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This newspaper page contains 23 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 01, 1913

Page

12

Market Leaders Show Mixed Activity Across Exchanges

SFL continues market leader with 261,000 shares traded. Boston totals include 12,714 shares and 2,502 in steel. New York lists gain Nat Enam and S pfd, 2 to 80, while Rumley Co pfd falls 2% to 40. Calumet & Hecla rises 314 to 404 in Boston. Pullman drops 21% to 15134. Call money New York 2%4 to 2% and Boston 3 to 3% per cent. time money New York 3%4 to 6 per cent, Boston 6 to 6% per cent. Total sales figures shown for New York and Boston.

Boston New York Steel Common Nat. Enam. & S. Pfd Rumley Co. Pfd Calumet & Hecla Pullman Call Money Time Money

Wall Street Faces Subdued Session Amid Manipulation Talks

New York market sees limited moves as a clique-driven pattern dominates trading. Initial gains fade with steel and Union Pacific showing strength before late declines, while Canada Pacific and Southern Pacific drift. Total sales reach 1.44 million dollars in a flat closing session.

Copper advances as Lake strike affects market

The Boston market closes July with copper at 1514 cents amid strike spillover from the Lake district. Demand remains fierce as buyers seek immediate delivery while producers run tight stocks. Calumet & Hecla, Butte & Superior, and Island Creek show gains. Steel and New Haven issues lead activity. brokers trade heavily in New Haven rights.

Boston Lake District Boston News Bureau Calumet & Hecla Butte & Superior Island Creek Steel Common New Haven

Boston curb prices show Mexican Metals at 56c peak

Official sales show Mexican Metals trading on the curb with a high of 56 cents and closing near 8 cents. Butte and London metal activity ran around 25 cents as market notes summarize yesterday's curb action.

Butte & London Bay State Gas Calaveras Zi Cortez Wee Tos Corbin Zone Davis Daly First National Eppes Ne Majestic

Bond Market Quiet As Government Bonds Hold Steady

United States Government bonds closed unchanged amid a firm tone in the general market. Key issues traded included Erie bonds, New York New Haven Hartford convertibles, Baltimore & Ohio 4s, and Seaboard Air Line adjustments. Total sales reached 31,181,000 with weekly figures showing a mix of gains and declines across rail and steel issues.

United States Erie New York New Haven & Hartford Baltimore & Ohio Seaboard Air Line

Blackstone Valley Gas Electric To Hold Special Aug Meeting

A special meeting of Blackstone Valley Gas and Electric Company of Pawtucket and Woonsocket Rhode Island is called for August 12 to vote on increasing stock by 250000 dollars in preferred and 250000 dollars in common, raising totals to 1350000 dollars preferred and 2250000 dollars common. La Salle Copper Company reports a six month loss of 87855 dollars ending July 1. British American Tobacco stockholders approve capital raise to 14500000 pounds by issuing 9500000 pounds ordinary shares existing with current ordinary shares.

Blackstone Valley Gas & Electric Company Pawtucket Woonsocket R. I la Salle Copper Company British-American Tobacco Company

Bond market notes on state and railroad issues

Foxboro Mass awarded 15000 4 1 2 per cent bonds dated Aug 1 1913 payable 1000 annually 1914 28 to N W Harris Co Blodger Co also bid. Illinois Central 5 per cent equipment trust notes 3 500 000 offered by Kuhn Loeb Co purchased yesterday by Lee Higginson Co and Kissell Kinnicutt Co.

Foxboro Mass N. W. Harris & Co Blodger & Co Illinois Central

Investment bankers see strong demand for new bonds and convertibles

The syndicate to underwrite a 67 million dollar New Haven convertible bond issue attracts applications exceeding the target. Demand for 6 percent convertibles vs lower rate bonds grows. Pennsylvania’s July 80 payout set a record dividend, with 4 244 being paid to the largest stockholder base, and total distributions near 425 million since inception.

