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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Feb 21, 1910
Page
12
William E Soule reports that prices advanced all week with traders anticipating a downturn. The market showed strength in Reading, aided by news that Reading’s assets under new federal reporting rules would reveal concealed facts.
The period's reports show rising stock values despite no appropriation for publication, with forecasts of large future gains as earnings trend higher. Steel earnings are set to exceed last year, while railroad gains reach record levels in many regions. Grain and copper interests show mixed signals amid mining activity, labor tensions, and cautious optimism for 1910 dividends and further upside.
Worcester inventor James Hanson claims to have solved perpetual motion and says Worcester will host the first demonstration. He exhibits an automatic water pumping device at the Worcester exposition. Hanson, born in Denmark, built the machine with his son Oscar in Jamesville, aiming to adapt the design to a longer beam and oil lubricants to reduce friction.
The Chamber of Commerce announces its 1910 governance structure with officers Bernard J. Rothwell as president and John Candler Cobb as first vice president. Directors serving until 1911 include William A. Bancroft, Walter J. Bliss, James Richard Carter, and others, with extended terms until 1912 for additional members. Standing committees cover executive, affiliated bodies, education, banking, city planning, public welfare, trade, and more, led by chairs such as Frederick Law Olmsted, Edward A. Filene, and George S. Smith, among numerous appointees.
The Finance Commission warns that saving money requires cutting payrolls and removing excess city staff. It details proposed layoffs and argues for reduced salaries, merit-based promotions, and eventual shift to contract labor to curb taxes and improve efficiency.
Rabbi Charles Fleischer at Temple Isree yesterday argued there is no satanic core to socialism. He defended socialism as a path to economic justice, urging evaluation by its principles, not enemies' diatribes. He warned that plutocracy and autocracy threaten democracy and urged renewed dedication to freedom and righteousness.
The market saw North Butte fall to a quarter of its high with no policy change announced, Calumet & Arizona drop from 155 to 60 and trading in the 70s, and overall list weakness. A tip before official word suggests insider knowledge as investors hesitate to buy amid the copper metal outlook and looming need for industry action to lift prices.
Dennis S. Reardon aged 60 of 265 Columbus Avenue was knocked down and slightly injured yesterday morning while crossing Columbus Avenue at Berkeley Street. He sustained minor injuries and received first aid at the scene.
Michigan senator William Alden Smith shows further improvement after an appendicitis operation. He remains at the Homeopathic Hospital for recovery.
A calendar listing multiple securities and trading rights appears, noting open books for several railroads and mines. It mentions dividends, private privilege expirations, and prices cited for various issues including International Harvester and Delaware & Bound Brook.
Plymouth Feb 20 Miss Mabel Swenson daughter of L S Swenson the newly appointed American minister to Switzerland died on the steamer Amerika en route from New York death due to consumption. The body was embalmed and to be landed at Cherbourg. The minister Swen gon and his family were en route to Berne.
Buyers and managers of the Henry Siegel Company hosted a banquet Saturday night at a local ward to honor General Manager M H Sever and the firm’s past years’ success. R G Alexander served as toastmaster with speeches from J E Priddy and others. The event featured songs and dances by a troupe of negro minstrels.
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