which accounts for nearly one-half of new steel, sold for almost $22 a ton in April, was down last week to $13.41. These melancholy facts trouble everyone in the junk business.* In Chicago the junk business is especially troubled, for retail junk shop owners for the last two months have been having trouble with the men who collect and sell them their scrap. About 1,500 junkmen, members of the United Junk Peddlers' Association-a C. I. O. affiliate -struck against the retailers for union recognition...
...securities was last week to be found in a quick glance at business indices, virtually all of which continued down, down, down. Steel production was estimated by Iron Age at 48% of capacity, some 26 points below the same week last year and 44 below the May high. Scrap, which is an almost infallible index of future steel operations since more than half of steel production is melted scrap, dropped 25? to $14.75 a ton, compared with $22 in mid-August. Dun & Bradstreet reported that retail trade was still from 4% to 15% above 1936 but by a steadily narrowing...