Railroads win point in Missouri rate case
Judges in Chicago issued a temporary injunction blocking the Interstate Commerce Commission from enforcing its order cutting freight rates from Atlantic seaboard ports to Missouri River points. The case, brought by Burnham Hannam Munger Drygoods Co and others in Kansas City against the Chicago Rock Island & Pacific and other railroads, contends rates to Kansas City were too high and discriminated against the city. The court upheld the commission’s move as necessary to prevent ongoing injustice while the case is litigated.
MENTIONED IN THIS ARTICLE
Chicago
Grosscup, Seaman and Baker
United States
Interstate Commerce Commission
Atlantic Seaboard
Missouri River
Burnham-Hanna- Munger Drygoods Company
Kansas City
Chicago, Rock Island & Pacific Railroad Company
Atlantic Seaboard Points
Atler Seaboard
Ransas City
West
Northwest
Commission
Atlantic
Mississippi River
Minneapolis
Grosscup
United States Supreme Court
Mississippi
Pittsburg
Buffalo
Detroit
Washington
Circuit Court
Cotton lockout ends in Manchester with wage concession
The two month dispute between Manchester cotton operatives and employers ends as mills agree to a March wage reduction instead of January. Mills reopen November 9 after seven weeks closed, causing significant distress.
MENTIONED IN THIS ARTICLE
Manchester
Fraudulent Bond Issue Charged In Milwaukee Case
Milwaukee November 6. Alexander Beaubien bondholder sues to oust Western Trust and Savings Bank of Chicago as trustee of the Chicago and Milwaukee Electric Railroad Company bond issue worth 10 million dollars. He alleges bonds issued on property valued under 75 percent par value. Temporary injunction blocks bank from acting as trustee pending hearing before Judge Turner on November 21.
MENTIONED IN THIS ARTICLE
Milwaukee
Western Trust and Savings Bank of Chicago
Chicago & Milwaukee Electric Railroad Company
Alexander Beaubien
A. C. Frost
Hugh Ryan
Turner
Bankruptcy Petitions Filed in U S District Court
The day’s filings include involuntary cases against Travin & Co. and H G Alvord Co. with receivers appointed, plus several voluntary bankruptcies by Beste & Dede, Philip Englander, Hildebrandt, and others. Claims total varying amounts with assets cited and notices of examinations planned.
MENTIONED IN THIS ARTICLE
Travin & Co
Mercer Street
William H. Critchley
Isaac Richman
W. F. Allen
Beste & Dede
Bernheimer & Schwartz
129Th Street
Amsterdam Avenue
H. Herrmann & Sons
First Avenue
Philip Englander
Third Avenue
112Th Street
John Winberry
Jersey City
Spring Valley Farm
George Rosenthal
West 137Th Street
Charles Firestone
Broadway
Max Kessler
Fifth Street
Lexington Avenue
David A. Hildebrandt
S3d Street
Hildebrandt Brothers
H. G. Alvord Company
Barclay Street
Julius Mandlebaum
Walter ©. Low
Herman J. Freedman
Broome Street
M. C. Fuller & Son
1St District
Matthew Davis
6Th Street
Matty Davis
Simon Krischok
Charles 1. Brookheim
Harris & Brodek
William Henkel, Jr
Hough
Jacob Caplan
Grand Street
Edmund Rothschild
Fifth Avenue
Anheuser Busch Agency
Eleventh Avenue
Hannis Distilling Company
Philadelphia
Henry Harburger
Seventh Avenue
Railroad Earnings 1908 Great Northern Line Figures
Financial snapshot shows multiple railroads including Detroit and Mackinac and Minnesota lines with gross earnings, expenses, and net earnings for periods such as the fourth week in October and July 1 to Sept. 30. The data includes miles operated, and totals for Mexican International, National G F Mexico, and Chicago Alton among others.
MENTIONED IN THIS ARTICLE
Detroit & Mackinac
Duluth
South Shore & Atlantic
Bos
ST. Louis Furth
Toledo
ST. Louis & Western
Hidalgo & Northeastern
Mobile & Ohio
ST. Louis
South Estern
Peoria & Western
Minneapolis
ST. Paul
Sault Ste. Marie
Oss Mexican International
Mexico
Chicago & Alton
Boston
Igor
Bort Keees & Co
Inc
Bost & Apenr
Ae & Hecia
Bae
Franklin Mn
Capea Panata
Granky, Ee
Luz
Bai
Avaji
Izzy
Jgutucs
Pamarack
Siig
Wolverine
Lee Ee Saad
Utah
Woseatt
Standard Oil Judges Rivalry in Cross Exam Continues
Louis Blaustein testified as a key “spy” for Standard Oil in its war on rivals. He said he did not grasp trust concepts and saw independent firms as fully self sufficient. George Parsells described price cuts by independents in 1901, while Bruce Robinson and Frank Mathews detailed losses to competitors in Maryland and Western New England. The hearing resumes Monday.
