N E W S E ID I Τ Ι Ο Ν
284
CHEMICAL SOCIETY OF WASHINGTON ELECTS OFFICERS T H E BOARD OP MANAGERS
of the Chemical S o c i e t y of Washington elected the following officers at a meeting held November 10, 1932: President, Paul E. Howe; Secretary'> James H. Hibben; Treasurer, Orville E. May; Councilors, H. T. Herrick, H . G. Knight, E- W. Washburn, E. Wichers, R~ E. Gibson, and M. X. Sullivan; Managers, J. A . Ambler, N. Bekkedahl, J. F . Couch, R. E . Gilchrist, A. T . McPherson, and A. R. Merz. PATJL Ε . H O W E
NORTHEAST TENNESSEE SECTION
MEETS
THE NOVEMBER MEETING of the section -was held November 4 at Elizabethton, Tenn. The meeting was preceded b y a dinner, at which about sixty members and guests were present. This was thefirstmeeting of the section at Elizabethton. At the conclusion of the dinner a brief business session was held. D. E. Northrup gave an account of the Denver meeting of the SOCIETT. A. C. Adams, professor of chemistry, King College, Bristol, Tenn., gave an address on "Some Recent Ad vances in the General Field of Chemistry," -which was followed b y an interesting discussion. An enjoyable social hour followed, during which the bowling alleys, billiard room, etc., of the American Beraberg Glanzstofl* Clubhouse were well patronized.
Calendar of Meetings
Vol. 10, No. 22
Other Scientific Societies AMERICAN ASSOCIATION OP TEXTILE CHEMISTS AND COLORISTS.
King Cotton Hotel, Greensboro, N . C , December 2 and 3, 1932.
AMERICAN INSTITUTE OP CHEMICAL ENGINEERS.
Hotel Wash
ington, Washington, D . C , December 7 t o 9, 1932.
FOURTEENTH EXPOSITION OP CHEMICAL INDUSTRIES.
Grand
Central Palace, New York, Ν. Υ., week of December 4, 1933.
INTER-SOCIETY COLOR COUNCIL.
Columbia University College
of Pharmacy, 113 West 68th St., New York, N . Y. 28, 1932, 10:30 A. M.
December
NATIONAL EXPOSITION OP POWER AND MECHANICAL ENGINEER
ING. Grand Central Palace, New York, J>Ï. Y., December 5 to 10, 1932.
Financial JNews AIR REDUCTION Co. The statement of tne Air Reduction Co. for the third quarter of 1932 shows net profits of $425,920, after deduction for estimated federal income taxes. Capital stock outstanding is 841,2883/s shares without par value. COMMERCIAL SOLVENTS CORP.
The net profit of the Com-
mercial Solvents Corp. for the quarter ended September 30,1932, is shown by the company's report to b e $305,562, or 12 cents per share on 2,530,218 shares outstanding. The net earnings per share for the nine months ended September 30 are 35 cents. The company is building up a large inventory of solvents made at record low costs based on present prices of com. Pick-up of the rayon industry has increased sales of acetone, and net earnings for the year are indicated at 45 to 50 cents a share. The company has $3,200,000 cash on hand after expenditures for inventory. Plante have been operated at capacity since January 1. Dow CHEMICAL Co. At a meeting of the board of directors of the Dow Chemical Co., held October 18, dividends as follows were declared payable November 15 t o stockholders of record at the close of business November 1, 1932: 1.75 per cent on preferred stock, and 50 cents a share on non-par value stock. E. I. DU PONT DE NEMOURS & Co., INC.
