Word: coppers
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Dates: during 1950-1959
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...strong government, one that will press for much-needed increases in production per worker without an inflationary jack-up in wages. One of his first goals is to reform the costly, featherbedding social-security system. And he also hopes to save some of Chile's vital copper income produced in times of high prices to tide the country over inevitable slumps in world copper markets...
...many cars that the Automobile Association had to put up special yellow signs marking the way. What they came to see-retired army officers, shopkeepers, typical British families in holiday clothes-was a rectangular building faced with white Portland stone and topped by a spire sheathed in lead-coated copper: the London Temple of the Church of Jesus Christ of Latter-day Saints. It was the first Mormon temple to be built in Britain and the second in or near Europe (the other is in Bern, Switzerland). The new temple was opened to the public for 17 days, but after...
...Copper output was boosted 15% by Phelps Dodge Corp., the No. 2 domestic producer, following a similar rise by the No. 1 producer, Kennecott...
After kicking around Congress for weeks, the Administration's metals subsidy plan (TIME, May 19) finally died last week at the hands of the House of Representatives. Originally put forward to bolster prices in five depressed industries (copper, lead, zinc, tungsten, fluorspar) -and incidentally win support for the President's reciprocal trade program from mining-state Congressmen-the $458 million support program ran into rough going after passing the Senate. Chief reason: many Congressmen felt that the bill would aid mainly those big international producers who are making money anyway and are doing most of the importing that...
...reports last week indicated where business recovery is rapid and where it is slow. It is rapid in some aircraft companies, in machinery makers, rubber and steel. It is slow in base metals and oils, which still suffer from low prices and excess capacity. Both Anaconda Co. and Kennecott Copper Corp., the country's two biggest copper producers, failed to cover their dividends; Kennecott chopped its quarterly payment from...