Business: Deals & Developments: Aug. 4, 1930

Cotton Belt. Running from St. Louis to Fort Worth is the 1,700-mi. St. Louis Southwestern Railway, better known as the Cotton Belt. Last week it became known that Southern Pacific Co. has bought a big interest in Cotton Belt, has options on enough stock to give it control. Previously, Leonor Fresnel Loree had tried to join the Cotton Belt, Kansas City Southern, Missouri-Kansas-Texas and link them with his Eastern interests (Delaware & Hudson) but was frustrated by the I. C. C. Southern Pacific, too, will have trouble...

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