Republicans Block Democrats on Ship Purchase Bill
Washington reports show Republican opposition dominated the ship purchase debate with Senator Burton leading a filibuster over the rivers and harbors bill. President Wilson remained confident of a possible bill passage before March 4 as Democrats split over changes to the stoping board form and the shipping corporation method.
MENTIONED IN THIS ARTICLE
Washington
Burton
Wilson
Senate Democrats
Commerce Committee
South America
Rotterdam
Rio Janeiro
New York
Ohio
Pomerene
Interstate Commerce Commission
Hoke Smith
Martine
Receiver Appointed for 30 Million Rumely Co
Federal Judge Anderson named Finley V. Mount sole receiver for the M. Rumely company an Indianapolis based 30 million dollar agricultural machinery maker. Creditors had urged Clarence Funk of Chicago and Stephen B. Fleming of Fort Wayne be joint receivers. Funk asserted management paid off over seven million in debts and sought reorganizational cooperation to restore value and repay creditors. He claimed recovery could yield full dollar relief and more with prompt action.
MENTIONED IN THIS ARTICLE
Indianapolis
Ind
Anderson
Finley V. Mount
M. Rumely Company
Clarence 5. Funk
Chicago
Stephen B. Fleming
Fort Wayne
Abnormel
Hunk
Funk
Autos Prove Harmful to Street Car Lines in Seattle
Seattle January 19 two proposals foreshadow abandonment of municipal street railway ownership due to motor bus competition. A council resolution seeks to drop litigation to acquire an electric line to a suburban town and Mayor Gill vetoes a plan to extend the present municipal line three miles. Automobiles threaten city lines. transit drivers form Seattle Automobile Transit Association to supervise schedules routes and protect members in litigation.
MENTIONED IN THIS ARTICLE
Seattle
Wash
Hiram Gill
Ois
Seattle Automobile Transit Association
Ship Measure to Pass According to Wilson
President Wilson indicated the administration ship purchase bill 111 is highly likely to pass this session. He noted possible minor changes but no major alterations, and reiterated a preference for a cabinet member shipping board over a non partisan version proposed by some progressive Republican senators.
MENTIONED IN THIS ARTICLE
Washington
Wilson
Jerome seeks order for Harry K Thaw transfer
Washington reports Deputy Attorney General Kennedy applied for the supreme court mandate to effect Thaw’s extradition from New Hampshire. The mandate cannot issue until 30 days after the Sept 21 decision, with the clerk to issue next Thursday. Kennedy and Jerome plan to travel to New Hampshire to present the mandate to federal officials. In Manchester Thaw awaits the officers who will return him to New York. He will not move until Sheriff Drew receives word that counsel and the U S court are ready to meet in Concord for the transfer. Local lawyers say the transfer should occur and that chances for freedom are slimmer in New Hampshire than in New York.
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Washington
Kennedy
New York
Supreme Court
Harry’ K
New Hampshire
William Travers Jerome
Federal District Court
Manchester
N. H
Harry K. Thaw
New York State
Drew
United States Court
Concord
Manning inaugurated governor of South Carolina
Richard I. Manning was inaugurated as South Carolina governor, the third in six days, succeeding Charles A. Smith who became chief executive after Governor Blease resigned. Manning urged a compulsory school attendance law with local option, a working conditions study, a workers compensation act, repeal of the state income tax, and a higher child labor age. He favored a strong National Guard and praised President Wilson for leadership.
MENTIONED IN THIS ARTICLE
Columbia
Richard I. Manning
South Carolina
Mr. Manning
Charles A. Smith
Blease
Manning
Wilson
New Rules Proposed for Federal Banks
Washington January 19 New regulations affecting rediscount of commercial paper and acceptances by federal reserve banks were discussed today by the reserve board and the advisory council but no conclusions were reached The council and the board also discussed prospects for improved business conditions and it was said opinion seemed generally optimistic The council will meet here tomorrow with the governors of the twelve reserve banks The meeting is expected to develop concrete ideas for rules governing admission of state banks to the reserve system The board will hear tomorrow the rates of banks in northern New Jersey against their inclusion in the Philadelphia reserve district instead of the New York district.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Banks
Reserve Board
Advisory Council
Newersey
Philadelphia Reserve
New York
No Peace Indications Noted by Wilson in 1917 Remarks
President Wilson said there was no likelihood of ending the European war in spring and saw no peace indications. He discussed plans for a Panama Canal trip, noting it would depend on domestic and foreign conditions as events abroad or at home could interfere. He joked that “the government would be at sea.”
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Washington
Wilson
Panama Canal
United States
Panama
Friar Tuck Performer Frothingham Dies in Burlington
George Frothingham known as the original Friar Tuck of the old Bostonians died suddenly in Burlington. He was 75 and had appeared last night in a revival of Robin Hood. He played the Jolly Friar for more than twenty seven years in hundreds of performances.
