This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

End of an era as smelter closes in Missouri town

"We didn't do what we did to shut the plant down," Leslie Warden said. "We wanted the children of Herculaneum to be safe from lead."

Even the town's name seems to evoke a smoky past shaped by earth and fire. Herculaneum is believed to be a reference to a Roman city that was among those buried by the eruption of Mt. Vesuvius. The name was also inspired by the rocky ledges that rise over the Mississippi in a shape suggestive of a Roman amphitheater.

Herculaneum's history dates to 1798, when a settler from Connecticut named Moses Austin obtained a Spanish land grant after learning of the region's mineral deposits. He began mining and producing lead almost immediately.

By the mid-1800s, southeast Missouri was known as the "Lead Belt" for its rich deposits. Herculaneum's standing was enhanced when the St. Joseph Lead Co. picked it as the site for a huge smelter, which opened in 1892 to extract lead from ore.

Primary smelting refers to that extraction process. Secondary smelting is a different practice that uses recycled scrap material.

Lead paint and leaded gasoline were phased out long ago, but lead is still used in many everyday products.

In 1994, St. Louis-based Doe Run bought the operation and with it the risks of a business that was the focus of growing health concerns.

The Centers for Disease Control and Prevention says lead can damage the brain and nervous system, and young children are especially susceptible. Even low levels can cause behavior and learning problems and hearing loss. For adults, lead can affect the nervous system and cause kidney and cardiovascular problems.

The EPA testing showed high levels of air pollution, and more than half of preschool-age children living near the smelter had elevated levels of lead.

Signs soon went up urging parents to keep their kids from playing on streets and in parks. Herculaneum's 3,700 residents were even told not to wear shoes inside their homes.

2 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,102.38 -272.38 -1.66%
S&P 500 1,921.22 -29.91 -1.53%
NASDAQ 4,683.9190 -49.5780 -1.05%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs