Word: midlands
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Although Dow Chemical has branches elsewhere, the root of its business is still in Midland, Mich., where in 1890 Founder Herbert Dow, two years out of Case School of Applied Science, first set up shop. There plumbing 1,200 feet to a huge salt pool, he began refining the brine into everything from patented laxatives to synthetic indigo dyes...
...Midland's brine deposits have brought stockholders dividends as regularly as Epsom salt brings relief. Last year (ending May 31, 1938) the company netted $3,895,269, approximate average for 1934-38. Never before in a merger, Dow has a good reason for this one: it wants a West Coast branch,* and Great Western offers that as well as exclusive rights to cheap processes of making chloroform, carbon tetrachloride, hexachloroethane...
...historic Euston Station in London the London Midland and Scottish Railway has been celebrating its 100th anniversary. But the life of the party has not been punctilious Chairman Josiah Charles, Earon Stamp of Shortlands, G.C.B., G.B.E., K.B.E., C.B.E., nor the still-puffing 100-year-old locomotive Lion. It has been a pursy, 63-year-old Welshman, Traveling Ticket Collector Albert Gwilliams...
...than elevation to the peerage, knighthood in the Order of the Garter, and in British circles this week Mr. Neville Chamberlain was slated to receive equal honors at the hands of King George VI. Birmingham University was at once presented last week with a $50.000 scholarship fund, donated by Midland Publisher Sir Charles Hyde "to commemorate the services for peace of the Prime Minister...
...slack seasons for seaside resorts like Brighton, Bournemouth and Ryde; in coal production, down from 20,000,000 tons year ago to 17,000,000 this June. The figures which most jolted British investors were the earning reports of the four chief railway companies-London & North Eastern, London, Midland & Scottish, Great Western, The Southern. Fortnight ago, when all four showed net revenues far below expectations and Great Western passed the first interim dividend since its consolidation, there were editorials in many a paper...