Word: york
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Dates: during 1950-1959
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...Today, still riding the crest of a tremendous postwar telephone boom, A. T. & T. is a vast, sprawling creature of wondrous efficiency. Since war's end, it has hiked its take on each U.S. phone from $5.25 to $8-while managing to cut long-distance rates between New York and Los Angeles from $4 to $2.50, and on shorter calls in proportion. Much of that money has gone into $19 billion for plant investment and new equipment, on which A. T. & T. now stands to cash in with dramatic earnings gains...
With energy, enterprise, and a knack for learning fast, Kappel conquered 14 jobs to reach the rank of vice president of Northwestern Bell in 1942. Then came a call to New York, where his mettle was tested in a variety of jobs in operating and engineering. He did so well that in 1954 he got the second biggest job in the Bell System: president of Western Electric. In 1956, to no one's surprise, he was tapped for A. T. & T.'s top job to succeed Cleo Craig...
...York Stock Exchange suspended trading in Jacobs stock for failure to file financial statements. Last week SEC suspended over-the-counter trading in Jacobs and Bon Ami. When space was booked in Guterma's name on a plane to Ankara, SEC quickly obtained a warrant for his arrest, said that losses to investors would reach many millions. Picked up with him was a longtime financial associate, Robert J. Eveleigh, who was found in a Manhattan call girls' apartment fortnight ago when police raided...
...bettered the New York Times's description of James Fisk Jr.: "First in war, first in peace and first in the pockets of his countrymen." Financier Fisk sacrificed the flower of his youth to selling mildewed blankets to the Union Army and smuggling Confederate cotton into the mills of his native Vermont. When peace came, he was rich enough to buy a directorship in the Erie Railroad-and so accelerated the decay of that calamitous line that Erie passengers felt safer "going over Niagara in a barrel." Fisk was a mere 36 when he died; yet, as a swindler...
...Opera House on Manhattan's Eighth Avenue for the company's head offices; there business mixed with pleasure in the form of such Fiskal attractions as "THE DEMON CAN-CAN . . . 100 BEAUTIFUL YOUNG LADIES . . . Contains Nothing Objectionable." Finally Fisk was probably the only colonel (of New York's 9th National Guard Regiment) and admiral (of his own steamboats) to wear diamond-studded uniforms and command the rare title of "Mr. Director-Admiral-Colonel...