Word: steels
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Dates: during 1950-1959
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...investment by creating this revolution?" A government minister promised "replacement jobs" for the miners but was hooted down when unable to give any details. Premier Gaston Eyskens refused to consider nationalizing the mines, argued that the liabilities as well as the benefits of the six-nation Coal and Steel Community must be accepted: "Belgium can no longer decide on its own coal policy or even its own economic policy. We have to adapt ourselves...
Prefabs at $59. First model made in the U.S. was almost as big as a commercial laundry machine and cost up to $7,000. Dr. Kolff has now got it down to a stainless-steel tub 24 in. across, 17 in. high. Three-fourths of the artificial kidneys in U.S. use are of this type, made by the Travenol division of Baxter Laboratories. Cost: $1,300. Most important economy feature: instead of big moving parts that took hours to sterilize and set up, the core of the kidney now consists of a disposable unit of cellophane and plastic wire...
...surgeon drills a small, carefully plotted hole in each side of the skull to permit injection of dye for making detailed brain X rays. After two or three days comes stage two: another hole is drilled higher up in the skull, and the surgeons insert an insulated steel wire through three inches of brain until its thickened electrode tip lodges in the thalamus. The outer end is anchored to the skull...
...Wall Street, the message of the steelmen and statisticians came loud and clear. In heavy trading that time and again left the high-speed ticker behind, National Steel gained 5¼ points (to a new high of 84), U.S. Steel picked up 4⅝ (to 944), Bethlehem, Armco and Youngstown all ran higher. And with them went the market. By week's end, shares on the Dow-Jones industrial average had gained 14.24 points to reach a new peak: 602.21, and a level nearly 40% higher than the recession low of 16 months...
...night, over the nation's great steel centers from Sparrow's Point to Fontana, the belching smoke and cherry glow of the furnaces made dramatic testimony to steel's comeback. The order books were filled for months ahead, and the mills were pouring at near-record rates. The figure last week: 86% of the industry's newly expanded capacity, 2,439,000 actual tons and a volume within hollering distance of the 2,525,000-ton alltime peak set in December 1956. As customers hurried to build up depleted inventories and hedge against the threat...