Bond market records new high for Wabash 4s
United States Government bonds reported total sales of 2,739,000 dollars today, compared with 2,163,000 dollars on Saturday and 2,559,000 dollars last week. Year ago sales stood at 2,019,000 dollars.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
May 14, 1912
Page
15
United States Government bonds reported total sales of 2,739,000 dollars today, compared with 2,163,000 dollars on Saturday and 2,559,000 dollars last week. Year ago sales stood at 2,019,000 dollars.
Wheat options eased slightly as Chicago May contracts hit new highs at open. Weather and state reports influenced selling in hard and soft winter wheats while Northwestern markets faced pressure at Minneapolis. Prices for No 2 red to No 4 spring varied. corn and oats ranges listed. The article also covers antitrust testimony on the American Tinplate Company and its link to U S Steel, with Reid testifying about consolidation and pricing tactics amid competition and tariff effects on tinplate imports.
George A. Ferris faces perjury charges in Middlesex county after an indictment linked to a grand jury investigation into county officials. This marks the first time a criminal case in the Commonwealth is tried outside the alleged place of the offense.
Grand jury returned no bill while Ferris testified a jail keeper provided railroad tickets to his family at county expense. Indictment for perjury followed as Judge Mc Laughlin ordered trial in Suffolk county, citing Crocker precedent granting judges discretion to transfer venues.
Daniel J. Reid, rail financier and former tinplate king, testified at the government suit to dissolve United States Steel Corp. He admitted limited memory on the formation of the American Tin Plate Company, drawing a sharp reaction from Judge Jacob M. Dickinson during questioning.
Former federal meat inspector J W Burroughs told the Moss investigating committee of unsanitary conditions in Philadelphia and Cumberland packing plants. He said Philadelphia firms barred access to the sweet pickle and dried beef rooms and cited worms in lard and bad meat in scrapple. He also said Swift & Co in Cumberland used impure water contrary to health board rulings.
Judge Anderson denied Mrs. Alice Norton of Cambridge Mass a temporary injunction blocking the consolidation of Union Traction Company of Indiana and Indiana Union Traction Company. Stockholders had voted for consolidation. directors authorized officers to sign. only signing and filing with the Secretary of State remain before operation as Consolidated Union Traction Company of Indiana.
Books close for Bethlehem Steel Corp special dividend. Meetings scheduled for Inter. Smelt. and Ref. on div and meeting dates. Delaware Hudson Co. and Kansas City Southern also listed with upcoming calendar actions.
Underwood Typewriter Co announces quarterly dividends of 1 percent common stock to be recorded June 20 and 13 4 percent preferred stock to be recorded June 20. American Railways Co declares 11 3 percent quarterly to be recorded May 31. Books do not close.
The German cruiser Moltke leaves by way of the Cattegat and Skagerrack for Cape Henry after last June's port visit by the U S Atlantic fleet. Bremen and Stettin accompany, with Bremen set to sail May 15 from Narragansett Bay to Hampton Roads to join the group before returning to Newport later in summer.
New York’s Tom Kennedy outboxed Boston’s Andy Morris over ten rounds in Albany. Morris endured a brutal bout, being badly battered as the bell saved him in the eighth round.
More than 800 members of Central Congregational Church Jamaica Plain witnessed the ordination of Edward Warren Capen Ph D son of Samuel B Capen president of the American Board of Foreign Missions The exercises were led by Rev Chauncey J Hawkins with many clergymen and lay leaders from Greater Boston and Newton Divinity School in attendance.
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