MENTIONED IN THIS ARTICLE
Burlington, Vt
George Frothingham
Friar Tuck
The
Old Bostonians
Frothingsham
Robin Hood
Jolly Eran
Quarantine Bill Seeks 30000 For Savannah Station
Washington January 19 a bill to appropriate 30000 dollars for Gredgine and other improvements at the Savannah quarantine station was introduced today by Representative Edwarda outlining funding to upgrade facilities and operations at the port area quarantine hub.
MENTIONED IN THIS ARTICLE
Savannah
Washington
Edwarda
May Cotton Reaches Nine-Cent Mark As Prices Rise
New York opening saw active general buying in cotton, but heavy realizing pushed prices back. May contracts hit 9.01, about $8.80 per bale above last month’s low, while December sold at 9.57. Liverpool markets rose on local gains, while interior reports and sales remained mixed. Spot cotton held steady with middling uplands at 8.50 and gulf at 9.75, no sales recorded. In New Orleans, prices dipped about 10 points from yesterday’s close amid profit-taking by longs. July rose to 8.86 before a broad earnings-backed pause. Spot demand remained, with 21,539 bales sold in the Dallas market to steady prices.
MENTIONED IN THIS ARTICLE
New York
Cotton Exchange
Liverpool
Sevral
South
Gulf
New Orleans
Dallas
Brazil
Rio No
Santos
Rio
Rio Exchange
London
Professional views on the cotton market
New York and Liverpool show early gains on active spinner demand from Manchester but gains fade as orders move to cover holdings. Dealers note market steadiness despite prices rising briefly, with favorable foreign reports boosting demand and shorts covering. London and New York firms describe the day as large in volume.
Cotton Movement Prices and Trade Totals Across Ports
Cotton steady across markets with middling around 8.60 in New York and varied receipts exports and stocks at multiple ports. Totals for day show receipts 104,800, exports 22,990, sales 11,004, stock 1,875. Week totals receipts 136,837, exports 136,837, with interior movement and city port figures listed.
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Atlanta
Jenusry
New York
Savannah
Charleston
Wilmington
Philadelphia
Houston
Memphis
Augusta
St. Louis
Holland aids Belgians with free rail relief shipments
Rotterdam representative reports the Dutch government grants rail passage for up to 3,000 tons of relief supplies daily at no charge and refunds prior freight payments. At Ixelles near Brussels, 5,009 people receive two meals daily from charitable canteens, allowing schools to stay open.
MENTIONED IN THIS ARTICLE
Ixetles
Brussels
Exports and imports both show decreases
Washington reports last week saw declines in both exports and imports. Exports at $59,214,388 and imports at $52,705,586 yielded a trade surplus of $52,705,586, down $1,826,867 from the prior week. Cotton exports dropped to 240,751 bales, total six weeks 1,622,983 bales. New York coffee trade mixed with modest gains and price adjustments amid Brazil steadiness.
MENTIONED IN THIS ARTICLE
Washington
Department of Commerce
United States
10 Cent Loaf of Bread Favored by Bakers
Chicago January 19 The National Bakers Association efficient board proposing a 10 cent loaf nationwide due to high wheat prices. Bakers from twenty six cities say a loaf weighing 46 or 27 ounces could be produced at 10 cents with profit while a 5 cent loaf of 13 ounces would incur losses. The efficiency board report notes flour accounts for 73 percent of raw bread costs.
MENTIONED IN THIS ARTICLE
Chicago
Uited
National Bakers’ Association
Efficiency Board
Suggestions that Wilson’s new grandson go nameless
Washington January 13. Suggestions that President Wilsons new grandson be nameless until nationwide contests decide a name began arriving at the White House today. The president is reluctant to bear a namesake burden and a family council was held with no decision. Francis Woodrow Sayre was the name most frequently suggested.
MENTIONED IN THIS ARTICLE
Washington
Wilson
White House
Francis Woodrow Sayre
Southern Railway Loses to Columbia in Rate Dispute
Washington January 19 The Columbia Chamber of Commerce won its contest for equality of treatment with Augusta by the Southern railway and other roads linking those points to eastern ports. The interstate commerce commission ordered commodity rates to Columbia not to exceed those to Augusta from New York Philadelphia Baltimore and other eastern points with equal class rates. The order covers all rail or water and rail rates and carriers have until March 20 to file new tariffs.
MENTIONED IN THIS ARTICLE
Washington
Columbia Chamber of Commerce
Augusta
Southern Railway
Interstate Commerce Commission
Columbia
New York
Philadelphia
Baltimore
Park Bills Thomas Move To Valdosta Division
Washington reports Representative Park introduced a bill to place Thomas county in the Valdosta division of Georgia's southern judicial district. The action seeks redrawing jurisdiction to align county courts with the Valdosta area.
