Word: pooled
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Died. James F. Waters, 46, supersalesman, who sold $10,000,000 worth of streamlined cabs in New York City, $70,000,000 worth of automobiles from coast to coast; of drowning; in his swimming pool in Woodside, Calif. Onetime Air Corps instructor, he became Plymouth-De Soto's greatest distributor, air-commuted between his East and West Coast businesses...
Thus, with ship shortages all over the world, biggest unanswered question at week's end was what would happen to foreign trade, if any large part of the President's 2,000,000-ton pool is taken from the overseas fleet...
What happens to prices when the President's 2,000,000-ton shipping pool curtails coastwise and intercoastal shipping, adding costly rail rates to goods which now move cheaply by sea? This problem landed on the desk of OPACS Chief Leon Henderson (see p. 16) last week, and it looked as though busy Leon might have some answers ready...
Prices are not the only problem raised for Henderson by the President's shipping pool. As combination price and supply commissioner, Henderson is the New Deal official closest to the job of finding sufficient transportation for all the freight diverted from canal to roadbed. The New Deal has long regarded rail capacity as a potential bottleneck...
...individual commodity most affected by diversion of coastal and intercoastal shipping will be oil. Out of the U.S. fleet of 361 tankers, 50 will go to the shipping pool (25 at once, 25 later). This means the diversion of about 200,000 barrels a day (enough to fill 1,000 tank cars) to the railways. Shipping costs are 1.25 mills per ton mile by tanker, 3.2 mills by pipeline, 8.3 mills by rail. Pipelines cannot move all types of petroleum products, could not carry all the extra load anyway. Oilmen began worrying at once about moving next winter...