Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-24
BANKERS DISCUSS RECEIVERSHIPS
4 OF NEW YORK'S STREET RAILWAYS
Strong Sentiment in Favor of General Increase in Fares
to Meet the Present Condition-Gossip
of the Street


There us is strong b rs0 M % in some quarters
that ovapiaizaton attempt to
wait for the slow legal process of through the courts "0"
of the largest public utility banking houses in the CITY, "E
Z ont the subject
railway companies which have
Increases
the cost of labor and materials of all kinds is one deserving
woe Woe . % 80 t hnnt barping more for its service or
has at least temporarily
will be difficult to raise money for any future Inn
will not be in
this kind without drastic change which VIII
investments made in this
neborough Consolidated Corporation
is only the latest result Of present co conditions % t. Soma form, s cosoe
service plan providing properties with
sliding allow reasonable
in Boston,
Cleveland, Youngstown ando communities"
Below are opinions of the lead
ing financial o week.
Guaranty Trust Compnyrhe
President Wilson, result of its investigator Oh reel
pros pro M I @ s ] Should have r its object on the one hand
the prevention equality treatment
for American citizens and on the other a
all countries to re-
cpoae effect 1t is suggested that
tariff policy of the country and with
the permanent
the Peace Conference
treatment from foreign countries
vide for such additional duties the
oon Of them should be left to the discretion of
Frazier Co-The tremendous activity in the stock market IN the
revival business near at hand
opinion however that the tide has not completely
become too enthusiastic until suc
actual orders begin coming in to the manufacturers w
country.
The placing of peg price On may
of the buy now that
they know the price absolutely all
yng the price set is too high
be definitely shown within the next two weeks
and and WILL % IN our r OPP Gp".on @ "o''"'s '"' ''0'S' VI
Brothers corhe market during the last week fairly
five weeks past but was
the sort of quality The gains this week We're IN the @ ma
OIL made
United Cigar Stores at 13S and Marine pre-
fed took another and West
kyocketins performances ard Industrial
Alcohol made the shorts squea as it climbed to 1 @ Dn @ % p 6
Superior and Oklahoma Producing and
which have yet scarcely attained to the OF w
s ne t 70 for nted States leadership were generously
International conditions
unsettled and the conflicts between
the point of disruption of
exist between the President
be disturbing factors
when securities have momentariS passed from | @ ~ ,hn m ,r
which, with the Victory Loan launching SO Ill"
Elliott Mann-Probaby American locality is as much
particularly passenger railways as
Philadelphia of several banking
firms this neshborhood has had tremendous investments IN % cor
shown losses but with many there has been
discouragng shrinkage in values
public misd sef-seeAns politicians
who to think the properties were built for
properties did cost something and that
wages and cars do cost more than some years aso:
opportunities
the underlying securities at third less than their
is nationwide sympathy with these utility
Edward o-Th
products
likely be maintained
for has stimulating effect on steel stocks This is favorable to
market the absence of adverse it believed that
improvement is likely continue
Hay Stuart prvawe service
Title Building
complain
the
will
large capacity for quickly absorbing
4
j. P Morgan Co. announced Saturday that arrangements have
been Railway
bonds
their
maturing bonds
privilege extending
"a the extended
paran
AS a
that organization.
active displayed
substantial
a
issued thst
This had steadying influence ever Liberties