Word: mops
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...smart enough to clutch the bivalve in a deathly grip and tug until Ostrea Virginica in a moment of exhausted abandon opens his shell and allows himself to glide into the starfish's protuberant stomach. Oystermen have learned to clear the water of starfish by using a long mop, but other foes lurk beneath the surface. There are snailfish molluscs known as drills, borers, whelks and conches that congregate upon the oyster in such masses that they smother him. And the drum fish, sometimes several feet long, has such stout teeth that he can crush the oyster, shell...
...MOP. Through J. P. Morgan & Co. and Guaranty Trust Co. last week Alleghany Corp.. holding company controlled by the Van Sweringen brothers of Cleveland, offered a $25,000,000 bond and a $12,500,000 preferred stock issue. Securing the issue were $7,000,000 Missouri Pacific convertible bonds, 60,000 shares of Missouri Pacific convertible preferred stock, 100,000 shares of Missouri Pacific common stock (MOP...
Inquisitive people, wondering why Alleghany Corp. has so large an interest in MOP, were told that the Van Sweringen:, are estimated to have one-third control of the road. Suddenly the realization dawned that the Van Sweringens possess the nucleus of the never-achieved ambition of all of the many U. S. railroad builders; a transcontinental system...
...consolidation plan, MOP will unite with Denver & Rio Grande and Western Pacific. This will afford a complete road from St. Louis to the West Coast. In the East, the Van Sweringens could easily make any of several connections through the various roads they control...
...part of the first transcontinental road would be a fitting destiny for MOP. Started in 1851, the first railroad west of the Mississippi, it was acquired in 1879 by Jay Gould as a hub for his proposed transcontinental system. But the road became dilapidated, has only been built up since 1923 when Lewis Warrington Baldwin became its president. Now MOP operates 1,.500 miles of track, claims to be the longest system in the U. S. Long considered MOP's bankers are Kuhn. Loeb & Co. and it is believed they will remain so although J. P. Morgan...