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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Sep 17, 1914
Page
14
A strong one day rebound lifted wheat 41 2 cents with coarser grains gaining as buyers returned after a recent drop. Foreign demand for oats and reduced Russian exports supported prices while traders evaluated rail rate petitions and bank condition reports amid war shocks.
Market notes show prices for No 2 white at 49 49 and a half cents, No 3 white at 47 adSec, No 4 white at 47 a 47 and a half cents, and standard at 48 a 48 e.
Boston College opened at University Heights with the largest enrollment in its history the freshman class numbering about 150 an increase of 70 over last year. preparatory department total registration 140 an increase. new athletic field at Newton ready for home games this fall. Rev Charles Lyons S J announced faculty changes including W A Devlin ethics J Quirk ethics and J A Fitzpatrick metaphysics. Henry Wennerberg named faculty director of athletics.
Thomas Kelley of 262 Hanover Street suffered a compound fracture of his right leg when the front axle of a funeral hack broke while he drove a cortege through Melrose. He was pitched from his seat and struck the curb, then rushed to Melrose Hospital.
Patrolman Edward Q. Butters of the Lagrange street station narrowly escaped serious harm after being knocked down by a car while on crossing duty at Tremont and Boylston streets. He was dragged for nearly 53 yards before bystanders intervened.
A listing of numerous steamers and schooners arriving or sailing from ports such as St Lucia New York Philadelphia Norfolk Baltimore and Providence with names including Anselme de Larrinaga Prince Arthur Cobb Arethusa and many others plus towing barges and naval collier Arethusa sailing via Portland Eastport and Newport News reflecting a busy maritime movement.
New York September 16 Financial attention was drawn today to the effect of the European war on the nations trade as shown by August import and export figures from the Department of Commerce Washington Merchandise imports for August were 29 400 000 against 137 652 000 for the same month last year Exports totaled 110 338 000 against 188 000 000 in August 1913 For eight months of the calendar year imports rose by 144 000 000 and exports fell by almost 204 000 000
Financial opinion holds progress toward normal ties with Europe despite adverse conditions. Decline in sight drafts on London. Paris bills and reichmarks traded. Local money in better supply, rates steady at 8 percent for 30 days. Banks report excess reserves in the Middle West and large emplacements of emergency currency unused. City loan installments paid. gold shipments to Canada arranged. No public loan until old holders’ take is known. Steel demand soft. September quiet in industry with halted home projects. Eastern railroads seek reopening of 5 percent rate case. Commerce Commission stance offers potential better outcome.
Fresh groundfish prices edged up yesterday amid strong demand. Eighteen vessels reported satisfactory fares with notable catches including 80,000 pounds of scrod. Swordfish declines continue as 44 were landed by the Nora Sawyer and 15 barrels of shad came in aboard the St. Joseph.
The American Smelting and Refining Company releases six months ended June 30 1914 results with comparisons to 1913 and 1912. Smelt and refine revenue totals reach 5 462 094 with other income 705 433 and expenses 1 815 562 leaving net income 4 966 692. Dividends 3 010 000 and surplus carries 10 452 635 show financial position.
Current Boston quotations show brokers loans prior to the exchange at 7 3 10 percent outside brokers loans at 8 percent. Since close of stock exchange loans quoted at 7 percent. Customers commercial loans from 6 percent upward. Commercial paper at 7 percent and up. Year money 6 percent and up. Silver in New York at .53 3 4. Mexican dollars at .5 4 6. Clearing House reports New York funds exchanges with balances and Sub Treasury debit and credit figures. New York banks posted a loss on Sub Treasury operations yesterday and a net loss since Friday totaling 1 709 01.
The report for the Nipe Bay Company covers the year ended June 30, 1914. It outlines financial results and compares parameters to prior periods, highlighting performance trends and key figures for stakeholders.
Patrick Maddox age 80 dies in Everett. Funeral from 49 Montrose Street on Saturday at 8 am with a requiem mass at Immaculate Conception Church at 9. Interment not planned at Holy Cross Cemetery. Michael J Whalen of East Boston dies at 132 Bremen Street. Funeral notices mention Williams Court 19 M C O F members to take notice.
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