Word: anacondas
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Dates: during 1960-1969
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...power from Bonneville Dam and Stratmat's smelting process-to retrieve iron, copper and zinc from waste copper slag cast off by copper companies. A Webb & Knapp subsidiary, in which Stratmat is to have a minority interest, plans to build a mill in Montana and buy slag from Anaconda Co. at 25? a ton. The slag heap contains iron, copper and zinc ores worth an estimated $1.4 billion. Zeckendorf even hopes to sell his leftover steel slag to go into the concrete of the Government's proposed Libby Dam in Montana...
Room 455 at Hoover High School in Glendale, Calif, contains a red-tailed hawk that eats horsemeat, a sinister 8-ft. anaconda, hordes of white rats, a map of every ant colony in the vicinity and George Cassell, 28, an exuberant young man who grew up at the foot of Mt. Shasta with a trout rod in his hand, football on his mind and no thought of study. As it turned, out, he was destined to make Room 455 just about the most popular teen-age hangout in Glendale. Since he teaches biology-one of the deadlier subjects...
...away in Helena. Mont., another Liberty (or Justice, for no one seems to be quite sure) has also had her experiences. About 20 years ago she blew over on her side, and when she was stood upright again, the Montana secretary of state-an avowed enemy of Anaconda Copper-took the occasion to have her copper coating changed to aluminum. This caused quite a bit of talk for a while, until politically powerful Anaconda paid for having her tan restored...
INVESTMENTS IN CHILE of $250 million over next four years are being planned by Anaconda and Kennecott copper companies. Since copper production helps finance government's expenses, the money will aid in restoring Chile's earthquake-damaged economy...
...stocks. For months the blue chips have in general shown little or no gain, and many have lost ground. In the past year Standard Oil (N.J.) has dropped from 51¼ to 40¾, Du Pont from 25⅜ to 204¾, General Motors from 50⅜ to 44, Anaconda from 63¾ to 50. While the blue chips have been down, many of the growth stocks have been really scooting (see chart...