Word: cananea
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...manganese producer. A graduate of the Michigan State College of Mining and Technology, Weed started at the bottom of a mine as a pick-and-shovel hand in 1911, later managed copper properties throughout Michigan, Arizona and Mexico. In 1935 he was named president of Cananea Consolidated Copper Co., a Mexican subsidiary of Ana conda, has been a vice president of the parent company since...
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...
...Cananea Copper Co., to establish a loss of $759,000, and failing to report a bonus of $666,666.67 from National City Co., thereby avoiding a tax of $130,000. Penalty if convicted: not more than five years in jail nor more than $10,000 fine...
...Billy the Kid was issued and called a 'Saga.' If that was a Saga Gun Notches is an Iliad, also an Odyssey. The story of a prairie fire is a bit of an exquisite word painting as ever was written; the incident when Bill Greene at La Cananea and Tom would have taken the State of Sonora from Mexico if Tom could have hog-tied General Kosterlitzsky is a new matter of history...
...copper news last week included rumors of further price reductions, an-other dividend cut by Anaconda Copper, now on a $2.50 basis against $6.75 last year, and by Andes Copper, now on a J$1 basis against $2.25. Inspiration Consolidated Copper, on a $3.75 basis last year, and Greene Cananea Copper, on a $7.50 basis last year, both passed dividends. Phelps-Dodge's stockholders who last year complained because the company retained a conservative $3 dividend rate are now among the few copper shareholders who have not had their income reduced...