American Telephone Earnings Analysis Shows Solid Dividend Backing
The Post analyzes American Telephone and Telegraph to assess dividend safety. It reports 1914 earnings and subsidiary surpluses boosting total earnings to 11.6 percent of stock, with a 30 percent drop needed to threaten the dividend. Despite rising expenses, assets grew, supporting a strong long term outlook and ongoing efficiency efforts.
MENTIONED IN THIS ARTICLE
The
American Telephone & Telegraph Company
New England Telephone Company
New England
New York State
American Telephone
Treasury
Blockade Announcement Sends Market Into Turbulence
Specialties feature Bethlehem Steel remains strong while General Motors keeps advancing. Telegraph, fruit and steel stocks rise to new highs as all eight percent stocks trade at the same price. Western Union and Alaska reach fresh market peaks, unsettling traders.
MENTIONED IN THIS ARTICLE
Bethlehem Steel
General Motors
Telephone
Fruit and Steel
Western Union
Alaska
Market totals and leaders from yesterday and year to date
Yesterday's totals show New York sales 169100 shares and Boston 20414, with Reading and Alaska Gold most active in their markets. Year to date readings: New York 11871100 and Boston 1266573 shares, against last year's 19807500 and 1415197. Notable gains include General Motors in New York and Ahmeek Calumet & Hecla in Boston, while Sears Roebuck and Con & Montreal show losses.
MENTIONED IN THIS ARTICLE
New York
Boston
Reading
Alaska
General Motors
Sears, Roebuck
Ahmeek
Calumet & Hecla
Con
Montreal
Reading stalls as market swings on Reading and peers
New York trading began unsettled with heavy selling in Reading on fears of a dividend cut after seven months of weak earnings. Lehigh Valley, Canadian Pacific also fell. Bethlehem Steel rose to a new high, while United States Steel held firm. Bond activity showed weakness in New Haven, Rock Island and Missouri Pacific with total stock sales around 169,600 shares.
MENTIONED IN THIS ARTICLE
New York
Reading
Reading Board
Lehigh Valley
Canadian Pacific
Amalgamated Copper
National Lead
Bethlehem Steel
United States Steel
American Sugar
Montana Power and Texas Company
Reichsmarks
Rome
Canada
London
Bank of England
New Haven
Rock Island
Missouri Pacific
United States
Management Plans Cost Cuts to Preserve Investments
Company officials outline strategies to keep 8 percent dividends stable while reducing public costs. They foresee limited gains from direct operating expenses but expect large depreciation and obsolescence cuts as old equipment is scrapped and upgraded.
St Louis sells 2.75 million bridge bonds to bankers
St Louis district markets 2,750,000 on 4 1 2 per cent terms for 20 years. Local bankers purchase the municipal bonds in a funded issue to finance a bridge project.
MENTIONED IN THIS ARTICLE
St. Louis
Boston Market Mixed with Weakness in March Trading
The Boston market showed mixed to weak activity with several stocks dropping a point or more while United Fruit and Massachusetts Electric rose. Telephon e and Western Union attracted late non taxable demand as brokers note talks of expanding Ahmeek shares and Island Creek reports solid earnings around 3 dollars per common share.
MENTIONED IN THIS ARTICLE
Boston
United Fruit
Massachusetts Electric
Alaska
Telephone
Western Union
Ahmeek
Island Creek
Union Pacific
Boston Stocks Mixed on Boston Stock Exchange Prices
The Boston Stock Exchange reported varying high and low prices with declines from prior closes across several securities. Total sales reached 1,915,000 dollars, with year to date and weekly comparisons showing shifts from the previous day and prior week.
MENTIONED IN THIS ARTICLE
Boston
Boston Stock Exchange
Cotton Spindle Totals Show Massachusetts Leading in U S
Massachusetts holds about one third of the 32 150 000 spindles nationwide with 11 075 000. From 1909 to 1914 the state gained roughly 14 percent while North Carolina and South Carolina posted larger percentage increases.
