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...large map of Indiana a sharp eye can pick out Santa Claus (pop.: 100) in the northern end of Spencer County about 3 mi. east-by-south of the Nancy Hanks Lincoln Memorial and the same distance north of the Southern Ry. tracks. Santa Claus consists of one rough street, a few frame houses and a general store in the back room of which is a post office. The hamlet's time of fame is Christmas, when to it comes all the childish mail addressed to Santa Claus. Also several thousand persons ship its postmaster their Christmas cards...

Author: /time Magazine | Title: STATES & CITIES: Santa Claus | 1/4/1932 | See Source »

...getting control of Atlantic last year through a holding company Mr. Fitkin promptly placed it in receivership. Atlantic has $60,000,000 in assets, more than half of which will be sold to Insull. The remaining assets are in water and ice properties and the 160-mi. Cleveland Southwestern Ry. What Mr. Insull buys from Mr. Fitkin is the electric and water service of 200 communities in 13 states, most of which are along the Atlantic seaboard. Although his new acquisitions add less than 100,000 customers to the several million he already has, the deal gives Mr. Insull...

Author: /time Magazine | Title: Business & Finance: Fitkin Sells Again | 6/15/1931 | See Source »

...livestock. During the past seven years 14,000 Northwestern farmers have borrowed $7,000,000 from it. Its chairman is Clive Talbot Jaffray, who is also head of First Bank Stock Corp. In addition to banking, Mr. Jaffray is president of Minneapolis, St. Paul & Sault Ste. Marie ("Soo") Ry., subsidiary of the C. P. R. When he attends First Bank Stock Corp. directors' meetings he is joined by five other presidents of Northwestern railroads; Ralph Budd of Great Northern, Charles Donnelly of Northern Pacific, Fred Wesley Sargent of Chicago & Northwestern, Henry Alexander Scandrrett of the Chicago, Milwaukee, St. Paul...

Author: /time Magazine | Title: Business: Deals & Developments | 6/1/1931 | See Source »

...they are understated if anything. Its main Montreal-Vancouver line runs 2,893.6 miles, but the 2,044 C. P. R. locomotives pull freight and passengers over 22,438 miles of track, including the 4,379 miles of the controlled Minneapolis. St. Paul & Sault Ste. Marie Ry. ("Soo" Line). Much of its equipment is made in its 200 acre Angus Shops at Montreal...

Author: /time Magazine | Title: Business & Finance: C. P. R. | 5/18/1931 | See Source »

...black bushy eyebrows. In 1881, with a common school education and a course in accounting, he went to work in the general offices of Lake Shore & Michigan Southern Rr. (later New York Central). At the age of 24 he was made general agent for Toledo, St. Louis & Kansas City Ry. Ten years later he started his utility career by building the Fort Worth-Dallas interurban line, first in Texas. He has an interest in many utility companies now and one of his most important positions is the presidency of Frontier Corp., the dupont-Aluminum Co. power project...

Author: /time Magazine | Title: Business: Trans-Continental | 5/11/1931 | See Source »

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