Grain Harvest Demands and Economic Outlook Edge Nation
Officials estimate 26 000 workers needed across Minnesota North Dakota and Montana for grain harvest with wages of 2 50 a day as cities seek labor. Western elevators and credit systems aim to hold wheat for a dollar per bushel. Steel output may top 12 million tons in 1912 with modest profits. Weather and reorganization plans discussed. inflation and currency trends affect trade.
MENTIONED IN THIS ARTICLE
Great Northern Railroad
Minnesota
North Dakota
Montana
Middle West
Wall Street
Steel Corporation
Market Outlook Boosts Wheat Stocks
It was assumed that favorable crop reports from the spring wheat states and the market being oversold influenced the outlook.
MENTIONED IN THIS ARTICLE
Spri
Metal markets show mixed copper futures on New York exchange
July 23 reports extreme bulness on the New York Metal Exchange with most sales in September and October deliveries. Copper bids and asks hover near 17.25 to 17.60 for spot to September while electrolytic copper runs about 1734 of a cent and tin, lead, spelter hold firm or quiet. London prices list copper futures at £78 17s 6d and spot £79 with other metals varying.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
Cookson’s
London
Bond Market News Shows Gradual Demand Rise in Baltimore
Baltimore bond dealers report improving demand with 5 per cent and higher yields favored. Highlights include Blake Bros. offering a portion of San Francisco 5 per cent gold bonds, and various maturities and yields across Denver and Ohio issuances. The California Railroad Commission approves Northern Electric’s Marysville Colusa branch 5 per cent bonds.
MENTIONED IN THIS ARTICLE
Baltimore
Blake Bros. & Co
City of
San Francisco
New York
Boston
Massachusetts
Connecticut
Maine
New Hampshire
Rhode Island
Denver, Northwestern & Pacific Railroad
Moffat
California Railroad Commission
Northern Electric Railway Company
Marysville & Colusa
Grain Markets Reflect Steadier Tone as Wheat Rises
The grain market showed an improved tone with wheat up one and a half cents on moderate new buying. Short-covering due to rust reports in the northwest fueled the advance while export demand and cheap U S prices hint at possible business soon. Foreign crop prospects varied with France bullish, Roumania and Italy weaker, and Russia expected stronger. Minneapolis price for Number 1 Northern wheat closed at 1.0612 dollars, up from 1.0418 yesterday.
MENTIONED IN THIS ARTICLE
Argentina
Europe
New York
New Haven
Boston
London
Chicago
America
Italy
Russia
Bond Market Irregularities With Several Conversions Noted
The bond market showed uneven activity with principal dealings centered in Atchison and St. Paul convertibles Reading 4s and New issue securities. Third Avenue adjtment 5s and related issues also featured in trading.
MENTIONED IN THIS ARTICLE
Atchison and
Taft Tariff Board Wins One More Year Funding
The Senate approved a sundry civil appropriation bill authorizing $225 000 for another year of work for President Taft s tariff board after a brief debate that ended 34 to 20.
MENTIONED IN THIS ARTICLE
Washington
Taft
Tariff Board
Senate
Senate-Led Fight Over Tariff Board Funding in Supply Bill
The House resisted the tariff board provision in the sundry civil bill and will oppose it again when the big supply bill goes to conference. Democrats opposed the clause with few exceptions while regular and progressive Republicans backed it. The Senate plans to finalize the appropriation and return the bill to the House tomorrow, setting aside about $115.5 million for government bureaus and works, with roughly $6 million more than the House authorization.
MENTIONED IN THIS ARTICLE
House
Senate
Tariff Board
Malden Aldermen Hear Plan for Single Headed Street Commission
At a Malden hearing, Alderman Charles M Moore urged creating a single headed street and water commission with a suitable salary to replace the current three member board. He argued the present panel cannot devote full attention. Commissioners John M Dever and Charles T Hare opposed the plan.
MENTIONED IN THIS ARTICLE
Malden
Philadelphia Rapid Transit reports best year in history despite deficit
The annual report shows net earnings of 8.75 million on gross 22.7 million for the year ended June 30. Balance after charges lists a deficit of 150 thousand, while fixed charges reach 8.9 million. The study notes 650 thousand spent on near side cars and safety devices cut damage claims by 25 percent.
MENTIONED IN THIS ARTICLE
Philadelphia Rapid Transit Company
Private Hearings on Pleasant Street Widening Planned
Political leaders and others with financial stakes in the Pleasant street widening may present claims to the Board of Street Commissioners at private hearings before awards are set. The Finance Commission may observe, with John C. L. Dowling supervising the process. Owners and politicians including Martin M. Lomansney, Daniel J. Kay, James T. Fitzgerald, and M. M. Cunniff are named among those with interest as the project costs exceed 900000.
