Word: copper
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Dates: during 1950-1959
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...COPPER LODE in Peru, one of the biggest ever found, will be developed by a combine of four big U.S. firms calling themselves the Southern Peru Copper Corp. The new company will be run by American Smelting & Refining Co. with 57¾% of the stock. Others: Cerro de Pasco Corp. (16%), Phelps Dodge Corp. (16%) and Newmont Mining Corp. (10¼%). The company will spend $200 million within five years to develop deposits at 10,000 ft. along the western flank of the Andes, with more than 1 billion proven tons of copper...
...Said Harold Stassen last year: "The U.S. depends on the outside world for 100% of its tin, mica, asbestos and chrome, for 99% of its nickel, 95% of its manganese, 93% of its cobalt, 67% of its wool, 65% of its bauxite, 55% of its lead, 42% of its copper...
...three years at sea, Ho Chi Minh read avidly-Tolstoy, Zola, Shakespeare, Marx-and from all accounts had pretty rough sailing. He was seasick. He was almost swept overboard. He was too frail to lift the heavy copper stewpans, and got only ten francs for his first 8,000-mile voyage to France. At Marseille he was offended when prostitutes came on board. "Why don't the French civilize their own people," he asked, "before they pretend to civilize...
...inside." The New Yorker and Esquire were in some demand. "Sometimes a copy of TIME was acceptable and sometimes it was not. The one sure way to open the cornucopia of the back room was to produce an issue of LIFE.'' Explained the trader: "It costs one copper for anyone to stand there while the sand runs through the small hole in the bottom of my timekeeper gourd ... I am the only man in this village who can read words, but anyone can read pictures...
...deep blue chips. At the head of the list was Standard Oil (N.J.), which was held in 506 portfolios. The others: General Electric (417 portfolios); E.I. du Pont (393); Union Carbide (391); American Telephone & Telegraph (387); General Motors (360); Gulf Oil (341); Westinghouse Electric (334); Texas Co. (319); Kennecott Copper (301); Phillips Petroleum (282); Socony-Vacuum (269); American Gas & Electric (269); Standard Oil of California (264); Sears, Roebuck...