We Recommend These Bonds for Investment Circulars
A brief notice states bond recommendations issued upon request. It notes investor guidance and circulars available for potential buyers seeking fixed income options.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Dec 20, 1922
Page
21
A brief notice states bond recommendations issued upon request. It notes investor guidance and circulars available for potential buyers seeking fixed income options.
Hotchkin & Co specialists in mill securities list various manufacturing firms and utilities including American Glue Co Pocasset Nashua Salmon Falls and Alfred Light & Power among others with a Boston address and telephone number 460 Main.
The report shows customers loans and broker contributions with percentages. Individual customer loans stand at 54 percent. Commercial paper and year money both indicate five percent.
A mixed market report shows bids and spot prices firming in textiles and burlap while forward demand cools. Officials note possible price bumps in January for some fabrics and a broader market pause as buyers delay forward commitments.
Trading in the stock market diminished in volume but held a firm tone. Leaders included Baldwin Locomotive and American Locomotive gaining while the equipment group rose. General Electric retreated after an early rise. Investors awaited Allied Premiers talks and a European settlement on reparations before Christmas.
New York dispatch reports contractors in needle industry branches forming the Affiliated Garment Contractors' Protective Association Inc to shield their interests in talks with jobbers. The move, begun in cloak and suit sectors and spreading to dress and fur, aims for a nationwide union shop membership. Bradford notes wool top market strength with February Cape tops at 6d, boosting spinner yarn sales. New York reports a conservative stance prevailing in woolen and canvas markets.
Washington December 19 After a sharp opening skirmish the House began consideration of a proposed constitutional amendment to ban issuance of tax exempt securities by the federal government and states The measure backed by President Harding and the Treasury faces a tough fight as Republican opponents predict defeat while supporters say it will pass with a two thirds House vote after four hours of debate.
Ember days bring expected strong fish demand with limited supply at the Fish Pier as seven vessels report 291,000 pounds of mixed fish. Wharf prices rise for cod pollock hake and cusk while coal arrivals from British steamers Bjornfjord Eastern Leader Pinemore and Sangstad signal booming Boston foreign trade and a dock labor shortage with no union workers available.
Shipping news lists steamers Langstad Wiveland Pimemore Anderson and others sailing to Halifax Philadelphia New York and Panaman via multiple ports. Steamers Lapoata Wyncote City of Columbus Ruth etc proceed to or from Boston Baltimore Norfolk Savannah Jacksonville and Ch Lon. Local tugs and tows include Treve M Davisont Clara H Deane Pail River and Robesonia operating near Rock Harbor Philadelphia and Portland.
Wholesale price list for apples including MacIntosh Reds and Baldwins with bbl and box prices, plus beans and assorted farm goods. Lists by the 100 pounds and per bag, with grain, hay, and flour items, and poultry and mill products with varying regional prices. The messy OCR shows numerous item names and price ranges across multiple categories.
The Post Marine Record lists due dates and arrivals for numerous steamers from major ports. It names vessels such as Queen, Croxteth Hall, Prince Arthur, Titan, and others bound for or from Liverpool, New York, Havre, and Copenhagen with approximate dates and loading notes. An ocean forecast warns of strong southerly winds and overcast skies toward the Grand Banks, with northwest winds and choppy seas at specified coastal times.
Dublin December 19 William T Cosgrave president of the Irish Free State Cabinet said no decision had been made on a permanent home for the Free State parliament He doubted the old parliament house on College Green would be suitable due to lack of modern accommodations.
Six hundred bank employees from First National Bank filled Gordon's Capital Theatre on Commenwesits Avenue near Harvard, attending a group meeting last night.
In Washington the Senate failed to vote on a Republican Norris led measure and a Nebraska agricultural finance bill. Senator Jones pressed for consent while Norris assented amid objections from other senators, sparking a partisan clash on administering federal farm aid.
Washington reporters said the House judiciary committee would likely schedule further hearings after Representative Woodrum Michigan asked for documents from the Justice Department. The session yielded no new evidence and the panel planned to hear Woodrum the next day.
The finance commission submitted a 1700 page report on the Baldwin Place synagogue loan matter. District Attorney O’Brien said he would present the case to a grand jury if evidence warrants it after a confidential meeting with commission members. No formal finding was made and the DA must decide whether to pursue criminal conduct.
The House pushed forward on a Green constitutional amendment and tax securities issuance while the Senate debated privatization of the administration shipping bill and Norris financing measure. The judiciary committee pressed impeachment inquiries into Attorney General Dangty as nominations for the Supreme Court faced delays. Senator Ladd proposed Nicaragua inquiry amid occupation concerns. Action on Pierce Butler’s Supreme Court nomination remained pending with possible Thursday consideration.
Mayor Curley weighs a $2.6 million borrowing plan to widen the street between Charles Street Dain Square and Court arresé Bowdoin and Soollay to relieve town traffic. The project, stalled in prior years, gains City Planning approval and could create jobs for war veterans from the pay rolls of the public works department.
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