50 Pieces of Phelps Dodge Corporation - dated 1950's-60's Mining Stock Certificates - Group of 50 Stocks

Male figure seated above a huge factory open pit mine scene by American Bank Note. Blue and/or green. 50 pieces. Phelps Dodge Corporation was an American mining company founded in 1834 as an import-export firm by Anson Greene Phelps & his two sons-in-law William Earle Dodge, Sr. & Daniel James. The latter two ran Phelps, James & Co., the part of the organization based in Liverpool, England. The import-export firm at first exported United States cotton from the Deep South to England, & imported various metals to the US needed for industrialization. With the expansion of the western frontier in North America, the corporation acquired mines & mining companies, including the Copper Queen Mine in Arizona & the Dawson, New Mexico coal mines. It operated its own mines & acquired railroads to carry its products. By the late 19th century, it was known as a mining company. On March 19, 2007, it was acquired by Freeport-McMoRan & now operates under the name Freeport-McMoRan Copper & Gold Inc.

Anson G. Phelps started a partnership in New York City during 1821 with Elisha Peck, a merchant who had been in trade in Berlin, Connecticut. Peck moved to Liverpool to run the British end of their business, an import-export company that shipped U.S.-grown cotton from the Deep South to England, importing tin, iron, copper & other metals essential for industrial growth & development in the United States. In 1834 Peck left the business & was replaced in Liverpool by Daniel James, who remained there until his death in 1876. It was at this time that the concern of Phelps Dodge & Company was begun. Read more at https://en.wikipedia.org/wiki/Phelps_Dodge