New Haven New Hope Pennsylvania Boston & Maine

Explanation of Bay State Railway June Quarter Expenses

The Bay State street railway shows a $208 284 rise in operating costs and a $212 889 drop in net income after interest and charges. Maintenance costs rose $99 000 from a year earlier, fixed charges up $98 000 with about $75 000 for added taxes, and wage costs for conductors and motormen increased by $107 000 in the year to June 30.

Bay State Street Railway

Government Funds to be Placed in Banks to Move Crops

Secretary McAdoo will deposit 25 to 50 million dollars of government funds in national banks across the South and West to aid crop movement. Bonds and prime collateral will be accepted as security with banks paying 2 percent interest.

Washington South McAdoo

McAdoo Seeks Small Bank Deposits Policy to Ease Money Stringency

Secretary McAdoo outlines a policy to counter looming money tightness as a large harvest nears. He says government bonds will be accepted at par as security for new deposits and banks must have at least 40 percent of their authorized circulation to access added funds.

McAdoo United States

City to Extend Street Lighting Contract Amid Gas Firm Vote

Commissioner Louis K. Rourke will grant an extension to the Rising Sun Co for city street lighting while the Council considers a new contract with Consolidated Gas Co. If approved the gas firm would subcontract to Rising Sun, lowering lamp prices from 23.60 to 21.50 per lamp.

Louis K. Rourke Rising Sun Company Woln Rourke Consolidated Gas Company Council

Promotions on Albany

Walter A Barrows of Newtonville is named general passenger agent of the Boston and Albany railroad succeeding the late A S Henson A E Allen of Newton is appointed assistant general freight agent in Barrows place Both men have long B and A service and extensive traffic department experience Their promotions recognize their good service to the road

Walter A. Barrows Newtonville Boston & Albany Railroad A. S. Henson A. E. Allen Newton Barrows B. & A. Road

Complete Tour of Hospitals Highlights Crowding

A House special committee completed its tour of tuberculosis hospitals visiting the Boston Mattapan institution and the Lakeville state sanatorium. Both facilities reported crowding and long waiting lists for treatment as the committee surveyed the system. The Boston Matapan $400 000 facility impressed members, guided by Dr Simon I Cox superintendent.

House of Representatives Boston Mattapan Lakeville Simon I. Cox

Hank the Hermit and Tyjun Braves Boost Sunday Fun

In the comics page Hank the Hermit and the Tyjun Braves provide lighthearted entertainment for readers of the Sunday Post. The panel duo script playful antics and cheerful scenes to kick off the weekend.

Hank the Hermit Next Post

Lobby Probers Hear Mulhall In Testy Senate Probe

In Washington on July 31 the Senate investigating committee heard cross examination of alleged lobbyist Martin M Mulhall for the National Association of Manufacturers. The session featured frequent clashes among counsel and committee members as about 116 questions were posed over five hours before Chairman Overman.

Washington Martin M. Mulhall National Association of Manufacturers Senate Mulhall Overman

Mulhall Testimony Sparks Row Over Cross Examination

In a tense session, Robert McCarter and James A. Wmn ery were denied direct cross examination but could pose questions from witness replies. Senators Reed Walsh Cummins Nelson clashed yet restored civility. Mulhall pressed for counsel, threatened jail, and drew warnings from Chairman Overman before the session adjourned amid attacks on his narrative by the National Association of Manufacturers' lawyers.

Robert McCarter James A. Wmnery Association Reed Walsh Cummins Nelson Mulhall National Association of Manufacturers Overman National Association of Manufacturers’ Attorneys

New Haven Sells Its Trolleys Through Private Stock Sale

The New England Investment and Security Company has confirmed it owns the stock that carries the voting power of the New Haven trolley line. The stock was purchased not from the city but from private individuals, transferring control through private sale.

New England Investment & Security Company New Haven

Trolleys change hands in bold New England deal

Sanderson Porter of New York bought a majority of common shares in the New England Investment and Securities Company. The trustees named include Henry L. Higginson and J. T. Harner with A. W. Damon, C. E. Ware, Bentley Warren as directors. The purchase covers most western Massachusetts New Haven trolley lines except Berkshire Street Railway and may lead to new directors and continued operation of the lines.

