Babson Predicts Major Rail Merger Movements Across System 19
Babson Park Mass December 5 A railroad analyst outlines anticipated mergers reshaping the industry. Missouri Pacific is named as nucleus for System 19 linking Chicago and St Louis to the Gulf with a 17000 mile network. New Orleans Texas Mexico and International Great Northern are eyed for control alongside Kansas City Southern and Chicago Eastern Illinois.
MENTIONED IN THIS ARTICLE
Babson Park
Mass
Er W. Babson
Mr. Babbem
Instate Commerce
Missouri Pacific
Interstate Commerce Commission
Chicago
St. Louis
Kansasity
Pacific Coast
Salt Lake City
Western Pacific
Denver & Rio Grande
Kansas City
Gulf of Mexico
New Orleans
Texas & Mexico
International- Great Northern
Texas & Pacific
Viassour Pacifc
Texas
Jillnois
Missouri
Kansas
Colorado
Arkansas
Oklahoma
Louisiana
Louisiana & Arkansas
Illinois
Kansas City Southern
Hope
Alexandria
Jonesville
Louisana
Shreveport
Gulf of Port Arthur
Fort Smith Texarkana
Beaumont
Gulf
Missouri, Pacific
Chicago & Eastern Illinois
Nickel Plate
Babson charts rail merger impact on investors
Mr Babson concludes that investors in rail shares face long waits for profit from mergers. Sound rail issues should benefit in the long run as railroads gain lower operating costs and economies, strengthening investor position and general business.
MENTIONED IN THIS ARTICLE
Babson
Tow er Transportation Costs Lifted By Above Normal Rates
Fragmentary text notes that a rise above normal rates will affect the invigorating effect of tower transportation costs. No clear entities or events identified beyond this reference.
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Southwest
Santa Claus
Lorain
E. F. Whitney & Son
Tanlac
C. McCarvel
Teze