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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jul 06, 1914
Page
14
Boston Post outlines Monday inquiries answering listed and unlisted New England stocks and bonds with impartial data. It warns it does not guarantee accuracy or offer market opinions and requires full name and address for submissions to the financial editor.
An investor asks whether 20 shares each of Pennsylvania Railroad and Steel common, 20 of Miami Copper, and 16 of Brooklyn Rapid Transit suit a reinvestment strategy. Pennsylvanias dividend is stable though earnings may tighten. Steel common offers long term potential but faces near term deficits. Miami Copper shows weak profitability. Brooklyn Rapid Transit shows rising earnings, large recent stock increase, and a city subway lease backing its value.
Questioned safe investment due to parent guarantee but with weak subsidiary finances. Westchester deficits cited for year to June 30 1913 show earnings 289000 against expenses 4689000 and further charges of 1235000.
Select group of municipal and corporate bonds offered by top bankers with current price and yield. Includes City of Lachine 5% bonds due 1954, Jackson Miss Light & Traction 5% bonds, Virginian Power 5% gold bonds, State of Maine 4% highway bonds, Tennessee 4 3/4% temporary loan, Merchants Heat & Light Indianapolis 5% bonds, and Indianapolis market details with security features and tax status.
CANADIAN MUNICIPALS N B Stark and Co Montreal and Boston offer two new issues. City of Montreal Protestant School bonds priced 97.59 yield 4.65 percent. City of La chine P Q priced 96.50 yield 5.20 percent.
Market observers note a week of partial recovery after a late June dip with bulls urging a coming revival. Bears anticipate further declines in Steel and Amalgamated and a possible 20 point fall, while bulls argue the current downturn prices in a broader recovery, aided by easy money and record crops. The first half of 1914 shows $185,000,000 in failures, a record, and the pending railroad rate decision is seen as delaying any major move until its ruling.
In Vera Cruz rumors claim provisional President Huerta may form an alliance with Emiliano Zapata, a move many view as unlikely yet plausible. Reports say Huerta has entered negotiations with the Morelos leader while Mexicans in the capital and abroad fear a coming crisis. Special trains carried officials and family members from Mexico City toward Puerto, with Huerta’s wife reportedly staying behind.
Despatches from Mexico City report Huerta plans to turn power to Lascurain to appoint a constitutionalist as Foreign Affairs Minister. Lascurain would resign, leaving a constitutionalist to succeed, with Huerta possibly given a foreign post. Some doubt the scheme, but Carranza representatives in Washington keep hope for talks.
Reports say Carranza and Villa discuss the federal force estimates after Carranza delegates sign a confidential paper before leaving Saltillo for Torreon. Six military aircraft under General Jesus Carranza and an American aviator will aid the San Luis Potosi operation. State Department representatives Carothers and Canova are in play.
Telegramed report says General Pablo Gonzales orders the Division of the East to move to Queretaro. Carranza forces near San Luis Potosi claim Ceritos, and a larger 35,000-man force may be ready with arms supply to reinforce Mexico City defense.
Reports from Saltillo say a Villa Carranza rift arose from a misreading over Zacatecas. General Natera allegedly overstated federals in Zacatecas to Carranza, leading to a costly engagement with about 2500 losses after an attempt to seize the city.
Edward Gore editor of a local newspaper struck and killed John B. Chandler a 66 year old farmer in West Hatfield while avoiding another car. Chandler was the father of ten children.
Mrs. Victoria Cote of Pilgrim Street collapsed while waiting to buy a ticket for a Salem relief fund benefit at Poli's Theatre. She was taken to Worcester Hospital but died en route.
Attractive barmaids in neat uniforms acted as strike-breakers for Local 100 of the Barten eers' Union in New Bedford, triggering a stormy protest at a Boston Central Labor Union meeting yesterday.
Delegates condemn the use of women as strike breakers by hotel owners in New Bedford and protest mayor and police for allowing the practice. The legislative committee will examine state power to curb liquor dealer actions and protests are supported by Bartenders Union and Massachusetts branches.
At a Charlestown Grand Army Hall meeting Bunker Hill Lodge 404 of the Brotherhood of Railroad Trainmen said the Boston Safety First committee of the Boston and Maine is assisting all employees who suffered losses from the Salem fire.
Boston Central Labor Union president Kobs said the Labor Day parade would surpass all prior events with broad union participation despite earlier opposition. He praised the unified effort and predicted more special attractions and larger crowds along the route.
The Columbus Progressive Club asks Samuel Gompers to grant a charter under the Cooks and Waiters Union of the AFL. The club states two years of effort to obtain recognition and cites local cooks as providing the same benefits as current union members.
A round of union notices covers the Teamsters Joint Council meeting at 995 Washington street on Wednesday night. Readville Readville workers face vacation with expected July 13 resume. Ex-President Wheaton installs Engineers Local 16 officers. Jonathan Perry opens business office at 724 Washington. Metropolitan fire prevention bill reendorsed by Excavating Teamsters Local 379 after Machinists Hall gathering. Cement Workers Local 20 reelect Gilbert Frey as president. Labor Day committee of Boston Central Labor Union and Building Trades to meet. Park Department Employees Knights of Labor see four former members reinstated at Wells Memorial. Puritan Lodge of Railroad Trainmen votes relief for Salem fire victims at Mishawum Hall Charlestown.
Lucille uses a private cabaret dance to captivate Hugo Loubeque while secretly testing his loyalty. Dick Gibson’s distrust shatters her plan, leaving Lucille to face him alone as she pursues love and danger.
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