When you multiply 11,000 x 1.25, you get 13,750. There is probably a paragraph in that code that allows you to use the multiplier depending on your requirements. So in the end you still get to use the same alowable stress.
1950 edition of Section VIII is back to a factor of 4. Presumably not too many war era vessels were experiencing problems and the committee decided that the factor of 4 was sufficient. Until the late 1990's...