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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jul 25, 1914

Page

12

Market Highlights from Yesterday and Year-To-Date

New York total sales 300000 shares and Boston 12447. Most active issues were Steel 43700 in New York and Amalgamated 1840 in Boston. Year-to-date New York 42054400 shares and Boston 3098533 shares, down from last year. Major moves include General Motors up and Canadian Pacific down in New York. Calumet & Hecla up in Boston while Amalgamated falls. Call money in New York 14 to 214 percent, Boston 3 to 452 percent. Time money New York 234 to 414 percent, Boston 452 to 5 percent.

New York Boston Steel Amalgamated General Motors Canadian Pacific Calumet & Hecla Reese Seer Eeamian Neem Treasury daAes Bee Nh&h City of Tokyo Nyc NYW AT &Sf Eal Lok Ig Ts Reg'stered den &Rg Ne AT & SF Detroit Detr & M Roe & P LIM & Eis See & Guif Gs Rio L& S F Swn Eid Seeli Balt & O Pitts - Erie Sc Pacific Beth Steel So Pacific Bat Steel Brie-Penn Oeneee Gen ‘Motors Aye Rap Grea ‘Nor Rf Bkiya C & Alton Southern Ry Cc - Alton A Botts Kcfts Texas Co OB & Geb Mil & St Beans Union Pac Il & N Ani Alvs Red West Electric West Marylda Reg Narod Ar West ‘Shore

Decline in New York Market Tied to International Tensions

Prices fell as Austria's ultimatum to Serbia and Ulster conference failure weighed on sentiment. Foreign exchanges remained firm with a hardening in time loans while Canadian Pacific and other issues posted losses. Total sales reached 2,028,000 par value with Erie bonds weakest and U.S. steel and copper issues easing.

New York Austria Servia Sach Northwest Missouri Narsas London Berlin Canadian Pacific Eries Southern Railways New York Central Northern Pacific Harrimans United States Steel Amalgamated Copper Canadian Reading Foreign Exchange Erie

Local Market Boston Prices Ease Amid Modest Business

Prices moved lower in New York style trading with little aggression from either side. Amalgamated fell to 66 ex dividend from 67 1/2, copper and steel shares declined slowly, Osceola rose a point on hoped dividend restart after a looming midyear report, with a likely first dividend since April 1918.

Boston New York Amalgamated Osceola Wolverine

Sterling slides while continental currencies firm in FX market

In today’s foreign exchange dealings, sterling eased slightly while continental currencies gained strength. Bankers’ actual afternoon quotes showed sterling at around 4.8880 to 4.8885 dollars, with various terms at 4.8805 to 4.8815 for demand and 4.8545 to 4.8570 for sixty days, and commercial bills at 4.8445 to 4.8470. Francs quoted at 5.1554, marks near 95 3-16 plus 1-64, guilders about 40.34.

Island Creek Coal declares quarterly and extra dividend

The Island Creek Coal Company directors declare a quarterly dividend of 50 cents per share on common stock plus an extra dividend of 3 dollars payable August 1, 1914 to stockholders of record at close of business July 15, 1914. Treasurer W. Batchelder announces. The Lowell Electric Light Corporation in Lowell Massachusetts also issues a quarterly dividend of 2.00 per share payable August 1, 1914 to stockholders of record July 29. transfer agents Stone & Webster noted.

Alaska Smelté R Smelt & R Pf Am Steel Am &i Tel & Tel Ieee Ohio R&ww Connecticut Power Co Peth Steel Dallas Electric Co ewares + es Ees Cal Corp of Rees Texas Electric Co Allouez Ne Fedison Elec Il Brockton Cap Sel Lt. Co Co Abin & Roe Cap Chi M & St P Fall River Gas Wor Elec Co China Sapibip el Hmae Eae Rsa Jecsongil Traction Co Arizor Lowell "Bee Lgt Corp Cap Bos F I River Pow Co Gorn P R Pf Montane Tex Elee Co Ese Service Investment ‘Co Erie Pune Ik Tr Lt & Pr Co Railway Light Securities Co Com Moster Pf. Ass Oi Coper Ranange Gootrich F Co Tampa Bodie Co Cap Gt Nor Pf Nor Ore Inc Cop Co Inter-Met Lehigh Valley Louis Nash Mer Marine Mex Pet Co Miami Copper MS P& SM Superior Nor & West Sup & Bos Pacific Mail Swift& Co Pac T& T Tamarack Penn Aaa Aie Ae Union Land People’ S Gas Union Pacific United Fruit Pcc&s Rey Sys Stee Ipf Utah Consol Utah Op Co Vt& Mesa Western Union Wolverine Oo Oh Island Creek Coal Company W. Batchelder Lowell Electric Light Corporation Lowell Massachusetts

Market Turmoil Pushes Prices Down Amid Foreign Selloff

State Street notes heavy price declines and higher volume, driven by foreign selling and unsettled European politics. Canadian Pacific weakens, while Erie issues stay active. rail leaders falter as Amalgamated Reading and Union Pacific hit new lows. Steel shows relative strength with modest losses.

