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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Nov 12, 1917
Page
12
A Boston Post financial column invites inquiries each Monday on listed and unlisted New England stocks and bonds. It will answer impartially using trustworthy data but does not guarantee accuracy or predict market prices. Inquiries require full name and street address for attention.
The rumor of a 6 percent dividend for American Telephone is not believed to be true by informed investors. The stock’s decline is tied to market selling, with earnings steadily rising and dividends safely earned. National Conduit & Cable Co shows $4 annual dividends with rising earnings post consolidation. Italian investments face uncertainty if Italy is invaded, but complete wealth destruction is unlikely. Missouri Pacific appears financially stronger than New Haven, though both seek to adjust debt via preferred stock and reorganizations.
The Utah Metal and Tunnel Company announces a 80 cent per share dividend payable December 10 to shareholders of record November 30. Transfer books close November 30 and reopen December 11. KE Rothwell, president.
Charles W Whitehair of the War Work Council describes Y M C A relief work in France and Egypt. He says two large Alps hotels serve as retreats for troops on leave to recuperate away from Paris temptations. He recalls solemn scenes at relief stations and the bond of farewell.
A Petrograd Workers and Soldiers Congress resolution urges all belligerents to begin negotiations for a democratic and equitable peace. It demands immediate talks without annexations or indemnities, and says governments should implement terms through plenipotentiaries of all nations.
Violinist Mischa Elman performed a varied program at Symphony Hall yesterday afternoon with Mr. Gordon on piano. The review cites his rich tone and expressive depth in works by Vivaldi Nachez Lalo Handel Elman Albeniz Chopin Wilhelmj Brahms Joachim and Paganini and notes encore recalls by an eager audience.
Market review notes continued liquidation with prices at new lows not seen since 1900. A weekend bounce offers uncertain bottom timing, with potential for a gradual recovery and higher values over the long term. It cites railroad stock weakness, shifts in capital returns, wartime demand, and potential railroad rate increases as factors shaping a cautious, persistent bear-to-bull transition.
Mrs. Lucy M. Cox files a $10,000 alienation suit in Middlesex Superior Court against Mrs. Christine D. Ross, both Malden residents and wives of prominent local businessmen. The estrangement stems from a friendship that soured amid recent separations and business ties. The case is set for January alongside Investment Bankers' Association activities and a Western bankers convention discussing war finance.
Hundreds of bankers from across the country gather for the annual convention in Baltimore. Delegations arrive from Chicago, other Western cities, New York, and the East to discuss rate setting and financial policies.
Ottawa, Nov 11 Sir Robert Borden issued a second manifesto urging Canadians to back the new administration. He defends the military service act, insisting it is democratic and affects both rich and poor as the country prepares for his campaign launch in Halifax.
The Rev. Charles L. Page, assistant pastor of Dudley Street Baptist Church for 29 years, resigned yesterday to take effect Dec 1. He will become executive secretary of Colby Academy in New London New Hampshire, where he is a graduate. Page founded the Page class with about 400 members, a leading Sunday school group in Boston.
An explosion in a manhole of the Eidson Electric Light Company near North Station at Beverly and Traverse Streets at 10 30 last night hurled the iron cover 50 feet, tore a large crater in the road, and shattered a Police signal box.
Cre atore in Concert conducted the Giuseppe Creatore Grand Opera Company in a Boston Opera House matinee yesterday. The program featured Mozart The Magic Flute overture and arias, Bonc allegria Rusticana intermezzo, Mascagni National Hymn Our America, Rossini Stabat Mater, with soloists Adele Barret Edith Alvord Ralph Errole Alfredo Kaufmann and Augusta C Stetson. The performance earned praise for instrumental and Rossini numbers with Vicarino’s Pearl of Brazil aria noted for grace. The audience reacted with evident enthusiasm.
Evils demoralizing soldiers and social life prompt a police and church drive at Camp Devens Ayer. Arrests follow raids on dancers and a Round Street residence, with trials upcoming in East Cambridge Superior Court.
The Rev. Herbert S. Johnson at Warren Avenue Baptist Church lauded Martin Lomasney as a noble political figure guiding Boston toward clean politics. He contrasted Lomasney with other politicians, praised his integrity, and noted his stand on the sectarian amendment as brave and principled.
A woman describes fleeing Shepetovka during an invasion with 85 people, surviving nine days to Kiev on sparse rations. She traveled through Russia to Harbin, Kobe, China, Seattle, and Worcester, finally reuniting with relatives at 18 North Russell Street after returning to Boston.
Pasquale Panagalla, 35, of 88 Washington Street Revere, and Alphonso Aiolova were involved in a confrontation on a street near Panagalla's home. Panagalla was hospitalized in critical condition and AIolova was arrested after police found a loaded revolver on him.
President Wilson will issue a proclamation placing all bakeries under government license on December 10 and subjecting them to food administration rules. The move aims to standardize ingredients and loaf weights, with prices not fixed but expected to fall to seven or eight cents per pound through competition and distribution simplification.
A wooden tablet commemorating 55 Weston men who joined the colony was unveiled in Weston town square facing the Public Library. Mrs. Marion R. Case of Hillquist Farm donated the tablet and Alfred L. Cutting of the Selectmen accepted it for the town.
Daniel A Casey longtime Dorchester resident died at his home 61 Mt Idaroad after a long Boston career in the schoolhouse department and in the State House extension commission His wife mother three sisters and five brothers survive including John M Casey Boston mayoral licenses commissioner
John B. Lawrence died in Milton on Nov 11 and was a resident of 41 Pleasant Street. He was a longtime member of Bishop Cheverus Assembly and the Knights of Columbus. Funeral arrangements will be announced later.
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