Lexington & Eastern Railway First Mortgage Five Per Cent Bonds
The Lexington & Eastern Railway Company proposes first mortgage five percent bonds with interest due April 1 and October 1 in New York. Proceeds fund extensions to McRoberts to support coal traffic for Consolidation Coal and others totaling about 6 million tons annually. The Louisville & Nashville system gains over 1 million in annual traffic, with 1901–1914 income averaging 16.31 million and interest costs 6.96 million, plus 0.375 million due to the new bonds. Permanent improvements from 1901–1914 totaled 14.873 million, with 3.195 million added from income and 44.437 million from surplus. Dividends of at least 5% were paid on 72 million in outstanding stock. Temporary certificates issued pending definitive bonds. listing will be sought on the New York Stock Exchange.
MENTIONED IN THIS ARTICLE
Lexington & Eastern Railway
Lexington
Kentucky
McRoberts
Virginia
Louisville & Nashville
Louisville & Nashville Railroad Company
Lexington & Eastern
J. P. Morgan & Co
First National Bank
National City Bank of New York
Lexington & Eastern Railway Company
First Mortgage
Worcester Academy
Davis Hall
Peabody & Stearns
Boston
Edward F. Minor Building Company
Worcester
Answers to Inquiries in Boston Post Finance Column
Monday morning column answers questions on listed and unlisted New England stocks and bonds. It covers securities and financial topics with impartial data but does not guarantee accuracy or market predictions. Inquiries must include full name and street address for attention by the financial editor at the Boston Post.
MENTIONED IN THIS ARTICLE
Boston Post
New England
Post
The
Inquirer
Financial
Boston
Mass
Central Maine Power notes seen as well secured investment
Cambridge readers question CMP notes as investment. The three year 6 percent notes were issued to refund prior 5 percent notes due 1915. CMP dominates electric service in Kennebec Valley. serves 106000. capitalized with common, preferred, bonds and notes. 1914 net income after interest stood at 139000, about four times note interest.
MENTIONED IN THIS ARTICLE
Central Maine Power Company
Cambridge
Mass
Kennebeck Valley
Augusta
Hallowell
Gardiner
Waterville
Fairfield
Oakland
Questions on United States Worsted and related stocks
A reader asks about United States Worsted after its 1914 report showing 241000 in net profits with a first preferred dividend need of 350000 and notes interest contingent on earnings. The reply notes war disruption, partial recovery, and uncertain junior security returns.
MENTIONED IN THIS ARTICLE
United States
M. W. Brookfield
Mass
Adie
United Cigar Stores Company and related holdings overview
A Q and A discusses United Cigar Stores Company, its 850 stores nationwide, and its holding structure. It notes preferred stock of 4.527 million and common stock of 27.162 million with past earnings margins of about 5.75 to 6.83 percent for the holding entity and an estimated 12 percent on subsidiaries in 1914. It also mentions United Profit Sharing Company formed to absorb coupon business and its 1915 capital increase to 2 million dollars.
MENTIONED IN THIS ARTICLE
United Cigar Stores Company
Phar Oe
Boston
United Profit Sharing Company
Cigar Stores Company
Cigar
Lexington Eastern Bond Offering
Major banks reopen subscriptions for a 7.5 million Lexington & Eastern Railway first mortgage 5 percent bond issue. Bonds deliverable when sued and guaranteed by Louisville & Nashville Railroad, maturing April 1 1965, priced at 98 3/4 yielding about 6.07 percent.
Hagin Tops Golf Title Holders In Tampa Exhibition
Walter Hagin national open golf champion won an exhibition at the Tampa Automobile and Golf Club with 142 defeating J M Barnes Western open champion 144, Thomas McNamara Philadelphia Florida open champion 154, and Thomas Kerigan of Boston 156.
MENTIONED IN THIS ARTICLE
Tampa
Fla
Walter Hagin
Tampa Automobile and Golf Club
J. M. Barnes
Thomas McNamara
Philadelphia
Thomas Kerigan
Boston
War and Wool Editorial Attacks Blame U.S. Wool Exports
Editorial by Curtis Guild argues English papers and officials attack the United States over claims it supplies Germany with wool and other materials. He accuses politicians and poets of fueling the false narrative in a Saturday Commercial Bulletin piece.
