Word: lode
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Dates: during 1960-1969
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When a rich lode of copper was discovered at Timmins in Ontario last April, the news set off a wild rush of speculation in Canadian mining stocks. As prospectors staked out some 8,000 claims in the Timmins area, penny stocks became dollar stocks on the Toronto Exchange, and paper fortunes piled up almost overnight. Though most of the glory and the proven reserves belong to the lode's Yank discoverer, Texas Gulf Sulphur, Canadians were particularly pleased when one of their own companies seemed on the verge of its own strike. It was only a small company with...
...started drilling in the Timmins area about 31 miles from the Texas Gulf Sulphur site. Without so much as a hint of what, if anything, had been found, investors bought up more than 6,000,000 shares of Windfall in the week of this announcement. Rumors of a rich lode raced through Bay Street, Toronto's Wall Street. The company remained noncommittal and, despite frequent urgings from the Toronto Exchange, did not report its drilling results...
...only one parent or none, and it is small wonder that the juvenile delinquency rate is more than double New York's or that the venereal disease rate among Harlem's youth is six times higher than in the rest of the city. Harlem is a mother lode of such statistics, but no footnoted chart on child neglect could reveal as much about the place as the story of the lost little girl of three who was not able to tell the police where she was from, and knew her mother only by the name she had heard...
Just the Answer. Victor, which hauled out its venerable old Victrola label to kick off its new line, offers a rich lode of glittering bargains ($2.50 for each mono LP, $3 for stereo). Among them: Puccini's Tosca with Soprano Zinka Milanov; Tchaikovsky's "Pathetique" with Pierre Monteux and the Boston Symphony; and Brahms's Concerto No. 2 with Russian Pianist Emil Gilels backed by Fritz Reiner and the Chicago Symphony. Vanguard Records' new line, Everyman, includes a fine performance of Haydn's Creation, conducted by Mogens Wo¨ldike...
...survive. In desolate Arctic wilderness lies Sweden's treasure, the greatest reserve of high-grade iron ore in all Europe. In this wasteland of rock and ice lies Kiruna, which claims to be the world's biggest city (11,000 sq. mi.) and exists to exploit the lode. Under floodlights in winter and the midnight sun in summer, its hardy miners and technicians work night and day to bring the treasure to the surface...