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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 26, 1914

Page

14

How Emergency Currency and Clearing House Help Banks

The piece explains two safeguards during monetary stress. Clearing house certificates allow banks to loan between themselves backed by pledged assets at 73-10 percent annual rate, strengthening weaker banks. Elastic currency under Aldrich-Vreeland enables large paper money issuance up to about 1.5 billion net, with tax reductions, to provide abundant cash while gold reserves are hoarded.

United States Clearing House Clearing House Association Aldrich-Vreeland Treasury

Banks plan emergency currency and clearing house safeguards

The article argues for using emergency currency and clearing house certificates to shore up bank strength during a crisis. It notes Europe’s gold drain and a large foreign debt, urging bold credit for legitimate business while prudent scrutiny of speculative demands. Interest rates would retire the measures when normal conditions return.

Europe

Grain Embargo Relaxation Opens Trade Flexibilities

New York reports indicate freer grain and cereal clearances along the Atlantic seaboard as railroads cooperate to move supplies. Bankers may export a moderate amount of gold to meet foreign obligations while a $10 million Canadian loan subscription comes due. July imports exceed 1913 levels with $117.6 million in gold exports.

New York Atlantic Seaboard Canada London Paris United States

Flour Prices Rise as Wheat Gains After Market Update

The price of flour climbs to eight dollars per barrel after a day of rising wheat prices. Wheat advances four cents per bushel from about $1.13 to $1.17, prompting wholesalers to hike flour by 10 to 25 cents per barrel and retailers to follow suit.

Food price shifts and flour outlook in early wartime market

A large Boston concern raised flour and price quotes with several grain and meat items edging higher while fish and vegetables stayed cheap. Wheat export demand and bad weather drive a four cent rise in wheat. flour remains above typical seasonal levels but one industry representative notes annual peak months temper price spikes. Federal state and city food price probes continue with no prosecutions yet.

Mayor Aims to Ban Three Deck Tenements Citywide

Mayor Curley won strong backing at a large hearing in the aldermanic chamber for extending Boston building limit laws to 30 surrounding cities and towns. He invited mayors and civic leaders to City Hall to support eliminating the three deck wooden tenement from the metropolitan district.

Curley Aldermanic Chamber Boards of Selectmen City Hall Boston

Boston Mayor Forms Committee On Building Limit Extension

The Mayor vetoed a measure to expand building limits and set up a committee to pursue it. Members include Francis R. Bangs chairman Franklin H Wentworth C J Kimball William Hennessey and Building Commissioner O Hearne along with others and Cambridge Public Safety Commissioner Cunningham supported the idea. Councilman Woods plans to seek a city wide limit extension citing unequal opportunities across the line.

Boston Francis R. Bangs Franklin H. Wentworth National Fire Protective Association O’ Hearn C. J. Kimball Iex William Hennessey Cunningham Public Safety Cambridge Neal Gorham Dana Hennessey Woods City of

Fresh groundfish prices rise amid light hauls and high demand

Prices for haddock and cod edged up in yesterday's market as only 11 fishing vessels landed with few large hauls. Haddock 84 cents, steak cod 7 1 2 cents, market cod 3 cents, steak pollock 3 1 2 cents, large hake 4 1 2 cents, medium hake 2 3 4 cents, swordfish 15 cents. The Ripple and Breaker reported notable scrod catches. mackerel were scarce with no arrivals. The Austrian and other foreign ships moved docks while the Michigan sailed for Liverpool with grain and refugees. The Boston Floating Hospital reported solid fundraising momentum.

