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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 18, 1913

Page

14

Annual Meetings and Payable Notices on Bond Holders

Books close for 134 percent and 144 percent bonds and other issues. Payable to holders of record on the specified date. Edison special meeting and Najal Expressor items noted. Standard Oil of Kentucky and Jackson County Nashua Mfg. annual and special meetings announced.

Pal Btate Rys P NY Bae Eerie Sopine Edison Spec Jonal Mam Elec Cosann Standard Oil of Kentucky

American Woolen Company Declares Fifty-Ninth Dividend

The American Woolen Company announces a quarterly dividend of 1 3/4 percent on preferred capital stock, with record date December 23, 1913 and payment January 15, 1914. Transfer books close December 23, 1913 and reopen June 5, 1914. Checks mailed by Guaranty Trust Co of New York. Treasurer WM. dL. Dwell y Sr. Boston, December 12, 1913.

American Woolen Company Guaranty Trust Co New York WM. dL. Dwelly Boston Mays

Island Creek Coal declares preferred and common dividends

The Island Creek Coal Company announces a quarterly preferred stock dividend of 1.50 per share payable January 1 1914 to holders of record by December 23 1913. A common stock dividend of 500 per share is declared payable in 1914 to holders of record at year end. F W Batchelder treasurer.

Island Creek Coal Company F. W. Batchelder F- W. Batchelder

Stock Markets Dull and Steady Across Exchange Totals

The report shows dull steady activity with total sales in New York at 80,739,300 shares and Boston 5,223,504. It lists most active issues Reading in New York with 26,000 shares and North Butte in Boston with 3,951 shares, plus gains and losses for Western Maryland Osceola Consolidated Federal M&S and Boston & Albany. Call money and time money rates are provided for New York and Boston.

New York Boston Reading North Butte Maryland Federal M.&s Osceola Consolidated Albany AT & T Alaska Amalgamated Ag Chem GiSg Ing Tei & Tei Arizona Comany Gulf Gulf F Bos di Bos & Albany Bos & Maine Bos & Maine P Cal & Arizona East Butte Edison Mass Ff. Bg Ag McElwain Lergenthaler NY &N NY & N H Rts North Butte Old Colony Old Dominion Osceola Pond Ork Coal Pullman Co Quincy Aa Cael Union Land United Fruit US Steel Steel Utah Consol Maes Es Victoria West End Wolverine Strees

New York Market Ends Year Uplift Amid Mixed Stocks

Speculation lagged as price changes stayed small and irregular in New York trading. Union Pacific and Canadian Pacific rose on London gains while American Telephone recovered, driven by short-seller demand. New Haven weakness cut gains. Bond moves were narrow though US 2s gained modestly. New York City issues fell.

New York Dec Union Pacific Canadian Pacific London American Telephone New Haven New York State New York City U. S

Local Market Keeps Cheerful Tone as Copper Stocks Rise

In Boston the market showed strong demand for copper shares with Telephone advancing to 1434, aided by President Vail’s statements and a quarterly dividend. North Butte attracted large Western buying, with brokers noting its underground strength, while Scarcity kept prices firm on moderate dealings. Telephone, Granby, North Butte, and New Haven led trading through the day.

Boston New York Ocal Enits Vail North Butte P North Butte Telephone Granby New Haven

ABA committee urges removal of legal technicalities in bills

Washington December 17 a four member American Bar Association committee led by Everett P Wheeler Paul Howland John D Lawson Frank Irvine and J I Thorndike urged the House judiciary committee to draft bills that remove technicalities in the law aims and proposed reforms remain unclear due to fragmented text.

Washington American Bar Association Everett P. Wheeler New York Paul Howland Cleveland Ohio John D. Lawson University of Missouri Frank Irvine Cornell University J. I. Thorndike Boston House Judiciary Committee

Metal market report shows copper steady on New York exchange

Copper prices held steady on the New York Metal Exchange with spot to March figures around 14.25 to 14.50 for electrolytic copper and casting near 14.12. Tin moved lower with December and January bids around 37.40 to 37.75 and antimony quoted at 7.00. Smelter activity described as quiet with limited movement.

