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...rates and other changes before the public, but the move was nonetheless a good indication of the unhealthy state of the two roads involved. Many other U.S. railroads are doing well financially (see box), but they are not afflicted with the peculiar problems of the Central and Pennsy: short-haul runs that require numerous stations and facilities and heavy and unprofitable commuter loads in populous big-city areas...

Author: /time Magazine | Title: RAILROADS: Wedding Bells | 11/11/1957 | See Source »

...Rock Island railroad removed the nation's first operative lightweight train, the Talgo-type Jet Rocket, from the 161-mile Chicago-Peoria run, put it to carrying commuters on the short haul between Joliet and Chicago...

Author: /time Magazine | Title: Business: Too Lightweight | 11/11/1957 | See Source »

...massive move had been left to chance. The date had been picked in consultation with a meteorological firm which assured the paper that the Windy City would remain calm for the operation. In case of traffic tie-ups at the drawbridges, two big speedboats were standing by to haul light equipment across the river. The move went as smoothly as an enchainement in a Royal Ballet Swan Lake. By the time all 44 Linotypes (cost: up to $20,000 each) had been uprooted and replanted, the Sun-Times was able to boast that the titanic transfer had not delayed...

Author: /time Magazine | Title: The Press: To the Mat! | 11/4/1957 | See Source »

...started out as a farm carryall, then became a tricked-up luxury for the country-club set. But today, by wedding the sedan to the wagon, Detroit's stylists have given it a new function; they have turned out a handsome auto that can be used either to haul tomatoes to market or top hats to the opera. As a result, in ten years station wagons jumped from 2% to 13% of the total market (and 20% of Ford's), and are still climbing. To Ford's George Walker, there is a double lesson in these statistics...

Author: /time Magazine | Title: AUTOS: The Cellini of Chrome | 11/4/1957 | See Source »

...able to sell pounds for dollars and recoup some of its losses. Yet no one knew better than Chancellor of the Exchequer Peter Thorneycroft that the fight to maintain Britain's currency will not be won overnight. Said he: "We recognize that this is a long, stiff haul. Our policy is to halt the increase in the supply of money. In years ahead, it will be harder to earn profits under this policy. It will be harder to get wage increases-they will need to be earned. But the profits and wages will be paid in honest pounds...

Author: /time Magazine | Title: BUSINESS ABROAD: Comeback of the Pound | 10/21/1957 | See Source »

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