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Analyzed News: 1857

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Articles in topic 1857

A short history of the elevator

The first passenger elevator got off to a slow start. Installed in 1857 at the Haughwout Department Store in New York, it was shut down after just three years because customers refused to accept it. Powered by a steam engine in the basement of the five-story building, it traveled at a mere 40 feet per minute. (Today's fastest elevators can travel upwards of 40 feet per second.)

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BRIEF-India cbank sets 8.1857 pct cut-off at 91-day tbill auction

* RBI says India sells 30.63 bln rupees out of notified 80 bln rupees of 91-day treasury bills at 98 rupees * RBI says yield on 91-day treasury bills at 8.1857 pct vs 8.3946 pct last week * RBI says yield on 364-day treasury bills at 7.9082 pct vs 8.1773 pct two weeks ago * RBI says India sells 60 bln rupees of 364-day treasury bills at 92.69 rupees

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