The report of E. I.
du Pont de Nemours & Co., Inc., for the quarter ended September 30 states that the company earned 36 cents a share on 10,838,799 American Chemical Society shares of common stock, the average number outstanding, as 85TH MEETING. Washington, D . C, week of March 26, 1933. compeared with $1.12 a share in the corresponding period of 1931. These figures include dividends from General Motors investment. 86TH MEETING. Chicago, 111., week of September 11, 1933. For the nine months ended September 30 earnings were equal to 87TH MEETING. St. Petersburg, Fla., March, 1934. SI.37 a share on an average number of 10,865,592 shares of com88TH MEETING. Cleveland, Ohio, autumn of 1934. mon stock, as compared with $3.37 for the corresponding period FIFTH NATIONAL ORGANIC CHEMISTRY SYMPOSIUM. Cornell in 1931. University, Ithaca, Ν. Y., December 28 to 30, 1933. HERCULES POWDER Co. For the nine months ended SeptemLOCAL SECTIONS ber 30, 1932, the Hercules Powder Co. shows a net profit of after deductions for depreciation, federal tax, etc., as / JES. November 29, 1932. "The Neutron and the Photogra $538,587 compared with $1,087,886 for the corresponding period in 1931. phy of Alchemy," by W. H. Harkins. Dividends $562,276 were paid on preferred stock and $950,096 CONNECTICUT VALLEY. Springfield, Mass., December 10, 1932. on commonofstock. DETROIT. December 15,1932. Speaker, R. A. Baker. EASTERN N E W YORK. Union College, Schenectady, Ν . Υ., MONSANTO CHEMICAL WORKS. The Monsanto Chemical December 16, 1932. Speaker, Marston T- Bogert. Works and subsidiaries report for the quarter ended September 30 ERIE. December 13, 1932. Speaker, Marston X . Bogert. a net profit of $201,821 after deduction of charges and federal IOWA. November 28, 1932. "The Neutron and the Photogra taxes, equivalent to 47 cents a share o n 429,000 no-par shares of stock, compared with $258,361 or 60 cents a snare in the preceding phy of Alchemy," by W. H. Harkins. KANAWHA VALLEY. Hotel Ruffner, Charleston, W. Va., De quarter and $361,720 or 84 cents a share in the third quarter of cember 12,1932. Dinner,6:30 P.M.; meeting,8P.M. "What's 1931. For the nine months ended September 30, 1932, the net Ahead for the Chemical Industry in 1933," fcy S. D. Kirk- profit was $736,042, equal to $1.71 at share, compared with patrick. $1,033,174 or $2.40 a share in the first nine months of 1931.
KANSAS CITY.
December 2, 1932.
"The Neutron and the
Photography of Alchemy," b y W . H . Harkins.
TEXAS GULP SULPHUR Co. The Texas Gulf Sulphur Co. re-
ports for the quarter ended September 30, 1932, net income of $1,434,853 after depreciation and federal taxes but before depleand the Photography of Alchemy," b y W. H. Harkins. tion, equivalent to 56 cents a share on 2,540,000 shares of no-par MIDLAND. The Dow Chemical Co., lecture Room, December stock. This compares with $1,384,423 or 54 cents a share in the 14, 1932. "The Development of Organic Medicinals Having preceding quarter and $2,315,926 or 91 cents a share in the third Hypnotic Action," by H. A. Shonle. quarter of 1931. For the nine months ended September 30, NEW YORK. Chemists' Club, New York, Ν. Y. December 2 , 1932, the net income was $4,541,811 before depletion, equal to 1932. a share, compared with $6,704,091 or $2.64 a share in the OMAHA. November 30,1932. "The Neutron and the Photogra $1.78 first nine months of 1931. During the last quarter the company phy of Alchemy," by W. H. Harkins. its reserves for depreciation and accrued federal taxes ROCHESTER. December 5, 1932. Speaker, C . C. Nitchie. decreased $77,072, making the total of these reserves $13,570,379 on ST. LOUIS. St. Louis University, School of Medicine, De by cember 5, 1932. Dinner, 6:30 p. M.; meeting, 7:45 P.M. September 30, 1932. Speakers, C. J*. Monroe, M. E. Thorpe, D. W. MacCorquodale, UNION CARBIDE AND CARBON CORP. The Union Carbide and and A. Kirkpatrick. Carbon Corp. reports for the third quarter, ended September 30, UNIVERSITY OP MISSOURI. December 3, 1932. "The Neutron 1932, net income after all charges of $1,984,917, equal to 22 cents and the Photography of Alchemy," b y W. H. Harkins. a share on 9,000,743 shares. ThisYcompares with 25 cents a VIRGINIA. Medical College of Virginia, Richmond, Va., Decem share in the second quarter and 22îcents in the first quarter. ber 9, 1932. Dinner, 7 P.M.; meeting, 8:151P.M. "Some Net profits for the third quarter in 1931 were $4,773,085, equal Phases of Coal Carbonization," by W . P. Ryan. to 53 cents a share. KANSAS STATE COLLEGE.
