Word: morely
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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...
> 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...
Rates: Governed by no general rules, shrouded in metaphysical complexity are U. S. freight rates. No rhyme or reason explains why iron products move from Chicago to Los Angeles more cheaply than from Denver, which is roughly half the distance. There are countless parallel cases. High rates on less-than...
General is the agreement that more realistic capitalization, plus economies of consolidation, equipment modernization, would make important rate reductions possible & profitable.