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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Feb 07, 1916
Page
12
The Boston Post financial column answers inquiries on listed and unlisted stocks and bonds for New England firms. Readers submit questions about specific companies, tax status, earnings, dividends, and prospects, with responses grounded in data from trustworthy sources.
A long market analysis describes Monday's sharp tumble followed by a partial rally as investors weigh whether the upturn will reverse the recent decline. Bulls argue accumulation by big interests and potential spring gains, while bears cite shallow volume and weak techs. War stocks and steel names figure prominently in earnings optimism for 1916 amid a German crisis backdrop.
The Rev. George G. Dewey of Philadelphia will visit Boston for several days. He will address Greater Boston’s men’s Bible classes at the Presbyterian Church on Columbus Avenue next Saturday and, that evening, speak at the Massachusetts Sunday School Association convention. Twenty new members joined Bromfield Tremont Methodist Friendly Church, and the Men’s Club will meet tomorrow. Dean Marcus D. Buell of Boston University will discuss the Coming Emergency. Newton Theological Institute summer school runs June 13 to 23 at Newton Centre.
Dr Charles Fleischer at Huntington Chambers Sunday Commons meeting described President Wilson as a radical. He defined radical as seeking to go to the root, noting the President’s own definition. The talk honored Charles Darwin on the 107th anniversary of the radical scientist.
Wall street rumors claimed a $75,000,000 stock issue or mortgage bonds would finance and liquidate the New Haven Railroad debt. President Howard Elliott publicly denied these plans last night after the board's special finance committee discussed paying or refinancing $27,000,000 in one year notes maturing May 1.
President Elliott states directors will reduce the 27 million notes as much as practicable from company resources and renew the rest on best terms. The table shows a 2.5 year debt cut of about 3 million and 9 million in property improvements. He denies a mortgage or preferred stock plan before May 1 and cites pending state commission reports.
The Loyola Guild of Boston presented Boston College with its third $2000 scholarship through Rev. James J. Mellyn S. J. The Rev. Charles W. Lyons S. J. accepted in St. James Hall after a concert. The Brother Fealey scholarship aids ambitious poor boys. Gasson and Father Boursard scholarships were earlier gifts.
The Rev. Frederick E. Heath denounces Boston as a grafted city driven by saloons and corruption. He claims politicians loot public funds, calls for moral reform, and urges Christian women to confront red light districts to save vulnerable women. He decries degeneration and urges plainclothes police action on social evils.
The writer argues that total war destroys Germany, predicting its inability to wage further conflict as its lines collapse. Indemnity fades, civilizational lessons prevail, and postwar wealth shifts leave Germany erased while allied nations endure, with a satirical note on global finances and power.
The Vatican denial from Apostolic Delegate Most Rev. John Bonzano refutes reports that the Vatican invests in American war munitions securities. It also rejects claims that the 1915 Vatican budget ended with a deficit of 5.9 million dollars, stating revenues and expenditures did not reach that amount.
Franklin H. Wentworth editor of the National Fire Protection Magazine argued at Bullfinch Place Forum that Christianity and socialism share the goal of strifeless progress. He said socialism protects the rich and would organize ownership of necessities for all, with government departments planning production and distribution.
Uncle Sam seeks electricians with marine work experience for a Navy Department inspector of machinery post in Quincy offering $4 a day. Civil Service Commission needs two years journeyman electrician with marine experience for Charlestown navy yard. Also rural mail carrier slots in Wakefield and Westford open to Middlesex county men with exam Feb 26 at multiple locations. Ship draftsmen needed in Washington and navy yards with salaries from $3.28 to $12 daily. Apply now to Civil Service Commission Room 145 Post Office Building Boston Mass.
The executive board of the National Federation of Cloth Weavers voted that if a wage strike occurs in New Bedford textile mills, the national body will provide moral and financial support to the strikers.
Thomas J. Collins of 6 Fitzgerald Avenue Winchester was killed near Cross Street station while walking along the tracks toward Woburn to attend church services. The accident occurred yesterday morning as a Boston main line train passed.
The Boston Central Labor Union urged Governor McCall to order a fresh investigation of the $3,000,000 dry dock awarded to Holbrook Cabot and Rollins for the Port Directors of Boston. They allege navy advised steel sheet piling but the firm favors pine planking, warning of safety risks and possible loss of life if used.
Organized labor in Boston heard Adjutant-General Cole urge enlistment as he spoke to the Central Labor Union on Preparedness. He argued the continental army would place soldiers under duty in strikes, countering a long standing union objection to selective service.
Union freight handlers at the N Y N H and H railroad will return to their posts according to seniority after an agreement with management ends a months long strike. Several hundred have already returned and remaining workers will resume as vacancies arise.
A conference on wage schedules and working conditions will occur this week between B and M management and a Dock Freight Handlers Union 809 committee. Six new members joined Bunker Hill Lodge of Railroad Trainmen in Charlestown. Jamaica Plain workers settle a Building Laborers Union 228 strike. Electrical Workers Union 104 approved a new wage scale and working agreement. Coal Teamsters Union 68 to present the new pact to employers on March 1. District Council of Plumbers Steam and Gas Fitters reviews a national referendum with broad impact on affiliated trades.
Thirteen year old Josephine Nardi of 50 Sea Foam Avenue Winthrop appeals to Fest readers after losing her handsome black Persian cat. She describes a silver ruff at the neck and asks for help locating the intelligent pet, fearing it may have been taken by some boys.
Pope Benedict received a report from Cardinal Scapinelli nuncio to Vienna on Italian prisoners taken by Austria. The health of the prisoners is good and they are treated humanely. The prisoners expressed gratitude to the Pope for his interest.
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