Chart signals and market outlook after double bottom in rails
The article notes a near bottom in rail prices last week with a potential rebound as chartists see a double bottom. Bearish sentiment persists on Wall Street amid a risk of renewed liquidation and renewed selling if prices breach the double bottom.
MENTIONED IN THIS ARTICLE
Wall Street
Railroads Face Profit Pressure Amid Declining Earnings
The article analyzes railroad woes with unions resisting wage cuts and regulators blocking rate hikes. It notes disappointing bank clearings and pig iron prices, a worsening crop outlook, and debts from rapid expansion after 1906 07 booms. Some lines cut dividends while others may follow, blaming both unions and the Interstate Commerce Commission.
MENTIONED IN THIS ARTICLE
Interstate Commerce Commission
St. Paul
Pacific Coast
Northwestern
Reading
Louisvile & Nashville
Chinese nun from Hawaii arrives in New York
Sister Mary Alida, 26, a princess of a Hawaiian royal clan and daughter of Wong Leong, travels from Havre aboard the Breta nne to New York in nun attire. She will join the Sisters of the Sacred Heart in Honolulu on return, with companions heading to Fair Haven.
MENTIONED IN THIS ARTICLE
New York
Havre
Mary Alida
Wong Leong
Oahu
France
Mary Alicia
Honolulu
The
Sisters of the Sacred Heart
Fair Haven
Garment Workers Hold Big Meeting in City Hall
A mass meeting of garment workers was held yesterday at Paine Memorial Hall under the direction of the new joint council of the unions. The hall was crowded with speakers including President Max Benjiman of the joint council D Oshinsky of New York national secretary of the united tailors council and B V Isenfeld agent of the New York Pants Stakers Union.
MENTIONED IN THIS ARTICLE
Paine Memorial Hall
New Joint Council
Max Benjiman
Joint Council
D. Oshinsky
New York
United Tailors’ Council
B. V. Isen‘feld
New York Pants Stakers’ Union
Labor Meeting Flags Labor Reform And Subway Protest
The Boston Central Labor Union criticized Boston school board methods and urged the State AFL to back a larger citywide board with representation from each section. Mayor Fitzgerald asked the CLU to appoint a member to investigate fire department needs. A resolution condemned West End street railway stockholders delaying subway work and was sent to the Common. William H. O'Brien named CLU president and Joseph J. Hunt named commander of the CLU Delegates. Friday unions in the CLU division will draw for parade line positions.
MENTIONED IN THIS ARTICLE
Boston School Board
Boston Central Labor Union
A. F. of L
Fitzgerald
William H. O’brien
West End Street Railway
William K. O'Brien
Joseph J. Hunt
Team Drivers Union
Cc. L. U
Boston
Massachusetts
American Federation of Labor
West End
Boston C. S. A
Chamber of Commerce
Boston union Meetings Debate Vocational Schools and Fire Dept Needs
The large meeting focused on school committee methods and vocational school work. The C L U educational committee endorsed a resolution urging broader representation on a Boston School Board and defending parental rights against the board’s perceived overreach. A fire department review was requested, and a Boston Elevated West End merger dispute drew executive attention. The Labor Day committee reported finalized plans and protests, with committee actions approved.
MENTIONED IN THIS ARTICLE
Cghie
Educational Committee of the Union
Parade Staff Named for Labor Day Parade
President Charles A. Murray of the Boston Building Trades department announced the parade staff. Vice-President Jank H. McCarthy heads staff, with Arthur M. Huddell as aide and G. Harry Dunderdale as assistant secretary. Other appointees include Lida McFeaters, Martin I. Joyce, Louis R. Sullivan, and John F. Kennedy among many union leaders.
MENTIONED IN THIS ARTICLE
Charles A. Murray
Boston Building Trades Department
Marshal Murray
Jank H. McCarthy
Boston C. L. A
Cigarmakers’ Union
Arthur M. Huddell
Building Trades Department
G. Harry Dunderdale
Newspaper Writers’ Union
Teamsters
Edmund F. Ward
Brewery Workers
John F. Kennedy
Sheet Metal Workers’ Union
Ignatius McNulty
Dominic D’alessandro
Fred J. Kneeland
Painters’ Unions
John MelLieod
Amalgamated Carpenters’ Unions
H. B. Sullivan
United Housesmiths and Bridge and Structural Iron Workers’ Union
William H. O’brien
Co. L. U
James T. Moriarty
The
Building Trades
Blacksmiths to Send Ryan to Convention in Atlanta
Edward J. Ryan, secretary-treasurer of District Council 33, was elected as the state delegate to the biennial international Blacksmiths Union convention in Atlanta, Ga., on Oct 2. Local 209 announced the result after yesterday’s meeting. Business Agent George M. Gunther reported delivering a protest to Mayor Fitzgerald urging return of fire department personnel from repair shops to fire stations and assignment of repair shop work to skilled mechanics.
