Clearing House Certificates Authorized Amid Bank Reforms
The Boston Clearing House Association moves to issue 7.3 percent loan certificates backed by bank collateral as part of emergency currency measures. Resolutions mirror 1907 actions with a five member committee to approve collateral and a pro rata loss provision for banks. Banks will issue certificates in 5000 to 25000 dollar units to ease balances, while New York faces tighter liquidity and a stalled stock market.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
Philadelphia
Clearing House
United States
Boston Clearing House Association
Clearing House Association
Stock Exchange
Bankers Seller Philipps Co Leave of Absence With Pay
Sellers Phillips and Co bankers announce entire sales force granted leave of absence with full pay while financial situation clarified.
MENTIONED IN THIS ARTICLE
Sellers, Phillips & Co
Grain market snapshot with wheat and corn quotes
Wheat prices for No 2 red to Northern Spring and No 2 hard Winter range from 84 to 97 cents with occasional $1.44 readings. Corn reports No 2 white and yellow values around 75 to 78 cents, with No 3 and No 4 grades near 74 to 78 cents. SEPTEMBER WHEAT figures list outside markets and closing ranges, reflecting varied bid asks and spot movements.
MENTIONED IN THIS ARTICLE
Cocci
Tao Ert
Esate Sa
Boston Exchange nominees named for year officers
The Boston Stock Exchange elected a nominating committee for officers for the ensuing year. Members include Winthrop Brown James A Burgess Frederick N Dabney G Frederic Gridley Frederic C Haskins William H Seabury and Harry K White. The panel will report by late August with election set for late September. Walter Harvey Weed urges deeper sinking at Butte Ballaklava to unlock higher tonnage while funds are tight. Miami Copper produced 3 257 300 pounds in July up from 2 890 000 in July 1913.
MENTIONED IN THIS ARTICLE
Boston Stock Exchange
Exchange
Winthrop Brown
James A. Burgess
Frederick N. Dabney
G. Frederic Gridley
Frederic C. Haskins
William H. Seabury
Harry K. White
Walter Harvey Weed
Butte-Ballaklava
Weed
Miami
Water front rush as fishing boats return to Boston pier
Ten groundfishermen arrive with large fares while two swordfish vessels, the W. H. Reed and Paul Revere, report 27 and 21 fish. A dozen mackerel ships supply abundant tinkers and mediums. prices for haddock cod hake pollock and swordfish steady as steamer Bixaola passengers receive European war updates. The Sixadla unloads bananas pineapples and cigars.
MENTIONED IN THIS ARTICLE
W. H. Reed
Paul Revere
Pinta
Lois Corkum
Joanna
Bethulla
Ethel
Robert & Edwin
Orion
Bonita
Bessie M. Dugan
Mary Ruth
Haddock
Gertrude de Costa
Waltham Vares
Philip P. Manta
Gladys
Nellie
Manhasset
Bocas del Toro
Havana
Boston
Europe
Sixadla
Shipping News Arrived and Sailed by Multiple Steamers
Shipping news lists numerous steamers and tugs arriving or sailing, including Canadian, Thorn, Evangeline, Boxer, Gwalia, and Prince Arthur, with routes via Barbados, Havana, Norfolk, New York, Portland, and Halifax. Barges and tugs are noted with associated lines and ports such as Catawissa, Pest, and L. & W. Nos. 2 and 14. The long cargo movement includes schooners Northern Light and Little Ruth among many others.
MENTIONED IN THIS ARTICLE
Canadian
Bullock
Liverpool
Manitou
Tribe
Antwerp
Horatius
McMahon
Buenos Ayres
Barbadoes
Cienfuegos
Havana
Norfolk
Suffolk
Hersey, Co
Norfolk, Hart, Co
New
New York
Plymouth
Hansen
Newburyport
Portsmouth
Perkins
N. H
P. N. Co
Newcastle
Nemasket
Betts
Coaldale
Bristol II
Lansford
Northern Light
Robbins
Port Eaton
L. J
John J. Perry
Thompson
Rockport
Little Elsie
Partridge
Jonesport
Prince Arthur
Yarmouth
Governor Cobb
St. John
N. B
Calvin Austin
Portland
Eastport
Ontario
Newport News
Baltimore
Malden
Lamberts Point
J. H. Devereux
Bunker Hill
Herbert
Ipswich
Port Johnson
Catawissa
Philadelphia
Pest
Enterprise
Ontelaunee
Guttenberg
N. J
Forest Belle
Sidney
Pilgrim
Murrell
Emelie
New Bedford
Patience
Harrisburg
Little Ruth
Westport
Baltimore Men Come Here for Vacation
Among 102 passengers arriving yesterday on the steamer Howard from Baltimore were John Brady Charles Flannery and J H Rogers prominent in Baltimore political life. They came to New England to spend their vacations. Captain Chase reported gas buoys at Pollock Rip Line and Orleans were out of service.
