Boston Banks Cut Interest Rates In War Economy
Boston banks reduced brokers loans from six and a half to six per cent while commercial loans stay at six per cent and up. Outside paper remains seven per cent, with some odd lots at six and a half. The easing follows a shrinking New York deficit as country banks release hoarded reserves amid slower industrial demand. Analysts warn against reopening stock exchanges too quickly, citing wartime shocks and potential bank policy shifts. The Boston Curb Exchange reopened with strong volume, led by Mexican Metals and United Verde, as grain futures rose in Chicago and copper mining shares lagged behind.
MENTIONED IN THIS ARTICLE
Boston
Stock Exchanges
New York Clearing House
Svare
J. P. Morgan
Exchange
United States
Stock Exchange
Witter
Union Pacific
Boston Baker
Boston Stock Exchange
Boston Curb Exchange
Charles Phelan
The
Curb
Post
Bay State
Arthur J
Carnahan
Lake Superior
West
Colorado
Minnesota
Michigan
Hanks
Federal Reserve System
Dividend Declarations From Multiple Firms Across Stocks
Several companies announce quarterly and special dividends with payable dates in November and October. American Soda Fountain declares 1 to 2 percent waterily on common and full shares. Burns Brothers issues 13.4 percent on preferred and 11.25 percent on common. West St. Louis & Suburban pays 1.25 percent on preferred. Lewiston Augusta & Waterville Railway 1.25 percent on preferred. Ludlow Manufacturing Associates 1.5 percent. New York and Honduras Rosario Mining Company 3 percent. Parrot Silver and Copper Company 15 cents per share. Navy Pacific Coast Company 11.25 percent on first preferred and 1 percent on second preferred and common. Books close dates vary from Oct 14 to Oct 24 with record dates through Oct 19 and Nov 2.
MENTIONED IN THIS ARTICLE
American Soda Fountain Company
Burns Brothers
West St. Louis & Suburban Company
Lewiston
Augusta & Waterville
Raihway Company
Recordet
Ludlow Manufacturing Associates
New York and Honduras
Rosario Mining Company
Parrot Silver and Copper Company
Navy
Pacific Coast Company
Local Clearing House Cancels Over Two Million in Certificates
Report shows more than 2,000,000 in clearing house certificates cancelled in recent days. One large local bank accounted for 1,500,000 of the total with the remainder from other institutions.
American Soda Fountain declares dividend on full shares
Directors of the American Soda Fountain Company vote a quarterly dividend of 11 2 per cent payable November 16 to holders of full shares only. No dividends on scrip certificates. Balance sheet shows assets of 1,298,843 with totals in the liabilities and capital sections including 1,028,000 in capital and 227,211 in sales.
MENTIONED IN THIS ARTICLE
American Soda Fountain Company
Wast Sohn
Sarah
Lehusee Sane
Greece
United Verde Extension Annual Report Released
Stockholders receive the annual report showing finances as of Oct 1 1913 with receipts of 118 423 and disbursements of 109 851. Cash on hand Oct 1 1914 is 5 621 and new stock offerings priced at 1 per share allow each holder to subscribe to 5 percent of holdings, underwritten by J S Douglas and G E Tener.
MENTIONED IN THIS ARTICLE
United Verde Extension
J. S. Douglas Setocuhone
Scions
Sera Ay
Desna
Saace Eave
Akeah Asn
Ae Legui
Jerome Verde Cop
Mercemonme
J. S. Douglas
G. E. Tener
Grain Markets And Wheat Prices In Outside Markets
Wheat prices listed include No 2 red at about 1.08 per bushel with minor changes, No 3 red near 1.00, No 2 hard winter around 1.02 to 1.06, and Nos 4 hard winter and spring near 1.02 to 1.06. Corn quotes show No 2 yellow near 0.74 and other No 4 and No 8 white values around 0.72 to 0.76. Outs No 2 white and No 3 white quoted with small fractions, standard 46 Ward.
Money markets and Boston quotations October 14
Current Boston quotations show brokers loans at 6 percent and up, outside brokers loans at or above 5 percent, customers loans since close at 6 percent and up, commercial and year money 6 percent and up. Commercial paper at 7 percent, New York funds and exchanges listed, sub treasuries and bank gains noted with figures for yesterday and since Friday.
