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...very bottom of the barrel lies their least liquid sediment: some $850,000,000 (book value) of "investments in controlled enterprises," the unlisted securities of privately owned corporations. Such companies include giants like rayon-making American Viscose, British-American Tobacco's Brown & Williamson Tobacco Corp. (Kool, Raleigh). They also include many smaller fry: British Ropes, Ltd., J. & J. Cash, Inc. (woven names), Crosse & Blackwell (jam, etc.), Jaeger Co. (knit goods), Oxford University Press, Yardley & Co. (cosmetics), many another. Not listed on U. S. exchanges, stock in such companies is "unseasoned," would probably find an uncertain market...

Author: /time Magazine | Title: SECURITIES: A Deal in British Stocks? | 1/20/1941 | See Source »

...miles lower than it is now - a presumption difficult to account for, even allowing for water drawn into the great Glacial Age ice sheets. Geologist Douglas Johnson of Columbia University last week announced an easier explanation: "sapping" by submerged springs. The Glacial Age rivers deposited great masses of sediment on the sea floor; water was forced through the sediment by hardening or by pressure and oozed out at the seaward face; this process cut the canyons...

Author: /time Magazine | Title: Science: Academicians | 5/8/1939 | See Source »

Real champagne is bottled before fermentation is complete and the fermentation which continues inside the bottle is responsible for the sparkle of the wine. The skilled winemaker is faced with the problem of removing sediment from a bottle of wine without losing the sparkle. This is usually done by turning the bottle upside down, collecting the sediment on the face of the cork, freezing the wine in the neck of each bottle, removing the cork and the top lump of dirty ice. Mr. Moore performs this essential process mechanically. He drives two corks, connected by a three-inch chromium...

Author: /time Magazine | Title: Science: Duo Carolus | 9/19/1938 | See Source »

...death. When this situation has been straightened out by the surgical nurse (Margaret Lindsay) who was on the case, and when Dr. Paige has risked his life in a foolhardy experiment to find a spotted-fever serum, there is not much left of Green Light except the sediment of kindergarten metaphysics which gave the book its mass appeal. In the picture, this sediment is represented by Sir Cedric Hardwicke as Dean Harcourt, a strangely overwrought clergyman who, when the other characters come to him for counsel, expounds to them his naïve conception of human affairs. "I like...

Author: /time Magazine | Title: Cinema: The New Pictures: Feb. 22, 1937 | 2/22/1937 | See Source »

...desire for a Red government. That is the most serious of their many mistakes. The man is dissatisfied with his economic position in our type of industrial society. He wants to gain a place in the upper brackets. In other words, this type of fellow, the sediment of Bacchus, seeks to satisfy his own interests. This is a far cry from the abolishment of Capitalism, Consequently, anyone who suppresses Communism in the United States does so, not out of fear, but rather because of the annoyance which it affords...

Author: NO WRITER ATTRIBUTED | Title: THE MAIL | 10/31/1936 | See Source »

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