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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Sep 11, 1911
Page
12
Public subscription offer of 150000 shares of underwritten treasury stock at 60 cents per share opens at 10 A M Monday. Stock allotment follows receipt of subscriptions and payments. within town postmarks by September 12 1911. Subscriptions require full payment. signed by J Thomas Reinhardt.
A letter from 38 Broad St New York describes Porcupine Southern Mining Co organized under Delaware law with 1,000,000 shares. It owns Porcupine Southern Mines Ltd and two options totaling 14 claims in Ontario Porcupine Mining Division. Underwritten treasury stock of 150,000 shares. underwriters’ commission 4 cents. Steps include listings on New York Curb, Toronto Standard, and Boston Curb exchanges.
Prices on the average touched new low records for the year with rails near 111, down from July high around 123.86. Industrials followed, showing the year's lowest level, while market activity shifted from heavy August selling to a slower decline and later renewed volume, signaling uncertain recovery prospects.
Alfred E Long & Co seeks 59000 shares from bona fide holders and buyers brokers not delivering certificates. Company heard from those who own and wish to sell. Also listing partial sale of 20000 shares by Shay & Co at 60 State Street Boston for Anti Friction Roller Bearing.
The article notes continued liquidation and bear dominance as crops deteriorate with 70 percent corn condition, poor rainfall, and low yields for spring wheat and oats. Cotton may reach 14 million bales, while labor unrest looms and tariff talks in December dampen buying, keeping money rates low and markets unsure.
Katherine Hibbard of Roxbury fainted and fell from a raft into 15 feet of water at Harvey's float near the Quincy Yacht Club. John Carey of Dorchester dived twice to locate her, hauled her to the surface, and a doctor treated her for over two hours. She recovered and returned home in Roxbury.
A busy opening to the week as seven vessels report hefty landings of haddock cod hake pollock and mackerel. The Monarch carried 6000 fresh mackerel and five barrels of salted fish while the Veda M Mackown delivered 15 000 fresh fish and 25 barrels of salted mackerel. The trawlers totaled 180 000 pounds haddock 70 000 cod 27 000 hake 29 000 pollock and 23 000 pounds cask. A Leyland line steamer Anglian returning 20 college men from Europe arrived at Hoosac docks Charlestown after a four week London stay.
The issue lists sunrise and sunset times, day length, high water, and tide rises. It also catalogs arriving ships including Bohemian Anglian Progreso Governor Cobb Chippewa James Whitney and several others with ports of origin and destinations. Sailing details cover steamers Menominee Beta Governor Dingley Massachusetts and several tugs and barges.
Ex-dividend notices apply to American Car Foundry common and preferred shares and to Central Leather preferred. Paakig common and preferred. Record date details not provided in the fragment.
The Hai Chi, a Chinese navy cruiser, anchored off New York Harbor with Rear Admiral Ching Pih Kwang aboard. After Spithead homage in Britain, she will cruise the Atlantic visiting Boston Newport Philadelphia and Annapolis before returning to Hudson River anchorage.
Contractors expect the Park Street station structural work to finish this week. Excavation is complete and the last arch will be set, then cement poured, with stairs and street entrances already walled in. Electrical wiring is in place and tile inlay underway as crews prepare to burn the platforms and clear debris. Installation of equipment by the Boston Elevated Railway Company to begin after completion.
Boston welcomes the new National Theatre on Tremont Street near Berkeley the largest in the city with a 3500 plus seating capacity. A star vaudeville program plus a 40 member minstrel company led by Hughey Dougherty Lew Benedict and others promises top tier entertainment. A grand minstrel street parade is planned for Monday noon September 18 with a band concert at 7 pm in front of the theatre.
The Rev Herbert Johnson at Warren Avenue Baptist Church denounces Beattie as a symbol of a careless era, linking infidelity to murder and warning wives against unsuitable husbands. He cites Beulah Binford as a tragic example and notes the sermon begins his 18th year at the pulpit.
James B. OConnell of Dorchester, the Democratic nominee for Suffolk County Superior Criminal Court clerk, schedules a strong rally tour in East Boston this week. He will be joined by notable figures including John P. Feeney ex Congressmen Joseph F. OConnell and Theodore Glynn, with events in Maverick Square, Central Square and Day Square.
In St Louis on September 10 the Central Trades and Labor Union demanded that Boy Scouts of America be kept out of the parade planned as Taft’s escort, threatening no music if the Scouts march. Labor opposition has grown with each step in the Scouts’ involvement.
Cor Tremont Beacon Sts Copley Square 185 Milk St Wholesale area entries show wholesale and retail addresses linked to downtown commerce.
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