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This newspaper page contains 23 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jul 16, 1914

Page

14

Investment Stocks Rise and Fall in Wide Market Shifts

Investment stocks are sold heavily as prices break sharply with New York Central and Baltimore and Ohio suffering. Turnover shows New York 1014 total, 357 300 shares Boston 15 523. most active NY New Haven 44 000, BN HB 4537. Jan 1 1914 to date NY 40 772 400, Boston 3 007 547. Compared with last year NY 48 330 039, Boston 2 945 483. Notable gains Am Smelting pref 1 to 103 12, losses Buffalo Rochester & Pitts 83 8 to 100. Boston gains N E Tel & Tel 2 to 132, losses New Haven 3 7 8 to 51 1 4. Call money NY 2 12 to 3%, Boston 3%. Time money NY 2 12 to 4 1 2%, Boston 4 1 4 to 5%.

New York Boston New Haven Buffalo, Roch, & Pitts N. E. Tel Tel Alaska Sc Ae Wea Smelt & R Smelt & R Pf Sugar of Tees At&sf Ohio Ohio Pf Roch & Pitts Roch & Pitts Pf Cal Pet Corp Pacific Cheer «& Sea Chi M & St P Erie Elec Speeveee Goodrich BF Co Norf Searere Ins Co Inter Inter-Met P Int Harvester Mer Marine At&t CB & Q Adventure Sane Pneu Pi Ug Sceseves Arizona Bonanza Bos Os & Maine Butte Ballak Butte & Sup Cal & Arizona Cal & Heela Island Creek Kerr Lake Maine Central New Ny& Ins Western Union Winona Seeteeee Wolverine PRR Nyc den & R Grig Ben NY ETV& Gon Peoria &Bing Allegheny Ny Erie Galien Ag Bias Hide & L Motors T&t Co T&t Coer Wiis India St Linas R. L. Day & Co Old Colony Trust Co Hamilton Manufacturing Co Middlesex Co Etree Co Francis Henshaw & Co Esmond Mills P Pewee Paranee Pacific Mills Wipe Boston Library Society Heywood Bros & Wakef'd Co Saco-Lowell Ts Sees Textile Paci Manchester Lt & Pow Co Bal & O Cvt Kghsam Kan City City Steel Ist Avera High Point Weet Renee Eens Ceres Biya City Mina Kk & Tr Texas Co Paccot Cees Eeas Callas & Biles Pril Union Pac Vac Pacific Ches & O Mob T CB &Q C&east Ill C&nwn C & Nwn West Shore

New Haven Shares Drag Down Wall Street In Turbulent Trading

New Haven led a market-wide slide as the stock market faced unsettled trading and demoralization. Boston and New England selling pressures sparked further liquidation, with Union Pacific advancing on a dividend ruling while New York Central and Canadian Pacific hit new lows amid foreign selling. Total par value sales reached $2,025,000.

New York New Haven Boston New England Interstate Commerce Commission New Havens New York, Westchester & Boston Union Pacific Baltimore & Ohio Common Preferred Canadian Pacific London New York Central United States

Proposals Sought for Sale of Connecticut Valley Lumber 6

The Federal Trust Company trustee invites sealed proposals for sale of Connecticut Valley Lumber Company First Mortgage 6% Sinking Fund Gold Bonds dated 1908. Bids due by August 1 1914 at 3 PM for amount to exhaust about 206 788 84 dollars or part thereof. Rejection right reserved.

Connecticut Valley Lumber Company First Mortgage Federal Trust Company Devonshire St Boston Mass Connecticut Valley Lumber Company First Mortgage

Wall Street Liquidity Triggers Broad Railroad Selloff

A heavy liquidation on State Street toppled many railroad stocks with 3 to 6 point declines in New Haven Canadian Pacific New York Central and Baltimore and Ohio. Union Pacific rose despite market pressure as investors weigh an $82 extra dividend set for July 20 and a possible $32 additional payout.

New Haven Canadian Pacific New York Central Baltimore & Ohio Steel Amalgamated Reading Union Pacific Great Northern

Union Pacific Wins Suit Boosts Big Dividend for B&O

Traders push Baltimore and Ohio shares as Union Pacific secures permission to disburse a large extra dividend drawn from B&O issues held in Union Pacific treasury. Anticipation of a $32 per share payout restrains selling, while floating B&O supply rises.

