Inland Steel's Ingots Used to Pad Prices in Cold Cash Ploy
Inland Steel Co faced Senate scrutiny as Joseph L Block testified on ingots mashed into sheets sold to brokers and manufacturers. Wakoff profited by reselling sheets at higher margins, with losses and wastage cited. Inland vowed not to mash ingots for brokers again, targeting direct customers and rejecting middlemen.
MENTIONED IN THIS ARTICLE
Cme
David L Wukoff
Pittsburgh
Wakoff
St Loms
Herbert Kutz
Kutz
New Jersey
Saleswanager Block
Wilkoff
Black market steel racket and Inland Steel remark
The article cites Willoit, a four-decade steel and scrap veteran, accusing Inland Steel of involvement in a black market scheme selling steel plates worldwide. It notes profits, lack of direct accusations against him, and concern over profit checks and future losses for Inland.
Oldest Scout 84 Fulfills Dream to Fly to Sweden
Karl Asplund believed to be the world’s oldest Scout, aged 84, realized his wish to visit his 86 year old sister in Sweden. A retired carpenter and Shabbona Boy Scout Council volunteer, he inspires youths with daily good deeds and sponsored a 250-strong ham dinner. A scout leader provided the remaining travel funds from a $1700 fund, enabling his Stockholm trip.
MENTIONED IN THIS ARTICLE
DL. Umamles
Lil
Karl Asplund
Sihnas
Asplund
Sweden
Shabbona
Boy Scout Council
Warren Rehm
Kerstin Ahlin
Fredsgalan Sala Sweden
Rehm
Stockholm
Townsoconie
First Maryland women face jury duty but many refuse
In Baltimore the first wave of Maryland women eligible for juries encounters widespread reluctance. Judge Michael J. Manley meets about three thousand women as he surveys acceptance and hears excuses ranging from home repairs to health issues and family needs. He notes several women delay service citing imagined burdens and flirt with escape from this historic obligation.
MENTIONED IN THIS ARTICLE
Baltimore (P
Maryland
Michael J. Manley
Baltimore City
Steels Coal Stocks High
New YorkWP steel firms report several weeks of coal and coke on hand to run operations. Iron Age notes a potential strike could curtail blast furnace work due to high-grade metallurgical coke shortages. Ingot production hits a peacetime record of 97.5 percent of capacity, up from the prior week.
MENTIONED IN THIS ARTICLE
New York
Paper
Iron Age
Lockheed Faces $750000 Air Suit
New York report states Lockheed Aircraft Corp of Burbank California named defendant in a federal suit by Transcontinental and Western Air Inc seeking 750000 for the loss of a four engine Constellation after a July crash near Reading Pathat. The complaint alleges the craft was inadequately equipped.
MENTIONED IN THIS ARTICLE
New York
Lockheed Aircraft Cop
Burbank_ Calif
Transcontinental and Western Air Inc
Reading
Pathat
Tur Imen
Denios Protest On Rite Cairops Pasha Denied
Mahmoud Fahmy Nokiashy Pasha denied to my that the French government had protested the presence in Egypt of Abd E Kim the old lime Ruff fighter. At the same time Shiber Arsenyas French ambs sent to Cgypt said he had been called home for discussions.
MENTIONED IN THIS ARTICLE
Denios
RITE
Public Runs Wild After Excitement Declared by Union College Leader
President Carter Davidson of Union College Schenectady warned that the American public has run wild after gambling dangerous driving and even lynching in a bid for excitement. In an address for the first Buffalo University commencement he said the trend confuses excitement with pleasure and enjoyment.
MENTIONED IN THIS ARTICLE
Carter Davidson
Union College
Schenectady
Davidson
University of
Also Mentioned on This Page
Othman
Frederick Cothman
Washington
Inland Steel Co
Willoit
Sngoss
Rusta
Jeff Ins
Robert Quillen
New
Heart of
Times Square
43Rd St
Broadway
Chappells
Leaftimer
Lez
Manley
Serous Wiich
Maryland General Assembly
Steels
Baldwin Aerosonic & Kimball
Stone Piano CO
S. Salina St
Syrac
Lockheed
Olds
Qaeh
Westinghouse
Ric Coh
Ed Westinghouse
JES
Ston
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