Word: steamer
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Died. Alfred Lester Cornwell, 84, former president (1946-54) and chairman (1951-56) of the F.W. Woolworth Co., who supervised the greatest growth in the firm's history; in Brookfield, Conn. "I have seen the company go from the age of the Stanley Steamer to the jet," said Cornwell on his retirement, and so he had, starting out as a stock boy in 1905 and climbing all the rungs to the top. He started the move into suburbia and expanded into South America, thereby boosting annual sales from $477 million to $700 million by the time he was ready...
...their way 300 miles upstream on the Zambezi River called the spot Kebrabasa - "where the work ends." A huge gorge through which the Zambezi flows in the western panhandle of Mozambique, Kebrabasa has always been a dead end. There, according to legend, Dr. Livingstone turned around his wheezing paddle steamer MaRobert in 1858, musing that mastering the forbidding rocks would open wide the gates that have barred for centuries the interior of Portugal's second largest overseas possession...
Saltonstall & Co. sailed for England on a British steamer "The Olympic." They were greeted with amusement by the natives. "We had brought our own water supply," remembers Saltonstall, "as we heard that it took ten days to get acclimated to the change, and we only planned to stay four...
...British departure is all but complete. The tax-free shops of Aden's Steamer Point, which once swarmed with cruise-ship tourists, are now boarded up and deserted. The Crescent Hotel, hub of colonial life, is virtually empty. Aden harbor, no longer a port of call, was filled last week with the glowering grey warships of the British fleet, including the 43,000-ton aircraft carrier H.M.S. Eagle. All but 3,000 of the 12,000-man garrison have already been evacuated by ship and plane, most to British bases in Bahrain or Masqat and Oman; the rest will...
...stargazer's son, Arnold Peter MØller, founded the firm, and it is named after him. A. P. MØller made the most of his small stake, and in 1904 he was able to buy a secondhand steamer. He parlayed that one vessel into what is now a multimilliondollar empire. A believer in running a tight ship, A. P. MØller was one of Denmark's richest men when he died in 1965 at the age of 88. He passed the helm of the company to his son, Maersk McKinney* MØller...