This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 16 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Dec 05, 1913
Page
18
Markets evidence a strong undertone as business volume climbs led by union and steel sectors. The Boston and Maine lines report numerous trading features while the Old Dominion Company stops paying dividends under new laws of 1944 and 1961, indicating shifts in regional and corporate finance.
Total sales in New York 346 400 shares and Boston 20 873 shares. Most active issues: New York steel common 85 000 shares and Boston steel common 2 648. Year to date totals show New York 78 170 100 and Boston 5 040 442 shares. Comparisons to last year list New York 121 718 200 and Boston 10 606 527. Notable moves include M P S M in New York and Calumet & Hecla in Boston. Rates show call money New York 6 percent and Boston 6 percent, time money New York 5 6 percent and Boston 5 3 percent.
After a day of mixed moves the New York market closed with uneven gains and losses. Early declines gave way to a later advance but a late drop pulled some leaders below the prior day’s close. Call money rose to 8 percent, signaling money-market tension and pressure on speculative holdings.
The Dec 4 market advance pushed prices higher with a broad uplift across issues. New York orders to buy Steel common, Allied with gains in Shea Machinery Granby and Massachusetts Electric, helped the move. Shoe Machinery led, rising from 47 to 31 and closing strong. Court actions delaying Old Dominion dividends and a New Haven drive capped some optimism, while Edison rights Alaska Gold and Boston & Maine loan records supported the session. The close showed a firm tone.
The Board of Directors of the Lanston Monotype Machine Company Philadelphia declares a 1 percent quarterly dividend on capital stock payable December 30, 1918, with a record date December 20, 1918. Treasurer J Sellers Bancroft signs the notice dated December 2, 1918.
The market shows advancing movement with rising steel prices and high selling orders noted. Iron Trade Review cites reduced pig iron output and a November record for United States Steel Corporation with slim margins. Bank data reveal loan expansion but rising cash ratios, while New Haven Railroad earnings fell as costs rose. Call money rates moved higher amid ongoing deficit concerns in New York banks.
The article notes E H Rollins Sons bank handles certificates of ownership and coupons to shield investors from revealing names while forwarding to Washington. It also covers Pope Manufacturing receivership and market outlook with low bond prices amid high money rates and expected January rate shifts influencing bond demand.
The notes cover financials and production across copper interests. Superior & Boston Copper shows $75,268 balance vs $81,381 year prior. Tennessee Copper output for October and November 1912 and 1913 trends noted. Hollinger reports four week and year-to-date gross profits. Alaska Copper ships ore from Nugget Creek with 50 percent copper and 15 ounces silver. Valdezlo de dump ore valued at $500,000. Rarus mine estimated 4,000,000 tons of high grade ore. W Cameron Forbes elected director of First National Bank.
In New York trading, Rock Island issues, Erie and Union Pacific convertibles attracted fair demand, while Baltimore and Ohio and New York New Haven Hartford convertibles held steady. Chesapeake and Ohio general bonds and Chicago Great Western 4s slipped to new low price levels.
At a Dec 23 stockholders meeting the Puget Sound Traction Light and Power Co. authorizes short term bonds to refund 7.5 million dollars of notes maturing Feb 1 2014. Part of the refund will come from 2.6862 million dollars in preferred stock offering and the rest from new notes. S W Strauss Co sells 1.5 million dollars Kaufman Department Store Pittsburgh first mortgage at par. Rochester New York sells 150 thousand dollars eight months notes to G R Grande Son Alliance Bank and P L Anstey New York.
A compact market snapshot listing bids and asks across rail and chemical issues. Entries include Am Rail at 33 384, Phil Co at 29 8984, Cam Sterl and do pref with varying percentages, plus ConTrol NJ at 72 72.24, Lehigh Na and Lehigh Vy at 85 and 70 percent, and Penn Salt around 105 1054, reflecting mixed trading activity.
The Boston Work Horse Relief Association announces watering stations are discontinued and public troughs will have faucets. Drivers are urged to carry a pail to water their horses when and where they run. Henry C. Merwin, president. Lewis A. Armistead, secretary.
The Rev Dr William Rice Newhall 63 of Lynn died of apoplexy on a Boston and Albany train as it arrived at Palmer station. He had been rector of Lynn First Methodist Church and formerly led Wesleyan Academy Wilbraham. He left a wife seven children and had attended a ministers conference in Springfield. Born in Boston 1860 he was ordained in 1886 and served Auburndale prior to Wesleyan Academy presidency.
Mrs Mary J Lynch Garvey a longtime resident of Concord Junction died at her home 29 Central Street Concord today aged 60 She was active with the Help of Christians Catholic Church Funeral services are planned at her residence Saturday morning then a requiem high mass at the church Burial will be in Concord
The Sealshipt Oyster System faces default on $2.5 million in bonds with principal due and no cash to satisfy liens. A creditor committee is formed to protect security holders and draft a reorganization plan. Depositors may dissent in writing within fifteen days and withdraw without charge at Old Colony Trust Company in Boston.
William C Russell of Melrose leaves Fresno Dan Russell half his estate with 25 000 to executor Ferdinand Almy in trust for Fresno Dans maintenance The will filed yesterday names Ferdinand Almy as executor and details bequests to former family employees and friends The death of William C Russell was attributed to lobar pneumonia with complications and the brain and organs are under Harvard Professor Whitneys study with a report expected soon
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.