MENTIONED IN THIS ARTICLE
Boston
Stock Exchange
Wstomers
New York
Mark Wass
Wiesy Cme
Sub-treasury Credit
Wee
Tiguahwors Sienerdy
Angie Paws
Eforret
Onc Cds
Une
New York Banka
Treasury
Tingling Dangers of War Captivate Readers in Sun Day Post
A fragment notes a Sunday Post feature promising thrilling pictures and wartime danger to thrill the reader. The readable lines suggest a full-page spread devoted to dramatic war imagery and sensational visuals.
MENTIONED IN THIS ARTICLE
Next Sunday Post
Springfield Bonds Sold to Boston Bankers
Springfield Massachusetts sold to N W Harris & Co an issue of 1 million dollars in serial bonds. The issue includes 800000 41 28 and 200000 4s dated November 1 1914 with maturities from 1915 to 1954. Average maturity 12 4 years. The sale signals renewed bond market confidence and the 41 2s and 4s carry various yields from 4 15 to 4 20 percent depending on maturity.
MENTIONED IN THIS ARTICLE
Springfield
Mass
N. W. Harris & Co
High School of Commerce
Fulton Street
Stock Exchange
Quoted New York Guaranteed Stocks on Current Yields
The New York Stock Exchange reports current income yields for guaranteed securities. Listings include Albany & Susquehanna Railway, Allegheny & West Railway, American Telephone & Cable, Beech Creek Railroad, Canada Southern Railway, Central & South American Telegraph, and many others with yields ranging from 4 to 20 percent.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Exchange Clearing House Committee
Albany & Susy R R
del & Hudson
Allegheny & West Ry
Tel & Cable Co
West Way
Vawar
Beech Creek RR
C & Hene
Canada
Canada Southern R R (Mid Cent). Ie Central & South Am Tel Co
Sandy & Cleyv Ry
CC L&s B
Cley & Vitts R R
Pennsylvania
Cley & Pitts R
Bet Stk
Det Hills &Swrr
Ls&ms
Brie& Pitts Hor Paiva Eceta Anias
Gold & Stock Tel Co
West Union
Illinois Cent R
Special
Pittsburg
McKeesper & Yough‘ogheny
Joliet
Chic R R Co
Chic & Alton
Kansas City
Fort Scott
Memphis
St Louis San Fran
Lake’ Shore
Michigan Southern
Mahoning Coal R R Co
LS & M
Michigan Central
Long Island
New York
Chicago
St. Louis
Lackawanna & Western
Chaceline
Mikeinnes
Kate
Northwestern Telegraph Co
West UN
Fort Wayne
Youngstown
Ashtabula
Renosselaer & Saratoga RR
D & BH
Mobile
Birmingham
New York & Harlem
Sixth Avenue
R R Co
Metropolitan
Parrot Silver declares usual dividend of 15 cents
Directors of the Parrot Silver and Copper Company have declared the usual dividend of 15 cents a share, payable Nov. 30. The company is controlled by the Anaconda Copper Mining Company.
MENTIONED IN THIS ARTICLE
Parrot Silver. CO
Parrot Silver and Copper Company
Anaconda Copper Mining Company
Pullman Company year end figures for 1914 and 1913
The Pullman Company reports for the year ended July 31 1914 and 1913 showing gross 44725514 and 42860891 net 21307403 and 19870206 depreciation other expenses 10552545 8729098 surplus for living 10844918 11141108 dividends 9599585 9599506 surplus after dividends 1245353 1541602
MENTIONED IN THIS ARTICLE
Pullman Company
Ross
Financial Notes and Market Movements Oct Reports
Emergency currency up to Oct ten stood at 351,687,590 dollars while London money markets remained unchanged. Stock loans renew at 434 to 5 percent with business slack and easy tone. Canadian Pacific quoted at 167. Illinois Central seeks NYSE listing for 2 million refunding bonds due 1955 and 15 million joint refunding bonds series A, plus 1 million series B for Illinois Central and Chicago, St. Louis & New Orleans. W E Schwab named director of Nashville, Chattanooga & St. Louis to succeed Henry Evans. Erie stockholders meeting postponed to Oct 20. Stewart Mining September net earnings 75,000, down from Aug and July due to lower silver and lead prices. Boston Elevated director P Hall resigns ahead of liquidation appointment. Boston & Maine stockholders annual meeting adjourned to Oct 28. Census Bureau notes September cotton consumption 415,194 bales, with on-hand stock and manufacturing and warehouse totals provided for Sept 20 and Aug 31 1914.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Canadian Pacific
New York Stock Exchange
Illinois Central Railroad Company
Illinois Central Railroad
Chicago, St. Louis & New Orleans Railroad Company
Census Bureau
Washington
Ginger Pop Cartoon Sparks Realism Jibe
Ginger Pop is cited for its strong realism joke as the strip hints at satirical critique. The Sunday Post teases a forthcoming cartoon that may push boundaries with its blunt humor and social commentary.
