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This newspaper page contains 18 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
May 12, 1915
Page
18
Westinghouse Electric has traded between 79 and 108 this period, recently at 88 1 2 with a 4 1 2 percent yield. Analysts point to war orders and potential bond conversion to strengthen finances and restore former dividend strength, possibly lifting common shares toward pre 1907 levels.
Copper remains strong due to limited availability as New York agents bid 19c to 22c for deliveries. Calumet & Hecla quotes 22c to 25c for its metal. second hands report near 18 7-8 to 19 1-8c for July deliveries. Spot zinc and lead hold steady. iron and coke prices cited along with various regional delivery quotes.
Cropley McGargle Co forms a new investment banking firm with offices in the Merchants Bank building at 30 State Street. Partners are Eugene J. Cropley Joseph W. McGargle and Joseph F Flanagan special.
Markets close higher with most list gains of two to four points as copper shares rise sharply. Calumet and Hecla advances lead comps, Maxwell Motors announces first preferred dividend.
Yesterday total sales reached 588 600 shares in New York and 70 452 in Boston. Butte & Superior led New York gains while American Express showed the largest drop. In Boston Calumet & Hecla climbed and Concord & Montreal fell on the list.
New York stocks recovered from steep losses with broad gains led by buoyant opening and President Wilsons Philadelphia address. Traders cited reduced foreign selling, steady London and Continental buying, and firmer copper demand with a rising time money rate. Total sales reached about 610000 shares.
Boston market recap highlights ten stocks jumping over five points led by United Fruit and Alaska Gold while Boston Elevated fell on jitney license defeat. Isle Royale and Calumet and Hecla face board decisions, and American Writing Paper reports interest shortfalls with 60 percent capacity use.
Lord Rothschild advice on selling down to a sleeping point echoes in a modern partial payment plan. Under the plan you sleep nights and still gain dividends from the first payment. If monthly payments stop you keep what you paid and still enjoy thrift benefits. 413 Exchange Blog, Specialists In Odd Lots, 53 State St., Boston.
The bond market in New York on May 11 1915 shows total sales of 2 882 000. This compares with 5 693 000 yesterday and 3 503 000 a week ago and 2 336 000 a year ago. From January 1 to date sales total 306 627 000 versus 293 585 000 a year ago.
The Maxwell Motors Company announces its initial quarterly dividend of 13 4 per cent on the first preferred stock and an extra 3 4 per cent on the same stock to the account of accumulated dividends.
William F. Fitzgerald of Fitzgerald Hubgard & Co. says log prices touched yesterday due to indiscriminate selling by frightened holders but will not be seen again soon. He adds President Wilson is today the country's greatest asset.
State Treasurer Burrill issues notes totaling two million dollars maturing November 17 with interest payable at maturity. The notes are issued without discount.
Chicago Rock Island & Pacific Railway stockholders form a protective committee to draft a reorganization plan. They aim to restore value, expand along sound lines, and position the property with strong financial and physical conditions for shareholders. The plan seeks broad shareholder understanding before any deposits. May 1915. Charles Hayden chairs.
The Boston chapter of the American Institute of Banking named officers for the coming year. President is Robert B. Locke of Old Colony Trust. first vice president John W. Marno of National Union Bank. second vice president Clarence A. Rathbone of Merchants' National Bank. secretary treasurer Charles W. Stevens of Colony Trust. Governors for three years include Walter B. Davis of National Shawmut Bank, Edward B. Staples of First National Bank, Earle P. Perkins of Federal Reserve Bank, Robert W. Coburn of Commonwealth Trust, and Walter T. Slater of Merchants' National Bank.
New York May 11 the Chicago Rock Island Pacific Railway Company now under receivership appoints a committee to protect the equity of shareholders. The move aims to safeguard investor interests amid ongoing receivership proceedings and preserve value for owners.
The committee of Charles Hayden W Emlin Roosevelt and W J Matheson alongside F L Leland J S Alexander and A F Van Hall aims for independence from special interests. No stock deposits yet requested but may come. Van Hall’s stance marks a Reid Moore alignment over Amsterdam, with receivers reducing local staff but preserving system policy.
Spencer Trask & Co and William A Read & Co bought 4000 of May 1 1915 10 year 5 per cent gold Alberta debentures. Kuhn Loeb says 65 million Pennsylvania railroad 4 1/2 per cent gold bonds sold. Troy N Y bids due May 13 for 100000 certificates of indebtedness at 5 per cent. Beverly Mass sold 30000 4 per cent library bonds and 60000 4 per cent water bonds to E M Farnsworth & Co at 100.51. Other bidders listed. Buffalo will take bids until May 18 for 1 248 million 4 1/2 per cent bonds with serial maturities across 2 to 60 years.
A two-page spread showcases starkly different portraits that anchor the next Sunday Post. The juxtaposition highlights visual contrasts likely tied to current events, opinion pieces, or editorial photography. The feature promises provocative images and thoughtful commentary.
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