Document zQ4ZQDKZR9O5moBkdzDKvB7w3
FILE NAME: Asarco (ASAR) DATE: 0000 DOC#: ASAR007 DOCUMENT DESCRIPTION: Entry in Moody's Industrial Manual
MOODY'S INDUSTRIAL MANUAL
47
CAPITAL STRUCTURE
ASARCO INCORPORATED
long term debt
, -- ' ;
. S.f. debenture 9%s, 000....................... .
O*uA7t1sm,t3ao0nupdn,0itn0g0
Times 1C9h8a1rges Ea1r9ne}d
InDtaetreesst
PCriaclel" , 1981Price Rang1e980
3421... OA8.mt8h0ee%rr.dSneombteetls.t...d.&.u..e..R..1f..9g..8..3.s..u....b........d...e....b........,4....%......s....,.....1...9....8....8........... *B3aa 1
38,300,000 2780,,320000,,000000
2.77 14.92 MMA &&&0NN1511* S3111000500>.8/25 967131%--- 856006% . 869287%%--- 865376%
CA. P*7ITcAumLuISslT.surOeedCeKem, pfd. ser. A
" ........................
NVoPaalpuraer
21. *6.25 cumul. redeem, conv. pfd. ser. B ___ No par
1O.5uA5t0sm.t0ao0nu0dnsithnsg. 1 1.250.000 shs.
3E1--J9E8a1med p[e3r1.S.9.8h..0. ,,1D9iv8s1. Per Sh1. 980 PTCreaixcllet
1.9..8..1.P..r..ice Rt ang1.e.9..8..0......
3. C[.o.[mSumbjeocnt
HISTORY
.t..o...c..h..a..n..g..e..;...s.e..e...t.e..x...t....G...Q..B...a..s.e..d...o..n...a..v
eNr,oshpsa!r1as r[e1p3o26r,t0e2d5,b1y46Csoh.s SUBSIDIARIES
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a18c9Ion9n,csoaosrlpiAdoarmatietoernidcoafinnaSnNmueemwltbineJgreorasfnemdy iRnoeensfi,nsAimnpgerliClteor4.s, and refineries; present title adopted Apr. 22,
%seocfovwotninedg tiaennrtynerametisivtneiolnyng,mpAriZonjeLercamtlsathyparrtoemdceuaicyveedbaefdr2oe.7mv5e%tlhoeproepydraoAlptly orother erty if it elects n ot to fund its w orking interest
i1n9I7Fn5e. dM1e9r0oa3rl,e Maimciqnpuionirrgetad8ntctSoamncqterulotilislniigntigoCnsost.of(ocmlkloeiwrng:teedreisnt April 1953).
N((cba))mAAellltoaaynMdSippneliacncigaelatoniefdsinDCcoeo.vrp(ePolorapa.mt)io.e.n.n.t..C..o.....(.U..t.a..h..)
bcaosnetsroolf aspnedciiftisedwleovrekli.nTg hientoewrensetr iosf rtehdeuoctehderb5el0o%w oaf (1(6020..40)) tahgerememineenrat lT ihneteprreostp eirstyaltsoo bae epxaprltoyretdo isthine
tIon IGn19e12n98e2ra7a,clqsCoulaidrbelrdeo dCcooannrptdr.osflhooerfesteMmcuiiclrhlitiaigetasBnoaCfltloiampttpoeerrer.
((cc))AAmmeerriiccaannSLmimeeltsitnognaenCdoR. (eTfienninng.)C..o.......... (a^Asairo Developments (NZ) Ltd. (New
( 100.0) ( 100.0)
daa cne tnicvaeirtegyaoilndntehmaeirnl aett,hewe 1h8ni0co0hw'sw-aaanbsdatnehdaeor lsnyiet ed19o0if0n*mdse.i np ienng
SpinietrBo&rRaBsesprauCsbosl..icIwnBch.ir)ca.hsssuCbosrepq. u(ennotwly Rweavserme eCrgoepd (a)(CAasnaarcdoa)E.x.p..l.o..r.a..t.io..n...C..o....o..f..(...n..a.d..a..,..L...t.d...
