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...market is no mere kindergarten for growth and glamour. It also handles 95% of all Government bonds and most municipal bonds, accounts for almost all bank and insurance stocks, many corporate bonds and Canadian and foreign securities. In its ranks are found such well-known companies as Kaiser Steel, Eli Lilly, Dun & Bradstreet, Macmillan Co., Anheuser Busch, Dictaphone Corp., Weyerhaeuser Co. and TIME...

Author: /time Magazine | Title: Business: The Over-the-Counter Bull | 2/3/1961 | See Source »

Such tactics, backstopped by one of the most efficient aluminum plants in the world, have made Harvey Aluminum the bright spot this year in a generally tarnished-profit industry. Aluminum's Big Three (Alcoa, Kaiser and Reynolds) are operating at an average of 83% capacity, and profits are down in the cost-price squeeze. Harvey has been operating at 100% capacity all year, this week reported record profits of $5,000,000 for the fiscal year ending Sept. 30, despite the fact that sales slipped 1.1% to $59.7 million...

Author: /time Magazine | Title: CORPORATIONS: Aluminum Bright Spot | 12/26/1960 | See Source »

...from which aluminum can be extracted if large amounts of electricity are available. When Ghana was still a British colony and called the Gold Coast, British engineers drew up a plan for a dam and smelter works costing $900 million. It was more than newly independent Ghana could afford. Kaiser drew up his own plan, which boosted power capacity by 40% aluminum capacity by 10%; over the British estimates-and cost only $600 million (TIME. May 4, 1959). Ghana found that more reasonable, set about raising money to build the dam from the U.S., Britain, and the World Bank...

Author: /time Magazine | Title: BUSINESS ABROAD: Volts from the Volta | 12/5/1960 | See Source »

...question is how Kaiser's consortium, the Volta Aluminium Co. Ltd. (VALCO),* will fare in raising $178 million in private money to build the smelter. Although the Ghana government has given VALCO a written promise that it will not expropriate the Volta plant once it is built and running, President Nkrumah is a volatile nationalist and neutralist dealing with both East and West, and there are segments of his Cabinet that favor outright nationalization of all Ghanaian private enterprises. As a precaution for its U.S. and foreign private investors, VALCO will take out International Cooperation Administration insurance against nationalization...

Author: /time Magazine | Title: BUSINESS ABROAD: Volts from the Volta | 12/5/1960 | See Source »

...VALCO's five participating companies, who will each buy a share of the Volta plant's output: Kaiser Aluminum, the Aluminum Co. of America, Reynolds Metals Co., Olin Mathieson Chemical Corp., and Canada's Aluminium...

Author: /time Magazine | Title: BUSINESS ABROAD: Volts from the Volta | 12/5/1960 | See Source »

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