Elemental carbon can be synthesized in a variety of geometrical forms,
from three-dimensional extended structures (diamond) to finite molecu
les (C-60 fullerite). Results are presented here on the magnetic susce
ptibility of the least well-understood members of this family, nanotub
es and C-60 fullerite. (i) Nanotubes represent the cylindrical form of
carbon, intermediate between graphite and fullerite. They are found t
o have significantly larger orientation-averaged susceptibility, on a
per carbon basis,than any other form of elemental carbon. This suscept
ibility implies an average band structure among nanotubes similar to t
hat of graphite. (ii) High-resolution magnetic susceptibility data on
C-60 fullerite near the molecular orientational-ordering transition at
259 K show a sharp jump corresponding to 2.5 centimeter-gram-second p
arts per million per mole of C-60. This jump directly demonstrates the
effect of an intermolecular cooperative transition on an intramolecul
ar electronic property, where the susceptibility jump may be ascribed
to a change in the shape of the molecule due to lattice forces.