Sanderson & Porter New England Investment & Securities Company Henry L. Higginson Boston J. T. Harner A. W. Damon Springfield A. G. Bullock Worcester C. E. Ware Fitchburg Bentley W. Warren Harner Warren New Haven Massachusetts Berkshire Street Railway Worcester Consolidated Street Railway Springfield Street Railway Milford Attleboro

Bankers Proposed as Advisers in Currency Bill

Washington reports show the Glass currency bill advancing in the House banking committee. An advisory board of 12 bankers would regularly consult with a new Federal Reserve Board. The committee carried over action on interlocking directorates while also planning a currency caucus for Aug. 11. A demand arose for an investigation into McAdoo’s charge that New York bankers seek to depress 2 percent bonds.

Washington House Committee On Banking and Currency Glass McAdoo Democratic Conference Federal Reserve Board A. Mitchell Palmer House Committee New York Neeley Kansas

Produce wagon blocks car tracks on Mystic avenue

An inbound and outbound Elevated track on Mystic avenue near Union street Somerville were blocked for about half an hour last night after a two horse produce wagon tipped over scattering goods. A wrecking crew cleared the scene.

Mystic Avenue Union Street Somerville

Knox Touring Car for Quick Sale After Move

Nearly new KNOX touring car price slashed from 3450 to 1300 cash. It has 6000 miles, tornado body, 40 hp, full equipment and extra shoes. Owner leaving area seeks fast sale after large sacrifice. Also wanted rear axle and transmission in good condition at 869 Widen St Cambridge.

Knox H. P the Post Hié4 U. P Widen St Cambridge

Proposals for water pipe on South Main Sharon Mass

Water Commissioners invite sealed proposals to lay about 4200 feet of 6 inch pipe on South Main Street Sharon starting opposite Norfolk Place to Amos H Whipple residence. Bond of 1000 dollars or cash security required. Proposals due noon August 13 1913 with right to reject all bids. Also unrelated 1913 to 1918 depot solicitations and bids for ponchos gloves shoes and electric motors listed.

Town OF Sharon South Main St Mass Water Commissioners South Main Et Main St Norfolk Pl Amos H. Whipple Board of Water Commissioners Pettee & Colburn EB. E. Farnham South Main Street Lower Town Hall D. Webster Phtter Ralph ©. Brown Timothy F. Quinn Depot Quartermaster’s Gray’s Ferry Philadelphia G. Ler Irwin Summer St Boston New York Chicago St. Louis San Francisco Quartermaster Corps U. S. Army George B. Davis Sixth St

