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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jun 02, 1913
Page
14
Public notices outline Monday inquiries on listed and unlisted New England stocks and bonds. The Boston Post promises impartial responses from trustworthy data but disclaims market predictions or guarantees. Inquiries must cover one subject with full name and address, addressed to the Financial Editor.
Torrington Company is a holding firm with needle and knitting tool subsidiaries. Par value is $25, common stock yields about 7.4 percent at $27 price. Distillers Securities, known as the Whiskey Trust, is a holding company with limited cash liquidity and rising solvency concerns. past dividends were irregular and a receivership risk was discussed but denied.
The calendar lists May 31 and June 1 contracts settled June 2 and provides a long slate of dividends payable across numerous companies including Adams Express American Cotton Oil American Power Light Co and more. It explains the trading concept of rights with a Pennsylvania railroad example and notes Boston & Lowell Buffalo Mines and other issues with dates and prices.
A market reading discusses Calumet & Hecla as a major holding company with mining ties. It notes the old Calumet mine deteriorating while lake properties show promise. Earnings projections suggest around 50 dollars per share on copper prices, but the stock remains risky due to limited annual report disclosure.
Nine deacons and three laymen of First Baptist Church of Jamaica Plain urged Dr Walter Calley to withdraw his resignation after Governor Foss withdrew an offer to fund church improvements. Calley thanked them for their loyalty and said he would need two or three days to decide.
The Boston Central Labor Union passed a unanimous resolution protesting a provision in the tariff bill in Washington that would affect Philippine cigar imports. They argue hand cigar making in the Philippines allows lower costs, harming American labor with higher wages and living costs.
More than 250 Boston bootblacks walk out this morning after a mass meeting of nearly 300 workers. The Bootblacks Protective Union 14,337 AFL hallmarked the action demanding union recognition, tip preservation, 11 hour days six days a week, overtime pay, and a regular dinner hour.
About 1300 barbers in Boston, including 300 at Naomi Hall, join a mass meeting and vote to strike for 13 dollars weekly, half of receipts over 20 dollars, and a half day off weekly. English speaking and Italian unions coordinate actions across North End, Charlestown, South Boston, and the West End with strikes targeting 60 shops. Strikes include 60 shops under Italian Barbers' Union and 50 shops under English speaking union, with strike benefits of seven dollars weekly and a 25 dollar fine for refusing to strike.
Boilermakers in major plants across the state walk out as 500 to 600 workers join the strike. The Bay State Lodge had a mass meeting in East Boston’s Hibernian Hall and set a wage demand of 3.50 a day for boilermakers and 2.75 for helpers, aiming to hold strike headquarters there with a mass meeting at 10 AM.
A May 6 strike by drivers for Adams, American, National, United States and Wells Fargo express companies ends as 3800 workers dissolve their local union and apply to reinstate as individuals. The dispute began May 6 and was settled June 1.
About 100 moulders and caremakers at four Waltham foundries met in Hibernian Hall and voted to suspend work for 30 days while demanding a $3.50 daily wage. They have received no satisfactory reply from employers to date.
The executive committee reports Mayor's pledge to start the $2.50 daily wage on May 31 and the signed order's pen now owned by the joint council. The Paying Department Employees' Union picnic is set for Aug 6 with officials invited. tree climbers ask for raises with mayoral support cited for hazardous work. New England Machinists endorse strike action in Hyde Park with moral and financial support. Metropolitan Park Employees' Union thanks the wage increase of 25 cents daily. A charity dance in Charlestown supports Boston and Maine trackmen on strike as 120 strikebreakers are housed in Somerville yards. State AFL leaders plan Fall River convention arrangements for Sept 5–20. Roxbury dry goods clerks to organize. Bunker Hill Lodge holds memorial services June 15. Puritan Lodge plans a joint August meeting to unify road employees’ unions. International Longshoremen’s Association reports on trade matters.
