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...Abolished price ceilings on another broad range of consumer items, e.g., poultry & eggs, soaps, paint, window glass, which are now selling generally below ceilings; and a first batch of industrial commodities, e.g., crude rubber, scrap metals, iron ore, lead, zinc, tin, petroleum & gas products, some of which are pressing ceilings and may well advance in prices...

Author: /time Magazine | Title: THE ECONOMY: Decontrol (Cont'd) | 2/23/1953 | See Source »

...prices (see NATIONAL AFFAIRS) than the law of supply & demand reasserted itself. In areas where shortages still existed, prices moved up. On the West Coast, crude oil went up 10? a barrel, and Socony-Vacuum predicted a nationwide boost of 1? a gallon in the price of gasoline. Scrap copper, supplies of which had dwindled to almost nothing in expectation of a free market, scooted up 4? a lb. to 25?. Since that was more than the ceiling price on refined copper (24½? a lb.), metalmen were sure that the refined metal will spurt closer to the world price...

Author: /time Magazine | Title: STATE OF BUSINESS: Freer & Higher | 2/23/1953 | See Source »

...cars, whereas materials have been allotted for only 1,250,000. Automen have had their hands full getting enough metals for even that many cars. With metals still tight, a bigger test will come when & if ceilings on copper, steel and aluminum are abolished. Since scrap prices are rising, the primary metals are sure to follow if the ceilings come...

Author: /time Magazine | Title: STATE OF BUSINESS: Freer & Higher | 2/23/1953 | See Source »

Although the Archives Room in Widener V is the University's official Hall of Records, it doubles as a four-walled scrap book of Harvard's three centuries. Archivist Clifford K. Shipton '26 stores his collection of momentos on the same shelves as the most revered official documents. Next to a pedantic monograph may be an 1880 rugby football or the obscene Latin sign that once festooned the Yard privy behind University Hall...

Author: NO WRITER ATTRIBUTED | Title: Widener's Catacombs | 2/17/1953 | See Source »

...months to the day after the European Coal-Steel Community treaty (Schuman Plan) was signed and sealed, its six member nations* this week prepared to surrender control of their coal industries to a supranational cabinet: the nine-man High Authority. Europe's scrap-iron trade will be handed over in March, and its steel industry in April...

Author: /time Magazine | Title: WESTERN EUROPE: The Big Market | 2/16/1953 | See Source »

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