Baltimore & Ohio Common Preferred Union Pacific Baltimore & Ohio Union Pacific Treasury

Shawmut Bank Tops List as 10th Largest Nationwide

The comptroller reports National Shawmut Bank of Boston as the 10th largest bank in the U S and the largest outside New York and Chicago. Deposits jumped 14.6 million to 98.2 million between March 4 and June 30, 1913, the largest rise after New York leaders except City and Mechanics & Metals. In securities trading, E and T Fairbanks stock dropped to 150, and United States Finishing Co fell to 10 1 2, underscoring market depreciation.

National Shawmut Bank of Boston New York Chicago Shawmut National City Mechanics & Metals of E. & T. Fairbanks Company Couny United States Finishing Company

Copper Demand Drops as Big Buying Fades

The copper market stalls with prices at 135 8 cents per pound and no buyers. Foreign demand plunges after six months of heavy exports. American Telephone stock remains weak amid New Haven concerns and Massachusetts ownership. Lower earnings growth and higher maintenance costs weigh on the telecom group.

New Haven Massachusetts Met

Public Service Investment declares dividends in Boston

Public Service Investment Company announces a quarterly dividend of 1.50 per share on preferred stock and a semi annual dividend of 2.00 per share on common stock. Dividends payable August 1, 1914 to stockholders of record July 15, 1914. Stone & Webs transfer agents.

Public Service Investment Company Stone & Webs

Local Market Sees Mixed Tone as Stocks Dip in New York

Boston market opens with fractional gains but bears dominate as New York selling pressures push several issue prices lower. New Haven falls from 65 3 4 to 49 7 8 and Boston & Maine slips to 32 1 2 as rail stocks slide. Copper shares weaken while elevated issues hold firm with a late rally restoring firmer tone.

Boston New York New Haven Boston & Maine

Seneca Encounters Heavy Ice in Arctic Patrol

The U S revenue cutter Seneca returned to St John’s Newfoundland tonight reporting heavy ice floes and a slight collision with a growler while on ice patrol duty. She pushed toward Greenland to latitude 53 north and is now heading to the Grand Banks with no serious damage.

ST. John’s N.ff United States Revenue Seneca Greenland Grand Banks

Bond market slips as Rock Island 4s hit new low

Trading remained moderately active with a generally heavy tone. A new low record was set by Rock Island collateral 4s while Missouri Pacific issues New York, Westchester and Boston 44s and New Haven issues all declined.

Rock Island Missouri Pacific New York Westchester

Foreign exchange markets ease with bankers' trades

The currency market showed softer activity as bankers reported afternoon rates. Sterling was quoted with cables around 4.8755 to 4.8710 dollars, 60 day bills near 4.84 to 4.84, while francs slipped to about 5.167 and guilders around 4.034 after small reductions.

Bond Market Notes Gloucester and Medford Seeks Auction Bids

Gloucester Mass sells ten thousand dollars of sewer bonds with annual 1915 to 1934 redemptions to Merrill Oldham. N W Harris Co invites bids until July 17 for forty seven thousand five hundred dollars of high school and playground bonds 1915 to 1924. San Diego invites bids for one point five million dollars water bonds maturing 1915 to 1954.

Gloucester Mass Merrill, Oldham A $S N. W. Harris & Co Medford San Diego Cal

Dividends Declared by Several Companies

Chief Consolidated Mining Company pays 5 cents per share on Aug. 3 to holders of record July 10. Crown Reserve Mining Company declares 2 percent monthly on Aug. 15 for July 31 records. Federal Sugar Company issues 1 1 2 percent quarterly on July 31 for July 29 records. North American Company declares 1 1 1 4 percent quarterly payable Oct. 1 for Sept. 15 records. Wampanoag Mills pays 1 percent quarterly with a 1 2 percent reduction, payable July 15 for Fall River shareholders.

