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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Apr 24, 1913

Page

16

Henry Hornblower Elected Bank Director in Place of Weeks

Henry Hornblower was elected a director of the First National Bank to fill the vacancy caused by John W Weeks resignation. The Charlestown Trust Company directors voted to pay dividends quarterly instead of semiannually, with the first payment on May 1 to stock of record April 20, at 112 percent. The International Cotton Mills financing plan calls for 4 million five year six percent notes, 3 million cumulative seven percent notes, 8 million common stock, and 1 million cumulative seven percent preferred stock, plus 600 thousand as the seaboard of securities. Atlantic Gulf West Indies Steamship Lines stockholders vote to reduce par value of four subsidiaries from 100 to 50, cutting aggregate capital from 56 million to 28 million. American Type Founders stockholders increase preferred stock to 3 million, total common and preferred authorized at 7 million.

Henry Hornblower First National Bank John W. Weeks Charlestown Trust Company International Cotton Mills J. Spencer Turner International Corpora Atlantic, Gulf & West Indies Steamship Lines Clyde Mallory, Ward Porto Rico American Type Founders Company

Dividends Declared by Various Companies This Quarter

United Wire and Supply declares 13.4 percent quarterly dividend payable May 1 to stockholders of record April 22. Montreal Light Heat and Power posts 2.25 percent quarterly payable May 15 to holders of record. Columbus Gas and Fuel reports 1.25 percent quarterly. Norfolk and Western declares 11.5 percent on common payable June 19 to stockholders of record May 31. Cape Breton Electric semiannual 3 dollars on preferred and common, payable May 1 to record April 25. Pressed Steel Car Company posts 1.34 percent quarterly on preferred, payable May 41 to stockholders of record April 30.

United Wire and Supply Company Montreal Light, Heat & Power Co Payabe Columbus Gas & Fuel Co Norfolk & Western Cape Breton Electric Co., Ltd Pressed Steel Car Company BE Us Hata Eass Tosey Este Wea Tstves Etn Eee Ae Oateseeee High Point Atteneeneneee Low Point

Public Service Investment declares preferred dividend in Boston

Public Service Investment Company of Boston Massachusetts declares a quarterly preferred dividend of 1.60 per share to stockholders of record at the close of business April 15 10138. Stone & Webster transfer agents announce the payment date.

Public Service Investment Company Boston Massachusetts Stone & Webster

Amalgamated Copper declares 114 percent dividend

At a directors meeting of Amalgamated Copper Company a dividend of one and cent (114%) was declared payable in 1918 to stockholders of record on April 18 and at 6 o'clock. Secretary MERE signs the notice from 42 Broadway.

Amalgamated Copper Company Broadway Mere

Prices Decline on Light Trading in Yesterday's Markets

Total sales New York 152200 shares Boston 14381 shares. Reading leads New York with 34800 shares and New Haven R A leads Boston with 2139 gains. Year to date New York 28459200 shares Boston 2006661. last year 44737900 and 4595839. Major uptick Corn Products pref 6714, down General Motors pref 74. Call money New York 2 3 4 to 3 pct Boston 4 to 41 2 pct. Time money New York 4 3 4 to 6 pct Boston 5 to 6 pct.

New York Boston Reading New Haven R. A Corn Products General Motors Calumet & Hecla Wolverine Mining

Market Hesitation in Narrow New York Trading

The New York market shows a hesitant tone with few stocks moving more than a point from yesterday's close. Traders avoided bold bets as short interest looms, European buying wanes, and tariff bill outcomes remain uncertain.

New York Wall Street California New Haven Canadian Pacific United States

Boston Market Tumbles as Prices Decline Across Stocks

The Local Market reports a broad price slide in Boston with New Haven at 1093-4 and several majors hitting new lows. Granby shows relative strength finishing 65 from 63, closing 64 1/2 as overall tone remains weak amid shaken investor confidence.

Boston New Haven Boston & Maine Utah Consolidated Wolverine

Bond Market Notes Improve Tone in Early Session

The New York bond market shows a modest improvement with notable activity in Baltimore and Ohio convertibles, St. Paul general 448, Brooklyn Rapid Transit 4s, Wabash 4s, and Wabash Pittsburg Terminal firsts.

Baltimore & Ohio St. Paul General Brooklyn Rapid Transit Wabash Wabash- Pittsburg

Boston curb brokers close with mixed metal shares

A brisk session saw Utah Metals rebound to 1 dollar from 8 cents, Lion Hill rise to 71 cents, Nevada Wougins climb to 15-8, Bay State Gas steady near 17 to 18 cents, Butte London up to 25 cents, Ohio Copper easing to 97 cents, and Butte Central and Mexican Metals holding at 28-5 and 14-38 respectively amid fluctuations.

Utah Metals Mexican Metals Butte Central Bay State Gas Nevada Douglas Butte &London Ohio Copper Lion Hill Nevada Mexican Bohemia Bingham Mines Butte & London Calaveras Crown Reserve Davis Daly Wate First National Goldfield McKinley Dar'h Ag Ono

Market Stagnation and New York Central Debt Plans

Yesterday the market was dull with about 150000 shares traded and minor price rolls. New York Central faces near term debt of 50000000 due within 12 months, considering a long term mortgage bond to back a consolidated subsidiary structure and a potential issue drawing on convertibles less favored as stocks sit near par.

