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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 24, 1913
Page
14
Market review notes continued weakness with rail and industrial averages hitting new yearly lows. It cites tariff uncertainty, global gold outflows, tight bank lending, and ongoing liquidation of speculative issues. Railroad earnings struggle with dividends cut or under pressure, while broader conditions hint at painful readjustment ahead.
Monday column answers on listed and unlisted stocks and bonds from New England companies. Includes financial commentary, sourced figures, and impartial data. Readers must provide full name and street address. anonymous inquiries are not considered. Boston Post Financial Editor Boston Mass.
An investor column evaluates the Torrington Company as a holding group of needle and knitting tool makers. Preferred stock yields 7 percent and common 8 percent with a 10 percent extra common dividend in 1911. Reece Machine Companies show three entities on the Boston Stock Exchange with dividends, growing earnings, and strong asset positions, led by Reece Buttonhole Machine Company.
Chart view shows Boston and Maine common stock falling to 129 after the 1907 panic, dipping to a new low of 114 in October 1908 with a deficit of 1.4 million after dividends, dividend cuts from 7 to 6 percent, a rise to 1538 in 1909, and continued weakness through 1911 with proposed full dividend suspension amid questionable earnings and new stock issued at 110 a share.
The record notes Winona Copper Company shows a 1898 start, no dividends, 28 paid-in on 25 par stock, losses of 84781 in 1912, and low copper yields per ton. It advises against purchasing stock and cites weak profit potential for shareholders. It also evaluates Texas Company, citing strong dividend history, assets about 109 per share, net quick assets near 50, and good management with favorable earnings prospects amid high demand.
Maritime notices list sunrises and sunsets plus tide heights and a parade of steamers and schooners under way or clearance. Vessels include Boston, City of Memphis, Norfolk tugs and barges, and several ships bound for Rockland Providence New York and Perth Amboy.
Sir Arthur Conan Doyle argues Germany may attack Britain and urges a Channel tunnel as insurance. He discusses submarine threats, French alliance, and defensive measures, weighing naval risks and the need for rapid, coordinated defense with France.
A sizable fleet arrived at the wharf yesterday supplying dealers with fresh ground fish today. Vessels arriving include the Rex Jeanette Imperator Georgia Eva and Mildred Yankee Two Brothers Galatea and Flavilla. The Boston brought passengers from Yarmouth including three Gloucester fishermen sent home by the American consul. The Bohemian may arrive from Liverpool tomorrow with over 50 passengers. Upcoming ships include the Tovat from Japan and China Katios from Macoris Francisco from Hull Bosnia from Hamburg Sagamore from Liverpool Whitefield from Trinidad Bowdan from Sosua Kabinga from Calcutta and Colombo. The Ivernia with about 1700 passengers is due Friday. Frederick C Billard sworn in as captain of the revenue cutter Androscoggin last week. Captain Daniels remains on sick leave. The Landsman.
Two Bay State street railway cars crashed together at East Saugus late last night. Both cars lost much glass but no passengers were injured. Mrs. Edmund Gendron of 257 Lincoln Avenue fainted and was taken home.
Alfred and Arne L. Andersson, as Alfred Andersson & Co., seek a First Class liquor license to sell intoxicating liquors as Victuallers at 200 Atlantic Ave and multiple Long Wharf locations in Boston. Applications filed March 24, 1915 with the Licensing Board.
White Plymouth Rock eggs for hatching six dollars per hundred and baby chicks fifteen dollars per hundred. Hatches due March 25 and April 8. Brockton Milton cars pass. Contact H FF Reynolds at South Main Street Randolph Massachusetts.
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