Word: quarters
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Dates: during 1930-1939
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...wonder Reader Logan was confused; so was TIME, which herewith apologizes to the Chrysler Corp. for inadvertently rouging its already healthy complexion. The declared dividend of $4 reported by TIME covered a nine-month, not a semiannual, period. If Chrysler's fourth quarter dividend is the same as its last two quarterly declarations, its stock (at current levels) will have yielded about 1% for the year...
...Kennedy's report said: "No witness heard a shell in the air; no witness heard a shell strike the ship ... no splash of the projectile was seen." But (according to one quartermaster): "The submarine conning tower [unmarked] broke surface about 800 yards on the port quarter. ... A gun or explosive signal was fired. . . . The smoke from this discharge blew down over the Athenia and a distinct smell of cordite was recognized...
...warn their readers against claims made by both sides in the war. But they could not resist the chance to take a sideswipe at radio. Wrote the Chicago Tribune: "Radio permits direct connection with virtually every European nation. The official liars will be as busy as they were a quarter of a century ago . . . but this time we will be able to listen to both liars and compare their claims...
...resource-poor nations like Germany and Italy, a large part of war science is concerned with the invention and manufacture of Ersatz or substitute foods and synthetic materials. Germany's brilliant chemist, Friedrich Bergius, 54, who a quarter-century ago conceived the hydrogenation process for making gasoline from coal, is likely to be one of the most useful men in warring Germany, and one of the most hated by those who have to eat his Ersatz foods. From sawdust Bergius has extracted a digestible sugar, equal in food value to barley. Of the sawdust 60% to 65% becomes sugar...
...Between 1870 and 1930, efficiency (volume of goods per worker) in production trebled but efficiency in distribution sat still, and a quarter of the country's workers were shifted from production to distribution. While U. S. businessmen goggled at the cost-saving possibilities of automatic machinery and scientific mass production, they let distribution grow into a vast, unscientific mushroom. Pennies snipped from production cost climbed back onto the cost of getting goods to the consumer...