Word: nets
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Dates: during 1930-1939
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Japan's plan to capture Hankow, China's acting capital, is first to cut all the city's communications, then gradually encircle it. Last week, a Japanese column tightened the net around the capital by capturing strategic Hwangchwan, north of the Yangtze. Another column captured one of a series of river booms at Wusueh, 100 miles down the river from Hankow. Meanwhile, Japanese aviators bombed away at their main objective, the Canton-Hankow Railway...
...still running, albeit irregularly. Most remarkable testimony to Chinese ingenuity was that the 680-mile run from Canton to Hankow has been shortened to 36 hours instead of the old 45-hour schedule. Moreover, in spite of war, and because of heavy war supply shipment, the line made money; net profit last fiscal year...
With total assets of but $2,563,208 and a net for the past fiscal year of only $100,427, K. P. L. & G. is still a puny bubble in the ballooning natural gas business. But it asks FPC for permission to construct a $21,470,000 line (financed by a $20,000,000 RFC loan) from the Hugoton fields in southwestern Kansas through unexploited territory across Nebraska and the Dakotas into northwestern Minnesota. If permission is granted,* the company expects to sell 13,623,080,000 cu. ft. for $3,024,447 in the first year of operation...
...bill. This will be followed by legislation, now being carefully thought out, to put an end to the disfranchisement of the Negroes in the South. . . . That is the dream. . . . If they win, they are going after those five million voting fish in that untouched Southern reservoir with a legislative net guaranteed to catch them...
...engineers named Bill Lane and Walt Wells, down to their last $500, perfected a gun with which they could shoot through the steel-&-cement well-casing of dry or abandoned oil wells at levels thought to be oil-bearing. Since then they have turned a pretty penny ($590,814 net in 1937, $310,458 to June 1938). Of last week's issue, floated to pay off loans and finance expansion, 58,006 shares were new securities, 150,000 were already outstanding in the hands of Lane, Wells, their wives. A syndicate headed by Blyth & Co. had no trouble selling...