Word: copper
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Dates: during 1950-1959
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...eight professional pallbearers hefted the 700-lb., hammered copper casket out of Lawrence Quinn's Funeral Home in Jersey City, a solemn voice called out to the pressing crowd: "Hats, men." Of the hundreds on the sidewalk, only four men were seen to lift their hats as a final gesture of respect toward Frank Hague, who died last week at 81. He was the last of the great machine bosses and the most absolute of them all. On a salary that never exceeded $8,500 a year during his eight terms as mayor of Jersey City, he came...
...squirrels and pregnant squirrels undergoing a change in their nervous systems are the most destructive gnawers. It was not as easy to find a solution, however. Emotionally upset squirrels, the engineers found, do not insist on lead sheaths; they are just as eager to chew on cables wrapped with copper screening or glass tape...
...years ago the San Pedro Valley desert east of Arizona's Santa Catalina Mountains was inhabited by little more than coyotes and cactus. But after Magma Copper Co. proved up the nation's biggest copper deposit beneath the San Pedro Valley floor, the face of the desert changed. Earth movers terraced the rimrock into 1,500 homesites, bulldozers crunched over thousands of acres to carve out winding avenues, parks, shopping centers, a community swimming pool for the new town of San Manuel (TIME COLOR PAGES, July 25). To house Magma's workers. Builder Del Webb put house...
When San Manuel hits full production, perhaps by midsummer, it will process 30,000 tons of ore daily and yield 70,000 tons of copper yearly, plus 3.000 tons of molybdenum as a byproduct. Thus Magma, which has only one other smelter (at Superior, Ariz.), will boost its total copper production to almost 100,000 tons yearly, jump from sixth to third place among U.S. producers (after Kennecott and Phelps Dodge). At peak production San Manuel will expand U.S. copper output by 8%, molybdenum...
...Manuel into operation, the Government gave Magma a strong helping hand: a $94 million loan from the RFC, fast tax write-offs on plant and railroad, and a price prop at 24? a Ib. With copper now selling at 43? a Ib., Magma's rough-and-ready President Wesley P. Goss had plenty of reason to fire up San Manuel ahead of schedule. Says he: "When you have more than $100 million tied up, you are interested in getting into production as quickly as possible and getting some of those dollars back...