MENTIONED IN THIS ARTICLE
Nor & Wes
eeelOl
Nor & West Pé
Eweaeereer
People's Gab.cnes
Studebaker
Texas Pacific
the Texas Co
Third Ave
Wabsah Pf
Pearere
Wells-Fargo
West Union
Woolworth Pennene
United States
Massachusetts
Carolinas
North Carolina
South Carolina
New England
Temporary loans awarded in Massachusetts finance notes
Quincy awards Estabrook & Co a temporary loan of 175000 at 3.10 percent discount maturing November 24 1915 with other bidders named. Reading invites bids by March 17 for a 90000 loan maturing in October November and December 1915. Middlesex County selects Estabrook & Co for 200000 due November 9 1915 at 8.075 percent discount with other bidders listed.
MENTIONED IN THIS ARTICLE
Na State
Sea
Ne & Co
Metus
Ae Adams
Ag Coen
Sveere
Eal
Senor
At&s T
Balt & S
Cal Gas & A Bs
Reading
Mass
Middlesex County
Estabrook & Co
Needham Builds New "Build Now" Library on Gifted Land
A $30,000 public library is under construction on land donated by Williams Carter. The project is promoted as a "Build Now" effort, expected to save between $2000 and $3000 in costs.
MENTIONED IN THIS ARTICLE
Needham
Williams Carter
Needham Builds New Public Library Under Build Now Plan
William Carter of Needham donates land and 20000 dollars for a single town library. Architect James H. Ritchie roles in design as workers lay the cornerstone at Highland avenue and Roseberry street. Trustees save two to three thousand by starting now. Growth of Needham Plains and Heights district seek centralized library.
MENTIONED IN THIS ARTICLE
Needham
William Carter
Highland Avenue
Roseberry Street
James H. Ritchie
Boston
Heights
Needham Plains
Build Now campaign fuels library and factory plans
Mr Carter tells the Post he supported the Build Now movement from the start. He donated land and funds to Needham for a new library at 17 500 square feet, replacing the old 10 000 square feet site. He plans a brick and steel factory, 100 by 50 feet, three stories, estimated at 15 000, to create jobs and save costs. Architect James H. Ritchie notes brick and marble trim for the library interior.
MENTIONED IN THIS ARTICLE
Carter
Post
Build Now
Needham
Heights
Charles Greenwood
James H. Ritchie
Holyoke sells bonds to Merrill Oldham firm at 101 168
Holyoke Massachusetts issues 1730000 in four percent serial coupon bonds dated March 1 1915 broken into 76000 building 70000 highway 15000 sewer and 12000 sidewalk with bids from Loring Tolman and Tupper Curtis and Sanger Bond and Goodwin Farmers Loan and Trust Pr Gs Moseley and Solomon Bros Hutzler. Other bidders Estabrook R N Day Curtis Sanger. Philadelphia Board of Education seeks bids by April 1 for 2000000 four and a quarter percent registered serial gold bonds. Lee Higginson bought 850000 first mortgage 20 year five percent Holyoke Street Railway bonds subject to Public Service Commission approval.
MENTIONED IN THIS ARTICLE
Quincy
Mass
Estabrook & Co
Blake Bros. & Co
American Trust Company
Commonwealth Trust Company
R. L. Day & Co
Loring, Tolman &Tupper
Farmers Loan and Trust Company
Curtis & Sanger
Loring, Tolman & Tupper
Bond & Goodwin
Pr. Gs. Moseley & Co
Solomon, Bros. & Hutzler
Holyoke
Merrill, Oldham & Co
R. N. Day & Co
Lee, Higginson & Co
Holyoke Street Railway Company
Public Service Commission
Oxford Associates Endorse Build Now Movement
At their last Cambridge Massachusetts meeting the Oxford Associates Real Estate group voted to cordially endorse the Build Now movement started by the Boston Post.
MENTIONED IN THIS ARTICLE
Oxford Associates
Cambridge, Mass
Boston Post
Money markets and exchange rates report
Current quotations show call loans 3 to 34 percent and commercial loans 4.4 to 6 percent. Year money around 4.4 to 4.5 percent. Gold and silver values listed, with New York clearing house figures and exchanges. Foreign exchange market remains quiet with sterling at about 4.80 per dollar and other currencies shown.
MENTIONED IN THIS ARTICLE
New York
Ces Soeres
Treasury
Cesceseresersces
Sheascnie Seraies
Peete
ATI Sog
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