Business & Finance: Deals & Developments: Feb. 24, 1930

Stone & Webster. Many are the activities of Stone & Webster, Inc., and its subsidiaries. Power plants valued at $1,000,000, representing 10% of the installed central station capacity in the U. S., office buildings, hotels, factories, have been designed and erected by its engineers. Stone, Webster & Blodgett, 66⅔ % controlled, does one of the largest investment businesses in the U. S. Sixty utilities operate under Stone & Webster supervision, while extensive interests are held in many of them. Last week Stone & Webster made known a significant change of policy by offering...

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