Deals & Developments

Toledo to the Sea. Thirty-eight miles of new track between Cochran's Mill and Connellsville, Pa., last week were opened for traffic. Built at a cost of $16.000,000 by Pittsburgh & West Virginia Railway (Taplin-managed, Pennroad-controlled), it joins the P. & W. V. with Western Maryland, affords another direct route from Toledo and the Great Lakes to Baltimore and the Atlantic seaboard, may afford a 24-hour freight saving. If the proposed Eastern rail consolidation plan goes through, control of the P. & W. V. will be held jointly by the four eastern systems, hence the new link will be a thorn to none.

G. M. in Australia. Since 1926 General Motors of Australia, Ltd. has operated chassis assembly plants at Melbourne, Sydney, Perth, Brisbane and Adelaide. Bodies it has bought from Holdens Motor

Body Builders, Ltd., which also manufactures steel cabinets and fruit boxes. Last week a merger between the two companies was proposed. The combine will be known as General Motors & Holdens, Ltd., will have a directorate consisting largely of prominent Australians including Edward Wheewall Holden. To Holdens' steel cabinets and fruit boxes General Motors will add other products, carrying out the policy of diversification which has marked its recent U. S. expansion.

Said the official announcement: "The merger will constitute the third important liaison of General Motors with a strong native industry in the intensive period of its participation in international trade during the last eleven years." The other two liaisons were the acquisition of Vauxhall Motors. Ltd., in 1925 and the merger with S Adam Opel. A. G.. in 1928.

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