Word: scraps
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...proof that builders who are shrewd and careful can ride high in spite of low tides has been provided by the Avondale yards, owned by Manhattan Financier Charles Allen's Ogden Corp., a widely diversified industrial complex (scrap iron, mining equipment, etc.). Avondale has developed a unique mobile assembly line for ships, even builds them upside down so that a welder can work in "downhand" comfort instead of a back-aching "overhead" position. In bidding for orders, Avondale's treasurer, Mrs. Hettie Dawes Eaves, employs a computer that figures the costs of 4,000 operations, is far more...
...compact companies also have special problems, are more vulnerable to competitive setbacks than their big brothers. Like many other small firms, Northwestern Steel and Wire of Sterling, III., is feeling a profit pinch because scrap prices have jumped sharply in the past few months. A surge of imports of barbed wire and nails has hurt Peoria's Keystone Steel, which specializes in those products. Some small steelmen complain that they have difficulty borrowing to expand and modernize, since bankers tend to favor the larger firms. But the small ones often manage to be more daring than the conservative giants...
...Ominous. For the price watchers, there have already been a few disturbing signs. In its latest survey, the National Association of Purchasing Agents found more prices going up than down. The prices of such basic metals as aluminum, copper and tin have risen. Scrap steel, electric motors and corrugated paper cartons are all more expensive now than a few months ago. Last week the major U.S. tire companies agreed that there should be an increase in the price of replacement tires - perhaps by 3% - to cover wage and benefit hikes won by workers...
...Every damned time I turn around," says Panama City, Fla., Scrap Dealer Joe LeSuer, a disillusioned Democrat, "there's some federal man in here telling me what I've got to do. Hell, I spend 60% of my time making out infernal forms that if I don't make out they can arrest me for." To Chicago Industrialist Robert Galvin, chairman of Motorola Inc., it amounts to a resistance to being "averaged down...
...Paris. The much-touted duel between Ferrari and Ford turned out to be a bust when none of the three new Ford racers-first team entry by a major U.S. manufacturer at Le Mans since 1928-managed to finish. California's Dan Gurney and Bob Bondurant saved a scrap of prestige for the U.S., placing fourth overall and winning the grand-touring championship in a Ford-powered A. C. Cobra. But Ferraris finished one-two-three, giving old Enzo Ferrari a record fifth straight Le Mans victory. >Santa Claus: the l½-mile Irish Sweeps Derby by a lazy...