Word: pipeful
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Dates: during 1930-1939
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Newest method of distributing gasoline-and great current boon to the steel industry-is cross-country piping.* Last week a new Great Lakes Pipe Line Co. (jointly formed by Barnsdall Corp. and Continental Oil Co.) announced it would build a 1,400-mi. line with capacity of 30,000 bbl. daily to connect Barnsdall and Continental refineries in Oklahoma with Des Moines. From Des Moines a four-inch pipe will run through Iowa and Nebraska to Minneapolis and St. Paul. A six-inch line will join Des Moines and Chicago. Another four-inch line will run from Chicago to Milwaukee...
President of Great Lakes Pipe Line Co. is Daniel James Moran, president of Continental Oil Co. which is J. P. Morgan- dominated. Great Lakes Pipe Line chairman is Edwin B. Reeser, conservative but optimistic president of Barnsdall Corp., stout defender of the five-day week...
...used by Mrs. O'Grady, the keeper of a petshop, who was really a man and the leader of a band of thieves. Her grandson, whom customers observed cuddled up in a perambulator, was really a sly and wicked midget. It was unpleasant to imagine the shrill, false pipe in which such a monstrosity might have whispered to his cronies. As a talkie, The Unholy Three is less hair-raising because its sounds have become explicit. Lon Chancy still impersonates Professor Echo, a ventriloquist in a carnival who, when he turns thief, capitalizes his talents to make dumb parrots...
...each air tank was posted a brown native swimmer, manning valves which would admit water, let the pipe sink to the bottom of the bay. When all was ready a whistle blast was sounded and the offshore end started to submerge. Watchers saw the long serpent slowly disappearing, when suddenly something went wrong. The great pipe started slipping sidewise, gathering speed. Tremendous pressure of strong subsea currents had snapped one of the shore cables like cotton thread. Soon the other cable parted and the whole long pipe plunged downward out of sight, a total loss...
...additional $45,000,000, there remains some $60,000,000 in which the public may participate. Object of the issue was the raising of cash for improvements in the company's properties, though no specific mention was made of the large recent and current investments in natural gas pipe lines. With the completion of the $118,000,000 financing, Cities Service will have a funded debt of $263,701,793, while funded debt, preferred stock and outstanding minority stock of subsidiaries amounts to $357,082,551. Consolidated assets, however, are approximately $1,000,000,000 and net earnings...