Coal expert on stand in government suit to dissolve coal trust
Government suit to dissolve the alleged coal trust continued yesterday. William Ruley of Philadelphia, private statistician for anthracite coal, testified as the authority on the industry. He supplied figures used to set wages, sliding scales, and railroad shipment data from major lines. He described presidents' percentages as not indicating a formal quota but a comparison of shipments. He noted five cent per ton differences in coal freight rates between upper and lower harbor ports. The next hearing is scheduled for October 14.
MENTIONED IN THIS ARTICLE
William Ruley
Phila
Ruley
Tidewater
New York
Philadelphia & Reading
Lehigh Valley
Central Railroad of New Jersey
Delaware, Lackawanna & Western
Pennsylvania
Delaware & Hudson
New York, Ontario & Western
Dui
Guttenbure
Port Reading
Port Johnston
Perth Ambor
South Amboy
Ice freight woes at ICC hearing against railroads
The Interstate Commerce Commission hearing on the Mountain Tee Company versus Delaware Lackawanna Western and other lines over ice transport rates continued. M W Bahrenburg testified the ice firms consolidated to cut costs but faced rising freight charges, noting artificial ice at 250 dollars per ton and natural ice at slightly lower rates, with prior rates before 1888 potentially restoring competitiveness. The firm used only about two million tons per year of its cutting capacity. Hearing to resume next morning.
MENTIONED IN THIS ARTICLE
Mountain Tee Company
Delaware, Lackawanne & Western
Prouty
Interstate Commerce Commission
Federal Building
M. W. Bahrenburg
Ice Company
Whilmington
Atlantic City
Brooklyn
Colorado and Southern's Good Year
The pamphlet report of the Colorado and Southern Railway Company for the fiscal year ended June shows operating revenue of 14,290,535, down from 18,378,804 the previous year. Expenses and taxes were 10,001,307, with a net surplus of 1,491,908 after charges and preferred dividends, equal to 48 percent on 51,000,000 common stock.
MENTIONED IN THIS ARTICLE
Colorado & Southern Railway Company
Exchange Brown Claims Large NYSE Losses
NYSE members file claims against the bankrupt A. O. Brown & Co totaling over 50 000 dollars. Receiver estimates losses at about 246.8 percent, but actual member losses may double the estimate. Seats valued around 150 900 dollars will not cover claims, leaving other creditors to cover the balance. Dresser Mercantile Trust suit expected to settle for zero.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Secretary
A. O. Brown & Co
Charles E. Littlefield
Exchange
Harriman Gould Story Denied In Pittsburg Report
Pittsburg reports that E H Harriman completed a deal to take over three Gould lines and form a new combination with Loree as president were denied yesterday in this city. Union Railway Yonkers Westchester lines saw little trouble as transfer abolition caused some fare confusion but no riots or major incidents despite patrols at junctions.
MENTIONED IN THIS ARTICLE
Harriman-Gould
Pittsburg
E. H. Harriman
Goulds
Mr. Loree
UNION
Union Railway Company
Yonkers Railroad Company
Westchester Flerrie Railroad Company
Frederick W. Whitridge
Districts for Bank Examiners Formed by Controller
Washington Oct. Lawrence O. Murray, Controller of the Currency, announced plans to create eleven district national bank examiners with a district chairman in Boston New York Philadelphia Pittsburg Nashville Chicago Minneapolis Kansas City Fort Worth Denver and San Francisco.
MENTIONED IN THIS ARTICLE
Washington
Lawrence O. Murray
National Bank Examiners
Boston
New York
Philadelphia
Pittsburg
Nashville
Chicago
Minneapolis
Kansas City
Fort Worth
Denver
San Francisco
Charles A. Hanna
New
Train Service Tied Up by Brooklyn Power Accident
An outage in a Brooklyn power house disrupted elevated and trolley traffic on the Brooklyn Bridge for about an hour yesterday afternoon. Crowds filled platforms as Bridge squad and Oak Street station reserves managed order. Service resumed in stages, with final clearing by 6:30 p.m. All trains and cars then operated normally.
MENTIONED IN THIS ARTICLE
Brooklyn Bridge
Brooklyn
Brooklyn Bridge Squad
Oak Street
Fifth Avenue
Hobson Plans $50,000 Slander Suit Against Kelcher
Boston Oct 8 Congressman Richmond Pearson Hobson stated he would sue Congressman John A Kelcher for slander seeking $50,000. Hobson charged Kelcher’s backers with paying him to speak in Boston on September 21. Kelcher countered by alleging Hobson came to the city for pay and rail fare, not navy issues.
