Directors Offer Settlement of Deferred Dividends to Preferred Stockholders
The Directors of the Company vote to settle all deferred dividends for Preferred Stockholders in cash at 7 percent, 14 percent in Six Percent Cumulative Preferred Stock, or 12 percent in Common Stock. Holders may deposit stock with Bankers Trust Company as Depositary under a Deposit Agreement dated with the offer. Information and copies available from Bankers Trust or International Paper Company. Dated January 31, 1917.
MENTIONED IN THIS ARTICLE
Bankers Trust Company
Wall Street
New York
International Paper Company
International Paper Preferred Stock Plan Seeks Near‑Complete Acceptance
The committee urges holders to deposit endorsed certificates by March 23 1917 to approve the debt plan and deferred dividends. Depositaries include Bankers Trust 16 Wall Street NY Merchants National Bank Boston and Northern New York Trust Watertown with certificates of deposit to be issued.
MENTIONED IN THIS ARTICLE
Bankers Trust Company
Wall Street
New York City
Merchants National Bank of Boston
Mass
Northern New York Trust Co
Watertown
N. Y
Bankers’ Trust Company
New York Stock Exchange
New York
ANSWERS TO INQUIRIES COLUMN SEEKS READER STOCK QUESTIONS
A Boston Post financial column invites inquiries every Monday on listed and unlisted New England stocks and bonds from readers. It promises impartial data based responses but disclaims market forecasts and opinions. Inquiries must include full name and street address for response.
MENTIONED IN THIS ARTICLE
Boston Post
New England
Post
Financial
The
Inquirer
Boston
Mass
Investment in United States bonds yields just over two percent
Question from K E B Springfield asks for maximum income and where to buy United States government bonds and what it means when bonds sell at a price like 98. The answer notes the U S government credit is premier and current yield is a little over 2 percent with potential for about 960 million dollars in new bonds after a recent congressional session.
MENTIONED IN THIS ARTICLE
United States
Springfield
Government bonds and investment notes in wartime economy
A discussion outlines government debt instruments including one year certificates of indebtedness, long term bonds, and naval and wartime issues. It explains pricing, premiums at par, and how open market quotations translate to costs for $100 and $1000 denominations. It analyzes Japanese 4 1-2s price at about 85 and the factors shaping their investment merit.
MENTIONED IN THIS ARTICLE
Ary Department
Danish West Indies
Congress
Stock Exchange
Bond House
Marked Market Review Sees Side Movement And Rail Strife
The market ends a week of little net change after a rally, with prices flatting into a side movement. Analysts cite potential railroad strike resolution, Russia revolution gains, and strong steel and copper demand as factors shaping a cautiously optimistic outlook into 1918.
Northern Pacific joint 4s bond cited as solid collateral
An investor in Somerville asks about Northern Pacific joint 4s. The response notes these bonds are a high quality collateral trust issue, secured by 107.6 million dollars of Burlington stock, with joint liability by Northern Pacific and Great Northern and double stock backing for bond guarantees. The issue totals 215.227 million, dividends cover interest, and bonds are redeemable from Jan 1 or July 1 at 105 with accrued interest.
MENTIONED IN THIS ARTICLE
Northern Pacific
Great Northern
Chicago, Burlington & Quincy
Two Roads
Burlington
Germans Behind Railroad Strike Alleged in Sermon
Rev Dr Daniel D Addison told All Saints Church Brookline that Germans are engineering the threatened railroad strike. He also claimed Russia's upheaval signals Teutonic autocracy's overthrow begun there.
MENTIONED IN THIS ARTICLE
Daniel D. Addison
All Saints’ Church
Brookline
Russia
Auto Theft Charge Shocks Bridgewater Youth
Donald Kelley alias Fred Benson, 18, was arrested in Bridgewater this morning on a charge of stealing an automobile from James Bowman of Falmouth last Friday.
MENTIONED IN THIS ARTICLE
Bridgewater
Donald Kelley
Fred Benson
James Bowman
Falmouth
Waterfront March Weather and Pier Trade Report
On the waterfront a March 19 calendar notes the 78th day of the year with light fish receipts expected at the pier. Yesterday's arrivals included the Heroine with 100000 pounds of fish, Progress with 30900, Topsail Girl with 8000, and the Esparza delivering bananas and citrus from Port Limon. The Nel son brought 1300000 gallons of molasses, docking at White Spirit wharf after a Guanica run.
MENTIONED IN THIS ARTICLE
H. L. McKay
Long Wharf
Port Limon
Costa Rica
Nelson
A. H. Rafuse
Guanica
Porto Rico
White Spirit Wharf
Commercial Street
Shipping News Briefs From Port and Coastwise Dispatches
Shipping notices list steamers Faparta McKay Port Simon and many others sailing coastwise from New York Norfolk and Boston with tugs barges and schooners including City of Gloucester John J Perry Pallas Alert and more. Coastguard cutter Gresham cruises as vessels depart for Newport News Philadelphia and Norfolk with multiple towing barges and cargo ships.
