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 20 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Feb 07, 1914
Page
13
The New York Central shows a two point drop as talk of dividend cuts weighs on trading. Bond markets reflect light selling in both New York and Cuban issues with a Republic of Cuba loan of 10 million dollars heavily oversubscribed amid notable activity in Atlantic and Gulf bonds.
Total sales in New York 320 800 shares and Boston 23 568 shares with Steel common leading activity 47 300 shares and Utah Apes 2170 shares in Boston. Year to date New York 12 451 900 shares and Boston 821 095 shares. Corresponding period last year New York 9 861 900 and Boston 770 672. Major gains Am Brake Shoe Foundry 312 to 97 and United Fruit 2 1 2 to 170 1 2 in Boston with American Sugar 1 1 2 to 112 2. Call money New York 4 52 per cent Boston 3 to 3 1 2 per cent Time money New York 3 4 to 4 per cent Boston 3 1 2 to 4 3 4 per cent.
Quotations fell slowly on the New York Stock Exchange with little change in the overall market. Rail stocks faced pressure from unfavorable December reports and freight rate delays, while copper and steel showed mixed results as investors waited for a stronger January showing.
Boston with a cautious trading day shows price softening across copper issues amid digestion of recent gains. Nipissing dips to 41 1 2, United Fruit rises to 170 1 2, while Steel Common Nipissing Butte & Superior and Alaska Gold hold near Thursday close. Bond activity remains fairly heavy as Telephone 4s and Atlantic Gulf 6s dominate.
The Northern Texas Electric Company of Fort Worth Texas declares a semi annual dividend of 3.00 dollars per share on preferred stock and a quarterly dividend of 1.75 dollars per share on common stock. Record dates are March 2 1914 and March 34 1914. Transfer agents are Stone Webster.
Prices tended to lay off during yesterday with New York Central slipping over two points amid mixed sentiment. Library Bureau earnings rose 10 percent from 1912, while Nipissing stock drew attention on high dividends and speculative risk. Butte & Superior zinc output rose in January fueling dividend speculation for the near term.
Central Fireworks Company declares 5 1-2 percent on preferred stock payable Feb 0 to stock of record Feb 10. May Department Stores Company sets 11 4 percent on common stock payable March 10 to record Feb 16. Standard Oil NY offers $2 a share payable March 14 to record Feb 24. United Cigar Manufacturers announces 3 4 percent on preferred stock. United Drug Co of Massachusetts confirms 2 percent on common stock and 1 3 4 percent on preferred payable March 2 to record Feb 20.
Pennsylvania Railroad sold to Brown Bros & Co and Edward B Smith & Co for 3 311 000. Connecticut Railway Company's first mortgage 4 per cent bonds due 1951 guaranteed by the Pennsylvania Railroad. A New York syndicate offers to the public 10 000 000 in Cuba external debt 5 per cent bonds due 1949. Medford Massachusetts awards temporary 100 000 loan to Curtis & Sanger. Other bidders included Estabrook & Co Blake Bros & Co Worcester North Savings Institution Loring Tolman & Tupper and F S Moseley & Co.
Washington Feb 6 A possibility of compromise between the New York Stock Exchange and the Senate banking and currency committee on federal regulation of stock exchanges was suggested at a committee hearing. H K Pomeroy former exchange president and on the board of governors agreed to submit written suggestions as to advisable legislation.
Mr. Pomeroy told the committee listing rules vary by exchange and pledged to draft a plan to extend drastic rules to other U S exchanges. Senator Omerene pressed for nationwide standards while critics warned against central control. George H Kendall urged NYSE incorporation to regulate securities printing and feared monopoly limits. Further testimony from Consolidated Exchange members expected tomorrow.
Bradstreet's notes cautious optimism across industries led by iron and steel. Textile and woolen goods show activity while buyers stockpile. Bank clearings reach 3.774 billion dollars, up 3.6 percent from last year. wheat and flour exports exceed 2.7 million bushels, corn 297 thousand. Canada shifts from pessimism to conservative optimism amid credit caution.
R G Dunn weekly review cites revived business activity with stronger iron and steel showing price gains of up to one dollar per ton. Copper bookings rise for domestic and foreign accounts while quotations firm. Mild weather limits distribution of heavy clothing and footwear. US failures total 3872, Canada 57, vs last year.
Miami reports January copper production at 3,258,000 pounds, below December and above January last year. Harold E. Phipps, ex Exchange Trust and Fidelity Trust, is named special representative for the mortgage certificate department at Associated Trust. Frank A. Kendall, architect from Peabody Stearns who designed the new portico specifications, joins Associated Trust as general architect.
A compact listing of market quotes and percentages across Philadelphia and nearby exchanges. Includes prices and percent changes for sectors such as cement, gas, steel, salt, and transportation, with references to banks and utilities.
Directors hold the same opinion as myself in this matter.
Boston and Maine directors weigh candidates to lead the railroad after McDonald’s sudden departure. Possible successors include General Manager Pollock, Vice President Hobbs, Connecticut and Passumpsic head H. E. Folsom, and Boston & Maine vice president Benjamin Campbell. Officials note relations within the company remain harmonious while trustees for New Haven stock are being named under DoJ guidance.
Following a board meeting in New York on February 6, B M Trustees Chairman Elliott said the directors of the New York New Haven Hartford railroad have selected five nominees but will not reveal them until approvals are obtained in Washington.
The famed preacher Pastor Russell will show his Photo-Drama of Creation at Boston Theatre. Afternoon session starts 3 PM and evening at 7 30 PM with moving pictures in three sections. A morning lecture on Satan's Greatest Lie is at 10 30 AM. Seath are free and no collection will be taken.
Olin N. Stone aged 47, foreman at Walker Ice Company storage plant at Coes pond, slipped from the apex of an ice sluice and fell about 30 feet. He suffered a fractured skull and died at City Hospital just before midnight. He is survived by his widow.
Boston College class of 1915 held a ballroom promenade at the Somerset Hotel after a reception. More than 800 invitations were issued for the dance as students and friends enjoyed the evening into the early hours.
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.