Word: commonnesses
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
Still hopeful, the engineers proceeded to the main experiment: a signal sent by remote control from a 100,000-watt transmitter 10 miles away at Hicksville, L. I., the antenna of which pointed toward Mars at an angle of 30°. By common consent, the "message" was a meaningless succession of dots and dashes. Astronomer Fisher and associates figured that if the signal traveled 36,030,000 miles and back at 186,000 mi. a second, the round trip would take 6 min. 28 sec. The key was tapped. For 6 min. 28 sec. everyone waited. Nothing happened. After...
Lest this cut throat competition spill too much of aviation's lifeblood, United's President William Allan Patterson approached T.W.A., American, Pan American and Eastern with a bold proposition: let them finance a common plane that would standardize equipment. Such a plane he foresaw as the DC-4. It would carry 42 passengers, four engines, travel at 240 m.p.h. Six months later the Big Five contracted not to invest in any transport heavier than 43,500 lbs. other than the DC-4. Each company could then be dealt one apiece for as many rounds as they mutually agreed...
...declared for the benefit of his stockholders their first dividend (50? a share, $1,591,992) since Christmas 1937. This good news was considerably bolstered by his announcement that second-quarter earnings ($3,822,927) were up a whopping 2.443% from the second quarter of 1938. Bethlehem's common stock greeted this by dropping half a point and the stock market as a whole by backing away from the peak it stopped at two weeks ago (144.71 on the Dow Jones average of 30 industrials...
...Steel. Big Steel's stockholders heard from Chairman Edward Stettinius much the same story, minus the sugar-coating common dividend. White-haired, springy, no geranium in the profane steel business, young (aged 38) Ed Stettinius is the kind of man who looks his Corporation's troubles in the eye. He announced: 1) that Big Steel would pay its regular quarterly preferred dividend (again better than 75% unearned); 2) that second-quarter earnings ($1,309,761) were about $650,000 more than the first quarter's-but only because the Corporation decided to cut depreciation charges...
...more than 23,000 employes, the Louisville & Nashville Railroad is "Old Reliable." Conservatively operated, and not overloaded with the fixed charges that have broken the backs of many Class I roads,* efficient "Old Reliable" has never been in receivership, has passed only one dividend on its common stock (1933) in the past 40 years. "Old Reliable's" president is peak-nosed, Cumberland Mountain-born James Brents Hill. Like his predecessors, he likes to keep his employes on the job in L. & N.'s constant drive for courteous, economical operation, sends out frequent "President's messages" to every...