Word: edisonizing
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...Chicago Airport, at the start of one evening's rush hour, suddenly went black. A main supply cable of the Commonwealth Edison Company had failed. Due between seven and nine were a dozen planes, 100 passengers. Unable to warn them because the airport's 14 radio transmitters were dead, quick-thinking operations men dashed to ships still on the ground, flashed the word aloft over battery-run airliner radios...
...year this kind of quiet dickering achieved a record volume of $500,000,000. This year, private sales have already reached $300,000,000. Fortnight ago, Celanese Corp. floated $10,000,000 in debentures privately. Other examples: U. S. Rubber, $45,000,000; Consolidated Oil $25,000,000; Detroit Edison...
Campaigning for Congress as a New Jersey Republican, Madeleine Edison Sloane, daughter of Thomas A. Edison, explained her candid candidacy: "If I had the taxes that go for this relief I could give a lot of people jobs. . . . I've never had any political life, so I don't have to worry about political suicide if I speak my mind...
...Llewellyn Park. N. J.. Mrs. John Eyre Sloane, daughter (Madeleine) of the late great Thomas Alva Edison, sister of Assistant Secretary of the Navy Charles Edison, announced herself a Republican candidate for nomination to a seat in Congress...
...this auspicious beginning last week were added three more favorable items. Marketed through a Halsey, Stuart syndicate were $33,000,000 of Commonwealth Edison Co. 30-year, 3½% bonds, which went at a premium of 1¼ (offering price: 103½). Equally successful was a $20,000,000 issue of Lone Star Gas Corp. 15-year, 3½% debentures, which sold at a premium of 1⅞ (formal price was 102). Week's only industrial issue was $10,000,000 in Crucible Steel 3½% debentures. Like the year's two biggest industrial loans (U. S. Steel...