Word: steels
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...higher profits of U.S. Steel require one of two actions-either lower prices to discourage inflation or increase wages to encourage inflation...
While we are in an inflation-conscious mood, we might as well decide to be realistic about the current labor-management negotiations in the steel industry. As long as management is free to set its own prices, why should they bother to do anything else than follow the time-honored pattern of putting up a noisy but purely token fight? All they need do is haggle awhile and then give in. It is the public's money that they are bargaining with...
...Blough, U.S. Steel's chairman, who will have the top say about how much in raises-if anything-will go into the pay envelopes of thousands of steelworkers. See BUSINESS. ¶is for Charlie, Halleck by name...
Even the European Coal & Steel Community, long the shining practical example of a European readiness to surrender some sovereignty, has come upon hard times. For its first six years, its member nations (France, Germany, Italy and Benelux) went along cheerfully with its expansionist schemes to abolish coal and steel tariffs and to outlaw cartels. But in the past six months, slackening European demand for coal, plus U.S. competition, has stacked up 30 million tons of unsold coal (TIME, March 2 et seq.). Fortnight ago, when the High Authority of the community ordered its members to restrict the production and import...
...auto industry showed no signs of braking. May sales rose to an estimated 520,000 or about 4% above April. Despite a tapering-off from April, Detroit poured out 545,000 new cars in May, building up stocks in case of a steel strike. The industry estimated that cars in dealers' hands rose to 900,000, highest in three years, but carmakers did not seem worried so long as sales were still climbing. They plan no major cutback in production until the end of July. The good performance so far this year-some experts predict...