Word: anaconda
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Married. Cornelia Adrienne Kelley, daughter of President Cornelius Francis Kelley of Anaconda Copper Mining Co.; and George Hepburn of Manhattan; at Manhasset...
...Belgian outlet lor the Katanga mines of Africa. Although producers insisted M. Pisart's visit was merely a routine one, many observers interpreted it as a crisis in the affairs of Copper Exporters, Inc., international price-controlling combine. When Copper Exporters was organized, its president Cornelius Kelley of Anaconda Copper Mining Co. optimistically stated that its purpose was to keep the price adjusted to day-to-day conditions in Europe. European consumers, long unwilling to pay 18? for copper, now grudgingly purchasing a minimum at 14?, feel this policy has been violated. In retaliation they have found a weapon...
...companies, the control is definitely European. It will be increasingly difficult for a group in Manhattan to set prices unless those prices are maintained by African companies. While the Manhattan meeting of last week was taking place, M. Pisart might well have noticed with interest that Chile Copper Co., Anaconda-controlled, reduced its dividend from $3.50 to $3, thereby reduced Anaconda's income by $2,000,000; that practically all copper stocks touched new lows on the Exchange; that independent speculators were said to be offering 2,500,000 lb. at 13½?; that Anaconda reduced its miners...
Phelps-Dodge ranks third among largest independent companies, being outranked by Anaconda Copper Mining Co. and Kennecott Copper Corp. Such a deal would not be surprising, however, since, recently, the two companies have become closely affiliated. In 1928 they purchased large foldings in Nichols Copper Co. which has built a refinery to be shared by all three, and the same year, together with Nichols and Old Dominion Co. they formed Phelps-Dodge Sales Agency...
...largely responsible for the installation there of his friend George Bruce Cortelyou as president) and Chrysler Corp. (When Walter P. Chrysler was founding his since famed company it was Brady estate money which practically financed his project.) Other companies of which Nicholas was a director were Anaconda Copper Mining Co., Chili Copper Co., Union Carbide and Carbon Corp., Mohawk-Hudson Power Corp. and dozens of power and light companies mostly in New York State and in Japan...