Boston Trusts Hit New Deposit High in June

The Boston Trust companies, per the bank commissioner’s June 30 report, posted a new deposit record of 242,249,000, up nearly 10 percent from June 1913. Over the year trust deposits grew faster than national banks, which still hold the largest totals. the June 30 spread stood at 59,000,000 in favor of banks, versus 65,000,000 a year earlier.

Boston Trust Companies Trust Companies

Rail stocks show wide yields and price gaps amid Erie weakness

Investors compare Union Pacific with Reading Great Northern and Lehigh Valley for yield and price. Reading at 160 pays 8 percent, Union Pacific 6.4, Great Northern 5.8, Lehigh Valley 7.5. Erie stock weakness follows Underwood's cautious business outlook. Erie first preferred down to 85 3 4 and common to 23 5 8, lowest since 1913.

Union Pacific Reading Great Northern Union Lehigh Valley Pennsylvania Baltimore & Ohio Southern Pacific Atchison Norfolk & Western Underwood Erie Erie Common Harriman

Dividends Declared By Major Firms This Quarter

Illuminating and Power Securities Company posts 13-4 percent on preferred stock payable Aug 15 to record July 31. Lackawanna Steel 13-4 percent on preferred payable Sept 1 to record Aug 31. National Carbon 13-4 percent on preferred payable Aug 15 with books close Aug 6 reopen Aug 17. Renfrew Manufacturing 11-2 percent on common and 13-4 percent on preferred payable Aug 1.

Illuminating & Power Securities Company Lackawanna Steel Company National Carbon Company Renfrew Manufacturing Company

Metal market quiet as copper and tin hold steady

Copper on the New York Metal Exchange remained quiet with spot and September at 18.00 and 13.50. Tin softened slightly with spot 31.05 and September 31.15, while spelter stayed steady at 5.00 to 5.10 and antimony eased to 7.12 to 7.25, iron unchanged.

New York Metal Exchange Cookson’s

Duns Weekly Review Sees Moderate Expansion Across Markets

The D Goods Co Weekly Trade Review notes continued improvement in overall business with regular patterns in leading centers and growing volume of transactions. Iron and steel show expansion while copper remains subdued. dry goods demand softens though men's wear openings rise. New England footwear activity increases. leather improves. US failures total 352 vs 298 last year. Canada 14 vs 29.

New York R. G. Dun Co Torrow New England United States Canada

Central Manufacturing District of Chicago Development Timeline

The Central Manufacturing District in Chicago grew to nearly 400 acres near the stock yards with brick fireproof factories and dedicated architectural planning. It hosts three banks, clubs and a hotel, housing about 100 industrial firms including Wrigley’s, Westinghouse, Montgomery Ward and Allis-Chalmers. Freight traffic rose from 6 000 to 40 000 cars in five years, funded by $3 million in bonds retired as tenants pay.

Chicago Central Chicago Stock Yards Company Chicago Junction Railway Loose-Wiles Biscuit Company Wrigley’s Spearmint Gum Company Westinghouse Electric Lucas Paint Company Montgomery Ward & Co Stack Piano Company the Larkin Soap Company Southern Cotton Oil Company Allis, Chalmers Company United Drug Company Central District Central Manufacturing District Chicago Stock Yards

Calaveras Copper Plans Preferred Stock Financing

Calaveras Copper Company proposes to issue 60 000 shares of 7 percent cumulative preferred stock at par to existing stockholders who subscribe will receive two shares of common stock as a bonus. Charles A Stoneham funded 129 000 bonus shares. A special stockholders meeting set for August 4 will vote on creating the preferred issue.

Calaveras Copper Company Charles A. Stoneham

Bond market rebounds on Rock Island issues

The July 24 New York bond market sees a sharp recovery in Rock Island issues. Elsewhere, the market remains moderately firm and fairly active with varied trading in major bond transactions across the session.

New York Rock Island

Mediation Talks Continue Between Railroads and Workers

In Chicago on July 24 government mediation between Western railroads and their engineers and firemen reached a crucial stage. Martin A. Knapp of the Federal Board of Mediation and Conciliation said the board still hopes to reach a settlement despite the progress.

