Word: traction
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...spite of the New Deal, in spite of the all-powerful political boss who is their mayor, Chicago's traction system will still be visited on the children of Chicagoans, even to the second and third generations. That was the news that depressed Chicagoans last week...
Before the war, Timken-Detroit, the only U.S. company making high-traction gears for all-wheel-drive trucks, had three machines, each turning out twelve pinions an hour - enough for one six-wheeler. As military trucking increased, Timken-Detroit engineers could foresee the bottle neck. They decided to try the impossible - to forge gears to the unheard-of tolerance (for forging...
...Wall Street underwriters Hemphill, Noyes & Co. last week put across the biggest special offering yet: 65,527 shares of International Paper common worth $508,000. Formerly held by American Light & Traction Co., the sale lasted only 26 minutes, took the stock from one owner and put it in the hands of more than 422 small investors who bought from 15 to 500 shares apiece...
Spring fever was high in Federal Light & Traction Co.'s annual meeting, held last week on the 45th floor of a Manhattan skyscraper. Sunlight tumbled through the windows. Eight spring-struck shareholders (of Federal's 1,900) lolled in their chairs, babbled of brook trout and pheasant. One shareholder stirred, asked President Clarence H. Nichols if there was anything interesting about the company. Droned Mr. Nichols: "No, it's the same old thing, we earn our charges and a little bit more...
...Commodore" Cornelius; of a cerebral hemorrhage; aboard the yacht Ambassadress; in the City Basin at Miami. Reserved, plodding, famed for his Vandyke beard and his yachts,* he was an inventor (30 devices for improving freight cars and locomotives), a soldier (Mexican border and World War I), financier (banks, railroads, traction companies). A graduate of Yale, where he was a slow but steady student, he started tinkering early in the shops of the Vanderbilt-controlled New York Central, made a point of visiting them periodically almost to the end of his life. When he married Grace Wilson, a wealthy cotton merchant...