Word: mathieson
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Dates: during 1930-1939
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...Mathieson Alkali announced that its new Lake Charles, La. synthetic salt cake plant would start operations about November 1, thus making the U. S. independent of foreign (especially German) supplies. Chief use of salt cake (sodium sulfate): kraft paper manufacture. >Paperboardcreditors' recoveries on Ivar Kreuger's great debacle...
...anchor in Britain by buying a half interest in a Welsh concern making phenol (pure carbolic acid). In 1929 Monsanto absorbed Rubber Service Laboratories with a plant in Nitro, W. Va. for producing chemicals used in rubber processing. Same year Monsanto acquired the Buffalo, N. Y. plant of Mathieson Alkali Works and Merrimac Chemical Co. at Everett, Mass., oldest and largest New England manufacturer of heavy chemicals for the textile, paper and tanning industries. Monsanto has lost money in only three years since it was founded. The only deficit since 1904 was in the post-War depression. In 1929 earnings...
...change compared to the wage scales of a film company like Loews' were the other salaries listed by the SEC. Republic Steel upped President Tom M. Girdler from $117,420 to $129,372 per year, two vice presidents from $58,700 to $64,600. President Edwin Madison Allen of Mathieson Alkali worked for $86,700 in both 1933 and 1934. Donald L. Brown of reorganized United Aircraft will be paid $45,000. Salaries substantially the same in both years included President Walter Cabot Baylies of Boston's Edison Electric Illuminating: $32,000; Vice President Theodore D. Crocker of Northern States...
...shoe string promotions which never got beyond the Commission files, some were privately sold, some will take years to peddle. The rest gathers dust in corporation vaults. The three most notable cases of new industrial financing under the Securities Act were: American Water Works & Electric for $15,000,000; Mathieson Alkali for $6,232,000; Glenn L. Martin Co. for $3,250,000. Investment trust stock accounts for more than half the registrations to date. The liquor industry is in second place, with mining third. The Commission has held up 43 issues offered for registration, due to their promoters...
Spring Station is perhaps the strangest of stockholders' stamping grounds but some other corporations also select out-of-the-way places for their annual meetings. Mathieson Alkali meets at Saltville. Va. (pop.: 2,964), F. W. Woolworth Co. at Watertown, N. Y., near Utica where it was founded, Anaconda Copper at Anaconda, Mont. U. S. Steel meets at Hoboken, N. J., where it serves a light lunch. Not all big U. S. corporations seek inaccessible spots. Of the 29 with the largest number of U. S. stockholders, eight meet in New York, five in Wilmington, two each in Baltimore...