International Money Situation Reflects Weak Bank Liquidity
Editor notes analyze European nation finances at war outbreak and compare with U S banks as of June 1914. It explains how cash to loan ratios signal potential contraction or expansion, citing 1904 1908 depressions and recent declines, and details ratios for U S England France and Germany with emphasis on limited liquidity despite earlier recoveries.
MENTIONED IN THIS ARTICLE
Europe
United States
Claflin and Siegal
General Liquidation
Bank of England
Bank of France
Bank of Germany
England
France
Germany
Wheat markets rise as export hopes lift prices
Wheat prices surged on export optimism with September futures at 41 2 cents and December at 1.0012. Demand chiefly from exporters follows New York bank activity buying grain shipping bills, signaling payment flow for grain shipped to European ports. Each cent gain in wheat adds five cents to flour costs.
MENTIONED IN THIS ARTICLE
New York
World War Strain Hinders 1900s Business Boom Revival
The text notes 190% exception and Boer War pressures draining bank resources while France and Germany show better prep than a year earlier. It argues the world remains in money stringency, unable to support a new boom as war continues, with liquidation delaying recovery and markets unpredictable.
MENTIONED IN THIS ARTICLE
France
Germany
Firmer Rates for Exchange Signal Market Activity
New York reports firmer exchange rates as urgent cash demands ease into commerce after a cable disruption. Banks extend loans to interior institutions at high rates while prime credit markets show stronger demand for mercantile paper. Copper and steel show cautious improvement amid a cautious macro outlook and a renewed stock exchange pause due to the British moratorium.
MENTIONED IN THIS ARTICLE
New York
Focal
Mercantile
Mississippi
Chicago
Middle West
Stock Exchange
Involuntary Petition Filed Against Associated Trust
Three creditors with total claims of 191 sue an involuntary bankruptcy petition in U S District Court against the Associated Trust. East Butte smelter cleanup finished and shutdown with only two pumpmen remaining. Anaconda halts Nettie mine work allowing flooding. Standard Oil Kansas suspends year end dividends. Granby Consolidated directors defer 1.50 quarterly dividend. Other notes cover stock moves and currency receipts.
MENTIONED IN THIS ARTICLE
United States District Court
Associated Trust
United States to Prosper, Banker Bodell Says
Banker Bodell predicts the US will gain from the European conflict despite its shocks on world credit. He cites America's resources, strong markets, and wheat harvest as bases for rapid normalization and long term growth. He argues New England’s mills will bounce back with demand for clothing and shoes as Europe seeks food and bread.
MENTIONED IN THIS ARTICLE
United States of America
New England
United States
Europe
War map giveaway with Sunday Post
Boston Quotations notes loan rates from brokers and customers before and after the stock exchange close. It advertises a war map in the next Sunday Post printed in color to track the great war day by day. It urges readers to obtain the issue for the map.
MENTIONED IN THIS ARTICLE
Boston
Stock Exchange
Sunday Post
New England Eyes South American Textile Market Potential
The Boston Chamber of Commerce pushes for a New England Foreign Trade Bureau to tap South American demand for textiles shoes machinery paper and electrical supplies. King notes Latin American imports run 2 percent textiles and cites Chile as a key target with potential 150 percent export gains. Boston faces a handicap as South American ships unload in New York before reaching Boston.
MENTIONED IN THIS ARTICLE
England
Pary
Chamber of Commerce
Great Britain
Germany
South America
United States
Boston Chamber of Commerce
Boston
New England
Committee On Foreign Trade
Samuel F. King
Mr. King
New York
King
Chile
France
United Kingdom
Brazil
Ae Fps
Cape Cod Canal traffic and voyage notices in local port records
Shipping and fishing reports detail daily arrivals and fares for haddock cod hake and pollock vessels, with sums for crests Long Island Surf and others. The entry notes a Sicily American line direct Naples service starting September 12 and a Cape Cod Canal passage list including Sea Coon Cristabel Puffin Parthenia Itasca and others.
