Word: tener
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Dates: during 1940-1949
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Divorced. Ernest Tener Weir, head of National Steel Corp.; by his second wife, Aeola Dickson Siebert Weir; after 16 years of marriage; in Okeechobee...
...sheet and strip mills to study whether they might be converted to plate production. Present annual plate capacity is some 6,500,000 tons; it was hoped that 1,500,000 tons could be added to this by conversion right away. One example was announced last week: smart Ernest Tener Weir's National Steel (see p. 74) is rearranging its Great Lakes subsidiary (hot-rolled strip and sheets) to provide 300,000 tons of light plates, saving at least a year over the time it would take to build a new mill...
...Ernest Tener Weir and his National Steel Corp., No. 5 U.S. producer, last week resigned from American Iron & Steel Institute. Mr. Weir gave no explanation. Explanation was superfluous, in view of the history of the past two months. In that period he had twice kicked the industry soundly in the rump and his competitors were angry...
...decree threw the steel industry into an uproar of protest. But the uproar was nothing compared with the indignation aroused when Steel Tycoon Ernest Tener Weir lined himself up on Henderson's side this week. Figuring the wage increase his National Steel precipitated earlier this month would cost the industry not more than $135,000,000, he termed the amount "insignificant" compared with Government defense spending. Said he: "There are no facts available today on which ... to determine the necessity of a price change now. ... It won't hurt the industry to take three months to produce facts...
First major product whose price was dumped in Leon Henderson's lap was steel industry's biggest raw material and key to the whole U.S. price structure (see above). Last week C.I.O. and C.I.O 's archenemy, Ernest Tener Weir, combined to make many a steel producer talk about upping his price tags...