Word: carborundum
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...director of Union Trust Co., which far outshines the family bank in national prestige. He also is president of Mellbank Corp., which controls a group of some 20 smaller Pennsylvania banks. In the industrial wing he is a director of Aluminum Co., Gulf Oil, Koppers Co. and Carborundum Co. He has a director's vote in such minority Mellon interests as Pullman, Pittsburgh Plate Glass, Westinghouse Air Brake, Harbison-Walker Refractories, Norfolk & Western. Last week he was seeking I. C. C. approval (which will probably be denied) of his recent election to the board of Pennsylvania Railroad. Only notable...
...paint," said the General. "If you see a box car going along with a bright new red coat of paint on it you will know that the railroad that owns it is doing a profitable business again. . . . Everybody stops painting when profits stop. . . . Watch emery wheels. Watch the carborundum business. When industry begins to use its tools, it needs emery wheels to keep them in shape, and a lot of them." Asked how the emery wheel business was now, the General admitted: "Not so good...
...currently, an aristocrat with indecision. Nonetheless, in parts which have had none of the richness of his stage roles, he has given three performances each of which possessed a shade more than the mechanical competence which Hollywood demands of subsidiary performers. Son of Frank Jerome Tone, president of Carborundum Co., Franchot Tone went to Hill School and Cornell, where he got a Phi Beta Kappa key and ran the Dramatic Club. He played in stock for a year before Guthrie McClintic put him in the Age of Innocence, with Katharine Cornell. Last winter, Hollywood gossipmongers observed him escorting Joan Crawford...
High point of the convention was when President Moses Gomberg of the Society gave Professor Linus Carl Pauling of California Institute of Technology a certificate and $ 1,000 for being the most promising young chemist in the country and President Frank Jerome Tone of Carborundum Co. a gold medal for being a fine type of manufacturer (TIME, Aug. 31). President Tone had only to say "Thank you." but Professor Pauling was obliged to deliver a long and learned exposition on ''The Structure of Crystals and the Nature of the Chemical Bond." President Gomberg listened raptly. For young Professor Pauling...
This year Jacob Fred Schoellkopf, Buffalo power and dye tycoon, contributed a gold medal, named for his late father, to honor important industrial research. First Schoellkopf medalist, named last week, is President Frank Jerome Tone, 63, of Carborundum Co., who helped develop that and other synthetic abrasives, who originated the first commercial process for producing silicon metal (used in electrical transformers, alloys, hydrogen manufacture), who possesses "to an unusual degree the rare combination of the qualities of the pure scientist, the plant engineer, and the successful business administrator." Graduates of Hill School and Cornell of six or seven years...