Word: railing
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Dates: during 1940-1949
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...Suitor. Rail Juggler Robert R. Young was determined to get the girl, even if he had to take up with her prosperous friends too. The Interstate Commerce Commission had turned down the trial marriage of his Chesapeake & Ohio with the New York Central, partly because it would take business away from the Virginian Railway Co. (TIME, May 24). So Suitor Young made a new proposal: he would buy into or merge with the Virginian too, and merge it with the Central and C. & O. Said the thriving, coal-hauling Virginian: Not feasible. ICC said nothing...
...train comes roaring round the bend, a figure (a bird? a plane?) hurtles through the air. He races the locomotive to the broken rail. Suddenly the screen goes black. Will Superman (who looks slightly flabby in the flesh) reach the broken-rail in time to prevent the wreck? Will he weld the rail with the glare of his X-ray eyes? Or will he straight-arm the train to a stop? Find out next Saturday in the next thrilling chapter of Superman...
...after lunch on Friday last week, Wall Streeters were seized with joy. Traders in the New York Stock Exchange cheered, jumped up & down, and thumped each other. Reason for excitement: the Dow-Jones industrial average had broken through its previous high mark of 187.66 -made in 1947-as the rail average had done 19 weeks before (TIME, April 19). Under the famed Dow theory, which many traders swear by, that meant only one thing: a bull market...
...Rail Juggler Robert R. Young, whose fond, bright dream was to control the New York Central, got a rude awakening last week. In a ruling as abrupt as the jangling of a fire bell, the Interstate Commerce Commission flatly refused to let Young and Chesapeake & Ohio President Robert J. Bowman 1) sit on Central's board, or 2) vote C. & O.'s 400,000 shares in Central which would give Young working control...
...months past, Dumaine & friends had quietly spent an estimated $5,000,000 buying up the voting preferred stock which controls the long-bankrupt New York, New Haven & Hartford Rail Road Co., recently reorganized. When the management of the New Haven finally began to suspect what was happening, it was too late. Last week Dumaine told them the score: his group controlled more than half the New Haven's 391,000 active shares of preferred. An additional 62,090 shares are held in trust and there is question whether they can be voted. Thus, Dumaine thought he had enough...