Haddock Ripple Ioam Waltham Nunan Mary Beale Boston Erny Cunard Brown’s Martinolich Eray Koln Willehad Andrasamha Wittekind Anchorage Warren Line Michigan Liverpool Eingland Hamburg-American Line Amerika Singapore Buenos Ayres Jacksonville Florida

Grain Market Surges as Wheat Leads Rush on Aug 28

The Chicago grain market extended a sharp rally with wheat up nearly two cents early, finishing Sept at 1.03 and gaining over 3 cents on other contracts. December corn rose 1 1 4 cents to 70 7 0, May corn to 73 4, and oats advanced over 1 cent amid strong speculative buying and export interest. Cash markets showed No. 2 red wheat around 1.03 to 1.06, with various No. 2 and No. 3 grades quoted across wheat and corn.

Janes Cas Aos IMG Ovens Kas Open New York Minneapolis St Louis.s Cree Pee Ligees Kansas City Detroit

Newark to pay six percent on 125000 loan for street bonds

Newark New Jersey will pay 6 percent interest on a 125000 loan from National Newark Banking Company to meet maturity on a street improvement bond issue previously at 3.6 percent. Multiple other price and earnings figures across rail, steel, and chemical firms are reported, including Batimore and Ohio July gross and net drops, and notes of layoffs and leadership changes.

Newark N. J National Newark Banking Company

Gossip for Motorists Highlights War Era Auto Trade Ambitions

Colonel George Studebaker predicts South American motor trade boom for US manufacturers as Europe war drives demand. Kissel Motor Car Company CEO reports 1915 models driving profits, with lush production. Peerless plans war map for New England owners. Apperson adds Eccleston as general sales manager. Lincoln highway to gain trees and flowers coast to coast costing $25 million. General Federation of Women’s Clubs seeds beautification funds near $3 million.

George Studebaker Detroit Europe United States Studebaker Corporation George Kissel Kissel Motor Car Company Boston Kissel Kars J. L. Snow Peerless Motor Car Company of New England Mr. Snow Beacon Street Lincoln Highway General Federation of Women’s Clubs

New England Casualty Reports Strong June Surplus

President Corwin McDowell of New England Casualty Company releases a statement showing a surplus of 1 120 487 under insurance department standards as of June 30 and 1 374 788 surplus for policyholders including non admitted assets. The firm operates nationwide with branch offices and agencies in major cities. Officers include Albert Johnson, first vice president, and Allan Forbes, secretary.

Corwin McDowell New England Casualty Company Insurance Department United States McDowell Albert ©. Johnson Allan Forbes

Fireman Fatally Falls From Ladder in Methuen Tenement Fire

Overcome by smoke, Fireman John Quinn age 50, fell from a ladder while battling a Methuen tenement blaze. He died after hospitalization. Fireman John Pollard also fell and was injured but expected to recover.

Methuen John Quinn John Pollard

Suzanne Prepares for Travel in Sunday Post Photo

Orson Lowell captures Suzanne in a candid moment as she gets ready for a trip next Sunday. The photo highlights her packing, wardrobe choices, and travel mood.

Orson Lowell Suzanne

Boston Money Markets and New Haven Earnings Preview

Boston quotations show customer loans prior to stock exchange close at 73 10 per cent. Outside brokers loans 8 per cent, all broker loans since close 8 per cent, customers' commercial loans 6 per cent and up. Commercial paper 7 per cent and up. Year money 6 per cent and up. New Haven July earnings likely at least steady versus 1913 with a possible small gain. July transportation ratio slightly under 37 per cent versus 37.9 per cent a year ago.

New Haven Boston Stock Exchange

Shipping News Arrivals and Tows From East and Gulf Ports

A long shipping list reports the Rhode Island and numerous steamers and schooners docking or sailing via Eastport Portland Hampton Roads and other ports. Vessels include Prince George McKinnon Dorchester Hatcb Melrose Nor folk Bunker Hill City of Gloucester Cape Ann Godfrey City of Philadelphia Ikrum and many barges to Portland Newburyport Bangor Rockland Bath and more.