New York Cookson

State Street Topics on Consols and New England Stocks

The article analyzes a market shift away from high yielding speculative issues toward safer but lower yielding bonds and guaranteed stocks. It notes British consols at record lows, Canadian issues boosting supply, and a cautious stance on Boston & Maine and New Haven equities amid potential receivership risk. It mentions Nashua & Lowell and Boston & Albany declines, plus Yale Harvard and other colleges holding New Haven related securities and potential income losses if dividends stop.

Boston & Maine New Haven Nashua & Lowell Railroad Boston & Albany New England Yale Harvard Radcliffe Dartmouth Colby Bates Williams Bowdoin

Bond Market Notes and Convertibles Shine in New York Trading

In New York, December 17 the market centers on American Telephone 44s Central Leather 5s and Wabash 4s. Convertibles from New Haven 1948 slipped briefly then recovered while 1033 issues held steady. City issues United States Steel 5s Rock Island 4s and Third Avenue 5s eased slightly from yesterday. Trading showed varied yields across rail, utility and industrial bonds with multiple issues quoted in small fractions and several firms reporting changes in price. Overall activity covered a broad spectrum of issuers including Nort, Pacific, Union Pacific and Erie Penn lines with notable movements among 4s and 5s across several long and short term maturities.

New York New Haven & Hartford New York City United States Steel Rock Island Third Avenue Otier Stock Exchange North Pacific Air Ladj Bell Erie- Penn Union Pac Kan ALC Tel & N Third Ave Lake Tel St L& Weet Balt Texas &Pa Ulster Del Lm Trsaee Bose Ieee Peer & Power Pm Orgultte

New England National Bank Liquidates. Hamilton Trust Formed

Stockholders approved voluntary liquidation and designation of Stone as liquidating agent. The business transfers to the Hamilton Trust Company on Dec 31, 1913. A hearing granted for First Ward National Bank of East Boston to form the First Ward Trust Company with $250000 capital and $200000 surplus.

New England National Bank Stone Hamilton Trust Company Board of Bank Incorporation First Ward National Bank of East Poston First Ward Trust Company East Boston George W. Moses Samuel N. Mayo William McKie John E. Lynch Fred McQuesten Alfred FE. Cox Frank F. Cook Robert J. Gove Louis A. Ginsburg Ainsley R

City Realty Trust Annual Report Summary

The City Realty Trust reports purchases including eight stores at Huron av and Gurney st Cambridge leased with stepped rents, a Pearl and Valentine sts factory for the Massachusetts Industrial Commission for the Blind, a 10 Chatham St Cambridge concrete six‑family, and two acres on the Charles River near the Cambridge Boat Club appraised at 100000 with a profitable offer possible. It outlines 141000 of mortgage construction loans earning 15 percent, first year income 43 4 percent of working capital, 6 percent dividends, 4 percent surplus, and 230 preferred shareholders as of Dec 1 Melrose Mass bids open Dec 18 for a 25000 temporary loan due June 10 1914.

City Realty Trust Huron Avenue Gurney Street Cambridge Pearl Valentine Streets Commonwealth of Massachusetts Massachusetts Industrial Commission For the Blind Chatham Street Charles River Parkway Cambridge Boat Club

P Cuts Southern Delegates

The Republican national committee adopted a plan to reform party representation reducing Southern States’ quota from 33 to 16 percent of the convention total. A three member sub committee was appointed to urge state ratification with leaders Warren Borah and Hatfield to draft the address.

Washington Republican National Committee Charles B. Warren Michigan Borah Idaho Hatfield West Virginia

Republican convention plan slashes Southern representation in 1916

A committee adopted a compromise basis for the 1916 Republican National Convention calling for four delegates per state, with districts and thresholds. The plan would reduce total delegates from 1083 to 993, with Southern states totaling 164 delegates and several territories receiving nonvoting slots. The vote showed broad support across many states, with 38 yeas and 7 nays. The committee adjourned without a future meeting date, planning no further sessions until 1916.

