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KINGS MOUNTAIN HERALCT. KIN^ M&(J^AH M. C.
Thur«N.>W %.
Foote Mineral Plant Operations In Review
FREEDOM WEEK OBSERVANCE SET TO BEGIN SUNDAY ALL ACROSS NATION
Citizens of Cleveland County
will join with the entire nation
in the observance of "Shareiii-
' PIIILA,, I'A, III u:i ( I'foi I to t'lirpi)! .itioM. now position as a supplier of in-
itomhal U. S. iiti| :iilsof low cost V>'i- hcl.iAe our government's dustrial alloys, metals, chemicals
■ferroalloys, Foote Miiieril ('). Htioilesi.m iiolicy weakens its ami minerals, while citing pend-1 Freedom" Week, beginning heie
I iK.x!on, I’,i.i will comiiiiie lo :is- i.-,oi:il,-.:ition base and our nation- ing future corporate
; suiTie an ag. .resshe lole in u
had joined in the effort to bring i ularly. Surprisingly enough," hcia
half years.
Increasing numbers of young
ing Covi'i'iinienl to tinmul.ite
lioliric’s which will cnh.ince do-
ineslic imiustiial proiitaliilny.
Foo'e I'ri'.vidcat (1. lliiss
tokl sliari'lioldcrs loiiaj' lh.it un
til L.
desia are lesi inded, the Comjjauy
inu.-ii co.adii-c 10 t.-e,! I'.-.iochri
miuin
greater awareness of the advan-1 added, "about 13 per cent of
tages of this savings device. | those war bonds haVe never been! parents, the County Chairman
, „ , _ „ . , . .. "More than half of our popu- cashed, but are still earning in- said, are saving for their chil-
i.-.oi:il, :ition base and our nation- ing future corporate develop-'on Sunday. Purpose will be to lation is too young to remember terest for their owners." dren’s college education through
al sc.uiity." Biii s as.serti d. He ments. j acquaint more people with Unit- the Bond Drives of World War' Mr. Blanton pointed out that regular bond buying. By having
: d lid that Foote lias made "rea- At New Johnsonville, Tenn., a ed States Savings Bonds and the II,” Mr. Blanton said. "There- the current Series E Bond is bet- bonds issued in the child’s name,
■i.ialile K com tieiid.dion.s" wh.i h,; technically advanced electrolytic! companion Freedom Shares. fore, most of today’s bond buyers ter than ever, paying the higher he added, the Federal income tax
it acie, (d, "wuui.l be henefici.al manganese plant is entering the George Blanton, Chairman of are people who acquired the.4.157( interest and maturing in liability becomes that of the
to oil, coil ;t y s balance of pay- tcne-up stage. Product from this fbe Cleveland County Savings habit back in the early '40’s as only seven years. The Freedom child, resulting usually In little
minds as well ; ,i lo the economic facility ^ combined with Foote
iieihli ot our own lei ro-.dirome manganese produced at Knoxville,
saiiclions a,'piin.''t Hho- ^ 'Penn., will provide an annual
, . .. capability of close to 50,000,000
'I,.,'™.. pounds, fn addition, a new 57,000
KVA furn'ice at Graham, W. Va.
Bond Committee, said that news-|a patriotic gesture, then dis-j Shares, offered as a bonus to or no tax due on the accrued in
papers, radio stations, businras covered it was a mighty easy! regular bond buyers, pay 4.74';< terest.
firms and financial institutions and convenient way to s'ave reg-Mnterest and mature in four and
In iid.ii'essiiig
pi-iiduciiic fuviui'.’cs with of slia.-eiioidcr,-; since Hie reioni
expcMisise Kui-.si.m the a.s oppo.s^ me. gcr ot Vanadium ('orpoimtion. j substantially im
e<| lo ore from a wl.olly - owned .■ America into loo.e the Prcsi- ,,„.p Company's position in
subsidiary, Hl.odesia.i V am.dmm dent presented the Company s ;,n.duction and Wof silicon pro-
' tItICtS. j
To meet an increasing demand
Re-Elect
Robert "Bob" Z< Falls
For
House oi Representatives
Candidate For Seat 2
43rd District
HOiEHX Z. (bob) FALLS
CLEVELAND - RUTHEnFORD - PCL!C COUNTIES
• HONEST
• DEPENDABLE
• EXPERIENCED
• CAPABLE
• CONSCIENTIOUS
for vanadium products .which
find application in high strength
steels, Foote has entered into an
agreement with Highveld Steel &
Vanadium Corp. of South Africa
for supply of an enriched vana
dium - bearing sla.g. A new plant
for extraction of high purity
vanadium [.entoxidc is expected
lo be operative late in 1969.
.Sales of lithium products are
You can Vote for Bob Falls wi:h fj:l co:.' v,.':' [■’ at ho will
work tirelessly and unselfishly for tiie be.iL .n’lOreEL of all the
people of the 43rd House Districi.
YOUR VOTE WILL EE APPRECIATED
(Paid Political Ad\c.ti .cmeni)
expected to increase 20 percent
ia 19f-S over 1987. Foote’s princi
pal lithium chemicals are butyl-
lithium for f'o'fjction of poly
mers, lithium hydroxide monohy
drate for lubricants, lithium bro
mide, ii.sed in closed system air
conditioning and lithium carbo
nate which finds application in
aluminum pot lines. Activity by
maio” companies on development!
of lilliium electrodes and electro
lytes for batteries continues and
Ihere is substantial evidence that
commercial utilization of portable
electricity, employing lithium,
can be ac.hievod.
Increased production of lithium
carbonate from Foote’s relative
ly new solar evaporation opera-'
li.iii at Silver Peak, Nevada is
forecast. The Company ultimate-'
ly plans to divert Silver Peak
lithium to production of other
lilbium chemicals which, in turn,
w.Il release increasing quantities
of litiiiiim ore (spodumenei min
ed at Kings Mountain, N. C., to
otlier indu.siries such as ceramics.
At Kiii.gs Mountain, efforts to ■
free spodumone concentrates of,
iron I a ^rpquisitc for ceramics)
are succeedin.?. A semi-commer-l
cial plant is expected to provide
material during the second half:
of 196S.
Foote’s capabilities for produc
tion of lime h.ave doubled and
development of additional re
serves is underway. «
FOUR NAZARENE HOSPITALS
With gospel work in 48 world
areas, the Churyh of the Naza-
rene now is considered one of
the ten leading missionary-send
ing agencies in North America.
, Tile church maintains four gen
eral hospitals in New Guinea,
India. Swaziland and South Af-
irica.
'■*■,, 'ly-ii 7. V *',■■■
A Carolina is today in
f'Z '.iTiti financial condition.
G ur credit has never been
beUer. Our splendid
reputation is based on a half
c£;>.s:ury of integri^ and fair
1 :aiing. In North Carolina
v.e have made a habit of
n'3od government.”
Edwin Gill
State Treasurer
Since becoming Treasurer of the State of
North Carolina in 1953, Edwin Gill has
invested our public funds prudently and
profitably.
He has successfully combined old values
with new ideas to meet the needs of the
people he serves. His sound fiscal policies
Itave helped to guide us wisely in a period
of unparalleled growth, resulting in North
Carolina having earned the highest bond
rating available. This rating has saved
.. the people ot North Carolina mil-
' lions of dollars in interest.
>>r 9. iSs
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k ur; 1
Paid Political Advertiaemant
NCE
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