Word: coppers
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Dates: during 1960-1969
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...reason is that, despite its need to develop educational and agricultural resources, Northern Rhodesia is inherently richer than its two neighbors-thanks to fabulous copper reserves that net $336 million a year. A more important cause for optimism is Kenneth Kaunda himself. A teetotaling preacher's son and ex-schoolteacher, Kaunda, 40, is a fiery nationalist who has spent his share of time in British prisons. But he has since convinced his former masters that he has the makings of a moderate African statesman in the mold of Tanganyika's Nyerere. Kaunda advocates a "multiracial society" that will...
...president of New York's First National City Bank (in charge of oil matters). He joined Cities Service just six years ago, became president a year later. The ninth biggest U.S. oil company (1963 sales: $1.2 billion) has lately diversified into businesses as varied as plant foods and copper mining, and under Warren it will continue to explore new fields...
...copper mines of Chile are a natural proving ground for the boss of Anaconda Co.-Charles M. Brinckerhoff, 63, who last week was promoted from president to the newly created post of vice chairman and chief executive officer. He succeeds Clyde E. Weed, 74, who stays on as chairman. A Columbia-trained mining engineer, Brinckerhoff spent 23 of his 38 years with Anaconda supervising its Chilean mines, the source of 70% of the output and 80% of the profits of the world's second largest copper producer (after Kennecott). Among his honors: the Bernardo O'Higgins Order...
...Bell telephone calls within the U.S. is expanding by 15% a year, and A.T.&T. is straining to prevent a massive clogging of overloaded circuits by steadily expanding and improving its equipment. Actually, the Bell System is one great computer, linked by 24 billion interconnections and by enough copper wire to spin a four-ply cable to the sun. The computer's innards are an orderly assemblage of $24 billion worth of the most sophisticated equipment ever devised, and its long limbs sprawl over 3,000,000 square miles of city, plain, mountain, valley and river...
Died. Margaret Schulze Downey, 42, one of the nation's richest women, heiress to an estimated $150 million concentrated mainly in Newmont Mining Co. and Magma Copper Co. (founded by Grandfather William Boyce Thompson), a pretty brunette who briefly filled the gossip columns in the late '40s when her divorce from polo-playing Polish Prince Hohenlohe-Ingelfingen prompted him to shoot himself (he recovered), settled down to marry Morton Downey, radio's dulcet-toned troubadour of the '30s, and take an active director's role in minding her business; of cancer; in Manhattan...