Word: byproduct
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Dates: during 1940-1940
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...what is now the U. S.'s No. 1 cigaret-paper mill in North Carolina with $2,000,000 put up by the big U. S. cigaret makers (TIME, April 8). Triumph of the mill was that it made cigaret paper from linseed-flax straw, hitherto a worthless byproduct. At present it is meeting a third of the Big Five cigaret makers' needs, will turn out sufficient paper for their entire output by the time reserve stocks are exhausted...
...claimed that 400,000 men would be employed under the Act. At that time less than 3,000 men were mining silver; by 1937 only 56,000 were engaged in all gold & silver mining, only 118,000 in all U. S. metal mining. Silver is almost wholly a mining byproduct. The domestic subsidy has therefore merely paid overhead on many a mine, allowed it to keep open for the profitable production of copper, lead, zinc. Economists, who traditionally agree on nothing, to a man denounce the silver subsidy...
...Gasoline exports, in spite of war, when last heard from were at least 30% below late 1938, with no new orders coming in. Gasoline inventories rose to a dizzy 84,326,000 barrels, partly because producers are having difficulty in curtailing gasoline production now that its byproduct, fuel oil, is in demand. Meanwhile, wholesale gasoline prices, cut three times since Dec. 1 (net cut: ⅜? a gallon) were dropped another...