New Testing System Dramatically Improves Parachutes
Pioneer Parachute Company of Manchester Connecticut uses slow motion film from a 50 foot tower to record parachute opening speeds at 70 to 300 mph. Floyd Smith, founder of the system, notes improved packing and a safer canopy, aiding both individual use and heavy payload drops. The arm services of the United States are mentioned in relation to adoption.
MENTIONED IN THIS ARTICLE
Pioneer Parachute Company
Manchester
Connecticut
Floyd Smith
Stock Market Defies Trends
New York, 194– The stock market defied trends as industrial stocks surged to decade highs while overall activity cooled. Defense boosted year end gains though sharp spring declines left most prices modestly higher, with war demand lifting certain shares.
MENTIONED IN THIS ARTICLE
Frederick Gardner
New York
International observers inspect tower developments
Canada England and South American representatives visit to study the tower changes while the company operates on a four hour cycle supplying parachutes for Array and Navy use.
MENTIONED IN THIS ARTICLE
Canada
England
Economic tensions cloud May markets amid wartime fears
As Nazi advances in Low Countries and France sharpen fears for England and empire, May prices slump. Wall Street, cut off from European contacts, faces looming tax burdens and possible British dumping of American securities, with activity far below 1939 levels. Bond dealings drop to 1917 lows as traders weigh US involvement, tax hikes, and war finance.
MENTIONED IN THIS ARTICLE
France
England
Wall Street
Europe
Pittsburgh
Detroit
Cleveland
Stock Exchange
British Isles
Greece
United States
Washington
Defense Spending Surge on Two Ocean Navy Plans
The article outlines defense appropriations totalling 4.0 billion dollars with a 4.586 billion dollar contract for a two ocean navy. It notes expected new authorizations around 3.0 billion and warns of further price rises adding about 2.5 billion to war material costs as defense funding fuels business growth.
MENTIONED IN THIS ARTICLE
Congress
Bond prices hit records as spring selling gains lead top grade
United States government bonds edged higher touching record prices led by gains in top grade issues. Dealers cited strong demand and expectations of continued inflation control as spring selling pushed prices higher. The market observed firm activity across maturities, with long term issues outperforming shor ter ones.
MENTIONED IN THIS ARTICLE
United States
Navy Dominated by the Mahans
AP review notes that in Europe this year naval power, led by Admiral Mahan’s doctrine, appeared decisive. Air power did not force rapid capitulation, Britain’s blockade persisted, and Italy’s fleet faded. The year’s fighting bolstered naval dominance as a key factor in war outcomes.
MENTIONED IN THIS ARTICLE
Jonn Grover
Europe
Alfred T. Mahan
U. S. Navy
Giulio Douhet
Italy
Mahan
Douhet
British Forces in Snowbound Central Mediterranean Fight
British and Italian front lines clash near Tepellini and Klisura as cold and snow hamper operations. A captured fascist lieutenant colonel reports severe frost casualties and supply shortages, with battalions reduced from 700 to about 200. Italian submarines credited with sinking a British light cruiser.
MENTIONED IN THIS ARTICLE
Chimara
Tepellini
Klisura
Leutenant
Rome
High Command
Mediterranean
Outlook for Year Brightens on Spending Surge
Projections say only a modest portion of appropriations has been spent and the full outlays will hit after year’s start. The rise in spending is expected to push business activity upward in a mounting spiral, though new taxes and borrowing may cloud the skies as the year progresses.
Unusual Woman Horizontal and Vertical Puzzle Highlights
A fragmented newspaper puzzle page lists clues for a mixed horizontal and vertical crossword. It mentions a famous deaf and blind woman and a noted writer lecturer who supported education, with numerous clue definitions touching on anatomy, geography, and various objects.
Balloon Flies 240 Miles Near Rosston
A balloon released by Charles Richmond on December 3 near McAlester Oklahoma was found by W A Fairchild two miles southwest of Rosston on December 7 about 240 miles away The finder alerted Richmond a 13 year old boy about the incident high above the ground remains unclear from the readable text
MENTIONED IN THIS ARTICLE
Charles Richmond
McAlester
Oklo
W. A. Fairchild
Rosston
Mr. Fairchild
Richmond
Also Mentioned on This Page
Harry W. Shiver
Dudley Gro
MET
Omega Flour
Kelloggs
Corancess
Ibs. SC
Texas
Navy
Ainle
Goddess of
Greenland
North Atlantic
Britain
Galore
Penney’s
Spane Rayon Street
Teen
Penney's
Penney Company, Incorporated
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