Word: ibs
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...blast a reservoir on his farm at Stanfordville, N. Y., Dr. Edgar Ernst needed 50 Ib. of dynamite, ordered it sent by freight from the du Pont factory in Wilmington, Del. Last week, in a special car pulled by a special engine. Dr. Ernst's dynamite arrived. Confronted with the difficulty of transporting a package no bigger than a soap box which was nonetheless capable of blowing up a complete train, du Pont had hired a whole boxcar, nailed the crate to the floor in the middle, sealed the doors, plastered the outside with placards screaming EXPLOSIVES...
Yukon Gold was founded in 1907 as part of the Guggenheim's gold mining ventures. In the Federated Malay States, it and two subsidiaries hold properties estimated to contain 72,151,000 Ib. of tin. Because the deposits are alluvial, they can be "dredged." Each cubic yard of dredged earth yields about half a pound of metal. Annual output of the company varies according to quotas set every three months by the International Tin Committee. Bases of the cartel allowances, which apply to about 90% of the world's production, are 1929 outputs. In 1935, working...
...decline was the state of tin which,, like most of the world's leading metals, was caught out on a limb by Depression. In spite of cartel restrictions, output did not drop as fast as consumption from 1929 through 1931 and prices dropped from 45? to 24? per Ib. In 1932 production was pulled below consumption. Two years later prices were up to 52? per Ib., and the company showed a profit of $424,500, even though operating at only 34% of 1929 capacity...
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