Word: steel
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Dates: during 1960-1969
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...houses of Cousteau's underwater village are strong-walled steel chambers, roughly cylindrical. One of them has four rooms off a central hall. Their air is supplied by pipeline from the surface, and their purpose is to prove in a preliminary way that men can lead submarine lives for long periods under increased air pressure and sally periodically into the water to explore, catch fish or perform scientific experiments. If they do not return to the low-pressure surface, they will not suffer from the divers' nightmare, "the bends," which is caused by bubbles of nitrogen released...
...within a few miles of Con Ed's projected installation. To reduce this danger to a minimum, the plant proposed for the Borough of Queens, on New York's East River, will have fantastically elaborate safeguards. The reactor core will be housed in a pressure shell of steel 121 in. thick, weighing 627 tons. It will be fitted with numerous devices to shut it down instantly if anything goes wrong. Above the reactor are reservoirs of water doped with a "poison" that stops a chain reaction by absorbing neutrons. In the unlikely event that the pressure shell ruptures...
...have produced countless efficiencies. In the stockyards of Chicago and Omaha, steers are turned into sirloins aboard conveyer belts that help packers to process 70 cattle an hour, compared with 40 a few years ago, and to do the job with 60 men instead of 150. Jones & Laughlin oxygen steel furnaces in Cleveland recently poured 491 tons of steel in one hour, compared with 60 tons for a similar-sized open hearth shop. Last week Reynolds Metals Co. announced that it had developed a laboratory method of turning bauxite into aluminum without first reducing it to alumina powder,* and that...
Problems & Prospects. Increased productivity helps explain relatively stable prices and declining labor costs in a time of economic growth. U.S. Steel's labor costs per ton of steel shipped in 1962 were the lowest in three years. But the increase in labor efficiency also adds to the nation's problem of unemployment -which rose to 4.8 million job hunters last month. A decade ago, one new job was created with every $10,000 gain in the gross national product; now the increase has to be more than...
...Market a first-quarter trade deficit of $750 million, and brought about a much more competitive export situation between the Common Market, Britain and the U.S. Rising wages stimulated a consumer-goods boom that has kept the market growing despite a general slackening in capital goods investment. Common Market steel production, at 39 million tons in the first half, was the same as last year's first-half rate, but chemical production is rising by 10% and auto output 15%, should reach almost 5,000,000 cars this year. In growth of gross national product, the Common Market...