Word: tryingly
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...operation was, in fact, a master piece of economy. Specially designed Stinson tri-motors requiring only one pilot were bought from Errett Lobban Cord. Automobile gas was used for cruising, until aviation gas prices were forced down to 7½? per gal. Pilots were instructed to taxi on one motor instead of three. . . . Result : Cost per mi. was 37?, while other operators of tri-motors were having difficulty in getting under $1 per mi. At the end of the first year, September 1, Ludington had made 8,300 trips, about 28 per day; carried 66,000 passengers (average load...
...Ohrstrom & Co. Inc. with his own offices in Wall Street. Now his organization has offices in every important trade center. He was responsible for important financing: the towering Bank of Manhattan Co. Building; Allerton Corporation (residential hotels for unattached ladies and gentlemen); and, biggest and most important, Tri-Utilities. With a strong face, a bold eye, an athletic demeanor (golf, horseback), young Banker Ohrstrom became a popular topic among Wall Street journalists and conversationalists. They talked, rather to his embarrassment, of his brilliance and his youth...
...young, dull or brilliant, Mr. Ohrstrom could scarcely have foreseen in March 1929 that it would rain hardly at all in the summer of 1930. The dryness that year had a desiccating effect upon the revenues of Tri-Utilities' Federal Water Service Corp. This damper summer the president of Federal Water (Christopher Tompkins Chenery) has announced that while earnings are lower, they are steady...
...this news came too late. Already Federal Water's three brother units in Tri-Utilities had come upon bad times in the light and gas businesses. One after another American Natural Gas Corp., Southern Natural Gas Corp. and Peoples Light & Power Corp. paid their preferred dividends in later-maturing script or not at all. As early as May there were rumors of difficulties in Tri-Utilities financing. Added troubles were the legal efforts of Governor William Henry ("Cocklebur Bill") Murray to drive the corporation's subsidiaries out of Oklahoma, confiscate their properties on charges that they sought...
...Tri-Utilities Corp. was originally, more lengthily christened United Power, Gas & Water Corp...