MENTIONED IN THIS ARTICLE
The
Tribune
Boston
Richmond Pearson Hobson
John A. Kelcher
Conry
Kelcher
Hobson
Mr. Kelcher
Mr. Hobson
Martin M. Lomasney
Decker Elected President of Railway Commissioners
Martin Decker of New York named president of the National Association of Railway Commissioners. Florida’s R Hudson Burr and Minnesota’s Charles Staples named first and second vice presidents. The group urged Congress to speed cases brought by state commissions to match Interstate actions and seek a uniform state federal framework.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
Martin & Decker
New York
National Association of Railway Commissioners
Decker
Association
R. Hudson Burr
Florida
Charles F. Staples
Minnesota
W. H. Connelly
Interstate Commerce Commission
William Kilpatrick
Illinois Railway Commission
Congress
Supreme Court
Equipment for Canadian Line visioned for freight car demand
President Thomas G. Shaughnessy of the Canadian Pacific Railway reports to stockholders that the $70,000,000 capital increase will first fund equipment purchases. He notes $37,000,000 was spent on new gear from 1902 to 1908 and forecasts a forthcoming shortfall in freight cars within six weeks, urging full effort to meet shipper needs.
MENTIONED IN THIS ARTICLE
Thomas G. Shaughnessy
Canadian Pacific Railway
Wall Street
Feast of Tabernacles Begins This Evening in Jewish Community
Tomorrow marks the 15th day of Tishri and the Feast of Tabernacles. Palms and errog decorate homes and synagogues as services start at sunset, with orthodox communities extending rites through the week. The festival ends with Simchath Torah on October 18, a time of merrymaking alongside religious observance.
MENTIONED IN THIS ARTICLE
Tabernacles
Belmont Jockey Felt Testifies Over Hat Incident
John H. Felt, the jockey suing August Belmont for 100000, testified in Supreme Court that his dispute began when he failed to tip his hat to Belmont. Felt said he was discharged after three years and later accused of leaving without consent, with Belmont later blacklisting him in The Racing Calendar.
MENTIONED IN THIS ARTICLE
John H. Felt
August Belmont
Belmont
Supreme Court
Freit
Curb Ban On Cats and Dogs Stocks Adopted
A Broad Street curb committee led by E B Mendels ordered that the so-called cats and dogs stocks be traded less in the curb market. Applications to list such stocks will lie on the bulieux board for five days before sale recordings. Objections to listing may be filed with the curb committee for a decision on desirability.
MENTIONED IN THIS ARTICLE
Broad Street Curb Committee
E. 8. Mendels
Bulieux Board For
Saving Bronx River Parkway Plan Seeks 35000 Grant
Bronx River Parkway Commission asks the Board of Estimate for 35000 to survey lands for a parkway and river reservation to curb pollution. Commissioners Grant Niles Cannon note rising costs, potential land gifts, railroad offers, and that preservation now is cheaper than sewering or filling the river. The plan aims to protect the river and adjacent Botanical Gardens and Zoo while enabling future parkway development.
MENTIONED IN THIS ARTICLE
Board of Estimate
Bronx River Parkway Commission
Hughes
Bronx River
Madison Grant
William W. Niles
James G. Cannon
Bronx
New York, New Haven & Hartford Railroad
Commission
Bronx Park
New York Central & Hudson River Railroad
Harlem Division
White Plains
County of Westchester
Botanical Gardens
Zoological Park
Third Class Planned on North German Lloyd Line
It was learned yesterday that the North German Lloyd Line planned to establish a third class on all new steamers. This would give affordable accommodation apart from steerage, nearly as good as second cabin. Introduction begins with the George Washington’s first trip, arriving in a few months.
MENTIONED IN THIS ARTICLE
Lloyd Line
George Washington
No Extra Dividend Declared by Northern Pacific Directors
James J. Hill indicated no extra dividend would be paid after the directors met. They declared the regular quarterly 1 percent dividend and re elected the retiring officers. The stock fell two points on the news then recovered about half its loss. Interests urging an extra payout maintained they expect action after the election and a possible ten dollar per share disbursement before year end.
MENTIONED IN THIS ARTICLE
James J. Hill
Northern Pacific Railway Company
Bankruptcy Petitions Filed In U S District Court
The United States District Court heard voluntary and involuntary bankruptcy filings. Names include Ernest G. Kill, the P. V. Cloke Company, Frederick T. McIntyre, and others with liabilities ranging from thousands to tens of thousands, receivers appointed for several firms, and assets listed from zero to about eleven thousand dollars. Includes Industrial Gas Company and Textile Fabric Company among active cases.
