Sargassum occurs. "Sargassum muticum" is a large brown seaweed of the class Phaeophyceae. It grows attached to rocks by a perennial holdfast up to 5 cm in diameter. From this holdfast the main axis grows to a maximum of 5 cm high. The leaf-like laminae and primary lateral branches grow from this stipe. In warm waters, it can grow to 12 m long, however in British waters it gives rise to a single main axis with secondary and tertiary branches that the plant sheds annually. Numerous small 2–6 mm stalked air vesicles provide buoyancy. The reproductive receptacles are also stalked, and
American Type Founders that company to be even less profitable than was thought, Gillick was forced to resign. Thomas Roy Jones, a businessman with no experience in type founding, replaced Gillick. By 1933 the situation was desperate. Sales of type were less than 30% of 1926 levels while purchases of Kelly presses had plummeted to a mere 6.8% of what they had been. In October 1933 Jones filed a voluntary petition for bankruptcy. ATF was placed under the control of its creditors (chiefly consisting of several banks) and drastic measures were taken. Operations were consolidated, the Jersey City plant was closed and the