Word: zinc
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Other things besides stocks were bouncing up. The impact of increased industrial production and Government stockpiling had begun to tighten the supply of metals, driving up the prices of such raw materials as zinc, lead and copper. Despite the great grain surplus, the prices of corn, wheat and other grains also rose because of exports, Government buying and bad weather. As a result, the Dow-Jones index of commodity futures last week rose to the highest level since December 1948. Traders who thought they saw a general rise in prices ahead once more began to talk about buying stocks...
...sudden scramble for materials had once again brought a few familiar whiffs of inflation: steel scrap jumped as much as $1 a ton last week, and the prices of copper, zinc and lead had all bounced higher. Prices of building materials also had moved steadily upward with the upsurge in building. Even Leon Keyserling, acting chairman of the President's Council of Economic Advisers, who had been gloomy about industry's capacity to keep expanding and make more jobs, said: "I am enormously encouraged...
...preparation for taking over his new job at the end of this year, Storke decided to inspect all the Kennecott properties around the world, starting with the company's new titanium venture in Quebec into which-along with the New Jersey Zinc Co.-Kennecott was pouring $25 million. Boss of this project was Vice President Russell J. Parker, 52, one of Kennecott...
...Laurent is Prime Minister of one of the world's richest nations. Canada (pop. 13,000,000) leads the world in production of newsprint, nickel and asbestos; stands second in wheat exports, aluminum and zinc; third in copper, gold & silver mining. The hemisphere's richest uranium mine is in the Canadian North. The vast iron-ore deposits in Labrador and Quebec can replace the dwindling U.S. Mesabi range as the mainstay of U.S. steelmaking. New oilfields in Alberta are already compared to the fabulous wells of west Texas...
...time he was 15, Stan had a steady girl (now Mrs. Stan Musial) who was the daughter of the neighborhood grocer and had some standing in the community as Donora High's star pitcher. He was also bat boy during the summer for the zinc works' semi-pro team, managed by Joe Barbao. One day, with his club shorthanded and his pitcher wilting before the Monessen (Pa.) sluggers, Joe sent Bat Boy Musial to the mound. The rest of the team thought it was a joke until Musial struck out a batter: he wound up by striking...