Business: Minus $5,000,000

As critical as any caucus of dissatisfied commuters, the new team that last month took over the New York, New Haven & Hartford Railroad took out last week after ex-President Patrick B. McGinnis.

Financial Vice President John P. Rutherfurd, once a McGinnis man, said that McGinnis had drawn much too pretty a picture of the railroad's net earnings. For the first eleven months of 1955, McGinnis had announced earnings of $9,275,000. Rutherfurd drastically cut the figure. His total for the full year came to only $4,246,000, or 61¢ a share after deductions for sinking...

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