Word: nickels
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Dates: during 1960-1969
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...major power struggle to merge the nation's Eastern railroads into two massive networks built around the Pennsylvania and the New York Central broke into the open last week. Forcing the fight was the announcement that directors of the Norfolk & Western Railway and the Nickel Plate Railroad had agreed to merge. Since the Pennsylvania Railroad owns about 33% of the Norfolk & Western, railroaders saw the move as a step toward a giant Pennsy network...
Tough Competition. Merger of the Nickel Plate and the Norfolk & Western would give the N. & W. access to the Great Lakes, and create a network stretching from St. Louis, Chicago, Cleveland and Buffalo to the Pocahontas coal region of the Virginias. The merged roads would rank among the nation's top ten, have a 4,964-mile network with assets of $1.4 billion. Under the terms of the merger agreement, one share of Nickel Plate common would be exchanged for .45 of a share of Norfolk & Western. Since the two lines do not now link, the merger is contingent...
Pocket Money. In Vancouver. B.C.. after being nabbed with 883 coins in their pockets. Gilbert Meunie and Yvon Le-Brun failed to convince Magistrate Oscar Orr that they were hunting for a rare 1921 nickel, were convicted of parking-meter robbery...
THREE-WAY MERGER TALKS are going on among New York Central, Baltimore & Ohio, and Chesapeake & Ohio. Union of three would create a 25,000-mile, $4 billion empire, biggest in U.S. It would also be defensive move against merger being discussed between Norfolk & Western and Nickel Plate. N. & W. is one-third owned by Pennsylvania R.R., which is now biggest U.S. railroad...
...Coming up to drive, the women players would chuckle at the kid, then look with dismay toward the drainage ditch that lay 120 yards down the fairway. At that point, Arnie would make a sound business offer: "I'll knock your ball over the ditch for a nickel...