Word: flowingly
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...Utilities Power & Light's directorate, Mr. Odium crossed the Atlantic to find a buyer. This he did last week. The buyer was the London branch of the international banking house of Lazard Freres, acting for a British group. The benefits of Mr. Odium's Atlas Corp. will flow from its Utilities Power & Light bonds, which jumped about five points last week, the 5% issue rising to 75? on the dollar, the 5½% issue to 78?. When & if the Utilities Power & Light directors vote part of the proceeds of the British sale for bond retirement, Atlas Corp. will...
...front porch of the 200-year-old farmhouse, Secretary Ickes pulled a handle on an electric switch box, announced: "I now start the flow of power into the arteries of this farmstead." Actually he did nothing of the sort because the switch box was only a ceremonial dummy and power was already flowing through Rosedale Farm. Inside the farmhouse were electric clocks, an air-cooling system, a vacuum cleaner with headlights, refrigerator, dishwasher, food-mixer, curling irons. In the farm shop lathes and tools were electrically operated. Wood was cut by an electric saw. In the brooder house chicks were...
...about to take another rise as a result of the payment of the Bonus, the Reserve Board estimating that the total will be about $3,400,000,000 by mid-August. This will be merely a delayed rise, since the real cause of mounting bank reserves is the flow of foreign gold...
With monotonous regularity the Securities & Exchange Commission continues to impress upon news readers the fact that corporation executives make a lot of money. Little has been done to give SEC's flow of fat figures any real business meaning. Most scholarly salary study to date was made by Economist John C. Baker in the Harvard Business Review last winter. Sampling 100 corporations great & small, Economist Baker discovered, among other things, that in 1929 U. S. management salaries averaged 6.6% of earnings, that in the five years through 1932 they averaged 10.8%. Last week, two more salary compilations were published...
Five weeks ago Dr. J. Clay of Amsterdam, who makes it his business to keep track of the invisible flow of cosmic rays through the sky, announced an inexplicable explosion of cosmic rays coming from a certain point in the heavens. Last week at that point in the sky a new star was seen to explode brightly. Hoping that the cosmicray burst and the starlight originated in the same explosion, Astrophysicist Fritz Zwicky of California Institute of Technology last week explained: "We have suspected for some time that cosmic rays travel faster than light and this may prove...