MENTIONED IN THIS ARTICLE
Louis Blaustein
Standard Oil Company
Standard
Bleustein
George FB. Parsells
Washington
Bruce Robinson
Baltimore
Gould extension to open for traffic to Pacific Coast
Salt Lake City reports the Western Pacific Gould system extension to the Pacific Coast will open within two weeks for passenger and freight traffic. Irregular service may begin from Salt Lake City to Shafter Nevada where the line meets the Southern Pacific. Over 100 miles of the new route are in operation from Oakland eastward with the Shafter gap rapidly closing and major grading and tunneling nearing completion.
MENTIONED IN THIS ARTICLE
Salt Lake City
Utah
Western Pacific Railroad
Pacific Coast
Shafter
Nev
Western Pacific
Southern Pacific
Oakland
Cal
Greene Copper Probe Prompts Stockholder Subscriptions
A minority stockholders' committee of Greene Consolidated Copper asks every holder to subscribe 30 cents per share to fund an investigation into alleged loss of 20 to 25 million dollars of cash assets after the 1906 merger with Cananea Central Copper. The two firms merged amid plans for Greene-Cananea Copper Company with a combined $60 million capitalization.
MENTIONED IN THIS ARTICLE
Greene Consolidated Copper Company
Cananea Central Copper Company
William C. Greene
John D. Ryan
Thomas F. Cole
Cananea Central
Greene Consolidated
Mexico
Greene Company
Cole-Ryan
Colonel Greene
Greene-Cananea Copper Company
Prosperity in Japan Exports Surpass Imports and Silk Crop Rises
A Japanese cable to Yeijiro Ono of the Bank of Japan shows exports exceeded imports last month by 10,670,000 yen about 5.335 million dollars. It also reports a record silk cocoon crop of 3,410,000 koku about 27 million bushels, up nearly 25 percent over the average.
MENTIONED IN THIS ARTICLE
Japan
Yeijiro Ono
Bank of Japan
Fall River Print Cloth Market Sees Steady Demand
In Fall River Massachusetts sales in the print cloth market for the week reach about 200000 pieces. Despite a decline in total goods disposed of orders likely to cover mill production. Prices hold steady with ongoing demand and a sentiment favoring protected local mill activity. Quotations list 28 inch 64 squares at 3c, 38 inch 64x6 at 4c, 39 inch 68x72 at 5g.
MENTIONED IN THIS ARTICLE
Fall River
Mass
Wheat prices rise on confirmed crop damage in cereal markets
Chicago reports confirm drought damage to the new wheat crop boosting prices on the local exchange. July delivery up to 85 1/2 cents, December at 100 1/2 cents, May at 103 cents. Oats firm due to cash demand and manufacturer buying. provisions weaken as corn slumps.
MENTIONED IN THIS ARTICLE
Chicago
Dreuth
Ohio
Minneapolis
Duluth
Winnipeg
New York
Bradstreet’s
Ohio State Report
London
Spelter
Standard Foundry
Cleveland
Northern
Market Totals from Chicago and Other Cities Cattle Hogs and Sheep
Cattle receipts about 5 000 in Chicago with varied stocker and feeder prices and calves at 3 to 7 85. Hog receipts near 8 000 with shipping and packing bids from 5 40 to 6 40 and a bulk around 5 75. Sheep around 12 000 in Chicago with lambs 4 75 to 6 50 and yearlings about 3 85 to 4 76. other markets show mixed cattle hog and sheep values for Cincinnati Buffalo Kansas City Pittsburg.
MENTIONED IN THIS ARTICLE
Chicago
European Produce Market Wrap Liverpool Trade Nov 6
Liverpool traders report mixed but firm spot wheat and peas with futures quiet. Lamb, bacon, lard and butter hold steady values across several cuts while tallow, turpentine, rosin and linseed oil show modest firming or steadiness in todays European produce market summary.
