Word: alle
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Dates: during 1950-1959
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It was all of that. Through its stock holdings, Alleghany has 17% working control of the New York Central Railroad, plus 50% ownership of the Missouri Pacific Railroad. The Central also owns more than $500 million in Manhattan real estate, including the Park Lane, Commodore, Biltmore and Barclay hotels, plus...
Under the rules only hardtop sedans and coupes with engines no bigger than 3,500 cc. could enter, and all V-8s were excluded. Lined up at the start in ten classes were cars from the U.S., Britain, France. Germany and Sweden. The entries that held all eyes were the...
Buttons & Pearls. Pearlers have long known about Australia's big shells. Before World War II, Japanese divers worked the beds, and the export of pearl shells reached $1,000,000 annually. The war wrecked the industry. Though the Australian government tried promoting the shells, the diving is dangerous (five...
IN a shack in the railroad yards at Antigo, Wis. last week sat four railroadmen: a fireman, a conductor, a brakeman and a flagman. All together, they collect pay totaling $110 a day, not counting fringe benefits. Their job: doing nothing. Earlier this year, the Chicago & North Western Railroad decided...
Such practices make railroads the most egregiously featherbedded industry in the U.S. Not all examples are so flagrant, but the railroads declare that featherbedding costs them $500 million a year. Now, in the middle of negotiating new contracts, the roads have served notice that they intend to replace the feathers...