Interstate rate case hearings in New York court
In a U S circuit court hearing yesterday, arguments focused on issuing an injunction to suspend the Interstate Commerce Commission order reducing Buffalo to New York and Boston rates. The Erie Lackawanna lines argued the 11 to 13 cent scale was just, while the commission contended the 10 to 12 cent reduction was reasonable. The court debated authority to fix rates, with Judge Noyes pressing on whether the court has power to set rates.
MENTIONED IN THIS ARTICLE
Godses Lacombe
Ward
Noyes
United States Circuit Court
Yesteree Gecline
Magx
New York Central
Erie Oe
Pennsylvania
Lehigh Valley
Lacka
New York, New Haven & Hartford
Interstate Commerce Commission
Buffalo
New York
Boston
New York Central Lines
Wr Brown
Inter- Commerce Commission
Central Freight Association
Michica Millers
Eastern
Geore
Brows
Duluth
Minne
Mr. Brown
Northern Pacific Dividend Rumors Spur Market Action
Rumors of an extra dividend at Northern Pacific gain footing as stock spreads show a price gap between old and new shares. Market chatter cites a cash balance around 15000 dollars and suggests a decision may defy earlier opposition from officials. Strong voices in Wall Street imply conservative counsel may be overruled.
MENTIONED IN THIS ARTICLE
Northern Pacific
Ers
Wall Street
Snarelin Hi
Plans Emerge to Retire Southern Pacific Preferred Stock
Southern Pacific may retire its 14.5 million dollar preferred stock before July 1 if not, it would convert at par to common. Possible options include issuing bonds in exchange or calling the preferred at 115 cash, with decision overdue. Union Pacific holds much of the stock, making its disposition significant to both roads.
MENTIONED IN THIS ARTICLE
Southern Pacificpany
Cme
Cmpany
Southern Pacific
Union Pacific Railroad Company
Cornering Davis-Daly Stock Triggers Rough Curb Debut
Charles Morgan of Jahnson, Wood & Rogers endured a chaotic first day as curb broker amid a stamping mob of 211 brokers eager to buy Davis-Daly preferred stock. Despite hat knocking and battering rams, he kept his temper as the volatile issue was traded heavily before being dropped from curb listings. The stock, though short-lived, drew the day’s most active trading as old timers praised the broker’s pluck.
MENTIONED IN THIS ARTICLE
Charles Morgan
Jahnson, Wood & Rogers
Curb
Davis- Lely
Morgan
Iire
Devis-Daly
Lst
Harriman to Take Electric Roads Questioned
Reports claim H E Huntington will turn over California electric railroads to E H Harriman in January. Harriman says he knows nothing of the plan. Huntington not in city, but says the interests of his roads coincide with Harriman’s. Los Angeles area trolley lines tied to Pacific Electric and Los Angeles Railway, with Southern Company prominent in ownership.
MENTIONED IN THIS ARTICLE
H. E. Huntington
California Electric
E. H. Harriman
Harriman
Huntington
Usly
Huntingte
Los Angeles
Gan
Pacific Electric Railway
Los
Southern Tea Company
Huntsu
Plans for Bank of North America faces stockholder meeting
The National Bank of North America calls a general meeting today under Controller L O Murray. Receiver Charles A Hanna will hand over assets. Stockholders discuss liquidation or resuming business with possible $150 per share payout if liquidated, as key figures including Schwab Havemeyer Gates Flagler and O'Brien weigh plans.
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 May Head New Haven Railroad
Tim Byrnes, first vice-president of the New York New Haven Hartford, is reportedly to become president of the Boston and Maine Railroad. H A Fabian of New Haven may be named vice-president. At the Boston and Maine annual meeting nine new directors joined a sixteen member board, with Lucius Tuttle re-elected director. no firm president decision yet.