Misouri Kansas & Texas Pays High Rate for Money

The Missouri Kansas and Texas railway issued $19,000,000 of 5 percent two year notes costing the road over 7 percent after bankers discount. Fixed charges consumed 99.77 percent of income in the 1912 fiscal year, with only a slim cushion for the 4 percent preferred dividend despite a large February surplus. Baltimore & Ohio also reported a March loss in gross and net earnings, threatening eight months of prior gains.

The Missouri, Kansas & Texas Railway Baltimore & Ohio

Money Markets Show Steady Rates Across Time Money

Rates for 60 days stood at 4 to 4 1 4 percent with most periods near 4 1 4 to 4 1 2 percent. Ninety day funds were 4 to 4 1 3 percent while commercial paper traded 6 1 2 to 6 percent for top names. Call money ranged 2 3 4 to 3 percent, with the market buoyant amid strong commercial paper activity.

Call Miomey Cs Essce Egesnereres Comercial New York Bar Gilvers Serrers Ehsakgebe Suine

Protection is Urged in Memorial Resolution Reported

In the Senate yesterday the committee on federal relations reported a memorial urging action on proposed tariff changes and reciprocity, based on Governor Foss's message.

Senate Committee On Federal Relations Foss

Massachusetts Tariff Memorial Urges Protective Principles

The Massachusetts Legislature submits a memorial to Congress urging tariff revision based on protection. It urges a tariff commission, maximum and minimum duties, free entrance for raw materials, and genuine reciprocity tied to concessions, with hearings requested for New England mills and textile interests.

Senate House Congress of the United States Massachusetts Hiereby Eugene N. Foss Congress of the United States Legislature Congress Commonwealth United States Senate New England

Cotton Men Protest At National Association Convention

Members of the National Association of Cotton Manufacturers opened their Huntington Hall convention and drafted resolutions protesting cotton tariff rates to be sent to Congress.

National Association of Manufacturers National Association of Cotton Manufacturers Huntington Hall Congress

Cotton Manufacturers Protest Tariff Plan in New Underwood Bill

A North American cotton industry association denounces proposed tariff changes as harming cotton manufacture and labor. The resolutions urge protection through specific duties, oppose ad valorem rates, demand rate adjustments tied to import levels, and call for congressional modifications aligning with party platform.

Commodities and Atlantic shipping news at Boston docks

Dozens of vessels were tied up at the dock with high prices for fresh ground fish. Haddock and cod prices are listed, with tables of fares per vessel. ships arriving include the Allan Haner from Glasgow and Moville and the Norwegian steamer Ella with 14,000 bags of sugar. The revenue cutter Gresham arrived for repairs, while the Bucknall liner Karema fire was extinguished.

T Wharf Haddock Pollock Jessie Costa Mary Santos Eleanora de Costa Rose Dorothea Natalie J. Nelson Edith Silveira Ethel B. Penny Rita A. Viator Dixie Fitz A. Oakes Richard Nunan Adeline Mauphassett Laura Glasgow Moville Halifax N. S Governor Cobb Eastern Steamship Corporation Key West St. John N.B Ella Cardenas South Boston Motor Pennington Span Gresham Samuel B. Winram Baltimore New Haven Itasca Massachusetts Vineyard Sound Wilram Provincetown Bucknall Custom House McGoldrick Tug International Philadelphia Gloucester Gloucester Harbor Wyoming McLeod Norfolk Virginia

Shipping News April 24 Mini Almanac Highlights Tides and Arrivals

Sun rise and length of day noted with tide times. The column lists arriving ships including Revenue cutter Gresham and steamers Katahdin Macbeth Jacksonville through multiple ports. It also records sailings of Joseph J. Cuneo Baracoa M Herman Winter Newton Mills and more with barges and tugs in tow and vessels bound for Gloucester Portland Marblehead Lynn Newburyport and Philadelphia.

Gresham Wilram Baltimore Provincetown Katahdin Macbeth Jacksonville Charleston Rockport Reliance Merriam Newburyport Eureka Plummer Hercules Carlson Ipswich Lexington Nickerson Philadelphia Cobb Allan Key West H. M. Whitney Colberth New York Dingley Linscott Portland City of Gloucester Godfrey Charles T. Gallagher Pierce Pallas Ford Beverly Neptune International McGoldrick Pickering Buck Ridge Phoenix Lynn Menry Clay Marblehead Preston Edwin L. Pillsbury Swimm Cheektowaga Packer Perth Amboy N. J P. O’riorden Freeman Teaser Law Charles F. Pritchard Powel Honey Brook Tingle Port Johnson Paoli Oliver Devon Augusta Shamokin Mary F. Scully Gegg Norfolk Scully Felix Confidence Kemp Plymouth Ellen Little Rawding Sabine Texas Wyoming McLeod Brooks Wade Newport News Joseph J. Cuneo Baracoa Carib Herman Winter Newton M. H. Harper Iberts Point Malden Mills Nottingham Windermere Pallas and Neptune Coastwise Leader J. H. Winstead John T. Donohue Bath H. A. Mathes Salem Bayonne S. C. Go Conestoga Manheim Rutherford St. Nicholas Parkers Flats Haverford Radnor Wyonise Boothbay Harbor Stonington Vinalhaven Henry Clay Robert HH McGurdy Arroyo P. R

Also Mentioned on This Page

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