Word: railroads
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Dates: during 1960-1969
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...page. On the pavement three dark figures from an ominous Other World spin a tiny street caper. Cut away and up through telephone wires to a rolling grey sky. Then abruptly to a bloodless flower child running running running along Graduate-white walls, down the empty spaces of a railroad yard, into some urban junkland moor, all this under a categorically blue sky and the electronic fallout of Streetchoir music tortured backwards through a tape-recorder. A conversation is heard. The flower child finds a blackjacket friend reading Bronze Beauties Revue on the front seat of a broken-down auto...
...Railroad, bus and steamship rates probably will be reduced by varying amounts. U.S. passenger railroads, which already offer 15% reductions to foreigners, plan to increase that to 25% on April 29. The nation's intercity bus companies expect to introduce a 10% discount on long-distance charter-coach rates for foreign groups. As for steamship fares, reductions are due to be considered this month by 15 lines...
...tawdry section of the city and an easy one to miss. It's stuck in a little corner between the Boston & Maine Railroad's potato shed and the Hoosac piers. The Hon. Frank E. Mullen Express-way, a big green steel structure, zooms over part of the neighborhood, the Everett-Forest Hills Elevated zooms over another part. Every two or three minutes an MBTA train passes overhead and the whole neighborhood rattles and shakes. In the middle of the neighborhood is a dirty, unkempt, little, asphalt-paved park dedicated to the memory of a Congregational minister who settled there...
Delivering a final report on the New York Central, Alfred E. Perlman, now president and administrative head of the Penn Central, announced that railroad operating earnings in 1967 plunged from $43,554,927 to $1,233,610-a full 97%. Even with subsidiary endeavors counted, the Central's profits went from $60,215,400 to $10,996,000-an 81.7% dropoff...
Expenses for the combined railroads are not likely to fall quickly. The bill for consolidating track and freight yards will amount to millions. And the Penn Central has also promised a $25 million loan to the New Haven Railroad to bail out its money-losing passenger services until the merged roads include the New Haven in their system. But eventual savings from joint operations may reach $100 million a year. And additional revenue sources are being tapped. Last week Perlman announced that a lease agreement had been signed with a British investment group which plans to build an office building...