Try 7 days of FREE access to billions of articles

Start Free Trial

Boston Post in Boston, Massachusetts

We have 4,454,244 pages in Massachusetts

View this page and access billions of articles with a 7-day free trial.

Start Free Trial

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!

Start Free Trial

Cancel anytime, risk free

Not what you were looking for? Search our billions of articles

Advanced Search

Articles on This Page

This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jan 03, 1914

Page

12

Market Highlights from Yesterday's Trading

Summary of New York and Boston activity with shares traded totals and notable movers. Sears Roebuck led gains in New York while American Express fell. Boston saw gains by Boston Elevated and losses by American Sugar. Calf money and Time money figures shown for both markets.

Western Union Canadian Pacific Boston New York Reading United Shoe Machinery Sears-Roebuck American Express American Sugar

New York Stock Market Opens Quietly Amid Morgan Withdrawal Notes

The first trading day of the year showed little surface activity with a late selling wave erasing early gains. Morgan & Co retired from multiple boards, sparking speculation but no market impact, while European markets were weaker and US bonds moved in sympathy with modest turnover totaling $2,175,000.

New York Stock Exchange Banking House of Morgan & Co Europe Paris Bank of France Bank of England United States Panama

Local Boston Stocks End Mixed Amid Uncertain Trade

The Boston market shows narrow interest with American Telephone sliding from 119 1 8 to 117 1 4 and closing at 118. Boston Elevated rises about 2 1 2 points on moderate volume as short covering appears. Shoe Machinery shares trade heavily, closing around 53 6 1 4, while United Shoe awaits government action on a lawsuit. Copper stocks remain subdued with North Butte Amalgamated Granby and Lake Copper showing limited activity.

Boston New York Telephone American Telephone United Shoe North Butte Granby and Lake Copper Register Boston & Maine Osceola Allauez Arizona Gulf Boston & Albany Boston & Lowell Poston & Maine Cal & Arizona Isd CP & Ltpf Edison Elec A Sakt Indiana Island Creek Isle Royale Kerr Lake la Salle Maine Central McElwain Ray Consol Reece Hole St Mary's Fsaee Oo Santa Fe Shannon Eee Superior Su & Bos Ov 11-16 & Co Swift Tamarack Torrington Ae BSO Trinity Sete Bai United Fruit S. Steel Utah Consol Utah Cop Co Il West Nee Winona Seee ' O Wolverine Eeesee Ar

Swift & Co Annual Report Highlights Strong 1913 Results

Swift & Co reports for the year ended Sept 30 show earnings of 12.4 percent on 75 million capital stock and a 35 million surplus boosting book value to 144 a share. Gross business tops 400 million for the year, up 30 percent from 1912 and 60 percent in four years, while net profits to stockholders run 2.3 percent.

Swift & Co

Boston to Have a Reserve Bank in the near future

Street chatter credits the Boston clearing house action with a likely establishment of a regional bank in Boston. Bankers say Boston’s large banking business supports a third or fourth largest regional bank, with eight regional banks nationally now mandated by Congress. The note plan for Boston & Maine debt and Hampden notes dominates finance talks, while gold production in 1918 fell for the first time since 1899 and gold supply gains slowed since 1907, potentially calming stock markets. North Butte Mining Company reportedly increased its capital by 20 000 shares to 430 000, disclosed via Boston Stock Exchange sheets.

Clearing House Boston New York Boston & Maine Hampden Railroad New Haven United States Mint North Butte Mining Company Boston Stock Exchange

Trade Review Signals Slower Activity Across Industries

R G Dun & Co reports restricted iron and steel output during the holidays with blast furnaces temporarily shut, steel operations down, and new orders at about 50 percent capacity. Cotton goods steady, woolen mills idle, department store receivership disturbs retail. Optimism remains among large merchants as dullness persists in staples and apparel. Failures rise in the United States to 381 with 34 in Canada.

