Petition Filed As Standard Oil Fine Faces Upholding
The government seeks appellate review of Judge Landis's $29,240,000 penalty against the Standard Oil Company of Indiana amid arguments over knowledge of lawful rates and the scope of the Interstate Commerce Act. The petition argues ignorance is insufficient defense and warns the ruling could weaken enforcement and invite railroad discrimination. The filing marks Attorney General Bonaparte and Kellogg's involvement and cites prior Hanley case as a comparative standard.
MENTIONED IN THIS ARTICLE
Chicas
United States Court of Appeals
Standard
Company of Sane Wes Biel Cotay
Er Op
United Gums Ost Hanley
Fed
Bonaparte
Frank B. Kellogg
Bawin W. Sims
United States
James H. Wiikergon
Landis
Lenox
Grosscup, Sea and Baker
Court of Appeals
Standard Oil Company
Circuit Court of Appeals
Apreais
Standard Oil Company of
Indiana
Ana
Fle
Standard Duay
Ndiana
Lts
Grosscup
Hanley
Standard Oil
Elkins
Gour: of Appeals
Jurge Landis
Standard Gi Company
Circuit ‘Court of Appeals
Trie
Moe
Che
Tt Fe
Perout
New Jersey
Seana
Standard Oil Tha
October Cotton Drops to 8 Cents as Bears Press Market
The October cotton option fell to 151 cents, a year low, amid heavy selling by a broker acting for bull houses. Rumors swirled about J L Livermore and associates covering short lines. afternoon buying lifted October to 8.73 cents before closing near 8.69 cents, with other options down 1 to 8 points.
MENTIONED IN THIS ARTICLE
Bears
Bull
J. L. Livermore
Government and New York Cotton Exchange to Cooperate
Herbert Knox Smith, Commissioner of Corporations, will detail the cotton expert of his bureau to meet New York Cotton Exchange officials. The aim is to advise on exchange rules and support improvements. Smith plans to travel to New York once progress is made. A special committee of the exchange seeks views on revising contract forms for future cotton deliveries and grade differences.
MENTIONED IN THIS ARTICLE
Washington
Herbert Knox Smith
Bureau
New York Cotton Exchange
Exchange
Smith
New York
New York Exchange
Transcontinental Short Line Bond Issue Announced
The Atchison Topeka Santa Fe offers 17 million in first mortgage four percent bonds through J P Morgan Drexel and Morgen at 94 percent with August 27 subscription opening. Proceeds reimburse treasury for Pecos Valley purchases fund new Texico to Rio Puerco line and improvements. Mortgage covers 362.71 miles as a transcontinental main line with strong earnings and growth prospects.
MENTIONED IN THIS ARTICLE
J. P. Morgan & Co
Drexel & Co
Philadelphia
J. S. Morgen & Co
London
Pecos Valley
Texico
N. M
Rio Puerco
Ripley
Pecos
Pan
Texas
Eastern Railway
Pacific Coast
New Mexico
Arizona
Glorieta
Raton Mountains
Atchison, Topeka and Santa Fe Railway Company
Atchison Company
Eastern Railway Company of New Mexico
Morton Trust Company
Mexico
Transfer Tax Receipts Grow for Albany Fiscal Year
Albany reports State Controller Martin H. Glynn says transfer tax collections for the current fiscal year ending October 1 will exceed all prior years. Ten months through August show $5,646,054, $210,659 above the prior twelve months, with August near $200,000 and a projected year total at least $700,060 to $800,000 more than any previous year.
MENTIONED IN THIS ARTICLE
Albany
Martin H. Glynn
Railroads Attack Lafollette Law in Court
Baltimore August 21 The Baltimore and Ohio Railroad filed a bill in the United States Circuit Court seeking a temporary suspension of the Interstate Commerce Commission order compelling railroads to report violations of the Lafollette labor hours law. The filing asks for a permanent injunction after a court hearing.
MENTIONED IN THIS ARTICLE
Baltimore
Interstate Commerce Commission
Baltimore & Ohio Railroad
United States Circuit Court
Pecos and Northern Texas Lines Under Mortgage Plan
The mortgage covers mileage including the Pecos and Northern Texas and associated lines pledged as collateral. Built 1900 1906 with modernized routes Amarillo Texico Rio Puerco and Glorieta Raton regions, serving Pan Handle Texas Pecos Valley irrigation and western freight to Pacific Coast. 362.71 miles poised as transcontinental main line with heavy traffic. 332.15 miles self supporting with growth potential.
