Word: zinc
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...soft drink and brewing group reached its high in January 1950; a year later, copper stocks, retail stores and steels reached theirs. Two years ago the ethical drug stocks reached their top, followed within a few months by such groups as agricultural machinery, mining and smelting, distillers, lead and zinc, and textiles. Thus, all these turndowns had come long before the 30 Dow-Jones industrials reached their peak of 293.79 last January...
...supply $150 million worth of goods, including coal, rolled steel, copper, zinc and aluminum, four-fifths on credit, and to hand back 33 requisitioned plants...
...those of such critical metals as tin, chromium and copper. In the shake-out that started in commodities almost a year ago (TIME, Oct. 20), the overpriced metals began losing some of their altitude. Last week, in the wake of the Korean truce, they were dropping again. Lead and zinc were selling near their June 1950 levels; tin had fallen 35.8% below its February high of $1.21½ a Ib.; chromite ore was down 42.6% to $56 a ton and still falling...
Rolled Sheet. The first pre-packaged rolls of sheet metal for do-it-yourself householders were put on sale by Illinois Zinc Co. Made of a nonrusting zinc and copper alloy, the sheet metal can be used for roof and gutter repairs, etc. Price: $1 for a 12-by 30-in. roll...
...June, Simpson & Co. brought forward a new bill to amend the Reciprocal Trade Act. This "second Simpson bill" was as frankly protectionist as the first. Among other things, it would have set higher duties on lead, zinc and watch movements, imposed quotas on oil imports, made it easier for domestic producers to seek relief from the Tariff Commission. Simpson avowed that under his bill manufacturers could get "50% more protection than under the Smoot-Hawley...