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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
May 29, 1918
Page
14
Westinghouse Electric reports unfilled orders of 147.9 million, up from 39.8 million a year earlier, suggesting capacity through 1920. The firm emerged from receivership in 1908, rebuilt its finances, expanded common stock, and plans to boost earnings above 100 million this year.
Tremont Trust Co declares a 6 percent dividend for stockholders of record May 15. The payment date is June 1 for the quarter ending June 1. President Simon Swig notes deposits rise in savings and checking amid war subscriptions and other demands.
Report of stock market activity with irregular totals for New York and Boston. Highlights include most active issues Steel and Mass Elec pref in respective cities, and notable gains and losses in Am Smelters pref Calumet & Hecla St Marys, with year to date and prior year comparisons.
New York stock market report lists high, low and closing quotations for today May 28 with net changes from the previous close. Data shows price movements across several major stocks and indices, reflecting daily trading activity in the New York market.
Active yet unstable market sees rails rise pressure on industrials while government tax plans weigh on war shares. Pre noon selling hits steels and speculative issues. Sumatra Tobacco drops nearly 11 points before late rally. 950000 shares traded as money market tightens ahead of Liberty loan payments. bonds ease and U S old 2s and 4s rise on call.
The Boston market shows mixed results with gains for Elevated and Massachusetts Electric while New Haven stock leads activity on weak markets. Rumors of a government backed merger with Pennsylvania and St Paul circulate, boosting New Haven to a yearly high as a powerful pool accumulates shares.
Current prices show broker customers loans at 54 to 6 per cent and outside brokers call loans at 514 to 6 per cent. Customers commercial loans at 6 per cent while collateral loans and commercial paper pace at 6 per cent. Year money at 6 per cent with silver prices noted as 0.9914 in New York and 0.7454 in bar. Rediscounts of commercial paper include 15 days or less to run with collateral notes secured by member banks and United States certificates for indebtedness or Liberty Loan bonds. Trade acceptances up to 90 days.
In the foreign exchange market today guilders were firmer and lire were easier. Afternoon rates show actual business between bankers with Sterling-Cables at 4.767-16 and 4.7514 for demand, francs at 5.70, guilders 4934, Swiss francs 4.05, lire 9.15, pesetas 284 and Argentine pesos 97.20.
The note presents a promotional line urging use of funds with a promise of freedom to withdraw at will. It emphasizes ease of trial and no long-term commitment, suggesting a risk-free opportunity to test money usage. It lacks context about provider, terms, or consequences.
A promotional text urges temporary use of funds to pay taxes and buy goods, promising cash from dormant accounts receivable. It touts no loan, no interest, and a 0.5 to 1 percent daily charge on purchased face values, plus a $5 per $1,000 fee on the first hundred thousand within a year.
Bishop Lawrence will preach at the Cathedral Church of St. Paul in a special service tomorrow at 9 30. Representatives of the State city and army and navy will attend with allied flags in the procession. The service ends at 10 15.
The Anti-Suffragists of Massachusetts through the Public Interests League at its annual meeting condemned the American Unitarian Association for endorsing the suffrage movement. They unanimously adopted a resolution repudiating the May 21 resolution sent to Congress urging passage of the federal suffrage amendment.
Maritime notices report six trips of fresh groundfish with ex vessel prices for haddock cod pollock hake and halibut. Vessel earns and crew changes noted amid fog delays and ongoing seamen wage relief easing shortages along the coast.
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