Word: telechron
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Dates: during 1936-1936
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...bell strikes 10 o'clock, and Joe Yardling jumps up from Bryce's "Holy Roman Empire" to realize that his new Elgin watch is apparently ten minutes slow, and that he is exactly ten minutes late to class, it is no less than the complete system of University electric telechron clocks that is to blame...
Connected with each electric chronometer is a regular clock with an automatic adjuster. If the current should be shut off and the telechron fall behind, it is not reset in the ordinary manner, but the automatic adjuster makes it function at twice its normal speed until it has caught up with the regular clock...
...assets ($11,500,000) as in sales ($8,000,000 last year) GTI is about twice as big as its nearest competitor, E. Ingraham Co. of Bristol, Conn., makers of Ingersoll watches. Other big clockmakers are New Haven Clock Co., Waterbury Clock Co. and Warren-Telechron, which is now a General Electric subsidiary. Waterbury makes electric clocks for Westinghouse. In a normal year the clock industry sells $35,000,000 worth of time instruments. but "normal" is now only a sweet memory. In 1932 the figure was down to approximately $13,000,000. Last year it was around...