Word: copper
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Dates: during 1950-1959
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...copper producers except Kennecott Copper Corp. upped prices 2? to 24½? a lb. (In the grey market the price shot...
Despite the new rise in metals some metals men thought the worst of the increases about over. Said C. Donald Dallas, board chairman of Revere Copper and Brass Inc.: "There is actually enough metal to support the 1949 level of civilian output, the present high rate of stockpiling and military demands as now forecast." Hoarding and abnormal conditions, he said, have caused "the illusion of tremendous shortages of copper which in fact do not exist...
...Copper. 4. Magnesium...
...example, he said that "foreigners long resident in Moscow" took the "cleaning, painting and construction" going on in Moscow as a sign that Russia was not expecting atomic bombs would soon be falling on Soviet territory. He interpreted "a steady increase in the quantity of pots and pans, copper and brass samovars" as evidence that "the Kremlin does not anticipate requiring these basic materials for war production...
Married. Morton Downey, 48, wealthy radio & TV tenor; and Margaret Boyce ("Peggy") Schulze Hohenlohe, 29, daughter of $85 million (copper) Heiress Margaret Thompson Schulze Biddle; both for the second time; in Hot Springs...