Word: anaconda
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Dates: during 1920-1929
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...added to its mining and smelting business, the refining of its own products as well as a comprehensive sales organization, and is reaching out to acquire an interest in the copper fabricating industries. In short, it is setting out to integrate a great vertical combination similar to that of Anaconda...
...Anaconda Copper Mining Co. last week voted to increase its outstanding capital stock by approximately 40%. Income derived from this increase will be used to retire $103,803,000 of the company's funded debt...
...Last week, also, an increase of capital stock by $500,000,000 was planned by directors of mighty A. T. & T. Stockholders surmised that this move, like those of U. S. Steel and Anaconda, might lead to bond redemption. A. T. & T. will thus break one more world's record in size. It will be the first corporation with $2,000,000,000 capital...
Companies. Leading U. S. copper producers are Kennecott and Anaconda. The Kennecott corporation is the largest copper producing organization in the world,* though the mines owned by the original Kennecott company produce less than 8% of the present production of Kennecott and its subsidiaries and associates. The two large children of the small Kennecott parent are Utah Copper Co. (Guggenheim) and Braden Copper Mines Co., located in the Province of O'Higgins, Chile. In 1927 these companies produced 235.358 tons of copper, about 13½% of the world's total production. Other companies indirectly controlled produced an additional 179,636 tons...
...Anaconda originated and centres in Montana, owning more than 3,300 acres of copper mines in and around Butte. It has recently received much publicity through litigation with W. A. Clark over title to various Montana copper properties (TIME, Sept. 3). Anaconda also has large foreign properties, notably the Chile Copper Co., acquired in 1923 from the Guggenheims and said to possess the largest copper deposit in the world; the Andes Copper Mining Co., also in Chile, and extensive zinc and lead holdings in Poland and Silesia. An extremely important Anaconda subsidiary is the American Brass Co., the world...