Financial Q and A Policy in the Boston Post
Each Monday column answers inquiries on listed and unlisted stocks and bonds in New England industrial, utility, bank, and mill firms. It pledges impartial data but not guarantees accuracy and will not give market predictions or individual price opinions. Anonymous submissions are refused. include full name and address.
MENTIONED IN THIS ARTICLE
Boston Post
New England
Post
Boston
Mass
Clarifying floating indebtedness and small stock tips
The Q and A explain floating indebtedness equals all one year or less debts including trade bills and notes payable. Walpole Tire & Rubber is a decent industrial investment with growing revenue and solid surplus. First National Copper faces smelter issues and weak prospects. Silverton, Gladstone & Northerly railroad struggles with damages, low earnings, and bond default. Market review notes overall price declines, copper price volatility, and a hopeful shift after Balkan and Mexican issues, plus a strong bank statement supporting liquidity.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Union Pacific-Southern Pacific
Southern Pacific
Despond
South America
Paris
Argentina
Montgomery Ward 7% Stock Offering From Montgomery Ward Co
Lee Higginson & Co. offer investors $5,000,000 7 percent cumulative preferred stock at 103 1 2 with 20,000 shares unsubscribed. The Chicago firm, incorporated 1918, shows 1912 gross sales of 35 million and net profits of 2.347 million. Proceeds fund new plants in New York and on the Pacific, plus increases to working capital and a sinking fund.
MENTIONED IN THIS ARTICLE
Montgomery Ward & Co
Chicago
New York
Canada
Messrs. Arthur Young & Company, Certified Public Accountants
Michigan Avenue
Kansas City
St. Worth
Texas
Atlantic States
February Letter From First National Bank on Business Outlook
The First National Bank of Boston notes in its February letter a coming price readjustment and reliance on short term activity. It cites strong orders for spring though long term commitments are scarce, with tariff effects only moodily restraining trade. Demand driven by crop-related buying power supports a robust, though narrow, trade climate.
MENTIONED IN THIS ARTICLE
First National Bank of Boston
New England
United States
Calendar for Today Payable Dates From Various Companies
A calendar list of securities with callable dates and note on payable dates. Entries include Adams Express American Sumatra Tobacco Company Butterick Cripple Creek Central Deere & Co Independent Brewing Company American Bank Note American Radiator Borden's Condensed Milk Buffalo Mines Connecticut Ry Columbus Ry Niles-Bement Pond Pratt & Whitney M Rumely Tuolumne Copper Norfolk & Western Underground Electric Rys Meetings Daly-West Mag Hudson River Telephone Ontario Building Pacific Coast Coal Ry Company General Salmon Falls Mfg U. S. Motor and privilege expirations. Books do not close.
MENTIONED IN THIS ARTICLE
Adams Express
American Sumatra ‘Tobacco Company
Butterick
Cripple Creek Central
Deere & Co
American Bank Note
American Radiator
Borden's Condensed Milk
Buffalo Mines, Ltd
Connecticut Ry
Columbus Ry
Niles-Bement Pond
Pratt & Whitney
M. Rumely
Mtg
Tuolumne Copper
Daly-West Mag
Hudson River Telephone Ational Carbon
Ontario
Pacific Coast Coal
Rys
Company General
Salmon Falls
U. S. Motor
American ‘Tel
Tel
Fisk Rubber Company 7 Percent Preferred Stock Offered
A syndicate led by William Salomon & Co and others offers Fisk Rubber Company 7 percent cumulative first preferred stock at 1021-2 to raise 3 million dollars. The issue carries a $100 par, is fully paid, nonassessable, redeemable at 120 with accrued dividends, and includes a sinking fund cap at 120. The target company, Massachusetts chartered, plans to acquire Fisk Rubber Company of Delaware, with assets about 5 million and strong earnings.
MENTIONED IN THIS ARTICLE
Fisk Rubber Company
Massachusetts
Fish Rubber Company
Delaware
H. T. Dunn
Dunn
William Salomon & Co
Estabrook & Co
Parkinson & Burr
Curtis & Sanger
Fuill
Boston Stock Exchange
M. Rumely Co to Issue Notes for Working Capital
Financing of the M Rumely Company, a leading Western agricultural implement maker, takes the form of a ten million dollar issue of two year 6 percent convertible notes dated March 1 1915 maturing in 1915. Initially a stock sale was considered to raise working capital. The notes feature a likely conversion or equity aspect to bolster finances.
