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Chicago – New York Electric Air Line Railroad
The Chicago – New York Electric Air Line Railroad (CNY) was a proposed high-speed electric air-line railroad between Chicago and New York City. At roughly it would have been over shorter than the two primary steam railroads on that route, the New York Central Railroad and Pennsylvania Railroad. The promoters' vision proved wildly optimistic and, in the end, only a short interurban route in the vicinity of Gary, Indiana was built and operated. It was the most ambitious of several such proposals at the dawn of electric railroading, all of which ended in failure. The trade magazine ''Railway Age'' critiqued the project at the time it was announced in July 1906 and gave this damning judgment: "Speaking seriously, for the moment, about this fraudulent investment scheme one is in doubt whether to wonder most at the gigantic effrontery of the perpetrators, the gullibility of the poor dupes who will flood the mails with their subscriptions, or the carelessness if not cupidity of the n ...
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CNY Map
The renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and one of the world's most traded currencies, ranking as the fifth most traded currency in the world as of April 2022. The yuan ( or ) is the basic unit of the renminbi, but the word is also used to refer to the Chinese currency generally, especially in international contexts. One yuan is divided into 10 jiao (), and the jiao is further subdivided into 10 fen (). The renminbi is issued by the People's Bank of China, the monetary authority of China. Valuation Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against it ...
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Berlin
Berlin is Capital of Germany, the capital and largest city of Germany, both by area and List of cities in Germany by population, by population. Its more than 3.85 million inhabitants make it the European Union's List of cities in the European Union by population within city limits, most populous city, as measured by population within city limits having gained this status after the United Kingdom's, and thus London's, Brexit, departure from the European Union. Simultaneously, the city is one of the states of Germany, and is the List of German states by area, third smallest state in the country in terms of area. Berlin is surrounded by the state of Brandenburg, and Brandenburg's capital Potsdam is nearby. The urban area of Berlin has a population of over 4.5 million and is therefore the most populous urban area in Germany. The Berlin/Brandenburg Metropolitan Region, Berlin-Brandenburg capital region has around 6.2 million inhabitants and is Germany's second-largest metropolitan reg ...
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Pennsylvania Special
The ''Broadway Limited'' was a passenger train operated by the Pennsylvania Railroad (PRR) between New York City and Chicago. It operated from 1912 to 1995. It was the Pennsylvania's premier train, competing directly with the New York Central Railroad's ''20th Century Limited''. The ''Broadway Limited'' continued operating after the formation of Penn Central (PC) in February 1968, one of the few long-distance trains to do so. PC conveyed the train to Amtrak in 1971, who operated it until 1995. The train's name referred not to Broadway in Manhattan, but rather to the "broad way" of PRR's four-track right-of-way along the majority of its route. History Pennsylvania Railroad The ''Pennsylvania Special'' was one of nine express trains the Pennsylvania Railroad (PRR) operated between New York City and Chicago. On November 14, 1912, PRR renamed it the ''Broadway Limited'', to avoid confusion with the similarly-named ''Pennsylvania Limited''. The name, though spelled a ...
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20th Century Limited
The ''20th Century Limited'' was an express passenger train on the New York Central Railroad (NYC) from 1902 to 1967. The train traveled between Grand Central Terminal in New York City and LaSalle Street Station in Chicago, Illinois, along the railroad's "Water Level Route". NYC inaugurated the ''20th Century Limited'' as competition to the Pennsylvania Railroad, aimed at upper-class and business travellers. It made few station stops along the way and used track pans to take water at speed. On June 15, 1938, streamlined train sets designed by Henry Dreyfuss were added to the route. The ''20th Century Limited'' was the flagship train of the New York Central and was advertised as "The Most Famous Train in the World". It was described in '' The New York Times'' as having been " ..known to railroad buffs for 65 years as the world's greatest train", and its style was described as "spectacularly understated". The phrase " red-carpet treatment" is derived from passengers' walk ...
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Third Rail
A third rail, also known as a live rail, electric rail or conductor rail, is a method of providing electric power to a railway locomotive or train, through a semi-continuous rigid conductor placed alongside or between the rails of a railway track. It is used typically in a mass transit or rapid transit system, which has alignments in its own corridors, fully or almost fully segregated from the outside environment. Third rail systems are usually supplied from direct current electricity. Modern tram systems, street-running, avoid the risk of electrocution by the exposed electric rail by implementing a segmented ground-level power supply, where each segment is electrified only while covered by a vehicle which is using its power. The third-rail system of electrification is not related to the third rail used in dual gauge railways. Description Third-rail systems are a means of providing electric traction power to trains using an additional rail (called a "conductor rail") ...
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Grade Crossing
A level crossing is an intersection where a railway line crosses a road, path, or (in rare situations) airport runway, at the same level, as opposed to the railway line crossing over or under using an overpass or tunnel. The term also applies when a light rail line with separate right-of-way or reserved track crosses a road in the same fashion. Other names include railway level crossing, railway crossing (chiefly international), grade crossing or railroad crossing (chiefly American), road through railroad, criss-cross, train crossing, and RXR (abbreviated). There are more than 100,000 level crossings in Europe and more than 200,000 in North America. History The history of level crossings depends on the location, but often early level crossings had a flagman in a nearby booth who would, on the approach of a train, wave a red flag or lantern to stop all traffic and clear the tracks. Gated crossings became commonplace in many areas, as they protected the railw ...