Chief Consolidated Mining Company Crown Reserve Mining Company Federal Sugar Company North American Company Wampanoag Mills Fall River

Trust Company Reaches 3 Million Deposit Milestone

Massachusetts Trust Company celebrates reaching deposits over 3,000,000 since February. President General BE R Champlin hosts a field day at his Rye New Hampshire summer home for about 25 directors, who traveled from Boston in cars for the outing. William B Thompson resigns as director of Consolidated Pacer Mines Company.

Massachusetts Trust Company BE. R. Champlin Trust Company Rye N. H Boston Athletic Association

Copper and tin markets show quiet trading on New York Exchange

Copper on the New York Metal Exchange remains dull with spot and September at 13.85 and 13.75, electrolytic 13.26 13.87, Taira casts 13.50 13.62. Tin quiet at spot 31.45 31.55 with ber 31.65. Lead and spelter steady about 4.9 5.05. Antimony and Iron also steady with minor changes.

New York Metal Exchange Taira Cookson’s

Calendar for Today Payable

A compact calendar item lists payable notes and bonds from Mexican Telegraph at 24 percent, with mention of Brooklyn City Bank, Illinois Brick Manufacturing, Pacific Telephone and Telegraph preference, Union Natural Gas and related financial instruments.

Brooklyn City B. R. Tllinois Brick Lt. & Ht. Co. Pac Tel & Tel Union Natural Gas

Bacigalupo Named by Attorney General

Ward 6 official Bacigalupo is named assistant to Attorney General Thomas J. Boynton. The appointment places Bacigalupo in a role assisting the attorney general in his duties.

Representative Bacigalupo Named Assistant in AG Office

James J. Bacigalupo of Ward 6, a Democrat and two year House veteran, 30, born in Boston and a Boston University Law School graduate, is appointed assistant in the Attorney General Boynton office likely to work in the inheritance tax department.

James J. Bacigalupo Boynton Boston Boston University Law School

Pardons Revoked for Three Former Prisoners

The Governor's Council revoked the pardons of Reuben R. Jacobs Augustus L. Williams and Frank L. Barrett. The men, released under Governor Foss, must serve the remainder of their sentences after failing to meet imposed conditions.

Foss Reuben R. Jacobs Augustus L. Williams Frank L. Barrett

Prisons and Pardons Tie Early 20th Century Convictions

The report lists several inmates with mixed outcomes: Jacobs received five years in 1911 for receiving stolen goods and earned a March 1913 pardon on a consumption prognosis. Williams, jailed 1988 for robbery, later paroled for good conduct and rearrested for breaking and entering in November. Barrett, sentenced 1909 for robbery, earned a 1911 pardon as justice served and is currently at Deer Island.

Jacobs New York State Williams Wiz Barrett Deer Island

Fresh groundfish prices hold steady amid minor cod rise

Fresh groundfish prices remained firm yesterday except for steak cod which edged up in uptown markets. Thirteen vessels arrived with cargoes including haddock, steak cod, pollock and hake while mackerel and swordfish landings were reported. A dense harbor fog delayed ships and repairs were noted on the Elizabeth Palmer and local tugboats.

Haddock CASE Eis L. A. Silva Thomas Eee Commonwealth Sone Genesta Viking Thalia Ees O. Sears Adeline Sayer Geisha Ethel R. and Edwin L. Fannie Vesta Sam and Priscilla Mil Agnes Bonita Orion R. Ray Corona Pythian M. Haskins G. Simons Boston Driscoll’s Landing Atlantic Avenue New Commonwealth Docks Elizabeth Palmer Castle Island Lambert's Point Portland Baracoa Cuba Thorn Screener

Shipping News Array of Steamers and Tugs Listing

Shipping news reports a fleet including steamers Laconia Irvine Annetta Dukie Sosua Halifax Hawes Prince Arthur Kinney governor Cobb Simpson Hampden Crowley Newton Ab bott Everett Giles Norfolk James S Whitney Crowell Massachu setts Colberth Grecian Hudgins Eureka Benner Herbert Rickes Ipswich schooners Hazel Dell Owen Gloucester Mary E Lynch Whit tier Stonington Abenaki and tugs Murrell Walton along with barges Cassie Hattie Wilkesbarre L W No 12 Upton Prov idence Haverford Sal em Newburyport Par cels Paoli Oliver Newport News and more with multiple arrivals departures and tows noted.