New York R. G. Dun & Co United States Canada

Money Markets Steady Exchange Rates Reported

The foreign exchange market remained steady with bankers trading in the afternoon. Sterling values and other currencies show small adjustments with cables at 4.8015 dollars and 4.8500 dollars, sixty day bills around 4.805, and francs around 5.20 percent.

American Trust Company stockholders vote onFederal Reserve Act subscription

At the annual meeting on January 14 stockholders will authorize directors to apply under the Federal Reserve Act for the right to subscribe to stock of a Federal Reserve Bank for the Boston district. Hollinger Gold Mines reports four week profits 3118 091 with costs 2.85 per ton and 96.16 percent ore extraction from $15.17 ore. Goldfield Consolidated mined 8 947 tons in November with net earnings 170 779 and net cost per ton 5.88.

Gen Motor Jevesot Goodrich Smell & R Ag Int Harvester Tel & Tel Pt U Lehigh Valley Liggett&Mey Cpé Ohio Mackay Met Marine Pf Beth Steel Met Pet Co Lt Bkiyn RT Sig Met Pet Co Ltd Nevada Nh&h Nor Pac Col South Nor Southern Nor & Wes Deere & Col American Trust Company Federal Reserve Act Federal Reserve Bank Federal Reserve District Boston Mass Hollinger Gold Mines Goldfield Consolidated

Belmost to Sell $60,000 4 Per Cent Bonds

Belmost Massachusetts will accept bids until 10 a m January 7 for 60000 four percent bonds dated December 1 1913 and due 3000 in 1914 through 1933 inclusive.

Belmost Mass

Morgan Firm to Retire Directors in Major Shakeup

J P Morgan & Co withdraws five directors from 27 corporations and plans further resignations. Interlocking boards and broker chatter reveal no advance notice to markets as Morgan announces the departure from directorships.

Morgan Firm

Morgan Firm Plans Withdrawal From Many Boards

J P Morgan & Co announces resignations from numerous corporate boards citing time burden and shift in public sentiment. Other Morgan directors also step back from companies while remaining insiders in key firms. analysts see trend toward ending interlocking directorates in finance.

Wilson Hears Morgan News Before Busy Session

President Wilson, after a morning golf game in Gulfport, reads the AP dispatch on J. P. Morgan & Co. withdrawing from directorates. He notes interlocking directorates may be addressed by Congress with separate legislation coming in the session. The paper then lists numerous church services and sermon topics across Boston.

Gulfport Miss Wilson Associated Press J. P. Morgan & Co Morgan Congress Washington House

The New Religion and Spiritualist Talks in Boston Notes

A page listing religious and spiritualist events in Boston including lectures by Mr. Hay and I. F. Hoskins, concerts and services at King’s Chapel, and a wide range of Society meetings across multiple halls with dates around January 4. Notable names include Horace B. Blackmer, Rev. Howard N. Brown, Rev. Sydney B. Snow, Dr. Slattery, and Adele C. Williams.

