Word: chromed
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Deep in the heart of northern California's majestic Siskiyou Mountains last week a little, freckle-faced, 109-lb. girl was doing a man-sized job for the U.S. war effort. Her name: Dorothea Reddy Moroney. Her business: mining chrome-essential in armor plate, shells and machine tools but now one of the scarcest metals...
This deal won her the title "Chrome Queen," convinced her that the chrome world was at her feet. So she spent her time nailing down an option on huge Alaskan chrome deposits, running up $700-monthly telephone bills, nightclubbing. Then she stormed Washington, surprised everybody but herself by landing the biggest chromite contract ever: $846,000 for 25,000 tons. Then came trouble. The Alaskan mine was under 30 feet of snow, could be mined only at terrific cost. Dot flopped on her contract, got back to her California mines with only $11 in her worn purse...
...more productive. She uses a ramshackle, ghost-town U.S. post office as headquarters, tears between her three mountain mines in a secondhand $55 down-payment Ford, wears dirty trousers and wildly striped, tight-fitting sweaters (see cut), bosses her 45 employes like a regular miner. She also produces chrome ore. Her Joe River mine turns out 20 tons every day. Last week she opened her Ladd mine, put more steam behind construction at the McGuffy mine. Thus her production soon will be much higher, although she has already sold 3,200 tons to the Government-20% more than the whole...
...groups of ten or 15 (except for first-floor visits to pay dues, basement trips to bowl), see a façade of marble and glass brick, electric eyes to signal fouls by bowlers, a cocktail lounge with mahogany bar and deeply cushioned leather seats-a colossus of chrome and indirect lighting. Total cost...
...more than six or seven hundred miners would be set free. One reason is that some gold companies will be allowed to continue operating because their gold ore also yields war-needed metals, and because they have developed other types of mines. Alaska Juneau, for instance, is developing a chrome mine in California. Hardest-hit of all the gold companies is Homestake Mining, which paid spectacular stock and cash dividends through the '30s. From a high of $60.25 per share in 1940 Homestake dropped to $22 in anticipation of the order. Last week investors could take cold comfort...