1907 Panic Plymouth Rubber Co Revenue Report
Panic Plymouth Rubber Co shows gross sales of 9815,546 gs50,202 and 423,727 for 1907. Earnest E. Smith of 78 Devonshire Street Boston appears in the financial notice detailing the company and its figures.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jun 04, 1914
Page
14
Panic Plymouth Rubber Co shows gross sales of 9815,546 gs50,202 and 423,727 for 1907. Earnest E. Smith of 78 Devonshire Street Boston appears in the financial notice detailing the company and its figures.
The Lehigh Valley is cited as a notably weak spot while a favorable court opinion boosts strength in United Shoe Company. United States Smelting sells $4,000,000 of 5 percent notes as Fruit, Telephone, and New Haven report notable price gains.
Yesterday's sales totaled 158 300 shares in New York and 16 900 in Boston. Wells Fargo Express led gains in New York while Island Creek preferred topped Boston gains. Smelting common dropped in Boston. call money stood at 1 1/4 percent in New York and 3 percent in Boston. Time money ranged 2 3/4 to 4 percent in New York and 3 to 4 1/2 percent in Boston.
Slow progress marked the New York market as trading stayed light and gains appeared mainly in late sessions. New Haven and Lehigh Valley improved from yesterday while Atchison and selected issues such as American Telephone, Consolidated Gas, and Wells Fargo posted notable advances amid cautious optimism and favorable crop and rail performance signals.
Boston June 3 trading on the local exchange reached about 16 900 shares. American Telephone New Haven Shoe Machinery and United Fruit led gains with United Shoe Machinery rising on legal developments cited by Judge Brown. New Haven settled strong up 13 4 while United Fruit climbed 15 8 to 151 1 2. Isl and Creek Coal preferred up five to 6. Trading remained centered in Telephone securities and New Haven as the market held firm.
Nevada Consolidated reports April copper production at 4.8 million pounds, down from 5.218 million in March and 4.588 million in February. J. C. Watson retires from Charles Head & Co. New York and Boston Stock Exchange. Congressman Andrew J. Peters is named director of Beacon Trust Co.
The column reports United Shoe Machinery stock trading near 59 amid court case optimism and compares this with a potential dividend outcome. It notes New Haven rail punctuality leads the NYC entering routes, copper surplus forecasts, United States Steel unfilled tonnage down 300 000 to 400 000, and U S Smelting new 4 year notes selling well. It also cites the Commerce Commission rate case timing and ranks global banks led by Imperial Bank of Russia and Lloyds Bank with U S institutions ranking fifth through ninth in the world by deposits.
Newark State 448 bonds stayed firm while Rock Island collateral and Western Maryland 4s traded heavy. Detroit rated Railways 448 and American Telephone convertibles showed moderate strength. New York City issues remained steady in the United States government bonds section.
The page lists grain market figures and a quarterly and monthly dividend schedule for multiple corporations. Notable items include total sales at 2,690,000 with prior comparisons, and dividend payments due July 1 across American Tobacco, Apsley Rubber, Beacon Trust, Continental Can, Lorillard, Hart Schaffner Marx, Interboro Rapid Transit, Montgomery Ward, New York State Railways, Rubber Goods Manufacturing, and Savoy Oil among others. Books close dates and record dates are provided for each security.
American Can Company declares a regular quarterly dividend of 1 3-4 percent on preferred stock, payable July 1 to holders of record June 1. American Cigar Company declares a quarterly dividend of 1 1-2 percent, payable July 1 to shareholders of record June 1. American Smelters Securities Company declares a regular quarterly dividend of 1 1-2 percent on preferred A stock and 1 1-4 percent on another class.
Galen L. Stone of Hayden, Stone & Co reports in Boston after an 800 mile inspection tour of Utah Copper Nevada Consolidated Ray Consolidated China Copper and Butte & Superior properties. He highlights large ore bodies at Utah Nevada Chino and vast surface prep for others while praising young, capable personnel across operations. He notes rapid agricultural development and irrigation expanding in the West despite a general tightness in capital and cautious business prospects.
Thompson, Towle Co. reports the 1913 cost to produce copper per pound at 9.9 cents, up from 9.0 in 1912. The 1.2 billion pounds produced by 50 large mines, including Michigan, Butte, Bisbee, Globe, Clifton, and Canadian and Mexican properties, accounted for about 85 percent of North American output. Labor strikes in the Lake Superior district and higher taxes, ore grades, and shutdowns pushed costs higher, though profits could exceed 360 million if prices held average.
Justice William Renwick Riddell of the Supreme Court of Ontario led the 45th commencement at Boston University in Tremont Temple. He conferred degrees on 259 graduates, urged graduates to lead in politics, and advocated women's suffrage.
President Marlin opened the ceremony in Jacob Sleeper Hall where Mayor Curley was introduced. The portrait of former president William Edwards Huntington was unveiled by Miss Genevieve Huntington. John Dunning Whitney Bodfish, blind for 15 years, received the bachelor of laws cum laude with a $10 prize, the first such degree awarded to a blind graduate. Four women earned law degrees, including Rabbi Eichler, LL B in two years. Justice William Renwick Riddell delivered the oration on The Graduate and the People.
Elwyn Stewart an 18 year old of 6% Kilby street Woburn was arrested by Woburn police for breaking and entering and larceny from the residence of Elie Weatherhbee 8 Court street. He allegedly entered yesterday afternoon around 4 30 and took a lady's watch two stone rings assorted jewelry perfumes and notes. Patrolman Timothy Walsh captured him near the Woburn depot with the loot rolled in a students bag. Stewart will be arraigned in Woburn District Court today.
Mayor Curley announced a plan to reform Copley Square into a Venice like plaza. He ordered an Art Commission study to duplicate St. Mark's Square and add three tall flagpoles for national, state, and city flags.
President Patrick Sullivan of the Bay State Street Railway told a City Club dinner that the five cent fare is unbusiness like unscientific and uneconomic. He called for street and steam railways to coordinate adopt a zone fare system and factor depreciation in planning while arguing the subway was a major planning mistake.
President Sullivan spoke before a gathering where committees read reports including urging influence on Governor Walsh to veto the new charter bill after its third reading. The recommendation was rejected by the members present. He outlined railway problems common to all railroads.
Mr. and Mrs. Gabriel Adams slipped from the house of Mrs. Chester G. Bradford in Roxbury for their honeymoon at last evening. A pursuit by Kensington Street residents followed, with guests and the couple clinging to a moving car as they tried to depart, while the bride Miss Agnes Gwendolyn Worth and groom, a Roxbury watchmaker, were forcibly returned to the house before escaping again. The ceremony was by Rev. H. W. Fitz at St. John's Episcopal Church.
Miss MandelL Chamberlain daughter of Mr and Mrs James Wing Chamberlain of Ashmont married William Shaw of Ballardvale at Immanuel Congregational Roxbury. Rev Augustus Fuller officiated. Shaw holds posts in Christian Endeavor movements and is tied to Lee Higginson firm. Couple to honeymoon Europe and Holy Land then reside in Ballardvale.
Mrs Julia Campbell aged 80 from 18 Cleveland Street Arlington was lost in Cambridge yesterday after hours in the streets. An officer from Station 1 found her and brought her to the station where she awaited her daughter Mrs J H Maxwell who lives with her.
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