Word: ponts
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...room was hot and tempers hotter. The Justice Department was conducting a drive along the lines of its Standard Oil action three weeks ago (Time, April 6, et seq.). Gape-jawed Senators were told that General Electric (through its subsidiary Carboloy Co., Inc.) and Remington Arms (Du Pont-controlled) had conspired with German munitions interests (Krupp and I. G. Farben) to monopolize vital war materials, restrict their availability to the U.S. and Britain. Angry Carboloy and Remington officials made the familiar reply: if they had not made a deal to get.the German patents, the U.S. would have entered...
...Because U.S. chickens consume more vitamin D than the U.S. citizenry, Du Pont has developed a synthetic product to replace the cod-liver oil formerly imported and fed to poultry. Made from sterols (solid alcohols) extracted from animal fats and irradiated with ultraviolet light, it is conveniently dry rather than gooey, like fish oils. Poultrymen last year spent thousands of dollars for vitamin D products to insure strong-shelled eggs, high hatching rates, low mortality...
...Harvard's social sciences "declined from nearly one-half of all concentrators 20 years ago to less than a quarter today," and the natural science majors "increased from one-fifth in 1921 to nearly one-third last year." These men could go straight from college into jobs with du Pont, General Electric, or similar firms who need specialized minds...
Astatic Microphone Laboratory, Inc. (of Youngstown, Ohio) was puzzled when Du Pont gave it orders, with a high Government priority, for numbers of sensitive phonograph pickups. Astatic Microphone was still more surprised to find out that Du Pont engineers were putting the phonograph needles not on phonograph records but against factory fences, relaying the wires' vibrations to amplifiers. So Asiatic's engineers redesigned their pickups to make them more compact and weatherproof. Du Pont last fortnight announced the result: fences (equipped with five pickups to the mile) which can catch a wren's song or the sighing...
...because of still higher taxes; 2) the long string of United Nations defeats. Brokers' explanations are usually in the nature of rationalizations, but the effect of war economy on business was unmistakable. Many famous companies have already cut their dividends. Biggest market declines came in companies like Du Pont, Eastman Kodak, Dow Chemical, International Business Machines, whose conservative fiscal methods, progressiveness and aggressiveness had made them blue chips. Under the Treasury-proposed tax program, these sound peacetime policies will hardly pay; "excess profits" will be taxed 89%. Net will depend very little on good management now, very largely...