Letters of Credit Brown Shipley London Office
Brown Shipley London West End office at 123 Pall Mall offers special traveler convenience on letters of credit.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Aug 11, 1913
Page
12
Brown Shipley London West End office at 123 Pall Mall offers special traveler convenience on letters of credit.
Boston Post publica tion outlines Monday morning inquiries for listed and unlisted stocks and bonds of New England industrial, public utility, bank and mill companies. It states neutral, data based replies and no market prognostication, with instructions to send full name and address to FINANCIAL EDITOR, Boston Post.
A reader asks if United Shoe Machinery common is a good buy at current price and about future dividends. The answer cites $6,160,168 net earnings, $12,000,000 surplus, strong dividend coverage, and a government suit unlikely to linger, suggesting favorable stockholder prospects.
The weekly market review notes a moderate rise in stock prices averaging 1.05 points with higher volumes in Boston and New York. It highlights improved demand for bonds and standard stocks, easier money rates, and cautious optimism about crop yields and international markets, especially Europe.
Conservative banking houses urge the public to buy bonds now, citing high income yields at current prices and potential principal appreciation. The series on bond investing notes prior analyses on municipal and railroad bonds and promises a future focus on public utility and industrial bonds with emphasis on high yields.
A brief calendar lists Adams Express, Illinois Central, and Louisville & Nashville lines. Books open for service and scheduling details are indicated for today.
Calaveras Copper, a Delaware corporation with 2,387 acres of mineral land in Copperopolis, Cal, reports a $2.5 million cap, $1.875 million issued, and a $450,000 bond issue. Smelter runs at 50 percent capacity earning about $900 daily. management claims full capacity could yield $2 per share after all costs. Production started recently with unclear potential. the venture is labeled a speculation rather than an investment.
Thirty five German students visiting Boston for the eighth international students congress at Ithaca Aug. 29 praised Mayor Fitzgerald and President Wilson. Miss Ella Schartiger noted German marriage freedom as highlighting individual status for women and critique of dependence on husbands, especially where a man drinks.
German Freie Studienstenschaft delegates toured Boston meeting Mayor Fitzgerald at Hotel Somerset. They praised American culture and Wilson writings, spoke on Germany and women’s rights, and planned visits to Yale Harvard and industrial sites before leaving for New Britain.
A baby girl abandoned on a Boston bound train two weeks ago is now dangerously ill aboard the Floating Hospital with a cholera infantum. Despite care from a Boston woman, the child’s condition worsened last week and she was placed aboard the hospital on Saturday as 106 young patients rest in their cots away from August heat.
Labor leaders expect the Boston Chamber of Commerce to try to settle the Hyde Park strike at Governor Foss plants. The governor's involvement heightens the case's significance, though a great public service corporation is not at issue, unlike prior settlements of telephone and street carmen strikes.
Attorney W Jennings Patron says the State Board of Conciliation and Arbitration failed to settle the Foss strike and streetcar and telephone operator disputes. He notes powerful business interests may press for Chamber of Commerce involvement to secure a hearing or appeal to Governor Foss. Union leaders say employers and businessmen hold leverage until lawmakers revise the board’s powers.
The New England District Council of Electrical Workers held a major meeting in Wells Memorial building with over 50 delegates from 17 locals across New England. Young women telephone operators were among the attendees as proposed amendments to the international constitution were discussed for the Boston convention next month.
Boston Coal Teamsters Union 68 met in Machinists Hall and elected Thomas McCauley Robert G Black and Cornelius Sullivan as delegates to the State Branch A F L convention. Four candidates vied for three seats and the ballot count lasted over an hour.
Prominent Episcopal clergymen will occupy St Pauls Cathedral and Trinity Church for services this week. Ford Hall meetings organized by George W Coleman will bring Manchester New Hampshire Y M C A style lectures. Labor Sunday is set for Aug 31 with sermons on Modern Tendencies in the Labor Movement. Several pastors from Lynn Maple Street Church travel to Europe for study while Rev John Galbraith recovers from illness. Dudley Street Baptist Church will be served by regional ministers IL J Hensen A C Dixon C L Goodell and John S Pendleton for the summer season.
A large Alabama gathering including national lawmakers attended the funeral of Senator Joseph F. Johnston in Birmingham. Services were at St Mary's on the Highlands Episcopal Church with burial at Oak Hill Cemetery.
Arrangements by the District Council of Boston for the international convention of the United Association of Journeymen Plumbers Gasfitters Steam Fitters and Helpers begin August 18 in Boston. Sessions at Ford Hall and Faneuil Hall feature entertainments trolley trip Norumbega Park harbor sail Paragon Park and a grand ball at Crescent Gardens Revere Beach.
In Boston at 886 Harrison Avenue the Boston Bartenders Union elected five delegates to the State AFL convention. Edward F. Colbert John W. Connolly Thomas H. Gerraughty John C. Hickey and James McGreevy Jr led a field of eight candidates in a lively close contest with large attendance yesterday afternoon.
Labor notes report turnout plans for 600 Boston and Maine Freight Handlers in a Labor Day parade. 300 uniforms were distributed. Delegates elected include Alexander Ryan and Dennis Driscoll. Receipts reached a record $195.25 with $50 paid for sick benefits.
Inspector Lynch grilled Raipa J. Young, manager at Childs & Co., who says two men robbed the office then fled with $500, a watch and chain. Young maintained he did not commit the crime after a lengthy cross examination.
Lawrence police officer George Waite aged 41 was fatally struck by a train at the Osgood street crossing early today. Waite who served as a special officer played a notable role in the Lawrence strike a year ago.
Charles Nichols fourteen of 228 Newell Avenue Pa wtucket is in critical condition at Memorial Hospital after a playmate struck his head on a curbing fracturing his skull. Police seek the two unknown boys involved in the accident but have no identification lead.
In Chelsea on August 9 Hannah C Betton widow of John Betton aged 94. Services at Mt Bellingham M B Church Bellingham Street Tuesday at 2 pm. Burial at private funeral following local rites.
Rear Admiral Nicholson reports to the Navy Department that conditions in the rebel district of China have improved. The message comes from the Pacific fleet command at Nanking and is dated August 10.
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