𝔖 Bobbio Scriptorium
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New battery expected to find wide application


Publisher
Elsevier Science
Year
1950
Tongue
English
Weight
69 KB
Volume
250
Category
Article
ISSN
0016-0032

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✦ Synopsis


What will be the world's largest private branch system is coming into being in Washington for the Department of Defense. A stepby-step system, it was manufactured by Western Electric and furnished to the Government by the Chesapeake and Potomac Telephone Company. It will have 18,500 lines and 33,000 telephones and will handle upwards of 250,000 calls a day. By calling Liberty 5-6700, any telephone in the Pentagon can be reached; and by October when Navy telephones are transferred, the same number will reach them.

Large enough to serve a city of 200,000 people, the new system could be nearly doubled in size in an emergency.


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## Abstract This paper develops a market‐based measure of devaluation expectations derived from the relative stock market performance of companies with different exposures of current and future profits to exchange‐rate changes. The measure can be viewed as a complement to measures of devaluation ex