Chicago Western Railroads Martin A. Knapp Federal Board of Mediation and Conciliation Knapp

Unions Consider Arbitration or Concessions Update

Rumor says the board may announce tomorrow whether the man will submit to arbitration or whether the roads will grant new concessions. A week-old employee statement cites U S mediation. California report says mediation may end if unions do not advance. W S Stone and W S Carter deny sending notices.

United States California W. S. Stone W.S. Carter

Silk importer pleads guilty to Burns theft in Ayr

David Graham Carmichael a New York silk importer pleaded guilty in Ayr county court to stealing a brass handle from an antique bureau in Robert Burns cottage Ayr. He was fined 125. His attorney said he was drunk at the time and took the item as a souvenir.

Dumfries Scotland David Graham Carmichael New York City Ayr Robert Burns Carmichael

Scol ds a Jury for Chivalry

A Bronx County Court jury heard Judge Louis D. Gibbs argue that antiquated constitutional safeguards inflate crime. The case involved 18 year old Vera Peterson accused of grand larceny.

New York United States Bronx Louis D. Gibbs Vera Peterson

Miss Peterson Confesses Guilty After Jury Deadlock

The jury failed to agree, then Miss Peterson took the stand and confessed guilt. Four jurors supported acquittal until Judge Gibbs rebuked the jury for bias and noted some jurors entered duty with an intention not to convict. No defence was offered in the case.

Miss Peterson Gibbs

Robinsons body shipped west after shooting case

The body of Lawrence Diamond Chip Robinson, the veteran gunman who shot Police Inspector Norton in the Boylston Case and died by suicide rather than face trial, was shipped to his mother in Washington Courthouse Ohio on the 6 oclock train last night.

Lawrence Diamond Chip) Robinson Vetern Norton Boylston Washington Courthouse Ohio

Bond Market Notes Brockton issues sold and bids opened

Brockton Massachusetts has sold an issue of 26000 dollars of 4 percent bonds for 100 219 to R L Day Co. Other bidders were Blodger Co and N W Harris Co. New Bedford Massachusetts will receive bids until 7 45 p m July 28 for 144 882 dollars of 4 percent serial bonds.

Brockton, Mass R. L. Day & Co Blodger & Co N. W. Harris & Co New Bedford Mass

Death Notice for Benjamin T. Roe in Somerville

Benjamin T. Roe 87 died. Funeral services at his residence 23 Melvin Street Sunday at 8 30 o'clock. Relatives and friends invited to attend.

Roe Somerville Benjamin T. Roe Melvin St

Advent Christian Church Service Announcement

Advent Christian Church 160 Warren Street announces 10 30 a m preaching by Professor George H Dewing of Aurora College Sunday school 12 05 p m and a union service details continue in local notices.

Advent Christian Church Warren Street George H. Dewing Aurora College

Faithful Sunday Services Across Boston Churches

Ruggles Street and Warren Avenue Baptist Churches announce 10:30 a.m. sermons by Rev. Llewellyn L. Henson and Rev. Herbert S. Johnson with evening messages on spiritual safety and faith. Tremont Temple hosts Dr MacArthur with 9:30 prayer, Calvert soprano, Gideon union at 7. Evening meets feature varied soloists and lectures at Dudley Street and Christadelphians venues.

Ruggles Street Baptist Church Ruggles Street Tremont Llewellyn L. Henson D. D the Saints Florence Ives Atwood Bible School M. Brotherhood James Gill Mabel Gill Dr. Henson George R. Clark Warren Avenue Baptist Church West Canton Street Tabernacle Baptist Church Herbert S. Johnson Frederick E. Heath Charles P. MacGregor Pittsfield Mass Olive Russell Tremont Temple Baptist Church New England MacArthur Gideons J. W. Smith D. D. Mme Wilhelmina Wright Calvert Dudley Street Baptist Church Charles A. Fulton Union Square Walnut Street Somerville F. W. O'Brien Robert Clark Belfast Ireland

Cambridge church services list for week ahead

Congregational Pentecostal services led by Earl W Clark in Cambridgeport at Hope Memorial Church with free seats and multiple daily gatherings. Various denominations including Old South, Park Street Church, St Paul Cathedral, St Andrew's Orient Heights, Church of the Advent, St Ann's share schedule with morning and evening services and Holy Communion where stated.

