Word: gulf
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Dates: during 1950-1959
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...nobody really bothered hustling for it. As late as World War I, the U.S. had to import more than one-third of its supply. But since the early '30s, the U.S. has provided an increasing stream of pure sulphur, or "brimstone," from the rich salt domes of the Gulf coast...
...supply. While it lasted, no one could match U.S. brimstone in price or purity. Sulphur from pyrites deposits was largely ignored, since brimstone is cheaper and easier to use. But as demand for sulphur rose to more than 150% of the peak war years, the rich Gulf coast brimstone deposits began to run out. Reserves above ground shrank from an 18 months' supply to a scant six months...
...They were plagued by cholera. But finally, on Jan. 8, 1855, the first through passenger train from Cairo reached Chicago, its coaches lit by dim whale-oil lamps. Along its right of way, flourishing villages sprang up. Soon the Central linked up with Mississippi steamboats, opened trade to the Gulf...
After the Civil War, the road absorbed ex-Confederate railways in the Mississippi Valley and for the first time stretched its tracks all the way from the Great Lakes to the Gulf...
...Next day Atchison, Topeka & Santa Fe Railway proposed a similar split, and its common soared 5½ to 165. All told, there were a dozen stock splits or stock dividends proposed or approved last week. Only a week before, three big oil companies-Phillips, Gulf and Texas-had split their shares 2 for 1, adding a whopping total of 31,184,000 shares to the Big Board's trading list. And last week Standard Oil of California stockholders approved a 2-for-1 split...