MENTIONED IN THIS ARTICLE
M. Rumely Company
West
Four fishing schooners dock at T wharf amid better weather
Four fishing schooners arrived at T wharf yesterday as fishermen anticipate a fish surge after a week of unusually dull activity caused by prior bad weather. Traders expect a large fleet of trawlers early this week, following calmer seas and improved conditions. The Sagamore from Liverpool sailed stormy and docked at Hoosac docks. The Itasca came from Province town to the navy yard, and the Sicilian from Charlestown sailed to Glasgow with a substantial cargo. Other steamers expected include the Braunfels from Calcutta, Bulgaria from Hamburg, Median from Manchester, and the Win from Leyland.
MENTIONED IN THIS ARTICLE
T Wharf
Warren Line
Sagamore
Fenton
Liverpool
Hoosac Docks
Charlestown
Itasca
B. Winram
Provincetown
Navy Yard
Allan Line
Glasgow
Braunfels
Calcutta
Bulgaria
Hamburg
Manchester
Win
Ship arrivals and yacht sales reported in The Landsman
Fredian of Liverpool sails on the steamship Nelson carrying 1,450,000 gallons Havana molasses. Red Star line Manitou from Antwerp due Thursday or Friday. Allan Haer Numidian from Glasgow due midweek. Hollis Burgess agency sold 44 foot power boat Helen of Fred A Porter Bangor to Fred A Schirmer Newton, Boston Yacht Club member, and 25 foot Sentana sloop of G Walter Vialle Concord to Rufus T French New York.
MENTIONED IN THIS ARTICLE
Fredian
Liverpool
Nelson
Havana
Cuba
Manitou
Red Star Line
Antwerp
Glasgow
Hollis-Burgess Yacht Agency
Helen
Fred A. Porter
Bangor
Fred A. Schirmer
Newton
Schirmer
Shipping News Miniature Almanac Summary
Shipping notes list 17 sunrises and six sets with day length ten hours forty one minutes. Itasca and Sagamore steamers arrive and depart trading routes from Liverpool Boston Yarmouth and Gloucester with numerous tugs and barges active in coastal traffic and several vessels returning due to thick weather. The report names Providence towns New Jersey and Maine ports and multiple schooners steamers and transports including Itasca Carpathia Prothero and Daniel Willard among others.
MENTIONED IN THIS ARTICLE
Itasca
Wilram
Provincetown
Carpathia
Prothero
Liverpool
Queenstown
Sagamore
Fenton
Boston
Simms
Yarmouth
N. S
Howard
Hudgins
Norfolk
Tuscan
Thacher
Philadelphia
Peter H. Crowell
Kent
Baltimore
Coastwise
Chase
H. F. Dimock
O’donnell
New York
Camden
Strout
Portland
City of Gloucester
Godfrey
Gloucester
Mary YY. Scully
Gege
Newport News
Shenandoah
Seek Schoolgirl and Youthful Husband in Virginia Flight
Anxious relatives and police search for Miss Lillian Campbell daughter of Judge Lawrence Campbell of Bedford City Va who escaped via a rope from a Virginia State Normal School dormitory window and eloped with Thomas D Berry also of Bedford City The couple paused to marry during their flight
MENTIONED IN THIS ARTICLE
Washington
Lillian Campbell
Lawrence Campbell
Bedford City
Virginia State Normal School
Thomas D. Berry
Also Mentioned on This Page
State St
Investment Securities
Foreign Exchange Letters OF Credit
Brown, Shipley &Co
West End
Pall Mall, S. W
J.E
Chelsea
Wilpolie Rubber Co
Walpole Rubber
Dedham
Walpole Tire & Rubber Company
Walpole Rubber Company
First National Copper
First National
Pk Brookline
California
Silverton, Gladstone & Northerly Railroad
Colorado
Silverton
Col
Silverton Northern Railroad
Otto Mears
Denver
Montgomery Ward & Co., Inc
New York Corporation
Bankers Trust Company
First National Bank
London
Messrs
the Fish Rubber Company
Chicopee Falls
American Appraisal Co
Milwaukee
Wis
Messrs. Price, Waterhouse & Co
Chartered Accountants
Messrs. Cravath & Henderson
Messrs. Ropes, Gray & Gorham
Bankers
Congress Street
State Street
Hartford
Curtis & Sanger Bankers
Lake Copper Company
Lake Superior
Calumet & Hecla
S Point
Pacific
Preferred
Norfolk & Western
Fisk Rubber CO
Rumely Company
M. Rumely CO
Boe
Shipping News
Sicilian
Perfection
Mary F. Scully
Hampton Roads
Ohio
Pottsville
Occidental
Daniel Willard
Edgewater
N. J
Riverside
Passaic
Stroudsburg
Sadie Ross
Marblehead
Nemasket