Word: ores
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Dates: during 1950-1959
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...industries. In a few brief years the mining and processing of uranium has grown from a midget industry into a giant, with an output worth more than $100 million a year. In 1956 alone, the AEC's figures revealed, the industry processed 3,000,000 tons of raw ore into 6,000 tons of uranium concentrate (one ton of concentrate contains 11 Ibs. of U-235, the reactor fuel...
...plant at Monticello, Utah and eleven privately owned plants representing an investment of $50 million did the refining job. Top producer: Anaconda Co.'s mill at Bluewater, N. Mex., which handles 3,000 tons of ore daily. Eight more mills costing $35 million and capable of processing 4,000 tons daily are scheduled to be built in 1957 and early 1958. There will be plenty of ore for all. The AEC announced that the U.S. now has proven uranium reserves of 60 million tons, 60 times more than known reserves in 1948. Biggest cache: New Mexico...
...IRON-ORE shortage is forcing U.S. Steel Corp. to keep 50 of its Great Lakes ore carriers sailing to Jan. 1, and Army Corps of Engineers will hold Sault Ste. Marie locks open until then, instead of normal Dec. 15 closedown. But ore movement will drop to about 77 million tons from last year's 87 million tons. Reason: strikes by steelworkers and lake seamen...
Incoming N.A.M. President Ernest G. (for Goodnough) Swigert of Portland, Ore, also was troubled by the tax system : "We must make a complete change in our whole theory of taxation. The tax system should be designed for raising revenue and not for reforming society." Swigert warned against adding to inflation by overstimulating production, cited "the ridiculous 1955 production race" of auto manufacturers...
Candy Is Dandy . . . In Klamath Falls, Ore., when prisoners sent their weekly orders for cigarettes, chocolate bars and magazines to a nearby store, Jailer Fred Calfee intercepted and rejected one list: 5 Ibs. of white rice, 1 large can of pineapple juice, 2 Ibs. of seedless raisins, 10 Ibs. of sugar, 2 cakes of brewer's yeast...