Supreme Court May Be Asked to Reverse Interstate Ruling
Yale economist analyzes the Interstate Commerce Commission’s ruling in the St. Louis and O’Fallon case. The piece argues the central issue is how to value railroads for rate setting, debating whether wages or prices at the investment period should guide property valuation, amid bondholder interests and a depreciating dollar.
MENTIONED IN THIS ARTICLE
Tming Lesbee
United States Supreme Courd
Interstate Commerce Commission
St. Lone and O'Fallon
Supreme Court
McCurdle
Ifmre
Bea
Conturet
Tntechiate Commerce Commission
Feesral Supreme Court
Metcale Ve
Indianapolis Water Company
Depreciated dollar debate shapes railroad valuation theories
An extended discussion reviews how a weakened dollar affects the cost of reproducing public utilities versus original rail properties. It weighs prudent investment versus reproduction cost theories, examining bondholders versus stockholders, price level adjustments, and public versus private interests in setting rates.
MENTIONED IN THIS ARTICLE
Seine
Stock price mosaic shows widespread activity and listings
A dense scanned column features numerous stock names, prices, and columns of data across multiple sectors and exchanges. It mentions agricultural equipment firms, motor stocks, steel, refining and chemical names, plus banks and utilities. The page suggests broad market movement with varied gains and losses throughout the week.
Common Stock Yields Rise Despite Steady Price Advances
One surprising market feature over the past year is rising yields on high grade common stocks while bond and preferred prices climb. Dividends on common shares outpace market values, making equities attractive despite safety concerns, as many firms with solid policies and long dividend histories prove profitable and safe investments.
MENTIONED IN THIS ARTICLE
United States
Seasonal Influences Seen As Cause of Trade Slump
NEW YORK June 26 Associated Press reports a continued gradual slackening across industries last week attributed to seasonal factors. No immediate slump is seen, fourth quarter operations prep signals optimism. steel and automobile sectors show mixed activity, rail traffic brisk but oil output hits records in Seminole field, crops face uneven progress due to weather.
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Realia
Leto Connel Aine
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Agriv van
Cuba
Jaane
Park
Alameda
ARKO
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Millinn
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Intermad
Pansland
Asrom
Aviaon
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Elf
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Jombert Eta
Xaog Tohigh
Vatley Foie
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Doria Po
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Duquesne
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Ebsentihe
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Ae Paton
Ana
Nash
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Mackay
Sauipe An
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Son Shell Taen Oil
Smubire
Hed & Ga
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Attim
Momgom Warday
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Nana
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Carp
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Lagmington & Oattien Hetraetovies
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Bey
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Thompson
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Henly
Thaden
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Weo
Henway
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von Fond
United Cig Sts
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Marty
Hart
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Valand Steel
Byers
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Victor Mey
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Ploe
Seo Wabasin
Zu Waklers
Seo Werner Browne
Warner Guin
Warren
Mayere
Weber
Tim Sno
Ign
Jo Anny
Wiisant
New York
Associated Press
Ateas
Seminole
Ford
Your Money Problem by Ward and Bl Allen
Travelers face expense during trips and avoid carrying cash by using traveler’s checks. Sold widely through American Express offices, they come in ten twenty fifty and one hundred dollar denominations and can be purchased in advance or on the spot. They are designed to simplify cash needs while traveling.
MENTIONED IN THIS ARTICLE
Rev Bruk
American Express
Secure Checks Replace Money In Payments For Travel And Travel Safety
The article explains using checks as a safe payment method accepted by hotels railroads and stores. It notes checks can be used anywhere with a signature matching the check and that agents at issuing banks will confirm the form. It warns that driving during travel with money is unsafe and recommends checks as a secure alternative for travelers including women traveling alone.
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Butte
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