(100.0) BUASSIANRECSSO AIncP.RisOoPnEeRoTfIEthSe w orld's leading
saedtIsinvoisf1i9Fo3ne2d,inearc1aq9te3ud6ir. eMdetbaulssiCneosrsp.a, nwdhiccehrtbaeincaamse In Dec., 1951, through a new subsidiary.
(((aac))) AAAsssaaarrrcccooo EMInxteperrlconaranatttiiioloennCaCloC.o.(o,lrIepn.xc(..D()N.e...lY...)....).........!..!....!... (a) Asarco Oil and Gas Co., Inc. (N.Y.) . .
(((111000000...000))) sipnirlovthdereu,cUceornpsitpeoedrf,Snlteoaatndefsea,rnCrdoauznisandcm.a,IettPaoelspr,uerpaarntiednscBmipoialnilevlys 1000 ia. Its associated com panies, M .I.M . H oldings
nFmeeasdjseororaifttyeFdrianMntekreeetlsatlCsionrCpna.o,nnaLdtfdae.rrLooftudsT.,omraoectnqatulosi,rbeOdunsita. ((aa))(cAA)SsCaAorRcvoiCn(OgAtoSunsatnLrtaaalniCad)rCuPzot,y.I.(nDLcet.dl(..)D(Ae..lu...)s...t..r..a...l..i..a...)......
(
(
(
110000...
00)))
( 110000.00)
LaSn.iAmd.,itMeodpe,exSricaootuethDmeerisnnaersProeilrnluo ACIuonspdtpruaeslrtiraCi,aolPrepMrourianteairnoodn,
m(naoInnwuMfwaahcyotu,llr1ye9so57wm,naeectdqa)lu.ifriendisEhinntghosnpee,cIianlct.i,ews haincdh equipment at New Haven, Conn.
((ab)L) BBtdolal(civIkidhaaanw.L)k.e.a.M.d..iC.n.i.on.r.g.o..a.,.n.S.d.A.D...e(.v.N.e...lY.o.p...i).n....g....C....o.....,.... (bxd) CompaniaMineraQuiomaSA
( .)
1(9090.07)
Me1d3e%xciocorofn,FrrmeeseepseWcttooivrgleedltyhm.eiArnseinaprc1roo98da1uncadtcioictnos uoansftsesoidldvfaeotr-r
( . ) 8% of copper, 9% of lead and 8% of zinc,
coaf nAMsoepoxeficrJaauntilnyingd1s,uus1bt9rs6iia5d,liiaasrtsy5.1wT%arasinnSstoealrcdetistotonianacgMcrooemxuip (a)(cC)aCpeemoeP(niBptoAelCsivboiemas)tpo..as.n.P.y.r.,o..Id.n.u.c.c..t.(s.A.C.l.a.o....).(.A......l..a.......).......
(58.0)
( 100.0)
ri.tesfIionnwearndodmfi tniinooennsf,teoAr rsmoauri ncs oimnigse taaanlcdourtserteos ammt iinsnmge deolbrtteyfrroaotnmhd
Cdpeloir.sh1ree9d6q1urielravewids,ibaoyncotihn. ethoMwa tniinesirn5sgh1%iLp aoowwf ntohefed1Mb96ye1Mx. iUceaxnn ((aa())aC)olommpaenIinatEeMrnnitnahetoiroanneAa,IlsnaIrnccoco.r,p(SM.(ANic.h(YC.).h)..i.l..e...)......
