Word: seatrains
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Wind & wave were not the only hazards faced by a strange looking craft which set out from Hoboken, N. J. via Havana for New Orleans last week. At the last moment, the Seatrain New York was almost scuttled by a Shipping Board ruling...
...cash and cash deposits. Despite the Nickel Plate's situation, its common shares sold last week at $5, indicating most people thought the stock would not be wiped out, that the "Vans" could patch up their pyramid. And announcement of their interest in the Seatrain showed that the Brothers were still aggressively in the railroad business...