Word: noranda
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Dates: during 1930-1939
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...Washington except a few involved cases where SEC had granted additional time. Despite wrathful predictions made when the Securities Exchange Act was passed, no major corporation had failed to file. Most of the securities delisted were small inactive issues. Only popular stock to leave the Big Board was Noranda Mines, heavily traded in Toronto. Thus by last week SEC had peacefully carried out the last of its major Businessmen discovered sympathy, mandates upon which Congress had placed time limits...
...pension (doled out in small amounts so that he will not disappear for too long at a time). There they went down into the bowels (4,134 ft.) of the earth to see the quartz gold vein being hacked. From Porcupine they planned to go to Kirkland Lake and Noranda mines and fly back to Toronto and New York prepared to buy Canadian gold shares with new avidity...
...conference table were the lords of copperdom: Cornelius Francis Kelley of Anaconda, which has 60% of its production outside the U. S.; Louis Shattuck Gates of Phelps Dodge whose strategies saved the conference a year ago; Stephen Birch of Morgan-linked Kennecott; James Y. Murdoch of gold & copper producing Noranda; Felicien Cattier of Africa's Katanga; Robert Crooks Stanley of Canada's International Nickel, in line for the first time; Sir Auckland Geddes of Rio Tinto and Rhokana, one-time British Ambassador at Washington. A stony silence greeted Dr. Sussman's statements that Roan's production...
...some gold. Nine years later he staked the claims, financed by a syndicate of farmers. Experts refused to buy him out but in 1922 two New York men, Humphrey W. Chadbourne (brother of Sugarman Thomas Lincoln Chadbourne) and Samuel C. Thomson, mining engineers, prospecting in the district, formed the Noranda syndicate to take over what Ed Home had found...
...diamond drill 131 feet deep at Noranda startled the mining world by striking copper as well as gold. A town arose and the great Noranda mines were under way. In 1925 the 20,000 Noranda $100-par shares were split 100-for-one. At last week's price of $27 the old shares would be worth $2,700. At last year's high of $44 a share, Noranda's valuation was $96,000,000 against the original...