Word: rails
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Dates: during 1930-1939
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...roads, the State has assessed them a straight 100% on the assumed "real value of their property" (instead of the 30% to 60% base for other real estate). In 1937 the tax assessed was $9,902 per mile of line. It gave New Jersey the U. S. rail-taxing championship: nearly seven times as high as the U. S. average, 2½ times that of the next highest State (Rhode Island). It amounted for Jersey Central to the equivalent of $682 per employe...
Cabin Boy Paul Johnson, who had just emerged from the "glory hole," was swept overboard clutching a shipmate's spectacles. Steward Schwerdtfeger grasped Mrs. William Buckler by one foot just as she was going over the rail. In the ship's hospital Dr. Thomas Fister was sent spinning with bottles, instruments, in water up to his knees, staggered back to aid the engine-room storekeeper, whose appendix he had just removed. Paul van Zeeland, former Premier of Belgium, in his cabin with his wife and four children, was knocked unconscious. A kettle of boiling water and grease engulfed...
Chinese strategy was superb. As they fell back toward Changsha, leading the Japanese to believe that they were still following the same old no-frontal-attack theories, the Chinese destroyed every rail line, every road. The Japanese blithely advanced over this torn-up area until they were in the worst military position known to man: on a thin front without communications behind. That was when the Chinese struck. The Japanese had nothing...
...other sellers of its rival raw material, scrap, who have put the price up to $26 a ton (Aug. 31 price: $15.25). At $26, sheet mills are buying bundles of scrapped sheets which they must re-roll to strict specifications to sell for only $7 to $8 more. Rail mills are buying scrap to go into rail selling for only $14 more. Small steel companies, buying nearly all their scrap have already passed $5 of this scrap advance on to their customers, are unable to get enough raw material to fill orders even at this advanced price. Scrap...
...behind the inventory boom: buying pipe-line companies which haven't yet reflected profits from increased oil production; buying chemical stocks like Union Carbide, Air Reduction and Allied Chemical in order to cash in on the inventory boom in the steel and textile industries these companies supply; buying rail equipment companies like Pressed Steel Car, American Car & Foundry, Colorado Fuel and Iron which seem sure to get the profit booming carloadings should be bringing the unprepared U. S. railroads...