Word: ore
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Dates: during 1940-1949
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...being at Pittsburgh. Encouraged by the plant shift, the Pittsburgh Industrial Development Council began tootling its horn to attract other fugitives from freight charges. But Detroit, which uses twice as much steel as it produces, started a campaign to make more. Said. its board of commerce: "We have iron ore going right past our door. We have limestone . . . [All] we need is coal...
...manager of the Multnomah Hotel in Portland, Ore. reported that the old-fashioned traveling salesman is as extinct as the old-fashioned farmer's daughter. Modern commercial travelers register as "traveling executives...
...whole uranium-mining area of Jáchymov is now more or less in the hands of the Russians. They have struck new veins of ore. Only German prisoners are working in the mines; their numbers are estimated...
...footholds Allen & Co. already has in a dozen other fields would confuse a centipede. Through firms in which it holds controlling or substantial minority interests, Allen & Co. digs iron ore in Wyoming, gold in the Philippines, manages real estate in North Kansas City, New York City and Beverly Hills, runs railroads, buses and bridges in the Middle West. One of its biggest holdings is Colorado Fuel & Iron Corp., bought from the Rockefellers. All told, the companies Allen has a guiding hand in have a net worth of above $200 million, net $15 to $20 million a year profit. Allen does...
Down to Earth. After nine years of research, H. A. Brassert Co. of New York City came up with a new trick in reducing ore to iron. By using anthracite instead of coke, Brassert can produce pure melting stock at $21 to $26 a ton (current average cost: $40); from the waste gas Brassert will make solid CO² (Dry Ice) at $15 a ton (present retail price: $35 to $65). In a new $1,250,000 iron-ice plant at New York, Brassert hopes to make enough the first year to pay off half the construction cost...