U. S Rhode Island Williams Hampton Roads Prince George McKinnon Yarmouth N. C Dorchester Hatcb Norfolk Melrose Frostad Bunker Hill Crowell New York Hawley Moses Newport News Dingley Clark St. John Eastport Portland Bay State Strout City of Rockland Linscott Bath Camden Rawley Bangor Macy City of Washington Philadelphia Catawissa Seine Monitor Cumru Portsmouth Cacoosing Fred E. Richards Miller Rockland Rahn Boylston Searsport Conestoga Olsen Oak Hill Goss Fraser West Sullivan Portland Packet Grant Sullivan Eveleth Barnes Ipswich W. H. Waters Gale Joggins Mines N. S Domain Stewart Sand River Hume Stinson John J. Farr Thompson Rockport Gold Hunter Bango Michigan Liverpool Middlesex Simon Malden Evangeline Halifax City of Augusta Savannah Ontario Quantico H. F. Dimock Gettysburg Brookside Hammond Moslem Pallas Marblehead Mercury Nantucket Sho Maitland RBL Tay Minneola Newell B. Hawes

Along Came Ruth Wins Critics Top Prize

New York critics hailed Along Came Ruth as a palpable hit. The New York Times praised the play for its blend of intelligence and heart, noting the writer’s use of his funny bone and saying it shines.

Israel Putnam Hubbard Palace Furniture Emporium Oldport Ruth New York N. Y

Also Mentioned on This Page

Wall Street Investment Securities Commercial and Travellers Letters of Credit Baring Brothers & Coo., Ltd Chicago City of London Ont Wood, Gundy & CO the City Realty Trust City Realty Trust of Record Forris W. Norris Chester I. Campbell Louis H. Parkhurst Postoffice Square Billy McIintyre Billy McIntyre Jim McIntyre McIntyre Heath The Howard Bill Equillieros Monte Bot Dewitt and Stuart Shorty Frankie Stuart Oggle Eunice Howe Wesley and White Father Pike Caline J. Walter Reeves John Bond Howardgram Cod Pollock Hake Juno Cata O. Sears BE. Avina L.bor Dc Scess Financial News Notes Baltimore & Ohio Quincy Mining Company Norwood, Canton & Sharon Street Railway Co Public Service Commission Hale Holden Burlington Darius Miller Michigan Central International Steam Pump Atchison Island Creek Cozi Chicago Elevated Railway Company Standard 61 of California Consolidated Gas Company International Steamship Company France United States Steel Corporation Missouri, Kansas & Texas Railway Galveston Apperson Bros. Automobile Company Kokomo Ind J. B. Eccleston Money Markets Shipping News Plymouth Oxford Henry W Savage GREAT N. Y. Gaiety Theatre Holman Day Fornson & Wicheler B. F. Keith Mabel Berra Q.” Primrose Jame Marie Donovan Lee Fred Sosman Keno Mayne Williams, Thompson & Copeland Stepho Berko Boston In Motion Philip Bartholomae Silvio Hein Saising Labor Day Mat Shubert Moore Arthur Hammerstein Stella Mayhew Shelue WN. Y. Casino Wilbur Sangs Majestic Players GRAND Reviva Quingy Adams Sawyer Dustin Farnum Art Henry W. Savage Dave Austin Oet Mascotte Bowdoin Sa Pope Pope Piux X Mary Pickford Theatre de Luxe Estey Eugene Walter Geollay Olympia Fabnovel Prerese Tremont Row Burlesquers Burlesque Grand Opera House Lydia Jospy Mauree Daily Wrestling King Philip Edw. W. Dixon Commercial Wharf Gloucester North Shore Quaint Cape Ann Sorensen Central Wharf State St Lina Lewis Dorothy Bradford Atlantic Ave Ft. Hill Jabez Dyer NTENA Machigonne Gen. Lincoln Otis Wharf Bass Point Nahant Revere Beach Castle SQ Craig Players Thomas W. Lawson RED Sox Fenway Park Wright & Ditson’s Dansant Lexington Esate PARK
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