MENTIONED IN THIS ARTICLE
Ginger Pop
Next
Sunday Post
Demand for City Notes on Street in New York
Wall Street recovered from abroad news as the committee supervising unlisted bonds and stocks reported a diminished offerings and steadier demand for the new city notes and state issues. In contrast, prices in the unorganized market for listed stocks showed a sagging tendency.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Curb market reopens with war boosted shares and gold pool
A semblance of former district activity returned as the curb market reopened and traded moderately in low priced specialties. Shares of several industrials benefited by the war. A formal $100,000,000 gold pool boosted foreign exchange, while cable and sight draft rates moved up slightly and bills on London remained scarce.
MENTIONED IN THIS ARTICLE
London
Steamers to Liverpool Deplete Market and Gold Flow to Ottawa
Today’s steamer for Liverpool depleted the market temporarily while more gold heads to Ottawa. The gold pool is expected to reach the 25 percent subscription in days as exports. Copper sales near recent lows and steel demand weakens with railroads retrenching. Mercantile paper hits 6 percent as cash ease rises. time loans vanish due to few borrowers.
MENTIONED IN THIS ARTICLE
Ottawa
Amalgamated
Mercantile
Dorchester Man Arrested After Revolver Incident at Sister’s Home
Dorchester police say Edward J. Fallon, 44, of 42 Woodrow Avenue, Dorchester, called on his sister, brandished a revolver, and threatened to blow her head off. Fallon was arrested and arraigned in Dorchester court. Judge Churchill found probable cause and ordered $1000 bail for the grand jury. He was fined $5 for drunkenness.
MENTIONED IN THIS ARTICLE
Dorchester
Edward J. Fallon
Woodrow Avenue
Nordica Will Contest Halts Monmouth Probate Case
George W. Young husband of Madame Lillian Nordica, the opera star, wins a temporary restraining order in Freehold to prevent probate of his wife’s New Jersey will. A vice-chancellor orders show cause on Oct 27 why permanent restraint should not be issued. The case centers on a 1910 document opposed by the later 1919 New York will.
MENTIONED IN THIS ARTICLE
Newark
N. J
George W. Young
Lillian Nordica
Batavia
Java
Monmouth County
Young
New York City
Howell
Robert S. Baldwin
Madame Nordica
New York
Freehold
Mr. Young
Trail of Autoist Who Ran Down Cripple Near Colum Bus Ave
Police at East Dedham street station have found a crew likely to identify the chauffeur who struck Theodore J. McNally, 36, a cripple in a wheelchair in front of 256 Colum bus avenue Sunday night. The chair was badly damaged and McNally was thrown. he escaped with a few bruises.
MENTIONED IN THIS ARTICLE
Dedham Street
Theodore J. McNally
Columbus Avenue
McNally
Substitute for War Abolish War Through Cultivation and Channel
The text argues that an adequate substitute for war must be provided and achieved by cultivating a path and giving an outlet to the ancient appeal of war. It emphasizes redirecting warlike impulses into constructive channels and governance.
Substitute the Can and Learn Expression Guide
A compact note explains how to replace the phrase can and learn with clearer alternatives. It outlines steps to substitute verbs for clarity, avoiding awkward constructions and improving readability in writing and editing tasks.
