Business: Nickel Plate

By purchase, last week, of 130,000 shares of Pere Marquette R. R. stock, the Van Sweringen brothers increased their holdings in this road to 280,000 shares. This is 40% of the stock and gives them control of directors' meetings. More important, it obviates sharp bargaining between the Pere Marquette and the Nickel Plate System that they still propose.


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