Word: anacondas
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COPPER PRICES have jumped to 40? a lb.. the highest level in the U.S. since 1872. With the exception of Kennecott Copper, which boosted the price of Chilean metal only, the big companies (Anaconda, Phelps Dodge, and American Smelting & Refining) hiked prices of copper for the third time this year, for an overall 10?-a-lb. increase since January. Reasons: 1) a 15½? wage boost given 35,000 U.S. copper workers after a 43-day strike, 2) a general increase in world copper demand...
...comparison, the U.S.'s biggest uranium mine, Anaconda's Jackpile Mine in New Mexico, has ore reserves of only 5,000,000 tons...
Vivien Leigh's Lady Macbeth was not so kindly received. The Observer found her performance "more niminy-piminy than thundery-blundery, more viper than anaconda." But the Times found that her "pale and exquisitely lovely Lady Macbeth does at least explain why Macbeth married her, a mystery that too many Lady Macbeths leave unelucidated...
...help they needed to put .hem in the aluminum business. The companies told ODM that they jointly plan to build an $85 million aluminum plant with an annual capacity of up to 66,000 tons. Thus the Big Three, which becomes the Big Four later this year when Anaconda Copper gets its 60,000-ton aluminum smelter operating, may turn into a Big Five within a few years...
...Glover, 64, stepped into the board chairmanship of the Anaconda Copper Mining Co., the world's No. 2 copper producer (behind Kennecott), succeeding Cornelius F. Kelley (TIME, May 30). Glover got a law degree at the University of Oregon in 1915, served as a sergeant in World War I. In 1919 he hung out his shingle in Great Falls, Mont., representing among others Montana Power, Great Northern Railway, Anaconda. He joined Anaconda's legal department full time in 1943, and within eight years was general counsel and a vice president. Recently, Glover skillfully helped resolve thorny difficulties over...