Word: seaboarders
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...McCarthy used his $10,000 Lustron fee to buy stock in the Seaboard Air Line Railroad, which owed more than $15 million to RFC. When he bought the stock, it hadn't paid a dividend for many years. The stock went up and Joe sold 1,000 shares last September at a profit of $35,614.75. Asked the subcommittee: "Was there any relationship between Senator McCarthy's position as a member of the Senate Banking and Currency Committee and his receipt of confidential information relating to the stock of the Seaboard Air Line Railroad...
...nowhere near their ceilings. Coffee, for example has sold consistently several cents below the government's limit. With other products, moreover, the price has been set so artificially low as to create shortages. DiSalle's decision last year on the price of fuel oil for homes on the Eastern seaboard is a case in point. The Gulf Company's refusal to sell at a loss produced a dearth of oil which was alleviated only when the Petroleum Administration for Defense (which is independent of the OPS) persuaded eleven large companies to enter a voluntary agreement to sell oil below cost...
...attract top students from every area in the nation, it was introduced in 1929. Eight regions were then designated for purposes of awarding these grants: Western; Rocky Mountain; North Central--consisting of the Mid-Western states west of the Mississippi; Great Lakes; South Central; South Eastern--including the southern seaboard states; North Eastern--made up of Pennsylvania, New York, and Southern New England; and Northern New England. Yale awards at least one of these scholarships to each district annually; most often, 25 or so are given. Donald K. Walker, Chairman of the Committee on Enrollments and Scholarships said, "Harvard came...
...Crown and two other big stockholders refused to sell, so Young offered to sell his holdings. But if Crown & Co. wanted the profitable Rock Island, they would also have to take Young's holdings in the Seaboard Air Line Railroad which was not doing too well. To save the deal, Crown took the Seaboard stock himself. Again he cashed in. Seaboard stock began to soar, and Crown more than doubled the $600,000 he paid for it. In addition, the $4,000,000 he put into Rock Island bonds has nearly tripled...
...stubby 45-foot ketch, the Miru, Davis, his wife, two sons, and two crewmen sailed 10,000 miles from Wellington, New Zealand, to Peru, through the Panama Canal, and along the eastern seaboard to Boston...