Greatest of natural gas pipe lines will be the $40,000,000, 1,250-mi. line started by Missouri-Kansas Pipe Line Co. last June (TIME, June 9). It starts at Amarillo, Tex., runs eastward to Indiana, branches southward to Kentucky. Last week a new and potent partner joined hands with M-K in this development. A half interest in all of the pipe line's operating properties (with exception of its Kentucky and Indiana units) was sold to Columbia Oil & Gasoline Corp., Columbia Gas & Electric Corp.
While no price was revealed, M-K President Frank Preston Parish said it...
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