Earl W. Clark Church and Pleasant Streets Bible School Willis H. Butler Park Street Church Park and Tremont Streets A. Z. Conrad D. D John D. Silcox Episcopal Cathedral Church OF ST. Paul Edward T, Sulivan E. T. Sullivan St. Andrew's Church Bayswater St Orient Heights John Howard Melish Church of the Italy Trinity Brooklyn Church OF the Advent Mt. Vernon Brimmer William Harman van Allen T. D D. OC. L Father Schwartz Father Cabot ST. Ann’s East Cottage Street Dudley George E. Jenner

Church Services and Sermons Noted Across Florence and Bowdoin

Multiple churches in Florence Street and Bowdoin Square detail schedules for morning and evening services. St Stephen’s at 7:30 am communion and 10:30 am choral service. First United Presbyterian at Warren and West Brookline with 3 and 7:30 pm sermons. Salvation Army plans daily services and a July 28 concert. Swedenborgian Church hosts a 10:30 am summer union service. Kings Chapel lists 10:30 am morning service with Rev Charles Park preaching.

ST. Stephen's Church Florence Street First United Presbyterian Church Warren Avenue West Brookline Street K. M. Munro Salvation Army Bowdoin Square Hall Boston No. 1 Corps Ensign Church OF the New Jerusalem Swedensborginn Bowdoin Street State House Park James Reed H. Clinton Hay

Diverse Spiritualist and Religious Meetings Across Boston Area

A crowded notice lists free lectures and services by various groups on July 26 including the International Bible Students Association at 162 Boylston Street with A M Graham on The Messianic Reign. Divine Science at 80 Huntington Ave with Robert C Hannon. and multiple gatherings across Cambridge Malden Somerville and Lynn featuring mediums, spiritual healings, and messages.

International Bible Students’ Association Steéiert Hall Boylston Street A. M. Graham THE Church OF the Living Divine Science Huntington Ave Hull Robert C. Hannon Wes Man John i Catiarine Thompson Huntington Chambers E New Thought Forum Dr. Hale Lucy Semin Johnson Dwight Hall Tremont St Toston Potter Sisters Angie Armstrong Prof Bartlett Minnie Parker First Bible Spiritual Church Moat Street Boston Tito Senate Blanche Desmond Adele Willians Spiritual Endeavor Society Louise Mail Pleasant St Malden Juanita Indians of Oklahoma Mediames Aletheia Society Central St Somerville

Also Mentioned on This Page

New York Market Rep I Rock Rumely Co A Seaboard Air L South South Ry Ooeg the Texas Co TSL& W U Pac Union Pac Pf U Dry Gols Ene Ees U § Steel Westinghouse Wis Central Boston Stocks Engi Butte & Son Caribou Crown Reserve Davis Daly Goldfield Consibyls Majestic McKinley Dar North Butte Riker United Verde Riker & Een Iit Il Shar Coriss Willys Overland Wrens West End Standard Oil Anglo-American Oil Eee E Ees Eeessenere Atlantic Refining Borne-Scrymser Buckeye Cheseborough Mig Colonial Oil Continental Oi Crescent Pi Cumberlandee Eureka Les Esos Ene Il (Com Galena-Sipf Indiana Pro Nationalransit New York Transit Northern Ase Swan & Finch Money Markets Mayik Ais Tiesere Meena Minneapolis Ban Duluth St Louis Kansas City Avene AAG, Co Soci Wevig seTock Divn Liverpool DON. As State Street Europe New Haven Frisco Amalgamated Reading Big Four Stock Exchange Brooklyn Rapid Transit Metal Markets Dun Boston Bank National Banks Boylston Sete Hyde Park Iacweveesee Union Shawmataveee Pess- Cxeaes Rete Etm Eee Webster and Atlas Winthrop Ee Ee Trust Companies American Beacon Boston Safe Commonwealth Dorchester Federal Videlity Pe Hamilton Beet Old Colony Paul Revere Calaveras Philadelphia Market Lehigh Webb Co Chicago Market Booth Fisheries Canal & Dock Chicago City Railways Com Edison Eta Sith & Trust OTM Chicago Pneumatic Tool Chicago Railways No Tee Hart S & Marx Illinois Mont Ward Pacific Gas Sears-Roebuck Ee Swift & Co West Stone Bonds Armour Steee Chicago City & Coun Ry Lilago City Railways Ss Chicago Gas Chicago Railways Ist Sree Sereeeceers Edison Ss Morris Ogden Peoples Gas Seeeerens South Side Dee Swift & Co New Tieetars Girl Robinson Boston and Vicinity the Post Adventist Christadelphians Babylon Franklin Union Building Berkeley Street Roxbury Dudley Street Christian Scientist First Church OF Christ, Scientist Mother Church Falmouth Norway St. Paul Streets Pentecostal Services Saugus Centre Lynn Pines Mabel Reed Witham First Church of Mortalism Willis Milligan Cambridge Camp Progress Mowerland Park Upper Swampscott Maud Liteh Torrey Harvey Redding Stuntington Avenue Teaveen
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