Hearings Probe New York Mercantile Exchange Link to Chicago Board
October reports from New York detail resumed hearings into alleged price fixing and ties between the New York Mercantile Exchange and the Chicago Butter and Egg Board. Investigators Kennedy and Lanyon collected evidence from shippers and brokers, with testimonies outlining connections, price conversations, and prior government actions under the Sherman act. The session covered traders, inspectors, and exhibits from 1901 onward, aiming to prove coordinated control of butter and egg markets across cities. In Montgomery, Alabama, J Le Journing, a check faker described in The Packer, victimized local fruit merchant B P Jennings with bogus notes while traveling the country.
MENTIONED IN THIS ARTICLE
New York
New York Mercantile Exchange
Butter and Esa Trust
Kennedy
Lanyon
Chicago
Chicago Butter and Egg Board
Mercanile Exchange
Packerman Thoradey
Chicago Butter and Eye Board
Chas. F. Droste
Droste & Snyder
Droste
S Geo. A. Handley
Cu Packing Company
Mr. Handley
William F. Hurd
Bwitt & Co
Mney Kennedy
John J. Walton
Hunter, Walton Co
Edward 2
Geo
W. Martin & Bra
W. W. Bises
Wiseneaid
Daily Call
Amerty
Associated Press
Renry T. Nichols
Nichols Brothers
J. L. Jennings
Henry
Mr. Kennedy
New York Exchange
Chicago Board
E. B. Martin
Martin
Philadelphia
New York Mercantile Ange
Joseph H. Barrett
Henneberger & Herold
Joseph Barrett
Barrett
Exchange
Henneberger and Herold
Our
Donsideeanio
Brahatie
Sts
Johnstons & Coughlan
Packer
P. Berry & Son
Hartford
Kennedy in Chicago Probes Mercantile Exchange Ties
Franklin Kennedy assistant attorney general of New York, investigating the New York Mercantile Exchange, stayed during convention days at the Hotel Sherman Chicago. He met with Detective head John Lanyon and conference participants including Michael L. Igoe Morgan L. Davies and Albert Finch to seek evidence linking the New York exchange to Chicago Butter and Egg Board pricing. Kennedy suspects Chicago operations form the western end of the butter and eggs trust.
MENTIONED IN THIS ARTICLE
New York
Michael L. Igoe
Morgan L. Davies
Albert Finch
Chicago Butter and Eye Board
New York Mercantiles Exchange
Chicago Board
Board of Butter and Eye Men
Kennedy
Chic
Butter and Egs Trust
Facsimile Signatures Linked to Jennings Check Fraud
Reprinted from The Packer, Sept. 19, reveals two signature fakes used by Jennings on a check. Endorsement appears in his handwriting. Hawthorn State Bank says Mrs. 8 B. Johnson never existed on their books and Jennings once held a brief Florida account while buying watermelons. Bank notes he has since drawn checks, implying the book may not be exhausted.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
J. le Jouning
Packer
Cleveland
Cincinnati
Feaney
Jennings
B. P. Jennings
Pack
J. L. Jennings
Florida
Largo
Fla
J. D. Wade
Hawthorn National Bank
Hawthorn
Fin
Providence Savings Bank & Trust Company
Belle-Evans Commission Co
Cin Cinnatia
J. L.jennings
J. I. Jennings
Hawthorn State Bank
B. Johnson
J. J. Jennings
Ant Igus
8 B. Johnson
Sicily Lemons Sell in New York Market Amid Low Values
In New York on Oct 30 two Sicily lemon sales occurred this week, the second including new crop fruit. Opening sale offered 12,000 boxes with small offerings and mostly rusty fruit. Prices fell with first choices around 2.60 to 2.75 and poor fruit down to 0.50. About 2100 boxes traded Thursday.
MENTIONED IN THIS ARTICLE
New York
Sicily
Apple Exports Figures for Week in New York Area
Apple exports for the week ending last Saturday totaled 118 541 barrels. New York shipped 30 459, Boston 14 075, Portland 1 110 barrels with value and other destinations implied but unclear from the fragment.
MENTIONED IN THIS ARTICLE
New York
Boston
Portland
John
Chicago Potatoes See Steady Market Amid Poor Stock
Chicago reports a weak to steady potato market with prices mostly 40 to 46 cents and occasional higher bids for premium lots. Marketed stock was largely unsatisfactory in quality, especially green, while new loads and outlying shipments showed mixed results. Demand from outside was fair, farmers sold at 25 to 30 cents at country points, and cold northern weather prompted earlier marketing to avoid storage issues.
MENTIONED IN THIS ARTICLE
Chicago
Althouger
Market Notes on Dairies and Receipts
The report indicates weaker demand and lower activity with most sales at 30 427c and occasional loads at 42c. Trade was moderate as fresh receipts remained near the previous levels. Outside inquiry declined but prices held steady with dealers paying farmers 25 30c f o b.
John Walker enters New York as auction broker
John M. Walker, associated with the Western Fruit Jobbers, plans to establish offices in New York at 204 Frank Street after an earlier summer trip to Europe. He intends to operate as an auction broker from his new base.
