Injunction Refused in Major Rail Rate Case
United States Circuit Court judges Lacombe Ward and Noyes refused to issue a temporary injunction to suspend the Interstate Commerce Commission order setting Buffalo to New York and Buffalo to Boston rates. The suits in equity against the commission continue. Arguments centered on whether current 11 cent rate to New York and 13 cent Buffalo to Boston rate, effective May 1, are just, amid a proposed 16 and 12 cent reduction, with central figures including New York Central and Erie Railway interests.
MENTIONED IN THIS ARTICLE
Judiges Lacombe
Ward and Noyes
United States Circuit Court
Yesteree
Magx
New York Central
Erieylvania
Lehigh Valley
Lackaan
New York, New Haven & Hartford
Interstate Commerce Commisson
Buffalo
New York
Boffalo
Boston
Esos
P. J. Bore
Brewr
Inter- Commerce Commission
Central Freight Association
Michizres Millers
Buftalo
Brown
George Stewart Patterson
Penn‘a
Northern Pacific Dividend Rumor Sparks Market Talk
Rumors of an extra Northern Pacific dividend gain traction after yesterday’s market activity. Reports cite price spreads between old and new stock and a possible $15,000,000 balance base as supporting evidence. Opposition by a key figure was reportedly overruled, fueling uncertainty about a payout this year.
MENTIONED IN THIS ARTICLE
Northern Pacific Cock
Well Street
Hie
Emerratiem
Rumors On Southern Pacific Preferred Stock Redemption
Rumors circulate that Southern Pacific Company may retire its preferred stock before July 1 TA. If not retired, the issue would become a permanent 7 percent ahead of the common and remain in circulation. Plans include exchanging for bonds or cash calls, with no immediate action due to a 18 month window to exercise redemption rights. Union Pacific role in final disposition noted.
MENTIONED IN THIS ARTICLE
Southern Pacific Company
TiSsigi
Southern Pacific
Union Pacific Railroad
Cornering Davis-Oaly Preferred Stock Trains Brokers
Charles Morgan of Johnson, Wood & Rogers endured a brutal first day on the curb as Davis-Lely preferred stock was fought over by a crowded mob of brokers. Orders from his firm aimed to buy all offered, but rivals pressed him hard, trampling and battering him amid a chaotic session. The stock later vanished from the curb list as Nippon boon era marred the trading, yet veterans called it the roughest initiative in memory.
MENTIONED IN THIS ARTICLE
Charles Morgan
Johnson, Wood & Rogers
Davis- Lely
Morgan
Elf
Denis-Dely
Harriman May Tie Electric Railways To Harriman Empire
Reported plan by H E Huntington to transfer California electric railroads to E H Harriman with Huntington’s influence fading. Harriman denies knowledge while Howington argues no need for a merger as routes share interests centered in Los Angeles. The Pacific Electric and Los Angeles Railway paths connect with the Southern Company stakes and Paragie capital holdings.
MENTIONED IN THIS ARTICLE
H. E. Huntington
California Electric
E. H. Harriman
Harriman
Howington
Hunting II
Los Angeles
Pacific Electric Railway
Méena Electric Railway
Southern * Company
Ong ‘Tock
W.F. Herrin
Southern Company
Los Angeles Railway Company
Paragie Capital
Southern Treton Company
Plans for Bank of North America stockholders meeting
Stockholders were summoned by Controller L O Murray to a meeting today at which Receiver Charles A Hanna will transfer the bank assets. Informal talks assess liquidation versus resuming operations with a decision expected today. Prominent holders including Schwab Havemeyer Gates Flagler Booth Carroll and O Brien pursue a plan to restart the bank. liquidation could yield about $18 a share to stockholders.
MENTIONED IN THIS ARTICLE
National Bank of North America
L. O. Murray
Charles A. Hanna
Robert M. Thompson
Himself
Charles M. Schwab
William F. Havemeyer
John W. Gates
John H. Flagler
Henry P. Booth
John F. Carroll
Morgan J. O'Brien
Byrnes Seen Likely to Head Boston and Maine Railroad
Timothy E. Byrnes, first vice-president of the New York New Haven Hartford Railroad, is reportedly to become president of the Boston and Maine Railroad. H. A. Fabian of New Haven may be named vice-president. At the annual Boston and Maine meeting nine new directors joined, including John S. Billard who acquired 110,000 shares. Lucius Tuttle was re-elected director and is generally expected to be re-elected president.
