Word: steeling
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Announcement made last week by E. I. du Pont de Nemours & Co. that it had invested $14,000,000 of its $21,436,642 surplus profits in 114,000 shares of U. S. Steel common stock at an average of $122.80 per share, caused a stir in Wall Street. Current reports that Pierre Samuel du Pont, head of the concern and chairman of the board of directors of General Motors Corp., and his associates had bought many shares of U. S. Steel with private resources stirred mild rumors to the effect that Mr. du Pont was seeking Judge Elbert...
From Dusseldorf, Germany, last week came despatches that the Vereinigte Stahlwerke (United Steel Works), second in size only to the United States Steel Corp., had signed contracts for a $34,000,000 loan-$30,000,000 to be sold in the U. S. through Dillon, Read & Co., and $4,000,000 in England, Switzerland, Holland, Sweden. An unusual feature of the proposed bonds is that they will draw interest and in addition will get 6½% more for every 1% increase in Vereinigte Stahlwerke's common stock dividend rate. The common rate is now 6%. If it becomes...
...pallid missionary, a virgin before the Lord, called Naomi. In an Africa which Mr. Bromfield must have studied up on lurid picture postcards, Philip Downes revolts against his calling and celibacy. Attacked by bloodthirsty blackamoors, he narrowly escapes with life and wife back to Ohio, where he enters a steel mill and espouses his fellow-workers' cause. Just before they go on a losing strike, he slips off unexpectedly into a career of painting...
...Higgins. At one time the new Free State had to employ an army of 40,000 men to put down that violence which had become second nature to Irishmen. Firmness was needed and Mr. O'Higgins proved himself capable of making bold, salutary decisions with the quickness of a steel trap. His enemies became innumerable. His success in quieting Ireland and restoring the police power earned him a title: "Ireland's Strongest...
...determine what the world is made of and how it may be put together in better combinations of the ingredients. In Industry. The importance of chemistry in industry is now too obvious to need emphasis, but the delegates took special satisfaction in knowing that the huge U. S. Steel Corp. has lately organized a pure research department "of proper magnitude," with Professor John Johnston (from Yale) as active head and Director Robert Andrews Millikan of California Institute of Technology as chief adviser, to study alloys. Game. Dr. Charles Holmes Herty of Manhattan proposed a game for undergraduate chemists-let them...