Word: nickels
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Dates: during 1960-1969
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MONTANA. Cowgirls and cowpokes go drawling and poking around the lodgepole corral. There is a museum with memorabilia of the Old West and a rootin'-tootin' nickel arcade complete with player pianos, games and peep shows...
...railroad merger applications before the Interstate Commerce Commission have been so closely watched as the Norfolk & Western's petition to take over the Nickel Plate, the Wabash and three connecting roads. After more than two years of study, the ICC last week voted 10 to 1 to give its go-ahead to the merger. With that decision, the way was opened for the creation of a 7,450-mile freight superline whose routes would reach west to Missouri and north into Canada, save the two lines $27 million in costs each year. Railroaders saw in the ICC decision...
...days than to merge with the New York Central, it will probably go along with the ICC and dispose of its stock to help sway the ICC to approve its own merger. Once the Pennsy agrees to sell the stock, the way would be cleared for the Norfolk & Western-Nickel Plate merger to take its place alongside the already approved linkage of the Chesapeake & Ohio-Baltimore & Ohio roads. If the ICC then approved the Pennsy and Central linkup, the Eastern U.S. would have three superroads that would carry 90% of its traffic...
...some as far as 65 miles from the strike site. Texas Gulf Sulphur will spend $20 million to develop its Timmins properties, and such Canadian firms as Noranda Mines, Hudson's Bay and Consolidated Mining together have raised their exploration budgets in the area by $10 million. International Nickel put 30 surveyors to work, some in helicopters, and even staked more than 40 claims to the Timmins airport-under which copper is thought to be buried...
...they have exploited that country less than the U.S. Some recent changes now make the effort and expense worthwhile. World prices of copper, lead and zinc have jumped because of political unrest in Chile and Africa. This year also, prospectors struck oil in Alberta, gas in British Columbia and nickel in Manitoba. Geologists estimate the value of the Timmins find at $1 billion, and many of them believe it ultimately will return much more...