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...estimated at $32,000,000, about one-half as much money as the railroads lost during the first nine months of the year. ¶ Homestake Mining (which, at $420, is the highest priced common stock on the New York Exchange) gave each employe a $100 Christmas bonus. ¶ Calumet & Hecla (Michigan copper...

Author: /time Magazine | Title: Business: Popcorn | 12/9/1935 | See Source »

Last week the William Lawrence Saunders gold medal for distinguished service in mining* was awarded to James MacNaughton, president and general manager of Calumet & Hecla Consolidated Copper Co. of Michigan. Presentation was made by President Cornelius Francis Kelley of huge Anaconda Copper (no corporate kin to Calumet & Hecla) at the annual dinner of the American Institute of Mining & Metallurgical Engineers, convened in Manhattan to discuss mines, metals, men & methods...

Author: /time Magazine | Title: Science: Mines, Metals, Medals | 3/4/1935 | See Source »

Calumet & Hecla history goes back to a day before the Civil War when a surveyor named Edwin James Hulbert found a rich vein of copper lode called "conglomerate" because the ore was a cemented mass of pebbles containing pure copper. Hulbert recalled that Boston's famed Naturalist Jean Louis Rodolphe Agassiz had visited the district, showed interest in scattered pieces of conglomerate. Hulbert hastened to Boston, enlisted such glittering names-Higginson, Hunnewell, Livermore, Agassiz, Quincy Adams Shaw, Horatio Bigelow-that his venture became known as the copper company with a Harvard accent. The first shaft was sunk...

Author: /time Magazine | Title: Science: Mines, Metals, Medals | 3/4/1935 | See Source »

Died. Rodolphe Louis Agassiz, 61, Boston banking & mining tycoon, board chairman of Calumet & Hecla Consolidated Copper Co., onetime international poloist, grandson of the late great Naturalist Jean Louis Rodolphe Agassiz; after long illness; in Prides Crossing, Mass., his home since...

Author: /time Magazine | Title: Milestones, Aug. 14, 1933 | 8/14/1933 | See Source »

...Harry Benedict, metallurgist for Calumet & Hecla Consolidated Copper Co D.Eng...

Author: /time Magazine | Title: Education: Kudos Jun. 6, 1932 | 6/6/1932 | See Source »

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