Pick Site for New School in Quincy
The Quincy school committee yesterday announced that the Swithin lot on Bigelow Park in Ward 2 had been chosen as the site for a new schoolhouse. A report will be submitted to the finance committee.
MENTIONED IN THIS ARTICLE
Quincy School Committee
Swithin
Bigelow Park
Ward 2
Finance Committee
AT&T Nine Months Earnings 1914 vs 1913 Figures
The American Telephone and Telegraph Company reports nine months ended Sept 30 earnings. Net earnings total 30,490,480 with 5,706,357 interest deductions and a balance of 24,248,867. Bell System for eight months ended Aug 31 shows net earnings 38,903,054 and a balance of 26,356,815 after depreciation and expenses.
MENTIONED IN THIS ARTICLE
American Telephone & Telegraph Company
Fulponhas Sethe Sa
Seuss
Crinses Cae Siceuca
The Charge at Austerlitz color page drawing
A great color page drawing titled The Charge at Austerlitz appears in the next Sunday Post as part of a series of stirring war pictures. It highlights dramatic battle action and commemorates a historic clash.
MENTIONED IN THIS ARTICLE
Austerlitz
Also Mentioned on This Page
City of
Assachusetts
N. W. Harris & Company
Federal Street
Boston Curb
United Verde
United Verde Extension Issues
Ian
Jan Setae
Steee
Ikansas City
Toledo Seas
Detroit
Money Markets
Bay State Gas
Bingham Mines
Tutte & Loudon
Calaveras
Crown Reserve
Davis Daly de Aren
Fagle & Bluebell
Goldfield Consol
ROC United Verde
Halsey & Co., Inc
Congress St
Philadelphia
N. Y
Pullman Report
Financial News Notes
W. E. Schwab
Nashville, Chattanooga & St. Louis Railway Company
Henry Evans
Erie
Co. P. Hall
Boston Elevated
Boston & Maine
New Haven
Liverpool
Boston Opera House
Allied Arts Association
Lessees - McDonald
Mana
Boston Opera CO
Alph Lyford, Mu
Columbia Phonograph Co
Tremont Street
Ene
Ee Sc
Mason & Hamlin
In. Harris
Lessees & Mears
le Flay
Dace Eee
Ziegfeld
B.F. Keith
LA Petite Adelaide
J. J. Hughes
America
B. A. Rolfe
Andy Tombes
Claire Rochester
Chas. Mack & Co
Webb & Burns
Emma Stephens
Muller
Stanley Crouch
Welch
Pathe Weekly
Ubert
Marinee Tomorrow
Hollis
Frances Starr
Henri Bernstein
Castle SQ. Mat
CRAIG
UPA
Breeze
Cottrelly
Wainwright
Tremont
A. H. Woods
Saga
Ireland
Erin
Old Land National
Plymout
Couan & Harris
Hayton
Burlesque
Boylston
the College Girls
Scollay
Olympia A.M
Loew’s New Globe
Old Globe Theatre
Wash
Inez McCauley
Viola du Val
Oscar Lorraine
Lawton
Sual Loew
Howard
Harry Levan
Rwe
Pemberton
Namtasket
Orpheum
Globe
Theatre de
Ie Ieee
Nordica
Joseph Lee
National Playgrounds’ Association
Lincoln House
Grand Opera House
Crackerjack Butler
George Tuohey
Harry Cooper
Dover
Washington Sts
L Station
Oxford
Quincy
Revere House
Scollay Sq
Quincy Adams Sawyer
Cupid
Quincy Adams
Mabel Fonda
Bowdoin
Theatre of Laughter
Barber OF Seville
Ardini
Sapra
di Crescenzo
Picco
Corrudini
Giullani
di Blasi
Rigoletto
Javelleria & I Pagliacci Ballo
Maschera
Rigoletto la Boheme
Priess
Wilbur
Havana
Sc Senan
Tomas
Boston ‘Science Rooe
Emma Hanko
Oey OS
Sout Shanon
Rivadavia
Boylston Street
Public Garden
Tremont Temple
Gabrielle D’annunzio
Cabiria
Boston Symphony Orchestra
Karl Muck
Symphony Hall
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