( 100.0) ( 100.0)
( .1.0.0....0,)
"oe"rt sh,,.ea rbOsoroue rst 8p?ar%nodc?e sfcsoendc esfinoltvrreatrht,ee7sm0p%ounor cfthtohalsleeacdcocpfopruoenmr .t
ipincraoMndeunxcaitctiiooo.nnaalnsdisexaplloorwt etdaxaes5o0n%mreetdaulsctmioinneidn
((ba))(bFF)eadirevriaelwMMiniin(nidgn)gaMnCdoic.S,romLIetmdltian(gCgeaCInnoa.cdo(Iardp)..a.(...N).....Y.).............((.1((170608000....0000))))
9b 5y %A soafrtchoeslepardi m, aanr dy 4p 0l a%n tos .f rile zinc produced A sarco's w holly ow ned subsidiary, F edentt-
MnoiAwnsearkornc,ooSw'.sAna. saasshoocMiladetixenidgcoccooDmmeppsaaanrnryyoltlihona tMInoedwxuniscstortihaiesl stock of Industrial M inera M exico, S.A. IM M
((aa))(bFF)ee(dddee)rrFaaetteeddderMMateeettdaallGsseCCnoacrnopa.Ld(taNdL..(YtCd.a)(nC..a.a.d.na.a.).d....a...).. (aj LoneStar LeadConstructionCorp.
((11(600000...000))) aaenldsdMcroennt&atalgsinnCeisnoigurpmoc.orapOtpitoehnre,,r rleescuaydbc,sliezdsiinascrci,erasaplupmmroaidntueurcmie-
wwiioiatlshicryen.setwTruhcreetuqMrueiderxeamictaetnhntessetoonfcdkMohfoel1xd9iec7ra8sntoolafcwoImMapnMldy ((aa))GGeeoommiinneerraallss,Ihnsiutr(aNnc.YeC.)o...,..L..t..d..... . . . . .
(100.0)
(70.0)
vsApelesr eoc ,iCaAlot yspapcr cehore mahniacdsa lBas rasainsgsdnIisfnoiccloaa rnr pteoni nreatrtegeryde ,sstya isnftae bmRresi-.
cator of copper, brass and aluminum and a
tpfuoarrnnmy,e, fdoMramexenidceowwDithheoslaAdrsirnaogrlcloocoIanmsdpuuabsnhtryoiladlwinhMgicihnc,oermoin, 5.A., in which A sarco h as a 34% interest.
(b(()IBGdeaor.vm)eru.n.d.m.a.).e..n....t...G.....u...l..c...h.....M.......i..r..i..n....g....C.....o......,...L.....t..d................... (b) Green Hill Cleveland Miring Co.
(100.0)
(79.7)
nps uar moAc hdesuas acricnseortahoaseflbs.pUoersinptmiortlsoea,ddrilyucScoa1tea_laus_tlem_ns_aio_nan_nndu_m_dm_elC._itm_aa_lnel i_sactdoman.ieAn e_fs_rrau_o_lbms-,
fear?cI`enVsc.Noaarolevm.bei1nin9e7gs0f,orpopemurracPtheeadasbeaodsdMyfoiCudrolaaInlldlCinoCo.-oisaplrsoCupor. (Nevada).
(1(5010..90)) 100 0
XPVKCfPpyi.pemaatntuhfraecetuprlaens tsaisnbtehsetoUs-.Sce. m ent
and
DiIvnisiNono.v. 1971 acquired zinc oxide plants in C olum bus, O. an d H illsboro, 111. of A m erican
(Caada) ..-.-.-..-.-.-..-.-.._..._..j....L..t.d.....(.....P....L....).......
((ioa.o)) FACILITIES 4 PRODUCTS (43.6) Mines ( am e an d L ocation) . . . .
-tAaileisnso,c rieCnacollueds(tseaedteemianilnpteehrsae,bsept tilinacnTatlse,ninnmd. ieanxne)dr.aAlPmuprrecorhipcaeasrne ((cd)S)MMAid(xlMiacnodxDCiecosoaa)lr.rC.o.o.l.lm.o..pI.n.a.nd..yu..sI.t.nr.c.i.ao.l.r.Mp....i(.n.N.e.r..o.Y.,....)....
