Inflation: Geologists Believe They Geologists Began to Suspect Have Found Huge Surface but That to Complete the 51 Percent
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24- EVENING HERALD. Fri- Dec. 21. 1»7» Cobalt, Chromium Found V In New Guinea Jungle Do you support tho oxhlbHIng of Your neighbors’ views: nativity sesnss on public property? proven reserves of the alluvial soil rather than Cruft is a geologist qs NEW YORK (UPI) - well as a businessman. He American and Australian chromium and cobalt in the the chromium. Nord’s in Papua-Nel Guinea deposits terest in the concession is said he and other Inflation: geologists believe they geologists began to suspect have found huge surface but that to complete the 51 percent. the alluvial soil in the deposits of chromium and exploration and develop Cruft said the South cobalt in Papua-New mining and ore concen Africans have been predic- Papua-New Guinea region Guinea that in time could trating operations ting they would be was rich in chromium reiieve th world's probably would Involve a producing ail the free because "rocks in the soil looked a lot like rocks in dependence on South minimum Investment of enterprise world’s It^s Been $500 million. chromium by the end of the soil of the African Africa, Rhodesia and the regions where chromium is Soviet Union for these Nord Australex acquired this century. Considering the concession from Mt. the political situation on found.” ‘ strategic metals. He said playing hunches Exploratory drilling is Isa Mines, Ltd., an the African content, it is under way on a concession Australian company that important for the United like that is important in the on the Ramu river near the was Interested in the States to find other mineral mining business. New Guinea deep water cobalt and nickel content of Bad Year port of Madang by the Nord WASHINGTON (UPI) - Australex Limited Partnership, in which Nord Hazel Mize Esther Schuetz Frank Gallas John W. Elliott Chris Stetson Consumer prices jumped Consum er Resources Corp. of another 1 percent in Albuquerque, N.M. is top Ray Ganlick, South Windsor wrong with that.” Frank G allas. Manchester anyone. ” November, assuring 1979 of partner. —“I don’t oppose it. I really don’t Esther Srhueu, Manchester —"Yes, 1 think w. Why? Because Chris Stetson, Manchester being the worst inflation year Price Index Dr. EMgar H. Cruft is see any harm.” —‘‘Yes, because I think it looks so I’m a Catholic.” - ‘‘Sure. It gives everybody more since World War II, the Labor The Downtown People Mover, a nearly depicted in this artist’s rendition. (UPI chairman of Nord Hazel Mize, Manchester nice. It’s great for the Girl Scouts John W'. Elliott, Coventry of the Christmas feeling” Department reported Friday. Resources, a company that CHRISTMAS TIME FOR —“Why not? I don’t see anything and other kids.” - ‘‘Whv not? It doesn’t hurt UP 1% three-mile long automated transit system to photo) also is in oil and gas, Energy prices rose at the lowest serve part of Los Angeles’ core area, is titanium pigment ore and THE MAN AROUND ^ rate of the year last month, the in November kaolin, the clay used for report said, but that improvement paper coating. He told UPI THE HOUSE was offset by burgeoning costs of the Papua-New Guinea buying a home. Downtown People Mover deposits contain upwards And R. Robert Russell, director of of 5 percent chromides, 1.3 Haurhpatfr the Council on Wage and Price percent nickel and perhaps Stability, told Congress’ Joint 0.2 percent cobalt. Because Economic Committee, "1 don’t see a of the high price of the possibility of substantial relief over To Be First of Its Kind the next several months” cobalt, it might prove the Four priority cities were designated. most valuable. Russell said the figures for LOS ANGELES (UPI) - The December are likely to be similar to The other three, Cleveland, Ohio; The minerals are found Downtown People Mover, a nearly 3- November’s, as home mortgage Business Houston, Texas, and St. Paul, Minn., in alluvial soil. Cruft said. HOUSING mile long automated transit system ROLEX rates continue reacting to the backed down. His company has spent to serve part of the city’s core area, Federal Reserve’s Oct. 6 money Only Los Angeles remained in the about $1 million drilling would be the first major central city Currently they all have a captive $900 lEu Tittup liiTralJi tightening and as latest international running. The money, amounting to shallow holes — 150 feet or transportation system of its kind. public. The real test, a public ' since 1881 • 20it Single Copy • 15c Home Delivered oil price hikes reach consumers. Electrically-powered cars would about $176 million, cannot be less — to test the deposits. |Vol. XCIX, No. 71 — Mancheiter, Conn., Saturday, Decamber 