Word: kennecott
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Dates: during 1950-1959
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Grants and commitments for the projest thus far have come from the Carnegie Corporation of New York, the Sloan Foundation, the United States Steel Corporation, the Kennecott Copper Corporation, and the Hudson Gas and Oil Company...
...Morgan Guaranty as one of the principal dealers in government securities. The bank annually sends out more than 9,200,000 dividend checks worth $1 billion for corporations, takes care of investing $6.5 billion in trust funds. Morgan Guaranty runs pension funds for such big corporations as Johns-Manville, Kennecott Copper, Philip Morris, the New York Times. It runs them well. Alexander's current appraisal of the stock market is one of caution; the bank is now putting only one-third of new money into stocks, compared with its normal...
...steel strike, the Federal Reserve Board's industrial production index did. Some 100,000 workers were laid off in mines and railroads, and carloadings dropped to 532,304 cars, lowest for a comparable week in years. Last week the Steelworkers Union and others called a strike at Kennecott Copper Corp. and Magma Copper Co. that idled another 15,000 workers. As a result, industrial output declined 1% in July to 153% of the 1947-49 average, two points below the record June level of 155%. But activity in most other durable-goods industries increased, and output of nondurable goods...
Chemicals 1958 1959 Du Pont $3.08 $4.61 Wyandotte .14 1.22 Freeport Sulphur .79 .91 Union Carbide 1.66 3.00 Olin Mathieson .74 1.32 Thiokol .22 .65 Rails 1958 1959 Pennsylvania Railroad loss $ .48 New York Central Railroad loss 1.56 Miscellaneous RCA $ .86 1.29 B.F. Goodrich 1.60 2.18 Kennecott Copper 2.07 4.32 Libbey-Owens-Ford .57 3.16 Pepsi-Cola .85 .97 American Machine & Foundry 1.38 2.27 Texaco 2.37 2.79 National Distillers .88 1.05 National Cash Register .96 1.07 Phillips Petroleum...
...electric ranges. Much of the buying was for new houses; builders reported new residential contracts for $1,021,516,000 in January, up 32% from January 1958. With the faster pace, supplies of raw materials grew thinner as manufacturers hedged against possible strikes. The three major copper producers. Anaconda, Kennecott and Phelps Dodge, hiked copper 1½? per Ib. to 31½?, highest price in 21 months. And steelmakers set a rate of 89.5% of rated capacity, said shipments were still far behind orders...