Wall Street Reacts to Supreme Court Inter with Interstate Rates
Trading turned cautious as the Supreme Court reopened the Virginia West Virginia case, with observers noting the decision strengthens federal power over railroad rate making. Virginia certificates fell from 63 to 68 on Monday, reflecting a broader bearish mood as the market compared this ruling to last year’s Minnesota decision and the era’s volatility.
MENTIONED IN THIS ARTICLE
Supreme Court
Justice Hughes
Interstate Commerce Commisson
Wall Street
Pullle
Minnesota
Virginia
Brown Brothers & Co
Secretary of the Treasury
Ted
United State Fel Corporation
Alegeiser
Market Shifts Echo Bets on Crops and Stocks
Observers note diverging views on recent changes as markets react to crop forecasts and policy signals. Grain prices show gains on July reports while steel, rail, and staple stocks swing with mixed old and new pressures. Traders await the Interstate Commerce decision before predicting further moves.
MENTIONED IN THIS ARTICLE
Matias
Supreme Court Expected to Decide All Cases Within Year
Washington reports the Supreme Court aims to finish all cases under consideration within a year. About thirty opinions are due next Monday, including the inter-Tate case and the grandfather case. The oil pipe franchise matter and two major Western oil disputes are among the major items. The court often decides remaining cases after adjourning for the term.
MENTIONED IN THIS ARTICLE
Mhington
Supreme Court
Inter- Tate
Massachusetts Bill Aims to Merge Major Electric Rail Lines
Proposed legislation to form the Commonwealth Electric Railway Company by uniting Boston Elevated Railway, Bay State Railway, Boston Revere Beach Lynn, and West End Street Railway. Includes authority to raise fares within ten miles of the State House and to standardize tracks. requires rate tables to Public Service Commission and annual tax of 1 percent on gross operating revenue. The Great Western Power group reports April gross revenue of 250,58 with net earnings 180,774, while accrued dividends and interest details rise and other income adjusted. Blackstone Valley Gas and Electric shows April gross 4, while net revenue falls to 305,134 and twelve-month totals rise to 1,210,004 gross and 1,005 net.
MENTIONED IN THIS ARTICLE
Tite
Massachusetts
Boston Elevated Railway Company
Bay State Railway Company
Hoston, Revere Beach & Lynn Railroad Company
West End Street Railway Company
Commonwealth Electric Railway Company
State House
Boston, Revereeach & Lynn Railroad
Public Service Commission
Great Western Power Company
Austem
California Electric Generating Company
City Electric Company
Western Power Company
Californi
Tre Generating Company
California
California Railroad Commission
Blackstone Valley Gas and Electric Company
Pawtucket Electric Company
Woonsocket Electric Machine and Power Company
Woonsockets Company
Fou St
Wall Street Briefs: 10 000 Shares Selloff and Corporate Moves
Transactions in foreign accounts yesterday totaled about 10 000 shares all on the selling side. Farmers Loan and Trust elected Thomas F Vietor to fill a director vacancy. American Milling approved reducing capital from 3 300 000 to 700 000. J Aachineloss joined Kissel Kinnieutt as head of sales. National Currency Association of New York re elected officers Frank A Vanderlip Richard Delafield Edward Townsend and Alexander Gilbert. William Scott bought a Coffees Exchange seat for 1 7 5% with a 350 rise from sugar futures trading prior.
MENTIONED IN THIS ARTICLE
Farmers’ Loan and Trust Company
Thomas F. Vietor
American Milling Company
J. 8 Aachineloss
N. W. Halsey & Co
Kissel-Kinnieutt & Co
National Currency Association
City of
New York
Clearing House
Frank A. Vanderlip
Richard Delafield
Edward Townsend
Alexander Gilbert
Aldrich-Vreeland
William Scott
The
Stock Exchange
Coffees Exchange
Hopkins Brothers
Boston
Baten
Allouen
Arizona
Mio Mutts
D& Ruper
Calumet & Aris
eEalumet
Granby
Kaland Creek
North Buttes
Hoxton
Winona
Railroad
Boston & Alb
Hoston
Boston & Maine
Sub
Colony
Vermont
Mass
Metilwain” Peat RM Swiel A Co
United
Kelly
Maxwell
Cary
Puebla
Sm & Ib Spe
Riker-Hegeman
Ask
Vine Ar
Ohernia Ray Gas
New Douglas
Shar
Horton Elyse
New Bal Nee Tee
Wilige Overland
Ula
United Verde
Standard Oil
Toronto
Angio-Am
J. J. Carew & Co
Broad St
Pine Ly
Jalena Siena
Poreu
Hollinger
Indiana
Borg Crows
Yew Malley
Kore Lake
Boston Montana
Peterson Lake
Con Corp. Oe
Coniagas
Aris Br
Gifford
Crown
NTR
Gould Coneeltiauster
Margrave Madeon Bay
Kerr Lake
Philadelphia
Hy & Ls
West End
Keystone
TU Lake Sup Corp
Gascony
Ion
Phila Trac
A & Se
E Union Trac Arity
Westmore Coal Rath
el Ia
Phila Bilee
Phila Co Con Fe
Chicago
Mart
M Pf
Ilnols
Belek
Union Carbide
Swift & Co
More Gold Goes Abroad to Paris From Savoie Voyage
Gold shipments to Paris proceed as La Savoie sails with $5.5 million and National City Bank, Lazard Frères, and Goldman Sachs each place blocks of funds. Total exports since May reach $90 million plus $16 million earlier this year, with most consignments sent to Paris and a Berlin transfer of $1 million by National City Bank.
