Word: plasticizers
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Testifying against the Wagner Health Bill on the grounds that it might loose a flood of needless Government-given medical care, Dr. Morris Fishbein, editor of the Journal of the American Medical Association, rhetorically demanded: "Shall there be also plastic surgery at public expense for all degrees of lop ears or a saddle nose...
Another communication gadget, announced last week in the U. S.: a recording device which transcribes verbal memoranda, conferences, speeches on lightweight plastic discs resembling cellophane. These records can be folded and mailed in ordinary envelopes; two records lasting ten minutes each will go anywhere in the U. S. for 3?. The transcribing machines are also equipped to reproduce. Makers: General Communication Products of Los Angeles...
Besides having acquired a considerable reputation as a motormaker and collector of antiques, Henry Ford looms very large in the U. S. "chemurgic" movement, which explores and promotes industrial use of agricultural products. Example: use of casein, a compound which occurs in milk, to make plastics and fabrics. Another of Mr. Ford's preoccupations is soybeans, which can be grown cheaply almost anywhere, yield oil for automobile lacquers, meal for plastic parts like horn buttons. Incidentally, soybeans are nutritious and soybean preparations figure prominently in Mr. Ford's present diet...
Major manufacturers of plastic materials -phenol-formaldehyde, Durez, Plaskon, many another-are Bakelite, General Plastics, American Cyanamid Co., Plaskon Co., Celluloid Corp., Du Pont, Eastman Kodak, Monsanto Chemical and Union Carbide and Carbon.* These manufacturers do no molding, sell their plastics to other companies to be shaped. The molders, in turn-excepting those like Westinghouse and General Electric, which use the products in their own business-sell their finished plastic products to the toothbrush, automobile, radio manufacturers...
This week, indicative of the plastic industry's continuing pleasant prospects, Chicago Molded is floating a $500,000 debenture issue, $100,000 of which will be used in bonds or in cash to retire its 7% preferred stock. Purpose of the public offering: to retire all outstanding loans, add a modest $120,000 to working capital and plant improvement...