Sargassum Sargassum Sargassum is a genus of brown (class Phaeophyceae) macroalgae (seaweed) in the order Fucales. Numerous species are distributed throughout the temperate and tropical oceans of the world, where they generally inhabit shallow water and coral reefs, and the genus is widely known for its planktonic (free-floating) species. Most species within the class Phaeophyceae are predominantly cold-water organisms that benefit from nutrients upwelling, but the genus "Sargassum" appears to be an exception. Any number of the normally benthic species may take on a planktonic, often pelagic existence after being removed from reefs during rough weather; however, two species ("S. natans"
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