MENTIONED IN THIS ARTICLE
Haddock
Cod
Crest
Island
Surf
Goodspeed
Thomas
de Costa
Tae R
Arthur
Long Island
R. and
Ethel
R. Hall
R. J. Killock
Jacob Brigham
Boston
James Richards
Richards
Brigham
Steamship Bay State of the Eastern Steamship Company
Cape Elizabeth
Portland Harbor
Manila
Cape Cod Canal
Sea Coon
Cristabel
Puffin
Parthenia
Angel
Itasca
Fisherman
Mary
Anna D
Nemo
Oneida
Helianthus
Dolce Fariente
Snow Bird
Cynoface
Olcott Jr
Shanee Shawnee
Ruth
United Fruit
Thora
Wilk
Baracoa
New England
American
White Star Lines
New York
Post Office Department
Liverpool
Shipping News Arrival and Sailing List From Northeast Ports
A detailed shipping list notes arrivals of steamers and schooners including Marquette Findlay Ant werp Wabana Osterwold Louisburg Prince George and City of Bangor at Eastport Portland and New Bedford with vessels from Boston New York Philadelphia Norfolk and Halifax. It records arrivals at Gloucester Scituate Newburyport and more along with towing barges and ships sailing to Havana Baracoa Halifax and Providence.
MENTIONED IN THIS ARTICLE
Marquette
Findlay
Antwerp
Wabana
Osterwold
Louisburg
K. B
Prince George
McKinnon
Yarmouth
N. S
North Star
Clarke
St. John
N. B
Eastport
Portland
Geo
New York
Belfast
Brown
Bangor
City of Bangor
Slawthorne
Bath
Ransom B. Fuller
Strout
City of Glouccester
Linneken
Gloucester
Cape Ann
Godfrey
Jonas H. Drench
Anderson
Scituate
Eureka
Benner
Newburyport
Hercules
Brookes
Herbert
Rickes
Ipswich
Horatio
Kelley
Philadelphia
Newell
B. Hawes
Leighton
Samuel Dilaway
Smith
Fernandina
Mary B. Wellington
Martin, Sullivan
Florence Milanson
Milanson
Church Point
Eliza Levensaler
Sellock
Thomastons
Navis
Tines
Chevenne
Wilkie
Lynn
Strafford
Chas
W. Parker, Jr
Natty
Sewells Point
Alice Edith
Flora
Prudence
Wals
Powel
Irwin
Providence
Ontario
Howes
Guttenberg
Pilgrim
Smyrna
Thos
L. Parker
Concord
Betts
Newport News
Winthrop
Cto
Panther Creek
Catawissa
Selner
Tamanend
Maple Hill
Phoenix
Fred K, Richards
Miller
Rockland
Nora
Havana
Thorn
Baracoa
Evangeline
Halifax
Hawesbury
C. B
Charlottetown
J. H. Deveraux
Norfolk
Massachusetts
Malden
Quantico
Howard
H. Timock
City of Philadelphia
Stockton Springs
Nay Aug
Beverly
Gwatia
Wmilie
Sewalls Point
New Berford
Beattie
Albert J. Stone
Undercliffe
Passaic
Rondont
Weehawken
Manheim
Pennypack
Salem
Pocopson
Lackawanna
Hoboken
Dividend Declarations Reported by Several Firms
Galena Signal Oil declares regular quarterly dividends of 2 on preferred and 3 on common payable Sept 90 to stock of record Aug 31. National Transit pays 75 cents per share on Sept 15 to record Aug 31. Northern Texas Electric declares 8 on preferred and 1.75 on common payable Sept 1 to record Aug 20. South Pittsburg Water, a subsidiary of American Water Works and Electric, declares 2 1 2 percent semi annual on preferred payable Aug WW. Union Tank Line declares 2.50 semi annual dividend payable Sept 25 to stock of record Sep 4.
MENTIONED IN THIS ARTICLE
Galena Signal Oil Company
National Transit Company
Northern Texas Electric Company
South Pittsburg Water Company
American Water Works and Electric Company
Austrian Cruiser Zenta Sunk in Naval Battle
Official message from Rome reports the Austrian cruiser Zenta sunk in a naval engagement off Antivari last Sunday. The Zenta, built at Pola, measured about 03 feet in length and displacement.
MENTIONED IN THIS ARTICLE
London
Rome
Vienna
Zenta
Antivari
Exchange
Pola
Tape
Roosevelt Lectures Maine Rally in Progressive Tour
Colonel Roosevelt castigated the Wilson administration and Panama toll plans while touring Lewiston and other Maine towns. He argued for a stronger administrative commission to check corporate power, defended arbitration treaties with caution, and rallied 15 000 listeners while blasting Massachusetts Progressives over Fenway Park. He warned of future treaty violations and urged Maine to stay united with the Progressive party.
