Word: stainless
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...Pittsburgh last week the Allegheny Ludlum Steel Corp., largest U.S..producer of stainless steel, lopped 2% off its prices on key grades "to make ourselves competitive." Coming hard on the heels of a recent 12% price slash by California's Kaiser Steel Corp.. which virtually eliminated the historic differential between Eastern and Western steel, and last month's sharp reductions (as much as 19%) in posted prices by the Aluminum Co. of America, the Allegheny Ludlum move was the latest evidence of a general softening in the prices of industrial materials. According to the Labor Department...
...C.E.A. is actually two accelerating devices--a linear accelerator, which feeds electrons into the rings, and the circular "race track" itself. After injection, the electrons whirl around the circular orbit through a slender evacuated stainless-steel tube, The tube lies sandwiched between the jaws of 48 C-shaped magnets, each 12 feet long and weighing six tons. These magnets provide the transverse force which keeps the electrons in a circular path...
Cage and Muzak met several months ago when the composer was presented with a thorny problem involving Manhattan's giant new Pan American Building. Sculptor Richard Lippold, renowned for his glittering geometric structures of stainless steel and gold, had been commissioned by the Pan Am Building directors to design a work for the main lobby. Lippold created The Globe, an immense, shining piece three stories high. The directors were delighted, but Lippold...
...soon as the station was finished, the Pennsylvania Railroad began to tinker with Architect Charles McKim 's open spaciousness. Information desks were placed in the middle of the huge halls. Eventually, to get more revenue for the railroad, advertising signs with blinking lights were hung from the walls, stainless steel booths and shops appeared, new cars were spotlighted on revolving turn tables. The inside of Penn Station became what Lewis Mumford calls "a vast electronic jukebox...
...years, and have actually dropped since January. Manufacturers of some machinery, chemicals, drugs, primary metals, and plumbing fixtures have recently cut their prices as much as 5%. Steelmakers, who tried last April to raise prices, now are quietly offering discounts on line pipe (off 5%), upholstery-spring wire (8%), stainless steel sheets (10%), reinforcing bars (10% to 20%). Not all wholesale cuts trickle down to the consumer, but many do, especially in such hotly competitive sectors as appliances and gasoline. In Detroit the betting is that the new 1963 cars will not carry higher price tags...