Word: steel
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Dates: during 1960-1969
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...Steel may be up. Food may be up. Wages may be up. But, contrary to rumors, haircut prices in Harvard Square shall not be moved, according to the local tonsorial community...
Chicago's Inland Steel Co. has put 233 women on its production lines for the first time since World War II, and the Jewel Tea Co. has hired women as butchers to supplement its draft-depleted supply of manpower. Pittsburgh copper fabricators have had so much of their output pre-empted by the Pentagon that they cannot meet civilian demand for plumbing equipment. Appliance manufacturers, hoping that buyers will not notice the difference, have begun to trim a few inches off their electrical cords. Shoemakers have cut back production of cowboy boots to devote full time to combat boots...
Peace Profiteering. No industrial group has been more affected than metals. In short supply are nickel, molybdenum, vanadium and, most of all, copper. The Government has requisitioned 18% of the copper industry's production. In steel, high-priority Government orders have compelled Allegheny Ludlum to convert its special-metals subsidiary almost entirely to defense production and to delay deliveries of alloys to civilian customers in the transportation, construction, aircraft, electricity and even nuclear-energy fields. Instead of shutting down its Christy Park Works and laying off 500 workers, as it had announced last year, U.S. Steel Corp...
Despite all this, the economy is not so deeply involved in Viet Nam that industry is afraid of peace. Says President Ralph W. Rawson of Firth-Sterling Inc., a Pittsburgh manufacturer of steel for machine tools: "If the war were concluded tomorrow, I think we'd experience a 10% drop in business, but the backlog would be back where it now is within one year." Adds Charles Ducommun, president of Ducommun Inc., a Los Angeles metal supply firm: "A peace market would be a bull market, and most businessmen would happily adjust to it." Manufacturers commonly believe that they...
...swept over the tail structure and would shorten its life span; the fuselage needed to be longer to increase passenger capacity. Working against the deadline, Boeing engineers went back to the drafting board. Last week the result of their work was publicly shown: a redesigned $2,000,000 plywood, steel and aluminum mock-up of the 1,850-m.p.h. SST. Boeing's SST, to say the least, is differ ent. Now 306 ft. long, or twice the length of a present-day 707, it will carry up to 350 passengers, shoot them as swiftly as an arrow from continent...