Word: copper
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Dates: during 1950-1959
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Chile's main income source, copper, will greatly help Alessandri's program. Selling for 31½ ? per Ib. on the New York market last week, copper was a fat 6½ ? above last year's low-and each penny's increase in the copper price means an extra $10 million a year for Chile. Moreover, Alessandri, who was elected by a Conservative-Liberal coalition, has congressional support from the Radicals, most important of the oppositionists. Dancing with Princess Alexandra at a British embassy party, Bachelor Alessandri, 62, was a picture of relaxed confidence...
...that is beginning to produce results. Government-aided surveys turned up fabulous deposits of iron ore in Newfoundland's mainland territory of Labrador; one is now being mined, the other is scheduled to go into production in the 1960s. In Newfoundland and Labrador, surveyors uncovered promising finds of copper, lead and zinc, asbestos, fluorspar, gypsum and uranium. Perhaps even more significant was the exploration of sites on Labrador's Hamilton River that could develop as much hydroelectric power as Grand Coulee and Hoover Dam combined. Next step: to develop a market for this untapped storehouse of kilowatts...
...seemed reasonable enough, but not to the passenger, who was singularly belligerent for 10 a.m. "Go to hell!" she roared. "I have no money." The cabby summoned a bobby, who steered his charge to Liverpool magistrate's court, needed help from three more lawmen to lug the copper-tressed spitfire before the judge. The clerk asked her name. "To your regret and my pride, Sarah Churchill." In the box, Actress Sarah, 44, did nothing to help her cause by snarling ad-lib comments on the testimony, made an unconvincing plea of innocence on the stand: "I thought...
...electric ranges. Much of the buying was for new houses; builders reported new residential contracts for $1,021,516,000 in January, up 32% from January 1958. With the faster pace, supplies of raw materials grew thinner as manufacturers hedged against possible strikes. The three major copper producers. Anaconda, Kennecott and Phelps Dodge, hiked copper 1½? per Ib. to 31½?, highest price in 21 months. And steelmakers set a rate of 89.5% of rated capacity, said shipments were still far behind orders...
...extremists appearing as the representative element is again revealed. Clearly, however, neither white dominance nor Nyasaland's withdrawal from the Federation is the answer. Economically, Nyasaland could not survive alone, for it gets over half its budget from the Rhodesias and its labor surplus relies on the Rhodesian copper industry. Nor would merger with her black and bankrupt neighbor, Tanganyika, help...