Word: tungsten
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...prices for war materials. They had cornered the Mexican mercury market and bought considerable stocks of molybdenum by offering $4.74 against the U. S. price of $4.43 for mercury, $3.55 against $2.75 for molybdenum. They offered 5 to 6% more than U. S. prices for Mexican antimony, copper, fluorspar, tungsten. Another Mexican motive was thought to be a covering move against possible U. S. embargo pressure: Mexico could tell the U. S. she would gladly embargo oil, but could not block operations of Japanese-controlled firms actually operating in Mexico...
...Authorized Secretary of Commerce Jesse Jones to lend China $25,000,000 for $30,000,000 worth of tungsten, needed for defense...
...also indicted (along with its subsidiary Carboloy Co.) for a 1928 patent deal with Krupp on tungsten car bide alloys. President L. Gerald Firth of Firth-Sterling Steel Co., one of Carboloy Co.'s three licensees, applauded...
...then Alaska has ex ported more than $1,250,000,000 in fish, furs, gold and other metals. And Alaska's 70,000 inhabitants (half of them Indians) have not yet scratched its natural resources, which include water power, lumber, oil, iron, zinc, copper, chromite, antimony, nickel, platinum, tungsten. But Johnson also got his money's worth in natural defense, for today Alaska is one of the U. S.'s two most important outposts against invasion from the Pacific (the other: Hawaii). Today Army and Navy are rushing to spend more than six times what Alaska cost...
...engines. Commissioner Stettinius cheerily reviewed his studies of raw materials which the U. S. would need and might not have in wartime, said: "The situation . . . is more hopeful than we anticipated six weeks ago. . . ." For an example of heartening speed, he told of hearing about a stock of tungsten and antimony "near Indo-China." The supply was bought, loaded on a U. S. ship, on the way to the U. S. within 48 hours...