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Booming is Baltimore, third greatest U. S. seaport, where Procter & Gamble recently located their new $5,000,000 factory (TIME, June 16). Last week the birth of a promising infant, Baltimore Mail Steamship Co., was announced...

Author: /time Magazine | Title: Business: Baltimore on the High Seas | 7/21/1930 | See Source »

Potent are the interests behind Baltimore Mail, which is capitalized at $10,000,000. President is Donald Symington, head of Baltimore Trust Co. Operating vice president is John M. Franklin, able son of able Philip A. S. Franklin of International Mercantile Marine Co. fame, and vice president of Roosevelt Steamship Co. This latter company is much involved in Baltimore Mail. With Baltimore Trust Co., it led in organizing the new line, and the mail contract is in its name. Baltimore's two trunk railroads, Pennsylvania and Baltimore & Ohio, are also represented among the line's directors. Pennsylvania...

Author: /time Magazine | Title: Business: Baltimore on the High Seas | 7/21/1930 | See Source »

...Wartime General Staff; General Charles Gates Dawes's assistant in organizing the Bureau of Budget in 1921; now aid to the Assistant Secretary of War, Frederik Huff Payne (TIME, May 5); and Mrs. Florence DuBois, 36, daughter of the late James Barber, co-founder of Barber Steamship Lines; in Manhattan...

Author: /time Magazine | Title: Milestones: Jul. 7, 1930 | 7/7/1930 | See Source »

There was many a doubt expressed last year concerning the competency of Owen Crosby Philipps, Lord Kylsant, sometimes called "Lord of the Seven Seas," chairman of the huge far-flung Royal Mail Steam Packet Co. which includes among its many steamship lines the White Star. Last year Lord Kylsant was publicly accused of mismanagement by his brother Viscount St. Davids. Royal Mail stock sank swiftly and dangerously, Royal Mail passed its dividend (TIME, Dec. 23). Lord Kylsant, it appeared, had purchased investments in "other than shipping companies." Good-will was not augmented by the knowledge that Lord Kylsant draws...

Author: /time Magazine | Title: Business & Finance: Falling White Star | 7/7/1930 | See Source »

Last fortnight Yellow Taxi Corp., New York (Regent 1000), largest, oldest (1921) in New York City, went to court to defend its 1,250 cabs. Yellow complained that General Motors Corp, had coerced railroad and steamship lines into awarding concessions to G. M.'s subsidiary, Terminal Cab Corp. Yellow obtained from Supreme Court Justice Richard P. Lydon a temporary injunction to bar Terminal Cab from operating a concession recently obtained (at Yellow's expense) from the Furness-Bermuda Line, Pier 95, North River. Last week Counsel Henry B. Hogan for General Motors denied all charges, affirmed that...

Author: /time Magazine | Title: Business: Cry Babies | 6/23/1930 | See Source »

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