Market Review and Outlook Signals Mixed Economic Readjustment
The week shows no major market shift as business leaders await firm demand. Unfilled orders at the Steel Corporation drop while production cuts appear across iron, textiles, tobacco, and other sectors. Bank suspensions are seen as cleansing, with monetary conditions improving and bond demand rising, but political and regulatory tensions loom as the presidential message calls for reform. William E. Soule notes cautious optimism and eventual better conditions.
MENTIONED IN THIS ARTICLE
Steel Corporation
St. Paul
Atchison
Hocking Valley
Canadian Pacific
Chesapeake & Ohio
Illinois Central
New York
Henry Crews
Wall Street Journal
William E. Soule
Kansas City Railway and Light Bond Issue
Kuhn Loeb and Blair of New York offer 4 125 000 five year convertible notes due 1912 on Kansas City Railway and Light. Series A redeemable at par, convertible into common and preferred stock, backed by extensive collateral. company shows 1 728 533 net income for year and 1 049 778 surplus for dividends.
MENTIONED IN THIS ARTICLE
Metropolitan Street Railway Co
Kansas City
Kansas City Electric Light Company
Kansas City Railway & Light Company
Kansas City Railway & Light Companies
Commor
Sudden Boston Cold Snap Drops 34 Degrees
A sharp 40 knot wind and sharp cold shocked Boston yesterday. After a 14 degree reading, the temperature dropped 34 points in 48 hours, with hats and people swept along streets and baby carriages blown into the street in Scollay Square. The forecast promises warmer, fair conditions today.
MENTIONED IN THIS ARTICLE
Scollay Square
Great Lakes
Quincy Hotel Fire Grips Wollaston Area
A blaze on the first floor of a barber shop in the Wollaston complex in Quincy broke out before midnight. Two alarms sent firefighters, confining damage to the first floor with about 3000 dollars in losses. The unoccupied Wollaston Hotel and surrounding shops were affected. owners include Dr. Merrill of Quincy. The fire likely started from an overheated stove in the barber shop.
MENTIONED IN THIS ARTICLE
Quincy
Wollaston
Oscar Minot
J. Wilbur
Dr. Merrill
Italian Cousin Stabbed in Family Dispute at 75 Prince
Lena Barrasso, 20, was stabbed in the left arm by Nunzio Barrasso 20 after a family quarrel at 75 Prince Street. Police stopped the disturbance and Nunzio was later arrested after confessing. Lena was taken to Relief Hospital for treatment.
MENTIONED IN THIS ARTICLE
Prince Street
Nunzio Barrasso
Lena Barrasso
Widdup
Station 1
Nunzio
Lena
Despondent husband ends life after wife’s death
Rochester N H Feb 2 Despondent over his wife s death Harvey Brown 55 a well known citizen here killed himself this morning by shooting himself through the mouth with an 88 caliber revolver A note found with his effects said he was tired of living and that the death of his wife over a year ago prompted the act He stated $3000 was deposited in a pure bank to be turned over to his three nieces
MENTIONED IN THIS ARTICLE
Rochester
N. H
Harvey Brown
Experts to Make Reports on City Departments Probe
In executive session the Finance Commission will review work by Hastern Audit Company Harvey Chase & Co and other accountants probing about 20 city departments. The sewer and water departments are key focuses with six months of expert inquiry and costs to be discussed. The commission aims to outline next steps for the coming week.
MENTIONED IN THIS ARTICLE
Amalgamated
Standard Oil
Glenevis
Albert E. Cummings
Finance Commission
Tremont
Hastern Audit Company
Harvey Chase & Co
William F. Hall
Water Department
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