Word: coppers
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...construction, steel output was scheduled at 85.4% of capacity, best since 1953, and demand was so great that a mild grey market developed for some steel products. In the lead and zinc markets, buying was heavy as manufacturers hedged against price rises that might follow the recent boost in copper...
...Copper Proppers. While its atomic-powered pride, the Nautilus, was undergoing her first diving tests General Dynamics declared a 100% stock dividend, and raised its cash outlay from $1 to $1.10 a quarter: the stock scooted up 14¾ points during the week, to 96⅝. Remington Rand reported a third-quarter net of $5,003,268 v. $3,144,787 a year ago, and its stock jumped 6⅜ points, to 40; giant General Motors reported quarterly net of an estimated $2.50 v. $1.60 m 1953, and near-record earnings of $806 million for the year v. $598 million...
...backed by a still rising business level. The Federal Reserve Board's industrial production index rose one point, to 130, in December, and was probably up some more in January. Steel output, at 84% capacity, was the best in 14 months. With tension rising in the Far East, copper buyers scrambled to build their inventories. Last week producers jacked the price of copper by 3?, to 33? a lb., the first upward move in almost two years...
...Near Spur, Texas, the four sons of Mrs. T. E. McArthur dug up 30 tons of sandstone outcropping on their mother's ranch, shipped them to Anaconda Copper's uranium mill at Bluewater, N.Mex., and got the report that they had found Texas' first commercial ore. The McArthur boys, busily shoveling up more ore, reported last week: "The deeper we go, the hotter it gets . . . This shipment is going to average out at 2%," i.e., ten times minimum commercial grade...
...Near Tucumcari, N.Mex., Anaconda Copper, Gulf Oil and others were in the field, and the county recorder's office was swamped with 75 new claims in two days, following an Atomic Energy Commission announcement that a radioactive area had been discovered...