Rail rate fight reshapes plan for railroad consolidation
Amid farm pressure and political opposition President Coolidge signals a shift from compulsory railroad consolidation to a broader transportation act reform. Senator Cummins drafts amendments proposing repeal of the guaranteed clause and restoring prewar rate fixing powers while Lafollette pushes a congressional rate standard to curb stock watering and alleged inflated valuations. The Federal Trade Commission backs immediate freight rate cuts citing high consumer price spreads.
MENTIONED IN THIS ARTICLE
Thas
Coolidge
Albert B. Cummins
Republican
Iowa
Senate
Interstate’ Commerce Committee
Cummins
Interstate Commerce Commission
Robert M. Lafollette
Wisconsin
Lafollette
Congress
Senate Committee
Federal Trade Commission
Cooldge
Stock and livestock markets drift in cautious session
United States stock prices showed small changes with Baldwin and Studebaker slipping, U S Steel and Crucible easing, and railroad shares uneven. Cleveland cattle and sheep markets were steady to strong while hog prices rose. Chicago grains opened steady to higher and liberty bonds posted varied quotes. Noon prices list broad securities with mixed moves across major issues.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Baldwin and Studebaker
U. S. Steel
Crucible
Stewart-Warner
Cleveland
Cnet
American Car & Fdy
Atchison
Thalamore & Ghia
Bethlehem Steel Prid
Inspiration Copper
Northern Pacific
Reading
Republic Iron & Steel
Southern Pacific
Southern Railway
Studebaker
Cnatra
Leather
Mul. & St. Paul
Neuctea Steel Oo
General Electric
Texas Company
Union Pacific
U. S. Ind
Utah Copper
Willys-Overland
Transcci
BPI
American Tobacco
Amelleta Etc Bane Sacco
Also Mentioned on This Page
Riday
the Chronicle
1Re Leger Aml
Sally Ann
Renouard
Kirk
National Biscwit
Campbell
Sunkist
Setsage
Frolcomb
THE
House OF Quality and Service
Doepker & Guthrie
Jersey
D&g
Stacy
Haserot
P.&g
Craters-Crullers
Doz
Oten
Clarence G. Dumas
United States
Cc. A. Norton
Hamburg
Vanes Tees
Lake Superior
W. River
Pri
Reublin Bros
Golden Santos
Jemima
Dre
York State
Zwe A
Sheeeeee
Graham
Limberg
Switzer
Sinclair Oil
New York Central
Chicago
Liberty Bonds
Pittsburgh
Kentucky
Congo
Pocahontas
Butter Horns
Quality Bakery
Broad St. Elyria, Ohio
Red Wing Mose Rose Morning Glory Crescent
Red Mill
Pillsbury
Red Mill Rancaxe
Red Mill Graham
Enonnes
Japan
China
Louisiana
Louisiana Iu
Globe
Globe Grocery Stores
Elyria
Ead
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