(34.0) CSiolveeurr; W allace, Ida. 1000 G alena; W allace, Ida.
pLriompeesrttoiense anDdivmisiilolno. f ANleswo MinaclrukdeetdZinmcinCionTg, nG,"oil'dt| iFr-ieei?ldiUs rA? moewri.nceadn CbyorpA. m erican Zinc and
(((ada)))MMMi.nIn.iMensg.TDHtaeodvldeinlnoggpCsmLoe.tnLdt.tCd(oA.(.Eu(Dsntgeralla.l)in.a.d)...)........................ (a) Mission Exploraton Co. (E "
( (48..9))
( 100.0)
TQruoiryu;vTilrcoay ,(MC oornpto. ra'cin
M inera
or
Per
((100..0)) C oSp.Ape.)r (Also C opper, L ead a n d,Zinc); P er
r-.`a"sbre?s1tA-o. >ssb?7ce4esmtcoosemnPtprpoaidnpuyecbtaesncCdamop.,elamssotailnecuopfwiapcnete,urrbeovrf ((ab))((aNd))oUrNthseaeprrtnuanP,eIenMruc.iMn(iPnihngiilnCigpop.Ci(noDerpse).l().D.....e...l...)........................
100 0 ((5320..20))
ME iissesniohno;wSearh; uSaarhiutaa,rAitari,zA. riz.
Sacaton; Casa Grande, Ariz.
-. .
0a1cquiring rCemonasiennint gDe5c1r%ees: tIoncMk ianrtcehre, s1t.967, the
jusuce D epartm ent signed a consent decree
(d)((aPR)eeCrvuoe)rr.ep..oC..r.oa.d.p.o.p.n.a.'.Ma..n.i.dn..eB.r.ar..aN.s..so..Ir.n.P.c.eo..rr.up..,..S.(.M.A..d....)... (d) Conalco Revere Realty Co. (Ohio
( 100.0)
((8303..01))
SSLiaelnvadeXraaBnvedilelZ;r;SinSiclavheur aBreiltla,,AArri'ziz..
lwo hwi)c.h
Prive*
wTshasexated'*re'm-vc.ir*nveveatewd ains
MUd CeaBsriUcghJnUCe1Ud972tLoO( s eSseeettbXteliee-
ra h i ?V-o1r9p6-1 aanndtiRtruevsterSeUiCt oapgpaienrs&t CBor.a. sGs,eInnecr.al
(,b)P(.(d.ad.).r).Ot.Sn..moe..ur.est.hth..eCi.pr.o.n)ir.Pp...e..(.r..Du.....C.e...l.o.)..p....p...e....r...C.....o...r...p.......(....D......e...l...)...... (b)(d) Foments,SA (Peru)............
[/Ail/.s4v1 BI-LT. e.uW6a6c1dehsvatinlFlsvoe;TM;rBkL._;u-eR-caih-ed-ay?-vnn--.isolll.deeN,sCCewoolufono.tuyn, Mdwvloa.nd, C anada (52-3) L rttlea R iver tJo m t V enture; N ew Brunsw ick.
o r 1 coSmemttloemn eonffticperrosvwidiethd etihtha terCGo.enBehraalll stockhXlH6' and forbade Co. from casting
((ba)()(DSdue)nlS)Soo.u.tt.eh..ce.t.ro.n.r.P.C.e.o.r.ru.p...C.(.o.N.p...pY.e..r..).S....a..l..e...s....C.....o...r...p............
( 100.0)
(51.5)
Q uBCioaolnmivaadiaa(C om pania
M inera
Q uiom a
SA)*
( . ) Zinc
S lr .S?ev"er2re.*VITO*nCst?eGaaedtnmeCreaoel.tiwnCgaAssborleTfae'uaitinhreerdir^GtoSeenJieSvre:- (((baa)))WWThyaeotaImunigtneagrnSMatotiinnoeinnCagloaM.n(deTteManlinCll.oi)n.g(.N.C...o.Y...,..L)..t..d........
