Word: steelmen
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...blocked by a strike. Thus twice frustrated, last week it went into receivership. President Carl H. Henkel was appointed receiver, hopes to keep the plants running. Empire's receivership (involving $20,000,000 in assets) was the first notable one in the steel industry for some time, made steelmen hark back to the similar fate of the $21,000,000 Wickwire-Spencer steel...
...James Augustine Farrell, concluded his remarks amid icy silence. He turned to the press table and said: "This is not to be printed. . . . I'm talking here to a bunch of friends as if I were in a mill, and this is not for publication." Then, 1,000 steelmen cheered...
...slightly from March as was expected, but was the lowest of any year since 1909 with the exception of 1921. Blast furnaces in operation stood at 113 against 116 on April 1. Steel operations throughout the country were placed at 47% against 48% the previous week, and steelmen hoped a gain by Chevrolet might offset Ford's declining production. Scrap prices dropped lower, tin and rail operations fell. The unfilled orders of United States Steel Corp. on April 30 stood at 3,897,729 tons, a drop of 97,601 tons from March 31 and of 456,591 tons...
...finance committee. Last week U. S. Steel stockholders met in Hoboken at the grey, concrete, boxlike building of Hudson Trust Co., occupying the same stockholders'-meeting room used by International Harvester, International Mercantile Marine and many another great industry incorporated under New Jersey's convenient laws. The Steelmen ate a luncheon provided by the Lackawanna railroad, and ratified a plan submitted by Mr. Taylor providing for compulsory retirement of all Steel's executives at a certain age. Chairman Taylor, a deeply religious man (like President Hoover he is a Quaker), chose as this age the Bible...
...especially fond has been familiar to him from boyhood. Gulf States Steel is second in the South only to Sloss-Shemeld Steel & Iron Corp.. but last year operated at a loss. Strategically located, it has been sought by American Rolling Mill Co. and the Eaton interests. Steelmen agree that eventually Republic Steel Corp. will acquire...