Word: coasted
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...proposal was for a merger of the Nickel Plate (New York, Chicago & St. Louis Railroad Co.) with the Pere Marquette, Erie, Chesapeake & Ohio, and Hocking Valley railroads into a great system with some 9,500 miles of track, connecting New York City and Newport News on the Atlantic coast with Chicago and St. Louis in the interior. It would be a fourth great Eastern railway system rivaling the New York Central, the Pennsylvania and the Baltimore & Ohio. The roads in the proposed merger are already controlled by the Van Sweringen brothers (O. P. and M. J.), who have demonstrated their...
...took interest in a small shipbuilding plant on the Delaware, enlarged it, built concrete shipways. After the War he operated Shipping Board vessels on commission. Coastwise shipping struck him as a good field. He was right. At present transatlantic shipping is unprofitable. Passenger carriers move at a dead loss. Coast trading has been earning so well that it has become crowded with ships. More frequent sailings have stimulated both passenger and freight traffic...
Associated Oil and Tide Water Oil locked east and west coast oil production, transportation, refining and marketing into a tight $240,000,000 merger last week. The new company will be named the Tide Water Associated...
Associated Oil ranks next to Standard Oil on the Pacific Coast. Tide Water Oil is formidable along the Atlantic, has large workings in the mid-continent field. Together they have the corporate right "to engage in the petroleum business generally, including the power to acquire securities of other companies." The bankers will give no intimations of what concerns may be taken...
Next Monday evening the Gold Coast Orchestra of the Instrumental Clubs will also broadcast from Station WEEI between 6.30 o'clock and 7. The orchestra will be led by C. F. Henderson '28, and will play among other pieces "Kammenoi-Ostrow" and "My Sweetie turned Me Down", songs which they played on a Columbia record...