Word: copper
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Dates: during 1930-1939
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...resemblance to their gamebird cousins, are native to most of Asia and parts of the East Indies. Chief export centres are Singapore and Calcutta. Prices range from $10 or $15 per pair for common Goldens or Lady Amhersts to $250 for a pair of rare, shimmering blue-green-gold-copper-crimson Impeyans. Except for a few jungle varieties, the birds are hardy, need nothing in the way of quarters but a brush pile and windbreak...
Early last month the Navy advertised for 2,600,000 lb. of copper. Not an envelope came in. Again it invited bids, again there was nothing to open. Since copper would not go to the Navy, the Navy last week went to copper, ordering 400,000 lb. at better than 12? per lb. from Kennecott in Manhattan and Calumet & Hecla Consolidated in Boston...
...Though copper men volunteered no explanation for their apathy, the obvious answer was the Walsh-Healey Public Contracts Act, passed at the last session of Congress and applicable to all Government orders of $10,000 or more, exclusive of transportation, communication or construction contracts. The law requires the bidder to 1) pay prevailing wages, 2) adhere to an eight-hour day, a five-day week, 3) employ no child or convict labor, 4) maintain safe and sanitary working conditions. Most reputable corporations can qualify on all points except hours...
...further the seismic explorations of F. Julius Fohs, an oil geologist. Eventually Geologist Fohs discovered the English Bayou Oil Pool in Louisiana and Mayflower stock-holders received stock in Fohs Oil Co. now worth $2,500,000. Another venture was a $4,000,000 investment in Rhodesian copper properties, a commitment which was long thought to have been fabulously profitable. Actually, Mayflower lost...
...families, biggest stockholder being President McConnell. A tall, spare onetime mining engineer, President McConnell was born 47 years ago in Colorado's Uncompahgre Valley, early stamping ground of Jack Dempsey, Harold Lloyd and Billy the Kid. His first practical mining experience was on a steam shovel on a copper property at $4 per day. Even in high school, however, he was taking long shots on penny mining stocks with notable success. In 1921 he went East to unload a big stock of gasoline owned by a pinched oil company, stayed to form his own New York Stock Exchange firm...