Word: steelmen
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Dates: during 1940-1949
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...sale did not mean that Climax was broke. Since steelmen recognized molybdenum's .value in making tough, rugged alloys, Climax has become the biggest thing in Leadville as well as in the "moly" business, has paid almost $26 million in dividends in the last five years. The company had $8,678,521 in the bank at the beginning of 1940. But Climax refused to pay what it considered an exorbitant...
...Batt's indications were no mirage, they meant the end of one of the stormiest battles yet behind the scenes of the Defense Commission. Opposed for weeks were stand-pat steelmen, represented in the Commission by American Iron & Steel Institute Secretary Walter Tower, and expansion-minded New Deal staff economists, who want enough steel to handle defense and normal steel needs both. Mr. Tower has frequently boasted of the industry's readiness to handle any emergency without expanding. Republic Steel's Tom Girdler echoed him: "If ev erything in this country was in as good shape...
Most stock-minded followers of U. S. business judge companies by the dollars they earn for each share of their common stock. But steelmen have a score card all their own for the performance of each of the U. S.'s 15 leading steel companies. This is the dollars each earns per ton of ingot-making capacity...
...four destroyers in its shipyards, $23,500,000 for Reynolds Metals' aluminum plant. Though four Birmingham companies have had educational shell orders for a year and a half, so far not a single shell has left town. Reason: they can't get machine tools. Meanwhile steelmen are racing against the time when they may be called a bottleneck...
...tensile strength of steel, hence will not be used for frame, chassis or motor blocks. But sheets account for half the steel that goes into modern automobiles. If Ford's plastic bodies become universal, total U. S. use of steel may be cut 10%. Worried, steelmen sent a long-nosed research committee to Dearborn last month, have not peeped since...