Word: vulcanized
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...famed snuff makers, announced a $4.75 extra special, a $2 customary special, and a regular quarterly of $1.25. Directors of American Can took Wall Street and some of the company's own officers by surprise with a $1 extra besides the regular $1 quarterly. A small chemical company named Vulcan Detinning, which in 32 years of corporate existence has omitted common dividends for 28, made enough out of reducing scrap tinplate to pay a $4 special. Ruberoid Co., which has not missed a dividend since 1889. announced a 25¢ regular, a 25¢ extra. Ingersoll-Rand, makers of compressors and pneumatic...
...This company's growth was due to Ivar Kreuger's efforts and its rise paralleled his own. Sweden's match industry began in the latter part of the 19th Century. Small factories sprang up all over the country. In 1903 a merger of many of the companies formed Vulcan Match Manufacturing Co. which began to force the smaller companies out. In 1907 Ivar Kreuger, then 27, arrived in Stockholm after several years spent in the U. S. as a construction engineer. (He built Syracuse University's Stadium.) He and Paul Toll formed Kreuger & Toll Co. to do engineering work...
Ivan Kreuger's father had a small match factory which was not making money. Young Kreuger saw that a merger with other independents was the solution. In 1913 he put through the deal which created United Swedish Match Factories Co. and four years later this firm merged with the Vulcan group, eliminating competition in the home market. The next years were spent in pushing exports, building factories abroad, forming alliances with competitors. One of these alliances was a sales agreement with Diamond Match Co. to cover safety matches in the U. S. When in 1930 a U. S. tariff...
Kreuger in LL S- Potent in the U. S. match business is Ivar Kreuger, match tycoon of the world. Vulcan Match Co. (subsidiary of International Match Corp. which in turn is controlled by Swedish Match Co., Kreuger & Toll unit) has long sold imported Swedish matches in the U. S., made none of its own. The recent tariff on matches has made this business less profitable, has made it seem likely that Herr Kreuger would acquire a U. S. factory. Once it was widely thought that he had bought a big interest in Diamond Match Co., biggest...
...been warmly received. Astronomers, a conservative clan, will likely select a classical name. If Clyde Tombaugh, first human actually to see the planet, suggests a name satisfactory to astronomers, it will doubtless be accepted. Names suggested last week: Telesis, Noveno, Amos, Andy, Tunney, Pax, Archie, Nonus, Cronos, Ceres, Juno, Vulcan, Persephone, Minerva, Excelsis, Coolidge, Hoover, Jesus...