Word: floated
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Dates: during 1930-1939
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...past nine years he has been Vice President in charge of Finance and Corporate Relations. Today, white-haired Albert County, 67, may well hold more directorships (121) than any other U. S. businessman, is famed for his judgment of the capital market-he invariably picks the right moment to float bond issues. Last week, after 48 years with the Pennsylvania, he gave up railroading, planned henceforth to chop trees and roam the woods near his Christmas Cove, Me. home...
Trumpets tore the night air. Into New Orleans' City Park Stadium, where 65,000 Roman Catholics knelt, moved a ''Eucharistic chariot"-a large float, draped in burgundy and gold fabrics, bearing the kneeling figure of George William Cardinal Mundelein, Archbishop of Chicago, and for this occasion a papal legate in a gold mitre and cloth of gold cope. Be fore him stood a tall ostensorium worth $35,000, an altar vessel made of gold objects, diamonds and other jewels donated last winter by thousands of Louisiana Catholics...
Sandwiched between the Chesapeake & Ohio railroad properties and Alleghany Corp., which normally controls them, is a useless intermediary holding company, Chesapeake Corp. (originally the top holding company until the Van Sweringens added Alleghany in order to float more securities). Last week, at last, came the first move to take the cheese out of this stale Van Sweringen sandwich. Chesapeake Corp.'s directors authorized using $2,000,000 of its $7,349,134 earned surplus to cover such claims or liabilities as may arise when the company is dissolved. Concurrently they declared what may be the last regular Chesapeake Corp...
...industry has spent some $600,000,000. Critics say potential needs totaled $3,000,000,000. The utilities' argument is that the New Deal's TVA, its Public Utility Holding Company Act, its generally belligerent attitude, have made it next to impossible for utilities to float new security issues. Last week there was evidence to the contrary: investors snapped up $53,000,000 worth of utility bonds, making the month's total more than $160,000,000. But since most of these were refunding operations, the public's attitude on new capital investments was largely untested...
...water supply, concentrated rations, a can opener. To inflate the rafts there were cylinders of carbon dioxide covered with woolen jackets, and a supply of canvas gloves with which to handle them, since compressed carbon dioxide freezes its container when expanding. Linked with a long towline, the rafts would float together until help could come. To call for help there was a waterproof, 10-inch square, 15-watt radio transmitter run by dry cells. If these gave out, a waterproof hand generator could be used. The antenna would go aloft tied to a hydrogen-inflated balloon. For the guidance...