Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1913-12-31
BUSINESS NOTES

Washington special says payment TO
railroads for transportation OF mails
will be adjusted this winter upon a
basis more nearly commensurate with
work performed for the government.
Postmaster General BurlesOn assured
President Peters of Long Island railroad
and other railroad officials, that he
would send estimate to the house to meet
increased burdens. Estimates are near
~ So, 900 900 III excess of the amount ap
propriated for the present year.
Officers of international labor unions
having headquarters in Indianapolis
adopted Il resolution for removing their
deposits from the banks of that city be-
cause of attitude of business men toward
organized labor. Bankers say deposits
of the unions probably aggregate II, 900 :
00G, and that banks have anticipated
such action and are prepared for it.
Brooklyn Rapid Transit has placed
all its fire insurance amounting to So
0G0.00 with Lloyds of London. because
vi DTODOStu 1utICdSC III PREMIUM IQtCS
by New York Fire Insurance Exchange
Company eventually expects to carry its
own insurance.
Liverpool Journal of Commerce de-
%clares Atlantic rate war is imminent.
British and Continental lines are pre-
pairing to meet Hamburg Americans cat
in rates, and pooling agreement may not
be renewed in January.
American Express stock sold Thurs
day in New York at %, a low record of
twenty-five years. compared with 100 II
Wednesday, 1913 Monday and l0S a week
ago. Three years ago it sold at 300.
German and Prussian governments
are preparing to borrow another $751;
800 coo. %150.O00 600 on account Of PrllS-
STA and $3I.5OO 600 on account of the
empire.
Since the organization Of the Cali
fornia Associated Raisin company. last
spring. price Of the new crop has ad
yanced from 1 > 1 to Z - cents. Govern
ment investigation is to follow.
Big corporations in IEin0is have paid
into the State treasury 5000 600 in fees
in payment for increase of capital stock
aggrcgating approximately $500. 900 900
since Sept. 1.
Sweeping advance was made in burg
and surrounding territory. bringing
rates up to those of Chicago. highest il
the country.
Appraisal of property in Connecticut
of Pope Manufacturing company. now in
receivers hands, shows estimated value
Of $2,034 900.
Paris cable says market is demoralized
by successful bear raid on bank stocks.
Russian industrials and copper shares.
According to a Los Angeles paper, the
campaign carried Oh by the officers of
the Atclison. Topeka & Santa Fe. to
promote safety first and to induce en-
ploycs to Get the Safety Habit" was
duly impressed on about 1000 mechanics
recently ut San BernardinO. Cal. when
it was announced that several men had
been discharged for failure to observe
the Instructions 10 use the foot yiaduct
when crossing the switching yards.
A bill has been passed by the upper
house Of Congress to provide that suits
brought against q railroad or a common
carrier before either 4 state or q federal
court may not be appealed to a higher
court in ess the amount involved is
more than $1,000 The bill was reported
by the Senate Judiciary committee and
was adopted without debate.
Argentina SURPRISES Brazil in both
the number and the careful breeding Of
cattle. In the latter country the cattle
business in many districts has been kept
from becoming profitable by the lack of
reasonable railway rates. Shipment is.
therefore. conducted on n rather Limited
scale and driving from one point to an
other must often be escorted to-. 1t is
on.y i question of time before this
method Of bring the product to the mar
ket will be superseded by modern trans
portation facilities. Refrigerator cars