September 27, 1930

September 27, 1930

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Meets, Tours, Derbies

Harry Russell Holds Tour Lead

By John T. Nevill12 min

Gliders and Gliding

Opening of Soaring Contest Featured By Hirth’s Flight

AERONAUTICAL FINANCE

The “Mystery Corporation” Retains Its Secret

By R. R. DOANE5 min

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45
Meets, Tours, Derbies

Harry Russell Holds Tour Lead

Livingston, Davis Follow; Schneider Nears G. L. Trophy

By John T. Nevill12 min

23
Gliders and Gliding

Opening of Soaring Contest Featured By Hirth’s Flight

Lack of Favorable Winds Slows Initial Days; O’Meara and Allen Are Among Those to Qualify
1415
AERONAUTICAL FINANCE

The “Mystery Corporation” Retains Its Secret

KNOWN IN Wall Street by the complimentary sobriquet of ‘‘Mystery Corporation” The Aviation Corp. of Delaware, with little explanatory elaboration and less detailed disclosure, has reported a net loss, covering the first six months of 1930, of $3,236,317.95.

By R. R. DOANE5 min

1617
Airport and Operation Bases

Lighting at Valley Stream Completed

Curtiss Port Fitted With Elaborate System
2021
Airport and Operation Bases

Airport Construction

New Sites, Enlargements East Surfacing and runways are now complete at Floyd Bennett Field, Barren Island, Brooklyn, N. Y., and eight hangars are under construction. Contracts are about to be let for the development of parking space and for the construction of a seaplane base adjacent to the field, on the easterly side facing Jamaica Bay.
1617
Airport and Operation Bases

Improved Lunken Airport Now Model

Dedication to Inaugurate Outstanding City Project

By H. N. Loeb3 min

2223
Foreign

Foreign

A monument was dedicated September 21 near Toulouse, France, to the memory of Clement Ader, an early French aeronaut. A reduction of $20,000,000 has been asked by the French Minister of the Budget from proposed air budget of $88,000,000. No action has been taken.
1213
THE DAILY PRESS

The Daily Press

Air traffic over London has become so congested that henceforth planes will be permitted to fly over the Old World metropolis in one direction only. Adjacent territory is similarly affected by the new air ministry regulations. A flight between Heston and Hanworth, three and a half miles apart as the crow travels, ordinarily takes but a few minutes.
1213
Editorial

Editorial

In this forthcoming meeting of the Department with the industry there will be at least tentative consideration of a simplification of departmental routine in engineering inspection. The plan, partially based on British practices, of listing certain firms as of demonstrated ability and giving them approval to go ahead largely on their own responsibility, so long as they take no unfair advantage of the leeway thus granted, will be in the minds of those present, event if its adoption here is not actively urged.
1213
WATCHING THE NEWS GO BY

Watching the News Go By

Mr. J.W.W., of Evansville, Ind., sends in a clipping from the local Sunday Courier describing a new ship built there: “It has an adjustable stabilizer, a split wing landing gear (which means there is no axle to hang on obstacles) and numerous other appointments of which the inventor is proud.”

By ROBERT R. OSBORN3 min

September 201930 October 11930