Word: largest
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Dates: during 1920-1929
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Last week Assistant Secretary of War F. Trubee Davison signed contracts with five aviation companies to build 162 U. S. Army airplanes for $5,000,000. When completed as part of the Army's five-year air expansion program, these planes will constitute the largest unit ever added to the U. S. airfleet in peacetime...
More recently (TIME, June 17) contracts have been let to other U. S. corporations-for a 100-million-dollar hydro-electric power plant in the Ukraine (to be the world's largest); for steel mills, coal mines, apartment houses in Moscow, tractor factories at Stalingrad, etc. etc. After 1933, Industrializer Stalin promises, if there is still necessity, to turn to lesser tasks-such as keeping the population supplied with food and clothing...
Fleischmann Co. makes nearly all the compressed yeast sold in the U. S. Its eleven factories have a capacity of some 500.000 lbs. of yeast per day. In 1928, net sales were $64,004,366; net income $19,820,668. Fleischmann Co. is also one of the world's largest vinegar producers. ships in its own tank cars 15,000,000 gals. of vinegar per annum. The company has consistently promoted Baker's Bread v. Home Made Bread; cheerfully notes that in 1919, 60% of U. S. bread was sold by bakers, in 1928 the baker's share had risen...
...Largest U. S. alcohol company is United States Industrial Alcohol Co. But U. S. corporations interested in alcohol include potent E. I. du Pont de Nemours & Co. The du Pont Company owns 50% of Eastern Commercial Alcohol Corp. Last week U. S. Industrial Alcohol Co., expanding, planned to purchase the other 50% of Eastern Commercial Alcohol Corp. The purchase was to be made from National Distillers Products Corp., which also controls Kentucky Alcohol Corp., second largest U. S. alcohol company, and Old Time Molasses Co. It was also expected that these two subsidiaries would be included in the sale...
...feel the urge to merge last week (see p. 52). In New York two large institutions, the Chase National Bank, the National Park Bank, at meetings of their respective boards, agreed to consolidate. Total resources of $1,200,000,000 will make the new company the third largest banking institution in the country, exceeded only by the Guaranty Trust Co., National City Bank. In point of total capital funds, it will be the largest with...