Word: railroads
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Dates: during 1940-1949
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...Window" experiments were conducted secretly out at sea, but trials of electronic jamming were harder to conceal. Once the researchers tied up the whole Boston police communication system for half an hour by accidentally jamming the patrol cars' short-wave radios. On another occasion, the New Haven Railroad electrified lines were stopped in their tracks by a form of Window called "Rope"--rolls of aluminium tape, which fell from planes and draped themselves across high-tension wires, short-circuiting them
Radios on Rails. Two-way radio communication between railroad trains was approved by the Federal Communications Commission, may be installed in all U.S. trains by Jan. 1. Thus trains will be in constant touch with dispatchers and with one another, should be able to prevent collisions by prompt reporting of obstructions or accidents...
...none to spare. Nor did the policy make sense to U.S. businessmen. For every dollar FLC drained off there would be one less dollar for foreign buyers to spend for U.S. exports. Thus the only sales'of any size to foreign governments have been $8 million of railroad equipment to the oil-rich Iranian Government, and 48,000 bales of cotton sold to Belgium for $5.4 million...
Nevertheless, the market was on solider ground, dividendwise, than it had been in 1937. Example: railroad stocks now pay dividends of 5.44% compared to only...
...railroads, whose profits have been slipping downward for three years, were hard hit. (They report monthly instead of by quarters.) Typical was Pennsylvania Railroad, with net operating income down to $7,000,000 in September v. $9,555,769 the same month last year. Down too were Chesapeake & Ohio, and Illinois Central, along with virtually all of the rest...