Word: kennecott
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...Naugatuck Valley are many ancient companies. Some have shared in the general decline of New England industries, but the copper and brass manufacturers thrive above all others, produce 70% of U. S. fabricated brass. In 1922 Anaconda Copper Mining Co. reached into this region, bought American Brass Co. Later Kennecott absorbed Chase Brass & Copper Co. Last week Scovill Manufacturing Co., most venerable of all the Valley's brass companies, figured in a deal, but, absorbing instead of being absorbed, continued an expansion policy in buying A. Schrader's Sons, Inc. of Brooklyn...
...earnings many stocks sold at a point where their actual yield in dividends was higher than the yield of bonds. The following were typical of stocks which were purchased at a price to yield in dividends between 8% and 10%: Anaconda Copper, Bethlehem Steel, Chrysler, General Foods, General Motors, Kennecott Copper, Sinclair...
...Kennecott (copper) was 158, after a two-for-one split is 86 3/8, or $69,101,242 increase...
Nevada Northern (subsidiary of Kennecott Copper) stationed its private cars some 2,500 miles off-line at the Erie R. R.'s Jersey City terminal...
...Kennecott Copper...