Business Better in All Lines
Bank examiners report to controller show stabilization across sectors as economy improves. Industries aided by wartime demand help offset earlier downturns.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Apr 09, 1915
Page
1
Bank examiners report to controller show stabilization across sectors as economy improves. Industries aided by wartime demand help offset earlier downturns.
National Bank Examiners report marked improvement in business across most lines with eighty of ninety examiners noting permanent gains. Maine is cited as the sole state with real low mood, according to Treasury Department disclosures dated April 8.
The announcement notes widespread hopelessness in most districts yet sees general agricultural strength and expanding commercial activity. Manufacturing is rising, with orders from foreign buyers keeping demand high, while some areas prepare for increased activity with better weather.
London April 8 nine crewmen on the Grimsby trawler Zarina were killed or drowned after an explosion in the North Sea. It is not yet known if a mine or submarine caused the disaster.
Fifty years ago today events marked a turning point as Civil War surrender at Appomattox Court House and the Civil Rights Act of 1866 moved through Congress. The note recalls the surrender and landmark legislation shaping postwar America.
Forecast for Boston and vicinity calls for fair conditions Friday and Saturday with moderate temperatures and light variable winds. The report from Washington dated April 8 notes England and the East with the forecast for New York and surrounding area as fair Friday.
The article argues the captain acted with a perfect right to sink the vessel and cargo, but notes the 1799 treaty between Prussia and the United States supersedes the law in this matter.
Miss Mary C. Thomas, president of Bryn Mawr College, is to receive the bulk of a 10 million dollar estate left by Miss Mary Elizabeth Garrett, daughter of John W. Garrett, in a will probated in Baltimore. Police say a gunman, suspected in earlier robberies, was thwarted by a woman during an attempted hold up at a West Roxbury store.
Germany formally replies to the United States over the William P. Frye loss, affirming liability to compensate the owners under old treaties. Berlin cites 1799 and 1828 terms and notes a prize court must determine ownership and cargo details before payment.
Dennison Manufacturing unveils a profit sharing plan covering 2400 workers. All employees earning over 1200 annually receive common stock, while present stockholders get 8 percent preferred stock without voting rights. If dividends lag, preferred stockholders may manage temporarily until their dividends are paid, then control returns to employees.
The Supreme Court this week dissolved the Dennison Manufacturing Company allowing a Massachusetts corporation worth millions to transfer its property to 2400 employees through a profit sharing plan more radical than Ford’s.
Captain Robert R. Perry of the Somerville police petitioned the Board of Aldermen for back pay from June 1914 to his reinstatement 10 days ago. The request, filed through counsel Edwin P. Fitzgerald, was referred to the public safety committee.
Paul Waitt Patterson reports a Sunday address drew thousands as doors filled and seats were occupied an hour before the service began. The crowd pressed inside the tabernacle with runways jammed and onlookers outside, marking a strong show of sway from Sunday during the campaign. The same period reveals Bay State street railway spent nearly $300,000 on legal services over four years, with $42,000 in retainer fees to the law firm led by J Otis Wardwell.
The Easter opening meeting drew an attendance and enthusiasm Paterson had never seen before. Sunday's topic was Home Sweet Home. Paterson soared to a dramatic climax with a vivid funeral procession of John Howard Payne, the author of Home Sweet Home, while the speaker stood motionless with arms outstretched.
A total of $111,652.24 was paid to Currier Rollins Young Pillsbury as retainers and for services, the largest single item in the figures presented. Guy Currier, a former Senator and Boston lawyer, heads the firm as associates, a corporation counsel, a former railroad commissioner, and a clerk in a Superior office are mentioned.
A young robber entered H F Corcoran's wholesale liquor store at 14 Third Street South Boston just before closing and aimed a revolver at the clerk The plan collapsed when a customer entered prompting the thief to flee and police were alerted.
Miss Thomas acts as residuary legatee and executrix with Johns Hopkins University as fallback if conditions are breached. Bryn Mawr College gains no bequest though an understanding with Miss Garrett benefits the college. Garrett estate centers on realty in Baltimore city and counties plus inherited stocks from her father.
Albany April 8 The State Senate approved by 27 to 1 a bill to raise maximum weekly hours for women and minors in earning establishments from 66 to 72. The Assembly had approved it last week and it moves to Governor Whitman. Every Democratic senator present and five Republican senators voted against it.
Charles Sidlauskas national treasurer of the Lithuanian relief fund received a letter from Dr J K Basauvacius of Vilnor Lithuania acknowledging $1100 sent by the Russian American line on December 28. The fund now totals more than $13,000.
In a lone store near the Dedham line at 5:49 PM a quiet robbery attempt occurred. Mrs Khouri lunged at the gunman and held his wrist as he aimed at Khouri. he fled as George Hackel joined the pursuit, police contacted.
The German position argues Frye's cargo of wheat is contraband as it was consigned for orders to Queenstown, a fortified British port. The U.S. claim covers vessel owners only, with the issue to be developed in prize court. Continued on Page 15 First Col.
Thirty thousand people paid silent tribute as Curtis Guild lay in state in the Hall of Flags at the State House. The crowd reflected broad affection for the governor, soldier and statesman, with one chant: Everybody loved him. Funeral services were to be held today at Arlington Street Church with many dignitaries and friends expected to attend.
Yesterday's tribute by the people honored Curtis Guild with a state pause in all branches of government. Governor Walsh joined mourners as the militia accorded full honors and flags flew at half staff across the city. Thousands filled Beacon Hill and streets for the bier and cortege from morning until late afternoon.
President Wilson sent birthday greetings to King Albert of Belgium by cable from Washington on April 8. The message read in part Let me extend on this occasion of the anniversary of your Majesty's birth greetings of friendship and good will. Woodrow Wilson.
The Post reports discount carload lots sold direct from mine to consumer at mine prices, addressing TT 124. The notice highlights bulk purchase options and potential savings for buyers.
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