aries of the residents, and the foundation pays for travel to the interviews, moving costs of the residents and their families, and other administrative costs. Applicants are nominated by deans of engineering schools, screened by advisers from industry, and selected by the foundation as industrial openings develop. About 150 residencies will be filled in the expanded program, which will begin in June 1967. About 60 residencies were provided in the first phase of the program.
Academicians can try industry
Dr. Samuel Ruben Mercury battery for heart pacemaker
has headed his own laboratory (now in New Rochelle, N.Y.) since 1923. In addition to self study, Dr. Ruben credits independence for his successes. "I believe the independent inventor . . . is in the position of being able to think away from . . . popular trends . . . ; he does not have the problems of possibly jeopardizing his position if he is wrong . . . and thus affect his record or status
The Ford Foundation said last week that it is expanding and extending, through 1970, its program that enables young engineering teachers to gain experience in industry or Government through one-year residencies. About $940,000 has been allotted for this new phase of the program. The Faculty Residencies in Engineering Practice program was started in September 1963 (with $300,000). Its aim was to give engineering faculty members some practical experience to counterbalance their usually very theoretical backgrounds. The industrial experience that residents are exposed to includes cost, design, competition, employee relations, and marketing. Under the terms of the program, a faculty member with one year's teaching experience (beyond the doctorate) serves for a year to 15 months under a "preceptor"—a senior engineer in the company involved. The preceptor assigns the resident to a job and keeps him in close touch with the execution of a project and with decision-making processes. Each candidate for a residency must be an engineering faculty member (under 40) at a U.S. or Canadian school. The companies pay the sal-
New electrodes specific for Ca+ 2 A new principle of electrochemical sensing made possible the calcium specific electrodes unveiled by both Orion Research and Corning Glass Works at the meeting of the Federation of American Societies for Experimental Biology, in Atlantic City. The electrode develops a potential across the liquid-liquid interface between an ion-exchange fluid and a test solution. Both Orion (Cambridge, Mass.) and Corning expect ion-exchange membranes to greatly expand the selective ion electrode field. Already the field includes electrodes which are selective for such species as so-
Most companies' earnings gained in first quarter
Company
Net Sales First First Quarter Quarter 1966 1965 (millions of dollars)
% Change
Abbott Laboratories American Cyanamid American Enka Baxter Laboratories Calgon Corp. Celanese Corp. Corn Products Co. Cowles Chemical DeSoto Chemical Du Pont Foote Mineral Co. Gateway Chemicals General Aniline & Film Hercules Powder International Minerals & Chemicals 0 Kaiser Aluminum & Chemical Koppers Mead Johnson & Co. Monsanto Reichhold Chemicals Schering Corp. Sun Chemical Corp. Upjohn Co. U.S. Rubber
$65.3 236.9 46.4 17.5 14.8 248.0 245.0 6.1 24.5 789.0 6.5 3.3 60.5 137.7 206.0 162.0 88.7 34.8 407.2 34.6 32.5 18.6 64.8 318.9
+7.4% +12.5 +5.4 +13.6 +12.1 +22.7 +11.8 +15.0 +20.6 +9.8 +3.1 +135.7 +14.8 +14.3 +16.3 +22.7 +22.8 +22.7 +13.5 +24.4 +13.6 +14.8 +6.9 +10.3
$60.8 210.5 44.0 15.4 13.2 202.0 219.0 5.3 20.3 718.0 6.3 1.4 52.7 120.4 177.0 132.0 72.2 28.9 358.7 27.8 28.6 16.2 60.6 289.1
Net Income First First Quarter Quarter 1966 1955 (millions of dollars) $7.4 26.7
$ 7.0 23.0
4.6 1.2 1.1
3.6 0.8 1.0
16.2 12.7 3356
14.8 11.6 247»
1.2
1.1
102.0 436& 3796
101.7 461 6
3.9 10.0
16.0 11.1 2.1 1.9 36.4 1.1 3.1 265& 10.8
9.8
376 3.2 7.8 13.1
7.8 2.0 1.5 34.2
0.6 2.6 1856
9.3 7.7
% Change
Earnings per Share First First Quarter Quarter 1966 1965
+5.7% +16.0 +27.7 +50.0 +10.0 +9.4 +9.4 +35.6 +9.0 +0.2 -5.4 +924.3 +21.8 +28.2 +22.1 +42.3 +5.0 +26.6 +6.4 +83.3 +19.2 +43.2 +16.1 +27.2
$0.56 1.21 0.86 0.212 0.31 1.13 0.57 0.81 0.36 2.17 0.33 0.45 0.33 0.52 2.49 0.64 0.43 0.33 1.15 0.25 0.78 0.18 0.76 e 0.69
$0.53 1.05 0.67 0.137* 0.28 1.03 0.52 0.62 0.31 2.16 0.35 0.045 0.26 0.41 2.05 0.43 0.41* 0.26 1.08 0.11 0.67 0.12 0.65 0.55 e
a Adjusted for the January 2-for-l stock split. & Net income reported in thousands of dollars, c Nine months' figures—fiscal year ends June 30.
