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Electric Rail Plot Promises Huge 20th Century Returns
The Chicago New York Electric Air Line Railroad stock, bought at 25, is touted to rise to 308 with a pay value of 100 by December 15. Advertisers claim rapid rail expansion, electric power, and a shortcut to profit, urging purchases before prices reach 30. The piece cites government officials and a host of regional offices and a sales agent, Frederick H. Wood, promoting a monumental, bondless trunk line project.
MENTIONED IN THIS ARTICLE
Chicago-New York Electric Air Line
Chicago-New York Electric Air Line Railroad
James J Hin
Washington
Chicago Daily News
Chicago
New York
Brockholdara
Abecevion
Frederick H. Wood
Monadnock i
Dearburn St
Chicago-New York
Micotine Air Line Railroad