Laconia Irvine Liverpool Queenstown Annetta Dukie Sosua S. D Halifax Hawes Prince Arthur Kinney Yarmouth N. S Cobb Simpson St. John N. B Hampden Crowley Newton Abbott Baltimore Everett Giles Norfolk James S. Whitney Crowell Massachusetts Colberth New York Grecian Hudgins Philadelphia Eureka Benner Newburyport Herbert Rickes Ipswich Hazel Dell Owen Gloucester Mary E. Lynch Whittier Stonington Abenaki South Gardiner Murrell Walton Cassie Fall River Hattie New Bedford Honey Brook Tingle Port Johnson Princess Rockland James P. Foster, Jr Provincetown Mercury Rockport Swetara Enterprise Eagle Hill Manheim Lackawanna Pequest Waverly Mars Ontario Portland Morrisburg Charles P. Greenough Bath Flora Paol

Also Mentioned on This Page

Sollers, Phillips & CO. Investment Securities Devonshire Street New York Market Municipal Railroad Public Utility Halsey & Co., Inc Congress Street J. H. O’neil United Cigar Stores Co United Fruit Sharing Hegeman Jones & Baker Stock Brokers Exchange PI Plymouth RuBber CO Earnest E. Smith Devonshire &T Boston Stocks State Street Bears McReynolds The Big Four Shawmut Bank Ashtabula Elgin & Chir Neem Ween Adele Nee Bangor & Aroos R Sea Birm Wat Co Butte Water Canton Elec Low Spring Ry Concord & Mont R Canton Akron Ry City Austin Tex Dayton Lighting Denver UN Ways Ellicot Square Evansville Elec Ry Great West Pas If Muanajuato P & Elec Ind & Col East Tract Go Lackawanna C Ogdens & Lake Champ Ry Corpus St Joseph Swift & Co Utah L & P Vincennes Ind Wichita Kan Free York Haven Cames Eeweae Am Glue Pf aAm Invest Arlington Mills Am Pub Util Pf Berlin Mills Pf Bangor Ry & el Bangor & Elecseeeeee Central Maine Power Coal Lands Securities Coastwise Transportati Dayton P & L U S Wamsutta Mi Serene W L Douglas American Telephone Bangor Rwy & Elec Co Commonwealth Pwr Rwy & Lt Co Jom Pwr Rwy & Lt Co Isa Cumberland Co Pwr & Lt Pwr & Lt Co Consumers Pwr Co St Louis & Sub Co FE St Louis & Sub Co LA & W St Springfield St Jos Ry Ht & Pwr Pwr Chattanooga Columbus St Louis Suburb Lewiston Bruns & Es Michigan Ry Co Portland & Cape Elz Portland Ry & Lt Public Service of N ‘i Tenn Ry It & Pwr Co Union Ry Gas & Elec Miami Nat Biscuit Nevada Nynh&h NY Ont & W Nor Pac Noré& Wes Penn Pcc&sl Pitts Replé& S Rumely Co Sears-Roebuck South Pacific South Ry Ca the A Co Ann City Utah West Union Westinghouse Woolworth Bay State Gas Buffalo Butte & London Haass Calaveras Caribou Crown Reserve Eagle & Blue Bell Humboldt McKi Y Dar Nevada Doug Industrials Riker & Hogeman Way Oil & Gas Wi Willys Overland Braden Copper Stewart Devs Eee Standard Oil Anglo- American Oil Atlantic Refining Borne-Scrymser Buckeye Cheseborough Mfg Colonial Oil Continental Oil Eeeree Crescent Cumberlan Galena Signal Oil Com Indiana National Transit New York Transit Esse Ee Aes N. Y Swan & Finch Rte Union Washington Oil Wosnosevere Bae Fos Oseeene Ee Close Prey York Serene Money Markets Aes Neaess Sock Suman Treasury New Oak Willaim B. Thompson Consolidated Pacer Mines Company Metal Markets Mexican Telegraph Bacigalupo Ward 6 Thomas J. Boynton James J. Baci Galupo George P. Hudson Middlesex James Durie United Fruit Annette Long Wharf George S. Dale South Carolina Edison Light Torrey Boston and Virginia Steamship Company Sewall Government Life Saving Station Thompson's Island Life Station Shipping News
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