Word: zinc
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...businessmen last week awaited the solution of a 95-year-old corporate mystery: the financial setup of powerful, respectable New Jersey Zinc Co., founded in 1848 and one of the world's largest zinc miners. The answer will come when the estate of its former board chairman, the late Edgar Palmer, unveils detailed corporation figures, thus greases the ways to sell some 400,000 shares of New Jersey Zinc common. This block represents working control of the company (20%) and must be sold to pay inheritance taxes...
Into the Sanctum. Soon to be unveiled by circumstance, New Jersey Zinc has grown big on strict attention to business and a devout policy of the less said the better. For decades its stockholder reports have been dull, stereotyped affairs with a peek at quarterly earnings; its reams of trade publicity have never given a hint of production, sales or industry position; its prim officers never discuss anything not already in print. The company's practical downtown Manhattan offices are pervaded by a churchlike decorum-everyone looks solemn, all men politely remove their hats when a girl gets into...
...only outsider ever to wiggle into this inner sanctum was a New York Times reporter who in 1938 unearthed a complete ten-year income account and balance sheet from moldy court records. These proved New Jersey Zinc everything it was supposed to be: at the end of depression year 1934, cash and securities totaled $41,691,000, surplus was $29,515,000, total assets $84,218,000. Sales figures were less impressive, ranged from 1926's $26,769,000 to 1932's $7,715,000. But the key to the company's prosperity was the lusty...
...soon will have refineries at work. She has enough rubber to sell some to Russia'. She has acquired iron in Kcjrea, Indo-China, Malaya and the Philippines-enough for an annual steel production of something less than 8,000,000 tons; coal in Korea and China; lead and zinc in Burma; bauxite in Malaya and The Netherlands East Indies; chrome in the Philippines; antimony in China. Her facilities for processing these metals are not altogether satisfactory. She can count on rice from Burma, Thailand, Formosa; sugar from the Philippines and Netherlands Indies; soybeans from China. Lumber, especially for shipping...
...fuel supply at an increasing rate, will gradually get hotter during the next ten billion years. By that time the earth's surface temperature will be lifted to about 750° Fahrenheit, hot enough to boil away the oceans, char organic matter, and melt tin, lead and zinc. Then the last of the sun's hydrogen atoms will be converted into helium. With no more fuel on hand, the sun will cool and fade...