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Word: steeled (lookup in dictionary) (lookup stats)
Dates: during 1930-1939
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Four months after the War broke out the New York stockmarket reopened. At their highs of 1915, machinery and machine equipment company stocks had appreciated 458% over their pre-War level. General Motors stock appreciated 452%. Stocks of steel and iron companies, exclusive of U. S. Steel, rose 293%; chemical concerns, 117%. At the other end of the table, gaining little, were the railroads and utilities, whose price structures were under the supervision of the Government. Tobacco and cigaret manufacturing stock appreciated only...

Author: /time Magazine | Title: Background For War: The Neutrals | 8/14/1939 | See Source »

...from the start") and bent their energies to help. When Allied purchasing agents in the U. S. began fruitlessly bidding against one another, the Morgans became central purchasing agent to the Allies, and Morgan Partner Edward R. Stettinius (whose Son Edward was to become chairman of U. S. Steel 21 years later) bought $3,000,000,000 worth of U. S. goods for shipment to England and France...

Author: /time Magazine | Title: Background For War: The Neutrals | 8/14/1939 | See Source »

...whole period, 1916 was the bonanza high point; common stocks of sixty-eight major U. S. industrials paid a total of $724,900,000 to investors during that year. Du Pont, Hercules Powder Co., Remington Arms, Savage, and Winchester Arms all got big Allied orders for munitions. U. S. Steel converted a deficit of $1,700,000 before common dividends in 1914 to a net for common of $50,600,000 in 1915 and $246,300,000 in 1916. Copper went to 28? a pound in 1916 (it was stabilized in the fall of 1917 at 23?). The automobile industry...

Author: /time Magazine | Title: Background For War: The Neutrals | 8/14/1939 | See Source »

...neutral in another world war like the last. Subsidizing merchant shipping is the only way that the U. S. can keep its flag on the high seas. In a world war U. S. shipping might become a highly profitable business. Keeping heavy industry, particularly steel, busy is a No. 1 national problem. In a war steel, copper, chemicals, oil would be due for a boom...

Author: /time Magazine | Title: Background For War: The Neutrals | 8/14/1939 | See Source »

...Pont, Monsanto, Union Carbide, General Electric, General Motors, Corn Products, American Can, International Nickel, Standard Oil of New Jersey, Texas Corp., National Steel, Liggett & Myers "B," Reynolds Tobacco "B," U. S. Tobacco, American Telephone, Consolidated Edison, Public Service of New Jersey, Eastman Kodak, International Harvester, Procter & Gamble, Sherwin-Williams, Union Tank Car, American Chicle, Beech-Nut, General Foods, J. C. Penney, Sears-Roebuck, Commercial Credit, Commercial Investment Trust, Household Finance, International Business Machines, Allied Chemical, New Jersey Zinc, Homestake, Phelps Dodge, Bristol-Myers...

Author: /time Magazine | Title: SECURITIES: Trustees' List | 8/14/1939 | See Source »

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