MENTIONED IN THIS ARTICLE
Commercial Bulletin
Hon. Curtis Guild
United States
Germany
Guild
Editorial: US Allies Support and Wool Embargo Critique
Mr. Guild argues American aid to the Allies is substantial and not a trigger for embargoes. He contrasts December exports to the UK with those to neutral Europe and Russia, debunking claims of supplying Germany. He notes wool as noncontraband and cites England’s colonial wool embargo as the actual cause of wool price rises.
MENTIONED IN THIS ARTICLE
Germany
United Kingdom
England
United States
Commonwealth of
Massachusetts
Jane Addams Speaks at Three Events for Peace Party
Jane Addams arrives from Northampton to speak today at Somerset Radcliffe and the Harvard Union in a fundraising tour for the Woman's Peace Party. She comes from Smith College where she spoke earlier, with a luncheon set for 1 PM by the Massachusetts Branch of the party.
MENTIONED IN THIS ARTICLE
Jane Addams
The
Somerset
Radcliffe
Harvard Union
Woman’s Peace Party
Miss Addams
Northampton
Smith College
Massachusetts
Woman's Peace Party
Market review and outlook signals cautious recovery
The market shows gains across railroads and industrials with a possible downward trend reassertion. Wheat prices swing after Dardanelles actions, bank clearings dip vs last year but February check payments rise. New York banks report rising loans, surplus reserves may support credit, copper and steel show signs of improvement but orders remain limited.
MENTIONED IN THIS ARTICLE
Dardanelles
New York
Ex Mayor Denies Gambling Ties to Palm Beach Club
Ex mayor John F. Fitzgerald says he never gambled or saw gambling at the Beach Club in Palm Beach Florida during his brief visits, as authorities raid the club early Saturday.
MENTIONED IN THIS ARTICLE
John F. Fitzgerald
Palm Beach
Fla
Florida
Governor Walsh Addresses Large Dorchester Parish Meeting
Governor Walsh spoke at St Peter's Parish Club meeting in Meeting House Hill Dorchester to about 2000 attendees with an overflow crowd outside. He addressed religion and community concerns in a densely packed hall.
MENTIONED IN THIS ARTICLE
Governor Walsh
St. Peter’s
Meeting House Hill
Dorchester
Fitzgerald says Palm Beach club visit included dining only
In Palm Beach narrative, Mr. Fitzgerald recalls visiting a private club twice with family, noting the dining room only and denying gambling involvement. He highlights the club’s exclusivity and mentions the mayor’s bail for the Bradley proprietors, casting doubt on the legality of the alleged gambling case.
MENTIONED IN THIS ARTICLE
Fitzgerald
Florida
Palm Beach
Henry Fitzgerald
Mr. Fitzgerald
Bradleys
Governor attends Dorchester event with St. Peter's rector remarks
William J. Hennessy presided as Governor Walsh spoke on faith and patriotism. Mgr Peter Ronan praised public service and joked about Dorchester girls while the Governor teased a possible future Dorchester wife. Ronan honored for 40 years at St. Peter's. a musical program followed and a bouquet was presented to the Governor.
MENTIONED IN THIS ARTICLE
William J. Hennessy
Mgr
Peter Ronan
St. Peter’s Church
Ronan
Dorchester
Mer. Ronan
Walsh
Rowan
St. Peter's
Son of Adding Machine Inventor Dies in Local Hospital
Horace S. Burroughs aged 29 son of the late William S. Burroughs inventor of the adding machine died in a Detroit hospital from a self inflicted wound. He was described as penniless and in frail wealth despite years earlier being worth over 250000.
MENTIONED IN THIS ARTICLE
Detroit
Mich
Horace S. Burroughs
William S. Burroughs
Retired Police Lieutenant Jason W. Butters dies at 60
Jason W. Butters, 60, a police lieutenant until his retirement about a dozen years ago, died last night at City Hospital from septicemia after being admitted February 18 with a septic foot. He lived with his son Edward Q. Butters, 43 Power Street, Forest Hills, a crossing officer of Station 4.
MENTIONED IN THIS ARTICLE
Jason W. Butters
City Hospital
Butters
Edward Q. Butters
Power Street
Forest Hills
Yptel Touraine
Rabbi Schulman Urges Jewish Ideals Over Race
Rabbi Samuel Schulman of New York spoke to about 2000 at Ford Hall on What Constitutes a Good Jew praising Judaism as a religious matter. He argued the European war arose from national pride and urged maintaining Jewish unity through spiritual ideals rather than land. He said many Jews exist worldwide and can sustain culture in America or Palestine.
