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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 23, 1915
Page
12
New York stock prices show the high and low for today with rapid quotes at the New York Stock Exchange. Comparisons are made to the previous closing, outlining market movement and notable shifts.
Fall River plans bids by March 24 for 260 000 dollars of four percent bonds with 1916 to 1946 maturities across sewer highway public improvement and police building projects. Winchester seeks bids by March 25 for 28 000 dollars of four percent bonds covering sewer bridge water and related maturities through 1920.
February copper output from Mohawk rose to 1,181,000 pounds from January 1,141,000. The rock yielded 18.56 pounds per ton, up from 17.81 in January.
In Boston a lively trading scene drives copper stocks to a record yearly total while Bethlehem Steel and General Motors lead the market. Copper hits a new high as Alaska gold also climbs to new records amid old fashioned sport trading in the exchange.
Total sales in New York and Boston yesterday and year to date. Bethlehem Steel and Alaska Gold were the most active issues. The report compares current totals with the same period last year and notes the leading gains and losses in both cities.
New York markets show renewed unsettled foreign exchange with sterling at 4.7834, Paris cables and checks at record highs since the war outbreak. Bethlehem Steel leads, up 5.58 points to 72, while Reading weakens amid last week’s selling. Gold imports from Canada rise, Bank of England seen releasing more metal. Ottawa returns near 20 million and exports up over 43 million. London firm on high grade issues. U S bonds unchanged. total par value 1.75 million.
The Boston financial district shows a revived bull mood led by copper gains. Greene-Cananea jumps to 298-4 on rumors of operations resuming, Calumet & Arizona strengthens on possible financing and rights to new securities. Lake Copper surges above 10 as ore outlook improves. Alaska Gold rises beyond 34 amid favorable mine data.
On March 22 general market activity featured Calumet and I, tuna, Houghton, Bohemia, Nevada, and DougS yas ghee Extension as notable names. Fortuna posted a new high at $3 while Bohemia at 1916 reached its strongest quotation in months. Nevada Douglas stood as the sole weaker link in the list.
Associated Oil declares a regular semi annual dividend of 1.50 payable April 15 to stock on record. Northern Railway declares a usual quarterly dividend of 184 percent on capital stock payable May to holders recorded April.
Boston market brief notes the day’s high low and quick bond prices on the Boston Stock Exchange with comparisons to the prior close. The report lists bond figures and overall market movement for investors tracking securities performance.
Harvard, Yale and Princeton freshmen will debate the resolution that the United States should abandon the Monroe Doctrine. The event occurs May 7 simultaneously in Cambridge New Haven and Princeton New Jersey with four weeks of preliminaries to select the top 1918 debaters to represent the schools.
Cotton futures rose to 10 cents a pound, the highest since the war began, driven by cold weather and expectations of a small new crop, with exports doubling February 1914 levels and remaining strong into March. Amalgamated Copper, linked to Anaconda, trades amid asset reshuffles, while gold imports from Ottawa push London to adjust rates and discuss sale of securities to ease exchange pressures.
Mrs Hanson testified that William Hyde of Glen Avenue Arlington supplied $30 for the operation and she provided another $30, with $60 paid to Dr Turner. She described the office visit near Symphony Hall Massachusetts Avenue and the Cambridge lodging where she rested as the doctor visited across several days. The trial resumes with Hanson under examination.
Seven sophomores at Rensselaer Polytechnic Institute including E R Ricket of Georgetown and Samuel Waters of Wellesley Hills were suspended for hazing a freshman. Suspension equals expulsion if the institute ratifies the action, with President Ricketts pledging no leniency.
In observance of the second anniversary of the death of the late rector of St. Augustine's parish South Boston Mer O Callaghan a solemn high mass of requiem was celebrated yesterday Rev Joseph Coppinger the present rector officiated assisted by Rev M Chilbride deacon Rev Edward A Costello sub deacon and Rev Henry kK Lyons master of ceremonies
Peter F. Lamont of Dorchester thanked the Post for the Build Now campaign noting 110000 dollars of Dorchester homes built at a saving of 16500 dollars for 17 houses. The project led to all houses being rented, some with cellars incomplete.
Boston & Maine officials filed a new commutation ticket schedule with the Public Service Commission yesterday. The tariff makes sweeping changes with an average increase of about a half cent per mile over the old rate, from about 11 2 cents to 2 cents per mile.
The Boston Post reports Amalgamated Copper Co may liquidate by distributing Anaconda shares to holders after selling assets to its subsidiary. With two Anaconda shares per Amalgamated share and no other revenues, analysts question continuing the parent company. Tomorrow’s financial page will analyze earnings and prospects.
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