Five member Progressive legislative caucus calls for expanding to nine by adding four members chosen by the State committee. Signers include George P. Webster Charles H. Webster Alfred N. Fessenden Edward N. Dahlborg and Cleaveland A. Chandler urging broader cooperation within the party to aid next election campaigns.
At a Boston Young Men's Hebrew Association gathering in Roxbury, several hundred members established a scholarship offering annual tuition for two residents of the Home for Jewish Children at Comer’s Commercial School.
Miss Louise G. Pike of 23 Forest street Medford sails from San Francisco on June 4 aboard the Shinyo Maru to Yokohama for a marriage to Kersey Fell Coe now with Standard Oil in Yokohama. They plan a June 24 marriage at the American consulate and ten years residence in Japan. Miss Pike was a prominent figure in Medford society.
A collision involving the New York express and a Providence local near Cove street bridge left William A. Cook of Atlantic seriously burned and many passengers bruised or cut. Passengers were rushed to Relief Hospital as crews worked to remove the injured and clear the wreck. An investigation to determine fault is under way.
Secretary McAdoo announced federal funds totaling 10 million dollars would be deposited in national banks. New England states receive 945000 across 53 banks in 42 cities, with broader allocations to other regions including New York and New England figures forthcoming.
The Papal Nuncio informed Spain's foreign minister that the Vatican would accept the new law taxing church properties of all kinds.
In the wake of May 27 receivership for the St Louis & San Francisco Railroad, a Committee representing holders of Kansas City, Fort Scott & Memphis and related securities urges immediate deposit with Old Colony Trust Company in Boston or Bankers Trust Company in New York to form a protective instrument. Depositories will issue certificates. copies of the protective agreement available from depositories or Committee members.
Medford police arrested 11 men believed to be Boston Elevated conductors at noon yesterday for crap shooting in a hidden dell north of Malden Hospital. A cement platform favored betting, but officers surprised the group, catching most players as they fled. the detainees were jailed at the Medford police station.
Today is National Horse Tag Day with tags sold to support humane work. In Boston tags are given away despite local bans, with volunteers placing tags on horses and wearing pins. The event is led by the Boston Team Owners Association and the Massachusetts Society for the Prevention of Cruelty to Animals, under the National Team Owners Association.
Two attempts were made yesterday afternoon to burn Bennett's bridge. The first blaze started near the Winthrop end beneath the planking and required cutting away a section to extinguish it. Two hours later Watchman John Donovan spotted a second fire and put it out without help.
The schooner Gertrude DeCosta arrived at the wharf with about 100000 pounds of cod. The Quartette brought 120 barrels of herring and 4000 pounds of halibut. Three steamers from Yarmouth including Boston Simms Prince Arthur and Prince Rupert arrived. Rupert to be drydocked. Bohemian from Liverpool due morning with 60 cabin passengers. Franconia from Liverpool and Queenstown due to land Canada bound immigrants at Portland. Hamburg American Cincinnati sails Wednesday for Hamburg with cargo and passengers. Inverclyde Yokohama bound ships expected. Joseph J. Cuneo due today. Over 713000 and 620000 bushels of grain shipped/exported this and next week. Seven steamers due to sail with grain: Arabic Kingstonian Bohemian Caledonian, Numidian Sloterdyk Cincinnati. Cadetship exams at New London revenue cutter school late this month under Captain Broadbent with tests and health board. Two line cadet and five engineer vacancies. A buoy near Commonwealth pier removed after harbor officials warned it a hazard. Mayor Fitzgerald to seek brighter lights along streets to Commonwealth pier for safer access. The Landsman.
Shipping notices show steamers Esparta Moder City of Macon Prince Arthur Prince Rupert and others sailing from Yarmouth Halifax Norfolk Philadelphia and Portland with barges tugs and lighters. The report includes vessels like Steamers Vitalia and Whitney and towing operations near Newburyport New York and Hoboken.
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