MENTIONED IN THIS ARTICLE
Park
Thomas
Valdosta Division
Washington
Representative Park
Thomas County
Southern Judicial District of
Georgia
Country Produce Market Roundup January News
Country Produce in New York reports butter steady with written receipts 12,474, cheese quiet with 4,463 receipts, eggs steady at 7,812 cases. dressed poultry quiet with western roasting chickens 1042 20, fowls, fresh, and turkeys 13q 22. Chicago notes butter steady at 24 30, potatoes unchanged with 32 car receipts, poultry alive higher. St. Louis reports poultry unchanged except turkeys at 1444 and ducks at 13, butter 31. Liverpool cotton spot steady good middling 6.5, futures mixed. New York cotton goods slightly stronger. Sugar in New York opens 6 points lower, futures up 7-9 points. naval stores market closed for holiday in Savannah. New Texas Governor James H. Ferguson inaugurated.
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New York
Chicago
St. Louis
Tol & Tol
Atchison
Baltimore & Ohio
Hix
Bethlehem
Canadien Pacific
Chesapeake & Ohio
Ag As Chi
Mil & St. Pauw Vera
Great Northern
Pfd
Illinois Central
Tos
Inter
Met
Pfa
Aol Oo Kan
City Southern
Lehigh Valley
Iron & Steel
Rock Island Co
Seaboard
BRRS
Sloss-Shuf, al
Southern Pacific
Southern Railway
Tennessee Copper
Texas Co
Texas & Pacifia
Union Pacific
United States Steel
Beter
Utah Copper
Vae
Caro. Chem
Western Union
U.S
Panama
American Tel
Atlantic
Central of Georgia
Ohio
Tims
Chesapeake
Quincy
Mil
Bt. Paul cv
Chicago, R
Pao
Erie
Loulaville & Nashville
Liggett and Myers
Lorillard
Miesourt, Kan
Texas
New York Central
I Hartford
Orfolk & Western
Northern Pacific
Pan Nsylvania, Co
Republic ‘Tron & Steeley
San Fran
Seaboard Air Ting Adj
Southern Ball Telephone
Texan Compan
Pact
Atlanta Groceries and Live Stock Prices Listing
The Atlanta market report lists a broad range of grocery items with varied prices from candy to canned goods and staples, followed by live stock quotations for good to choice steers, beef sows, heifers, cows, hogs, and miscellaneous meat products. Also included are provision market notes and wholesale flour grain and feed prices with regional shipping terms and current financial market quotes.
Steel stocks lead broader market rally on steady demand
New York January 13 Securities activity surged to the strongest level since December 15 with broad gains across steel and allied issues. United States Steel and Bethlehem Steel led the lift as preferred stock rose to the seven per cent rate amid renewed reorganizational optimism. Total sales reached 3,088,000 par value with most issues advancing two to four points and a strong market tone persisting despite late profit taking.
MENTIONED IN THIS ARTICLE
New York
United States Steel
Amalgamated Copper
Reading
The
Pacifics
Missouri Pacific
Canadian Pacific
Affiliated Lines
Coalera
Grangers
Transcontinentals
Southern Roads
Ethlehem Steel
Wabash Tours
Rock Island
United States
New York Stacks Provisions Cash Prices Reported
Chicago markets report cash prices for pork and lard with values listed for Saree and Elba locations. January 13 and city names appear as context in the brief market note.
MENTIONED IN THIS ARTICLE
Chicago
Cotton seed oil market shows early lift then steady finish
New York traders saw early gains on nearby delivery demand and rising crude prices, but selling pressure and lard weakness trimmed gains. January closed higher, but futures swung with mixed shifts across February to June. overall tone steady by day’s end. Lead and copper markets cited firm or unchanged prices with London quotes noted.
MENTIONED IN THIS ARTICLE
New York
Met
Tonge
Wheat Declines on Light Demand Across Markets
Chicago and other hubs report wheat slipping as export demand falters. May futures shed as much as 2 1/4 to 2 8-8, with corn and oats following lower trends. European demand faltered due to cheaper Argentine and Indian offers, while snow and larger receipts pressured prices further.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Argentine
India
Live Stock Market Prices Across Cities
Live stock prices from Kansas City Chicago and St Louis listed for January 11 and January 19. Hog receipts range up to 23 000 in Chicago with prices between 5.40 and 7.10 for pigs and heavies 6.45 to 7.00. Cattle receipts and prices show native steers from 4.75 to 10.76 and cows from 4.00 to 9.25 across cities. Sheep receipts around 3 300 with lambs at 8.50 and yearlings 4.60 to 7.66.
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Kansas City
Chicago
Bt. Louis
Texas
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