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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Sep 22, 1917
Page
10
The government sets copper at 231 1 2 cents, boosting hopes for steady profits despite lower than peak wartime prices. Market activity shows copper and silver benefiting, with Liberty bonds trading above par and investors eyeing future 4 percent issues.
Copper shares rose after a 2312 cent price was agreed, lifting early trading 1 to 2 points before a late rally. Copper and Smelting led gains, steel shares were strong while some industrials lagged. Liberty bonds sold at a premium. total sales 5.55 million par value. U S bonds unchanged.
Sept 21 market notes show brokers loans at 6 percent and customer loans at 11 to 6 percent. Year money at 5 percent. Silver bar price 6814 in New York. Sterling demand eased and roubles firmer with afternoon rates: sterling 4.76 7 16, demand 4.75 45, francs 5.79, guilders 42, lire 7.72, roubles 17 14.
The sugar market advances while steel and copper edges rise and American Smelters shows strength. Local market activity remains firm as diverse commodities post modest gains across the board. BESFiet
Summary of yesterday's market activity shows total New York sales at 660 200 and Boston 19 640 shares. The most active New York issue was Steel at 227 900 shares with U S Smelting leading Boston at 2 903 shares.
The local copper list stayed steady after the 231 and a half cent government price. Gains were seen in American Agricultural Chemical and United States Smelting, with Lake Copper advancing as light trading dominated. Weakness appeared in zinc stocks, while Butte & Superior faced pressure over potential earnings distribution amid a damage suit, and West End common hit a new low on a heavy transport list. Liberty Bonds traded heavily at par, generally lagging the New York market.
An explosion in nitrate sacks aboard the Seiyo Maru at Iquique Chile killed two and wounded ten. Four more bombs were found after the blast. Crew members suspect a German agent and report the incident upon the ship’s arrival.
Cable advices received in this city yesterday gave the first intimation of the torpedoing of the British steamship Vienna by a German submarine more than a week ago. The steamer was bound from Brest France for New York carrying a general cargo.
Attleboro report shows John Lenard Hogbarg arrested after ignoring draft notification to appear at Ayer. He is held as a deserter, the first such arrest in New England. His fiancée Miss Josephine Jackson pleaded and cried outside the cell, force needed to remove her from the doorway.
Washington Sept 21 The Shipping Board steps toward tighter control of ocean shipping and rates appointing Welding fig iNew 10th CApurLer as chair of the new chartering board. Other members are tentatively chosen and to be announced as Commissioners Stevens and Donald return from New York.
The Massachusetts Public Service Commission held that the New England Telephone and Telegraph Company was not justified in refusing to accept applications for telephone service and facilities, a memo made public yesterday.
The commission found the management letter and press notices implied a government and material shortage pressure behind a new service denial policy, though President Spaulding argued shortages were not present. It noted Western Electric controls supplies, criticized the lone policy, and urged a national, central authority to guide such actions.
Colonel John S. Dennis of the British Imperial Recruiting Commission urged Canadians and Britishers in New England to enlist or face forced service. He warned those who stay home will be outcasts with no country to return to and that no place will accept them. He spoke as U S enters the war and predicted the final battle after 1,000,000 troops cross the ocean.
Dispatches from Berlin report Germania, the leading organ of the Catholic Centre, has been suppressed until further notice. The paper stood between the annexationist Cologne Volks Zeitung and the Erzberger school, wielding strong influence as the censor action appears decidedly daring.
London reported on September 21 that a British war office announcement confirmed an explosion at an Irish munitions factory. Nine people were killed in the blast.
Atlantic port dispatch says the American steamer Susana, earlier reported sunk by a German submarine in the Mediterranean, has reached a foreign port safely after cable advices received by agents.
Leonard, world lightweight champion, defeated Leo Johnson in the first round at 1 minute 19 seconds. Johnson’s corner threw in the sponge as Leonard delivered an unmerciful beating. Weights: Leonard 133, Johnson 10.
The President and cabinet authorize a trial division of 24 000 Chinese soldiers for France if funding equipment and ships are available. The Entente powers have approved the plan and France is eager to receive the contingent.
The Premier supports sending 300000 troops with provincial backing if Canton approves. Chinese soldiers are seen as a second line force in France until training improves. President Feng Kwo Chang congratulates President Poincare on Verdun, and Chinese media praise France urging military aid.
The New York New Haven Hartford Railroad will end indiscriminate loading of less than carload freight at all hours starting October 1. Regularized shipping days and car schedules will fit freight volume, with daily to weekly cars, reducing weekly car use by about 1200. Shippers will be informed of hours and shipping days at all stations.
A girl who claimed to be Pearl Johnson, 28, asked Charles H. Stacy for a ride on Charles street Sutton. She fell from the car near the children’s playground and may die from a fractured skull and possible internal injuries at Massachusetts General Hospital. Stacy told police he did not know her address.
Somerville police say a dispute over a Cambridge girl sparked a large brawl in Davis Square Somerville last night. About 100 Cambridge youths watched as Somerville men James Gillis and John McDonald, both about 22 or 23, fought violently until Patrolman Myron Gott intervened and arrested them on mutual assault and battery charges.
Sealed proposals for constructing a hospital at Fort Constitution New Hampshire will be received until noon September 25 1917. Information available on application to the Quartermaster.
Emerald street ad offers papering a room painting a room and washing at 50c per arm. Harvard dental student seeks private Jewish family for board. Old coins buyer offers quotes paid at 10c WM. Tremont building ad posted.
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