MENTIONED IN THIS ARTICLE
United States District Court
Voluntary
Ernest G. Kill
West 23d Street
Lutzer & Kill
New Rochelle
N. Y
P. V. Cloke Company
Broadway
Frederick T. McIntyre
Elmhurst
Long Island
Fifth Avenue
East 27Th Street
Thomas Schonheltz
Third Avenue
Simon Eisenberg
Aho
Industrial Gas Company
No. 50
Church Street
Union Petroleum Company
Philip Derf
Eldridge Street
Leishin & Dor
Samuel Wetlnstock
Rivington Street
Manual Weller
Louis E de Koven
Solomon Goldberg
David Grouopman
Bond Street
Isaac Chartin & Co
Market summaries from Chicago and East Buffalo trading floors
Cattle receipts around 7 000 head in Chicago with steers 46 to 67, cows 25 to 42, heifers 34 to 40, bulls up to 450, calves 250 to 850. hogs about 19 000 head, bids 6 50 to 6 65 for heavies, mixed 6 25 to 6 50, pigs 3 50 to 5 50. sheep about 22 000 head, lambs 4 25 to 5 25. East Buffalo reports cattle 100 head firm, veal 2 2 and a half lower, hogs 300 head slow. sheep and lambs 6 000 head steady for sheep, lambs 4 36 to 5 75. Cincinnati hogs down 10 to 20 cents, cattle dull to weak, sheep steady. Kansas City cattle steady to 10 higher with exports and dressed beef at 5 75 to 6 75, hogs 5 75 to 6 45, lambs 4 50 to 6 00.
MENTIONED IN THIS ARTICLE
Chicago
East Buffalo
Cincinnati
Oct
Kansas City
Oct. S
Manchester
Europe
Canadian Northwest
Gulf
St. Louis
Wilmington
Galveston
Memphis
Ste
Hoiston
Mobile
Savannah
S*sc
Charleston
Norfolk
Siac
Baltimore
Augusta
Little Rock
Sac
Houston
New Orleans
Cotton Exchange
Liverpool
Kansas
New York Produce Exchange
Southwest
Northwest
Winnipeg
Minneapolis
Berlin
Budapest
Broomhall
Portugal
Duluth
New York
Buffalo
Alexander
Gravenstein
Holland
York
Pearl
Bartlett
Seckel
Pine Island
Virginia
Delaware
Niagara
Salem
Concord
Mogahc
Clinton
Jersey
Colorado
Florida
de Porto Rico
Eapples
Orta Ae
London
Iake
Standard Foundry
Cleveland
Philadelphia
Asic
BSC
Calcutta
Kansas Ety
Omaha
Mesa
Middle Western
South America
Continent
Brazil Keys
Patna
Rangoon
Eagle
Texas
iSiac
Markets Summary From The Iron, Cotton And Grain Prices
A compact listing of commodities with prices across iron, cotton, coffee, steel, sugar, copper, molasses, beef, pork, wheat, corn, oats, hogs, lard and flour. Includes No 1 iron, middling cotton 98, No 2 red wheat, No 7 Rio coffee, and various feed and product quotes.
MENTIONED IN THIS ARTICLE
Rio
Coffee and Cotton Markets Narrow in Quiet New York Session
General Market Report from New York dated October 8, 1963 notes a quiet coffee market with about 10,000 bags sold and prices slipping slightly as demand waned. Cotton closed steady after a day of losses, with 125,000 bales traded and spot prices in the U.S. market easing modestly amid bear pressure and mixed spot reports across Southern towns.
MENTIONED IN THIS ARTICLE
New York
Havre
Hamburg
Santos
Sao Paulo
Rio No T
New York Produce Prices 1908 Market Report
Daily market notes from New York listing beans and peas receipts, bean and pea quotes, butter and creamery prices, cheese and eggs receipts, fruits including apples pears peaches grapes cranberries muskmelons and grapes, hay and straw, poultry alive and dressed. Strong hay market, steady to firm dairy, and varied fruit prices with notable stock levels and receipts.
MENTIONED IN THIS ARTICLE
New York
Pkas.co
Metals and provisions summary from London markets
Tin and copper prices drifted in London with local markets steady. Lead, spelter and iron traded wide, while molasses syrups and oils held firm. Provisions rose on grain cover. hog receipts were strong, pork and beef quotes firm and lard higher. sugar prices showed mixed moves with detailed duty rates listed.
