Word: forli
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Dates: during 1920-1929
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Steel-Cement. Building contractors who go shopping for steel usually also have to go shopping for cement. Last week United States Steel Corp. offered to exchange some $31,000,000 of its stock for Atlas Portland Cement Co. which produces 19,000,000 barrels a year. Other cement companies realized...
Long has there been theoretical speculation on what would be the liability of American Express Co. stockholders should their company fail, for unlike almost all U. S. corporations, American Express was never incorporated, being a voluntary association (joint-stock company) formed in 1850. Chances of American Express failing have, however...
Chief reason for Chase wishing to own American Express was that its business (done through 35 domestic, 65 foreign offices) amounted to international and interstate banking through the sale of money orders, drafts, travelers' checks, letters of credit, telegraphic and cable transfer of funds, collection of foreign bonds, coupons...
Before a railroad may build a new line, it must make application to its stern guardian, the Interstate Commerce Commission. The Commission may or may not look favorably on the petition of its ward. Last week for the first time the I.C.C., without waiting to be asked by a railroad...
For this reason astronomers (who begin their astronomical day at noon, do not divide it into two 12-hour periods) advocate a calendar change.