Word: liquidizer
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Atlas Corp. is the biggest U. S. trust ($103,929,000) and the most successful (asset value of its common stock has tripled since 1929). President Floyd Bostwick Odium entered Depression loaded with cash, kept liquid until bargains were plentiful, then bought other trusts by the dozen at heavy discounts from their asset value. Thus, in effect, he bought securities not at Depression lows but far below. Last year he cashed in on his paper profits to the extent of $11,000,000. Common stock dividends were initiated last September with a 30? payment, boosted fortnight...
...trial for larceny in Cleveland last week was Clayton Clawson, holdup man famed as "the toughest prisoner ever to be held in Cuyahoga County Jail." Tough Clayton Clawson was conducting his own defense before Judge Samuel Silbert. Suddenly Clayton Clawson whipped out a small bottle of colorless liquid, shouted: "I'm gonna blow everybody to kingdom come...
...made so far has been in the matter of fuel. Since a rocket is like an upward moving gun firing continuously at the ground, it was natural for the first experimenters to use gunpowder. But powder burned unevenly and it was extremely dangerous. The new technique is to use liquid oxygen and a liquid fuel such as gasoline or alcohol, which do not mix until the rocket is ready to go off. Such a mixture develops energies ten times greater than...
Developer of liquid fuel is Robert Hutchings Goddard, rangy, bald, 53, foremost U. S. rocketeer. Born in Worcester, Mass., where he became professor of physics at Clark University, Goddard started puttering with rockets in 1907. The Smithsonian Institution gave him $12,000 over a period of twelve years. When one of his contraptions blew up over Worcester, the terrified townsfolk forced him to desist. He moved to Camp Devens, later to the desert near Roswell, N. Mex. Since 1930 his expenses have been paid by the Guggenheims...
Viscosity tests are made by measuring the speed of fall of the liquid in a fine glass capillary tube. In earlier tests, observation of the speed of fall was made by the human eye and the time was recorded on a hand operated stop watch. The new method makes use of an automatic timing device which replaces the human eye with a photoelectric cell...