World Markets Open With Oil Strength Leading Early Losses
Trading on the New York stock exchange opened with oils dragging the market after initial gains. Major issues like Consolidated Gas, U. S. Steel, and United Cigar recorded declines, while steels and fats faced moderate losses. Liquidation broadened the downturn to the widest so far this year, with brief early recoveries in some issues and a sharp midday selling wave.
MENTIONED IN THIS ARTICLE
New York
Jan. W
Ann
Stock Exchange
Patroleno
Consolidated Gag
Stomberg
United Cigars
Steels
Feathory
Bkwbers
Teeadlona
United States
Ina. Era
Chicago grain and livestock markets slide and rise
Chicago grain shows mixed moves as early gains gave way to declines on reports of a free movement of corn in northern Iowa. Hog and cattle futures edge lower in late trading amid light demand while Liberty bonds advance in New York on ongoing market shifts.
MENTIONED IN THIS ARTICLE
Chicago
Towa
Chicago Livestock
United States
Committee of Five Pleads for Mooney Resolution Urged
Chicago January 17 The International Workers Defense League committee reported a grim plan to request federal intervention to free Thomas J Mooney. Four five person committees would be sent to Washington to press for action, with a referendum on a general strike planned for July 4. Some opposed the Washington appeal and urged a general strike on March 1 but were voted down. The referendum is to be completed by June 7.
MENTIONED IN THIS ARTICLE
Chicago
The
International Workers’ Diefense Jeagie
Thomas J. Mooney
Washington
Méoney
Hades
Lula
Railroadsdeny plans to force coal price cuts
Washington dispatch reports the railroad administration rejects any move to lower coal prices or reduce miners’ wages. Director General Hines states the policy will not relie on car rates to push prices down. The administration emphasizes coal pricing remains tied to the existing scale and purchasing agents are instructed accordingly.
MENTIONED IN THIS ARTICLE
Washington
Tan
Hines
Ge Railroada
French Steamer Chaprol Sinks After Mine Hit
Rome report says the French steamer Chaprol struck a mine in the Straits of Messina and sank within minutes. About 500 passengers, mostly Grenka, Serbians, and Tisslads, were drowned, with 149 survivors saved on board. Other ships report similar alarms and chaos in the same sea area as authorities verify the incident and ship details.
MENTIONED IN THIS ARTICLE
Rome
Chaprol
Straits of
Mesina
Oae
Grenka
Arraihet
Less Than Half Railroad Plans For 1918
In 1918, less than half of the authorized funds for railroad improvement were spent. About 60,000 dollars allocated for leading power expenditures went unused, while 40,600 dollars were expended in New England and surrounding areas, reflecting underinvestment in the program.
MENTIONED IN THIS ARTICLE
Wastmington
Suminisiencden
Degeurbay
Ireland
Sulenaiana
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