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...main line of the Kansas City Southern cuts into Louisiana at its northwest corner, curves southward through wooded hills. Under these hills, just north of the station of Rodessa, lie mile-deep pools of oil discovered last year and now rated as among the largest in the U. S. Last week Kansas City Southern stock was given a fancy jiggle on news that the railroad had struck oil in the Rodessa field. Excitement, however, petered out quickley. It was learned that the drilling had been done not by the railroad. K. C. S. happened to own outright a quarter-mile...

Author: /time Magazine | Title: Business & Finance: Railroad & Rodessa | 5/25/1936 | See Source »

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