Word: slash
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Dates: during 1940-1949
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...hangar he wheeled Pan American Airways' grandiose postwar plans. Come war's end-and Civil Aeronautics Board approval-Pan Am plans to spend some $52,000,000 to expand its Latin American routes. And Juan Trippe stirred the earth-bound citizenry with news: Pan Am expects to slash flying time from the U.S. to Latin America by approximately two-thirds and will cut fares even below the present steamship rates. Examples: the fare from Manhattan to Rio de Janeiro will be reduced from $491.35 to $175; Manhattan to Buenos Aires from $561.35 to $190.50; Los Angeles to Buenos...
Saturday: YANK BAYONETS SLASH PATH INTO CHERBOURG...
...boom seemed to be based on the fact that U.S. railroads, in general, have sensibly used a large chunk of swollen wartime profits to buy up their bonds and slash their fixed charges. Many are in the best financial shape of their lives. Traditionally, when these bonds move up toward par, stocks eventually follow. Example: Louisville & Nashville 53 (2003), above par at 107, have fluctuated only one and a half points in a year; the road's stock has soared 20 points...
...aluminum industry would be bombed out, has poured $500,000,000 into expanding the nation's aluminum manufacturing facilities. U.S. production has rocketed from 327,000,000 lb. in 1939 to the current rate of 2,100,000,000 lb. yearly. Booming production in Britain and a slash in armed force requirements has rolled up the surplus...
...slash in the rates of the Hope Co. is a warning of how tight that squeeze...