
U101-E Flowmeter
Materials:
Body: Aluminum (Spray-Painted)
seals: Buna-N
Technical Specifications:
Discharge rate of each revolution:037L
Flow rate range:20L~220L/min
Accuracy:±0.3%
Repeat error:�.15%
Environmental condition:-40~~+70degree
Package:
Product ID Net Weight Cross Weight Dimension
U101-D 8kg/case of 1 9kg/case of 1 28Ă—25Ă— 18cm/case of 1
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from businesses other than credit cards.
Second, North Fork gives Capital One a source of cheap, stable funds it has $37 billion in deposits. Hitherto,
Capital One has funded its credit-card loans through securitisation—pooling, packaging and selling batches of
credit-card loans to investors. This works well as long as capital markets are liquid, but not when the credit tap is
turned off, as happened in 1998 after Russia s sovereign-debt default. The deposits put Capital One on a similar
footing to rivals such as MBNA, Providian Financial and Metris Companies, which sold themselves to big banks and
thus already enjoy cheap sources of funds.
The hope is that the marriage will generate huge revenue growth. “Individually these companies are somewhat
lopsided,�says Michael Poulos, of Mercer Oliver Wyman, a consultancy, pointing to North Fork s excess deposits
(ie, liabilities) and Capital One s excess assets (ie, loans). “The combined company will be able to grow faster, and
at better margins, than either could have alone.�
Whether the merger s potential is realised depends largely on how neatly the two companies can be stitched
together. James Callahan of Morningstar, a research firm, notes that it is too early to reach a verdict on Capital
One s integration of Hibernia. The deal cl fuel dispenser osed only in November and the havoc created by last autumn s hurricanes
in Hibernia s home patch has not helped. On the plus side, John Kanas, North Fork s chairman and chief executive,
brings with him experience of 14 acquisitions over the fuel dispenser past two decades.
And the marriage needs to work well enough to justify the price. Capital One is paying 23% more than North Fork s
share price on March 10th. That may seem generous, given that lately North Fork, like other regional banks, has
been having a harder time of it. The yield curve—the difference between long- and short-term interest rates—has
narrowed as the Federal Reserve has raised official short-term rates. As a result, one source of profit, ta fuel dispenser