Old Classification of Worsted Goods Upheld Sparks Tariff Battle
Washington reports a New York court ruling upholding the old classification of worsted goods under the tariff. Treasury figures seek appeals, with Windom and Tichenor tied to a longstanding party program. A future tariff bill debate looms as senators prepare a rapid Senate report and debate.
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Market Strength Prevails Despite Doleful Chicago News
New York market shows notable strength yesterday with robust buying despite bleak Chicago advices. Sugar gains driven by tariff talk and expected U S consumption rise, Pacific Mail activity eyed by traders, Essick Printing & Telegraph stock promotion, Thomson-Houston talks, and Pacific Coast shipping shifts influence prices. Oregon stock, railroad rate impacts, and Los Angeles bonds feature in broad market chatter. Carr Co.
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