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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jun 28, 1920
Page
14
A weekly Boston Post feature invites readers to submit questions about listed and unlisted New England stocks and bonds. The column offers impartial data from trustworthy sources and will not guarantee accuracy or predict market movements. Submission requires full name and street address for the financial editor.
The article notes a major surge in news print and paper grade prices boosting International Paper Company earnings beyond expectations. It cites last year’s per share balance available for common stock at 13.24 dollars.
The article notes a long era of dividends and back payments with back dividends on preferred stock cleared by 1914. It traces stock prices from a 1907 low of 71.5 to a record high earlier this year and cites improvement in earnings potential as the company shifts from low to stronger financial footing. It highlights that despite trading below its peak, International Paper remains well above earlier quotation levels, signaling a fundamental change in the company’s status.
A brief note outlines how religion and age influence perceived credibility in telemarketing. It emphasizes clarifying positions held and presenting reasons to customers for why telephone pitches can be persuasive.
Financial editor's notes discuss preferred stock earnings and surplus gains in wartime, deeming common stocks generally unsuitable for investment. They analyze German marks value amid inflation, plus St Louis San Francisco Income Mortgage 6s details, including yield, security, and road profits after wartime adjustments.
A program of orchestral pieces opens with the Sardar procession and includes Ivanoff Overture to Pra Diavolo Auber Waltz Wine Woman and Wong and selections from Cavalleria Rusticana and other works. The diverse concert features ballet music and operatic themes performed by the orchestra and soloists.
At Greek general headquarters on June 27 hope was voiced that the campaign against the Turks would not exceed three weeks. It is expected the nationalists may retreat to the mountains and wage a guerrilla war for an indefinite period.
The market opened weak then recovered slightly with light trading. Prices stayed in a narrow range and the outlook favors a possible later recovery amid high money rates and pending railroad wage and rate decisions.
Mrs. Frederick Driscoll, longtime organist and choir director at Immaculate Conception Church Everett, concluded her 44 year tenure with a benediction service last night. Formerly Miss Annette Hoogs she led music since the parish began as a mission in Everett square. Her retirement drew broad parish regret as friends note her long record and vocal accomplishments.
Four deaths in Hartford, Connecticut, from wood alcohol poisoning are confirmed. Three men were found unconscious in rooming houses and died at Hartford Hospital. two others found asleep in a restaurant were sent to City Hospital, with one dead and another in critical condition. Medical Examiner Costello attributed the poisonings to wood alcohol.
The Rev. George Hale Reed, pastor of the Unitarian Memorial Church of Fairhaven since 1914, announced his resignation to take effect in October if approved by the church finance committee. He has accepted a call to the Unitarian Society of Winchester. Reed graduated from Harvard Divinity School in 1902 and served at Belmont Unitarian Church before Fairhaven.
A melee between striking longshoremen sympathizers and strike-breakers on the Delaware River front left one man dead another seriously wounded and seven others shot or stabbed.
Irvin S Cobb surveys boomlet activity at a national convention, naming McAdoo, Palmer, Pershing, Hoover, and Warren as likely or possible contenders. He mocks platform fights over the wet or dry plank and notes delegates may endorse the 18th Amendment while avoiding direct mention. He likens politicians to guinea pigs amid publicity and debate.
Waterbury Connecticut June 27 strike of 20000 unskilled laborers and machinists nears week eleven with no sign of settlement. Police dispersed 200 strikers at East Main street meeting and warned two alleged leaders to cease gatherings without authority. City remained quiet as officer said New England Workers Association had not requested a permit.
Daniel J MecGillicuddy was re elected member of the national committee by the Maine delegation today. Mertrand G McIntyre was chosen chairman of the delegation and William R Pattangall was appointed on the resolutions committee. Mrs Pattangall was elected national committee woman in anticipation of formal creation of that office. The caucus took no action on either candidates or platform.
The American Union of Swedish Singers closed its Boston visit with a concert at the Boston Opera House. Soloists included Mrs Marie Sundelius soprano Mies Edith Reubound violin Samuel Ljungkvist tenor. Choral groups from Verdandi Providence Svea New York Swithiod Chicago Swedish Glee Club Boston and a grand chorus performed under various directors. George Dunham conducted the orchestra opening with Sibelius Finlandia.
The packed venue praised Scandinavian music performed by Swedish singers led by Ljungkvist and Sundelius. The program featured Peterson Berger, Hedinger, Tours and more with notable chorus numbers and encores. Multiple groups from Boston to Worcester contributed in a two concert display of Swedish singing societies in America.
London reports a dramatic floor exchange between Lady Nancy Astor and a fellow MP. The pair volleyed personal sharp remarks as the rival scuffle drew audible comments from bystanders. Astor retorted that she would do as she liked, calling him a cad from the slums.
Philip Sidney Post, vice-president of the International Harvester Company, died at his Winnetka home after a brief illness. He had been with the company since 1908, served as attorney-general in 190, and elected to the vice-presidency nine years later. He helped frame the companys industrial relations plan in 1919.
Sergeant Daniel J. Hines and Special Officer Patrick J. McNealy with two patrolmen executed a search warrant at John Margarian’s grocery at 288A Neponset Avenue Dorchester. They seized a quart bottle whiskey three bottles wine and eight pints brandy. No arrests were made.
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