Word: steel
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Dates: during 1960-1969
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...ring, slightly less than an inch in diameter, made of stainless-steel spring, under study since 1949 by Dr. Herbert H. Hall of New York Medical College...
Housed in a compact building near Boulogne, France, a row of 10-ft.-high steel cylinders feeds high-voltage electricity into cables that cross under the English Channel to link the power networks of two nations. The same sort of tubes will soon be at work in New Zealand and Japan, and the U.S. Department of the Interior hopes to hook them to a pair of 750,000-volt lines more than 800 miles long that will carry surplus hydroelectric power from the Pacific Northwest to consumers in California and Arizona...
Steady Flow. This is the job that has been taken over by the big steel cylinders, otherwise known as mercury-arc valves. Perfected for high-voltage use by Dr. Uno Lamm of Sweden's ASEA company, they are filled with hot mercury vapor and act like instantaneous switches. High-voltage AC from step-up transformers runs into them, and whenever the current changes its direction, it is switched to the opposite pole of a DC transmission line. A bank of valves switching in unison produces a steady flow of current...
European prosperity has produced a strong demand for U.S. capital goods. Westinghouse International, which once considered Latin America its best market, has shifted sights to Europe and now does one-third of its business there in everything from tiny electronic parts to steel mill machinery and atomic power plants. After only four years of concentrated marketing in Europe by bilingual salesmen, Milwaukee's Koehring Co. now has sales of $6,000,000 annually in machines that do anything from die casting to ditchdigging...
Rheinstahl sells steel to Henschel, whose production of heavy trucks complements Rheinstahl's lighter line. Most important, Henschel is at a crossroads where it needs both larger injections of cash and a new guiding light to replace the ailing Goergen. Fritz-Aurel Goergen would be delighted to sell out to Rheinstahl, and in fact began merger talks with Rheinstahl Boss Werner Sohngen more than a year ago, but he owns only 53.9% of the stock. Most of the rest is in the hands of such U.S. investors as Morgan Guaranty Trust, Wall Street's Burnham & Co. and Financier...