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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jul 31, 1920
Page
10
The sharp rally from Thursday faded as short covering waned and buyers did not reappear. Stocks opened near yesterday's close, then declined with bears pushing weak issues lower, while International Products rose and a few names edged up.
Fisk Rubber reports six month sales over 27 million dollars up 32 percent from last year. Full year gross projected near 50 million as output of casings tubes and solid tires rises 36 percent and cord tire share doubles to 20 percent. Bank loans and commercial paper fall about 20 percent signaling improved finances. General Chemical earns 13.40 a share for six months versus 8.01 prior year. Owens Bottle earns 4.96 a share. Mexican Petroleum four months to April shows 4.39 a share. Maxwell-Chalmers merger nearly complete with 74 percent stockholder participation. Texas & Pacific Coal & Oil amends charter to raise capital to 8.12 million with refinery plans.
Outside broker's quick call 8 percent. Customers' brokers' loans 8 percent. Individual customers' collateral loans 7 to 8 percent. Customers' commercial loans 7 to 9 percent. Commercial paper 8 percent. Year money 7 to 8 percent.
Financial notes show New Haven reporting nearly 600,000 dollars in net operating income for June, cutting six month deficits to about 3.53 million. St Paul, Missouri Pacific, and Great Northern also posted gains or improved positions, while capitalizations and debts favor some railroads over others. General Lucas was kidnapped in Ireland, sparking a British and Irish security scramble.
Three prisoners bolted from the Bristol County House of Correction this afternoon by prying two window bars, slipping through a 7/12 inch gap, and dropping over the wall onto Union street. Walter J. Wessell alias Watson, John Gordon, and William O Neil fled toward Arch and Arnold streets after the fall. Wessell and Gordon had one year sentences for a Fall River haberdashery burglary and were later jailed for attempting to ship loot on a New York boat. A bystander Samuel Hart, elderly and in a wheelchair, shouted as the men fled.
Stephen Perry of Searsport Maine, crew member on the Gloucester schooner Herbert M Parker, was rescued after drifting in dense fog for more than two weeks. He landed in Liverpool New England on Thursday after a fishing vessel picked him up following his vessel’s disappearance on Western Bank.
Brigadier General C. H. T. Lucas, commander of the Fermoy military area, kidnapped in late June by Sinn Fein captors, has escaped. He reached the Tipperary military barracks today, according to Irish advices received in London.
Brigadier-General G. H. T. Lucas was traveling with 12 to 15 armed soldiers from Limerick toward Tipperary when raiders halted the convoy near Oola. A volley killed two soldiers and wounded others. raiders seized gear and threatened to set the lorry ablaze. A second lorry full of soldiers arrived, the attackers fled, and Lucas and the survivors were rescued. He is reported to be at the military barracks in Tipperary with a half battalion of armed troops.
Frank Brooke a leading Irish figure and friend of Viscount French was killed in the Dublin and Southeastern railway directors room at Westland Row. Three shots struck him. three narrowly missed Mr. Cotton. The motive is believed political.
Charlemont Fort in Ulster was burned by armed raiders early this morning. The Elizabethan era stronghold overlooks the River Blackwater at May and was once home to the Charlemont family who supported the Irish volunteers during the American War of Independence. It has recently served as a government military post.
Salvatore De Napoli, a North End drug clerk, was held for the grand jury on a $1000 bond after Mrs. Dominick Nesei died last week from a capsule he compounded. Government says strychnine was substituted for stypticin. Inspector Dennessey showed the prescription and two words in the physician's handwriting. Dr. Arthur I. Shane testified to writing stypticia and the prescription corroborated him.
Pittsfield July 30 Berkshire Street Railway workers submit a new settlement proposal. Two-man car crew wage set at 6 cents per hour and 80 cents for one-man cars. Overtime to time and a half and working conditions to remain unchanged. Manager Richmond had rejected a 15 percent flat raise but acts not indicate stance on this offer.
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