Word: stainless
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Dates: during 1960-1969
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...International Nickel Co., the world's largest producer, followed an expensive settlement of a 128-day strike at its Ontario mines by announcing a 24% price increase. The move is bound to have major effects in the U.S. Stainless-steel producers, who use 37% of all nickel, are expected to increase prices shortly, for the third time since January. From nickel-plated auto bumpers to jet engines, many products are sure to cost more...
Appeal to Moscow. A vital element in advanced technology, nickel provides the strength and heat resistance needed for alloys used in jet engines and nuclear reactors. The noncorroding quality that it gives to stainless steel also makes nickel indispensable in spacecraft and SST airliners. The non-Communist world uses 830 million pounds of nickel yearly, and the total has been growing by 10% a year...
Britain, which depends almost wholly on Canadian nickel, has been hurt worst. The country faces what the London Times calls "one of the gravest raw materials crises since wartime controls." Stainless-steel prices have climbed 35% since August. Rolls-Royce is reclaiming the metal from scrapped engines, and some auto manufacturers will probably cut down on nickel-bearing chromium trim. Lord Melchett, head of the British Steel Corp., has appealed to the Soviets, who also produce nickel, to sell more...
...scramble for nickel, some of them patronizing a black market and paying as much as $9 a pound. Small businessmen have taken the hardest beating; they did not have the capital to lay in large supplies before the strike. Eventually, consumers will have to pay more for carving knives, stainless-steel golf clubs, snowmobiles, faucet handles and other nickel-bearing products...
...That commanding teacher Hans Hofmann preached what he called the "push-pull" theory of colors in tension-and practiced it to perfection. De Kooning restored the name of action to artistic thought, slashing at his canvases with inspired passion. David Smith took the grand gesture to sculpture, mounting one stainless steel shaft upon another in marvels of cliff-hanger balance. Later artists like Ellsworth Kelly, Kenneth Noland and Frank Stella solidified and emboldened color and clipped its ragged edges, while Morris Louis thinned his paints to the consistency of water and sent them streaming over unprimed canvas in free-flow...