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Dates: during 1950-1959
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...shade of a chilly, barren mountain called India Muerto (Dead Indian), 9,000 feet up in the northern Chilean Andes, lies the world's newest major find of copper ore. The discovery, says Roy H. Glover, board chairman of Anaconda Co., "is the greatest and most important development in copper mining in Chile since the initiation in 1914 of Chuquicamata" -and famed Chuquicamata is the world's biggest copper ore body. Last week Chile's President Carlos Ibañez gave Anaconda* an official go-ahead to spend $53 million toward making Indio Muerto an active producer...
Fast Answers. With the marvels of the automated factory has come the automated office, manned by electronic brains that set up orders, encode instructions to lesser machines, post accounts, send out bills, write letters and clank out profit and loss statements. One of the newest of the great brains is the $5,500,000 RCA-built Bizmac, now being installed in Detroit by the Army Ordnance Tank-Automotive Command to keep track of tank and auto parts all over the world. Operators who sit at Bizmac's console can store away on magnetic tape records of 155,000 types...
FREE LIFE INSURANCE is the newest pitch by automakers to lure customers into the showrooms. American Motors will give every Nash or Hudson buyer a $12,500 accident policy ($25,000 if both husband and wife die) on their lives while they are riding in one of the company's products. Studebaker-Packard will kick off a similar program; it will up the policy to $20,000 for buyers, but will not extend the insurance to the owner's spouse...
...newest wonder in U.S. industry is the transistor, a sliver of germanium or silicon no bigger than a shoelace tip, with wisps of wire attached. It is the missing electronic link that is making possible a host of new devices, e.g., a wrist radio, a hearing aid so tiny that it fits inside an eyeglass frame. In a jet fighter the use of transistors cuts 1,500 Ibs. from the plane's weight. Last week the mighty mite had the electrical industry racing madly to expand transistor production: Motorola is putting up a $1,500,000 plant in Phoenix...
...newest collection the Baltimore Museum is indebted to Alan Wurtzburger, 55, a wealthy Baltimore real estate man, and his wife Janet. Little more than three years ago, the Wurtzburgers' collecting urge was restricted to Pennsylvania Dutch spatterware and canary-yellow lusterware, but a trip to Africa opened their eyes to primitive art. "It has more variety, strength and impact than the contrived art of today," Collector Wurtzburger decided. But when the Wurtzburgers tried to collect representative pieces, they found that Africa as a source of primitive art has all but dried up. The best pieces had already drifted...