Word: liquidates
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Dates: during 1950-1959
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...stored for packing in a long brick building. The innocent-looking bottles stand on racks behind a high, thick barrier. Watching their work in mirrors, the shipping clerks select a bottle. With remote-control devices that unscrew the bottle's cap, they take out a measured amount of liquid, put it into another bottle and seal it in the proper container, which may contain several hundred pounds of lead...
Odium's big deal put Atlas Corp.'s assets at 75% cash-the first time the company has been that liquid since September 1929, when Odium foresaw the crash and got out of the stock market. Last week, Odium wasn't worrying about another crash. He was relaxing in his heated swimming pool in Indio, Calif., treading water several times a day to help his rheumatoid arthritis and biding his time for another "special situation...
Disaster. For a while his luck held. He bought up a lease with only eleven days to run, gambled on drilling before its expiration date. It rained night & day for the whole eleven days. McCarthy toiled in knee-deep, liquid mud for days at a stretch, drove his men to exhaustion. But his derrick was up and rigged and his rotary turning in 10½ days. He brought in a big gas producer...