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HAPPY JACK URANIUM MINE, one of richest in Colorado Plateau, has been bought by Texas-Zinc Mineral Corp., uranium subsidiary of Texas Co. and New Jersey Zinc. Fletcher Bronson and family originally bought mine for $1,000 as copper prospect in 1946, once turned down $15 million for it. Texas-Zinc is mum on purchase price, but has already started building processing mill at Mexican Hat to handle ore from Happy Jack and other southeastern Utah mines...

Author: /time Magazine | Title: Time Clock, Jul. 23, 1956 | 7/23/1956 | See Source »

...short novel and, on the surface, tells simply the story of two white university students who are hitchhiking to Cape Town on their summer vacation. Their road leads through the Karroo, a desert plateau of Cape Province. Beside a dry river at the sun-blistered dorp of Mirredal, they put up for the night in a ruined boarding house. It is full of grotesque and expensive furniture; they are the only lodgers, and its sole occupants are a man, his wife and, of course, the usual African servants...

Author: /time Magazine | Title: Books: Unforgiven Trespasses | 6/25/1956 | See Source »

...Class of 1955 had a vision of life on a plateau," Riesman said, whereas the Class of 1931 was less optimistic about the future. For instance, men in '31 did not plan to marry young and have their wives support them in graduate school as the Class of 1955 did, he said...

Author: By Bernard M. Gwertzman, | Title: Riesman Says Present Graduate More Sure Than 25 Years Ago | 6/12/1956 | See Source »

...present mood of business is caution. There's been a slow climb to a very comfortable plateau on which businessmen make money and wage-earners have plenty to spend. The climb is over. The national economy could take plenty of lumps and remain where it is." Thus Harry Stoll, president of Chicago's Mandel Brothers department store, last week summed up the mood of many businessmen. Despite the slump in auto sales, tight money and sagging farm income, the nation's economy was actually holding up fine. Industrial production steadied at 142, only two points off December...

Author: /time Magazine | Title: STATE OF BUSINESS: The Watchword: Caution | 5/28/1956 | See Source »

Last week, for the first time, the Atomic Energy Commission's Director of Raw Materials Jesse Johnson revealed exactly how big a business uranium has become. In testimony before a congressional subcommittee, Johnson reported that ore shipments from the four-state Colorado Plateau area (90% of U.S. total output) will hit 1.5 million tons worth $46.5 million in fiscal 1956. He predicted that within two years Plateau production will increase to 2,500,000 tons annually. Said Johnson: "During the past two months, the AEC has received and is actively considering more proposals for processing mills than...

Author: /time Magazine | Title: ATOMIC ENERGY: Coming of the Giants | 5/28/1956 | See Source »

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