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Newspaper
Chicago Packer
Location
Chicago, Illinois, United States of America
Date
Apr 21, 1923
Page
1
California fruit shippers join in a request to settle claims arising from a strike and car shortage last summer and fall. The move aims at speedy attention from railroad officials, with big shippers seeking prompt action on their asserted losses.
About 65 major shippers and railroads held a three day meeting in San Francisco to agree on a basis for settling claims from the car shortage and strike last fall. Both sides gave and took, with a quick agreement and plans to pay claims as fast as possible. The conference was the first of its kind in the United States and involved many lines including Santa Fe Union Pacific Western Pacific and New York Central.
Foster Butner manager of the Umpqua Broccoli Exchange Roseburg Oregon hosted a private dinner in Cincinnati for 14 local dealers and paid each a check settling debts incurred some 20 years ago when he was in Lexington Kentucky. He spoke of past financial reverses and gratitude from his mother, and noted meeting creditors face to face to square accounts.
Reports from East and West Tennessee strawberry districts show a late crop with loading likely the latter part of the first week in May. Across Middle and Northern Tennessee acreage has risen and outlooks predict bumper shipments. Freight cars will carry most Northbound loads while some West Tennessee shipments go by express. The 24 full quart crate remains the universal package though some points still ship smaller lots.
Five indictments were returned against H D Graham former manager of the Warren County Strawberry Growers Association and against Graham and F R Cooper jointly. The charges include converting to their own use money and property of another and receiving rebates on berry sales. Graham denies the charges and promises full exoneration at trial.
The Associated Cooperage Industries of America will hold its annual meeting in St Louis at the Jefferson Hotel on May 8 and 9 with executive and committee meetings on May 7. The national group represents the cooperage industry nationwide and will discuss important industry matters. A large attendance is expected and a profitable, entertaining program is planned.
Receipts of California asparagus rose this week with nine to ten cars on some days. The market stayed steady with colossals selling up to 7.50, large stock 5.50 to 6.50, medium 5.5 to 5.50, and small 4 to 4.50. South Carolina and Georgia grass stock appeared, selling up to 6 and at 3.75 to 5 for choice to fancy.
A North Dakota report by Jay G Diamond agricultural statistician for the United States Department of Agriculture notes a moderate drop and possible further curtailment in early potato acreage if April farm intentions are carried out. The forecast supplements the March outlook for both early and intermediate potato states.
Samuel Rosenfeld of New York is indicted and under arrest along with his bookkeeper Samuel Marquiles and fruit dealer Charles Aaronson. They face conspiracy to conceal assets under the Bankruptcy Act after Rosenfeld defaulted on about 90 000 in goods.
Fresh apple demand remains strong in New York with light receipts and firm prices. Fine Greenings rise to 8 dollars per barrel while other stock trades between 18.50 and 6 dollars. Baldwins 4.6, Albemarle Pippins 6.8, Ben Davis 2.50 to 3 per box. Newtown Pippins sell 1.6 to 3, Winesaps steady and box apples unchanged.
The Produce Packer announces a separate weekly edition focused on market and trade news for shippers and distributors of eggs poultry butter hides wool furs and related commodities A free sample copy can be mailed upon request.
The Minnesota Potato Exchange, formed in 1920, plans to reorganize as the Minnesota Potato Growers Association amid heavy creditor pressure. Officials report assets below 1,000 dollars and describe potential bankruptcy as a last resort, with American Fruit Growers Inc. as a major creditor.
New York reports the Danish seed cabbage season near end with sparse cars arriving. Early varieties still sell well at $8 per hundredweight while Florida stock fetches $1.73 to 2 per basket. Carolina crates command $4 to 4.25, imported cabbage brings $2.50 to 2.73 per crate, and New Orleans cabbage sells from $4 to 4.53 per crate.
Hugh Connolly longtime New York auctioneer and head of Connolly Fruit Auction Company died last Sunday after a weeklong pneumonia. Born in Liverpool, England, he came to America in 1890 with ten dollars. He helped found Connolly-Fanning and later Connolly Auction Company, with ties to Di Giorgio and Crutchfield-Woolfolk interests. A special New York to Lakewood train carried mourners. thousands sent flowers, and Father Spillane delivered the eulogy at St Marys Church Lakewood. The remains were interred at St Marys Cemetery Lakewood.
New York April 20 Nick Poulos proprietor of the Boston Produce Company at 43 Jay Street called a meeting of creditors this week offering 20 percent in cash and the balance in seven months installments. He owes about 11 000 from past restaurant and steamship ventures and has funds coming but collection is slow. By midweek about 20 of his 60 creditors had accepted the proposal.
A wreck on the Erie Railroad about two miles west of Port Jervis New Jersey last Wednesday damaged east bound perishable freight from the Far West. Several cars of apples were badly damaged and other stock was shaken up with considerable damage. Cars arrived days late.
Frank H Fitch, a Roanoke Virginia wholesale fruits and vegetables dealer, has filed for bankruptcy with liabilities of 37836.15 and assets of 31916.72. Secured claims total 17649, with 140 creditors. assets mainly consist of Roanoke real estate. Several creditors are long distance shippers. after three poor apple seasons, some creditors accepted notes due in 12 months while a few filed involuntary bankruptcy.
The International Apple Shippers Association reports last week exports of 8 260 barrels and 21 157 boxes to Europe from Rochester area. Season totals reach 1 678 050 barrels and 4 242 300 boxes, well above last year’s figures at the same date.
Texas onions arrived in New York with the first two cars, the stock was small and poor. No. 1 crates sold for 2 dollars and No. 25 crates for 1 dollar.
The Anderson Mercantile Company of Hays Kansas is in bankruptcy with no connection to LW C Anderson of Topeka. He is among the heaviest creditors as the firm’s affairs unfold, with an April creditors meeting called after an $71,000 liability total and $50,800 in assets.
Washington April 20 A general inquiry into the efficiency and economy of railroad management is launched by the Interstate Commerce Commission. Questionnaires go to 61 railroads with a May 28 reply deadline. Reports will cover embargo practices box and refrigerator cars and traffic statistics.
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