MENTIONED IN THIS ARTICLE
Noew York
Johin M. Wal
Associ
Walker
Boei Nest &8
New York
Frankin Street
Europe
Poultry butter and egg men in wartime tale
A fragment recounts a man who enjoyed a successful run as an auction broker across the West and Europe before the war broke out. He traveled in Germany, Switzerland, and the United States, with emphasis on fruit merchants and the broader wartime shifts in trade.
MENTIONED IN THIS ARTICLE
Germany
Switzerland
To Close Exchange Prompts Kansas Debate Amid Market Tensions
Kansans debate closing the exchange citing several reasons. Sentai argue the move would curb alleged prosecutions and align with New York Mercantile investigations. Supporters say lower Kansas City prices would aid local dealers in shipping and trading, ensuring competitive regional prices.
MENTIONED IN THIS ARTICLE
Kansas
Sentai
New York
Kansas City
Aibe
Butter Market in Chicago Sees Week of Mixed Demand
In Chicago a week of firmer tone for fancy butter and steadier undergrades reflected colder weather boosting local demand. Extras rose, packing stock steadied, and street prices advanced for fancy grades while board trading remained quiet. California vernal shipments from Los Angeles total 4,601 cars through Oct 28 with higher expected volumes as the new season opens.
MENTIONED IN THIS ARTICLE
Chicago
Denlera
California
Los Angeles
Chicago Egg Market Faces Mixed Demand and Strong Exports
The Chicago egg market shows steady to firm prices for fresh eggs while refrigerator stock gains strength due to ongoing Canadian shipments to England. Receipts fluctuate, with 6,360 cases Monday and 4,189 on Friday, as operators note employment levels affect demand and suggest a market revival only after unemployment stabilizes.
MENTIONED IN THIS ARTICLE
Chicago
Deslera
England
Egee
Firsta
Poultry Trade Stimulated by Cold Weather in Chicago Market
Chicago October 30 The cold weather this week boosted the poultry market despite heavy receipts. Dealers and speculators bought heavily with strong demand for fat heavy stock while thin scrubby stock sold lower. Spring chickens mostly steady or up a fraction, old roosters firmer, Friday receipts smaller and prices largely unchanged.
MENTIONED IN THIS ARTICLE
Chicago
Furaday
Fim
Complaints Against Yesbik In Florida Shipments
The Packer reports complaints against Joseph Yesbik a fruit and produce dealer of Albany Georgia for soliciting shipments in Florida. Shippers allege a bad deal and Yesbik offers no explanation but tells them to sue. Albany inquiry shows he is judgment proof and recently used homestead exemptions.
MENTIONED IN THIS ARTICLE
Jacksonville
Fis
Joseph Yesbik
Albany
Yesbik
Florida
Advan
Julius Fels Arrested in Ohio Frauds Case In Gosport
Cleveland Oct 30 Julius Fels head of Fels Bros a known packer man was arrested on an indictment from Lockport N Y for conspiring to defraud farmers during a string of checks and bad debt acts. He had fled to Gosport N Y where detectives traced him to a law office and the arrest followed. His brother and others sought extradition to Gosport for trial. Brookhart's accounts and Gordon & Co clarified their non involvement with the Fels Bros schemes while admitting advance on cars.
MENTIONED IN THIS ARTICLE
Cleveland
Julius Fels
Fels Bros
Gosport
N. Y
Lockport
Packer
Fela Fols
New York City
Julice
Julius
New York
Fels
Prs Gasport
Agust
Joseph Faiskin
Jose Fauxies
Niegare County
Wels
Pals
Julius Tels
Destnerahip
Ohio
York State
Joseph Morganstern
Dence Morganstern
Brookhart
Gordon & Co
E. Gordon & Co
Louisiana Truce Crops In New Orleans Reach Good Quality
In New Orleans on October 30 crops of homegrown vegetables are in splendid condition. Cooler temps may bring head lettuce romaine and endive in fair supply within ten days. Curly parsley beets carrots radishes shallots okra beans peppers and peas in good demand with steady prices including curly parsley 20c per dozen bunches.
MENTIONED IN THIS ARTICLE
New Orleans
Also Mentioned on This Page
Chicago Exchangee
Cage
Ody
Shippera
Mercantile Exchange
Se Mercantile
Hughes Committee
St Henry
The
Mr. Henry
United States
Brant Heatitt
Apple
John Walker
Poultry, Butter and Egg Men
Buster
Kansas City Exchange
Franklin Kennedy
Yeabik
Louisiana
PAGE
Detroit
Elgin Board
Indianapolis
St. Louis
Henry Tinker
Lexington
Texas
Bedford County
Louisville Street
Columbus
Boston Market News
New
West Virginia
Norman G. Browne
Corso & Co
Louisville
Minneapolia
Mhane
Petaluma
Calif
Lry
Pecos
Minnesota
Memphis
Nowak
Baltimore
J. Davidson
Sodus, N
Hinton Company
Rochester
Florida Citrus Movement
Plant City
Norfolk
Winchester
California Orange Movement
Seattle
Head River
Weat
Oregon
E. Liverpool
Battle Wharf
Lansing
Mich
Warren G. Merrin
New Place
Ohio Valley
Virginia
Kentucky
Dominick Marr
Dallas
Dallas Street
Hobbs
Huston Baker
A. M. Cowart
R. O. Applegate
Fort Worth
Washington, D. C
Interstate Commerce Commission
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