This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jul 29, 1922
Page
12
New York and Boston trade totals show 812800 and 11210 shares respectively with Studebaker at 48000 in New York and Ventura Oil at 885 in Boston. Broad market tone remains firm early then wavering as rail and coal strike news and June railway statements influence sentiment.
The Eastern Manufacturing first preferred stock dividend passes amid investor disappointment as the common stock rebounds. Mathieson Alkali reports second quarter earnings of about $6 per share with rising monthly profits, offset by depreciation charges. Butte & Superior advances on zinc recovery, while copper market moves push copper pool profits higher. Federal reserve reserve ratio rises to 79.2 percent and money rates ease, boosting bond demand and high grade securities as liquidity improves.
Treasury announces partial redemption of 4% Victory notes bearing serial prefixes A B C D F for December 15 1922. Interest ceases on redemption. notes with prefixes G J K L mature May 20 1923. Details in Treasury Circular Nos. 138 and 209, obtainable from Treasury or Federal Reserve Banks. A Mellon Secretary of the Treasury.
An old Wall Street adage warns Lamb buyers to investigate securities before purchase. Key checks include property value, earning power to cover interest and principal, and price alignment with security quality. The Post Financial Department offers guidance on bonds from A to speculative classes and answers by mail when space allows.
Southern Railway shows June net operating income of 2 420 736, six months 8 877 425. Atchison Topeka Santa Fe June 3 009 300, six months 11 229 358. Great Northern June 1 830 787, six months 4 039 580. Boston & Maine June 758 834, six months 2 767 090. Simms Petroleum six months surplus 821 234 after interest and depreciation. Pittsburg West Virginia stock vote to raise capital to 51 9 million. Boston & Maine equipment issue sold. Commerce Commission permission noted.
Washington July 28 The wool schedule in the tariff bill faced renewed attacks from both parties in the Senate. Proponents pressed back vigorously and carried three roll calls across seven hours of debate.
Senate debates woolen cloth protection as Senator Lenroot challenges concealed protections for woolen manufacturers and Senator Nelson attacks wool rates. Senator Smoot defends duties while Senator Walsh cites American Woolen Company profits and war earnings. Amendments by Senator Demoot aim to remove concealment, applying a 49 cent duty to wool content. Meanwhile rail and corporate updates include New York Central orders, Kinney shoe sales, Coca Cola earnings, Stewart-Warner profits, and bond offerings tied to Cuba Cane Sugar Corp.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.