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Under industry-wide mandatory priorities, which means that no supplier can sell them except to customers who have priority rating, were 14 materials: aluminum, borax (and boric acid),* copper, cork, ferro-tungsten, machine tools, magnesium, nickel, nickel-steel, polyvinyl chloride (for plastics), rubber, synthetic rubber, tungsten high-speed steel, zinc. Pig iron was soon to be added. So were some heavy chemicals-sulfuric acid and possibly ammonia...

Author: /time Magazine | Title: PRIORITIES: Get in Line, Don't Push | 7/14/1941 | See Source »

...Mandatory priorities" was OPM's phrase for this control. Manufacturer Reeves, many another in his spot understood precisely what the phrase meant. For him, it meant that his aluminum supplier (Alcoa) now had to send its order books to Washington once a month. Somebody in OPM would carefully scan those books, allot to each would-be buyer one of a series of preference ratings. If Mr. Reeves by some miracle were rated AA, his aluminum would be shipped posthaste. But top ratings were reserved for such MUST customers as aircraft manufacturers. Other ratings ran all the way down...

Author: /time Magazine | Title: Priorities Begin | 3/10/1941 | See Source »

...raised the question of the U. S. beginning to take Canadian copper too. Moreover, right up to Christmas during December's acute copper squeeze, the Japanese (and the Russians) were permitted to continue buy ing spot copper for January delivery, al though, by last week, only one big supplier was still promising copper to domestic consumers for delivery as early as March...

Author: /time Magazine | Title: Diplomacy v. Defense | 1/6/1941 | See Source »

...oversold as long as Scandinavian exports are cut off. Also unruffled were coppermen. Their exports to Japan last year were $27,567,000, 15% of output; but the copper market is even tighter than the lumber market, doling out new supplies to defense-favored customers only. Another key Japanese supplier is the machine-tool industry, which has made sales of about $20,000,000 a year to Japan ever since German industry became too preoccupied with its own rearmament to supply such exports. But machine-tool men would not mourn the loss of their Japanese arms-making customers. They...

Author: /time Magazine | Title: FOREIGN TRADE: Japan v. U. S. | 10/21/1940 | See Source »

...continue to fill Defense and consumer needs simultaneously? One narrowing bottleneck is pig iron (TIME, Sept. 23) which Detroit needs for its iron foundries. Another is the foundries themselves, which are being rushed with Defense orders. Still another is the rundown old cotton & woolen textile industry, a large auto supplier which is getting huge orders from Army & Navy. (Already Washington is quietly discouraging Detroit from ordering its wool too far in advance.) Another, vital to makers of accessories, is the zinc industry, for which business is too good for comfort. Zincmen like to sell about 600,000 tons a year...

Author: /time Magazine | Title: AUTOMOBILES: The Outlook | 10/14/1940 | See Source »

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