Word: ib
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...issues, so simple when the row started, had become complex. When the Korean war began, the world price of tin shot up from less than 80? to almost $2 a Ib. Symington, the official U.S. tin buyer, refused to pay such a gouging price. Since the U.S. takes about half the world's tin, the price fell. 'Bolivian tin men cried ruin, demanded $1.50. Symington offered...
...stations, truck farmers and greenhouse operators. The results are still preliminary, but look good. Crop yields have been increased by 20% to 100%. No Krilium is for sale at present. When it does go on the market, in a year or so, it will cost "something under $2 per Ib." At this price only highly specialized farmers will be able to afford it. If applied to the top three inches of soil at the lowest claimed concentration (.02%), about 200 Ibs. will be needed to treat one acre. Monsanto believes that Krilium will be used first by truck farmers, home...
...putting Nevada's Yerington mine into production. Chairman Cornelius Kelley will spend $33 million of Anaconda's money developing the property; for its part, DMPA agreed to buy any copper from the mine that Kelley cannot sell in the first six producing years, for 25½? a Ib. (v. the present ceiling price of 24½?), the first premium price deal for metals to be made by the Government since World...
...agreed to pay a premium price of 27½? for Chilean copper, which accounts for most U.S. imports. But the U.S. also had to agree to let Chile sell a big chunk of her copper in Europe and elsewhere, where the price has been as high as 50? a Ib. Result: imports have dropped...
...pork, which has long been selling under its retail ceilings. One big Midwest food chain cut prices on pork chops 10? a Ib. to 73?, planned another 10? cut this week. Elsewhere, housewives were loading up on the biggest pork bargains in months as a near-record pig crop (66,000 last week) came to market...