MENTIONED IN THIS ARTICLE
Faparta
McKay
Port Simon
Prince George
Simms
Yarmouth
N. S
Nelson
Rafaxe
Guanica
P. R
Parthian
Thacher
Philadelphia
Coastwise
Stromburg
Norfolk
Middlesex
Boutilier
Malden
Brown
Baltimore
F. Dimock
Crowell
New York
Calvin Austin
Strout
Portland
Maton
Parmenter
Cto
City of Gloucester
Linneken
Gloucester
John J. Perry
Thompson
Rockland
Luckenbach No. 4
Gegg
Coastguard
Gresham
Borinquen
Everett
Harvey H. Brown
J. H. Devereux
Pallas
Alert
New London
Security
Jack T. Scully
Scully
Summit Hill
Albany
Emelie
Newport News
Henry Endicott
Locals Ready to Strike in Eight Hour Dispute
Engineers firemen trainmen and switchmen in the New Haven and Boston Albany freight services plan a 7 pm strike if no settlement is reached in New York. Boston and Maine workers will set their strike hour at a Quincy House meeting. Vice Presidents Sines and Griffin will attend the Boston gathering to signal a nationwide tie up.
MENTIONED IN THIS ARTICLE
New Haven
Boston & Albany
New York
Boston & Maine
Grand Lodge
Quincy House
George H. Sines
Griffin
Engineers
Somerville Youth Wireless Operator Perishes Aboard Vigilancia
A 19 year old Somerville resident served as a wireless operator aboard the American steamship Vigilancia when it was torpedoed. The incident resulted in his death during wartime service.
MENTIONED IN THIS ARTICLE
Somerville Boy
Vigilancia
Railroads poised for strike amid New York settlement hopes
By noon today railroads plan sweeping freight embargoes unless New York strike talks yield a settlement. The Knickerbocker Limited to New York at 1 pm and other parlor trains on the New Haven will be cancelled. Boston area service will be trimmed to lines reachable by trolley. Union meetings in Boston pledged full confidence in New York officers and favored immediate strike as mass gatherings urged action tonight.
MENTIONED IN THIS ARTICLE
New York
Knickerbocker, Limited
New Haven
Boston
Commercial Hall
Washington Street
T. Donald
W. J. Loring
Z. J. Blake
New England
Grand Lodge
B. & M. Brotherhood
Young wireless operator Paul Platt of Vigilancia
Paul T. Platt, 19, a Somerville native and one of the Marconi company's youngest wireless operators, served on the torpedoed Vigilancia. He rose from junior to senior operator after quick exams and 10 weeks Coastwise service, having studied at Hagstein Radio Institute and Fisher's Business College.
MENTIONED IN THIS ARTICLE
Paul T. Platt
Vigilancia
Hagstein Radio Institute
Baltimore
Providence
Platt
Hartford
Conn
Somerville
Somerville High School
Fisher Business College
State Street
Oppose School Board Plans Condemned by Labor Union
The Boston Central Labor Union condemned a plan to transfer school employee powers from the Boston School Committee to the Superintendent. The body passed a resolution instructing secretary Henry Abrahams to urge each school committee member to vote against the proposal, claiming it would harm the public.
MENTIONED IN THIS ARTICLE
Boston School Committee
Boston
Boston Central Labor Union
Henry Abrahams
Oppose Abolishing Ambulance Station in Boston
The Boston Central Labor Union voiced strong opposition at a meeting to a Finance Commission proposal to abolish the South Boston ambulance station and redirect patients to City Hospital. Delegates argued the station and hospital serve a major manufacturing district and have saved many lives.
MENTIONED IN THIS ARTICLE
Boston Central Labor Union
Finance Commission
South Boston
Carney Hospital
City Hospital
Proclamation by Gen Maude Declares British Liberation of Baghdad
Major-General Frederick Stanley Maude, commander of British forces, issues a Baghdad proclamation framing the occupation as liberation not conquest. It cites past Turkish oppression, notes trade with Bagdad and its merchants, and asserts Arabs have expelled Turks and Germans, inviting cooperation with British civil authorities and regional allies.
MENTIONED IN THIS ARTICLE
London
Frederick Stanley Maude
Bagdad
Mesopotamia
Midhat
Great Britain
Persia
Arabia
Husein Ben Ali
Hejas
Labor Union Actions And Leadership Changes In Boston Area
At the Boston Central Labor Union meeting the office of business agent was created and will be filled at the next Ard election. R G Stearns of Providence was elected chairman of the Brotherhood of Railway Clerks system board of adjustment for the Boston and Maine railroad, with J J Johnson of Lawrence as secretary treasurer and E McAvoy of Boston as vice chairmen. Lazarus Marcovitz resigned as manager of the Amalgamated Clothing Workers of America in Boston. Building Laborers Union 223 reported grievances settled on two local jobs, while no word has yet come from the Master Builders Association about a proposed wage and working agreement.
