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Tourist Trade: The following analysis of tourist revenue was issued by the Las Vegas Chamber of Commerce under date of July 31, 1953: Persons Estimated No. of No. of Estimated Housed Tourist Number Employees Ac c ommodat ions Value Annually Spending* Resort Hotels 7 3,850 1,826 $ 47,476,000 1,599,785 $ 26,243,683 Commercial Hotels 31 510 1,147 ,6,882,000 942,065 9,420,650 Motels 219 1,095 4,009 36,081,000 3,292,300 32,923,000 Trailer Parks 43 215 4,300 12,900,000 3.383.750 33,837,500 300 5,670 11,282 $103,339,000 9,217,900 $102,425,083 # Exclusive of gambling and drinking. Estimated gross revenue to gaming casinos: $43,000,0005 to bars: $18,435,800. Industry: The principal industrial area in the District is the two-square-mile former Basic Magnesium, Inc. plant at Henderson (12 miles southeast of Las Vegas via U.S. Highway 93-95-466). Basic Magnesium, Inc. (B.M.I.), was constructed by Defense Plant Corp. in 1941-42 at an outlay of approximately $140,000,000. The plant was an oversize duplicate of plants at Manchester, England and Bitterfeld, Germany, and contained ten plant units, each nearly a block long and four stories high. A water supply system from Lake Mead was constructed and two electric power transmission lines were strung from Hoover Dam, 15 miles away. In 1945 the plant became surplus and in 1948 was purchased by the State of Nevada. The War Assets Administration’s price was $24,000,000, to be paid without interest over a 20-year period. By 1951 the State had paid about $6,000,000 of the original purchase price, and in May turned the plant over to a new B.M.I. -- Basic Management, Inc. — composed of the five major companies there (Titanium Metals Corp., Stauffer Chemical Company, Western Electrochemical Company, Pioche Manganese Company and U.S. Lime Products Company). The five companies assumed the $18,000,000 balance of the purchase price under a contract 5