Word: nickels
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Dates: during 1960-1969
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...China. He was finally permitted to leave the U.S. in 1955, surfaced immediately in Peking. The status of his missile program is obscure, but it is known that a missile range has been laid out near the Sinkiang nuclear testing ground. Some observers believe that, despite shortages of vital nickel and chromium, Red China, which already has some Soviet-designed, surface-to-surface rockets, might have a nuclear-tipped, 200-mile missile in two to three years...
...democratic development of our national economy." He held out the lure of low taxes, cheap labor and liberal tariff treaties with Central American common market countries. Business responded. Arrow Shirts, Colgate-Palmolive, and General Mills, for example, plan expansion of their facilities. And there are newcomers. International Nickel hopes to set up a $60 million strip mine, Texaco is building a $10 million refinery, and Kern Foods is making Guatemala its distribution center for Central America...
...China is woefully lacking in chromium and nickel, two elements basic to the operation of an atomic reactor...
...handsome, soft-spoken man, Rambin will not make any major changes in the lean and conservative way Texaco is run. The company watches each nickel as if it were the last one, pares executive expense accounts, runs a relatively modest advertising program. Just about every capital expense above $15,000 must be personally authorized at the top. To the envy of competitors, this frugality pays off. Despite declines in wholesale gasoline prices in the U.S., Texaco's profits so far this year continue to break records...
Fidel apparently ordered too much. From Havana now comes word that Cuba has "suspended" all further purchases abroad except for medicine and parts for the sugar and nickel-mining industries. As financial experts make it out, Cuba has gone through most of the $100 million- and still owes $165 million to free world countries, plus more than $1 billion to the Communist bloc. To make matters worse, sugar prices have dropped 65% to 4? per lb. since January, thus eliminating another windfall sale on the open market...