Word: new
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Dates: during 1920-1929
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...When railroads use freight cars belonging to other lines, they pay $1 per day. Last week the Boston & Maine purchased 2,000 new box cars, costing $5,000,000, from the Mellons' Standard Steel Car Co. Unique in the deal was the fact that the B. & M. will pay in daily installments of $1 on each car plus 5% on the unpaid balance...
...projects is Foremost Dairy Products, Inc., organized last March, operating in Florida, South Carolina, Alabama, Georgia. Last week the Penney herds expanded westward when Foremost merged with Southwest Dairy Products Co., which serves 120,000 square miles in the states of Texas, Louisiana. Arkansas. Annual sales volume of the new company will exceed...
Many a motion picture studio set after being used for one big picture is revamped for a lesser one. In London last week a new cinema company, World Studio Center, Ltd., announced it would use the same set not for many pictures, but for six versions of the original, each in a different language, each made by a different company. Through this cooperation of foreign producers, World Studio hopes to cut its costs 30%, successfully to fight U. S.-made films...
...Henri Deterding is, as everyone knows, head of the Royal Dutch-Shell petroleum interests, largest crude oil producing company in the world. Old in the oil business, veteran of many oil wars, Sir Henri at one time battled, not unsuccessfully, with Standard of New Jersey in its pre-dissolution period. In more recent years he has (despite his non-compromise statement) preferred peace to war, as witness his agreement (in March) with U. S. oil interests concerning the marketing of Russian oil. In April he sat in on an American Petroleum Institute oil restriction program, gave tacit approval...
...New Jersey's Teagle. Huge is the Standard of New Jersey organization, but not too huge for the personal domination of Walter Clark Teagle. Mr. Teagle is 6 feet, 2 inches tall and weighs 230 pounds. When he opens the door of the company's offices, his presence is instantly felt throughout the premises. He seldom leaves the office without a briefcase; usually works at home from dinner time to bed time; goes to sleep as soon as his head hits the pillow. His only outside interest is hunting and fishing. He is an active member of a Canadian fishing...