Word: alkali
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...string promotions which never got beyond the Commission files, some were privately sold, some will take years to peddle. The rest gathers dust in corporation vaults. The three most notable cases of new industrial financing under the Securities Act were: American Water Works & Electric for $15,000,000; Mathieson Alkali for $6,232,000; Glenn L. Martin Co. for $3,250,000. Investment trust stock accounts for more than half the registrations to date. The liquor industry is in second place, with mining third. The Commission has held up 43 issues offered for registration, due to their promoters' failure...
Spring Station is perhaps the strangest of stockholders' stamping grounds but some other corporations also select out-of-the-way places for their annual meetings. Mathieson Alkali meets at Saltville. Va. (pop.: 2,964), F. W. Woolworth Co. at Watertown, N. Y., near Utica where it was founded, Anaconda Copper at Anaconda, Mont. U. S. Steel meets at Hoboken, N. J., where it serves a light lunch. Not all big U. S. corporations seek inaccessible spots. Of the 29 with the largest number of U. S. stockholders, eight meet in New York, five in Wilmington, two each in Baltimore...
...Though some $300,000,000 of new brewing, distilling, investment trust, mining and a few industrial issues have been registered with the Federal Trade Commission, no old-line company, up to last fortnight, had stepped into the stagnant market for long-term capital. First to do so was Mathieson Alkali Works (industrial chemicals and the world's largest maker of chlorine), which quietly filed a registration statement in Washington for $7,000,000 of new common stock to finance a new plant in Louisiana. Said the New York Evening Post last week: "If one large and reputable corporation takes...
...many months the Department has been trying to find out why, in a few arid regions of the Southwest, wheat, corn and alfalfa are sickly, and why cattle fed solely on this sickly fodder are puny and short-lived. The Department did not like to hear ranchmen blame "alkali disease," because during the last century alkali disease afflicted the Indians inhabiting the same areas. Last week, when it could also report progress on a cure, the Department explained what was ailing the cattle. It was not alkali disease, said the Department, but selenium poisoning. Selenium is the light-sensitive substance...
...will be in charge of D. S. Byers '25. It will excavate the ruins in a great cave on the Chinle valley near the Utah-Arizona line, formerly called Waterfall Ruin. The cave is thought to contain rubbish and ruins of cultures paralleling those that are represented by the Alkali Ridge sites. It is hoped that the results of the work will clarify the problem presented by the Ridge, and throw further light on some of the earlier cultures of the region, since the dry rubbish is known to contain perishable material not preserved in open sites...