MENTIONED IN THIS ARTICLE
Samuel Schulman
New York
Ford Hall
America
Palestine
Giants Defeat Dallas 6 3 In Cold Texas League Clash
A New York National League team of second string players beat the Dallas Texas league club 6 to 3 in a cold day game. Batteries Guelke, Smith, Kernayer and Marshall for the Giants and Mullen, Dunn, Brady and Brown for Dallas.
MENTIONED IN THIS ARTICLE
Dallas
Texas
R.H.E
Guenke
Smith
Kernayer
Marshall
Mullen
Dunn
Brady
Brown
Build Now campaign boosts Boston New England building
Building operations in Boston rose 27 percent from February 1914, with New England total for the month at 8.471 million dollars. The Post sponsor and local boosters credit the Build Now drive for renewed confidence, citing larger permits for fireproof structures and wooden buildings and plans for major downtown projects in Boston and Worcester.
MENTIONED IN THIS ARTICLE
Boston
New England
Post
F. W. Dodge Company
Boston Building Department
Hotel Touraine
Tremont and
Boylston Streets
Pelham
Worcester
Wright
Worcester Telegram
Open Security League Office Arrives in Boston to Organize Branches
Andrew B. Humphrey, executive secretary of the National Security League, lands in Boston from New York to set up branch offices in Boston and across New England. The league, started in New York by figures including former Secretary of War Henry L. Stimson, aims to promote national defense without endorsing a large standing army or militarism. It argues defenses are hampered by ignoring naval and military advisers plans and by lacking gradual implementation of reasonable measures.
MENTIONED IN THIS ARTICLE
Andrew B. Humphrey
National Security League
Boston
New York
New England
Henry L. Stimson
Hurley Elected Exalted Ruler In Boston Elks Ballot
Jeremiah J. Hurley was named exalted ruler of Boston Lodge No. 10 of the BPOE after a close vote of 1480 ballots on Somerset street. Other officers elected include Thomas D. Rice as trustee Edward G Carr leading knight Daniel W Flynn royal knight Alfred Wellington treasurer and Peter F McCarron secretary with final figures announced after nearly 1 am.
MENTIONED IN THIS ARTICLE
Boston Lodge No. 10
Somerset Street
Jeremiah J. Hurley
Thomas D. Rice
Edward G Carr
Daniel W. Flynn
Alfred Wellington
Peter F. McCarron
Nightlife Tale From Boston Suffrage Talk
Rose Livingston, noted for rescuing girls from the underworld, spoke before a packed suffrage headquarters audience at 587 Boylston Street. She criticized Boston men for night harassment of women, recounting being accosted and calling out office workers and smug clerks amid her Massachusetts equal suffrage campaign.
MENTIONED IN THIS ARTICLE
Boylston Street
Rose Livingston
Boston
Miss Livingston
Massachusetts Equal Suffrage Workers
United States
Miss Foley
Also Mentioned on This Page
City of
the New York Trust Company
H. Walters
Consolidation Coal Company
New York Stock Exchange
National City Bank
Central Maine Power
J. W
Holt & McWilliam
L. R. Packard
Fort Hill
Devonshire St
Fortuna United Verde
South Lake
G. W. Field & CO
State Street
J.S. Orler & Company. Inc
Devonshire Street
the Cumberland Corporation
Cumberland Corporation
Bethel
Carolina, Clinchfield & Ohio Railway
Ohio Oil
Ohio
Illinois Pipe Line Company
M. J. Worcester
Ohio Oil Company
Illinois
Ohio Company
United Cigar Stores
LEXINGTON @ EASTERN BOND OFFERING
American Realstate Company
Capital
Beacon Street
Everett A. White
Securities of Sound
Hodgdon, Cashman & Co. Investment Bankers
U.S
Austria
Europe
Great Britain
Giants
Roxbury
Brighton
A. Shuman
Avery Street
W. A
H. A. Root
C. H. Blackall
Washington Street
Bromfield
Harvard College
D. W. Abercrombie
Academy
Dr. Abercrombie
Wilson
Open Security League Office
Boston Elks
Hub
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