Word: chileanizing
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...opened a grocery on Baltimore's Den-meade Street, and sired six children. The first was Avonia Delicia and the second Avon (both for the bard's river), the third was Denmedia Marketa (for the store), another was Norma Arica (he heard Norma in Arica, a Chilean port) and the remaining two, for reasons lost to history, were Fearless Mentor and Ravine Silestria...
...last week was caught in the tightest squeeze of its history. Warning that inventories were depleted "almost to the vanishing point," three leading trade groups hammered on Washington's doors asking for a personal meeting with the President. They wanted him to release 100,000 tons of stockpiled Chilean copper, summon a special session of Congress, if necessary...
COPPER PRICES have jumped to 40? a lb.. the highest level in the U.S. since 1872. With the exception of Kennecott Copper, which boosted the price of Chilean metal only, the big companies (Anaconda, Phelps Dodge, and American Smelting & Refining) hiked prices of copper for the third time this year, for an overall 10?-a-lb. increase since January. Reasons: 1) a 15½? wage boost given 35,000 U.S. copper workers after a 43-day strike, 2) a general increase in world copper demand...
...48th Parallel; Standard of California will sell its oil on the domestic market first, be able to export any surplus. Similar agreements totaling $200 million will also be signed this month with Shell Oil and Standard Oil (NJ.) to develop another huge tract in the Neuquen area near the Chilean border...
...four hours with Ibáñez and his chief ministers, Holland got a restrained rundown on Chile's plight. They asked for no U.S. aid, but Chilean economists later told him that at November's hemisphere conference in Rio they will seek creation of a new development-loan bank and price supports for Latin American raw materials. Holland spoke up for broadened trade and private investments, and departed, soberly, for Bolivia...