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Grade (slope)
The grade (also called slope, incline, gradient, mainfall, pitch or rise) of a physical feature, landform or constructed line refers to the tangent of the angle of that surface to the horizontal. It is a special case of the slope, where zero indicates horizontality. A larger number indicates higher or steeper degree of "tilt". Often slope is calculated as a ratio of "rise" to "run", or as a fraction ("rise over run") in which ''run'' is the horizontal distance (not the distance along the slope) and ''rise'' is the vertical distance. Slopes of existing physical features such as canyons and hillsides, stream and river banks and beds are often described as grades, but typically grades are used for human-made surfaces such as roads, landscape grading, roof pitches, railroads, aqueducts, and pedestrian or bicycle routes. The grade may refer to the longitudinal slope or the perpendicular cross slope. Nomenclature There are several ways to express slope: # as an ''angle'' of ...
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Money Market
The money market is a component of the economy that provides short-term funds. The money market deals in short-term loans, generally for a period of a year or less. As short-term securities became a commodity, the money market became a component of the financial market for assets involved in short-term borrowing, lending, buying and selling with original maturities of one year or less. Trading in money markets is done over the counter and is wholesale. There are several money market instruments in most Western countries, including treasury bills, commercial paper, banker's acceptances, deposits, certificates of deposit, bills of exchange, repurchase agreements, federal funds, and short-lived mortgage- and asset-backed securities. The instruments bear differing maturities, currencies, credit risks, and structures. A market can be described as a money market if it is composed of highly liquid, short-term assets. Money market funds typically invest in government securiti ...
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Bond (finance)
In finance, a bond is a type of security under which the issuer ( debtor) owes the holder ( creditor) a debt, and is obliged – depending on the terms – to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (i.e. they are owners), whereas bondholders have a creditor stake in a company (i.e. they are lenders). As creditors, bondholders have priority over stockholders. This means they will be repaid in advance of stockholders, but will rank b ...
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Signalling Block System
Signalling block systems enable the safe and efficient operation of railways by preventing collisions between trains. The basic principle is that a track is broken up into a series of sections or "blocks". Only one train may occupy a block at a time, and the blocks are sized to allow a train to stop within them. That ensures that a train always has time to stop before getting dangerously close to another train on the same line. The block system is referred to in the UK as the ''method of working'', in the US as the ''method of operation'', and in Australia as ''safeworking''. In most situations, a system of signals is used to control the passage of trains between the blocks. When a train enters a block, signals at both ends change to indicate that the block is occupied, typically using red lamps or indicator flags. When a train first enters a block, the rear of the same train has not yet left the previous block, so both blocks are marked as occupied. That ensures there is sligh ...
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Chicago, Burlington And Quincy Railroad
The Chicago, Burlington and Quincy Railroad was a railroad that operated in the Midwestern United States. Commonly referred to as the Burlington Route, the Burlington, or as the Q, it operated extensive trackage in the states of Colorado, Illinois, Iowa, Missouri, Nebraska, Wisconsin, Wyoming, and also in Texas through subsidiaries Colorado and Southern Railway, Fort Worth and Denver Railway, and Burlington-Rock Island Railroad. Its primary connections included Chicago, Minneapolis–Saint Paul, St. Louis, Kansas City, and Denver. Because of this extensive trackage in the midwest and mountain states, the railroad used the advertising slogans "Everywhere West", "Way of the ''Zephyrs''", and "The Way West". In 1967, it reported 19,565 million net ton-miles of revenue freight and 723 million passenger miles; corresponding totals for C&S were 1,100 and 10 and for FW&D were 1,466 and 13. At the end of the year, CB&Q operated 8,538 route-miles, C&S operated 708, and FW&D operated ...
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Henry E
Henry may refer to: People * Henry (given name) * Henry (surname) * Henry Lau, Canadian singer and musician who performs under the mononym Henry Royalty * Portuguese royalty ** King-Cardinal Henry, King of Portugal ** Henry, Count of Portugal, Henry of Burgundy, Count of Portugal (father of Portugal's first king) ** Prince Henry the Navigator, Infante of Portugal ** Infante Henrique, Duke of Coimbra (born 1949), the sixth in line to Portuguese throne * King of Germany ** Henry the Fowler (876–936), first king of Germany * King of Scots (in name, at least) ** Henry Stuart, Lord Darnley (1545/6–1567), consort of Mary, queen of Scots ** Henry Benedict Stuart, the 'Cardinal Duke of York', brother of Bonnie Prince Charlie, who was hailed by Jacobites as Henry IX * Four kings of Castile: ** Henry I of Castile ** Henry II of Castile ** Henry III of Castile ** Henry IV of Castile * Five kings of France, spelt ''Henri'' in Modern French since the Renaissance to italianize the ...
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