((111000000..000)) CImoym; eJle; fKfenrosoxnCCouonutnytyTjTeennnn. . ,u
frooamrdaseltbongb_eruesfientdbeaedscjtouhpdepgyemwr etiosnhtG. reensetral-a*Sriedca!do. s,u(h&a()nIIednscaal.ut)d.D.e.d.e.c.i.n.3.f.1i.n..1.a.9.n.8c.1.i.a..l.s..t.a.t.e..m...e.n..t.s..o..f..C..o.....a.nd rnnsnlirfa'tfd(9s5u.b7,-) ANYsoebwuensMgto; aJsre(kfLfeeat;rcsJodenf'AfeCmrosiuoannnttCye.odTuuenQntynu,.eTbeencn, L, tee.)
caicuoneutn'aiistk.l?t-p-c^-r-io-c-m'-ei-ms-pietmtaittooiorrens so"ffaw"vG'e"orerenauebpirlclaealcatuehndiaodnaoR'nepvCrieocre.e'ss, Isu(b"bs)id5Ei-axrcitebluse,dreetxdhcafernpotmStoofutithnhaeenrecnxiatPelnestrtuainteCdmiocpeantpetedsroiCnfoNCrpooo.teraan(tdido).nct,oanasrcoelniwdoattheind rfl' (M d l d CChoiaIlrC^eo'mQpuQaeunbeye^)c&,ECl,maCna;a^Tdgan4vao h ,
tavceSqreuisrteolSq,,," MxujroaIlieoorv5Ra,rde'dvsieotrieolo,nPiatlwGasseCnfoeorr.abhliedolddrenaRnteyb- the((cd'))-IC-n-aa-r-cr-ti-iev-tdee-,-c-ho1-an-tv-shiiden*ege~rqenJduo1i-sta:yi-sgsmne"itef=sitchoaornd-tl.iabilities.
RIlmaIpuea-ntietee; M iddlegrove, IU. M anchester; Lakehurst, N.J.
o f Y a b r i c a r e t e " 5;D? f c ? r dUCer r SeUer
pla*teUdenCearlalelnCdearb*le Cr*TM 'fXoL. l itp su" T hereafter balm ire Of Ire fS ' *24 a ah5 ie-
k*nownmaasx Eiinset ni hloowrmereaMainginengeCraol. ptoardtneevreslhoipp. ffm e and concentrate ore from Palo Verde
Smettars and Rarinerias
pptolousesexdc*h8oa5fn0pgcuear1Ss3hu
safnotr
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in ti,
^oGf reen?etrorea lp^^<oElaj^ib-^^l ebios^ltdodepl rsRs'
aCnodJPSgMeoruadtrh.e,pS1oa9sn8i1tXlCoaocv.aieetenrdtoepbreeedntw-ipeniettonokpCneor.aa'sgtirMoeneisms,seionnt
AEClmoPpaparsielorlo, ,TTexex. .(S(Rmeeflitneer)ry)
w asfeo.rvs eomn ua T t W r 2 u WreC i? -.n lat^ O ffe ;f w ith A Z?L5 CM:) mfoerrtahlse e(xsupblosriadriiaorny foorf ^gZolLd oRn ea HTSiaalvcyoedrmena,, AWriazs.h(.S(mSmeleteltre)r)
term s o f the deer s * c>c*c w as in accordan ce with t w m s ^ t h e 'r t i ^ J 2, accordan ce with the
asetg_sotrneieen,mtCehoneltom.reAianq7ZeutrLiairelMsaicanreewra_a_gol_esr_ko-a-wtc-_-o_nt-_hm-s_-e-_am_r_5riatn_0nm_%cv_eh_n_.itn_Tt_eeh_xre-
ALE eamasadtrHilleol,enTae,xM_._(_oRnetf.i(nSemrye)lter)
CdJlios.m,'ttirhhsw seeedU ddeC ewcctrrirC teh^C eofSW wufisA fL^PS sr5eteA jnjuurddm aki?i;cn nee;.1fa^uplplicJdat6 ^ioU n-_o___f____ t__ h__n_ e_ AVP2eZ%nLmt?touy rheeravbaey asCn'Xoi.enafitoriraplee2xn0po%lodrwaatonirodkni.npogrfoitvnhitederepesrsotfpom-r OGE lmloPvaahesrao,,,iNdToeesb. t.(.S((RSmmeefleitneltere,rryR))efine'ry)