Word: bangor
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...note in your Feb. 9 issue in your Business & Finance section, you say: ". . . increase in net income of 11.5% for the year Bangor & Aroostock . . . stood alone...
...know whether or not at the time this was written your financial editor had seen the 1930 preliminary report of the Chicago Great Western Railroad Co. If not, I wish to call your attention to the fact that Bangor & Aroostock does not stand alone. The Great Western report is, I think, even more interesting because no unusual conditions prevailed in its territory to produce its excellent results, as was the case with the Bangor...
...Nickel Plate: Boston & Maine, Maine Central, Bangor & Aroostook...
...shockingly bad fourth quarter. Railroads, as expected, suffered heavily. The first 67 roads to report had a net operating income in December of $39,591,000 against $56,709,000 in December 1929-a drop of 30.1%. With an increase in net income of 11.5% for the year Bangor & Aroostock ("The Potato Road") stood alone. Utilities in general showed the effects of depression. Great Commonwealth & Southern Corp. covered its dividend by a margin of only .4? a share...
...without pronouncing judgment, gave out the impression that it rated none of them highly. Republican George Otis Smith, Commission chairman, admitted he had worked privately with the Insull interests for the export of power from his native Maine but could not well explain why the electric rate at Bangor should be 9¢ per kilowatt hour. He favored moderate Federal regulation, opposed public operation. Democrat Marcel Garsaud was opposed by Alfred Danziger, an agent of Louisiana's loud little Governor and Senator-elect Huey Parham Long, who charged Mr. Garsaud was unfit for the job because of business obligations...