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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jun 13, 1910
Page
12
Early this week the average prices of rails and industrials hit new yearly lows while copper prices slid to fresh low points. The bull market born after the 1907 panic has waned. bankers foresee tight money in fall though some expect improvement by autumn.
The schooner Teazer captained by Peter Dunsky arrived at T Wharf after a four week voyage from La Have Bank through rain and fog. It carried 25,000 pounds of halibut 15,000 pounds of cask 15,000 pounds of hake and 5,000 pounds of salted fish. Captain John Wonson reported severe weather on the Elva L Spurling return from Seal Island grounds off Maine and forecast more fishing soon.
The article notes a broad capital readjustment with high grade bonds cheapening and little new long term investment. Railroads seek funds abroad while copper stocks cut dividends. Chicago and Alton's 4 percent dividend is disputed given its heavy bonded debt and weak equity in a potential receivership. Hawley criticized for siphoning profits from Alton and Chesapeake & Ohio.
Shipping news reports arrivals and sailings including Karema from Calcutta to Colombo and Port Simon, Esparza to Norfolk, and City of Gloucester towing barges. Also notes high and low tides, sunrises, and a list of ships, tugs, and barges calling at various ports.
Firemen from all state departments decorated 125 graves in a statewide observance. A canopy sheltered guests near the bronze monument while Chaplain W. H. Grant led a prayer and Orator Hon. Thomas H. Dowd eulogized the silent company, among those seated upfront.
Arlington June 12. The Arlington firemen led by Chief Walter Pierce decorated 56 graves at Mt. Pleasant cemetery and 15 at St. Paul’s cemetery. The 68 men then attended services at Universalist Church.
From Aldershot a York and Lancaster regiment commander orders that married couples cannot stay in quarters without special permission. He also forbids non commissioned officers from waxing their mustaches in the future.
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