Business & Finance: Progress in Steel Scrap

Jesse Jones dipped into his big bag of tricks last week, came up with a crackerjack solution to the steel-scrap shortage: a multimillion-dollar RFC agency called War Materials, Inc., whose only reason for living is to buy at least 5,000,000 tons of iron and steel scrap as fast as possible.

To do the job, War Materials can smash price ceilings right & left. Thus hard-to-get scrap which regular junkmen have bypassed for months (because it was out of reach under OPA's ceilings) will be easy pickings for Jesse Jones. First on War Materials' fight...

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