Word: indonesians
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Dates: during 1950-1959
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...natural rubber prices rose, Indonesian growers hoarded their rubber; they not only distrusted their drastically devalued native currency (TIME, March 27), but they thought the price of rubber might go even higher. It did. Natural rubber bounced from 15¼? a lb. on the New York futures market last October to 34½? this month, a 22-year record, and forced tiremakers to boost prices...
...rubber growers got the point. In two consecutive days last week, rubber futures dropped the full legal limit of 2? a Ib. on the New York Commodity Exchange. Indonesian growers scurried to unload, spurred on by the added news that their government plans to slap a stiff 5?-a-lb. tax on rubber exports after July i. At week's end, New York rubber futures had leveled off at 28.9?. With this year's natural rubber production now estimated at 140,000 tons in excess of world consumption, most traders thought that even lower prices were ahead...
Said Dr. Ali Sastroamidjojo, Indonesian Ambassador to the U.S.: "It is with the deepest sorrow that we have learned of the death of Bob Doyle. His loss has saddened all the Indonesian people and left those of us who knew him with a deep sense of personal loss. He was a fine man and a keen observer of events. We held him in the highest esteem and affection...
...murder of Robert Doyle, which the Indonesian government called "sad and senseless," brought mournful tributes from those who had known and valued...
Died. Robert James Doyle, 31, TIME-LIFE Far Eastern correspondent; in an attack by Indonesian terrorists in which Yale Sociology Professor Raymond Kennedy, 43, was also killed; near Tomo, U.S.I, (see FOREIGN NEWS...