Word: chunk
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...Louis last week, the Missouri Pacific Railroad moved a step closer to reorganization and Bob Young a step closer to owning a sizable chunk of MoPac's new common stock. Since MoPac went bankrupt in 1933, its common, 49% held by Young's Alleghany Corp., has usually been considered worthless. Four times the Interstate Commerce Commission tried to reorganize MoPac, but because each plan included bond or preferred stockholders and excluded common shares, Young blocked the moves in the courts. Finally, Young and MoPac's trustee compromised, agreed Young would have 10% (biggest single block...
...site for a large-scale U.S. geophysical expedition in 1957-58. Off Little America, the Atka made an unwelcome discovery: the Bay of Whales, which had served as a harbor for Rear Admiral Richard E. Byrd's expeditions in 1928, 1933, 1939 and 1946, had disappeared. An enormous chunk of shelf ice on which Byrd and Co. set up camp had broken off and drifted away...
...York City Mayor Robert Wagner hold two of the nation's most important political offices-and both are immensely beholden to De Sapio. Moreover, De Sapio's probable control of the largest bloc of delegate votes at the Democratic National Convention in 1956 gives him a rich chunk of political capital that he can be expected to invest shrewdly...
POWER-POLICY CHANGE by the Administration will be reflected in the new budget now being prepared. For the first time it will ask for a sizable chunk of money to finance new water projects. Among them: an irrigation plan for the upper Colorado River, and the Frying Pan-Arkansas project to bring water by tunnel from the Colorado River under the continental divide...
...costs could be paid back." If India and Pakistan, for example, put up counterpart funds to match the $170 million of U.S. aid allocated to them in the past three years, "there might be built six . . . atomic-power plants of 600,000 kw. capacity," enough to add a big chunk to India's electric power production...