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Newspaper
Topeka State Journal
Location
Topeka, Kansas, United States of America
Date
Jan 29, 1904
Page
7
A state federation meeting of Commercial interests grapples with railroad rate policy and the influence of railroad commissioners in the coming political campaign. Delegates from multiple districts elected officers while debating how the federation should align on interstate commerce and rail policy.
Kansas shipper groups unite across the state to push for an elective railroad commission and fair rates. The 1901 law created a board appointed by the executive council, sparking fierce opposition from railroad interests and politicians. The 1903 push sought to shift power to the people, facing heavy lobbying and procedural hurdles.
Mrs Brown, market veteran of two years, announces a grand closing out sale starting Saturday at 9 a.m. with every item in stock offered for deep discounts. After February 10 the store will close forever, ending a reputation for bold advertising and reliable merchandise.
A Kansas federation urges non political action to curb railroad free passes and to press for strong anti pass legislation. It calls for candidates to declare positions on railroad law, requests legislators interview candidates, and cites Texas as example of stringent regulation. It warns that free mileage can sway elections and demands penalties for officers and employees accepting passes.
The Transcontinental Association set coastal to St Louis round trip fare at 70 dollars for Pacific Coast to St Louis, 26% for Pacific Coast to Chicago, with return via St Louis. Tickets require ten day limit, allow limited transfers, and include transit privileges. The group plans a Chicago meeting to approve rules and actions.
Copenhagen January 28 news notes the Danish Atlantic Islands association forming to mobilize national interest in outlying possessions and halt territorial sale. Nobility leaders push to retain the Danish West Indies, Greenland, the Faroe Islands and Iceland amid talk of selling lands and possible Canada purchase of Greenland.
Markets report active trading across grains and livestock. Native steers sold from 3.60 to 4.70, hogs mainly 4.65 to 4.90, while wheat and corn futures show strength from favorable foreign demand and war fears, with mixed receipts and steady to higher prices across futures in Chicago and Kansas City.
News notes a chaotic mix of livestock prices and receipts including cows, heifers, Texas steers, hogs, lambs, and pigs with market conditions described as steady to lower in places. Reports from Berlin cite German gunboat Habicht at Swakopmund and a press dispatch indicating tensions rise over colonial reports.
Kansas City report notes market activity and prices in the wheat sector with brief remarks on cash and futures movements. Details are fragmented but reference weekly settlements, trading desk notes, and local supply conditions affecting pricing dynamics.
New York stocks opened the year with a general downward drift as many issues fell from last year’s levels. Chesapeake and Ohio bucked the trend by a small gain while shares like Pacific Mail and Wabash preferred slipped. Bond trading was uneven and activity remained light.
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