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BECCO UREA PEROXIDE This is a ridiculous chess-board set-up, but ic -loes represent an excellent formula — Becco Urea Peroxide, a white crystalline material containing 16 per ^-?nt active oxy g e n . It is very readily s o l u b l e in water and is also s o l u b l e in a l c o h o l s and certain other organic s o l v e n t s . It possesses good storage stability. It contains v%ater-free hydrogen peroxide. It is available as crystalline powder or as tablet* A
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APPLICATIONS ι
Used extensively tor pharmaceutical cosmetic preparations.
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Its outstanding characteristic of contain ing water-free hydrogen peroxide, makes it applicable as an oxidizing, bleaching and polymerization a g e n t for use in non aqueous sysiems. T h e available supply of BECCO Urea Pero x i d e is limited at present". ACTIVE OXYGEN 9S ON ACTIVE DUTY O t h e r Becco Products ι
Electrolytic Hydrogen Peroxide — 100 vol. (27.5% by weight» Ammonium Pcrsulfate** Potassium Persulfate Magnesium lv .~«e given t h e o p p o r t u n i t y to exchange their s;>ck fir the new preferred o n a share for share basis, plus a cash adjustment. U n e x c h a n g e d preferred \-Ul be called for redemption at $101 plus accrued diviaends. Cook Paint & Varnish Co. plans to issue 100.000 shares of $ 6 0 par preferred stock and t o offer 50.0lni shares publicly. T b e present $ 4 preferred will be called at $65 a share or exchanged 1er the n e w stock, which will carry a dividend rate ui £ 3 . Crane C o . proposes to retire outstanding $11 5 % c u m u l a t i v e convertible preferred stock through issuance of another preferred series at a lower rate. D o w Chemical Co. directors h a v e declared the following dividends payable J u l y 1 6 t o stockholders of record July 2 : cumulative
£0te**uXZ£00.000 1- to ΙΟ-year serial a o t e s a n d SlO.OuO.OOO 20-year debentures. Proceeds are to b e used to improve m a n u f a c turing facilities a n d d e v e l o p the c o m p a n y ' s gas reserves in Oklahoma a n d T e x a s . E . R. Squibb 4b S o n s haa filed w i t h S E C a registration s t a t e m e n t covering 150,000 shares of $ 4 cumulative preferred stock. Holders of outstanding $ 5 series A a n d $ 4 . 2 5 series Β preferred stock will be g i v e n an opportunity to e x c h a n g e their h o l d i n g s for new stock o n a share f o r shai airable. T h e m a n a g e m e n t will recommend t h a t t h e n e w c o m m o n stock b e placed on a regular quarterly dividend basis of 40 oente p e r share. • TJtfLh Oil Refining C o . h a s registered with S E C 198,828 s h a r e s of $ 5 par c o m m o n as a n initial step in financing construction of a $4,500,000 p i p e l i n e . Virginia-Carolina Chemical Co. h a s pur c h a s e d for $2,890,000 cash 9 9 . 3 % of t h e capitavl stock and all t h e 6 % debentures o f Phoep>hatc M i n i n g C o . o f Florida. C o s t was.taken f ram working capital and $ 2 , 0 0 0 , 0 0 0 w i l l be restored b y 5-year 2 . 1 6 % bank loans.
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Scotch Tape Patent Upheld T h e basi« S c o t c h cellulose tape patent o f Minnesota M i n i n g and Manufacturing C o . , S t . Piiul, h a s been upheld b y the Federal D i s t r i c t court at Chicago. I n a decision dated May 2 8 . Judge J o h n P . Barnes fo m d for t h « plaintiff in i t s a c t i o n against I n t e r n a tional Plastic C o r p . of Chicago, i n which i t c h a r g e d infringement o f i t s basic p a t e n t coveri n g trie transparent, pressure-sensitive t a p e originated by R. G . D r e w and d e v e l o p e d a n d snarketed b y Minnesota Mining for many years.
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An agreement has been reached wit*. Argentina for purchase b y t h e U . 8 . C o m mercial Co. o f exportable surplus vegetable o i l s e e d s and products, t o be delivered i n 1945 a n d 1*946. U S C C is> to purchase all of Argen tina's 1945—46 exporta Hie surpluses c f edible o i l s a n d peanuts, l e s s t h e normal a m o u n t s e x p o r t e d to o»ther Latin A m e r i c a r republics, a s well a>s the 1ÎH5-46 exportable surplus of flaxseed and 1 inseed c I a n d linseed meal, in return f o r vtiich t h e United S t a t e s is t o make available a d d i t i o n a l fuel oil to Argentina.
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Submersed Petroleum Deposits \ t —t s u i t w a s filed M a y 2 9 in t h e U. 8 . Ù •*i'"3- κ Court a t Los Angeles, t o establish un»· rights t h e United S t a t e s may h a v e i n petroleum d e p o s i t s i n coastal submerged Jandb lying: b e t w e e n t h e l o w water line anc* t h e 3-mile l i m i t . T h e s u i t would enjoin opera.tione of the Pacific Westeri. Oil Corp., which* ie e x t r a c t i n g o i l in t h e El wood o i l neid, off t h e California coast near Ha η t a Barbara.
e v i c t e d iirst J ^ ° ^ ρ this in mind voting or P r o c e ^ v e io r that blower, fan, Vuen figuring on a cm o t K e ï pr0 cesspump, compressox, cooRe ing equipment.
Correction R o b e r t S . Ariee, whose article " M a r k e t i n g Research"» appeared i n t h e issue of M a y 1 0 , it* field director o f d· * Northeastern Woo-*. Utilisation Council, a n d n o t of the N o r t h w e s t e r n F o o d Utilisation Council, as printed.
VOLUME
*3, NO.Η
TROY ENGINE & MACHINE CO.
- » » JUNE
HsiaM&sIaeS 1870
I l l , S S & i l g & a d &%r®s!s@ 2 5,
1945
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