Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1918-01-04
GOSSIP OF THE STREET
COMMITTEE NAMED TO CONSERVE
INTERESTS OF BONDHOLDERS
Bankers Who Promoted Issue of Pittsburgh
United Traction Form Protective Body.
Gossip of the Street


Company of Pittsburgh by the
prominent banking number of these
bonds in this little surprise as
scton along these similar
Informed quarters years ago
these bonds were considered
securities of that kind readily par
The" were at one time
In some quarters is
Washington Pittsburgh tho collision of ono
the cars OF subsidiary
work and in which many per-
severely injured had company in
announcing the default
due January l"iS in view OF the
,unquestonably be for.
given little attention to the statements tho com
in recent
we'll and while there
surplus was oeihs set aside each year
The Pittsburgh Railways subsidiary
pha COMPANY which controls virtually all
and around Pittsburgh well
and natural gas The principal
have been derived in the past from its natural
AS the notice to bondhoders
nouneed IN the bonds of other subsidiary railway of the %
phladelphia companys yes
terdaI' the Philadelphia Company getting underI
Speaking Philadelphia
ramifcations
lying securities and the Of interests of all kinds involved
chise and other
know what did did tola he
old days Pittsburgh when the politicians
tracks was wanted for King street they told that fran
ehiso could be given for King street but could
The
heavy physical
Pittsburgh
unusually heavy and dangerous is possible bcsdc that the extensions
to such faraway suburbs Homestead and Williamsburg for single fare
were operated a
however the personnel the bondhoders
protective committee
will be really considered From examination of the
traction Philadelphia Company
Market Auaits Presidents Address
Street who would
Congress railroad situation The fact that railroad secur
ties strong the market would favor at least no radical
change expressions
heard would enlarge his
proclamation the subject
Speaking conservative broker
break on the report OF some
be- but said anything which could be construed as in the
situation should come out there would pe
break from present prices
create trouble The from
of the administration bill which have
looked as &c all likely especially the pro
posed provisions the trading in railroad stocks
Administrator Hoover to control the grain situation
improbable in view of the enormous values repre-
IN railroad securities of the country
Financiers Foresec CONSUMPTION of Labor
this city who are of the opinion
big of the Administration wi" be the con-
scrpon broker remarked in this connection
yesterday conversation with English hpbud the
opinion that or ater-and sooner
rath thank aer-hs country must come to it,
and ammunition he said arc going to
although all will be needed but labor what Is gong TO
Then spoke and asked tho question which
Of listeners namely just what
oompers element of this country He waves the
pocam his patriotism and says there w DC
strikes have had strikes than ever
it,
supposing had labor conscrpon there would
take over the railroads by the
the railroad managemens all
of freight other traffic; but the 'r were % OF the neat
would take
thu heothers
the patriotic people OF
the general conscron that VIII
anvho ooanw work at u
of
the almost to
Government reached
and sent them back to work the yard
had quit
u s. Steel Opposes P0stponenent of Suits $50 Z.
involved the Governments antitrust
Court have objected
attorneys Among these the
contends decision should
unfair to the corporation its
stockholders nemorandum argues that
compelled to make and making