Word: totalizer
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Dates: during 1930-1939
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American Water Works, whose total consolidated assets in 1936 amounted to almost $385,000,000, has gradually accumulated properties and organized new companies till it is the customary public utilities tangle of holding companies, operating companies, companies that are not purely one nor the other, and indiscriminate holdings ranging from Manhattan real estate to California prune orchards. After it is simplified, it will keep no less than 108 non-utilities, including 89 waterworks companies which are not defined as utilities by the act. But it will have only three operating and holding utility subsidiaries-West Penn Power Co., Monongahela West...
What Great Northern's competitors regard as its inexcusable policy of undercutting has worked out well for Great Northern. It has $42,600,000 total assets, no funded debt, and an earned surplus of $16,000,000. It has paid dividends regularly since 1909. In 1936 its profits were $1,200,000, an amount not remarkable for a company of its size but very comforting to Mr. Whitcomb when he reflects that not so long ago 40% of all North American newsprint capacity was bankrupt...
...streets be lighted by gas instead of oil, a group of such prominent citizens as Benjamin Chew, Horace Binney and Jacob Ridgeway wrote in consternation to the city council. They protested against the use of "an uncertain light, sometimes disappearing and leaving the streets and houses in total darkness." Despite these dire predictions, the city council spent $100,000 on a municipal gasworks which began supplying 46 street lights and two homes in 1836. Last week hundreds of Philadelphia housewives telephoned the city hall to find out whether the 100-year-old prophecy of Messrs. Chew & friends was going...
...laid his stakes as a modest punter at baccarat, never cried "Banco!" Other punters, with traditional gambler superstitition. rushed to stake on chances opposite to those picked by Edward, figuring "Lucky at love, unlucky at cards." They lost heavily to the bank, from which His Royal Highness won a total for the evening of $40. Next day he paid $20,000 for a flower-shaped emerald pin, surrounded by diamonds, picked out for the Duchess of Windsor who does not gamble...
...long as trouble is abroad in the world in its present proportions, the incidence of all kinds of illness will remain high. In addition to specific physical disorders, we cannot escape the mounting problems concerned with the total personality of young men. These problems may interfere with normal intellectual progress, with development of sound social reactions, and defeat a man's capacity to determine even the choice of a career...