Word: scrapped
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...TIME [July 13] in an article on scrap rubber collections, the statement was made: "States that should have given the most gave the least: New Jersey, New York, Pennsylvania, Alabama, the District of Columbia." The facts of the matter are that Alabama's collection during the June 15~July 10 drive totaled some 18,098,811 lb.-a per capita average of 6.39 lb. As in many other States, county salvage committee reports were slow in coming in, but the results were there. Your article, I believe, did an injustice to Alabama, however unintentional. In fairness, allow...
Contributor. In Los Angeles, 90-year-old C. H. Sholes offered his iron bedstead to the scrap drive, explained: "I shall not need it very long anyhow...
...Master, always smooth and smart in a tough spot, was ready for them. News, hey? He'd give them news. Apparently he had rummaged through his desk for every scrap that came to hand. Smiling, urbane, completely at ease in the hot morning, he greeted the reporters much as a managing editor handing out the day's assignment budget. Frontpage, feature stories, straight news, inspirational chats, financial items...
...scrap started when the exchange jolted its members, bluntly told them not to help nonmember firm Dillon, Read & Co. sell 50,000 shares of Standard Oil of Indiana in the over-the-counter market. Everybody saw red. Exchange members were sore because they were cut out of a few badly needed dollars they had hoped to make on the deal; Dillon, Read and other non-members were griped because they lost the expert help of exchange members, had to do the job all by themselves. For starting this rumpus the exchange had plenty reason: it wants to keep all sales...
Thanks to increased carloadings, TIME'S Index crept up to 181.2 (estimated) in the Aug. 22 week, 0.7 point above the preceding week's final figure and 20 points above a year ago. The steel-scrap shortage plagued steelmakers; power production flattened...