Word: raws
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...which had soared too high. The recent $6-per-ton boost, said he, was far more than was needed to cover increased labor costs. But the American Iron & Steel Institute figures that while higher prices will yield an additional $200,000,000, wages will be up $130,000,000; raw materials $85,000,000, leaving the industry $15,000,000 the worse. These calculations were on the basis of 1936 operations. With steel production now running at a belching 90% capacity, the Institute's picture may be unduly pessimistic...
...Martin and Richard Frankensteen, C. I. O.'s chief Detroit organizer, started from Lansing over icy midnight roads with an escort of State troopers to call the men out. And that was no easy task. John Lewis' word was by no means law to these thousands of raw recruits in his labor movement. It took Martin & Frankensteen twelve hours of driving, explaining, arguing, but finally, with bands playing and flags flying, out they all marched from the Dodge, De Soto and seven other Chrysler plants. And in marched State troopers to guard Chrysler Corp.'s property until...
...exports of scrap-iron and steel, which is now selling at about $23 per ton, more than 50% above the price a year ago and the highest quotation since 1923; and sending up the price of domestic steel production. In steelmaking, scrap is as important a source of raw material as iron ore. So heavy is the movement of scrap to U. S. seaports that many a railroad has had to refuse further shipments until their yards are cleared of present congestion...
...Raw India rubber is called caoutchouc (pronounced coochook), an English word of Tupian (Brazilian) Indian origin. *Common stockholders received their last dividends...
...carried his case to the public in speech, statement, advertising and labeling. In his brief to his stock-holders last week he argued principally on the ground of national safety. "In spite of war or drought, civil disturbance or disaster, the home refineries always have been able to obtain raw sugar in some quarter of the globe out of which to make the refined sugar requirements of the Nation," rumbled Mr. Babst...