Business: Toll Bridges

Over the Ohio River at Madison, Ind., there is use for a bridge; over the Missouri at Hermann, Mo. and Courtney, Mo. are similar uses; and at all three places public authorities, too poor to build bridges at common expense, recently authorized private individuals to build toll bridges.

Last week J. G. White & Co., world-famed engineers and financiers, advertised that they would sell stock in the National Toll Bridge Co., just incorporated especially to finance those three bridges.

That advertisement followed by a fortnight the advertisement of H. M. Byllesby & Co. and the Federal Securities Corp. to sell debenture bonds in...