Word: youngstowns
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After spinning a fine story of what a dedicated idealist he was, Communist Gates had been asked a few pertinent questions. He had testified, had he not, that he was born in New York? Yes. Then McGohey produced a relief application that Gates had once filled out in Youngstown, Ohio, giving Lakewood, N.J. as his birthplace. Had Gates been using that name since 1932? Yes. McGohey fished out a 1937 passport application in which he gave his name as Isriel Ragenstrich. Had Gates not gone to jail twice? Yes. McGohey confronted him with a previous sworn statement, declaring...
...boss of the small Akron, Canton & Youngstown Railroad, Harry Bartlett Stewart Jr., 44, had spent half his life shipping coal. But Bart Stewart thought there was a better way to do it than by train. Last week, he formed a company to build the longest conveyor belt in the world to haul coal and ore. It would stretch from Lorain on Lake Erie for 103 miles south to East Liverpool on the Ohio, with branch belts to Cleveland and Youngstown...
...year-old President Clifford H. Snyder, who started in business with a $75 second-hand truck. He now runs a company that grosses $25 million a year. Along with Co-Inventors Arnold E. Lamm, Sunnyhill's executive vice president, and V. J. McCarthy, a coal man of Youngstown, Ohio, he built a prototype of the machine around an old army tank, worked out the bugs in a company warehouse, that was guarded day & night...
Strategic Surrender. Then U.S. Steel Corp. made a surprise announcement: with "no recourse other than to comply," it too would switch to an f.o.b. system. Bethlehem Steel Corp., Wheeling Steel Corp., and Youngstown Sheet & Tube Co. promptly followed suit, signaling an industry-wide changeover...
Like widening ripples, the effects of U.S. Steel Corp.'s $25 million price cut last week splashed through the industry. One after another, Youngstown Sheet & Tube Co., Bethlehem Steel Corp. and Jones & Laughlin announced price cuts from $1 to $5 a ton, even though first-quarter profits were down. (Big Steel's were down to $33,957,341 v. $39,234,511 last year.) Republic Steel Corp., third biggest steelmaker, was studying prices, had not yet acted. In all, the nation's steel bill had been cut about $80 million a year, not quite what...