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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 03, 1913
Page
15
Brown, Shipley and Co offers investment securities and letters of credit from their West End office at 123 Pall Mall S W. The snippet notes the firm handles foreign exchange services and related financial instruments.
Luther Conant Jr., commissioner of corporations, testifies in a Taft briefing that the International Harvester Company holds a monopolistic position, strong capital links with J P Morgan and John D Rockefeller, and uses objectionable competitive methods, per the Sherman law context.
Commissioner Conant outlines International Harvester's monopolistic control of harvesters, its 1902-04 acquisitions of Osborne, Minnie, Aultman-Miller and Keystone, and expansion into tillage and farm equipment. The report notes high pricing in core lines and aggressive financing from Morgan and Rockefeller connections.
A dialogue snippet shows Mr. Sissy-Ya-as admitting a self described mania for china while Miss Maude notes it as a form of obsession. The exchange highlights linguistic play and character quirks in a brief dramatic scene.
The semi-annual dividend of three percent on the preferred stock is declared for payment April 1, 1913. Stockholders of record March 12, 1913 will have books closed March 12 and reopening April 1. Dividend checks will be mailed. Henry Morgan, Treasurer.
Prices fell to a new low for the year and the railroad average, the lowest since 1910, with light selling. The next day markets rebounded, signaling bearish nervousness but unclear if it marks a real recovery or a brief rally in a thin market. The piece weighs causes including administration changes, tariff talk, currency reform, Balkan turmoil, and gold hoarding, noting scant volume and questions about further declines. It highlights bankers and the public’s contrasting reactions and compares current conditions to 1897 and 1907, stressing money conditions as the root of unease amid low February NYSE activity.
In a smoking carriage traveling from Manchester to Glasgow a stout man extols a strict routine of simple food and regular hours as the secret to perpetual health. A passerby interrupts asking what the man was convicted for, highlighting the humorous dig at self-improvement claims.
The Boston Post outlines a weekly questions column for listed and unlisted stocks and bonds in New England companies. It promises impartial answers from trustworthy data but disclaims market forecast guarantees and opinions on stock prospects. Inquiries require full name and street address for consideration.
Investors seek guidance on International Paper, Utah Apex, and United Dry Goods. Analysts discuss earnings, dividends, and market risks amid banking, labor, and political factors while noting copper stocks look cheaper and a potential near term rally depending on forthcoming developments.
Figures show Utah Apex earning just over 11000 in January with 18000 to 24000 expected in February. Majestic Mines notes improvements with 4100 in January and 20000 in recent shipments. Giroux Consolidated emphasizes copper output around 1,000,000 pounds monthly at nine cents per pound. Analysts call for cautious optimism amid market volatility and possible bond funding if needed.
Cyrus H. Mc Cormick, president of International Harvester, calls the Bureau of Corporations report unfair and biased. He says the timing overlaps with a government lawsuit and company evidence, claims the report repeats old charges without candor, and asserts fair capitalization and moderate profits benefiting the farmer.
The page lists stock quotes with current and ex dividend notes for Chicago Milwaukee St Paul Detroit United By Chicago & Northwester United Cigar Stores Am Smelting & Refining American Sumatra Tobacco Colorado Fuel & Iron Deere & Co International Nickel Puget Sound Light & Power Terre Haute Trac & Light Helme Co M Rumely Privilege Expires Baltimore & Ohio rights and notes that books do not close.
Alfred Noyes the English poet and Mrs Noyes visited Wellesley College from Hanover New Hampshire after a Dartmouth guest appearance. They met Miss Helen Temple Cook Dana Hall School and tea with Bowdoin dormitory faculty. About 200 students heard Noyes read his poems for two hours amid applause. John Bennett attended with his sister Martha Bennett a Wellesley faculty member. A reception followed at Bowdoin dormitory.
In Haldeen Woods near Paterson New Jersey a 50 mile gale did not deter a large crowd of 12 000 to 15 000 attending a picnic organized by silk mills strike leaders. The majority of attendees were strikers and kept moving to stay warm.
