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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Aug 17, 1918
Page
8
Featureless-Swift and Co. announces a segregation plan for Porphyry Copper output with Nevada quarterly report showing trading volumes dipping to a low ebb. Nevada's quarterly report highlights slow market activity and production figures.
Yesterday's New York and Boston trading showed about 175000 shares, with Steel leading activity in New York at 25600 and Swift in Boston at 588. The market held steady despite uncertainty from war taxes and Liberty bonds, while Swift's segregation plan puzzled traders and copper mines noted lower July outputs due to labor shortages.
Current prices list loans and notes at 6 percent with categories for brokers customers loans outside brokers call loans customers commercial loans individual collateral loans commercial paper and Your money.
The Boston Federal Reserve directs officers to press bankers and business leaders to conserve credit and resources for war needs. It calls for curtailing nonwar loans and expenditures and shifting industry from domestic to government production to aid the war effort.
The government has taken over the St Louis Ford Motor Car Company plant including the five story building, service station, and offices for the war period to be used as a warehouse.
William M. Bennett, former State Senator, announced he would not seek the Republican nomination for Governor. He planned to run as a supporter of Attorney General Lewis for second place on the ticket.
New York trading opened steady as investors stayed cautious and turnover stayed light with about 180 000 shares. General Motors was removed from the clearing list after an exhaustive probe into its speculative impact, signaling broader restraint on illiquid issues while rails and industrials showed mixed action and United States Steel rose briefly before giving back gains.
A dense ledger style listing details bonds and notes across many issuers. It references Lib foreign right Angi French 5s and City of Paris 5s 1925 amid varied corporate and public securities. The page catalogs prices yields and identifiers, with scattered mentions of Pacific lines and steel firms, forming a broad financial snapshot.
The Sacred Heart Review, founded by Mgr. O Brien of East Cambridge, has suspended publication after a recent reorganization. Right Rev. Edward F Hurley was elected president, and Mgr. Hurley said the decision followed exhausting all means to make the paper pay.
Mrs F L Higginson of Boston federal reserve chairman for New England of the women's Liberty Loan committee spoke at a New Hampshire meeting urging a definite action plan and better organization and cooperation.
A 1918 memoir excerpt discusses German public opinion during World War I, citing police brutality in Breslau, submarine warfare, press control, and the Kaiser’s peace offer of 1916. It notes German attitudes toward England, American arms, and the role of censorship to mold sentiment.
Camp Devens Aug 16. Colonel Oliver H. Dockery Jr announces the 12th Division will train in a shorter and more intensive period than divisions now in France. The move follows Washington's signal to enlarge and rush fighting strength to the fronts, with focus on careful and efficient training.
Officers welcome a new division training intensively en route to Pershing. A Protests prompted War Department to form separate language units at Camp Devens with Poles Italians Armenians Syrians Greeks and Albanians under leaders Lt Stanislaw A. Gutowski and Lt Walezynski.
An American military band, part of the Wilson christening tribute near Chamonix, arrived in Annecy. They were greeted by the mayor and officials, paraded through a flags adorned city, and were cheered with flowers along the march route.
Toronto defeats Rochester 7 to 5 while Baltimore beats Jersey City 5 to 4. Buffalo wins 8 to 5 over Hamilton. Binghamton edges Newark 2 to 1.
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