Brandeis Attacked in New Haven Road Rate Brief
The New York New Haven Hartford Railroad Corp files a brief with the Interstate Commerce Commission defending its methods and attacking Brandeis. It argues excellence of service, need to raise rates for future growth, and defense of accounting practices led by President Mellen, with stockholders and New England ownership cited as safeguards.
MENTIONED IN THIS ARTICLE
New Haven
Mellen
Washington
New York, New Haven & Hertford Railroad Companys
Interstate Commerce Commission
New England
Louis D. Brandeis
New Maven
Brandeis Gions
Ite
Brandeis
Connecticut
Rhode Island
Massachusetts
Boston & Maine Road
Boston & Maine
New York, New Haven & Hartford
New York
Hartford
Boston
Maine
Boston and Maine Railroad
Stone
Bridgeport
Conn
Nashua
N. H
Public Service Commission
New York State
Pennsylvania
New York Central
Erie
Lehigh Valley
Delaware, Lackawanna and
Public Service Commission of
New Hampshire
Boston and Maine
New Haven Road
Newon Company
Mel- Ten
Ironworker rescues four after steel collapse at Perth Amboy
E. J. McDonald of Birmingham swam Staten Island Sound, saved four companions who fell when a coal dumper crashed on the Lehigh Valley piers. One man Andrew Canavan killed. McDonald and others injured. McDonald unconscious after heroic rescue. Others treated for wounds and submersion.
MENTIONED IN THIS ARTICLE
New York
McDonald
Birmingham
Ala
Staten Island Sound
Perth Amboy
N. J
Andrew Canavan
Syracuse
Charles McCormick
East 128Th Street
Charles Owens
Toledo
Ohio
James, Klegg
Joseph Ireland
Cleveland
Canavan
McCormick
New Haven Railway Cuts Dividend to Six Percent
The New Haven railroad reduced its annual dividend from 8 percent to 6 percent, payable June 30 to holders of record June 7. The cut ends a long history of 8 percent since 1895, with prior 10 and 9 percent rates in earlier decades. The move, expected due to lower earnings aided by Boston & Maine deficits, will save about $3 million. The stock closed modestly higher after the announcement.
MENTIONED IN THIS ARTICLE
New York
New Haven Railroad
New Haven
Boston & Maine
Public Utilities Commissions
Trolleymen Win Point In Connecticut Controversy
The Connecticut company and the trolleymen union near settlement will present the proposed terms at a special meeting today. Vice President Lucius F. Storrs made concessions to satisfy the union, and a formal acceptance by the men is expected to seal the deal. Martin E. Breen called the conference pleasant and hopeful.
MENTIONED IN THIS ARTICLE
New Haven
May
Connecticut Company
Trolleymen’s Union
Lucius F. Storrs
Union
Martin E. Breen
Storrs
Union Conference Hints Settlement Terms To Be Endorsed
Executive committee withheld settlement terms last night awaiting full union approval at the next meeting. Vice President Storrs instigated yesterday’s conference after reversing a prior stance on negotiating with union committees. Speculation grows on reinstatement of discharged workers as talks continue. scheduled meetings for two shifts today.
MENTIONED IN THIS ARTICLE
Unnion
Storrs
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