Rate Increase Is a Public Question and Rail Financing
The piece argues the Interstate Commerce Commission did not grant the full 15 percent freight rate rise. It notes differing regional earnings, the need for capital to expand facilities, and that Eastern roads would gain about 8 percent while Southern and Western roads receive smaller boosts. It cites Commissioner Harlan calling for broader policy and expects potential fall revisits if needed.
MENTIONED IN THIS ARTICLE
Interstate Commerce Commission
Erie
Boston & Maine
Norfolk & Western
Reading
Truesdale
Lackawanna
Commerce Commission
Pennsylvania
New York Central
Post
Harlan
United Fruit declares 2 percent quarterly dividend
United Fruit Company announces a two percent dividend on capital stock, amounting to two dollars per share, payable July 14, 1917 to stockholders of record as of June 23, 1917. Transfer books remain open. John W. Damon, Treasurer.
MENTIONED IN THIS ARTICLE
Puget Sound Traction, Light & Power Company
Massachusetts Corporation
State of Washington
Stone & Webster
Ness
John W. Damon
Market Dull But Strong Rails Recover Early Losses
Rails recover early losses as market turns dull yet strong with oil stocks advancing while motors show sharp gains. Mass electric feature highlights local market trends and industry movements.
Market Activity Yesterday and Year-to-Date in New York and Boston
Yesterday's markets show New York total sales 540 500 shares and Boston 8087 shares with Steel at 107 500 and Trinity at 1390 as the most active issues. Year to date total sales New York 109 263 300 shares and Boston 3 650 014 shares, versus last year's New York 87 047 613 and Boston 6 390 837. Largest New York gain American Sumatra rising 314 to 4214. largest New York loss Wisconsin Central slipping 5 to 46. Boston gains Calumet & Hecla from 5 to 540 and losses American Sugar from 1 to 120 percent.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel
Trinity
Winconsin Central
Calumet & Hecla
American Sugar
Alaska
Juneau
Allis-Chalmers
Sumatra
AUG & WI Pf
Nen Een
Beth Steel B
Burns Brosepeeee
Butterick Co
Butte & Sup
Cerro de
Chandler Motor
Ches & Chio
Gt West
M & St
Chic & N'west
CRI & Pac Wi
Inc
Col Fuel & Tron
Col Gas
Erie
Settee
Goodriches Eeceres
Eeeaee
Gulf
Haskell
Inspiration
Sentivep
Agri Co
Nickel Posen Eee
Paper Beceee
Kan City
Kennecott
Lack
Lee Rubber
Louis & Nash
Max Motor
Maxwell 1St Pf
Axwell 2d
Mer Marine
Mer Mar
Pet
Miami Copper
Midvale Steel
Os Minn & St L
St P& 8S
Nat E & Stp
Nevada
NY Central
Nynh&h
Nyorkw
Nor & Western
No m Co
Not&m
No Pacific
Ova Sea Steel Reese
Yei
Ohio Cities
Wall Street Dull as Holiday Quiet Closes Mixed Stocks
New York July 8 market mirrors recent dull sessions due to approaching holiday and light participation. Bears press on motors and minor issues while coal oils and tobacco gain. top names like St. Paul Union Pacific and Reading show recoveries. total 540000 shares traded with call loans at 8 1 2 percent and bonds steady to weak.
MENTIONED IN THIS ARTICLE
New York
Bears
Studebaker
Ralls
St. Paul
Union Pacific
Canadian Pacific
Great Northern
Reading
Ohio Gas
Mexican Petroleum
American Sumatra
United States Steel
Liberty
United States
Boston Stocks Report Daily Quotations
Boston market update lists the day’s high and low prices and closing quotes with net changes from the previous close. The data cover all active stocks and reflect the latest trading session figures.
MENTIONED IN THIS ARTICLE
Boston
Boston Market Sluggish Trade As Copper Strike Hangs On
Holiday lull keeps prices steady with little movement amid copper miners strike. Anaconda May output drops by 8 million pounds from April, while other mines report reductions. Alaska Gold ore value falls to 1.10, Massachusetts Electric Gains on six cent fare approval, Atlantic Gulf weak on possible government take over, United Fruit climbs. Railroad shares continue small liquidation at the open.
MENTIONED IN THIS ARTICLE
Anaconda
Alaska Gold Monthly
Massachusetts Electric Preferred
Public Service Commission
Atlantic Gulf
Redfield
United Fruit
Money Markets July 3 Current lending rates listed
The Money Markets report shows 6 percent for brokers' customers loans, outside brokers' call loans, customers' commercial loans, individual collateral loans, and commercial paper. It notes 5.4 to 6 percent for year money and details various maturities up to 180 days secured by eligible collateral at the Federal Reserve and Liberty Loan securities, reported at the Clearing House.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank
Liberty Loan
United States
Pilgrim Club Opens London Home for U S Army and Navy Officers
The Pilgrim Club has secured a residence in Curzon Street once used by Lord Beaconsfield and will host American army and navy officers visiting London. The plan is to make the club as American as possible including the menu and furnishings.
