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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Nov 24, 1913
Page
14
Brown Shipley and Co announces a special convenience office for travelers at 123 Pall Mall London in the West End region brightening access for clients and visitors.
The Boston Post outlines weekly Monday inquiries on rated and unlisted stocks and bonds of New England industrial, public utility, bank and mill firms. It requires clear name and address, limited inquiries, and answers only on listed and unlisted local securities with no market forecasts or personal endorsements.
The Securities Corporation General operates as an investment company investing capital stock in bonds and stocks of electric utilities. Management is highlighted as the key strength, with a directorate of prominent businessmen. public disclosure of holdings is limited. Consumers are advised to contact banking houses for specifics.
Blackstone Valley Gas and Electric Company declares a quarterly dividend of 2 per share on preferred capital stock to stockholders of record November 24. Connecticut Power Company declares a quarterly dividend of 1.50 per share on preferred capital stock to stockholders of record November 24. Stone & Webster, transfer agents.
The article analyzes recent price behavior and suggests prices may dip further as money tightness persists. It notes bear and bull efforts to drive the market, warns against rumor driven declines, and cites money supply as the decisive factor. With potential monetary improvement next year, prices could rise once liquidity returns.
The column analyzes Union Bag and Paper Co finances noting a weak recent year with profits of 554000 and a 7 percent cumulative preferred share unpaid. It doubts bond safety, cites $3777000 outstanding bonds, depreciation and sinking fund absorption, and calls for more secure investments. It also references a reader asking for past Northern Pacific coverage and summarizes that article’s findings on earnings, capitalization, and road position.
Calendar for today lists dividend dates and book close details for several firms. Amer. Sm. & Ref. pays on record date. Solar Refining and Un. Cig. Mfg. show payout and book open dates. Amalgamated Copper and Parrot Gold provide payable amounts and record considerations.
The report notes funded debt interest fell about 1 percent while overall debt and assets grew. Over ten years capital assets rose by 169 million dollars, capital liabilities by 101 million, and profit and loss surplus by 74 million, totaling 83.78 million in 1913 versus 9.70 million in 1903.
The United States Worsted Company appears in a very muddled condition after its reorganizing period. It currently pays no dividends and must raise new capital. A receiver may be needed to revise capitalization as two committees seek reorganization plans, neither gaining sufficient stockholder approval.
King's Chapel hosts daily speakers this week including Rev Alfred Manchester Rev Charles F P Russell Rev George Batchelder and Rev H C MacDougall. Thursday features a union service with Rev Sydney G Snow. Y M C A follows with Rev James A Francis B D delivering an address. An all day prayer meeting is planned at First Baptist Church Cam-
A Sunday notice lists select first mortgage and refunding gold bonds from Atchison Railway Light & Power, Boston Real Estate Trust, Chattanooga Railway & Light, Consumers’ Power, Texas Power & Light, and Western States Gas & Electric. Each security shows denominations, maturities, redemption provisions, mortgage security, earnings coverage, and prices with yields ranging around 5 percent.
Sylvia Pankhurst launches a rent strike campaign in London's East End urging nonpayment of rents. She claims a people’s army of up to 400 volunteers, including both sexes, and notes police caution toward the group nicknamed Sylvia’s East End Army. Incendiary suffrage outrages also reported in Bristol and Blackburn.
They plan a citywide rent strike once ready, refusing arrears until the vote. Landlords would best hasten the end. Brokers’ men pose little risk to thousands of strikers. If Poor Law is refused, many may enter workhouses. After the meeting Sylvia remains at liberty despite her Cat and Mouse license expiring four weeks ago.
Friday schedule lists Rev J J Campbell leading a 12 hour sermon marathon beginning 9 a m with hourly leaders. Mrs A J George speaks on woman suffrage at Pilgrim Hall. Boston Congregational Club hosts a dinner with Senator Burton ex Governor Long and Samuel Hilder. Bishop Lawrence reception tickets available from parish rectors. Various church leaders headline Advent services across Trinity Church Weslayan Hall Channing Hall and Chipman Hall.
The U S submarine torpedo boat G-4 conducted a preliminary trial in Delaware Bay. It achieved 14 knots above water and 14 knots below the surface and completed the 200 foot test successfully.
Mrs S Arthur Strong assistant director of the British School of Archaeology in Rome lectures at the Boston Public Library this afternoon at 5 as Norton Memorial lecturer. The talk titled Art and Empire will be illustrated with stereopticon and is open to the public.
Paderewski interpreted Liszt’s Sixth Hungarian Rhapsody in an incomparable manner yesterday afternoon at Symphony Hall. An audience crowded to capacity, with 200 seated on the stage, cheered him to the echo at the close of the program. The concert recalled Paderewski’s early triumphs in America.
A large crowd including many workers and gentlemen attended Paderewski’s piano recital. The review notes balanced reception, praising his Beethoven and Schumann standards, while criticizing his Liszt St. Liebestraum outing as showy and overblown yet lauding the Chopin nocturne and polonaise. Encores drew intense genuine enthusiasm.
The Interstate Commerce Commission begins a hearing today on proposed freight rate increases of about five percent filed October 1 by railroads in the territory east of the Mississippi and north of the Ohio and Potomac Rivers. The proceeding may extend several months and could set a precedent for similar increases by other carriers.
Warm weather drew many canoeing enthusiasts to the Charles River where paddlers, wrapped in sweaters, enjoyed a pleasant outing yesterday.
Governor Foss criticizes the state jail system, saying 10 000 of 27 000 yearly sentences stem from poverty. He urges probation before jail, prison labor reforms, and an end to machine politics around contracts while stressing humane, productive justice.
Publishers of Everybody's Cyclopedia offer a compact five volume set designed for easy use and quick reference. The National Newspaper Syndicate and Liggett drug stores coordinate free distribution in Greater Boston and nearby cities, with annual updates via a modern card index system.
State Treasurer-elect Frederick W. Mansfield will be honored with a banquet by trades unionists and friends at the Elk's Home next Tuesday evening. A parade in East Boston precedes the event, with more than 10 men and 100 autos expected in line. Union members, a Ninth Regiment detail, East Boston High School youths, and members of other clubs and organizations will participate.
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