MENTIONED IN THIS ARTICLE
R. G. Stearns
Providence
R. J
System Board of Adjustment
Brotherhood of Railway Clerks
Boston & Maine Railroad
Lawrence
E. McAvoy
Boston
Lazarus Marcovitz
Amalgamated Clothing Workers of America
Harrison Avenue
John J. Sullivan
Backed by Alarm Frank Callahan’s House Burglar Fled
Frank Callahan a West Somerville motorman found a burglar standing in his pantry doorway at 4 Hancock Street early yesterday. Callahan backed from the room and fled to raise the alarm. Police surrounded the house but the burglar had disappeared.
MENTIONED IN THIS ARTICLE
Frank H. Callaha
Hancock Street
West Somerville
Callahan
Death Notices for Bickford Rode and Sibbits in Roxbury and Boston
In Roxbury March 18 Emeline R widow of William Bickford funeral from son’s residence 15 Dennis St Wednesday March 21 at 2 pm relatives and friends invited In Fast Boston March 18 Frederick H beloved husband of Ida Rode funeral from his late home 60 Wordsworth St on Tuesday March 20 at 2 pm friends invited Buffalo papers please copy Sibbits in Roxbury March 18 Margaret beloved wife of the late Augustus A Sibbits nee Dinneen formerly of the North Ind funeral from 107 Atkinson St Wednesday March 21 at 8 30 Requiem high mass at St Patrick Church at 9 o clock relatives and friends invited to attend
MENTIONED IN THIS ARTICLE
Bickford
Roxbury
Emeline R
William Bickford
Dennis St
Rode
Boston
Frederick H
Ida Rode
Sibbitts
tIn Roxbury
Margaret
Augustus A. Stibbitts
Dinneen
North Ind
Atkinson St
St. Patrick's Church
Reorganization Plan for Boston and Maine Railroads Detail
The plan contemplates forming a new corporation to acquire the old Boston & Maine and subsidiary lines while preserving sub leases. It calls for issuing up to 96,856,800 in stock and 12.5 million in bonds, with six classes of stock and detailed subscription rights for old stockholders. A purchase syndicate led by Morgan, Kidder and Lee will underwrite the cash stock and bonds and receive 750,000 in fees.
MENTIONED IN THIS ARTICLE
Boston & Maine Railroad Corporation
Northern
Connecticut and Passumpsic
Franklin and Tilen
Fitchburg Railroad Company
Boston & Lowell Railroad Company
Concord & Montreal Railroad
Connecticut River Railroad Company
Lowell & Andover Railroad
Manchester & Lawrence
Kennebunk & Kennebunkport Railroad
Hampden Railroad Corporation
Boston & Maine Railroad
Hampden Railroad
J. P. Morgan & Co
Kidder, Kody & Co
Lee, Higginson
Also Mentioned on This Page
Broad Street
Philip T. Dodge
Isel , Stetson, Jennings & Russell
Owpn Shepherd
F. N. B. Close
Gates W. McGarrah
Samuel McRoberts
Ogden Mills
Rudolf Pagenstecher
E. V. R. Thayer
Albert H. Wiggin
Depositary Bankers Trust Company
Chase National Bank
Broadway
Merchants National Bank OF
U. S
Avada Copper CO
IS. L.waitzfelder & Co
Broad 8&T
Okmulgee Producing & Refining
Sequoyah Oil & Refining
Pierce Oil Colden & CO
Etre Ee Petrogulf Oil
ELK Basin
Merrit Oil
Barnet Oil Sinclair Pierce Arrow Aetna Explosives
United Magma Mines Co
Harry Lefrovits
Exchange Place
W. J. AA. L. W. Boston
Cambridge
Porcupine
G. W. Field & CO
Congress St
Broad St
Markei Review and Outlook
Committee of Mediation
Berlin
United States Steel Corporation
Germany
Japan
Northern Pacific Joint
Somerville, Mass
R. R. Strike
Venus
Mars
Jupter
Saturn
Shipping News
R. R
N. H. and
Plan Restricted Service
Gen. Maude
Midhat Pacha
Turkey
LABOR
Ard
Fidelity Trust Company of
Banking Department
U & and Masc
Penis
Bank and Trust Co
Suffolk Ss. 5
Frank F. McLeod
James G. Ferguson
John W. White
William Craig
H. E. Fiske
Joseph J. Wall
F. R. Beebe
Fidelity Trust Co
Charles B. Strout
Notary Publis
Brooke C. Ulman & Company
Congress Street
Brooke C. Ulman
Walter W. Duffett, Jr
Elliot C. W. Johnson
Cnter
F. G. Roberts & CO
New York Consolidated Stock Exchange
Worcester