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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 12, 1912
Page
14
Pacific Smelters announces information will be furnished only to stockholders and interested parties who call at the office for details.
Charles A. Stoneham & Company reports mixed activity across New York and Boston. Total sales to date show New York at 3,724,000 shares and Boston at 497,568 shares since Jan 1, 1912, with notable gains in Mackay Companies preferred and N. E. Tel. & Tel. in Boston, and losses in Reading 2d preferred and Osceola Consolidated.
After a strong start prices fell in the second hour with Union Pacific down to 166 1 4 and Reading to 148 1 8. Lehigh Valley held firm while overall sentiment shifted from bulls to cautious purchases on reactions amid tariff Talks and antitrust actions. Lehigh Valley also announced a 10 percent stock dividend via a new coal company formed from its coal unit.
The Boston market shows quiet in general with sharp traders protecting gains in copper shares. Mayflower and other low priced issues face modest selling absorbed by brokers tied to the last boom, while Amalgamated holds a narrow trading range. Steel common declines in New York influence, with Massachusetts Electric warrants and American Telephone drawing interest. overall close tone remains firm.
The Lowell Machine Shop increases capital stock to 2 250 000 with 1 250 000 6 percent cumulative preferred stock. Lee Higginson & Co. buys the preferred on a 5 3 4 per cent income basis. The Boston Curb lists 67 374 preferred and 184 748 common of New River. 77 334 Contact Copper shares listed. Frank A. Ruggles releases annual Stock Fluctuations with new New Bedford data. Guy E. Tripp resigns as vice president of Stone & Webster to chair Westinghouse Electric. Jeremiah Colman gains partnership at Hawes Tewksbury & Co.
Rhode Island Coal and United Verde Extension led yesterday's curb market with wide price fluctuations. Con tact Copper showed sales between 11 and 8. Other notable issues included Boston Ely Bohemia Superior Globe Arizona Michigan Bingham and Porcupine Northern with detailed fluctuations recorded.
Fitchburg Massachusetts invites bids by 12 30 pm January 16 for multiple 4 percent bonds. The issue totals include 100000 dated August 1 1912 payable through 1921 and 90000 dated November 1 1911 payable through 1921 plus 10000 dated November 1 1911 with staggered maturities through 1941 and 300 with maturities 1922 to 1931 and 200 through 1941.
Announcement lists semi annual and quarterly dividends for firms including Minneapolis General Electric International Pneumatic Tube Pneumatic Transit Fall River Gas Works New England Trust Baltimore and Ohio R R Co. with dividend rates and stock of record dates in February January and March.
Bay State St Ry first preferred H B Claflin Co common Great Northern preferred Inter Nickel preferred Mahoning Coal R R common Mex Lt and Power Ltd common Michigan State Tel preferred Books Open H B Claflin Co for meeting
Two schooners brought about 51 500 pounds of haddock and 10 100 pounds of cod to the T wharf with haddock at 63 4 to 64 cents per pound and market codes at 10 to 64 cents. The Eve lyn I Thompson reported 45 000 pounds of fresh haddock and cod but refused 3 cents per pound. The Patience towed barges Sterling Endicott and recovered both. the City of Augusta wreck noted. Clintonia returns with 1200 barrels of frozen herring and crew suffering due to gales. Carolyn runs ashore near Metinic Island.
Multiple vessels report damage and stranded ships after a severe gale. The Wilhelmina remains ashore at Truro with ice delaying salvage. the Carolyn loaded with paper and potatoes stayed in harbor after crew rescue. Lightships Diamond Shoals No 71 and Nantucket Shoals face repairs, while the Grace Darling endures a 18 day voyage with freezing spray and ice. The Ivernia sailing from Cunard is canceled due to a longshoreman strike. The Margaret Haskell reports a damaged rudder and heavy ice as she carries coal to the port.
Maritime log lists arrivals including Beta Berg City of Macon and Eocene with numerous barges. Cleared and sailed entries detail steamers San Jose Celtic and U. S. S. Celtic plus multiple tows toward Philadelphia Baltimore and Norfolk. Notes include tides dawn to dusk, and a Frances V. Sawyer arrival remark.
The Rev. George H. Holt, pastor of Central Baptist Jamestown, plans marriage to Rose Edmands and will leave Jamestown for the First Baptist Church of Barre Vermont. Holt, Richeson case, and Edmonds sisters caused family strain and were tied to a material witness trial.
A petition calling for repeal of the capital punishment law circulated in Los Angeles with an appeal to Governor Johnson to reprieve all condemned prisoners until voters decide on the issue.
Paris January 11 Robert Bacon said he mailed to President Taft his resignation as ambassador to France. He added he would be glad to return to American citizen life and assist in solving the nation’s vast problems.
Mr Bacon advocates earnest practical idealism for city state and national life while expressing intent to support Harvard work and progress without signaling a political aim. He says resignation has no hidden meaning and denies aiming to back Roosevelt or others. He hints at possible future ownership or management of a major daily newspaper.
A pin cushion design from the Embroidery Made Easy series will appear in next Sunday's Post. The pattern can be transferred without tracing paper by using soap and water.
The Commonwealth of Massachusetts invites sealed proposals for 1 315 000 in serial bonds exempt from Massachusetts tax. Bids due noon January 23 1912, opened publicly, payment in gold or equivalent. Each bid requires a 2 percent certified check. Delivery within ten days. Elmer A Stevens Treasurer reserves right to reject all bids.
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