Word: coppered
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University of Pennsylvania Alumnus William Guggenheim, copper tycoon, chronic writer-to-the-papers, 71 -year-old songwriter (You're a Glamour Girl, Crumbs of Love), caught wind of a U. of P. plan to award Franklin Roosevelt an honorary degree. To President Thomas Sovereign Gates, onetime Morgan partner, he sent an indignant wire, declaring that he believed the "vast majority of our 40,000 or more alumni, who are Willkie-for-President men," would be as shocked as he, hoping President Gates would "rectify what must be an unintentional mistake...
Sick, volatile and afraid of what Washington may do is the copper industry. But last week the copper market enjoyed its busiest day on record, selling 113,106 tons (previous record: 106,101 tons, July 21, 1936). Part of this was due to a price increase. As usual the price booster was Copperman No. 3, Phelps Dodge's Louis S. Cates, who moved the market up ½? a pound to 11½?. Booster Gates has been wrong on his market many times, and no Phelps Dodge price sticks until Coppermen 1 and 2, Anaconda's Cornelius F. Kelley...
...covered with long grass outside the camp. They also found a hidden radio room, equipped with a homemade receiver and still uncompleted transmitter. Wet cells for the radio had been made from fruit jars stolen from a train on which the prisoners had been taken to camp. Zinc and copper had been taken from unfinished plumbing. Other parts were improvised from an old house-telephone system. But radio tubes and a large dry cell were not homemade-someone had smuggled them...
...Huge coal deposits at Karaganda in Kazak, only recently prospected, are now yielding 5,500,000 tons a year, and the once Godforsaken hamlet of Karaganda has become a modern city. So has Kounrad, where the mining of extensive copper deposits around Lake Balkhash has begun. Sulfur plants have sprung up in the hills of Darvaz in Turkestan...
...Butte, Mont. In World War I, U. S. producers went to work on their submarginal deposits, by 1918 were turning out 35% of U. S. needs. After the Armistice the cheaper product of foreign mines drove down U. S. production to the vanishing point. Last week from big Anaconda Copper came word that U. S. manganese would go to market again. Awarded to Anaconda by the new Government-owned Metal Reserve Co. was a contract for 240,000 tons of manganese, to be delivered at the rate of 80,000 tons a year. Most heartening news of all was Anaconda...