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His Pennsylvania Railroad was in his day the largest railroad in the world, with 6,000 miles of track, and was famous for steady financial dividends, high quality construction, constantly improving equipment, technological advances (such as replacing wood fuel with coal), and innovation in management techniques for a large complex organization ...
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MONOPOLY: Pacific Avenue $300: Tennessee Avenue $180: North Carolina Avenue $300: Community Chest: Community Chest: St. James Place $180: Pennsylvania Avenue $320: Pennsylvania Railroad $200: Short Line $200: Virginia Avenue $160: Chance: States Avenue $140: Park Place $350: Electric Company $150: Luxury Tax (pay $100) St. Charles Place $140 ...
The Reading Company (/ ˈ r ɛ d ɪ ŋ / RED-ing) was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
The B&O also wanted access to Pittsburgh and coal fields in western Pennsylvania and Ohio. Although the directors of the Pennsylvania Railroad wanted a monopoly in their state, delays in laying track to Pittsburgh led the Pennsylvania legislature in 1846 to require construction to be completed within 10 years, else competition would be allowed.
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By the mid-1930s, Penn held a virtual monopoly on the stevedoring of all the perishable food shipped to the City of New York via the Pennsylvania Railroad. For almost thirty years McCormack was known as "Big Bill McCormack," or simply as the mysterious "Mr. Big" of the New York waterfront. [1]
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