Word: hecla
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Dates: during 1920-1929
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Chickasha, Okla., knew W. H. Draper as an eccentric homesteader with a mule called Jack. W. H. Draper was graduated from Harvard in 1896, got a job with the Calumet & Hecla Copper Co. Last week he died and willed everything he had- $2,000 and a 27-acre tract-to his good friend, Mule Jack...
Rodolphe Louis Agassiz, Massachusetts Republican, board chairman of Calumet and Hecla Consolidated Copper Co. Reason: the Anti-Saloon League...
...father found, of course, no gold covering the Michigan district where he eventually betook himself. But below the surface he found a metal far more useful to the industries of man-copper. He discovered the rich Baltic coppermine in the Lake Superior copper-district, and he managed the Hecla mine. The son, however, when he reached manhood, at first would have nothing to do with copper. He preferred to deal with another subsoil wealth-the oil that John D. Rockefeller and his partners were selling. In that way he met the late Marcus Daly, western mine-promoter and Montana banker...
...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...
...bold and successful policy pursued by the Anaconda Copper Co. in taking over Chile Copper has obviously been watched closely and admiringly by other producers and refiners of the red metal. Now the Calumet and Hecla Copper Mining Co. has initiated a merger of its own, which has been agreed upon by the officers of four smaller concerns whose absorption is planned. The new company will have an authorized capital of 2,500,000 shares of $25 each, of which 2,005,502 shares will be distributed to stockholders of the five merging companies. The four smaller concerns are Ahmeek...