Business: Deals: Dec. 9, 1929

$1 per Day. When railroads use freight cars belonging to other lines, they pay $1 per day. Last week the Boston & Maine purchased 2,000 new box cars, costing $5,000,000, from the Mellons' Standard Steel Car Co. Unique in the deal was the fact that the B. & M. will pay in daily installments of $1 on each car plus 5% on the unpaid balance.

Penney Dairy. Pig-raising was the first, Penney Stores the most profitable, of the business ventures of James Cash Penney. Famed as a livestock breeder,...

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!