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Boston Post in Boston, Massachusetts

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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Nov 03, 1909

Page

14

Is the New Haven Overcapitalized

Editor notes the New Haven Railroad faced dividend strain after a $50 million stock issue. It details Charles S. Mellen’s leadership, aims to unify New England transport, and contrasts rising capital with earnings, asserting substantial long term gains despite short term concerns.

The New Haven Charles S. Mellen Mellen New England New Haven Railroad Company Boston & Maine State of Massachusetts Maine Mr. Mellen Harriman Hill Hawley Morgan Mr. Morgan Railway Annals of America

Lowell Warehouse Trust issues 25 year gold bonds for storage building

Lowell Warehouse Trust Burgess Lang & Co offer 185000 dollars in 5 percent sinking fund gold bonds dated Oct 1 1909 due Oct 1 1934 at 101 and interest to yield 4.92 percent. Bonds secure first mortgage on property. Leased for 25 years at 15750 dollars annually to Lowell Storage Warehouse Company with William M. Lovejoy as president.

Burgess, Lang & Co Lowell Warehouse Trust Lowell Lowell Storage Warehouse Company William M. Lovejoy Quincy Market Cold Storage & Warehouse Company

September and three months railroad gross and net figures

The report shows September gross totals of 2,173,129 and 1,902,600 with a three month gross of 5,880,732 and 8,220,512. Net after tax for September and three months follows with figures around 188,005 and 112,179 then 628,288 and 448,763.

Boston Maine Railroad Opera N. C. & Tex. Pac Ieee

Retirement at Albert Frank & Co. Changes in Firm Leadership

Collin Armstrong retires from Albert Frank & Co. after decades as director and treasurer. James Rascovar becomes sole active manager, having transferred Armstrong’s interests. Rascovar, with long ties to the firm, runs NY News Bureau, Hamilton Press, and United Press Association. Armstrong resigns as vice president and director and as editor of the Wall Street Summary.

Albert Frank & Co Collin Armstrong Armstrong James Rascovar Rascovar Albert Frank Frank New York News Bureau Hamilton Press Printing Establishment United Press Association New York News Bureau Association Wall Street

Also Mentioned on This Page

Massachusetts Lowell, Mass Burgess, Lang & CO. Investment Bonds State Street Pine Street New York New York, New Haven & Hartford Railroad Company Auer Morne Gas Vas Cece Ein Massachusetts Street Railways Merchants & Miners Steamship Company Kidder, Peabody & CO Devonshire Street Letters Baring Brothers & Co., Ltd Harry H. Gay London Irving J. Sturgis R. Linzee Hall Gay & Sturgis Boston Stock Exchange Milk Street Pearl Street Post Office Houghton Calumet Mich Duluth, Minn Boston-Idaho Mining Company Treasury FL. Milliken & CO. Bankers and Brokers State St Aitchison Arizona Leavitt & Grant Broadway N. Y Consolidated Stock Exchange of New York Meerland Mansfield Cumberland-Mansfield Coal & Power Company J. Whitaker & Co Milk St Fort Hill Collins Wireless Radio Telephone United Wireless Burlingame T. T Chicago-N. Y. Air Line James Shay & CO GO State St Mass Providence Co Harry Tr Jacobs & CO Devonshire St Cumberan Mansfield Coal & Power Silver Rock Leach & CO Manchester N. H Atlantic Coast Line Georgia Southern Central New England Chicago, Burlington & Quincy Montreal Street Railway H. B American Malt Corp Charles A. Stoneham Broad Street Providence Board of Trade Compressed Ny G Power Company Compressed Air Power Co United States Canada England Germany France Belgium Ialy William H. McMasters Treas Journal Bidg Eclipse Oil George K. Willand & CO Poston Leach & Ow Manchester, N. FH Providence Coal Mining Mass. Coal & Power Jamaica Telepost Burlingame T. T. James Shay & CO Union Pacific Cobalt Mines Ltd Montreal Mining Exchange Cobalt A. F. MacLaren J. K. Paisley H. H. Short Directors Toronto Ottawa MacLaren Imperial Cheese Co Stratford Ont Continental Life Insurance Co Detroit State of Michigan D. O’connor, Jr Lumbering & Contracting Co Home Building & Loan Association FE. M. Barrett Barrett Bros the Crown Trust Co Montreal Imperial Bank of Canada Gobalt Union Pacific Company Cobalt Daily Union Pacific Cobalt Co Farah Cobalt New Herald Motreal Mining Exchange Rhode Island Providence Coal Company B. X Boston Post Frank Farm A. J. Hayman J. E. Newsom Robt Godfrey R. Loring Merrill G. C. H. Smith Fred. L. Drew W. W. French Richard J. Burton & CO Congress Square Burlingame Telegraphing Typewriter Company Oliver Building Chicago-N. Y GU State St Richard Willis & Co
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