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 Recap Shows Earnings Dip
The Wisconsin Central Railway Company issued its year pamphlet for the year ended June 3. Gross earnings reached $7,307,311, down from $7,577,178 last year, while expenses rose to $5,130,643, $400,053 more than 1907. Net earnings were $2,176,648, and total income $2,227,238 with a surplus after charges of $351,009, equal to 2.8 percent of preferred stock, down from a $1,063,466 surplus last year. road total surplus stands at $2,203,386.
MENTIONED IN THIS ARTICLE
Wisconsin Central Railway Company
New York Market Report October 20 1908 Coffee and Cotton
New York markets show coffee easing with large sales and mixed Brazilian data while cotton rebounds on bullish bets. Coffee receipts total 111,000 bales with Sao Paulo rains and Brazil production unchanged. spot quotes ease. Cotton futures rise 2 to 8 points as traders cover shorts amid Manchester and European cables. spot prices advance with regional bids steady. Local cotton shows steady to higher pricing in southern markets and varied receipts through the day.
MENTIONED IN THIS ARTICLE
New York
Jundia
Sao Paulo
Rio
Santos
Hamburg
Havre
Cofa Een
Manchester
Liverpool
Gulf
Mobile
Savannah
Norfolk
Baltimore
Augusta
Little Rock
Liverpool Cabies
Lear
Theew York Produce Exchange
Chicago
Lisbon
Duluth
York
Philadelphia
Winnipeg
Mississippi
Bradstreet
Minneapolis
Buffalo
Liverpool Market Report Highlights Week Opening Prices
Liverpool October 20 closing indicating spot wheat and corn stable with modest futures quiet. Flour steady at winter patents. hops in London quiet. Beef, pork, bacon, lard and cheese prices listed with varied firmness and dull spots. turpentine spirits and linseed oil ease. Petroleum steady. rosin common steady.
MENTIONED IN THIS ARTICLE
Liverpool
London
Pacific Coast
Prime
Market Reports and Prices From The St Louis Market
A comprehensive price survey shows mixed demand across commodities. Leather steady with seller-favorable tones. syrups and molasses steady. metalssoft to firm with London upticks and local quietness. commodities like cottonseed oil linseed oil and pork futures show varied activity. Poultry and live hog markets depressed by high receipts, while vegetables and fruits display uneven pricing with onions cabbages greens and squashes fluctuating.
Market report on beans and butter prices for week ending Oct 20 1908
Week’s receipts show beans and peas totals with scarce marrow beans and steady to softening prices across beans, peas, kidney varieties. butter quotes ease with storage demand high and creamery items mixed. eggs and cheese markets show fluctuating activity while fruit markets report steady to higher pricing for apples and cranberries under cool weather. Strong entities include Beans, Butter, Cheese, Eggs, Apples, Cranberries.
MENTIONED IN THIS ARTICLE
California
Lima
C. Co
Western Imitation Creamery
fir _ Western
Europe
Liv Oal
State
Pennsylva
Usc
Mcintosh
Alexander
Gravenstein
Ben Davis
O King
Do Baldwin
Hubbardson
Holland
York Fppin
Anjou
Clairgeau
Livestock Markets Report From New York Trade 1908
New York stock agents report cattle receipts at 762 head with weak demand and limited shipments. dressed beef values steady to firm. Calves totals exceed 800 with veals in demand and grassers weaker. Sheep and lamb markets show light demand but steady prices, while hogs number about 3,385 with selling prices easing for medium and pigs. Sales by J G Curtis Son and other firms list varied weights and prices across veals, calves, sheep, lambs, and hogs.
MENTIONED IN THIS ARTICLE
Siaéa
Ohio
New York
West Reas
Laware
Niagara
Salem
Concord
Fey P S
Cape Cod
Do Jersey
Florida
Do Porto Rico
New York State
Pacific
Oregon
Sonoma
Cal
London
State
Pacific Coast
Express
Philadelphia
Pennsylvania
Michigan
Long Island
Lara
Beeves
Texas
Liverpool
Oceanic
Swift Beef Company
Morris Beef Company
J. G. Curts & Co
Andrew Mullen
S. Judd & Co
Jellife, Wright & Co
Newton & Co
West Virginia
Cattle Hogs and Sheep Prices From Chicago and Cincinnati Markets
Cattle receipts in Chicago estimated at thousands with steers around 7 to 7.50, cows from 3.20 to 4.55, bulls and calves mixed. Hogs estimated 23,000 head, prices down about 10 cents with heavy shipping at 6.73 to 5.75, light and packing hogs varied. Sheep receipts 22,000, market slow but steady with lambs about 4.25 to 5.75 and yearlings around 3.45. Cincinnati reports quiet hog market.
