Business & Finance: Banker Ford

One of Henry Ford's favorite pastimes is buying from and selling to himself. For some time Manufacturer Ford has been paying Railroad Operator Ford for motor material shipments over the Detroit, Toledo & Ironton R. R. At length, it seemed advisable to double-track this line from Flat Rock to Durban. Mich. To do this, about $1,181,000 was needed, and the master of the D. T. & I. accordingly desired to issue 5% bonds of the line for this amount.

Mr. Ford's opinion of bankers has been frequently expressed. He, at any rate, had...

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