Word: atchison
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...overhead clearances. After much study a route was worked out with the tightest squeeze a three-inch bridge clearance at Buffalo. The big disk goes by New York Central to Cleveland; by Cleveland, Cincinnati, Chicago & St. Louis to St. Louis; by Chicago, Burlington & Quincy to Kansas City; by Atchison, Topeka & Santa Fe to Pasadena, Calif. There in Caltech's laboratories, where a huge grinding machine has been set up, it will spend some three years acquiring the ideal paraboloid curve in its face. Some time before 1940 it will be installed in its telescope on Palomar Mountain in Southern...
...expansion, they lived on a scale comparable to that of wealthy Southern planters before the Civil War. The first Don Miguel Antonio Otero was born in New Mexico while it was still a Mexican province, declined Lincoln's appointment as Minister to Spain, was instrumental in bringing the Atchison, Topeka & Santa Fe Railroad into New Mexico and served on its early board of directors. Last week his 75-year-old son, onetime (1897-1906) Governor of New Mexico, gave further proof of Otero vitality when he offered, in the first volume of his reminiscences, a book that is often...
...sudden interest in slumbering railroad stocks, particularly those of the transcontinentals. Great Northern blossomed out as the week's second most active stock on the New York Stock Exchange, rising on reports of bumper Northwestern crops to $19.75, up $3.50. Northern Pacific jumped $2.50 to $19.75. Atchison at $47 and Union Pacific at $105.50 were both...
Currently serving on an independent protective committee in connection with bankrupt Missouri Pacific (mileage: 12.183), Mr. Beard blames the bankers as the carriers' real managers. But bankers or no, financial ineptness is almost a railroad tradition. With a few notable exceptions like Burlington, Union Pacific, Atchison, Topeka & Santa Fe, Chesapeake & Ohio and Norfolk & Western, U. S. railroads have habitually increased their fixed charges when they should have reduced them; they have sold bonds when more prudent corporations were selling stock; they have paid dividends when they should have been paying off debts; they have sunk millions in improvements that...
...whole the U. S. railroads failed to earn their fixed charges last year by $35,000,000. No less than 30 failed to earn their out-of-pocket operating expenses. Of course, many a road like Pennsylvania, Union Pacific, Atchison, Chesapeake & Ohio, Virginian and Bangor & Aroostook earned not only fixed charges but dividends besides, but the great majority were deep in the red. A wage increase of 5% will take effect in April, topping two preceding raises of 2½% since last July. Traffic is not expanding. And while Jesse Jones might assure the carriers, as he did last week...