Word: planting
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Dates: during 1930-1939
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Last week on San Francisco's famed Embarcadero were unloaded the biggest and best magazine rotary presses ever to appear on the West Coast. When assembled in the prospective Palo Alto plant of Sunset, the Pacific Monthly, the battery will consist of two 64-page, two-color Cottrell presses and two Cottrell-McKee multicolor presses for four-color work, along with electrotyping, drying and binding equipment. Total cost: $250,000.* All of this will start rolling next month to print a magazine which has had to peg its circulation at around 200,000 since 1930 because there were...
Newest gift of Viscount Nuffield, greatest nonroyal giver in British history, is to be an iron lung, free of charge, for each and every medical institution in the Empire. Part of his tremendous motor car plant, England's biggest (which made the millions he gave to Oxford University), the bullnecked Viscount last week put in commission to make the first 5,000 lungs. Estimated cost: $2,500,000. His inspiration: a movie made by Oxford's anesthetics department which he founded...
...Crimson underground city, with its white walls and intricate machinery, resembles the bowels of an ocean liner. Among the various "infernal" machines located there is the University's ice plant and refrigeration system...
Last week, with a $14,000,000 backlog of unfilled orders and enough new contracts in sight to keep his plant running full blast through 1940, Glenn Martin decided he needed more money for working capital and expansion. He will offer to stockholders in the ratio of one new share for each six now held 156,000 shares of Glenn L. Martin Co. common at $20 a share (last week's market price: $33). It will be the first new financing by an important aviation company since Boeing raised $3,789,600 in June 1937. Rearmament-conscious Wall Street...
...world's No. i radiator salesman. Good-natured, paternalistic, Clarence Woolley has been with American Radiator for 46 years, has headed it for 36. Last week he resigned. Into his place stepped Henry M. Reed, president of the subsidiary Standard Sanitary Manufacturing Co. Son of a Standard Sanitary plant superintendent, Henry Reed, 58, began working for the plumbing company in 1900, was elected president...