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NY. Kennecott Copper Corp, 1980 <100 Shrs Specimen Stock Cert, Unc. SCBN Yellow

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:20.00 USD Estimated At:50.00 - 100.00 USD
NY. Kennecott Copper Corp, 1980 <100 Shrs Specimen Stock Cert, Unc. SCBN Yellow
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NY. Kennecott Copper Corp, 1980 <100 Shrs Specimen Stock Cert, Unc. SCBN Yellow. In 1915, in order to both dilute the cost of a new railroad for Alaska's copper mines and to find new ventures for the capital produced by the mine, Kennecott Copper Corporation was incorporated out of the various financial interests involved, with Stephen Birch as President. By 1952, Kennecott was easily the biggest copper producer in the United States, accounting for about 25% of copper production in the free world. Following troubles in the 1970s, the company was divided into separate entities, and officially ceased to exist by 1997.