MENTIONED IN THIS ARTICLE
la Savoie
Paris
Ruacvin
Savoie
National City Hank
Lazard Fréres
Goldman, Sachs & Co
National City Bank
Sub-Treasury
Kronpring Wilhelm
Berlin
Plans to take Boston and Maine railroads outlined
At a legislative hearing Joseph Walker of Brook, chair of the Progressive party committee, outlined two measures to seize B and M and New Haven railroads. One includes a referendum and GOP option to buy the B and M from the holding company at a price approved by the Governor and Executive Council. The other would transfer stock to the state under PSC regulations.
MENTIONED IN THIS ARTICLE
Boston
Sune
Boston & Maine
New Haven
Legislative Committee On Railroads
Joseph Walker
Brook
Progressive Party
Boston Railroad Holding Company
Executive Council
Public Service Commission
Increase in Idle Freight Cars Reported
The Fortnightly Bulletin of the American Railway Association notes a rise of 316 idle freight cars in the United States and Canada as of May. The net surplus at the end of last month stood at 241,02, versus 2860 on May 6, according to the bulletin released yesterday.
MENTIONED IN THIS ARTICLE
United States
Canada
American Railway Association
Railroad Earnings Reported for April Losses Net Declines
The April railroad earnings show lower figures across several lines. Spokane, Portland and Seattle Grossed 584 thousand with after tax declines around 23,786. Chicago, Indianapolis and Trouville grossed 179 thousand with net decreases near 130, and St Louis and Western posted gross about 39 thousand with net declines near 55 thousand.
MENTIONED IN THIS ARTICLE
Spokane
Vortland
Seattle
Groas
Ricago
Indianapolis
Troulaville
St. Louie & Western
Curb Stock Trading Sees Mixed, Minor Shifts in Prices
Curb securities trading yesterday showed uneven price changes with most final quotes barely altered. Major moves included Maxwell Motors first preferred up 21 points, United Cigar Stores down 44 of a point, and South Penn Oil gaining 4 points amid a narrow overall range.
MENTIONED IN THIS ARTICLE
Maxwell Motors
Riker & Megeman
United Cigar Stores Company
United Proft Sharing Corporation
National Cloak and Salt Preferred
South Penn Oil 1
Prairie ON
Gas and Standard of
Indiana
Standard of
California
Standard
New Jersey
Galena Signal Oil
McKinley-Carragh
Tonopah
Caribou Cobalt
West
Consolidated
Consolidated Gaw Convertibles
Incomplete OCR summary of oil and transit entities
Fragmentary text lists oil names and transit references with scattered numbers. Lacks coherent events, dates, or clear subjects to define a complete news item.
Cotton Loses Early Advance in Quiet Market
The cotton market held firm early with a 1 to 4 point opening and moved up to 5 to 8 points before slipping as selling stayed light. Buying broadened but weather data limited demand while prices closed near the day’s low. Southern spots were steady and the local market stayed quiet at 12.60 for middling upland with no sales.
MENTIONED IN THIS ARTICLE
Weather Bureau
Sien Rutin
Otton
Mindling
Bland Cop
Liverpool
Vance
Manchester
Victoria Ta
Rio de
Raj
Ammerian
Ofeo
Butter and cheese market report for week ending June 9 194
Market notes show butter and cheese trends with receipts at 18470 boxes. Prices advanced sharply since last weekly report with higher creamery extras and good to choice quality. speculative demand limited.
TOTAL DOMESTIC RECEIPTS AND MARKET QUOTATIONS
The report lists weekly receipts across commodities including cheese, cotton, tobacco, apples, peaches, berries, lard, and dried fruit, with prices and stock figures. It notes export and import activity in Liverpool markets, cotton futures movements, and Manchester-Verna cloth trade conditions.
General Market Report on Receipts and Prices in Stated Markets
Report covers cattle hogs calves and sheep receipts with prices steady to weak. Beef dressed weight values range 120 to 140 per hundred and various commissions note demand slackness. Wheat corn and provisions markets show declines with mixed futures activity and steady cattle and lamb prices in scattered quotes.