MENTIONED IN THIS ARTICLE
Liverpool
London
Pacific Coast
Sds
Distol
United States
Coffee and Cotton Markets Hit by November 1908 Trends
The New York market report shows coffee closing steady after a slight recovery, with 24,500 bags traded as lenders absorb declines. Cotton rose to a season high on optimism over Brazil’s Sao Paulo loan guarantee and improved Manchester conditions, with weekly figures detailing port receipts and stocks across major regions.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Rio
Brazil
Sao Paulo
National Congress
Jahu
Rio No T
Manchester
National Ginners’ Association
Lancashire
Texas
Louisiana
New York Cotton Exchange
Canada
New York Market Reports for Beans Peas Butter and More
November 6 1908 New York market notes receipts beans 4739 sacks peas 1140. Marrow beans steady with light trade and jobbing at 2424 245 outside. red kidney weak export orders filled 2474 250. Peas Scotch steady. butter prices advance amid light arrivals and strong demand. eggs and cheese mixed with firmer creameries. Fresh fruit and vegetables show varied shifts with prices quoted across apples pears grapes oranges and tomatoes.
MENTIONED IN THIS ARTICLE
New York
Lima
California
Liverpool
Pennsylvania
Sise
South
Moorpark
Livestock Market Activity in New York Trade 1908
Receipts totaled 95 cars and 1759 head with exports and city slaughter in play. Steers and fat cows rose 25 cents, bulls and common cows up 10 to 15 cents. prices ranged with steers near 4 10 to 6 26 per 100 pounds, cows 1 25 to 4 20, bulls 3 50 to 4 20, veals firm, dressed beef steady. Sheep and lambs strong with 30 cars and 6515 head. lambs and mutton firm, top grades robust. clearances reported. Multiple firms, including MacPherson Co and Tobin & Shannon, listed extensive consignments and varied prices across states and western calves. weekly shipments to London and Liverpool noted.
MENTIONED IN THIS ARTICLE
Cincinnati
Buffalo
Kansas City
Colorado
Pittsburg
United States
Eeea
Liverpool
Great Britain
Sage
Yore
Galveston
Philadelphia
New Orlea
San Francisco
Mobile
Brunswick
Savannah
Port
Charleston - Pensacola
Port Arthur
Jacksonville
Paso
Bere
Newport News
Abby
New York Produc Exchange
Ohio State
New York
Ohio
Minneapolis
Lisbon
Durum
New Orleans
Calcutta
Chicago
Omaha
West
Middle Western
South America
Continent
Brazil
Sugh Ac
Patna
Rangoon
American
Howell
Howell and
Warner
Federal and
Arbuckle Brothers
Musco— Vado
London
D. Willett & Gray
Europe
America
de Leurre Bose
St de Beurre Clairgeau
Kiever
Wester New York Delaware
Niagara
Cape Ga
Do Jersey
Bob
Florida
Takorr Sae
Do Catan
Do Porto Rico
Pacific Coast
Germany
Pennsylvania
Westen
Ise
Ming
Michigan
Lenmdon
Uller
West Indies
L. &. Ditlanhack
Mesaba
Schwarzschild & Sulzberger
J Shambere & Son
G. & Hammond Company
Morris Beef Company
Quarters & Armour & Co
Cedric
Swift Beef Se
Cudahy
Ania
S. Sanders
Jersey
Sm J. Shamberg & Son
West Virginia
Kentucky
Newton & Co
Virginia
Tobin & Shannon
John Ducey
Western
Sheen
Kerns Commission Company
Oene Ave
S. Judd & Co
Imports and Marketings of Dry Goods This Week
Imports and marketings of drygoods for the week show total marketings of 2 300 60 with a 3 percent increase. Reads as a market summary from a historical trade report noting Biss Gale imports and overall totals.
MENTIONED IN THIS ARTICLE
Att Biss Gale
Also Mentioned on This Page
Missouri
U. S. Circuit Court
C. & M. Electric
United States District Court
Witness
New Gould Extension
Greene Copper Probe
Chicago Grain and Provisions
General Market Report
Yester
Pontuaty
Gulf
Charleston
Norfolk
Houston
Memphis
Cotton Exchange
Commission House
Bradstreet
Bush
Country Produce Markets
Maine
State
Long Island
Island
W.ton
Bex
Connecticut
Orange County
Ishes
Charles Mewerth
Hubbard
MacPherson & Co