Word: liquidation
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Dates: during 1920-1929
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...company's troubles are supposed to have arisen from heavy expenditures in distillation experiments and poor management. According to rumor several oil and utility companies, recognizing Combustion's strategic position, considered merging with it, then withdrew after viewing the involved finances and small amount of actually liquid assets. Significant to Wall Street was the fact that President George Edward Learnard, onetime Boston bookkeeper resigned Dec. 6, four days before the preferred dividend was passed...
Pinoleum Million. So long ago that the trade name has become a common proprietary, a Dr. Bryan D. Sheedy, nose & throat man, mixed menthol, camphor, oil of eucalyptus, oil of Ceylon cinnamon and pine-needle oil in liquid petroleum and called his preparation pinoleum. He formed a corporation, the Pinoleum Co., which in recent years despite sharp competition by Standard Oil and others, has averaged $60,902 annual profits. Dr. Sheedy died three years ago. Last week his estate appraised...
...complete surrender to what could properly be called a Values Panic, but there was nothing intangible about the factors which had worked for the change. Behind the group of bankers who met day after day at No. 23 Wall Street there glittered the world's greatest single pool of liquid wealth. How wide, how deep it might be, none but they could tell, for no man outside the doors of No. 23 Wall Street knows the resources of the House of Morgan. Loosely, journalists spoke of a grand total of $10,000,000,000* Over such a mighty sea raged...
...Chicago, delegates to the annual meeting of the Institute of American Meat Packers displayed bottles of liquid cosmetics. Purpose: to dye the skins of frankfurters in seven shades (blonde to brunette) with any color combinations...
Para-Hydrogen. Dr. K. F. Bonhoeffer, 30, timid, blond lecturer in chemistry at the Friedrich-Wilhelms University, Berlin,† demonstrated that there are two kinds of hydrogen molecules. Around a glass tube filled with charcoal he poured liquid hydrogen which cooled the charcoal to almost absolute zero. Then through the frozen charcoal he pumped ordinary hydrogen which, as it poured out of the tube, passed over a wire heated to incandescence. A small mirror reflected a beam of light on a screen. As the treated hydrogen struck the glowing wire it interfered with the light and caused the mirror beam...