MENTIONED IN THIS ARTICLE
Maiee Kerns
Comaminaion Co
Bk Veale
Era
Tobin & Shannon
Hogrttge
Perth
Bales -Kerne Comminaion Co
Wsf
Newton & Co
Yohin
Shannon
Naie
Chicago
Meealots
Kansas City
Yamlings
Ewen
Omer
Carrie
Texas
the Tribune
Chicago Grain and Provisions and Metal Markets Summary
The report notes a quiet Meth Exchange with copper trading modestly, copper spot and futures quotes shown on the board. Copper prices around 85 to 90 in U.S. markets, with variations noted for spot and futures.
MENTIONED IN THIS ARTICLE
Cofpert Eas
Don
Nomgaa
Teey Auguste
Memnar
Morse Bank Hearing Opens On Accountant Fee Dispute
United States Attorney H Snowden Marshall testified at a second hearing before special master Arthur Berry over a share holders committee claim that Morse bank assets were dissipated. The hearing examined a $2975 bill by expert accountant J P Fernsler for work in suits against directors of the National Bank of North America.
MENTIONED IN THIS ARTICLE
H. Snowden Marshall
Bill Fair
United States
Rattle & Marshall
J. W. McKinnon
National Bank of North America
Arthur Berry
Morse Bank
United States Attorney
Fernsler
Bank of North America
Fernaler
Wheat and corn markets swing after government crop report
Reports from Chicago Kansas City and St Louis trigger a delayed local wheat reaction as heavy liquidation and bear pressure persist. Dealers contend total crop may reach 960 million bushels despite the report. Corn mirrors the trend with Buenos Aires influences, closing near unchanged. coffee shows light activity with a slight net decline as near months rally late.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City
St. Louis
Buenos
Sugar market moves and trade quotes amid mixed receipts
Movement of sugar items shows receipts at 18 900 tons versus 24 000 last year while exports stand at 54 000. Prices include 20 for Cubas and 2 040 for Molaases with June to August shipments noted. inland compute and centering grinding costs reported, reflecting varied regional activity.
MENTIONED IN THIS ARTICLE
Central AM. A
Am Ek Sioe Fay
Nipissing Minos
Austria
Morocco
Gillette Sfty Ax
Helgium
Norway
Onus Gillette Sfty Rus
Hellvia S
Netherlands
Brasil
A. Laeht
Poas'ns
Panamaker On Securities Co. i
Hislearia
Paraguay
United Prust
Cent Americm
Philippines
Os Enue
Portugal
Appleton Co
Bow
Colombie
Une
Congo
Rumania
Cal
R & Pr
Cuba
Crown Res Muly
Denmark
DLT
Santo Domingo
Do Poe
Domatare
Exuador
Beotland
Dom Glass Pf
Germany
Turkey
Asia
Toronto
Bt TV
Europe
Trinidad
Tripoli
Phil
Italy
Eveni
New York
Roain Oll
Imo
Rennery
Boia
Neewan
Aaphalt
Ae Gisye
Duck Exgn
Nearty
Ser Hall
INGE
Jonszenes
Chris
Ley Ricota
Acon
SRK Avelos
Cubas
Porta Tica
Molaases
Wil Gray
Also Mentioned on This Page
Shreveport
Jarndyce
Wall Iet
Mexico
Balkans
Fberneley
Treasury
Meetry
Itimore & Ohio
St. Paul
York Central
Great Northern
Northern Pacific
Csgainet
Pennsylvania
Against & Steel
Great Western Power
Blackstone Valley Gas and Electric
BRIEF
Wall Street News
Industrials
Marconi
Savoy Olle
Lele
Apéno
Union Pac
Meaver
Nipiaine
Ohio
Hilt Col
Pacific
Tritiathon
Florence
Yukon GM
Nyc
U. Pforzheimer & Co
Cart
Hid
Bia
Amty Alland
Chesburough
Crescent
Cumberland
Eureka
Linneses
Galena Bignal
Tionet Transit
New York Transit
Northern Wipe
Southern Pipe
South Fenn Ct
Penn
Kansaw
Ais In & Finch
Olle O & Merce
Baltimore, Stoges
Marchandian
Baltitv iv
Couim
Htacon
Vlkhorn Fuels
Leo
Tom Con Coal Vet Sa
Davinan Chem
Fairmont Coal Fe
Nort & P
Pittsburgh
Columbia Gas
San Crucible Steel
Ma Sa
Oklahoma
Womo
Montreal
Asie
Brazil
Laurentide
Can Cement
Mont le
LAB
Cate
Ogilvie Bir
Gisb Ra Pe
Dom SH Corp
Ian Co
Can Se
Dom ‘Textile
Ing Stork
General Market Report
York, Heves, Mne
Gene Tegaye
Rat ‘Howe
Hobo
Rey Ut
Sheen
Antwerp
New-York
New
Red
Manitoba
Ars Fant
USA
Taratut
Quletz
Tomngo
Harley-Steady
Dlek
Tenia
Cratghes
Kansas
Coursa
Boss
Anton Erain
Ste
S&t
Bbc
He Basket
Musicoosts Banket
Jersey
Uitaats Eaton
Ruubarm
Bpinach
Axpress
Orleans
Yesterda
Guna
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