Word: tolls
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Dates: during 1920-1929
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Matches. A shrewd bargainer is Swedish Match Co. To obtain exclusive match concessions, it has lent money, bought securities from many impoverished governments. But Swedish Match is interested in matches, not money. And Swedish Match has an active and able financing company in the form of Kreuger & Toll Co., largest stockholder in Swedish Match, headed by Matchmaker Ivar Kreuger (TIME, Oct. 1). Last week, therefore, through a syndicate headed by Lee, Higginson & Co., Kreuger & Toll offered $50,000,000 debentures to acquire securities now owned by potent Swedish Match...
Worthy of note is Kreuger & Toll's financial statement. Net earnings in 1927 were $12,400,000; in 1928 they leaped...
...gloom which descended over Cambridge with the announcement that O. P. Jackson '29, crack Harvard goalie, was ineligible for service in this final game owing to scholastic difficulties has become even heavier. The University's probation rules have taken toll of one more Crimson player. Yesterday it was learned that W. L. Elkins '28, slated to take Jackson's place, would also be hors de combat. As a result, H. H. Newell '29, understudy of Joseph Morrill '29 last year, will bear the burden of turning aside the Yale shots...
...seeking to express our grief over brave comrades fallen by our side in battle. . . . This tragic toll exacted by the Grim Reaper may awaken the American people to a new understanding. . . . We loved these fallen comrades of ours. . . . Vaile, called from the lofty outlook of his beloved mountains to the infinite horizons of eternity. . . . King, efficient attorney of Galesburg. . . . Oldfield, a man four square. . . . Butler, elder statesman, delicate whimsical humor. . . . Frothingham, gentleman of the old school...
Holland Profit. The Holland Tunnel, vehicular toll tunnel beneath the Hudson River, is making money at a rate which indicates a $5,000,000 profit for 1929. Last year's profit was about $3,600,000, and 1929 traffic has shown a 25 per cent increase. Tunnel profits are shared jointly by New York and New Jersey to repay State construction costs...