Word: forli
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Dates: during 1930-1939
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Terms (subject to the approval Dec. 28 by Square D stockholders): for Kollsman Instrument Co., Paul Kollsman will receive $2,000,000 of newly issued 5% cumulative convertible preferred Square D stock, plus 35,000 shares of Square D common, which at last week's market price of 34...
One night last week the members of the New York Railroad Club sat down to their 67th annual dinner in Manhattan's Hotel Commodore. For topflight railroad executives it was a relatively cheery meal. They were still chortling because freight carloadings rose 30% between Sept. 9 and Oct. 21...
Other industries have borne similar loads of taxes and wages but few have had to face such entrenched unions as the railroad brotherhoods, which resolutely resist the march of technological progress. Even when improvements sped up schedules the brotherhoods prevented any savings and successfully insisted on "featherbedding" which means paying...
> To rail labor, Congressionally represented by shrewd Senator Burt Wheeler, is conceded Washington's No. 1 lobby. Notorious is its ability to send bills crashing through in the last few days of a session; formidable is its veto of any bill to reduce the number of rail jobs available...
> Consolidations are also impractical because the big roads cannot agree among themselves on which of the little roads they will absorb. ICC, in its Consolidation Plan in 1929, compromised by agreeing to the creation of as many as 21 systems. Plans less influenced by political prudence advocate something more like...