Word: oiling
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Dates: during 1930-1939
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...some years Dr. Irving Langmuir of General Electric Co. has investigated the properties of monomolecular layers- that is, oil films, one molecule thick. He finds that in such layers molecules all stand on end, lined up in the same direction; that layers any number of molecules thick could be built up on a pane of glass by repeatedly dipping it in water covered with a monomolecular film. All this, however, came under the head of "pure-science" research...
...found a way of compressing air more efficiently and cheaply than ever before. In practice, the compression of air generates heat which must be drawn off by water jackets. In the Jones device, there are no water jackets. The heat of the compressed air is removed by circulating oil and returned to the pump where it furnishes accessory driving energy. The same principle, Mr. Jones declared last week, could be used to increase the efficiency of superchargers on airplane engines. He has applied for a patent...
Joan Crawford (Sun. 7:30 p. m. CBS), Jack Benny, Judy Garland, Reginald Gardiner, Ralph Morgan, Mitchell Leisen, Morrie Ryskind contribute their services to the first program of Gulf Oil Corp.'s series of Screen Actors' Guild benefits...
...shrewd old "F. A.," with Cleveland Banker Cyrus Eaton and Oil Tycoon Edgar B. Davis, formed Ohio Goodyear Securities Co., a personal holding company, one of whose assets was a big block of Goodyear Tire & Rubber common. Cyrus Eaton presently took this Goodyear stock and put it in a new corporation known as Goodyear Shares, Inc., in which F. A. had an equity. In 1930, spotting trouble ahead for Goodyear, he swapped this equity for 64,554 shares of U. S. Rubber Co. common. Bulk of this latter stock, which was charged off to him at $18 a share, next...
...Seiberling arranged for Ohio Goodyear to take over the notes, a bookkeeping transaction to which the banks consented because the indenture was rewritten with the U. S. Rubber stock as first collateral. Edgar Davis consented because the banks agreed to lend Ohio Goodyear $500,000 for an oil venture Davis was interested...