Word: mops
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...accounts. Its primary business has been securities, railroad securities in particular. Kuhn, Loeb railroads include the North Western, the Delaware & Hudson, Illinois Central, Norfolk & Western, Pennsylvania, Southern Pacific, Paris-Lyon-Mediteranée. Kuhn, Loeb's railroad reorganizations include such famed roads as the B. & O., St. Paul, MOP...
...into new territory across the Mississippi, suggested the idea of a transcontinental system. This idea they vigorously deny, saying that their object was to obtain diversification in their investment, to obtain a road whose traffic, unlike that of the eastern roads, is not largely dependent upon coal. Today the MOP, in receivership, is the cat & dog of their holdings, while the C. & O., a coal road, which continues to pay dividends, is their paragon...
...Louis, as a result of the Missouri Pacific Lines going into the new type of railroad bankruptcy (TIME, April 10), Federal Judge Charles Breckenridge Paris cut the salary of Lewis Warrington Bald- win, president of the "Mop," from $85,416 to $40,000 a year. He cut the pay of Senior Vice President Edward M. Durham Jr. from $40,000 to $19,200; of Fred Page Johnson, vice president (finance de- partment) from $22,300 to $13,800. Other salaries fixed by the Court: for vice presidents $6,000 to $18,600, for secretary & treasurer $6,000, for general solicitor...
...preliminary series against the Montreal Canadiens and the Detroit Red Wings, he had helped eclipse the Rangers famed first-string forwards (Frank Boucher and the Cook brothers. Bill & Bun). Almost as surprising as the performance of Dillon last week was the work of the Rangers' youthful, mop-haired, talkative goaltender, Andy Aitkenhead. A recruit this year, replacing convivial John Ross Roach, he had stopped all but nine of 137 shots in five games. To defend their championship the Maple Leafs had a crack team of seasoned players. Charlie Conacher, 23-year-old forward, seemed to have ended his career...
...line, upwards of $600,000,000 in assets, gives MOP a place among the first ten U. S. roads. The Brothers Van Sweringen bought it to complete what the late great Edward Henry Harriman and Leonor Fresnel Loree long coveted-a transcontinental railroad system. Today though no other Van Sweringen line has actually collapsed, their superstructure of holding companies is supported almost solely by Chesapeake & Ohio-only U. S. road still paying dividends at the 1929 rate...