Word: steelmen
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...President Fink who best knew the creaking old elevators at No. 52 William Street. Kuhn, Loeb & Co. had helped Mr. Fink build his strategic plant in a bottomless swamp on the Detroit River, thereby confounding more orthodox steelmen who for more than engineering reasons freely predicted that his mills would sink out of sight. When Mr. Fink called with his friends last autumn, the Kuhn, Loeb doors were open. Inside, the triumvirate was greeted by Partner Lewis Lichtenstein Strauss (pronounced straws), who is something of an authority on the steel industry and the specialist- insofar as Kuhn, Loeb has specialists...
...long time it has been since any U. S. steelmaster strode to a rostrum, thrust out his chin and in so many words predicted a more glowing future for the industry than anything in its molten past. Last week's steel production, 23% of capacity, was nothing to make steelmen loquacious. But in Manhattan the learned American Society for Metals heard from the lips of Tom Mercer Girdler, steelmen's steelman and president-chairman of Republic Steel Corp., these words...
...answered flatly by Tom M. Girdler, board chairman & president of Republic Steel, who fired a Manhattan meeting of steelmen to lusty applause by saying: "Before I spend the rest of my life dealing with William Green, I'm going to raise apples and potatoes. . . . We are . . . willing to deal with our own employes. . . . We are not going to deal with the Amalgamated or any other professional union, even if we have to shut down...
...dealers. The shifting wind in Detroit cooled Pittsburgh because automobile plants are steel's best customers. Furnaces grew hotter last week but the price of scrap steel was weak. More than one-half of all new steel is made from old steel, and the price of scrap, which steelmen must buy in advance, is regarded as an almost infallible index of steel's near-term future. From a high of $13 per ton in March Iron Age's composite scrap price has dipped...
...millions. She ran her house with the cool efficiency of a military general. All servants were carefully checked in and out of the building and a report of their movements was handed to her each morning. She supervised (but did not attend) the famed "Gary Dinners," where steelmen met to plot the course of their empires. In 1927 she entertained Queen Marie of Rumania, laying the table with her gold service. When the Queen arrived she and seven of the guests were ushered into a special dining room upstairs, while the Garys supped in the sumptuous dining room below. Whether...