December 1, 1932.
"The Neutron
November 20, 1932
INDUSTRIAL
A N DE N G
NEERING
ticularly those branches supplying the textile and tanning indus tries, have improved, according to statistics furnished by the D e partment of Commerce. The demand from the lighter indus trial units has been the main sustaining influence, the heavy industries continuing to confine their demands to immediate needs. Prices of chemical products, although relatively steady for many weeks, still fail to display any general rallying tendencies. In the week ended October 15, prices were nearly 30 per cent below their 1926 average and slightly below the average for tlie preceding two months. The gradual widening of the margin between chemical exports and imports continued during the third quarter of 1932, the total shipments of chemicals and allied products exceeding total im ports by $15,600,000. Exports valued a t $71,200,000 were 30 per cent below the corresponding figure for 1931, while imports worth $55,500,000 were 40 per cent less. The upward trend con tinued during the third quarter for the commodities which re corded improvement in the first half of 1932. Employment for the first time since April recorded a gain in September over the preceding month. Production of by-product coke, reflecting increased activity in the iron and steel industry, advanced about 5 per cent. Sonne broadening in demand has been reported recently in the move ment of coal-tar products to the automotive and rubber indus tries, while the demand of the textile and tanning industries for coal-tar colors continues. New orders, production, and shipments of explosives increased sharply from the record low months of June and July. The 23 per cent gain in new orders in August raised this figure to the highest point since January, 1932. Shipments exceeded produc tion by approximately 1,000,000 pounds, leading to a reduction of this amount in stocks on hand. Stocks at the end of September were at the lowest point recorded since November, 1926.
285
Personalia
C H E M I C A L IIVDUSTRY I M P R O V E S PRODUCTION AND DISTRIBUTION of industrial chemicals, par
CHEMISTRY
CHANGE O F ADDKESS. When sending in any change of address, please also forward information regarding position held, company or buisness connec tion, and close of products manufactured to AMERICAN CHEMICAL SOCIETY, 7£8 Mills Blag., Washington, D. C.
R. F . COHEE, JR., has accepted a research fellowship in bio· chemistry in the Chemistry Division of the Experiment Sta tion at Washington State College, Pullman, Wash. R. A. CONNOR, a graduate of the University of Wisconsin, June, 1932, is now instructor in organic chemistry at Cornell Univer sity. A. C. COPE, Ph.D-, University of Wisconsin, June, 1932, is now working at Harvard as a fellow of the National Research Council. L. W. COVERT, a graduate of the University of Wisconsin, June, 1932, is now associated with Rohm and Haas, Phila delphia, as research chemist. THOMAS KEENAN, well known in paper chemistry and pharmacy, who recently suffered the loss of his wife, has sailed for a visit to Scotland. PETER D E LEEUW has been transferred to the Niagara Falls
plant of the Roessler & Hasslacher Chemical Co., where he will serve as supervisor of the Peroxygen Development Di vision. J. L. ONOLEY, Ph.D., University of Wisconsin, September, 1932, has been appointed to a fellowship of the National Research Council and has started his work at Massachusetts Institute of Technology. WALTER CLIFFORD SCOTT has resigned his position as science
teacher in the Mercedes, Texas, high school t o accept the position as junior chemist at the Citrus Products Station, U. S. Bureau of Chemistry and Soils, Weslaco, Texas.
