Word: solvent
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...cash and government securities on hand at the end of 1929. It still had $27,000,000 at the end of 1934. It has paid common dividends in every year since 1918 and, though Depression dividends have exceeded earnings by $20,000,000, the company remains eminently solvent. Its low-priced LaFayette, brought out early in 1934, has accounted for about half the 1935 sales, which totaled 26,215 cars for the first nine months. Nash lost $1,625,000 in 1934 but 1935 sales show a 40% improvement and the company may end 1935 in the black...
...bean oil for paints, varnishes and soft soap, soy beans are crushed into flakes, treated with hydrocarbon solvent such as hexane or benzene. The oil and the solvent are filtered off. The solvent is recovered from the oil by distillation; from the mash by steaming under pressure. Last week's jury of scientists looked along this line of operations for vulnerable spots. They found that two 4,000-gal. tanks of hexane had not exploded. Neither had the two 50,000-gal. oil storage tanks, nor the stills, nor the pressure apparatus. The blast, in fact, seemed to have...
...Kuhn, Loeb may pay some of the legal and accounting fees involved in preparing an issue or may have spent months advising the company on a comprehensive financial program of which the bonds are only a part. But in the present money market it is clearly cheaper for super-solvent corporations to use a selling agent on commission...
...receivership for twelve years, owes accumulated interest equal to one-fourth of its assets, which are largely nominal, and is still indebted to the Government for loans from the Wartime Director General of Railroads. In desperation RF Chairman Jesse Jones proposed to partition M. & St. L. among eight more solvent neighbors (TIME, Oct. 29). Last week after a year of dickering, the eight systems petitioned the Interstate Commerce for permission to start carving...
...cost fuel for stationary engines, switching locomotives, tractors, trucks and buses. These two, mixed with oxygen, are cheaper than acetylene as a fuel for welding torches. Since they vaporize easily, they are good refrigerants. Some consumers use the same gallon of propane first as a chemical solvent, next as a refrigerant, finally burn it as a gas fuel...