Word: youngstowners
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Dates: during 1950-1959
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LATEST STEEL merger may be blocked by the U.S. Justice Department. Worried that the combine of second-place Bethlehem Steel Corp. (after U.S. Steel) and sixth-place Youngstown Sheet & Tube Co. might restrict competition, Antitrust Chief Stanley Barnes is holding up approval, may carry his problem to President Eisenhower...
...greatest realists America has produced were men of the late 19th century: Philadelphia's Thomas Eakins and New England's Winslow Homer. The Eakins and Homer opposite are public favorites respectively at the Fort Worth Art Center and the Butler Art Institute (in Youngstown, Ohio). These are not subtle or even vastly skilled pictures, and they hardly relate to European traditions. Eakins' gawky and youths are a far cry figure from the bland, beautiful athletes of classical sculpture and Renaissance figure painting. Homer's schoolboys-like real ones-are more energetic than graceful...
...stock swap or outright purchase, Nash and Hudson became American Motors, Hilton Hotels took over the Statler chain, Mathieson Chemical and Olin Industries combined. Still more big mergers are in the making throughout industry. Packard and Studebaker stockholders vote this week on consolidating. Bethlehem Steel is talking merger with Youngstown Sheet & Tube, and Textron is working on a three-way merger with American Woolen and Robbins Mills...
...promote the Ungava project in the U.S. Steelmen in the U.S. were beginning then to realize how seriously two world wars had depleted the U.S. Mesabi Range. Humphrey and Timmins managed to convince some of them that Ungava could be a new Mesabi. Six steel companies (Republic, Armco, National. Youngstown, Wheeling, Hanna) agreed to finance the project and buy Ungava...
...capacity) and first-half earnings ($19.4 million). Bethlehem Steel's Chairman Eugene G. Grace also reported profits 7.8% ahead of a year ago ($31 million). Grace went on to confirm reports that Bethlehem, the country's second largest steelmaker, was talking merger with the sixth largest, Youngstown Sheet & Tube (TIME, Aug. 2). The announcement sent the stocks of both companies sharply higher, Youngstown rising 5⅛ to 58 in a single day and Bethlehem gaining...