Word: oils
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Dates: during 1930-1939
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...nominee for State Senator, he carried Los Angeles County by 400,000 votes while the rest of the Democratic ticket lost the county by 52,000 votes. His favorite charge is that Governor Merriam, last week renominated by Republicans, is tied up with the State's big oil companies. He demands that the State take control of oil lands, especially those lying off shore beneath the sea, which are now being tapped by private interests...
Arts in Democracy. Agreeable as it may be that some 4,000,000 U. S. citizens who seldom saw an oil painting in their lives are now not only seeing plenty but learning such things as the reason paintings crack (more oil in bottom layers of pigment than in top layers), the question remains as to how firmly rooted this program is. One answer to that question is political and obvious. Another answer can be made only when time has had a chance to sap the present enthusiasms of the school children of Salem, Oregon, the Junior League of Sioux...
Last week in Cincinnati a glass-topped metal casket was on view. Flower sprays were banked by the coffin. Nearby was an oil painting of the deceased. In two days 1,000 mourners filed silently past. The deceased: King, a German shepherd, one of the two first guide dogs in the city. Reason for the fuss: King had been poisoned. Such a wave of sympathy followed King's death that Cincinnatians saw hope for a $10,000 farm where guide dogs could be trained (as at The Seeing Eye, Morristown, N. J.) to lead Cincinnati's 550 blind...
About a year ago, Wall Street underwriters foresaw another upturn. Some 135 loans, big & small, had been announced. Suddenly a double disaster occurred. A $44,000,000 issue of new Pure Oil stock attracted so little interest underwriters had to put the bulk of it in cold storage; on $48,000,000 worth of Bethlehem Steel debentures underwriters were estimated to have lost $1,725,000. Other businesses contemplating new stock and bond issues called off their plans...
...which sold at a premium of 1⅞ (formal price was 102). Week's only industrial issue was $10,000,000 in Crucible Steel 3½% debentures. Like the year's two biggest industrial loans (U. S. Steel's $100,000,000 issue in June, Standard Oil's $85,000,000 issues in July), part of Crucible Steel's new money will be spent on plant improvements. All told, the week's Wall Street financing reached $72,762,000, compared to $7,940,685 the week before...