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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
May 05, 1917
Page
2
Readers are invited to send financial investment questions to Investors Public Service care of the newspaper. General inquiries may be answered in print or by mail if not of broad interest. Letters must be signed with full name and address and will be confidential.
The article discusses blue sky laws as a reform to curb misleading investments while hindering some sound offerings. It notes 26 states have adopted such laws, with varied strictness and occasional calls for a federal standard. It cites investor protection, regulatory complexity, and the push for uniform rules. It also mentions investment questions about United States Steel stock and notes related stock dividend data for eastern pipeline companies.
EF F 3B reports the Standard Silver-Lead Mining Company announced a dividend of 5 cents per share, paid April 15 to stockholders of record March 31. The move suggests an annual rate of 20 cents per share.
Legal tender means money issued by law that must be accepted for debts. The Erie has earned fixed charges for nine years. Ray-Hercules Copper is a highly speculative stock with no dividends, fluctuating mainly between three and six dollars. It should be bought only by cash with careful price tracking and via a reliable broker, not on margin.
In Philadelphia on May 5 a large gathering witnessed the marriage of Miss Ethel Hardy to Major Frederick May Wise of the United States Marine Corps. The ceremony took place at Radnor's Protestant Episcopal Church and was followed by a reception at the home of Mr and Mrs John Kent Kene.
An ad claims a Cincinnati inventor developed Freezone, a liquid applied to corns and calluses that supposedly removes them instantly without pain. It promises cheap bottles at drug stores and urges looking for a yellow label for genuine product.
Special to The Dispatch from New Bern on May 5 reports mills and other industries recruiting hundreds of workers as farmers seek farm hands. A big Neverson quarry push sends rock to the harbor breakwater project via Morehead City. Sheriff Lane warns of J M Hall alias Frank Sargent a prior criminal from San Francisco. Memorial Day speaker chosen is Hon. L I Moore. High school vs Farm Life at Vanceboro slated as a fast match. Oyster demand remains modest though quality steady. City sanitation chief Brinson reports local cleanliness improving with summer cleanup urged. Tobacco crop prospects for Craven county look favorable as farmers use previously idle land without reducing food crops.
Catholics of St Louis prepare for the sixty second annual convention of the Central Verein to meet in the city next fall. A tentative program is arranged and officials expect attendance to rival past gatherings with Mgr Bonzano and other bishops invited. The opening Mass will be at the cathedral on Sunday morning August 19 followed by a parade of Catholic societies.
Babe Ruth, star pitcher for the Red Sox, proves a pitcher can hit by belting long drives and solid contact. His display defies old skepticism about pitcher hitting, showcasing power and accuracy at the plate.
The Progressive Railway of the South announces limited return round trips from Wilmington North Carolina to multiple cities including Atlanta Birmingham Raleigh Washington St Louis New Orleans Spartanburg Dallas and others with sale dates in May June and July and varying return deadlines. Agents R W Wallace and H E Pleasants in Wilmington handle inquiries.
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