Word: greyhound
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From his Chicago office, strapping President Carl Eric Wickman announced that Greyhound Corp., with net profits of $4,673,465, had earned $7.55 a common share after paying preferred dividends. The dividend on one Greyhound common share was thus $5.30 more than Carl Wickman made in his first bus operation...
...really knew last week what the effect of the new rates will be. In general, the railroads welcomed the reduction. Only the New York, New Haven & Hartford, Pennsylvania and New York Central actively opposed it. Greyhound Corp. stock dropped six points. Almost everywhere present bus rates will still be lower than the new rail rates...
...only one who saw it happen, and there was nothing he could do. To let a tug through one morning last week he had just opened the drawbridge over the muddy Appomattox River a mile from Hopewell, Va. when he heard a tearing crash. Twisting, he saw a big Greyhound bus southbound from Richmond skid through the safety gate, plunge with its screaming passengers off the open bridge. Nothing came up from the 24-foot depth but some oil, bubbling and streaking the surface of the yellow river...
...Illinois State Fair at Springfield, Greyhound broke the world's record for 3-year-old geldings by trotting a mile in 2 min. flat (TIME, Aug. 23). Carnivals grossed $50,000 for an all-time record. Attendance was up to 810,000 which was 175,000 more than last year...
Driver Septus Palin, spry, brown, bandy-legged, 57, began training horses at 25 near Crawfordsville, Ind. where he grew up, now has an interest in an Indianapolis stable. He has been trainer and driver for Owner Baker, whose Greyhound was preceded by Pacers Winnipeg (1:57 1/4), Star Etawah (1 :59 1/4) and His Majesty (1 :59 1/4), for the past ten years. His silks are green & white. He wears glasses, smokes cigars, talks in monosyllables. After last week's race, Greyhound was led back to his stall, unharnessed, and fed by his stable boy a cigaret which...