Word: lateral
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Dates: during 1920-1929
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Already the doubtful nature of this hoarded asset has caused a decline in the Brazilian currency-the milreis. Sooner or later the Government must unload. Recent crops have been bumper. Most observers believe that the Government cannot hold out, faces an eventual catastrophic coffee crash. Shrewdest coffeemen do not know when the crash will come, but last week's howling and hopping seemed of ominous significance...
...Roald Amundsen did. Sir Douglas does not intend to visit Commander Byrd. His aim is to explore the Antarctic coast south of Australia and prepossess it for his dominion. Formal and hurried pre occupation is important, for it would vest in Australia rights to fisheries and miner als which later may be found...
Last week in Manhattan's Hotel Plaza died Charles Boldt, chairman of the executive committee of the Owens-Illinois Glass Co. Several hours later was announced the formation of Continental Containers, Inc., a holding company to acquire the stock of Continental Can and Owens-Illinois Glass. Long and arduously Mr. Boldt had worked to bring this merger to pass...
Exposition visitors who chanced to be in Oklahoma City later in the week watched two figures, protected by metal shields and a heavy barrage of water, start to work their way toward the centre of an oil fire. They were Mack and Fred Kinley, famed for their fire-fighting technique. After two days of slow progress, the Kinleys succeeded in removing the twisted debris of the derrick and in placing a gelatin bomb near the well's flame-spouting mouth. The same moment that an electric contact ignited the bomb a special battery of boilers threw live steam...
...Later in the week stockholders of Boston Edison sourly wished their company had never decided to split up its stock. The Massachusetts Department of Public Utilities unexpectedly refused to grant the reduction in par value, publicly scolded the company for its rate charges, its dividend prices, and, most important to stockholders, for the price of its stock. While the Department was meeting the stock had tumbled from 375 to 360, then after the decision became known went to a low of 299, later rallied...