Word: anacondas
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Dates: during 1960-1969
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...Shell-Shocked." Companies like Anaconda and Kennecott, which both have giant mines in Chile, are not so happy about the increase. They remember that, in the volatile copper market of the past, exorbitant prices have driven buyers to find-and stay with-such substitutes as aluminum and plastics. And if the "fixed" 42? price is high, the uncontrolled price is even higher. The large companies, which set their own price, normally sell only to large and regular customers; smaller buyers must compete for the remaining 30% of the copper supply on commodity markets like the London Metal Exchange, where last...
...news at one of those evening press conferences that threaten to become habitual, left little doubt as to what he thought about copper's price rise-or anyone else's. "By definition," said McNamara, "a price increase is inflationary." Reacting even faster than the aluminum producers had, Anaconda and Phelps Dodge within 45 hours rolled back their 51% price rise, cut the cost of copper from...
Clearly, verse was not Faulkner's form; but talent will out. Here and there beneath these slight conventional measures, the primeval force that fills the novels flexes disturbingly, like an anaconda in organdy...
...include new facilities in Latin America, including Dow Chemical, General Motors and Chrysler, all of which are building large new plants. U.S. Steel, Union Carbide and Alcoa are considering multimillion-dollar expansions there. Chile's government has persuaded its U.S. copper companies-Cerro de Pasco, Kennecott and Anaconda-to invest $410 million by 1970. Venezuela has done such an effective job of mopping up its Communists that Jersey Standard's Creole and other oil companies, which transferred more than $100 million out of the country in 1962 and 1963, are pumping capital back in again, though...
EMMELINE BARBOUR Anaconda, Mont...