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Newspaper
Quincy Whig
Location
Quincy, Illinois, United States of America
Date
Jun 10, 1917
Page
2
The United States Bureau of Standards in Washington reports radium tested there totals over one million dollars in value. This marks a significant benchmark for radioactive materials handling and research funding, reflecting large scale investment and ongoing scientific milestones at the lab.
Washington dispatch notes that only Midvale and Bethlehem plants can mass produce artillery, with both running near capacity on English orders. It discusses the delicate manufacturing process, the eight month setup period, and the high precision required for gun components, including the inner sleeve, jackets, and synchronized heating.
The piece explains the complex, highly trained process of shell casing production and gun manufacturing. It notes age effects on casings, mercury aging tests, and strict quality checks. A three inch field gun costs 4500 dollars, plus carriage at 8500, totaling about 310000 invested by Uncle Sam. Men grow wiser with age. women never grow older.
Prominent conservative business figures organize the Western Oil Refining and Chemical Company to pursue Locke’s gusher fortune. Oklahoma City leaders like R. H. Loecke and A. J. McMahan join as directors with deep refining and bond experience. The firm consolidates a profitable refinery and chemical plant generating over 125000 yearly, plans to double capacity, and leverages seven prime leases across Oklahoma and Kansas including the Wellington Anticline and Blackwell vicinity. Public offer of stock at 1 per share urges immediate subscription to fund drilling and expansion.
Investor outlines that the stock is common full-paid nonassessable with a £1.99 per share price. It confers a pro rata share in present and future assets from wells, refineries, and chemical plants. It reserves the right to reject any or all subscriptions.
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