Word: procession
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Dates: during 1950-1959
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...last resort, not used since 1951, the Fed can make the 6,502 banks in the Federal Reserve system raise their minimum reserves, which now average 16% of loans, thus drastically cutting their lending ability overnight. (The FRB can also reverse this process when recession threatens; e.g., it opened the door for a $9.6 billion credit expansion by lowering reserves...
...experiments to help the Red army. His apparatus, used in the salt marshes of Tashkent, was too expensive, but Zarchin remained certain that the project was practical. He kept it in mind when he was sentenced to five years in the Urals for slyly registering a magnesium-extracting process under the letters "LZLE" first letters of the Hebrew Phrase meaning, "For Zions sake I will not keep silent" (Isaiah...
...tries to beat this drawback by supplementing freezing with distillation by vapor compression. Sea water is pumped into a low-pressure chamber where a part of it is turned into vapor; part is frozen; the remainder passes off as a concentrated brine. The vapor is then slightly compressed. This process turns the vapor into pure water and also generates enough heat to melt the pure ice crystals...
...bought back some of the company's old equipment that had been dismantled and shipped out of the country. He built a modern rolling mill, increased the work force to 16,000, geared production up to 100,000 tons a month. Last year Tix developed a new vacuum process, which takes gaseous impurities out of cast steel, guaranteeing elimination of flaws, cutting production time in half. B.V. has licensed steel companies in France and Belgium, is now negotiating processing rights with companies in ten other countries, including...
...months ago, Tix announced that another new steelmaking process had been developed-"electric-resistance heating," whereby an ingot can be heated to 1,000° C. in 60 seconds. The main advantage: quick, even heating prevents air from damaging surface, speeds up production...