Word: ores
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Dates: during 1950-1959
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...most princely private caravans of art ever to take to the road was camped last week in Portland, Ore., first stop on an 18-month tour of major U.S. museums. Carried in three moving vans, traveling by secret routes and picking up police escorts en route, the show's 101 paintings added up to $5,600,000 worth of art masterworks, ranging in period from late Renaissance to Braque and Matisse, in size from a 20-ft. Monet Nymphéas to an 11-in Madonna and Child by Dutch Master Lucas van Leyden. Owner of this treasure trove...
Portland, Ore...
Gains & Losses. The committee discovered that many of the state's industries, such as iron ore mining and processing, the economic backbone of northern Minnesota, now have little or no tariff protection. Others, like the thriving apparel industry, specialize in products geared to ever-changing demands on the part of the U.S. consumer; because of their greater familiarity with the market, U.S. firms would continue to have an advantage over foreign competitors. All in all, tariff reduction would make little direct difference to 52 Minnesota industries employing 66% of the state's mining and manufacturing workers...
...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...
...taxable income at the present production rate, but drops as output rises, sinking to 50% when production is doubled. With new incentive, Anaconda's subsidiary, the Andes Copper Mining Co., drilled enough exploratory holes at Indio Muerto to block out 78 million tons of high-grade ore (1.6% copper...