Word: railroader
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Dates: during 1950-1959
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With Tryfus' patrol, I rode off in an armored halftrack, preceded by a jeep. The jeep's probing searchlight scanned the countryside. "Keep your heads down," said Tryfus as we approached a railroad bridge. Twice in the past year it had been mined. We waited for a train to pass, climbed aboard a gasoline-driven "handcar" and rolled down the track to inspect the railroad line. Suddenly, in the darkness, a pink flare leaped. We stopped and found a land mine, planted on the rails after the last train passed just a few minutes before...
Last week in New Zealand, an M-K crew broke through the last rock barrier 14 months ahead of schedule to finish a great, 5½-mile railroad tunnel in the rugged Rimutaka Mountains. By M-K standards, it was a small-scale operation, costing only about $7,000,000. But on the record, it was one of the world's longest railroad tunnels and one of the greatest construction feats in New Zealand history...
Across the Pacific. Through the '30s, M-K worked on big dams: Bonneville (on the Washington-Oregon line), Imperial. Grand Coulee (Washington), a total construction effort of more than $300 million. M-K built the San Francisco side of the 4,620-ft. Bay Bridge, upped its railroad work to a steady $10 million a year. Despite the Depression, M-K showed a profit in every year except...
While stocks as a whole were increasing in relative importance, the type purchased was also changing. In the 1830's, two-thirds of them were bank stocks--the rest in bridges and canals. Then two decades later, textile and railroad stocks began to outnumber and out-value the bank securities, and the bridges and canals were becoming obsolete...
...June 30, 1953--the date of the last report to the Overseers, the University's largest common stock holding at market value was $7,037,000 in Standard Oil Co. (N. J.). At that time, the school owned between two and four million dollars worth of Seaboard Airline Railroad, B. F. Goodrich, Christian Securities, General Electric, North American Co., International Paper, Hartford Fire Insurance, and General Motors...