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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Apr 10, 1901
Page
6
The Trips Associated Merchants Company is a Connecticut corporation under a special legislative charter. Authorized capital totals 20 million dollars divided into 10 million first preferred cumulative 5% stock, 5 million second preferred cumulative 6% stock, and 5 million common stock. Conversion options exist for the preferred stock.
Dividends payable quarterly from April 15 1901 at 28 State Street Boston. We offer 5 000 000 of described first preferred stock at par with 35 percent due on acceptance and 65 percent on July 15 1901. Interest 5 percent per annum on early payments. Applications accepted through April 15 1901 with right to reject. Transfer receipts issued with final delivery after full payment. Reference to John Claflin letter to J P Morgan & Company.
John Claflin writes from New York on April 8 1901 stating Associated Merchants Company chartered in Connecticut plans to raise 5 million in First Preferred Cumulative Five Percent Stock to fund acquisitions of H B Claflin Adams Dry Goods James McCreery Co and related assets. Holders may convert to Second Preferred or Common Stock and dividends accrue quarterly with priority to First Preferred.
New York April 9 The first meeting of the United States Steel Corporation directors ratified officers and announced subordinate posts. President Charles M Schwab leads the Carnegie group with James Giley as first vice president and W R Walker, W E Palmer and Arthur T Luke in top posts. EB Gary chairs the executive committee and Robert Bacon heads the finance committee.
In Boston and New York on Tuesday evening April 9 copper shares rose led by Montana amid talk of a four for one Amalgamated Montana Butte deal with Trimountain. Santa Fe gained on heavy volume as bulls cite mass copper discoveries and strong mine earnings while Wall Street watches credit and liquidity shifts.
Boston reports show the day’s highest and lowest readings for the Rial market with closing bid and asked values. Market activity is summarized for April trading days.
An advertisement offers a free trial beauty remedy by mail with name and address, claiming to clear freckles moth patches eczema and other skin issues. Customer testimonials praise rapid skin improvements while noting the product is not a cosmetic or bleach. Also included are stock market figures and dividends.
Orlando H Underhill killed his wife in Manchester and wounded himself. He fled into the woods near the city, drew on a passerby, and was captured after four hours. He died at Sacred Heart Hospital at 9 PM after two hours of unconsciousness with no statement about the crime.
The Cuban constitutional convention votes 20 to 8 to reconsider the decision against sending a commission to Washington. The plan now is to appoint a five member delegation to meet Governor General Wood, discuss the situation, and seek his advice on the next steps in Washington.
The Irish societies and civic leaders gathered at the Hotel Essex to finalize arrangements for a Tremont Temple reception and lecture for Commandant Snyman on Friday evening April 19. Messages from officials noted absences and parade plans by Irish regiments and bands promised to assist.
A large crowd attended the fifth annual entertainment at Pythian Hall in Fast Boston hosted by Revere Lodge No. 7404 I O O F. James Lewis served as floor manager with assistants Robert Kennedy and Thomas Williams. Dancing began at eight o clock and continued late.
George W. Price sues Maria Murdock and others in a bitter ten year action over alleged heirs of the Cambridge Gray family. The case, presided by Judge Stevens, ends in a pro forma verdict and advances to the Massachusetts Supreme Judicial Court on questions of law. The tale links Dr Lewis Gray, the Foxboro Grays, and claims by Wiggin Holt and others asserting inheritance of the two elderly maiden ladies. The Supreme Court will decide the legal questions involved.
The Charlestown 17th of Tue Carnival Association held a meeting last evening. Street Commissioner BK A Presho, president of the organization, nominated William F. Casey as chief marshal. Casey has long membership and appointed Richard H. Hanson as his chief of staff. The festival plan may aim to celebrate the holidays known as the tival of holidays under consideration.
A chaotic scene near the station ends with Coan surrendering after a pistol is fired in the air. One opponent is chased along School Street and later seized, while another participant vanishes from view.
An advertising piece promotes Stuart's Dyspepsia Tablets as a rational cure for indigestion and nervous dyspepsia. It claims the remedy digests wholesome food, rests overworked organs, improves appetite and sleep, and requires no dieting. Sold by druggists at 50 cents. manufactured by F A Stuart Co. in Marshall Michigan.
United States Rubber preferred stock rose eight points and the common gained three points on the Stock Exchange amid reports of a management change favoring Converse interests and Charles R. Flint's retirement. Converse insists Flint will remain head and headquarters stay in New Jersey despite outside stockholders seeking larger dividends through new leadership.
The steamship Anglo Australian cleared today for Cape Town with 100 mules. The vessel had been held up by an injunction sought by Boer representatives.
Oliver Ames owner of the Ames and Colonial buildings and several parcels along Commonwealth Avenue, Beacon Street, and more has purchased the Chestnut Street property numbered 9 Chestnut Street fl onging to J Reed Whipple. The estate extends to Otis Place near Krimmer Street, with a large brick building and 2618 square feet of land taxed for $20 0%.
Frederick J. Metzger, formerly of Station A South End, appeared before Judge Lowell in U S District Court yesterday. He pleaded or was indicted on charges of bezzlement involving two letters. Metzger received a one year sentence to Dedham jail.
The will of Edna McPherson widow of Senator John R McPherson was filed for probate in Hudson County Court Jersey City. The estate is valued at over 50 0000.
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