Word: anaconda
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...silver on the Manhattan Commodities Exchange reached 40⅞?, the highest in three years. Of last year's world production of 160,000,000 oz., 102,000,000 oz. were mined by six U. S. companies (American Smelting & Refining, American Metal, U. S. Smelting, Cerro de Fasco, Anaconda, Phelps Dodge) who dig silver as a by-product of copper mining. Most of the U. S. output is usually exported to China and India. Normally stocks of silver in Manhattan run from...
...Artemus L. Gates, of N. Y. Trust Co.............5,000 Walter S. Gifford, of A. T. &. T .........1,000 George H. Howard, of United Corp............2,000 Arthur Curtiss James ............2,000 Percy H. Johnston, of Chemical Bank & Trust ........1,000 Cornelius F. Kelley, of Anaconda ..........2,000 Clarence H. Mackay ...........2,000 Jlenry C. McEldowney, Pittsburgh banker ........5,000 Charles E. Mitchell ................10,000 Frederick K. Morrow, of United Cigar. .............1,000 Thomas Nelson Perkins, of A. T. & T. .............500 Wm. C. Potter, of Guaranty Trust Co. .............10,000 Seward Prosser, of Bankers Trust Co. ..............10,000 Alfred...
Letters were introduced showing that Mitchell had sold 8,500 shares of Anaconda Copper to his friend, President William D. Thornton of Greene Cananea Copper, but had bought them back four months later for the same price. This transaction Medalie called a dummy sale to escape income taxes. Defense Counsel Steuer called it a favor to Anaconda Cop- per who, he said, had asked Mitchell to sell it to Thornton in order to prevent public dumping of the copper shares...
...which last week hit their 1933 highs as a result of the gold embargo and subsequent developments were: 1933 1933 Low High U. S. Steel 23⅜ 44½ General Motors 10 18⅞ International Nickel 6¾ 15 American Can 49½ 7 6 Homestake 145 204⅞ Anaconda Copper 5 15⅛ Liggett & Myers 49 ½ 79 National Lead 43¼ 90 Utah Copper 35 60 New York Central...
...from Alaska to Mexico. He went back to Missouri for his bride, patrician Phoebe Apperson, descended from Carolina-Virginia stock. His mines, ranches, banks, race horses and friends were one of the greatest collection ever made even in old California. He also owned $7,500,000 worth of the Anaconda; his million acres in Mexico pastured 48,000 cattle; and he would have bet any amount of it all on the landing of a fly on a lump of sugar. He went to the Senate on the appointment of a man he had fought for the Governorship. President Cleveland preferred...