Word: uranium
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...Houston's Ernest M. Hall Jr. headed Hall-Sears Inc., an obscure electronics outfit with earnings of $10,781 on gross sales of $95,000. Three years later, Hall merged with a small uranium mining company and became president of the new firm, now known as Westec; its share sold for 4¼ on the American Stock Exchange. For the first half of 1966, Westec announced earnings of $5,345,567 on sales of $31,-693,395; the company's stock soared to a high of 67⅛ in April...
...former boss and later when I made him a minority partner in my business, I am mortified that my good friend and geologist, Franc. R. Joubin, should write as he does of my career [June 10]. When Canadian Franc. Joubin was employed by me, the price of uranium had already been fixed by the U.S. at the rate of $8 or better per pound for all uranium-producing countries. Canada was not excluded. The North Span Uranium Mine was completely financed by Morgan, Stanley & Co. and the Chase Manhattan Bank to the extent of about $90 million...
...toll of work days lost in industry than do accidents. Even so, total U.S. outlays for arthritis and rheumatism research come to little more than $15 million a year-as against $300 million poured down the drain in desperation for quack "remedies," ranging from diets to sitting in old uranium mines, from bee venom to honey and vinegar. The troubles are classified in four major groups...
...American taxpayers, through their ever-generous agent, the American Government, purchased from Joe's operations three-quarters of a billion dollars worth of uranium at $10 per lb., when the offered price in Canada was between $2.75 and $5. Joe should, and I suspect does, sing God Bless America at least twice each morning as he is being shaved...
...import all of its aluminum; until six years ago, iron-ore exports were forbidden because the government believed there was only enough to supply domestic needs for a generation. All that negative thinking has been swept away by recent discoveries of natural gas, bauxite, copper, manganese, silver, uranium, tin, nickel, zinc and lead. Coal exports have jumped from $26 million in 1962 to $68 million...