Word: unloads
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Dates: during 1940-1949
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Traffic in Pacific Coast ports is still 40% above November's. New Orleans' traffic is up 30%; it is getting many a Caribbean ship that used to unload on the East Coast before the U-boats came. The switch saves many days at sea, but means many days more work for the loaded railroads...
...eyes of their opposite numbers from the U.S. One army flight of three jumped 20 Jap planes, knocked out three, chased the rest, picked up a straggler on the way home and sent him down in flames. A bombing flight lumbered serenely through heavy ack-ack fire to unload on warships, then kicked off altitude and strafed a landing party on the beach...
...vessels, marshal them into convoys, hold the fast ones down to the pace of the slow, expose them to damage, load and unload them in bombed ports, reroute them may reduce the efficiency of an already inadequate merchant marine by 50%. Most shipping between the U.S. and Malaya, for example, will now go around the Cape of Good Hope. That route is 4,360 miles farther from New York than the route across the Pacific from San Francisco...
...heaviest traffic may get to Russia by way of Iraq, Iran and the Caspian Sea. It was reported from Ankara last week that more than 70 ships are plying between the U.S. and the Middle East with materials for joint British-Russian defense, that they have begun to unload at the rate of a ship...
...deplored the fact that his company (along with two others) had outbid the bankers on a $90,000,000 A.T. & T. issue (TIME, Oct. 6). "The trend toward concentrated investment holdings is of doubtful economic and social good," said he. Another reason: if the insurance companies ever have to unload, it will be nice to have some solvent investment bankers around to help the distribution...