Word: greyhound
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With an average of five and one-half hours to New Haven, the Greyhound Bus Company claimed it had "plenty of seats" on its 18 trips...
...French-born engineer who parlayed a stake of 20? into a $3,000,000-a-year business in industrial designing. As one of the top U.S. industrial designers, Loewy's list of clients has grown to impressive lengths, including the Pennsylvania Railroad, Armour. Frigidaire, International Harvester, Lockheed, Greyhound, and 87 other big corporations. With a staff numbering less than 250, he has boldly taken on all comers. He designed the Studebaker car, the Lucky Strike package, refrigerators, stoves, radios, lipstick tubes, locomotives, ships, department stores, pens, and thousands of other items. (Almost the only item he refuses to work...
...peak of the vacation season, Greyhound, which intends to replace one-third of its fleet, will have hundreds of the new buses on its main lines. To help keep them filled, it has laid out some 200 low-cost tours around the U.S. Example: a six-day tour from Chicago to Washington provides five nights in hotels, sightseeing trips to public buildings in the capital, Washington Monument, Mount Vernon, etc. Total cost (excluding meals...
...Wickman bought a small line operating out of Superior, Wis., owned by a young man named Orville Swan Caesar. The line was unimportant, but Caesar, a onetime mechanic's helper who liked to tinker, was not. Within a year he and Wickman were running Greyhound together and had laid the foundations of the present Greyhound Corporation. They kept on buying up other lines out of profits, kept their former owners to run them. When their cash dwindled, a Minneapolis banker, Glenn Wood Traer, joined forces with them. He persuaded railroads to hedge their own futures by investing...
...carrying passengers cheaply (1½ ? a mile) and as safely as railroads, Greyhound has grown into a holding company which controls 19 transportation systems under the Greyhound emblem-Atlantic Greyhound, Pennsylvania Greyhound (50% owned by Pennsylvania Railroad), Pacific Greyhound, etc. The systems have over 78,000 miles of routes, six times greater than the mileage of any single U.S. railroad, do some 40% of U.S. intercity bus business. Last year the company grossed $174 million, earned a net of nearly $20 million, and paid handsome stock dividends of $3.20 a share...