Word: centralized
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Dates: during 1920-1929
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Died. Arthur David Palmer. 45, advertising manager of the New York Central R. R.; after being struck by a motor bus; in Yonkers...
From the depths of Central Europe used to come in olden days young, men who, landing in the U. S., went directly to tailor shops and with great shears learned the artful intricacies of cutting out men's fashionable suits. Now, under the quota law, they come no more-or at least not in sufficient numbers to meet the demands of the purveyors of fine suitings. Young Americans cannot or will not serve as apprentice cutters. The ranks of experts grow thin. Wage demands go up. Hence the high cost of fashion...
...Baltimore & Ohio R. R. last week announced that it would soon apply to the Interstate Commerce Commission for permission to absorb the Reading R. R. and the Reading's subsidiary, Central R. R. of New Jersey. Such a merger would unite three roads with combined assets of about $1,712,826,542 and total trackage of 10,601 miles. The Jersey Central runs from Jersey City west to Scranton, Pa., and south to resort towns on the New Jersey coast. The Reading goes from Boundbrook, N. J., to Philadelphia, Reading, Harrisburg and Bethlehem, Pa., also Lancaster, Pa. and Wilmington...
...decision was welcomed by the New York Central. It marked the Commis sion's first favorable decision on a question concerning vital railroad consolidation. Both the Cleveland, Cincinnati, Chicago & St. Louis (the "Big Four") and the Michigan Central have long been New York Central subsidiaries, New York Central owning more than 90% of their stocks. They have been operated as separate units, however, and the New York Central based its consolidation plea on the argument that "the necessity for protecting the earnings of each carrier" prevented complete unification and coordination of the system. A. H. Harris, chairman...
...Motor Boat Show at the Grand Central Palace, Manhattan, last week, went many a prospective purchaser, many an idle gazer, many and many a small boy. Not many hardy sea-dogs attended, because an outstanding feature of the modern motor boat is its tendency to incorporate as much as possible of the simplicity, ease of handling and shiny finish of the motor car. Motor boats are sold not to sailors but to motor car owners and their families. To build a boat that a landsman can operate-and that in most cases he never will operate out of sight...