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Busses. At the end of last year, there were 62 steam railroads using 1,253 busses over 16,793 miles of route, while 260 electric railroads operated 10,062 busses over 20,279 miles. Last week a deal of major importance in this railroad-bus relationship was concluded between the Pennsylvania R. R. and the Greyhound Corp., one of the biggest U. S. bus lines, said to be controlled by the Pennsylvania. The arrangements were for a coordinated rail-bus service between New York, Chicago, and St. Louis, passengers to travel in busses by day and pullmans at night. Especially strategic is the deal at this time, as the Parker Bill for federal regulation of busses may soon be passed and serve to stabilize motor transportation.
Coal. Long has competition unsettled the coal trade. Last week five coal companies, said to have been unable to agree on merger terms, formed a marketing agreement that will create a centralized agency, eliminate competition among them. The five are Henderson Coal, Continental Coal, Chartiers' Creek Coal, Duquesne Coal and Coke, Superior Mining. Their annual tonnage amounts to over 7,500,000, third only to Pittsburgh Coal and Consolidation Coal, each with about 13,000,000 tons.