Word: coppers
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Dates: during 1920-1929
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Between 50,000 and 100,000 claims (totaling $100,000,000) are being prepared against the Mexican govern-ment by American citizens and corporations. Virtually every petroleum company operating in Mexico, every copper, gold and silver mining company, individuals (including ranch owners), business interests, and relatives of persons injured and killed in the course of the last decade of revolution, spoilation and expropriation, are filling in the appropriate blanks distributed by the U. S. State Department. Thus Mexico will soon face a $100,000,000 bill...
...Quixote" in original translation owned by the Library. Among these are several facsimiles of first editions published between 1608 and 1616, including one of the 1608 edition on which is based the other 1100 odd editions of "Don Quixote". There is one rare copy, containing illustrations from curious copper plates by John Philips a nephew of John Milton. There is also a copy of the first English translation by Thomas Shelton, which belonged to James Russell Lowell '38, and later to Charles Eliot Norton '46. The rest of the exhibit is made up of German and French translations, a facsimile...
...recent upturn in copper prices, accompanied by signs of increased consumption and improved conditions among European nations, was hastily seized upon by many as proof that all American copper companies were in for better times. Anaconda copper suddenly passed its dividend, followed shortly afterwards by Inspiration and Calumet and Hecla, and there then came a day of hysterical selling in the stock market, in which practically all the coppers declined. Subsequently, however, the better companies have been thought more favorably of, and their stocks have risen again, particularly after Kennecot declared its regular dividend...
...Anaconda episode was caused by a too hasty resumption of the dividend a year ago, when copper momentarily advanced to 17½?, as well as to the assumption by the company of bond interest and sinking fund requirements of $14,000,000 as a result of its acquisition of American Brass. Except for its newly acquired Chile Copper Co. properties, Anaconda is a high-cost producer, and with the red metal selling about 15% below even the 1913 price, cannot expect to operate its old deep-shaft mines at much, if any, profit. With such companies as Kennecott, Chile, Utah...
...advance in copper prices after Anaconda's suspension of the dividend has been in part due to the belief that this company and others in the same position intended to curtail production, in order to allow the red metal to advance to price levels where production would prove more profitable...