Word: ponts
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...Pont Company will award a post-graduate fellowship and a post-doctoral fellowship to the University, along with 46 other schools. The awards are a continuation of the company's plan to encourage research in chemistry physics, metallurgy, and engineering...
With the aim of "stock-piling basic knowledge" in chemical research, the Du Pont organization has also instituted a program of grants-in-aid to ten universities for unrestricted use. Included in the program is Harvard...
Four for One. E. I. Du Pont de Nemours & Co. announced that it would split its 11,158,207 shares of common stock 4 for 1 if stockholders approved. Though Du Pont kept mum on its reason for the split-up, brokers guessed it was to broaden the market for its stock, which has fluctuated widely on slim sales (day of the announcement Du Pont stock jumped 8⅛ to 179¾). It would also give Du Pont more common shares than any other U.S. corporation...
Textiles. A new synthetic textile ("the best we know of for outdoor use") was hailed by Du Pont. Called "Orlon," it is described as warm as silk, as wrinkle-resistant as wool, and resistant to moths, molds and mildew. Though nylon is less likely to tear, Du Pont said that nylon, rayon, linen and cotton were "complete failures" in an exposure test which hardly affected Orlon...
...wife wanted to go bowling that evening, so Henry Toy Jr., a Du Pont executive, went to the Parent-Teacher Association meeting himself. He learned a thing or two. The public school in Oak Grove, Del., where his five-year-old son went, was so crowded that the kids had to wait in line to get into the bathroom. Were conditions that bad in other Delaware schools? He learned that they were generally far worse...