Market Report for Live Stock and Produce Prices
Philadelphia market notes mixed prices for poultry and dairy products, with ducks and geese listed by region. Ducks, Western scalded and picked, anchor the poultry section. geese and guinea fowls show varied regional quotes. Potatoes, sweet potatoes, cabbage, beans, peppers, and tomatoes display fluctuating demand, mostly steady to weak, with crates and baskets priced per bag or per basket and regional variations noted.
MENTIONED IN THIS ARTICLE
Philadelphia
Michigan
Maine
Sulk
Jersey
Roy
Brussels
State
Boston
Long Island
Orange County
PRAD
Virginia
Ile
Livestock market report from New York exchange
Receipts for cattle, calves, sheep and hogs posted across the market with mixed demand. Beef cattle steady. veals and dressed beef firm. sheep and lambs mostly firm with lambs advancing. hogs weaker in line with Buffalo trends. prime weights and city dressed hogs showed varying prices.
Chicago Grain Prices Rally as Demand Remains Strong
Chicago grain and provisions turn firm on Oct 8 as wheat prices rise amid record flour sales at Minneapolis and strong cash demand. Corn oats and provisions follow with notable activity, government reports bolster bullish tone. clearances and receipts varied, with prices closing near session highs.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis
Southwest
Commission
New York
Duluth
Dreuth
Ug Ge
Shorts
Ride
To We
Lake Superior Corporation Directors Election Questioned
Announcement states the Jersey City election of Lake Superior Corporation directors was not legal due to insufficient votes for a majority. A protested block of 4.26 shares by management left the controlling party with 134000 shares, under half of the 40900.00 stock outstanding. A new meeting will be called after the stock protest is resolved.
MENTIONED IN THIS ARTICLE
Lake Superior
Lake Superior Corporation
Jersey City
M. K. & T. Declares 2 Percent Dividend
Parsons Kansas reports the Missouri Kansas & Texas Railroad Company board at a special meeting declared a regular semi annual dividend of 2 percent on the preferred stock.
MENTIONED IN THIS ARTICLE
Parsons
Kan
Missouri, Kansas & Texas Railroad Company
Western railroads to adopt uniform bill of lading
Chicago October. Western railroads have practically decided to adopt the same uniform bill of lading as the Eastern roads. The Western classification committee has asked the Interstate Commerce Commission for authority to adopt the provisions of the Eastern bill of lading on November 11.
MENTIONED IN THIS ARTICLE
Chicago
Oct
Western Railroads
Western Classification Committee
Interstate Commerce Commission
Injunction in Calumet and Hecla Case
Judge Lowell granted an injunction in the United States Circuit Court restraining Albert Bigelow and Hyams from contesting Calumet and Hecla Mining Company ownership of 2,601 Osceola Consolidated Mining Co. shares at the October 10 annual meeting. He will not issue a formal decree until the Michigan Federal Court decides that Calumet has the right to hold Osceola stock.
MENTIONED IN THIS ARTICLE
Calumet & Hecla
Fresten
Ort. S
Lowell
United States Circuit Court
Albert
Krech Denies Rumor on Steamship Reorganization
Alvin W. Krech chair of the bordhelders committee of Consolidated Steamship Lines denies the committee has decided to drop the Eastern Steamship Company in the forthcoming reorganization. The plan, drafted by the committee, has been assented to by all depositing bondholders and awaits sale of assets to operate. No sale date set yet by the United States Circuit Court of Portland.
MENTIONED IN THIS ARTICLE
A. W. Krech
Alvin W. Krech
Bordhelders Committee
Consolidated Steamship Lines
Fnally
Eastern Steamship Company
United States Circuis Coach
Portland
Also Mentioned on This Page
ICE Men
Colorado & Southern
Exchange Brown
Littlefield
Dresser
Daniel le Roy Dresser
Mercantile Trust Company
Financial District
Dressers Losees
United States Shipbuilding Company
Justice Thomas
Mineola
Frank Sullivan Smith
Congressman Kelcher
M. S. Decker
Canadian Line
Parkway Commission
Northpac
Julius Steghert
Louifs Stegbert
Charles L. Cohn
Alfred H. Tormley
Thomas E. Smith
Park Place
Textile Fabric Company
Paul C. Smith
Parke D. Whitten
Telegraph
General Market Report
Speath Bay
Country Produce Markets
Mina
California
Jay
Generi
Liverpool Cable
Goa
Resh
Heng
Toma
Chicago Grain and Provisions
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