MENTIONED IN THIS ARTICLE
Newton & Co
West Virginia
Judd & Co
Virginia
Fred J. Kratz
Kerns Commission Company
LSID
Chicago
Cincinnat
East Buffalo
Kansas City
Sieber
Chicago Grain and Provisions Markets Turn Bearish
Chicago Oct 2 Wheat sentiment cooled amid drought relief in the Southwest and heavy short covering, closing steadier with December at 38 1/2 and May at 52. Corn and oats weakened under selling pressure from local traders, while provisions stayed steady after early losses. Wet weather looms for the winter wheat belt. receipts near 1.35 million bushels. cash grain mixed. near-term demand and export activity limited.
MENTIONED IN THIS ARTICLE
Chicago
Bredstreet’s
Winnipeg
Missouri River
Weather Bureau
Minneapolis
Duluth
Oklahoma
Texas
Gulf Ports
Also Mentioned on This Page
Railroads On Commerce Commission
N. P
Davis-Daly
Green Curb
Ing
Bank OF North America
T. E. Byrnes
Lucius Tuttle
Wisconsin Central
Consolidated Exchange Sales
Ingi Est
Balto & Ohio
Canadian Pacific
Ches & Ohio Ee
Chic Mil & St P
Col Fuel & I Sly Ants
Col Southern
Erie
Louis & Nash
Missouri Pacific
Norfolk & West
Rock Island
Ox Southern Railway
Bay
Tenn Copper
Third Avenue
Atlanta
Brunswick
Imperial
Diamondfield
el Paso
Gould & Curry
Goldfield
Goldfield Daisy
Red Hill
Louisville & Nashville
Mobile & Ohio
Central Branch
Assis
Texas & Pacific
Kansas City Southern
van Schaick & Co
United Railway
Norf Ry & Lt
Fidelity & Dep
Consol Gas
Maryland Trust
Nat Cent Ry
Toronto
Stewart & Lockwood
Exchange Place
Beaver
Little Nipiss
Buffalo Oe
McK-Derragh
Chambers
New Temiskam
Cobalt Central
Nipissing Concensa
Nova Scotia
Crown Reserve
Peterson Lake
Foster Aeee
Green Meehan
Kerr Lake
Trethewey Aan
General Market Report
Eischern
Svaeesense
Mpis
New Orleans
Standard Foundry
Cleveland
Northern
City
Calcutta
Omaha Park
India
South America
Brazil
Talmage
Charleston
Carolina
Patna
Rangoon
Ca Bros
Eagle
Centris Muscoy SY Test
Cuba
Maine
Jersey
Connecticut
Orange County
Maryland
Canada
Country Produce Markets
J. GQ
Curtis @ Son
Sa BiePherson & Co
Telegraph
Berkeley
Columbia
2D Street
West End Avenue
Hudson River
Columbia Crammar School
S3rd Street
Central
Par
West
Corne Harvard
Piiton
Yale Business
Hamiltok
West 81St ST
Cirty
N's Education Society
Hudding
Washington Square
Belletin
Ciry
Gardher
Nerrill-Van Laer
Gtrix
Feebles and Thompson
East Sith Street
N. Y
Carnegie
Phila
Yale
Prin
Concordvtilie
Berlitz School OF
Madison Square
Ite
Broadway
Harlem
Lenox Ave
127Th St
Brooklyn
Court St
American and Foreign Teachers Agency
MW J Young Fulton
Union Square
the Rivers’ Schools
Socrs
Leslie Rooms
West 83d Street
Chicago Grain and Provisions
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