Word: presentably
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Dates: during 1920-1929
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George Eastman (Kodaks, philanthropy), signed a contract with the Italian Government agreeing to present $1,000,000 to build and equip a dental dispensary in Rome...
...Pavlov, "dean of the profession," 1904 Nobel Prizewinner for research on the salivary glands; Denmark's August Krogh, 1920 Nobel Prizewinner for physiology of the capillaries; England's Archibald Vivian Hill, 1922 Nobel Prizewinner for research of muscular contraction; Belgium's Leon Fredericq, president of the second (1892) Congress. Present too were U. S. Surgeon-General Hugh S. Gumming and Harvard's President Abbott Lawrence Lowell...
...results of a California law which goes into effect in September. The law forbids oil production without proper efforts to conserve the natural gas which flows out with the oil. Enforcement of the law may reduce California's overproduction by some 250,000 barrels daily. California is at present yielding more oil than any other State. The result may be a reduction of 10% or more in the U.S. output...
Chemicals & Dyes. Solvay & Co., great Belgian chemical company, planned to acquire through its subsidiary Solvay American Investment Corp., 100,000 additional shares of Allied Chemical & Dye Corp. At present prices, the shares will cost more than $32,000,000. To finance the operation $25,000,000 of 5½% cumulative preferred stock of Solvay American will be sold, this stock carrying warrants permitting the purchase until 1934 of Allied Chemical & Dye stock at $325, one share for each four shares of Solvay American preferred. When the operation is complete Solvay will hold 466,488 shares of Allied Chemical & Dye, more...
...paid was not disclosed, was left to be inferred from Bamberger's earnings of $2,915,375 in 1928. Last week R. H. Macy filed application with the New York Stock Exchange to list 146.385 additional shares of stock. Of this number 69,210 shares (worth at the present market nearly $15,000,000) were given in part payment to the stockholders of L. Bamberger. The remaining 77,175 shares were offered at $145 to Macy stockholders, netting $11,190,375 of which nearly all will be used to complete the purchase. The sale price was therefore...