THE WALL STREET OF CHEMISTRY
STEAM J E T EVACTORS
ANNUAL E A R N I N G S C'elotex C o r p .
Firestone Tire & Rubber Co. Lautaro Nitrate Co. Lee Rubber & Tire Corp. West Virginia Pulp & Paper Co.
1940 $747,628 8,652,607 £664,509 $981,887 3,670,621
Numerous C roll-Reynolds E v a d o r s arc working overtime maintaining high vacuum in plants making explosives, syn thetic rubber, airplane lubri cants and a long list of other ordnance materials. T h e y are maintaining high vacuum on engines and turbines of dozens of American ships sailing the seven seas. While the large and special units require up to three months or more for fabrication the smaller ones are sometimes made in t w o weeks, or less, when the demand is urgent. These include single and multi stage units for v a c u u m up t o a small fraction of 1 m m . abso lute, also small condensers and v a c u u m chilling equipment. A recent development is a vacuum-cooled condenser for maintaining condensing tem peratures down to 34° F. In quiries will be handled as promptly as possible under the circumstances.
Car o i l - R e y n o l d s Co. EST. 1917
17 JOHN ST.
148
NEW YORK
P E R COMMON SHARE
1940 SO. 94 3.02
$2.51 4.37
1941
3.66 3.03
6.14 3.70
foreign income t a x e s amounted t o $14,262,604, compared t o $3,824,056 for t h e previous year. During the year t h e com pany refunded $44,600,000 in outstanding 3.5 per cent debentures maturing in seven years with a §50,000,000 issue of 3 per cent debentures maturing in 20 years. During the year t h e company's new plants in Brazil and India a n d factories in England, Canada, South Africa, and Argentina oper ated at capacity. Total investment in foreign countries n o w amounts to $36,003,447, including plantations in Liberia. Early in 1942 production of synthetic rub ber is expected to begin in the new plant, later to be increased to 10,000 long tons, annually. N e w buildings are being erected to increase facilities for manufacturing products needed b y the Army, N a v y , and air forces.
The D o w Chemical Co. and subsidiaries for the six months ended November 30, 1941, reported consolidated net income of $4,052,370 which, after providing for divi dends on outstanding preferred stock, was equivalent to $3.12 per share on common. This was after providing $3,139,206 for federal normal income taxes, surtaxes, and excess profits taxes, and including divi dends of $750,000 from an associated com pany. For the preceding year net income was $3,585,015 or $3.02 per common share. The cost of completed emergency plant facilities, $1,226,067, is being amortized over a period of 60 months.
AIDING NATIONAL DEFENSE
194.1 $1,749.099 11,262,428 £590.890 $1,482,954 4,270.312
The Firestone Tire & Rubber Corp. re ports sales 43.3 per cent over a year ago, a record high, for the year ended October 31, 1941. Provision for federal, state, and
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Plastic Spools for T e x t i l e Industry Plastics latest contribution to the textile industry is a m o l d e d spool for seam ing thread used in hosiery and sewing thread for apparel/ shoe, and other industries. Uniform in size to the thousandth of an inch, the spools h a v e advantages of a i d ing in uniform winding and eliminating any possibility of yarn breaks due to snag ging. The plastic used is Resinox, produced b y the Plastics Division of Monsanto, Springfield, Mass. Spools, Inc., Providence, makes the holders for Premium Thread C o . C H E M I C A L
A N D
E N G I N E E R I N G
N E W S
B l a c k o u t Paints
T H E development of a complete line of blackout and camouflage paints t o m e e t t h e current war emergency has been a n nounced b y the Paint Division of t h e Pittsburgh Plate Glass Co., Pittsburgh, Penna. T h e paints are designed for domestic and commercial use i n areas s u b ject to possible air raids. They obscure interior illumination when applied to w i n dows, skylights, and other glazed openings. The blackout and camouflage paints have been developed in four principal colors—black, smoke gray, earth drab, and neutral brick.
Agi-Mixer JL HE Agi-mixer, a product of Eppenbach, Inc., Long Island City, N. V . , combines the turbine feature of the company's Homo-mixer with a paddle and scraper agitator arrangement. I t is designed t o give continuous mixing throughout various viscosity phases, as in the saponification of fatty acids. It will prevent coagulation of setting of the material around t h e base of the tank, especially during a cooling process.
Bakélite C-9 Resins for tke Paint a n d Varnish Industry. A new booklet d e scribes the types of Bakélite C-9 resins developed for the production of heat-reactive a n d air-drying coatings, and indicates suggested applications. Emphasis i s placed o n their use with domestic oils, such as linseed, soybean, and dehydrated castor. This is an entirely new group of resins, supplementing the phenolic synthetic resins, and based on Carbic anhydride. Booklet
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BAKÉLITE CORP.,
This Wilson "PULSAFEEDER" — known as Type DES — is recommended for concentrated H 3 SO t / Hy pochlorites or any chemical feed application where a predetermined, manually set rate of flow is desirable. JjThe Chemical Pump is of the "Pulsating Tube" type, with all parts contacting the chemical solution constructed of materials that do not react to it. A standard electric motor of ample horsepower drives, by V-belt and pulleys, a combination gear reduction unit in a single, permanently lubricated case. Ap proximate capacities range from 0 - 1 . 2 to 0—75 G.P.H. Ask for Bulletin DE-201.
» "Pulsating Tube" gives positive displacement feed with no pres sure differentials and assures iso lation of the solution being pumped from the permanent com pression fluid. Transparent plastic valves and blocks make operation visible. » Packing glands and mechanical diaphragms are eliminated to as sure long life. » Piston has low effective area and minimum power requirements. • Micrometer feed stroke adjust ment in operation assures precise, flexible control.
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