Word: ores
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Dates: during 1930-1939
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...gold claim now known as the Jumbo Mine. For $10,000-$500 down-the Jumbo was sold a few months later to one George Austin, a grizzled oldster who ran the hotel and general store in a nearby flag stop called Jungo on the Western Pacific". Jumbo ore assayed as high as $1,495 per ton. Other members of the Austin family staked adjoining claims, signed an agreement among themselves not to sell out except as a group for 50 years. With primitive equipment the Austins were quietly digging out $500 per day when Herbert Hoover suddenly put them...
...syndicate of Texas oilmen he leased the Jumbo for 35 years with an option to buy it outright within 20 years for a cool $10,000,000. Under the lease the Austins will get from 10% to 20% of gross production, depending on the grade of the ore, but in no case less than $100,000 per year. Mr, Austin also stipulated that should the option be exercised, the $10,000,000 must be paid in instalments of not less than $1,000,000 annually. The $250,000 down payment last week was split equally between Mr. Austin, his thrifty...
...Merchant Marine Library Association receives books and magazines at its Manhattan headquarters, No. 45 Broadway, or any of its branches (Boston, Baltimore, Philadelphia, New Orleans, San Francisco, Seattle, Sault Sainte Marie, Mich., Portland, Ore...
...have read with great interest your article on the opening of Great Lakes navigation under Business & Finance in TIME, April 26, but take exception to your description of the movement of iron ore from mine to vessel. Obviously, no steam shovel or mine skip could load ore into a box car, as is suggested by your statement: ". . . box cars crawl out of the ore pits and stock piles toward the lake ports. . . ." Actually, 75-ton hopper cars are used for this purpose. You also state: "There each car is clamped by a cradle, lifted and dumped into hoppers. . . ." Unless startling...
...Corvallis. Ore., newshawks discovered an Oregon State Agricultural College junior named June May March...