Washington March 2 Senate and House sit on Sunday as the Sixty second Congress nears adjournment. Leaders warn the naval bill may fail to pass amid battleship disputes, with final adjournment set for noon Tuesday.
Thousands fill Washington galleries as House and Senate clash over the naval bill. Conferees fail to resolve the one vs two battleship plan, threatening a $150 million appropriation and prompting early adjournment amid potential filibusters and busy conference committees.
The Rev. Frederick F. Heath of Warren Avenue Baptist Church urged support for women voting at a church talk. He argued equal suffrage would lift politics and help fight corruption, expressing hope that wives would soon cast ballots for a better government and country.
The Senate passed the Burton bill by 41 to 20 to abolish involuntary seaman service and improve labor and living conditions on American merchant ships as an alternative to the Wilson bill. The six hour debate added key amendments, with labor groups backing reforms though seafaring organizations on lakes and oceans finding many features unsatisfactory and unlikely to clear House approval.
Prominent jurists and Suffolk County Court attaches attended the funeral of ex Judge William J. Forsaith at his Roxbury home 372 Longwood avenue. Central and Municipal court judges assembled at Pemberton square and marched to the residence with court attaches and local bar. Rev. Edward Cummings officiated at 3 o'clock service.
Alessandro Bonci and Mme Rhadeska, a blind soprano, performed in Symphony Hall with varied repertoires. Bonci opened in English, sang Ponchielli and Verdi arias with strong praise for enunciation, and offered encores including La Donna e Mobile. Rhadeska delivered musically refined pieces by Veracini Scarlatti Chopin Puccini and others, with a notable Lucia mad scene. The large audience enjoyed a lengthy program and warm receptions.
Edwin C. Burleigh who was elected to succeed Obadiah Gardner as U S Senator from Maine is ill at a Baltimore hotel. He is traveling with his physician toward Washington to take the oath of office Tuesday. The doctor hopes he will continue the trip but the condition tonight causes uneasiness.
President Taft commuted eight months in New York county penitentiary and a $5000 fine for Charles R. Heike, secretary and treasurer of the American Sugar Refining Company. Heike had been convicted of conspiracy to defraud the United States by underpaying duties on sugar entry.
Mrs. Jennie P. Winslow of Cambridge marked her 80th birthday yesterday at her daughter Mrs. George T. Barringtons home 40 Cushing Street Cambridge The celebration honored by family includes her son Sergeant John E. Winslow of the Cambridge police department.
Boston fans await the match between George Bothner world welterweight champion and Luigi Montagna Italian title holder at the Grand Opera House Thursday night. Bothner, champion for 12 years, defends in a best two of three falls catch as catch can bout. The winner may face Jack Butler or Peter Goulette next.
Funeral services for James J. Hill former captain of the National Lancers were held yesterday afternoon at his Stone Avenue Somerville home. Rev. W. H. Rider chaplain of the Lancers officiated and the Weber quartet sang.
Dr William C Farabee former head of the Peabody Museum at Harvard will launch from Philadelphia next week leading the universitys most costly expedition. He sails a privately furnished yacht and aims to explore the Amazon river basin in South America.
Dr Farabee leads a three year Amazon voyage with Dr Frank Lin B. Church and Sandy McNabb aboard a self supplied yacht. The mission includes ethnology of tribes, tropical disease research, map making, and collecting arts and crafts with Brazilian government support.
Protestant churches announce David Livingstone Day on March 10 with a 10 30 a m public meeting at Park Street Church led by Rev Dr Howard Agnew Johnston. Lenten services are planned March 5 12 17 18 19 20 with Rev Dr Ransome Greene speaking opening night.
Dr J A Macdonald editor of the Toronto Globe will address the Pilgrim Publicity Association luncheon at the American House today. He will speak in Boston as part of his four city series en route to Washington. Robert Lincoln O Brien of the Boston Herald and Carroll J Swan preside. Boston editors are expected to attend.
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