MENTIONED IN THIS ARTICLE
Timothy E. Byrnes
New York, New Haven & Hartford Railroad Company
Boston & Maine Railroad Company
H. A. Fabian
New Haven
John S. Billard
Wisconsin Central's Year of Earnings and Surplus
The Wisconsin Central Railway Company issued its pamphlet report for the fiscal year ending June 3. Gross earnings totaled 7,307,311 while expenses reached 5,130,643 and net earnings were 2,176,648. Total income stood at 2,227,238 with charges and rents deducting to a surplus of 351,009, 2.8 percent on preferred stock, against 1,963,496 previously. The road's total surplus is 2,203,356.
MENTIONED IN THIS ARTICLE
Wisconsin Central Railway Company
Atlanta
Blue Bell
Brunswick
Fm Chellar
Diamondfield
el Paso
Gould & Carr
Goldfield
Red Hill
Yellow Jacket
Cory
Owen
Louisville & Nashville
Mobile & Ohio
Miles Steere
Missouri Pacific
Central Branch
Texas & Pacific
Kansas City
Baltimore
van Schaick & Co
Wall Street
Cotton Duck United Railway
Norf
Lt &S
Lt & Power
GB & W T
Toronto
Stewart & Lockwood
Exchange Place
Beaver
Nova Scotia
Peterson Lake
Kerr Lake
Market Summary of New York Commodities October 20 1908
General market report from New York notes coffee and cotton fluctuations with mixed futures. Coffee eased late after open unchanged, amid large speculative positioning and rising Brazilian receipts. cotton rose, then slipped, with spot markets mixed and Liverpool cables indicating tensions. Wheat and grains showed liquidation pressure, with sharp intraday swings and broad overseas influence, while oats rye and barley traded with lighter activity and shifting cash prices.
MENTIONED IN THIS ARTICLE
New York
Sao Paulo
Ap Ayeeu
Aes
Rio
Europe
Santos
Hamburg
Havre
Otton
Wall Street
Snegrer
Manchester
Liverpool
Gulf
Mobile
Stec
Savannah
Norfolk
Baltimore
Augusta
Little Rock
Town
New Orleans
Wilmington
Galvaston
Memphis
St. Louis
Houston
Sis
Galveston
Cotton Exchange
Lear
Esse
Theew
York Produce Exchange
Lisbon
Duluth
Philadelphia
Winnipeg
Mississippi
Bradstreet
Minneapolis
Chicago
Buffalo
Market report 1 Live 1 Wheat Corn and meat prices
Live 1 reports closing prices for wheat corn flour hogs and pork in varied markets. Spot values are listed for wheat corn lard and bacon with futures quiet and December March May contracts noted. byproducts and oils show limited movement with hints of steadiness and dull spirits in turpentine and linseed oil.
MENTIONED IN THIS ARTICLE
London
Pacific Coast
Swady
Market summary of commodities and meats from a historical sheet
The market shows steady molasses and syrups with varied grades. Copper and lead move dull to steady. iron futures mix firm and quiet. Provisions rise on bull support with Chicago hog receipts noted. beef and lard steady to firm. Poultry demand weak with heavy week’s arrivals. fresh fowl and eggs see price declines. Vegetables show mixed movements. potatoes and onions softening, cabbage and cauliflower abundant, fruits and berries listed with regional quotes.
MENTIONED IN THIS ARTICLE
Seeee
Tate
New Orleans
London
Wit Standard Foundry
Cleveland
Northern
Standard White
Philadelphia
New York
City
Calcutta
Chicago
Kansas City
Omaha Park
India
Eastler
Middle Western
South America
Continent
Brazil
Talmage
Patna
Rangoon
Arbuckle Bros
Pri Ndhard
Bros
Cuba
Wil
Elx
Market Report of Beans Peas and Dairy Goods
For the week ended October 20 2008 the market shows receipts of beans and peas with imports and exports variably reported. Prices move with marrow beans kidneys and white kidney beans met with steady to falling bids while creamery butter and cheese show softer tones amid storage and export activity.