MENTIONED IN THIS ARTICLE
Howard
Baltimore
John Brady
Charles Flannery
J. H. Rogers
New England
Chase
Pollock Rip Line
Orleans
Wolverine Copper Mine Net Profit and Output
Wolverine Copper Mining Co reports a net profit of 81075 for the year ended June 30 from production of 3,435,459 pounds of copper at an average price of 14.09 cents per pound. Costs excluding extraordinary items were 11.30 cents a pound, rising to 11.72 cents with construction and strike expenses.
MENTIONED IN THIS ARTICLE
Wolverine Copper Mining Co
Aergridia
May Deny Registry for Foreign Mail Amid Sail Cancellation
Foreign communication by mail faces disruption as foreign mail steamship sailings are canceled. Postal authorities fear they must deny registry to all foreign mail and suspend issuing foreign money orders due to delivery uncertainty.
MENTIONED IN THIS ARTICLE
Europe
Foreign money orders surge as substitutes for foreign exchange
Banks and merchants in Boston increasingly use foreign money orders to meet overseas obligations after stock exchanges closed. Authorities restrict this privilege amid soaring daily volumes from about $1500 to over $20,000. Orders face limits and possible suspension if Europe’s mail links break. some funds aid Irish Nationalists and tourists.
MENTIONED IN THIS ARTICLE
Boston
Haynes
Washington
North End
Ireland
May Close Mills War Cuts Off Dye Stuffs
Concord New Hampshire August 3 The textile industry of New Hampshire which relies heavily on dye stuffs imported from Germany faces a serious situation due to the European war Several leading mills have only small stocks of the dye material and if German supplies are cut off shutdowns affecting thousands of workers could be imminent.
MENTIONED IN THIS ARTICLE
Concord
N. H
New Hampshire
Germany
War may affect mills at Lowell in color textile production
Agents of three large cotton mills in Lowell say a protracted European war will impact the making of colored textiles because most dye-stuffs originate from Germany. The mills expect supply to last several months.
MENTIONED IN THIS ARTICLE
Lowell
Europe
Germany
Also Mentioned on This Page
N. W. Harris & Co
Federal St
Boston Bank
U S
England
London Statist
Bodell & CO
Congress Street
United Cigar Stores
Jones & Baker Stock Brokers
Andrew Kerr Co
Led
Arlington Ee
Ates
Eee
Eeeweeeres
Berkshire
Wees
Bigelow Carpet
Boston Belting
Cabot
Cwsess Ss
Hamilton M Co
Armony Mi Co
Neaster
Lawrence
Lockwooder
Ludlow
Massachusetts
Merrimack
Mass Mills
Georgia
Mid Race
Eee Ee
Thike
Tremont & Suffolk
Waltham Bleachery
Wamsutta Ee
West Point
Franklin Mining Company
Money Markets
Mar
Eee Eeresseese Were 202,803 423 19 Iseneed
Gees
Treasury
Aesseseseres
Vivneesser
Esse
Sale
Jone
Aly
Tog
Shipping News
Wolverine Report
Northwood
Emma S. Bennett
Revere
Moret
Cavanaugh
Oran Adono S Whitten
Herbert Barry-Connolly-Drobach
Znorumbeca
Machigonne
Gen. Lincoln
Otis Wharf
Bass Point
Nahant
Revere Beach
Pemberton Inn
Hull Dancing O Orchestra
Harvard Sq
Arlington
Lexington Rustic Theatre
Art
BIG City Minstrels
Villa Napoli
Nantasket
Schlitz
Jos. Gahm & Son
C St
Milwaukee
la FV
Bowdoin SQ
Revere House
Scollay Sq
Violet Mascotte
Shorty de Witt
Stu
Bradford
Nelson
Davis
Weston
Leo Feist
Mary Pickford
Arthur Johnson
America
Famous Waverly Orchestra
Walpole ST
Pittsburgh
Wright & Ditson’s
Burke’s
Adams House
Filene’s
Grounds
Dorothy Bradford
Atlantic Ave
Hill
Jabez
Dyer
Sorensen
Central Wharf
State St
Gloucester
North Shore
Cape Ann
Atlantic
Neptune
Eleanor Gordon & Wilson
Melrose
H Mulligan & Sykes
Cerve Warrell-Taylor
Car
McCullough
Norman Felmo
Colonial Four
Les Jendts
Lottie Collins, JR
Oxford
Shubert
Paul J. Rainey
African Hunt Pictures
Edmund Breese
Himes
Nerc O'Neil
WA San Ingcton
Theatre de Luxe
Estey
Max Figman
Man On the
Dames
Scollar
Olympia
King Philin
W. Dixon
Commercial Wharf
Lina Lewis Nautical
Aldenangel Rowe