Word: excessive
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Dates: during 1930-1939
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Motor Products Corp. was founded in 1916 during Wall Street's first big boom in motor shares-a merger of five small accessory companies. After profits in excess of $2,000,000 in 1928 and 1929, Motor Products' income dropped rapidly to a $518,000 deficit in 1932. By 1934 the company was back in the black and last year's profits were $1,079,000. President of Motor Products since 1935 has been Antone Lyman Lott, 50, whose service with the company dates to its founding. A graduate of the University of Nebraska (Class...
...second successive year the H.A.A. books show a surplus, with an excess of income over expense of $4,746,59, as compared with a surplus of but $2,300 last year according to figures incorporated in the annual report of Henry L. Shattuck '01, teasurer of the College, released yesterday...
...worth of credit. U. S. gold stocks are already at the incredible figure of $11,100,000,000, over one-half the world's monetary supply. To sterilize some of this potential credit the Federal Reserve Board upped bank reserve requirements last August, a move which reduced excess bank reserves from about $3,000,000,000 to $1,800,000,000. Since that date, however, nearly $450,000,000 worth of gold has been landed in the U. S., and excess reserves have mounted approximately the same amount. A continuation of gold imports at that rate for any length...
...United States, it has been necessary for the observers to invent extremely rugged and specially adapted instruments for their work. Among the most famous of these is a heated anemometer, designed particularly for this station, which once registered a wind velocity of 231 miles per hour, far in excess of any previous measurements...
Another performance which fascinated the convention was Dr. Otto Barkan's operation for chronic glaucoma. In this disease the tiny drain called "canal of Schlemm" becomes clogged. It cannot carry away excess fluid which accumulates within the ball of the eye. Internal pressure eventually atrophies the optic nerve, causes blindness. The usual operation for glaucoma punctures the eyeball daintily, lets accumulated fluid escape. However, in many cases the hole soon seals itself, necessitating further operation. Dr. Barkan found that blockade of the canal of Schlemm is often due to grains of pigment which slip in from the iris...