MENTIONED IN THIS ARTICLE
Pleasant Street
Board of
Finance Commission
John C. L. Dowling
Commission
Martin M. Lomasney
Daniel J. Kay
Old Common Council
James T. Fitzgerald
M. M. Cunniff
Taft Signals Move to Repeal Canadian Reciprocity
President Taft has told Western opponents of reciprocity that he would favor repeal of the act, while not abandoning the principle of reciprocity. He may state his position in his acceptance speech if notified on Aug. 1 and would veto any bill that repeals the law only if Congress sends one he would oppose. Senate leaders report no direct communication with the finance committee.
MENTIONED IN THIS ARTICLE
Washington
Taft
Congress
Chicago
Senate
Finance Committee
United States
Canada
McCumber
Heyburn
Gronna
Mitchell Sentenced to Nine Months in Bucks Case
John Mitchell president of the AFL is sentenced in the District of Columbia Supreme Court to nine months imprisonment for contempt of court tied to the Bucks Stove and Range Company case. An appeal is filed and $4000 bail posted. Samuel Gompers received one year and Secretary Frank Morrison six months in the same case.
German Spy Grilled Guilty in Scottish Court
Armgaard Karl Graves a German was found guilty by the Scottish High Court of Justiciary on spying charges. He received eight months in prison after authorities found in his possession notes about guns under construction in British arsenals and other incriminating documents.
MENTIONED IN THIS ARTICLE
Edinburgh
Armgaard Karl Graves
Scottish High Court of Justiciary
Mrs Wilson Becomes Honorary President of League
Mrs Woodrow Wilson accepts invitation to be honorary president of the Woman's National Democratic League. The offer comes from the league's executive board and follows its Baltimore meeting earlier this month and related documents outlining league aims.
MENTIONED IN THIS ARTICLE
New York
Woodrow Wilson
National Democratic League
Steven B. Ayres
League
Wilson
Baltimore
Women League backs Wilson as moral support cited
Mrs Wilson accepts honorary presidency and praises the league for mobilizing women nationwide to back the Democratic ticket. She says the group’s belief in Mr Wilson as a worthy leader adds moral force to the campaign and thanks the league for its powerful support.
MENTIONED IN THIS ARTICLE
Wilson
League
Ellen A. Wilson
Meat Strike Near an End Fades as Leaders Lose Hope
The four week Kosher meat strike dwindles as leaders abandon efforts to force lower beef prices. Declining enthusiasm among strikers and women’s indifference push the movement toward a new plan: cooperative meat shops.
Lay in Wait for Father Bommarito On Boston Porch
Vito Bommarito a 19 year old from Revere armed with a revolver waited on his porch at 12 Malden street and vowed to kill his father Dr Paolo Bommarito after escaping from Westboro Insane Asylum. Patrolman Shannan detained him and he was taken to the police station for examination.
MENTIONED IN THIS ARTICLE
Vito Bommarito
Malden Street
Revere
Shannahan
Perrod
Bommarito
Westboro Insane Asylum
Boston
Paolo Bommarito
North Street
Household section to feature shore dinners and veranda meals
Next Sunday's Post will publish menus and recipes for shore dinners golf lunches and veranda meals in the Household section highlighting seasonal dishes and serving ideas for readers planning warm weather meals.
Sleepy Locomotive Engineer Yet Asleep After 132 Hours
Henry Smith a toy locomotive engineer from Salisbury Beach remains asleep in Newburyport hospital after about 132 hours of slumber. He first dozed from Wednesday in Salisbury Beach theatre and woke briefly before returning to sleep. Doctors suspect brain disease and will continue examination.
MENTIONED IN THIS ARTICLE
Newburyport
Henry Smith
Salisbury Beach
Sherbrooke
Canada
Smith
Jacob S. Spaulding
Salisbury
Electrification and double tracking for Boston and Providence line
The New York New Haven Hartford promises electrification and double tracking of the Boston and Providence railroad starting this fall. The project costs an estimated 6.5 to 7 million dollars and aims to finish before next year. It will eliminate grade crossings, add two more tracks, and include a Providence power house for overhead single phase current.
MENTIONED IN THIS ARTICLE
Boston & Providence
New York, New Haven & Hartford
Boston
Sharon Hill
Sued for 20 000 Over Alleged Assault
Adolph S. Lundin of this city is sued for 20 000 by Helen Lind of Boston. She alleges on May 8 he assaulted her, wrenching her side and straining her back and keeping her from her duties for a long period.
MENTIONED IN THIS ARTICLE
Adolph S. Lundin
Superior Court
Helen Lind
Boston
Lundin
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Government Weekly
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Wabash-Pittsburg Terminal Company
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Association of American Advertisers No
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Raffles
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Mark and
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