Business: Stock Gamble

The dinky, little, 512-mile Wheeling & Lake Erie Railroad that connects West Virginia coal fields with Lake Erie ports caused a petty flurry on the New York Stock Exchange last week. Someone wanted a few shares. Others thought they knew why. They knew that Leonor Fresnel Loree had mentioned the road as a connecting link of his proposed fifth eastern trunk system. They knew that Chairman Frank E. Taplin of the Pittsburgh & West Virginia also had mentioned a feasible hook-up of his road with the Wheeling & Lake Erie and the Western Maryland...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!