Word: nickell
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...year-old frame farmhouse, tall, strapping Ralph Delair crawled out of bed at 5:30, pulled on long underwear, two heavy shirts, ankle-high shoes, blue denim overalls, two sweaters, a thick mackinaw, a battered felt hat. He started a roaring wood fire in the nickel-plated kitchen range, touched a match to ash and hackberry logs in the living-room fireplace...
Manila was a dead city. The people wandered dully through the streets, prodded on by the bayonets of Jap sentries in civilian clothes. Food and money were scarce. The only stores still open were Japanese bazaars. A package of rice which once cost a nickel now cost 25?. A single match sold for 15 centavos (7½?). Trolleys and a single bus line were still running. But except for these and the dozen arrogant, sleek cars of Japanese officials and their friends, the streets were bare of traffic...
...most common U.S. coins were due for a face-lifting last week. To save copper, nickel and tin, the Mint announced that...
...Nickels, now one part nickel and three parts copper, will be coined half of silver, half of copper. Net saving on a year's new coinage: 434 tons of nickel, 434 tons of copper. (The Senate Judiciary Committee last week approved a bill authorizing this change...
...will cost the Treasury theoretical money to make these metal savings, since the paper profit it makes through seigniorage will be less. In 1,000 of the current brand of nickels (monetary value $50), the cost to the Treasury of the copper and nickel is only $2.05, yielding a seigniorage of $47.95. In the new silver nickels-thanks largely to the Treasury's own policy of paying 71.11? per ounce for newly mined U.S. silver-the metal will cost $38 per thousand, yielding only $12 seigniorage. But the silver would be bought and buried anyhow. So in real money...