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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Feb 14, 1906
Page
3
A long running dispute ends as Amalgamated settles more than one hundred lawsuits involving claims exceeding 50 million dollars. The deal releases valued properties for development and aims to place possession with key parties in Duluth and allied interests.
Across May and July futures the market showed weakness with wheat and corn steadying late. Primary receipts totaled over a million bushels with mixed oats and higher breadstuffs demand amid bearish pressure and cautious buying from merchants.
The Washington Produce Market reports steady demand and firm prices for fresh Virginia and Southern produce. Arrivals include apples, berries, potatoes, corn, and poultry with strict grading, strict inventory, and near-term price stability noted despite occasional fluctuations.
A fragmented market report details flour futures and corn shifts, with exports, receipts, and bids across multiple grades. It lists figures for corn, wheat, hay, and sugar notes, mentions vessels and Liverpool orders, and notes commodity grades and monthly timing, reflecting a busy trading sheet from Baltimore markets.
Grain notes from New York and Duluth describe export receipts totaling 9000 bushels for duckwheat and mixed grains, with 40 000 futures and elevator activity around 2 red percentages. The report cites weather impacts, weaker outside markets, and a softer corn receipts scene alongside option market easing for wheat.
Livestock trading shows steady to higher demand with cattle and hogs firm. Slaughter cattle and calves steady to higher, hogs up about 5 to 10 cents per pound, sheep and lambs steady with moderate activity. receipts for the day and forecasts for tomorrow noted.
Washington cattle market shows varied demand with hogs and sheep steady and calves mixed. New York Court of Appeals upholds Metropolitan Street Railway control scheme. Tennessee Coal Iron and Railroad enlarges charter capital to twenty million dollars, with common stock to be issued following January meeting in Trace City.
New York February 22 an attachment on property in New York City valued near half a million dollars owned by George J Gould Joseph Ramsey and William F Guy was filed by sheriff of New York County in a suit brought by John Stones to recover 166000 for services expenses and commissions in purchasing 18000 acres of coal lands in the south for the defendants The complaint says Gould managed the syndicate but neglected duties while Ramsey spent large sums without consulting Gould or Guy It adds Gould and Ramsey quarreled over leadership of the Wabash Railroad Company making concerted action impossible in running the syndicate formed in February 1962 for a three year term.
A New York official notice states American Telephone and Telegraph will issue 100 million dollars in gold bonds. J Morgan & Co leads a syndicate with Barings London and others to finance the expansion of the system and its subsidiaries. Payments will be in installments over two years ending June 4.
Cincinnati, Feb 1. Superior Judge Hosea sustains a demurrer to a suit by George Wofkins seeking to recover on a bond linked to Cincinnati Hamilton and Calston Railroad and to uncover stockholder liability. The case centers on alleged insolvency and discovery of holdings across related companies and government receipts and expenditures. Funds and receipts figures are noted but unclear.
In New York a perjury case against Col William PD Blinn advances to Justice McAvoy amid cross examination of handwriting experts including Albert S Osborne. Witness exclusion motions create tense courtroom drama as Mann faces scarce expert support. A Lincoln birthplace tablet bill is introduced in Kentucky’s Frankfort house.
Des Moines and New York proceedings center on alleged oil industry illegal combination. Attorney General Hadley and Deputy Rush Lake pursue deposition evidence against Standard Oil, Waters-Pierce, and Republic in Missouri and Iowa. One witness testified in New York as process servers sought adjournment.
The Baltimore and Ohio Railroad Company replies to the Red Rock Fuel Company suit alleging lack of Interstate Commerce Commission and federal court jurisdiction. It argues the commission’s findings are faulty and that Red Rock Fuel is not in the Fairmont district. The railroad also claims it is not a stockholder in the local coal company and that supplying Red Rock would harm existing developments.
Mrs Maude Henry of Toledo Ohio, taken unconscious from a Cincinnati sleeper yesterday, remains alive with hopes for recovery as she shows partial consciousness. The report traces her from Cincinnati to New York and Memphis California via Southern Bay Lynchburg and Bristol route detail.
In Cineago on February 13 two Swift & Co employees testified, repeating prior statements about government agents seeking information at the packers offices and how it was received. The court adjourned at noon with no longer session agreed, though Judge Mumphrey urged speeding up the trial.
Boston mass February thirteenth news reports Hanover Bank placed in receivership with Charles C Barton by Judge Braley of the state supreme court. The West Virginia corporation closed last week as insolvent with liabilities around 935 006. Vice President Foster Hooper was arrested about a week ago on a United States warrant from the district court of New Jersey charging conspiracy and fraudulent use of the mails.
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