Last week railroad men noted well that:
¶ The I. C. C. authorized the Pittsburgh & West Virginia to build a six-mile extension into the Donora, Pa., steel district. The extension was granted over the loud protests of the Pennsylvania, once the great and good friend of the tiny P. & W. Va., changed by the threat of territorial competition into its determined enemy.
¶ The Baltimore & Ohio appeared well on the way to realize its consolidation ambitions. It announced that during 1929 it had acquired more than 250,000 shares of Reading stock, clinching once for all its...