National Committee Congress Alabama Georgia Mississippi Nebraska South Dakota Texas Virginia Arkansas Florida Illinois Kentucky Louisiana New York North Carolina Pennsylvania South Carolina Tennessee Hawaii District of Columbia Alaska Philippines Porto Rico

Bond Market Notes A flurry of new issues announced in 1913

Detroit Edison stockholders approve 6 million dollars of 6 percent convertible debenture bonds with 3.5 million to be issued immediately and capital raised to 25 million. Concord and Claremont railroad votes to refund 4.5 percent bonds with 5 percent 20 year bonds. Bids sought for four percent water bonds in Concord Massachusetts. Lehigh Valley sells 10 million dollars of 4 22 percent general mortgage bonds to Drexel & Co to retire Elmira Cortland Northern bonds.

Detroit Edison Company Concord & Claremont Railroad Boston & Maine Lehigh Valley Drexel & Co Elmira, Cortland & Northern

Express contracts costly to New Haven

Samuel P. Gibson former New Haven express chief examiner warns heavy losses in the New Haven express department due to lax traffic methods and Adams Express Company influence. He cites mispayments, improper revenue allocations, and diversion of freight to bolster payments to Adams. urges immediate precautions to recover millions yearly.

Samuel P. Gibson New York, New Haven & Hartford Railroad Company New Haven Gibson Adams Express Co A Dams Express Company C.S. Mellen Edward A. Taft Express Department Express Adams “Press Company Pennsylvania Boston Adams Express Ainings Cort O Way Adams Express Company Express Company Boston & Albany Owl Springfield Adams Xpress Company Robbins C. S. Mellen Mellen

Shipping News and Market Prices From The Harbor

Beam trawler offers all kinds with cask volume but scrod not for sale. Dealers' prices listed for haddock cod hake pollock and cask varied. Hamburg American line changes Boston direct service replacing the Hamburg with Fuerst Bismarck sailing Jan 22 to April. Captain Kerr of Doane part owner of Ladysmith settlement paid $500. Doane loaded scrap iron for St John. Gloucester boats Saulsbury and Storey sold at marshal’s sale for $1050 and $1125 respectively. Kioto freight from Calcutta bound for Boston with million dollar cargo arrived. Cambrian reports position east of Boston Lightship. Athos sails with chalk for Boston. Icebergs seen near Belle Isle. Gas buoys discontinued and spar buoys established in North Channel.

Hamburg-American Line Boston Plymouth Boulogne Hamburg New York Naples West Indies R. 8. Kerr Doane Medford Ladysmith Maud Palmer Great Point Nantucket Palmer Kerr St. John Gloucester Schoonlers Saulsbury Arthur D. Storey F. D .McCarthy East Boston Matthew E. Kelley Charlestown Storey Bucknall Kioto Calcutta Colombo Manchester England Cambrian Athos Daily Hydrographic Office Belle Isle Teads

Shipping News Arrived With Multiple Steamers and Towing Barges

A list of arriving and sailing vessels including steamers Scotian Henry Caledonian Kioto and Nantucket along with towing barges Langhorne Tohickon and Paxinos details multiple ports Philadelphia Baltimore New York and Gloucester and several schooners and tugs in transit with vessel names and destinations.

Scotian Henry Glasgow Caledonian Cannon Manchester Kioto Smith Calcutta Jimore Grecian Hillary Phi A J. W Devereaux Keene Norfolk James 8 Whitney Crowell New York Malden Baltimore Dingley Linscott Portland City of Philadelphia Login Wiconisco Lincoln Ham Port Johnson John A. Hughes D. Pletcher Fred RB Richa Lenape Paxinos Ontelaunte Robesonia Vesta Qondence Lynn

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