Word: vacuum
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Dates: during 1930-1939
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...company wanted a device to resuscitate asphyxiated persons. The Drinker machine does that (TIME, Sept. 8, 1930). It is a metal box weighing 700 Ib. A person unable to breathe voluntarily is sealed in the chamber, all except his head. An electric pump creates a mild, interrupted vacuum in the sealed box. The vacuum is sufficient to pull up the victim's chest. That action pulls air into his lungs through his mouth which remains exposed to the free air. When the chamber vacuum is released, his chest falls, air is squeezed out of his lungs. The interrupted vacuum...
Uncertainty of earnings has led to a new dividend practice. Many stocks on a dividend basis are being added to the list of those for which no annual rate can be quoted (Canadian Pacific, American Car & Foundry, Socony-Vacuum, Great Northern, Transamerica, Stone & Webster). Ac- tual rates of such stocks are expected to continue as high as ever...
...Government made a beau geste to business when it did not appeal the decision of the Circuit Court of Appeals in St. Louis permitting Standard Oil Co. of New York and Vacuum Oil Co. of New York to merge (TIME, June 15). Straightway every oil merger rumor of the last three years came to life. Last week a gusher of oil news spouted on the front page of every newspaper. Of greatest magnitude was the announcement that...
Seasoned executives drawn from the two merging companies are in command of Socony-Vacuum Corp. Of the three top officers the youngest is Charles E. Arnott, who became president of Vacuum only last year, and who steps into the presidency of the new company. He has been an oilman since 1896, with Vacuum since 1903. He lives in Short Hills, N. J. Trenchantly he describes Socony-Vacuum: "Not only will it contain every element of the production, refining and distribution of a complete line of petroleum products, but, as if arranged by nature, the field of action...
...profit made by Vacuum in 1929, all except $4,200,000 came from its foreign business...