Word: fallon
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Dates: during 1920-1929
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...Street Baths in Roxbury, the first men to be entered in a swimming meet from Harvard will compete in the events under the auspices of the Park Department of the City of Boston. The three Harvard swimmers are B. S. Wood '33, T. H. Jameson '33, and R. D. Fallon...
...Cohen, Boston Latin School; Gordon Crane, Williston Academy; S. E. Davenport, III, Westminster School; F. M. Dearborn, Choate School; R. H. Denison, Loomis Institute; William Dworetsky, Boston Latin School; L. K. Emerson, Exeter; J. N. Eustis, Loomis Institute; W. C. Everett, Exeter; H. L. Fain, Exeter; R. D. Fallon, Exeter; R. S. Fitzgerald, Springfield High School; Aleck freed, Boston Latin School; I. H. Friedberg, Boston Latin School; E. W. Fuller, Jr., Boston Latin School; Oliver Garceau, Newton Country Day School; Henry Gesmer, Thayer Academy...
Stocks. Rail stocks which started up the O'Fallon decision (TIME, May 27). remained strong. Yet not many were selling at 15 times earnings. The following table shows last week's closing on ten rails and the figure those rails would have closed at had they reached the 15 times earnings mark...
...travelers and shippers breathed easier last week when President Hoover declared: "I am confident that there will be no increase in railway rates as the result of the O'Fallon decision...
...Fallon case was loosely called "the greatest law suit in history" because: rail rates are fixed by the I. C. C. to allow the carriers a profit. The amount of profit depends on valuation. For 15 years the I.C. C. has been tentatively valuing U. S. rail properties. I. C. C. valuations have generally been on the principle of original costs, plus improvements, less depreciation. The carriers have contended for valuations on the basis of reproduction at present price levels ("current reproduction value"), less depreciation. In 1920 the I. C. C. valued U. S. railroads at approximately 19 billion dollars...