MENTIONED IN THIS ARTICLE
U. S. Army
London
Pilgrim Club
Curzon Street
Lord Beaconsfield
Former Secretary Foster Improves at Henderson Harbor
Watertown N Y July 3 The condition of John W Foster former Secretary of State ill at his summer home at Henderson Harbor was reported as improved today His recovery however is not expected
MENTIONED IN THIS ARTICLE
Watertown
N. Y
John W. Foster
Henderson Harbor
Senate prep for food control bill fuels wet and dry talks
Washington July 3 wets and drys in the Senate held many conferences in preparation for the food control bill contest. Senator Robinson of Arkansas will offer the Martin Robinson substitute for the bone dry liquor section. The amendment mirrors Chamberlain's plan to prohibit distilled beverages and supporters on both parties claim enough votes for passage.
MENTIONED IN THIS ARTICLE
Washington
Senate
Robinson
Arkansas
Martin
Martin-Robinson
Chamberlain
Drys back bill to curb distillation and empower the President
Senate action pauses for holiday as support grows for a Gore substitute giving the President power over wine and beer and authority to seize current bonded spirits. Debate centers on anti hoarding provisions, farmer exemptions, and a ban on government sales of officers products with a possible late week vote.
MENTIONED IN THIS ARTICLE
Gore
Senate
Chamberlain
Six Cent Fare Approved for Bay State Street Railway
The Public Service Commission granted Bay State Street Railway authority to implement a six cent fare by July 18 with three days of public notice. The six month trial requires a financial statement to be reviewed by the commission. a $1 book of twenty tickets will cover Boston and surrounding areas. No transfers or commutation tickets charges. working men's tickets remain unchanged.
MENTIONED IN THIS ARTICLE
Public Service Commission
Bay State Street Railway Company
Boston
Hyde Park
Beverly
Brockton
Chelsea
Everett
Fall River
Haverhill
Lawrence
Lowell
Lynn
Malden
Melrose
Peabody
Quincy
Revere
Salem
Taunton
One Dead Three Hurt In Upset Near Nassau New York
In Pittsfield on July 3 Wilfred Davis 27 and relatives were traveling to Albany when their automobile overturned at a detour corner near Nassau New York twelve miles west of Pittsfield. Davis died at the roadside and others were injured. Eleanor Davis 17 drove the car to Albany Hospital with fractures and injuries among Mrs Louis N Motter and other relatives.
MENTIONED IN THIS ARTICLE
Pittsfield
Wilfred Davis
Fred Davis
Lowell
Louis N. Motter
Church Street
Eleanor Davis
Joseph Cleary
Davises
Motters
Albany
Nassau
N. Y
Here
Davis
Albany Hospital
Malden Bridge
Motter
Captain Overton to lead Harvard ROTC at Cambridge
War Department appoints Captain Winfield S. Overton as new commandant of the Harvard ROTC. He arrives Thursday or Friday, taking over from Captain Shannon who will assist until the training period ends August 15. Overton will then move to Yale next year for military duties.
MENTIONED IN THIS ARTICLE
Winfield S. Overton
War Department
Harvard Reserve Officers’ Training Corps
Cambridge
Military Office
Corps
Shannon
Cordier
Washington
Overton
New Haven
Yale
Harvard Plans Course in War Relief Work
Harvard Summer School adds a new course titled Principles and Methods of War Relief taught by Assistant Professor James Ford. The program aims to train students to conduct civilian relief during the European conflict and aid in postwar reconstruction once peace arrives.
MENTIONED IN THIS ARTICLE
Harvard
Harvard Summer School of Arts and Sciences
T¢N
Etnmaanta
James Ford
Youth No Bar To Training Finds Backup From War Dept
The War Department issued a public statement through Adjutant General McCain clarifying officer training camp age rules. It says men aged 25 to 85 are preferred when qualifications match, no bar on applicants under 31, previous military experience not strictly required, and the government seeks successful forceful men.
MENTIONED IN THIS ARTICLE
Army
War Department
Edwards
McCain
Washington
No Third Regiment of Artillery For Massachusetts
Colonel John Sherburne states Massachusetts will not form a third field artillery regiment due to objections from Governor McCall and Acting Adjutant General Sweetser who fear it would impede infantry enlistments. About 600 men are enrolled and 1290 more are needed for war strength. He argues every infantry regiment in France should have strong artillery support, indicating a deficiency in the state's total fighting force.
MENTIONED IN THIS ARTICLE
Massachusetts
John Sherburne
Bay State
McCall
Sweetser
France
Europe
Saloon Closures Ordered in Hoboken Dry Zone
Mayor Griffin was instructed by the U S Army Department of the East to convene saloonkeepers in Hoboken to close by 10 PM nightly. The new dry zone affects about 100 of the citys 826 saloons.
MENTIONED IN THIS ARTICLE
Hoboken
N. J
Griffin
Department of the East
United States Army
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