MENTIONED IN THIS ARTICLE
Boston Building Laborers’ Union
John M. Sullivan
International Union
Scranton
Chelsea
East Boston
N. Y
Union 70
A. FP. of L
Boston
Wells Memorial Building
New Haven
N. H. & H. R. R. Federated Trades Council
John J. Hynes
John F. Kennedy
James T. Moriarty
Boston Sheet Metal Workers’ Union
Chicago
Lamplighters’ Union
Deacon Hall
Massachusetts
A. F. of L
Amalgamated Ladies’ Garment Cutters’ Union 73
A. F. of
Haverhill
Boston C. L. A
Thomas J. Minihan
Milk Wagon Drivers’ Union
John M. Gillespie
Painters’ Union
Patrick Quinn
Bill Posters Vote to Continue Strike in Boston Shop
The Boston Bill Posters and Billers Union, with 16 members from the John Donnelly Company, voted to keep the strike going until a raise of 2 per week is granted. Married men would get 7 and single men 5 per week during the strike. headquarters are at 31 Tyler Street. The union rejected a 1 weekly raise offer on a two year deal and pledged 25 to the widow of Charles W. Guild of Lowell. Two new members were initiated.
MENTIONED IN THIS ARTICLE
Bill Posters
Boston Bill Posters and
Billers Union
John Donnelly Company
Tyler Street
Donnelly
Charles W. Guild
Lowell
John E. Potts
New England
Brotherhood of Carpenters
Maine
New Hampshire
Union 25
Boston Printing Pressmen’s Union 67
International Union
Park Department Union
A. F. of L
Wells Memorial Building
Vernon Hall
Roxbury
Bricklayers’ Union 8
George J. Twiss
Herbert Singleton
Sarah A. Conboy
Boston Textile Workers’ Union
Labor unions in New England stage Labor Day plans
Labor Day activities and campaign notes across Boston and surrounding areas include union leaders and locals from Carpenters, Bricklayers, Textile Workers, Teamsters, and Sheet Metal Workers. Discussions cover uniforms, parades, wages, and meeting venues as unions plan Labor Day events and wage requests.
Admiral Togo Ends U S Tour Heads to Canada
Niagra Falls Ont Aug 20 Admiral Togo Japanese naval hero completed his 17 day official U S visit and entered Canada unofficially. He toured Niagara Falls with General Nakamura and will proceed to Vancouver before re entering the United States for a Seattle visit. He sent thanks to Secretary of State and the President and spoke of the warm reception. He enjoyed views of the Gorge Horseshoe Falls and dinner with U S Navy officers before resting for departure via Toronto.
MENTIONED IN THIS ARTICLE
Niagara Falls
Ont
Togo
United States
Canada
Nakamura
Ottawa
Vancouver
Seattle
Japan
American
N. Y
Horseshoe Falls
Templin M. Potts
Chandler Hale
Arthur B. Cook
Toronto
Three Men Shot After Quarrel in Middleboro
Three men were shot in Middleboro during a quarrel with Louis Cornelli, who fled after using a shotgun. Victims James Tedorenzo and Antonio Gallando were severely wounded and taken to Morton Hospital. Antonio Tetlorenzo was shot in the arm. Police hunted Cornelli. a Boston-bound train connection prompted a lookout at Citicut.
MENTIONED IN THIS ARTICLE
Middleboro
James Tedorenzo
Antonio Gallando
Morton Hospital
Antonio Tetlorenzo
James
Louis Cornelli
West Street
Cornelli
Swift
Boston
Citicut
Skirt Makers Union 36 Plans Labor Day Parade and Protests
The Cloak and Skirt Makers Union 36 votes to parade Labor Day with the C L U division. Louis Kalis elected commander and a McNamara protest feature is to be arranged. A meeting tonight will decide weekly dues to support Cleveland strikers while enforcing a 50 hour work week from Sept 1 including a Saturday half holiday.
MENTIONED IN THIS ARTICLE
Union 36
Big C. L. U
Louis Kalis
McNamara
North Russell Street
Cleveland
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