-40%
The Pennsy – 01/1956 (Pennsylvania Railroad employee magazine)
$ 6.01
- Description
- Size Guide
Description
This is the January 1956 issue of “The Pennsy
,” the magazine published by the Pennsylvania Railroad “for active and retired employees.” The magazine contains 28 pages and measures approximately 9 x 12 inches.
The Pennsy
contains numerous articles about the railroad and its employees, as well as numerous black and white photographs and illustrations. There is some use of different colors in headlines and other areas of the magazine.
The Pennsylvania Railroad (reporting mark PRR) was a Class I railroad that was established in 1846 and was headquartered in Philadelphia.
By 1882, the Pennsylvania Railroad had become the largest railroad (by traffic and revenue), the largest transportation enterprise and the largest corporation in the world. Its budget was second only to the U.S. government. The corporation still holds the record for the longest continuous dividend history: it paid out annual dividends to shareholders for more than 100 consecutive years.
Over the years, it acquired, merged with or owned part of at least 800 other rail lines and companies. At the end of 1926, it operated 11,640.66 miles of rail line; in the 1920s, it carried nearly three times the traffic as other railroads of comparable length, such as the Union Pacific and Atchison, Topeka & Santa Fe railroads. Its only formidable rival was the New York Central (NYC), which carried around three-quarters of the Pennsy's ton-miles.
In 1968, the Pennsylvania Railroad absorbed its rival New York Central Railroad and the railroad eventually went by the name of Penn Central Transportation Company, or "Penn Central." The railroad filed for bankruptcy within two years.