MENTIONED IN THIS ARTICLE
California
Lima
Europe
Liverpool
Pennsylvania
Ben Davis
Do King
Do Baldwin
Hub Lardson
Holland
Wall of York
Livestock Prices and Receipts from New York Markets
Livestock receipts for October 20, 1908 show cattle at 762 head with weak demand. dressed beef in fair demand. Calves total 824 head with veals in demand and steady, grassers weak. Sheep and lambs at 8,145 head with steady sheep and slow lambs. Hogs 3,585 head with easier tone. Prices listed per hundredweight and per pound for veals, calves, sheep, lambs, and hogs. multiple firm and auction sales by Curtis & Co., Judd & Co., Newton & Co., and others.
MENTIONED IN THIS ARTICLE
New York
Beeves
Texas
Liverpool
London
Dey
Oceanic
Swift Beef Company
Morris Beef Company
J. G Curtis & Co
Andrew Mullen
S. Judd & Co
Jelliffe, Wright & Co
SH Newton & Co
West Virginia
Cattle and Hog Market Report from Chicago and Cincinnati
Chicago trading shows mixed cattle and hog prices with steers at 4 40 to 7 60, cows 3 00 to 3 60, heifers up to 4 20, calves 3 50 to 5 50, stockers 2 50 to 3 75. Hogs estimated at 24 140 head, prices 5 10 to 5 75, packing hogs 5 23 to 5 45, pigs 3 00 to 4 50. Sheep receipts about 22 000, slow but steady market at 4 50 to 4 50 for sheep, 4 75 to 5 25 for lambs. Cincinnati hog market quiet and gamma? (Note: text truncated)
MENTIONED IN THIS ARTICLE
Newton & Co
West Virginia
Judd & Co
Virginia Lambs
Fred J. Kratz
Kerns Commission Company
Chicago
Cincinnati
East Buffalo
Kansas City
Semesen- Packers
Ard
Fiehr
Oeeg
Surniy
Chicago Grain and Provisions Markets Slide Amid Weak Corn
Chicago grain and provisions end the day with mixed to weak action. Wheat shows unsettled trading with late shorts covering, while corn and oats weaken on pressure from longs and a heavy new crop movement. Provisions slip early then steady as hog receipts support buying for local packers.
MENTIONED IN THIS ARTICLE
Chicreco
Sterdy
Bredstreet’s
Worl
Beatlords
Winnipeg
Northwest
Missouri River
Weather Bureau
Minneapolis
Duluth
Chicago
Oklahoma
Texas
Gulf Ports
Also Mentioned on This Page
Railroads On Commerce Commission
N. P
Davis-Oaly
Green Curb
Ing
Bank OF North America
T. E. Byrnes
Lucius Tuttle
Wisconsin Central
Consolidated Exchange Sales
Eale
Balto & Ohio
Uw US
Bklyon
Canadian Pacific
Ches & Ohio Eeecod
Chic Mil & St P
Col Fuel & Ir
Col Southern
Distillers Sec
Erie Caps Mead
Gt North
O'S
Louis & Nash
Sita
Southern Railway
Bay Tenn Copper
Third Avenue
Ray
Taton Pacific
Boo S
General Market Report
Wheaton
Ohio
Estern
Jaware
Niagara
Salem
Concord
Jersey
CRAN
Florida
Porto Rico
Jerney
New York State
I Coast
Oregon
Sonoma
Cal
de Gerrans
Michigan
Long Island
Virginia
Maine
State
Brussels
Connecticut
Orange County
Maryland
Charleston
Pwe
Ajiic
Hubbard
Marrow
Sgsic
Canada
Toledo
Country Produce Markets
Telegraph
Berkeley
Columbia
West End Avenue
Hudson River
Columbia Crammar School
Card Street
Gentral
Yale
Young Ladies—City
Woman's Legal Education Society
University Building
Washington Square
University
Gardner Home School
Werrill-Van Laer
Girin
Feebies and Thompson School
East Sith Street
Phila
Iifa
Ime Jarse
Larse
J Shortlidge
A M
Prin
Concordville
Boz
Berlitz School OF Languages
Madison Square Tilz
Broadway
Harlem
Lenox Ave
Brooklyn
Court St
Urs M J Young-Fulion
Orion Squat
Leslie Hrooms
West 83d Street
League Hall
West 126Th Street
Chicago Grain and Provisions
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