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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Feb 20, 1919
Page
21
A scanned bond market page shows varied quotations across United States and foreign issues. Prices range from roughly 92 to 98 for Libor and government issues, with several British, German, and Pacific stocks listed alongside rail and utility bonds.
A new railroad committee formed by the Investment Bankers' Association gathers top bankers led by Allen B Forbes of Harris, Forbes & Co. The group opposes permanent public ownership and favors return to private control after Congress enacts necessary legislation.
Current prices show brokers' customers loans at 5 percent, outside brokers' call loans at 542 percent, customers' commercial loans at 6 percent, individual customers' collateral loans at 6 percent, commercial paper at 6 percent, and year money at 6 percent.
The Boston Elevated trustees and James H. Vahey along with Boston Car men's Union leaders held a cordial meeting at 101 Milk Street. A joint statement followed while weather delayed voyages, two cargo booms were torn loose, and minor deck damage occurred. The Neptune tugfire loss near New Bedford totaled about 300000 dollars.
At Tuesday hearing Chairman James F. Jackson disputed a misquote claiming he hinted at a wage fight to cut fares. A joint statement by trustees and the Boston Carmen’s Union says harmony prevails and wages remain under the War Labor Board award until peace is declared.
Tide and celestial data for February 20 1659 with morning tide 9 feet 2 inches and evening tide 6 inches. Full moon dates listed March 16 and April 15, new moons March 2 and March 31, with evening stars Venus Mars Jupiter and Saturn visible in specified periods.
Four vessels arrived reporting a sever e northwest gale over the past days. The Fannie Pres ecott lost 10 dories overboard west of Georges Bank and cut its trip short. Receipts included 21,000 pounds of scrod and other fish. prices for haddock and cod were listed. Ships Bohemian and Prinses Juliana arrived or departed, carrying passengers and troops. ice reported by the Dutch freighter Marken. Cottesmore from Glasgow arrived after a 22 day voyage with instructions to Portland area.
The column lists arriving steamers Prinses Juliana Douglass Cottesmore Pepperell Marken Wieringa Grecian Page City of Gloucester Larsen and others via Halifax Norfolk Philadelphia New York and Rotterdam. It notes sailing of Aranmore with tugs Saturn and barge Providence from Lamberts Point and Beverly. Edwin L Pilsbury towage Pickering from Port Reading to Lynn.
Police Commissioner Curtis petitions the Legislature to repeal a civil service provision allowing affected employees to seek court review of removals or suspensions. The act permits hearings, possible reinstatement, and finality of the court decision, excluding police and certain Metropolitan Park Commission staff.
A 1918 amendment extended to the police the right to appeal removals and rank changes. The Boston Social Club's legislative committee credited with passage. Commissioner Curtis seeks to bar further appeals, raising concerns among police about power and pay. A hearing date is not yet set, and officials note the prohibition affects review avenues.
Curtis order bars police from testifying before committees angering rank and file. Boston Social Club meetings at Intercolonial Wall Roxbury discuss affiliating with another group, with American Federation of Labor as the implied goal. Executive board empowered to act. a meeting will be held soon.
District Attorney Pelletier, at the third annual Boston Carpet Club banquet in the Hotel Victoria, called the State prison one of the worst holes in the world and the Charles Street jail so primitive it belongs to an age not in the memory of living man.
Three speakers at a Boston club meeting address business leaders on war era reforms. Pelletier condemns public indifference while urging humane housing for inmates. Cormerais and Hunt recount service with the 26th Division and 55th Artillery, highlighting discipline and battlefield souvenirs.
Washington reports that shipbuilding wage increases are being considered by Director-General Piez of the Emergency Fleet Corporation. He cites Seattle and other locations where labor troubles have arisen as the focus of this review.
Washington reports the Cuban government has imposed a 60 day embargo on all imports of wheat flour. The War Trade Board announced the measure for American exporters and said details were not yet available.
For two hours last night at East Boston High School Hall the Boston Elevated trustees held a public hearing. Vigorous criticisms of the Elevated system and its service, and of past and present officials and others connected to the road, dominated the discussion.
State Senator John J. Kearney and Reps. Niland and Ahearn join outsider Frank Seiberlich in East Boston transit hearing. Chairman James K. Jackson and trustees promise faster two car service, zone pricing test, and public input while addressing past expenditures and calls for open records.
In Revere on February 19 James McAvenia beloved husband of Catherine McIntyre. Funeral from his late home 39 Barrett Street Saturday February 22 at 8 15 a.m. High mass of requiem Immaculate Conception Church at 9 relatives and friends invited. He was a member of Paul Revere Lodge A O U W Providence KR L.
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