Business: Anaconda & Copper

By no stretch of imagination could the 118,000 stockholders in Anaconda Copper Mining Co. be called "satisfied." They have received no dividends for four years. In that respect they are not alone among U. S. investors, and their grudge has another basis. A number of them still resent the price they paid for Anaconda in 1929 when the stock touched a high of $174 per share. Three years later it could have been bought for $3. Moreover, many stockholders feel they were high-pressured into buying Anaconda by no less a supersalesman than Charles...

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