Word: copper
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Dates: during 1930-1939
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Bolivia, not quite over the shock of losing its dictator, half-German Germán Busch, by suicide (Time, Sept. 4), was the only Latin-American country to get the jitters. It restricted imports, curtailed gold shipments, prohibited speculation. But its tin and copper were expected to boom...
Chile, in the midst of Navy war games, declared it would be strictly neutral in the sale of its murderous nitrates and essential copper. Chile was far and away the biggest South American exporter during World...
...Copper...
...Besides its known riches of gold, silver and copper, Alaska has the only U. S. tin deposits...
...stock prices. War markets have a normal pattern: ordinarily, a war scare forces stock prices down (because businessmen want cash) .and commodity prices up (because Governments and corporations want essential supplies). London markets ran true to form last week; most commodities rose because of speculative war stocking (including heavy copper and rubber buying by Germany). Instead of following the pattern, U. S. commodity prices marched downhill like stocks (the Bureau of Labor Index remained at its low; Dow-Jones and Moody commodity indices each fell over a point). Something besides war fear was obviously at work...