GEORGE M. SHARER has been appointed sales manager of the TRANSPORTATION O F EXPLOSIVES T H E INTERSTATE COMMERCE COMMISSION has announced that
a hearing will be held at the office of the commission in Washing ton, D. C., January 4, 1933, at 10 o'clock, on the transportation of explosives. This hearing is held in order that interested parties may appear and express their views before the commission formulates and publishes its regulations for the transportation of explosives and other dangerous articles in freight, express, 'and baggage services and by water freight and passenger vessels, including specifications for shipping containers. Proposed regulations on this subject have been drafted by the commission with the cooperation of the Bureau of Explosives and other interested parties.
eastern division of the Link-Belt Co., with headquarters in Philadelphia, and will direct supervision of sales of all the company s offices in the Atlantic Coast states.
JOHN T. STEAEN, who, during the past two years, has been in
charge of the production department of Toledo Synthetic Products, Inc., manufacturer of Plaskon, a urea-formaldehyde molding compound, has rejoined the investigatory staff of Mellon Institute of Industrial Research, Pittsburgh, Pa., where he will head the industrial fellowship sustained by this company. A. M. Howald, former holder of the same fellow ship, i s now engaged in production research in the company's plant in Toledo, Ohio.
Necrology
STANDARD O I L TRANSFERS ALCOHOL INTEREST T H E STANDAKD OH* CO. OP N E W JERSEY, which has been en
gaged in the manufacture of higher alcohols from petroleum for the past twelve years, has transferred this business to a newly organized company, the Standard Alcohol Co., thus ending patent litigation between the Standard Oil Co. of New Jersey and the Petroleum Chemical Corp. The executive officers of the new company whose headquarters will be at 2 Park Ave., New York, Ν. Y., are: president, F. H. Bedford, Jr., an executive of Standard of New Jersey; vice presidents, F . W. Abrams, F. W. Moss, and M. B. Hopkins.
WHXOUGHBY M . THE
SUDDEN
DEATH
OP
MCCOBMICK
WiLiiOUGHBY
M.
MCCORMICK,
founder and president of McCormick & Co., Inc., Baltimore, Md., on November 4, came as a complete shock to his many friends and business associates. Mr. McCormick was taken ill in the New York office of his company, at noon, and died at 1:45 P. M. Death was due to heart failure. Mr. McCormick was born in Dover, Va., in 1864. He started in business for himself at the age of twenty-Eve years, founding the present company of which, until the time of his death, he had been president and active head. From a one-story and TESTING PRECIOUS METALS WITH THE TOXJCHSTOI^B cellar establishment with four employees, Mr. McCormick saw the business grow to its present nine-story concrete building "TESTING PRECIOUS METALS WITH THE TOUCHSTONE" is the facing Baltimore's waterfront and covering twelve and a half acres title of a 24-page booklet by C. M. Hoke, giving rapid, practical of floor space, housing the largest business of its kind in the world methods of testing alloys and solutions for precious metal content. and employing over six hundred people. The company also The booklet is divided into three parts, discussing the old method maintains offices in New York, Philadelphia, Pittsburgh, Hous for gold and silver; how to detect palladium and gold in platinum ton, San Francisco, Los Angeles, Seattle, New Orleans, Louisville, alloys, dental alloys, or solutions; and how to detect palladium Chicago. and nickel in white golds, platinum, etc. The booklet may be and He was the organizer of the Flavoring Extract Manufacturers' obtained at 50 cents a copy from Jewelers' Technical Advice Co., Association, The Spice Trade Association, The American Tea 22 Albany St., New York, Ν. Υ. Club, and was one of the organizers of the American Grocery Manufacturers' Association. Aside from his business associa tions, Mr. McCormick always took an active part in civic affairs. His most recent appointment was as Chairman of the Smoke T H E RENSSELAER POLYTECHNIC INSTITUTE, Troy, N. Y., lias issued an 80-page bulletin which gives a description of the Control Advisory and Appeals Board. Smoke abatement was one of Mr. McCormick's pet civic projects and prior t o his ap laboratories of the Departments of Civil, Mechanical, Electrical, pointment to head the board he had been active for many years and Chemical Engineering, of the Physical, Chemical, Biological, in smoke abatement work and was a member of the committee and Mineralogies! Laboratories, and of the Shop of the institute. organized by the Baltimore Association of Commerce to prepare The bulletin is generously illustrated with photographs of labora the ordinance that has now become a law. tories and equipment.
