Word: liquidly
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...history, of the confidential balance sheet of another nation's finances. Points: 1) all British assets quickly convertible into dollars had been spent or obligated before Jan. 1, 1941; 2) "slow assets," not quickly convertible, had a nominal value of ?3,868,000,000, could not be liquidated in time to obviate the need for U. S. aid; 3) the British hold practically no gold (only $205,000,000 in or en route to the U. S., and $33,000,000 in the more distant dominions); 4) cost of war to Britain: $50,000,000 a day-40% paid...
...very bottom of the barrel lies their least liquid sediment: some $850,000,000 (book value) of "investments in controlled enterprises," the unlisted securities of privately owned corporations. Such companies include giants like rayon-making American Viscose, British-American Tobacco's Brown & Williamson Tobacco Corp. (Kool, Raleigh). They also include many smaller fry: British Ropes, Ltd., J. & J. Cash, Inc. (woven names), Crosse & Blackwell (jam, etc.), Jaeger Co. (knit goods), Oxford University Press, Yardley & Co. (cosmetics), many another. Not listed on U. S. exchanges, stock in such companies is "unseasoned," would probably find an uncertain market...
Germany has sent $300,000 of U. S. currency (probably seized in invaded countries) to New York banks in the last two months-its first sizable shipments in years. Hard to trace, currency is about the only liquid asset of invaded nations which could be shipped to the U. S. without risk of being frozen under Treasury regulations...
...pneumonia was discovered 15 years ago, doctors believed it was a children's disease. But, said Dr. Cannon last fortnight, "accumulated evidence has proved . . . that it affects all ages. . . . It is now certain that healthy persons may develop severe types of lipid pneumonia, especially if they use medicated liquid petrolatum intranasally in large quantities over long periods of time. . . . Abandonment of this type of medication will be slow because of the fact that so many persons have used oily nose drops with no apparent ill effects...
...diet-sprouted grain mixed with worms and worm-egg capsules. Fed on this at a cost of one-tenth of a cent a day, pullets start laying Grade A hen's eggs before they are five months old. Wizard Oliver also sells worm casts for fertilizer, and a liquid nutrient (for flower growers) which is made by letting water drip through worm casts in boxes...