MENTIONED IN THIS ARTICLE
Panama Canal
Denmark
Mexico
Magdalena Bay
Gibraltar
Lewiston
Massachusetts
Fenway Park
Boston
Roosevelt
Halbert Gardner
Walter (. Emerson
Congress
Progressive Party
Maine
Pine Tree
Haines
Bourbon
Burleigh
Peters
Wilson
New Haven
Federal Department of Justice
Standard Oil
Supreme Court
Standard Oil Company
New Haven Road
Interstate Commerce Commission
Barnes and Penrose
Columbia
Beverly
Archie
New York
New England
Connecticut
M Reynolds Picked for High Bench
Attorney General McReynolds will be nominated by the President to the Supreme Court vacancy within the next few days, according to definite information from official circles in Washington.
MENTIONED IN THIS ARTICLE
James C. McReynolds
United States Supreme Court
Washington
McReynolds
Supreme Court
Wilson to Name T. W. Gregory Attorney General
President Wilson plans to nominate T. W. Gregory for attorney general. Gregory, 58, a former Texas antitrust prosecutor and special assistant AG, is based in Austin and previously declined federal judgeship. The president considered Secretary Garrison for the post but chose to keep him in the War Department.
MENTIONED IN THIS ARTICLE
McReynolds
Congress
Supreme Court
Wilson
T. W. Gregory
Gregory
New Haven
Mississippi
Texas
Austin
Secretary Garrison
War Department
Garrison
New Jersey
Lynn Plans Harbor Widening To Rival Boston Port
Lynn business leaders push harbor expansion aimed at creating a 15 foot deep 200 foot wide channel near the mainland. Ex congressman McNary chairs the state Harbor and Land Commission meeting as Lt Governor Barry pledges support. Funds total 80 000 from various sources with state 40 000 city 15 000 and GE light company 15 000. New bulkhead fill in soil will create land for docks and buildings including GE facilities.
MENTIONED IN THIS ARTICLE
Lynn
Boston
Lynn Business Men's Association
Iles’ Hall
William 8. McNary
State Harbor and Land Commission
Dward P. Barry
City of
General Electric Light Company
Wilson Signs Ship Bill and Cotton Futures Act
President Wilson signed the Panama canal act amendment allowing foreign built ships to enter American registry for overseas trade. The measure takes effect immediately and aims to ease handling of American exports during wartime. He also signed a bill regulating cotton futures transactions.
MENTIONED IN THIS ARTICLE
Washington
Wilson
Subscriptions Total for European War Fund Raised
The Massachusetts branch of the American Red Cross reports a total of 841.54 raised for the European War Fund. Gardiner M. Lane, treasurer, released the statement listing numerous individual gifts from Miss F. M. Cole to Isabel T. Chipman, with amounts varying from 1.0 to 50.00 across many contributors.
MENTIONED IN THIS ARTICLE
Massachusetts
American Red Cross
Gardiner M. Lane
F. M. Cole
L. C. Stewardson
Harvey W. Pratt
Louisa P. Loring
Augustus Homerway
Ellen Chase
Beth hoFress Mata Aloe
Dora
Rust
Worcester
Isabel T. Chipman
Also Mentioned on This Page
Kidder, Peabody & CO
Wall Street
Investment Securities Commercial and Travellers
Letters of Credit
Baring Brothers & Co., Ltd
U. S
Long Bear Market
Eee Peer Ae
Aaa
Eee Gb
Ane i Eng. Fraree
Duluth
Minneapolis
ORM
St Louis
Toledo
Kansas City
Bodell
Congress Street
Request, & CO
Central Mississippi Valley Electric Properties
Bllinois
Iowa
Aguar
Torre& Webster
East Butte Smelter
Pure Oj
Anaconda
Nettie
Standard 011 Company of
Kansas
Granby Consoidated
Butte & London
Gardner
Mass
Pele
General Electric
Great Northern Railway
York Yes
The
Transitc
New York Stock Exchange E Committee
Federal Mining & Smelting Company
Money Markets
Argentina
Shipping News
M’reynolds
Lynn Harbor
Red Cross