Word: copper
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Dates: during 1950-1959
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Sweden is building the world's longest underwater power transmission system. The cable itself, which has already been laid, runs 60 miles from the Swedish mainland to Visby on the Island of Gotland, and is nearly three inches in diameter at its thickest point. Its solid copper conductor, about ⅓ in. thick, will carry direct current at 100,000 volts. The return current flows back through the sea. The electrodes that start it on its water journey are screened to save the fish...
...first time in almost two years, free trading in copper was resumed this week on the Commodity Exchange in New York. It was a great relief to copper users, who hope that a free market will end the confusion in prices. Though the Government lifted price ceilings on domestic copper last March, it is keeping allocations on the metal until July 1. This has kept many onetime copper users out of the market and, incidentally, has resulted in a rise in the use of aluminum. Therefore, the Commodity Exchange was not ready to trade in copper futures until this week...
With the resumption of futures trading, fabricators not only get firm prices for future delivery, but they can also get a good idea of the trend in prices. Spot domestic copper has been selling for 30? a lb. since March. The first futures contracts indicated that traders thought the price would be down to 28¼? by July and by year's end down to 26½?. Still a holdout in the world market is Chile, keeping its price at 35½? f.o.b. But it looks as if Chile will have to drop its prices too, especially since Britain...
...20th century has seen almost everything in the way of abstract sculptures, from huge sheets of hammered copper to tiny, tinkling aluminum mobiles. But Naum Gabo, a 62-year-old Russian, is the first sculptor to make his work almost invisible. Last week a syth Street gallery showed a few of his sculptures, mostly pieces of transparent plastic put together in sharp angles and looping curves to form abstractions as still and shiny-and about as warming-as winter sunlight...
...weird, heron-like copper bird he was getting. "Tell me, what does it symbolize?" he asked. "Oh," replied the Harvardmen, "it's a sort of American peace dove." "Well," said Tsarapkin, "it is a very fine gift. Peace be with you and yours...