Word: gulf
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Dates: during 1960-1969
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...been prompted by half a dozen recent oil, gas and metal strikes, notably the spectacular copper, zinc and silver find by Texas Gulf Sulphur near Timmins. Ont. More than 1,000 prospectors have staked 8,000 claims, some as far as 65 miles from the strike site. Texas Gulf Sulphur will spend $20 million to develop its Timmins properties, and such Canadian firms as Noranda Mines, Hudson's Bay and Consolidated Mining together have raised their exploration budgets in the area by $10 million. International Nickel put 30 surveyors to work, some in helicopters, and even staked more than...
...NORTH SHORE YACHT CLUB on the landlocked 44-mile-long Salton Sea, once a part of the Gulf of California, has 2,300 dues-paying members, and a 2,600-ft. landing strip, from which visitors may transform themselves into sea dogs and start trolling within minutes of arrival for such specialized game fish as corvina (which go to 20 Ibs.) and sargo. Since Salton Sea is 234 ft. below sea level, speed enthusiasts also like to test the theory that engines run better and boats go faster because the air is denser there...
...speculative price binges. It is the modern metal of communications, a major ingredient of the wires that serve the vast electrical-equipment industry, the huge utilities, and the radio and TV networks. Yet it has seldom caused more excitement than it did last week. A U.S. company, Texas Gulf Sulphur, announced the discovery of one of the biggest and richest copper lodes in history near Timmins, Ont., 350 miles north of Toronto. Test borings so far indicate a find at Timmins of 25 million tons of ore, rich not only in very high-grade copper but in sizable quantities...
Even Curtis Publishing Co. had a timely bit of luck in the find. After the publishing house announced that it owns 40,000 acres of timberland next to the Timmins strike-and that it has an agreement with Texas Gulf to share in the profits of ore under its timber holdings-Curtis stock rose 2⅝ points to 11, before trading was halted by the Big Board...
...Holman-Moody Ford engines made it the most powerful boat in the race. For competition, there were 32 other boats. General Motors pinned its hopes on Allied 36 and Allied GX, a pair of 40-ft. monsters powered by twin 315-h.p. G.M. diesels. From Louisiana's Gulf Coast came Ragin' Cajun, a 32-ft. diesel whose skipper announced: "This is a work boat, the kind we use to take workers out to the offshore oil rigs. We aim to beat the pants off them gentlemen drivers." But the Bertrams' most dangerous challengers were nine Formula 233s...