Word: shutdowns
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Much Damage? The timetable could be upset by the extent of damage to furnaces during the long shutdown. In some cases, the interior brick linings have contracted and furnace roofs have fallen in. Steelmen waited anxiously for signs of other damage as the heat built up to 3,000°. What may hold repairs to a minimum is the fact that U.S. Steel, Inland and others kept nonunion supervisory staffs in the mills to keep heat in the furnaces and do some of the basic repair work as the damage occurred. The industry will not know for sure until...
...more layoffs in the next six weeks. More than 410,000 workers outside the steel industry have been furloughed because of the strike; the Department of Labor reports that the layoffs will continue at an accelerating rate as steel supplies are exhausted. Both the number and size of the shutdown plants are increasing...
...September period, but had nine months' earnings of $3.80 per share v. $3.56 last year. Other nine-month steel earnings: 1958 1959 Bethlehem Steel $1.68 $1.75 Jones & Laughlin 1.45 3.15 Wheeling Steel 1.80 2.78 Inland Steel 1.86 1.99 While second-quarter earnings made up for the third-period shutdown for most steel companies, they were not enough for ailing railroads. The New York Central reported a deficit for the third consecutive month, and a cut in nine months' earnings to 52? per share v. $1.56 per share at the end of June. The Pennsylvania had a $2.3 million...
WASHINGTON, Nov. 3--The Supreme Court listened today as government and steel union lawyers debated the legality of a back-to-work order. The Court was not expected to delay its decision long with the steel mill shutdown 112 days...
...professional mediator, but the excitement and expectancy in the audience had soured into disgust at both sides. The fact finders had clearly silhouetted one big fact that the U.S. was discovering on its own: in the 14-week wrangling of the U.S's longest nationwide steel shutdown two immovable forces-Big Steel and the big United Steelworkers-had subjected the nation to an indignity and peril that far exceeded the worth of the points at issue...