22,1979 transportation People Mover where allocated for other needs. If Los Cruft said only a limited Over the first 11 months of the move automatically, several to a alternatives are present, will most year, consumer prices advanced at a Angeles drops its project, it won’t go area has been tested so far train, along elevated guideways. The likely be Los Angles in the 1980s. 13.1 percent annual rate — the worst for housing, or for streets and and several thousand W The Rolex Submariner cars would be designed to carry from It’s needed, according to Daniel highways, or anything else, Town Christmas Countdown inflation since 1946 when World War 20 to 100 passengers each. Terminals, square miles remain to be The ocean s inner space is our primal element. Townsend, the project manager for send says. II price controls were removed. adjacent to or within stores or other explored. It now belongs to fish and scuba divers. Fish the city's Community Redevelop It will go to another city more 'That year’s rate was a whopper: buildings, would be reached by- ment Agency. Although many persons function without time; scuba divers lives depend 18.2 percent. willing to experiment with the think of chromium only in elevators. escalators or stairs. "It evolved from a 1969 realization on it. That’s why so many wear the world s best Russell said inflation should Clean, silent and efficient, it has project. terms of shiny trim on underwater wristwatch. the stainless steel Rolex Shops Crowded, Roads Hectic "abate a little” next year, barring a that two things were happening: The Several cities have expressed the automobiles, buildings and COSTS SURGE futuristic attraction and unarguable Submariner—precise, impregnable and pressure- new international crisis. city was dying and if it lived, we’re wish to build People Movers, in many manufactured virtures. It has been the dream of going to have more traffic proof down to 660 feet below sea level By United Press International help make up for a little of the but expressed hope donations would killed during the four-day Christmas Housing accounted for more than cluding Detroit and Miami. But the products, it is essential for some urban planners for years. It problems ” deficit. increase as the spirit of goodwill weekend, which begins at 6 p.m. half the November rise in consumer creased 0.6 percent, compared to 0.7 Administration will spend only $220 making stainless steel, Last-minute shoppers jammed would ride above downtown traffic, Some concept was needed to million for such systems over the shopping districts, street-comer San toward men grew during the final local time Friday and ends at mid prices, the Labor Department said. in October. produce no pollution and replace eliminate the number of autos which is 16 percent Street-comer Santas in the nation’s days before Christmas. night Tuesday. Last year, 456 people Home mortgage rates rose 1.8 per Transportation costs shot up 1.4 next five years and Los Angeles has chromium. The high tas stepped up pitches for charities second city also were hit by the some of the street traffic. entering the downtown area, he said. hard hit by inflation and millions of Merchants across the country were killed in traffic mishaps during cent. House prices rose 1.9 percent. percent, partly reflecting the gas Its detractors have another ver more than half of it. technology of modern in strike — with contributions to their oline situation and partly a 1.1 per "If we just built the number of The cost in Los Angeles will be families began the long countdown to reported business brisk on the Friday a three-day Christmas weekend. Thus the cost of buying a home rose sion. dustry could not survive Jet^elers & Silversmiths Since 1900 Christmas kettles sharply off. before Christmas. A spokesman for 3.7 percent and was 33 percent higher cent rise in new car prices. Used cars parking facilities downtown, we high, about $44 million per mile in Christmas on the road Friday, The council said snowy weather "It's a regional obstruction It gets without stainless steel. Singing firemen joined Salvation Macy’s in New York said last-minute and alcohol posed the greatest threat than a year ago. rose 1.3 percent. wouldn’t have a way of getting the 1979 dollars, with another $43 million Ckibalt also is a highly im fSt MAIN S T R irr IN DOWNTOWN MANCHESTtR heading for reunions. Army bands in the Loop to raise in the way of solving broader cars to them. We have to have a way Also*Hartford*New 6rttaln«Mldd>«town shoppers were out en masse. to holiday drivers. Energy prices rose only 0.1 per Public transportation costs — for the parking garages. portant steel alloying ele Shopping centers braced for a money for the group — which which.