First Baptist Church Commonwealth Age Cor Clarendon St Austen Kennedy de Blois Commonwealth Ave Shelley Martin Humperdinck du Bois Verdi Warren Avenue Baptist Church West Canton Street Tabernacle Baptist Church Herbert S. Johnson D. D Frederick E. Heath Heath Dr. Johnson Curley Robert Lister Isabel Melville Pilgrim Guy Mitchell Ruggles Street Baptist Church Llewellyn L. Henson Brooklyn N. Y Bible School W. Thomas Bone A. A. Rideout Blaney Memorial Church Tremont ‘Temple Baptist Church Stringers Brotherhood and Girls Cortland Myers D .D Lotus Mme Wilhelmina Wright Calvert Temple Chorus A. J. Pairbanks Immanuel Baptist Church Adams Street Field’s Corner J. Cromwell Hughes Merle Stetzer Conservatory of Music Immanuel Clarendon Street Baptist Church Clarendon and Montgomery Streets James A. Francis N. C. Barnes Dudley Street Baptist Church Fulton Union Square Baptist Church Walnut Street Somerville Francis W. O’brien Centre Street Baptist Church Mozart and Centre Streets Jamaica Plain C. W. Hidden Old South Church George A. Gordon Willis H. Butler Gordon Hope Chapel Shawn At Church Pleasant Streets G. Charles Gray North Congregational Church Massachusetts Avenue Roseland Cambridge Vincent Ravi Mary Harger Adelphi Union Congregational Church Columbus Ave West Newton St Sidney T. Cooke NEW Church Church OF the New King's Chapel Tremont School Streets Howard N. Brown Sydney B. Snow Mr. Brown Mr. Snow Lowell Common Cause Society Faneuil Hall Sp. m Charles A. Zeukert New York B. Gertrude Halls Huntington Chambers NEW Thought Forum Gal- Church Newbury Exeter Clyde Broomell People’s Temple Columbus Avenue Berkeley Street Slattery THE NEW Thought Church (Inc Richards Hall Emma C. Poore First New Thought Society OF Boston Chauncy Hell Boylston Street C. E. Norris Odd Ladies’ Hall Tremont Street Fred Gowing Adele C. Williams UNTTY Huntington Avenue Gainsboro Street Frederick A. Wiggin Co-Operative Spiritual Society Belle Jennings W. L. Clough Castle Hall Nuss Arena Band Boston Opera Company Spiritual Endeavor Society Pleasant St Stanwood Hall Malden Elirele Nellie Abbott Lawrence A. E. Wilson Allerton Hall Washington St Hayden George Parks Nutter Cambridge Hall Massachuset Avenue George W. Nutter First Science Bible Spiritual Church. (Inc Washington Hall Rebecca G. Treadwell Harvey Redding Hall Huntinton Chambers American Psychical Research Society, Inc Harmony Hall N. P. Smith

Morgan Action on Interlocking Directors Won’t Halt Legislation

Officials viewed J P Morgan & Co action as a positive step but believed Congress would still push to ban interlocking directorates this session. Lawyers noted Morgan gave up directorships in several large banks yet money trust concerns remain unresolved.

United States Steel Corporation International Harvester Company International Morcantile Marine Company J. P. Morgan & Co Erie and Southern George F. Baker Baker Morgan Congressional Pujo Committee Morgan & Co Samuel Untermyer Pujo Untermyer Morgan Partners Morgan Institutions First Securities Company First National Bank Chase National Bank New York Frank A. Vanderlip National City Bank Wall Street Guaranty Trust Company Mr. Baker Messrs. Porter Davison Washington Jan Congress Money Trust House Committee

Morgan Cutbacks and Interlocking Directors Debate

Officials note most connections severed were with railroads and expect big New York banks to stay intact for now. Representative Lindbergh says Morgan & Co actions may not alter pending legislation as big business aims to address public demands. Bradstreet's Review reports irregular holiday trade, jewelry strength, weaker apparel sales, railroad return to steel rail market, lower pig iron prices, and many industry shutdowns.

New York Lindbergh Minnesota Morgan & Co Bradstreet

New England Mills Steady to Slow as Holiday Trade Surges

Fall River mills remain busy on older orders while Southern coarse goods endure keen competition. New Bedford plants run at about 80 percent capacity as bank clearings fall 7.1 percent from last year and exports show mixed totals for wheat, flour, and corn amid overall dull Canadian trade. Holiday buying exceeded expectations.

Fall River New Bedford New York

Copper market eases as demand stays quiet

Copper markets show electrolytic copper at just under 15 cents a pound delivered in 30 days. Dealers cut prices to about 14.34 cents but hold little stock for large concessions as demand remains slow.

