Word: youngstowns
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...issue of the Youngstown Vindicator appears an article, quoting an unsigned letter from the mother of a Radcliffe girl, which was printed in The Harvard Crimson...
...Harvey S. Firestone Jr., chairman of the Firestone Tire & Rubber Co.; William E. Leahy, Washington lawyer; Russell C. Leffingwell, Chairman of J. P. Morgan & Co.; Charles H. Silver, vice president of the American Woolen Co.; and the Most Rev. Emmett M. Walsh, Coadjutor Bishop of the Catholic Diocese of Youngstown, Ohio...
...year long, in the sky over Pittsburgh, Youngstown and a dozen other steel towns, there was a pillar of smoke by day and the glow of fires by night, as the mills worked at capacity. They ladled out 97 million tons of the metal, almost 10 million more than in the peak year of World War II, and twice as much as all the steel mills in the rest of the world...
...boost its steel production, Youngstown Sheet & Tube Co. last week announced a $90 million expansion of its East Chicago (Ind.) mill. With 75 new coke ovens and a new 1,400-ton blast furnace, the new plant will raise Youngstown's steel ingot capacity by 20%, its pig iron capacity by 15%. When the new ovens are finished, Youngstown will move from sixth place among the steelmakers into a tie with fifth-place National Steel Corp. (capacity of each: 5,200,000 tons...
...Youngstown's expansion is part of a $470 million program by 18 U.S. steel companies, undertaken with an assist from the Government. The National Security Resources Board earlier this month gave the companies "necessity certificates" allowing them, for tax purposes, to write off about 75% of the cost of expansion in five years, instead of the usual 15 to 20 years. Thus, most of the cost of expansion will come out of money that would otherwise be paid in taxes...