U.S. 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...
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