Word: crude
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Dates: during 1930-1939
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Since February quotations on crude rubber have been sinking regularly to the worst levels in history. Last week the downward movement gathered momentum, sent the price crashing to a low of 8¢ per pound. Reason: The Dutch East Indies refused to impose restrictions on output, bringing an end to the latest of many attempts to curb production. Disheartened, producers compared the present low to the 14.2¢ which was the bottom in the depression of 1922, and the 17.85¢ low six years later when the Stevenson Act was removed. And longingly was 1910's fabulous high...
Citizens of Wisconsin first became known as Badgers when the lead mining operations were instituted in the Minreal Point vicinity at the close of the Winnebago War, 1827. Conditions of living were crude. Illinois mining teams flitted with the seasons and were called "Suckers", colloquial name for the small migratory fish of the streams. Swiss and Cornish immigrant miners, too busy to build houses, moved into abandoned shafts on the hillsides and thus were known as Badgers. Hence Wisconsin attained the name of Badger State...
...medical profession is concerned, that shrewd controversy raised by Howard W. Ambruster, Manhattan importer of crude ergot, and Dr. Henry Hurd Rusby, Columbia University pharmacologist, as to the purity of ergot used obstetrically in the U. S., is ended. The American Medical Association last week published a 10,000-word review of the entire dispute from its beginning in 1927 (when Mr. Ambruster secured a "corner" on Spanish ergot) through the Senate investigation of the Food, Drug & Insecticide Administration last summer (TIME, July 14 et ante).* In passing the report revived its old comment on Dr. Rusby: "His experience...
...have been running at 8%, will slow down to 5%, and the Hobbs Pool, New Mexico, running 32,000 bbl. per day instead of a potential 287,000. In Pennsylvania last week curtailment was decided upon by many large independents. Their immediate reward was a 25-35 ? rise in crude prices. The Oklahoma City field remains the chief problem, however, and only if curtailment is maintained will gasoline prices be held at present levels. On one day last week eight oil and gas wells with initial production of 80,000 bbl. were opened in this prodigious field...
...Jersey. For ten years a W & K Oil Co., whose backers have never been disclosed, has been drilling for oil in New Jersey. Last week, after having spent $3,000,000 in this wild crude chase, W & K crated its equipment, shipped it to the richer fields of Texas...