This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 16 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Apr 30, 1913
Page
12
Editor notes compare operating efficiency of Boston Elevated and Brooklyn Rapid Transit for 1902 and 1912. Brooklyn shows lower operating ratio due to more elevated subway traffic. Boston average fare in 1912 was 2.99 cents per passenger versus Brooklyn 3.77, indicating more free service from Boston.
The report compares the two lines on operating costs, maintenance, damages, and taxes. It finds Brooklyn more economical in 1902 with lower general costs and higher per passenger earnings, and by 1912 Brooklyn sustains a larger surplus while Boston reduces costs but gains less for stockholders due to higher taxes and liabilities.
The Directors of the Island Dress Coal Company declare a quarterly dividend of Bic per share on common stock, payable May 1, 1913, to holders of record at close of business April 26, 1913. F. W. Batchelder, Treasurer, Cape Breton Electric Company Limited, Sydney Nova Scotia. BTONE and WEBSTER transfer agents.
April 29 cotton trade opened higher but fell to yesterday's lows for old crop and new lows for new. May futures led with a strong premium over July amid overall market volatility. Weather outlook split with Texas and Western belt favorable while Eastern belt faced cool nights and below normal rainfall late in the week. Reports say May contracts buyers planned to ship to Liverpool with 16 000 to 18 000 bales of freight space engaged.
Boston plans a new national bank the National Port Terminal Bank with a proposed capital of $200,000. An application for a charter is filed with the comptroller of the currency, with Robert E. Croke handling negotiations and petitioners including John R. Murphy W. H. Bliss J. W. Brine M. Claring and A. L. Wilbur. If approved Boston would have 22 national banks and 23 trust companies.
At a special meeting the Fidelity Trust Company plans to open in the Board of Trade building about May 15 and increased its board to 40 members by electing John A Sullivan T F Boyle Joseph A Maynard Allen F Frederick Howard F Butler John H Blodger Frank K E Wright Gunther H Petrie and Charles H Dearborn.
Securities Corporation declares an initial quarterly dividend of 1 1-2 percent on preferred stock payable to stock of record April 12. Tennessee Eastern Electric Company sets June 1 as payable date to stock of record May 20. Hood Rubber Company proclaims quarterly 13 4 percent on preferred stock payable May 1 to stock of record April 30. Books do not close.
In the issue the bear party attacks Canadian Pacific, triggering a near seven point deficit and prompting liquidation moves. General Steel Corp reports disappointing quarterly net earnings while copper markets stay active but weak.
Yesterday's market totals show New York sales at 545000 and Boston at 30612 shares with Reading and Steel common the day’s most active issues. Year to date New York totals reach 30329000 shares and Boston 2112678, against last year's for both cities. Major gains include Laclede Gas in New York and Tamarack in Boston. notable losses include Fed M S and Calumet & Hecla. Call money ranges 2 3 4 to 3 percent in New York and 3 1 2 to 4 percent in Boston. time money 4 to 5 1 2 percent in New York and 5 to 5 1 2 in Boston.
Weak European markets driven by Austria's belligerent stance toward Montenegro hit the New York market hard with many stocks at year lows. International issues especially Canadian Pacific slid seven points while Steel, Har imans, Reading and Amalgamated weakened. The Steel Corp quarterly report showed earnings of 34.4 million, below forecasts. New York City bonds offered 4.5 percent, with 41-2s at 1001-2 when issued and under 101 expected due to money conditions.
Boston April 29 prices moved lower in early trading and stayed weak through the day. Copper and industrial shares led declines with Butte & Superior North Butte Amal gamated and American Zinc showing notable losses. Steel common fell from 60 to 58 1 2 closing 58 5 8 as Steel Corp earnings were revealed later, with a disappointing figure near 37 million dollars. Despite floods halting some plants the report was not as bad as feared and the market shows signs of possible rapid recovery from short interest.
payable at Office of State Street Trust Company Galveston Electric Company.
Majestic Copper and Alaska Gold divided honors with mixed trading. Majestic fell from 41c to 36c then rose to 42c before closing at 41c, while Alaska Gold faced persistent selling and declined to 111-2. Verde Extension, Butte Central and Mexican Metals noted as additional features.
Cash withdrawals in Canada totaled about 2 million dollars over the past two days as the New York exchange stood at a discount of 6 1 2 cents. Rates in New York funds held steady with 60 day loans at 4 percent and other periods at 4 to 4 1 2 percent. The report notes a likely further shift in foreign money markets tied to war developments and German gold strength.
Budapest wheat futures climb 134 amid war fears while Bradstreet reports a 16.4 million bushel weekly drop in European and North American stocks. Wheat futures swing from gains to losses as Paris and Berlin price moves ease. Minneapolis and Duluth receipts rise. Chicago car lots show mixed cereal demand.
Worcester County Massachusetts approves a temporary loan of 50000 dollars due October 15 to Loring Tolman and Tupper. Bidders included R L Day and Co Esta brook and Co First National Bank of Boston Curtis and Sanger Bond and Goodwin. No bids for 28000 4 percent Middlesex notes. Malden invites bids by May 1 for 100000 temporary loan due six months. AK Fitkins Co buys 2000000 first lien 6 percent sinking fund bonds of Interstate Electric Corp to acquire gas electric water works in Pennsylvania Iowa Missouri Texas.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.