Also Mentioned on This Page

Kidder, Peabody & Co Devonshire St Baring Brothers London New York Market Boston Post Boston Herald Boston Globe Boston Transcript Boston Journal Rock Island Rumely Co Pt Seaboard Air L Pacific Texas Co -13 Union Pacific Utah Westinghouse Woolworth Eee Boston Stocks State Street Maine Bay State Gas Butte & Lon Caribou Calaveras Feeewnes Pon Davis Daly Tees Majestic Stere Setae Tee Uy Smokey Dev Utah Metal Braden Ite Ton & Montot Ffield Consol R Lake Dun Money Markets Tae Grain Markets Chicago Owen High Yan Tee Eee Prey Csses Couses Minneapolis RST& Duluth St. Louis H1ny Pty Kansas City Toledo Detroit Liverpool Prey Close Oet Finance Mr. Morgan More J. P. Morgan New York Central & Hudson River Railroad Company West Shore Railroad Company Lake Shore & Michigan Southern Railway Michigan Central Railroad Company Chicago & St. Louis Cleveland, Cincinnati, Chicago & St. Louis New Haven & Hartford Central New England Railway New York, Westchester & Boston Harlem River & Port Chester Milbrook Company New England Navigation Company New England Steamship Company Rhode Island Company Rutland Railway Company Hartford & Western New York, Ontario & Western Railway Western Union Telegraph Company Charles Steele Jersey Central Railroad Company H. P. Davison American Telephone & Telegraph Company Astor Trust Company Guaranty Trust Company of Chemical National Bank W. P.porter Bankers Trust Company Northern Pacific Railway International Mercantile Marine Company National City Bank of New York National Bank of Commerce of New York Mr. Steele Atchison, Lehigh Valley Northern Pacific Fire, Southern Indianapolis & Louisville Chicago Great Western & Alabama Great Southern Railroads General Electric Company Pere Marquette Railroad Jemington Typewriter Company H. W. Johns Manville Company Fidelity & Casualty Company Cruikshank Company Associated Land Company Mr. Lamont International Tarvester Company International Agricultural Corporation First National Bank of New York Kuhn, Loeb & Co James Speyer & Co Washington Administration Sign of the Times Times American Telephone & Telegraph Co J. P. Morgan, Sr Adventist Advent Christian Church Warren Street Roxbury O. Farnham Christadelphians Franklin Union Christian Scientist First Church OF Christ, Scientist Mother Church Falmouth Norway St. Paul Streets Episcopal ST. Paul’s Cathedral William Lawrence A. B. Parson William S. Packer Church OF the Advent Mt. Vernon Brimmer William Harman van Allen T. D D. OG. L Jesus Emmanuel Church Newbury Street Flwood Worcester Samuel McComb Ralph Bray ST. Ann’s Hast Cottage Dudley Street George EB. Jenner ST. Stephen'shurch Florence Street Lutheran ST. Mark's English Lutheran Church Winthrop Street Edwin Lynn Miller J. Barbara Werner Methodist Episcopal Berkeley St A. H. Nazarian First Methodist Episcopal Church Temple Street State House Frank W. Collier Harry F. Ward Alton Packard Salvation Army Salvation *Army Salvation Meeting Battle For Souls Adjutant Hartman Syracuse Hartman Hale Antrim Donald and Campbell God Mr. Hay Horace B. Blackmer Rogers Marston Hay Unitarian People's Forum Charles Fleischer Christian Mission To Lincoln Hall Concord St Henry Greeley Morrison I Franklin Boston Socialist Forum Hal Sol Freidman CN. Y Catharine Thompson Lord Lynn Association OF Spiritualists Cadet Hall Market Street Mae Pepper Vanderbilt Lyceum Seollay Square Lynn Metal Markets the Post
Search Courier

Search the Boston Post Today with a Free Trial

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.

Not Finding What You Were Looking for on This Page of The Boston Post?

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!

Looking Courier

Browse Newspapers

You can also successfully find newspapers by these browse options. Explore our archives on your own!

By Location

By Location

Browse by location and discover newspapers from all across the world.

Browse by Location
By Date

By Date

Browse by date and find publications for a specific day or era.

Browse by Date
By Publication

By Publication

Browse old newspaper publications to find specific newspapers.

Browse by Publication