Word: geologist
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Dates: during 1940-1949
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Died. Dr. Alfred Church Lane, 85, bearded onetime Tufts College geologist (1909-36), who in 1932 announced his results in measuring the age of the earth by the decomposition of uranium minerals, thus helped establish its now accepted age of two billion years; in Manhattan...
...engineer who had reduced the flutter of airplane surfaces found a way to do the same for plow blades. A geologist worked out a method of handling ammonium nitrate crystals which helped the Spencer Chemical Co. of Pittsburg, Kans. switch from wartime explosives to peacetime fertilizers. Midwest developed a bacteriological germicide, a new kind of steak sauce, a mud hardener for barnyards, and a revolutionary way to mill wheat by exploding grains with compressed...
Gleam. Texas Eastern had begun as a gleam in the eyes of E. Holley Poe, an Oklahoma-born gas consultant; Everette Lee De Golyer, Texas' famed oil geologist ; Charles I. Francis, a Houston lawyer, and Houston's shipyard-building brothers, George and Herman Brown (TIME, Feb. 24). They advanced some $250,000 (later repaid by the company) in the early stages of engineering, planning and bidding. When down payments totaling $5,100,000 had to be made to the War Assets Administration, Dillon, Read's help was sought. Dillon, Read & Co., with the Browns, et al, lent...
...their $150,000 investment in Texas Eastern stock. The Brown brothers had made $2,800,000 in paper profits on their initial investment for stock of $42,750. They would net another $500,000 or so in profits, at cost plus, in constructing 21 compressor stations along the Inches. Geologist De Golyer's paper net was $1,000,000 on a $15,000 investment, Holley Poe's was $712,000 on $10,000. As for the eleven partners of Dillon, Read & Co., their $18,750 investment had grown into $1.2 paper millions. They would also net about...
Former chief geologist of the European division of the New Jersey Standard Oil Company, Winthrop P. Haynes '10 has been appointed visiting lecturer in Geology for the next academic year, it was announced yesterday...