MENTIONED IN THIS ARTICLE
Pecos
Alto Cafion
Pan
Texas
Eastern Railway
Pacific Coast
New Mexico
Arizona
Glorieta
Raton Mountains
More Work For Bricklayers In City
Bricklayers report signs of business revival across Washington Heights and surrounding areas. New York district council members say rows of two family and apartment houses are being built and quickly occupied, with strong demand in East New York for model tenement and two family houses.
MENTIONED IN THIS ARTICLE
New York
Chicago Grain Markets End Mixed as Wheat Weakens
Chicago reports bullish bursts from Canadian arrost rumors and a cold Northwest, but expectations of a large new wheat movement next week push prices down. Oats close firm while wheat, corn, and provisions soften. receipts and exports show varied activity with steady local interest in corn May delivery.
MENTIONED IN THIS ARTICLE
Chicago
Canadian Northwest
Board of Trade
Russia
Danube
Manitoba
Saskatchewan
Alberta
Winnipeg
Minneapolis
Duluth
Bradstreet’s
Condition of Trade from Dan's Review and Bradstreet
Dan's Review notes continued expansion in trade and industry with conservative gains, larger distribution, prompt mercantile collections, busier jobbing houses, and moderate but steady retail orders. Reports from West and Southwest cite harvest-driven shipments. iron and steel output rises. shoe contracts grow though hides constrain leather. Bradstreet's highlights broad retail conservatism, strong fall and winter dry goods distribution, and growing lumber inquiries with rising prices. Overall farm prospects improve with record cotton yields predicted if rains arrive, and despite weaker rail and currency signals, manufacturing shows resilience. Washington Star tribute closes the page with a homely compliment.
MENTIONED IN THIS ARTICLE
Cail
Noan
Northwest
Pacific Coast
Busness
Hast
Also Mentioned on This Page
Elkins Law
Supreme Court
Ma Newsring
Aids Cotton Exchange
Pert
Atchi
Son, Topeka & Santa Fe
Lafollette Law
Atchison, Topeka & Santa Fe Railway Company
Edward P. Ripley
Messrs. J. S. Morgan & Co
Messrs. Kidder, Peabody & Co
Boston
Messrs
J. P. Morgan & Company
New York City
Atchison, Topeka and Santa Fe Railway System
Railway Exchange
Jackson Boulevard
Pecos & Northern Texas
Amarillo
Canyon City
Plainview
Pecos Valley & Northeastern
Cameo
State Line
Pecos River
Eastern Railway of
Sandia
Aea
Yours Truly
Chicago Grain and Provisions
Dan
Washington Star
Hudson
West Point
Newburgh
Poughkeepsie
RNOON
Mary Powell
Deebrosses
West Shore
Cam Pubic Sienage
Lake HO
Cong Liberty ST
Mauch Chunk Glen Onoko
LW. W
Liberty ST
Unday
Mers
Homer Ramsdel
Franklin ST
Wm. F. Romer
West 129Th ST
Tie Park
Ticke
Lock Island
34Th St
Brooklyn
Flatbush Ave
Nostrand Ave
East New York
Monotauk
Shinnecock
Brock Island
Long Island
R. R
129Th St
Homer Ramsdell
Montauk Steamboat Co. , Ltd
SEA Cliff & Glenwood
Orient
St. Dist
Deters & Aes
E.R
Gienz d
Sun
Long Island Sound
Norwich
Chester
Chapin Tvs
N. K
Clarkson St
New London
Fisher's Island
Stonington
Watch Hill
Narragansett Pier
Newport
Providence
New Haven
Bridgeport
Rockaway Beach
A4th
St. Sta
Island of
Manhattan
Red Bank
N. R
Highlands
Red Bask
Long Branch
al. Foster
Zist
Artment OF the Interior
Land Oolice
D. C
Fred Dennett
District OF Columbia
East Side
Brooklams
Met
Ington
Henry L. West
Jay J. Morrow
U. S
Quartermaster
U. S. Army
Charles D. Barney & Co
Broad Street
Yorm
South 4Th Street
Ask Am Cement
Lehigh Val R R. Gyam Ry Co
Marsden Cambria Steel
GG Phila Co
Elec St Bat Co
P KR Co
A Hte Lec Co
Penn Steel
Fairmount Trac
Gen Asphalt
Phila Elec Co
Phil Rap
Ins
Union Traction
He UN Gas Imp Co
Bess Gece
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