Word: zinc
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...tourist meccas at Banff and Lake Louise. The company operates a fleet of ocean-going liners and freighters, as well as Canadian Pacific Air Lines, with routes to Asia, Australia, Latin America and Europe. C.P.R. also controls Consolidated Mining & Smelting Co., the world's biggest lead and zinc producer, coal mines in the Rockies, and oil and gas wells in Alberta...
Virginia's expanding textile industry, Democrat Byrd says he may support some amendments. Utah Republican Wallace Bennett is worried about his State's lead and zinc industries; Oklahoma Democrat Robert Kerr, Texas Democrat Lyndon Johnson and Kansas Republican Frank Carlson are looking over their shoulders at the oilmen back home...
...steep tumble in coffee prices was balanced by an air of inflation in other commodity markets. Tension in the Far East touched off a wave of buying in tin, lead, zinc, rubber. Malayan tin rose 2¼? to 92? a lb., rubber to a new 1954-55 high of 37¼ a lb. Copper supplies were tighter than at any time since the scare-buying at the start of the Korean war. Reasons: a month-old strike at the big Northern Rhodesia mines, and rising European demand. Although copper prices steadied at 33? a lb. in the New York market...
...billion, up 32% from the same 1954 period. Largely because of the boom in autos and construction, steel output was scheduled at 85.4% of capacity, best since 1953, and demand was so great that a mild grey market developed for some steel products. In the lead and zinc markets, buying was heavy as manufacturers hedged against price rises that might follow the recent boost in copper...
...Latin America should be a well-matched economic team. The U.S. needs Latin America's coffee, copper, zinc and other raw materials; Latin America needs the know-how, capital and consumer goods of the U.S. Latin America is already the second biggest foreign customer for U.S. goods (21% of all exports), while the U.S. is Latin America's No. 1 buyer (48% of its exports). Yet it is far from a happy business partnership. The reason is that the southern flow of U.S. capital is far below the level needed to raise the standard of living of Latin...