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...receipt by the New York Stock Exchange of an application from the Stutz Motor Car Co. of America to have its 263,000 shares restored to trading on its floor brings vivid memories of the circumstances in 1920 under which Stutz was " stricken from the list" of the Exchange. After a decline in motor shares in February, 1920, Allan A. Ryan cornered the Stutz stock. Its price rose swiftly to 391 on March 31, 1921, when the Exchange authorities, having ascertained the existence of the " corner," suspended dealings in it there. After various conferences between Mr. Ryan and the Exchange...

Author: /time Magazine | Title: Stutz Reappears | 7/9/1923 | See Source »

Steel? Engineers of the General Electric Company are designing the largest alternating current motor for steel mill use ever made in the U. S. A. Erected at the River Rouge plant of the Ford company, it will develop 8,000 horsepower with a speed of 240 revolutions per minute. It will drive a "blooming" mill, where installations are now being made for the manufacture of steel. Ultimately, they say, the plant will manufacture all the steel Ford...

Author: /time Magazine | Title: Business: Mr. Ford | 7/9/1923 | See Source »

...remarkable exhibition of the most recent military planes. Among other exhibits was a bomber equipped with a single engine of 1,000 horsepower, the most powerful airplane engine in the world, which can beat in speed and climb any bomber ever built. On the other end of the motor scale was the " Wren"-a tiny machine flying 50 miles an hour with only 3 horsepower. Thirteen " secret" airplanes were seen by the public for the first time. Experts and the public in general seem convinced that England leads as far as technical development of military aircraft is concerned...

Author: /time Magazine | Title: AERONAUTICS: Britain's Reply | 7/9/1923 | See Source »

...River while testing out a new set of controls on one of their flying boats, the Breezewing. The experimental controls jammed and the boat made a nose dive into the river of 300 feet. Carried under water, the occupants were able to release themselves and were rescued by a motor boat acting as tender. The Breezewing, equipped with a 400 horsepower Liberty and capable of 130 miles per hour, was greatly damaged, but the aviators sustained only minor injuries. The accident was more than compensated for by technical information obtained...

Author: /time Magazine | Title: AERONAUTICS: Dangerous Experiments | 7/2/1923 | See Source »

...return to Myra-Myra was certainly a knockout. "In her cheeks was the claret glow of buoyant youth. Indeed she was throbbing like a motor with the spirit of youth." Just think of it! Throbbing like a motor! What a girl...

Author: /time Magazine | Title: Books: Gloriously Beautiful | 7/2/1923 | See Source »

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