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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jun 27, 1918
Page
14
Emerson began making shoes and retailing them forty years ago and now runs 27 stores across the Keen States. The company’s factories produce 7000 pairs daily and a new plant was added to fulfill U S government contracts. The firm sold remaining first preferred stock to raise capital and offers high return investment details.
The market finished strong with General Motors Mexican Petroleum Central Leather Reading and American Car & Foundry posting new highs. Steel common reached a fresh high near 109 6.8. Reading rose on asset segregation hopes while Union Pacific financing and Rock Island dividends influenced railroad sentiment. American Car & Foundry moved about 7 points on dividend news and United States Smelting was expected to approve an 8 percent annual dividend.
Directors of the Chicago Rock Island and Pacific announce regular semi annual dividends on 6 per cent and 7 per cent preferred stocks after rail administration approval. Money for payments to be advanced pending rental settlements.
Specialties feature market trading reports total sales by exchange for New York and Boston with yesterday’s and year to date figures. It notes most active issues, greatest gains and losses in both cities including Lorillard Edison and Pacific Mail among others.
The New York market opened hesitantly but surged to a buoyant close led by U S Steel advancing 112 points to the month’s high and gains in equipment motors and shipping. Reading showed strong strength, General Motors gained 7, and oils contributed to mid session moves. Total sales reached 6400000 shares with activity in foreign issues and onward gold shipments to Chili noted.
The New York session reports high, low and closing quotations for today with net changes from the previous close. Market activity shows notable shifts across listed securities as investors react to recent economic cues.
Stocks show modest volume with gains for American Zinc and Atlantic Gulf while Old Dominion Mohawk and Telephone move little. Trustees for Elevated stock draws positive commentary. Utah Consolidated dividend delay linked to J Parke Channing's trip. Copper producers eye government actions to offset rising costs. high cost mines may see limited price boosts.
Boston stock figures show today’s high and low quotations with net changes from the previous close. Market activity centers on notable price shifts across major issue groups.
Current prices show brokers customers loans 5 4 to 6 percent outside brokers call loans 5 to 6 percent customers commercial loans 6 percent individual collateral loans 6 percent commercial paper 6 percent year money 6 percent bar silver and Mexican dollars noted. Rediscounts of commercial paper cover various terms 15 days to 90 days and secured notes by United States certificates of indebtedness or Liberty Loan bonds. Trade acceptances not to exceed 90 days.
June calendar reports wartime dates and tides while detailing large fresh mackerel and groundfish receipts at the pier. It notes Abandoned wreck Alcor off Seal Island drawing hundreds of boats and men and reports a United Fruit steamship delivering 34 000 banana bunches for the Fourth of July trade.
George Simoneau aged 67 from Auburn, a section hand, was instantly killed when struck by a Boston and Maine freight train near Candia New Hampshire on June 26.
Assistant District Attorney Harvey surprised the jury by calling Charles A. Williams of Rhode Island State Prison to testify against Harris and Trask, countering prior defense testimony as the trio face charges of receiving stolen cars and conspiracy.
In a Boston court Harris denied knowing Williams while Williams testified he delivered a Rhode Island car to Harris stable in September 1915. Williams said he installed Massachusetts plates, and Harris urged removal of initials and promised payment as Trask received money.
Rome reports Major Robert Perkins head of the American Red Cross mission to Italy presented one million lire to aid needy families of Italian soldiers who fought in the victory over Austria before departing for America.
Tonight's Pops programme features Marche Militaire Schubert Overture Fingal's Cave Mendelssohn Valse Les Patineurs Waldteufel Fantasia Thais Massenet Dance of the Hours Souvenir de l Opera Flute Solo Souvenir de l Opera Brahms Star Spangled Banner The Mikado Cavalleria Rusticana Roses From the South March Past Sousa.
Money deposited in Massachusetts savings banks and trust companies earns interest from specified dates. Institutions include Andover Savings Bank Andover July or Sept dates, Brighton Five Cents Savings Bank, Brookline Savings Bank Cambridgeport Savings Bank and more across Boston Cambridge Melrose Waltham and Somerville.
A terse note lists names and places such as Pete Aetna Island Oll Anaconda Sequoyah Met and Wright Martin Poulsen Wire Car Foundry in Oklahoma, indicating a fragmented archive entry with scattered identifiers.
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