Also Mentioned on This Page

SFL New York Market London Canadian Pacific Steel Union Pacific Amalgamated Reading Hich Lowaw Procks Loco Ieee Smelt & R At&sf At&se Atl C Line Bast Ohio Bklyn RT Pia Eves RR Cal Pet Corp Ebaae Ee & Ohio Deere & Co Erie Ist Goodrich BF Mackay Sjaiela Nynh&h NY Ont& W Southern Wes Neers Esas Patrere Ao Ree Penn Sl&sf South Pacific U S Rubber U S Steel U S Steel P Utah Seo Westinghouse Woolworth Boston Stocks AT & T B&q Alaska Allouez Ag Ch Tel & el Amoskeag Arizona Atchison Paiese Bos Elevated Bos & Albany Bos & Maine Bos & Maine P Butte & Sup Cal & Arizona Cal & Hecla Chino Eee Ee Miami Nevada Co NY & NY NY & NH Sup & Bos Swift & Co United Fruit U S American Public Utilities Co H. L. Nason & Co Congress &i York Curb Engle Am Oil Braden Corper Brit Am Big Four Consol la Rose Manhate Transit Mines of America Nevada Hills Standard Oil N. J Usl&h Money Markets Hare CeLaw i Rosen Saou Bankers’ Sterling Seereseee Ccccveierenytesee Ves Pyne Eo Reichamarks Paige Vale Eee Ae Minneapolis Duluth St Louis Kansas City Toledeney Detroit Temiskam Oy Blue Bull Trethewey Boot Wettlaufer Big Dome Dobie Dome Lake Florence Fol O'Brien Bel Hollinger Daisy Gold Chain Canadian Gr Cent Chamber Iron Bros City Ig Sa King Wm Cobalt Lwr Sing 'S Coniagas Mason Val Crown Res Foster New Hills Gifford Opohongo Great Prince On Wilbert Rochester Silver Leaf Chicago Market Armour & Co At&s Beth Eklyn Bar Indiana Steel It & S Iowa Pitts L. J Cai Was & I Cahaba Vv Minne Lake Liggett Biel SOM Agi Fisheries P Tool Na Carbon Pn Tool Rotb'k Swit & Co Stees T&t Ly Aale ADI sTock Exchange Bon Istil Decriss Am Alton Gal Lien Eerste Dé Ceeees Seer Erie Cvt Sveeee Erie Vis Erie Penn Norf & W North Pacific Rhea East L& P Pacific T & Rt Lee Esfela jPeville So Pacific Texas & P Union Pac Oe U5 Seeree Maryland Atho Lst Philadelphia Market Ask ‘ Am Rys Ie My Cam Ja Steel Penn Salt Phila Co Phila RT Phila Trac Belmont Metal Markets Tin Yesterdaes Seay Cape State Street Bay State Railway Rising Sun City Albany Eebeenes Van Jdan Fay Chao Cav Risa A Tn Oscar Jones Low Point Charles $. Mellen New England Investment & Security Co YT Wharf Frances S. Grueby Georges Browns South Channel Grounds Nickerson Rebecca Manamet James Esther Mary BK. Sennett W. H. Reed F. J. O'Hara Haddock Cod Hake Pollock Ripple Travir Rose Dorothey Edith Silveira J. O'Hara W. A. Morse H.S. Chast Howard Naneric McLean Mystic Wharf Arabian Cape Sable Cape Cod Leyland Line Kingstonian W. Kerruish Hoosac Docks Seth W. Rogers Doane Lewis Wharf East Brookline Street Rogers Liverpool Onenssa Or York City of Halifax Federal St Shipping News Zuiderdyk van Dulken Rotterdam Calcutta Colombo Kasenga Elford Algiers Simms Yarmouth N. S Cobb Allan St. John N. B Eastport Portland Chase Norfolk Bay Port Beranger Newport News Lynn Pathfinder Baker M. E. Harper Smith Lambert's Point Joseph W. Foreney Keene Baltimore Colberth Ransom B. Fuller Linscott Camden Brown Bangor City of Gloucester Linneken Gloucester Valley Forge Lablich Paxinos Daniel Willard Undercliff N. J Marion Oakland Pittston Edwin L. Pillsbury Swimm Dora Bronx Greenwood Quenna Bowitt Wyoming Clark Perth Amboy Thomas J. Scully Pateman Shenandoah Thibodeau Princess Blinn Brighton Singleton Palmer Bowen Sadie A. Kimball Kent San Jose Port Limon Mercedes Clementsport Ulva Lunenburg Sosua Nor Puerto Barrios Gaet Verona Puerto Plata N. Y Calvin Astin Juniata Grecian Tensell Tampa Hu If Dimock H. A. Mathes James Woolley Alice Salem Scranton Annie Salmon River George M. Warner Ethel F. Merriam Ipswich George P. Hudson Magnus Manson Frances V. Sawyer Charleston Lyon Tuc Sadie Voss W. E. Chandler Boylstosst Reyting Gen. Auto Co Stynhope Tel Tremont Carl Trem Edgewood ST Rox Stmors Sumner Street Geo. B. Davis Wederal Hardware & Electric Co Wederal St
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